Quote:
Originally Posted by wolfhound
I would bet any GP promoter would love to have the contracts that track owners have in NASCAR where they 65% of TV revenue plus ticket sales.
http://joesaward.wordpress.com/2012/...usiness-model/
The NASCAR business model is about as different as chalk & cheese to F1. It does however allow all involved to make some money unlike F1 where CVC pulls in massive revenue while the promoters cannot make events pay. |
Thanks woldhound, Saward has some excellent advice, it will not be taken until there is a breakaway series like the one that nearly got up 2 years ago, but the new engine rules may just provide the spark.
It is totally mad that so little of the money generated is put back into the sport.
F1 sounds like the model for the Global Economic Crisis.