|
||||||||||
|
||||||||||
7 Nov 2018, 09:40 (Ref:3861585) | #1951 | |
Veteran
Join Date: Jun 2011
Posts: 3,547
|
F1 has announced there will be a GP in Hanoi in 2020 on a street circuit with a newly built pit and paddock area, some of the track has yet to be built and will become public road outside of racing. It is to be financed from private/business sources.
http://classic.autosport.com/news/report.php/id/139883 There was no mention of what part of the season it will happen but I do recall Chase Carey saying that he would like to see the Asian part of the season in the early part of the year. It will be interesting to see what sort of live audience they get when compared with some of the GP's Bernie brought in. |
|
|
7 Nov 2018, 10:05 (Ref:3861588) | #1952 | ||
The Honourable Mallett
20KPINAL
Join Date: Feb 1999
Posts: 37,234
|
From my experience, albeit back in the early 90s, the Vietnamese people are about as interested in motor sport as the South Koreans.
|
||
__________________
I've decided to stop reaching out to people. I'm just going to contact them instead. |
7 Nov 2018, 10:06 (Ref:3861589) | #1953 | |||
Race Official
20KPINAL
Join Date: Jul 2008
Posts: 23,144
|
Quote:
|
|||
__________________
"If you're not winning you're not trying." Colin Chapman. |
7 Nov 2018, 10:16 (Ref:3861592) | #1954 | ||
The Honourable Mallett
20KPINAL
Join Date: Feb 1999
Posts: 37,234
|
Ha Noi is the capital.
|
||
__________________
I've decided to stop reaching out to people. I'm just going to contact them instead. |
7 Nov 2018, 12:23 (Ref:3861609) | #1955 | ||
Veteran
Join Date: Apr 2005
Posts: 5,647
|
|||
__________________
Incognito: An Italian phrase meaning Nice Gearchange! |
7 Nov 2018, 12:25 (Ref:3861611) | #1956 | ||
The Honourable Mallett
20KPINAL
Join Date: Feb 1999
Posts: 37,234
|
Not very.
|
||
__________________
I've decided to stop reaching out to people. I'm just going to contact them instead. |
7 Nov 2018, 16:06 (Ref:3861652) | #1957 | |
Veteran
Join Date: Jul 2013
Posts: 18,325
|
Well it’s been a big announcement, but we’ll see whether it is worth it
|
|
__________________
He who dares wins! He who hesitates is lost! |
7 Nov 2018, 16:31 (Ref:3861659) | #1958 | ||
Veteran
Join Date: Mar 2005
Posts: 9,719
|
from the article:
The Straits Times newspaper recently reported that the race would be funded by private backers rather than state assistance. i really like that part of it...if true that its privately funded i think it has a better chance at success (or at least to be better attended) then the state run farces we have come to expect in recent years. anyways, just a replacement for Malaysia or will another venue get priced out? |
||
__________________
Home, is where I want to be but I guess I'm already there I come home, she lifted up her wings guess that this must be the place |
7 Nov 2018, 16:43 (Ref:3861662) | #1959 | |||
Race Official
20KPINAL
Join Date: Jul 2008
Posts: 23,144
|
Quote:
They are going to have to be careful, as to how they price them, if they want to attract home grown spectators in a country with no motorports heritage. |
|||
__________________
"If you're not winning you're not trying." Colin Chapman. |
7 Nov 2018, 16:52 (Ref:3861665) | #1960 | |||
Veteran
Join Date: Oct 2000
Posts: 1,664
|
Quote:
At least govt. funded I can understand desired exposure for tourism $$$ (though I won't even touch that one....); but what's private to gain, indeed? |
|||
__________________
"Those were the days my friends. We thought they'd never end..." jimclark |
7 Nov 2018, 17:00 (Ref:3861669) | #1961 | ||
Veteran
Join Date: Mar 2005
Posts: 9,719
|
just my opinion and dont really want to get political, but the state run races (Sochi, Abu Dhabi, Baku, Bahrain for example) dont enjoy large attendance nor do they bus people in. these are events for the 'elites' and no doubt they prefer the exclusive nature of a lower attendance.
its my hope that the profit model of private funding means a greater chance that they price the event accordingly and promote the event to the locals because they need to turn a profit and cant just turn around and collect more taxes to subsidize any shortfalls. |
||
__________________
Home, is where I want to be but I guess I'm already there I come home, she lifted up her wings guess that this must be the place |
7 Nov 2018, 17:21 (Ref:3861674) | #1962 | |||
Race Official
20KPINAL
Join Date: Jul 2008
Posts: 23,144
|
Quote:
There is the novelty factor but I think they are going to have their work cut out promoting this to the locals, as there is no grass roots motorsport. That's why both S. Korea and India failed. I was surprised Turkey lasted as long as it did. Motorsport isn't everyone's cup of tea. |
|||
__________________
"If you're not winning you're not trying." Colin Chapman. |
16 Dec 2018, 15:50 (Ref:3870682) | #1963 | ||
Veteran
Join Date: Oct 2011
Posts: 5,471
|
According to a report in one of the financial pages of a UK Sunday newspaper, it appears that Silverstone and Liberty have yet to agree a new contract to hold a GP after next year's event.
The latest offer from the British Racing Drivers' Club (BRDC, owner of the track) is that Silverstone would hand Liberty all ticket revenue in return for Liberty paying them a fee to cover the costs of hosting the event. In the six years up until the end of 2017, BRDC have made a combined loss of £51 million. So continuing to host the GP on the basis of the original contract would be suicidal as it included a 5% (compound) escalation clause. The above offer would seem to be the only way that the race might continue in the UK. |
||
|
16 Dec 2018, 16:11 (Ref:3870684) | #1964 | |
Veteran
Join Date: Jul 2013
Posts: 18,325
|
That’s good news, can’t imagine an F1 season without the British GP. It’s here to stay
|
|
__________________
He who dares wins! He who hesitates is lost! |
16 Dec 2018, 16:39 (Ref:3870690) | #1965 | ||
Race Official
20KPINAL
Join Date: Jul 2008
Posts: 23,144
|
Doesn't sound like it's done deal, yet. However, hope it goes through. An F1 season, without the British GP, which has been there from the outset and considering how so many teams are based in the UK, would be ironic and not bode well.
|
||
__________________
"If you're not winning you're not trying." Colin Chapman. |
16 Dec 2018, 17:16 (Ref:3870694) | #1966 | ||
Veteran
Join Date: Oct 2011
Posts: 5,471
|
The main problem is that the British GP is the only event on the calendar that does not receive any financial assistance, direct or indirect, from any governmental body whether that be national, regional or local.
As a member of the BRDC's board said, they have until the 2020 calendar is announced to reach a deal that is satisfactory to both sides. |
||
|
17 Dec 2018, 03:38 (Ref:3870757) | #1967 | ||
Veteran
Join Date: Oct 2000
Posts: 1,664
|
|||
__________________
"Those were the days my friends. We thought they'd never end..." jimclark |
17 Dec 2018, 19:42 (Ref:3870953) | #1968 | |||
Veteran
Join Date: Feb 2004
Posts: 2,829
|
Quote:
|
|||
__________________
"Your biggest auto race may one day become a Camaro playground", Chris Economaki, Bathurst 1979 |
17 Dec 2018, 23:40 (Ref:3870992) | #1969 | ||
Veteran
Join Date: Jun 2009
Posts: 8,088
|
Quote:
and the event will cost the Victorian tax payers in excess of $80 million dollars for a temporary circuit and no benefit whatsoever to local racing. Imagine the benefit of $80 million dollars a year spent on the local racing fraternity. |
||
|
18 Dec 2018, 02:21 (Ref:3871018) | #1970 | |||
Veteran
Join Date: Oct 2000
Posts: 1,664
|
Quote:
As in, to showcase what, to how many eyeballs, for the $$$? What "local" racing has an international audience in hope of improving the local economy (aka tourism and corporate investment)? Formula One provides this opportunity for the nation as a whole, local racing does not. Last edited by jimclark; 18 Dec 2018 at 02:30. |
|||
__________________
"Those were the days my friends. We thought they'd never end..." jimclark |
18 Dec 2018, 22:30 (Ref:3871266) | #1971 | ||
Veteran
Join Date: Jun 2009
Posts: 8,088
|
Quote:
If you take an attendance of 90 200 people in 2016 ( a generous figure boasted by the organizers) and a cost of $80 million dollars, then the taxpayer is funding every attendee at the track to the tune of $886, not sustainable. The attendance figures are very doubtful and massively over estimated, the Grand Prix being the only event not to have its attendance properly verified. The organizers spent nearly half a million dollars in legal representation to prevent the actual attendances from being disclosed. http://www.save-albert-park.org.au/s..._the_truth.pdf It should also be noted that the Grand Prix was originally sold to the taxpayers on the basis that the event would be self funding and the state was only guaranteeing the event. It now costs not $80 million, but $100 million dollars a year I believe. I have no idea why, or how this event is allowed to continue by the Victorian Government, the "return" to taxpayers seems to be non existent making the event unsustainable and a cause for concern to us as fans. |
||
|
19 Dec 2018, 00:42 (Ref:3871282) | #1972 | ||
Veteran
Join Date: Oct 2003
Posts: 2,812
|
You've obviously never been to Lygon St after a Grand Prix then.
|
||
__________________
Part time wingman, full time spud. |
19 Dec 2018, 03:36 (Ref:3871301) | #1973 | |
Race Official
Veteran
Join Date: Dec 1998
Posts: 16,760
|
i realise i am but just one person, but i wouldn't have been to australia if it wasn't for the grand prix, and i wouldn't be planning to go back to the melbourne area if it wasn't for the grand prix introducing me to the city. another hotel room filled, another few train tickets, plane tickets, word of mouth praise for the place, etc.
the general admission ticket price was neither here nor there in terms of the general cost of doing stuff in melbourne, and the venue was... well, aside from convenience factor, a warm version of snetterton. it was good being able to have a nosey in the supercars and look at the massive weapons they carry their teams around compared to european trucks though. i think the same goes for quite a few fans at quite a few circuits across the world, and quite a few people who work in the sport too. it's that kind of intangible that i guess the local and national governments are going for. |
|
__________________
devils advocate in-chief and professional arguer of both sides |
19 Dec 2018, 03:55 (Ref:3871302) | #1974 | |||
Veteran
Join Date: Oct 2000
Posts: 1,664
|
Quote:
|
|||
__________________
"Those were the days my friends. We thought they'd never end..." jimclark |
19 Dec 2018, 03:57 (Ref:3871303) | #1975 | |||
Veteran
Join Date: Feb 2010
Posts: 6,031
|
Quote:
|
|||
|
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
The Greatest Grands Prix | krt917 | Motorsport History | 34 | 1 Mar 2006 13:26 |
Grands Prix | Peter Mallett | Trackside | 5 | 21 Jan 2005 13:13 |
F1 Grands Prix Marshalling...Help | AndyP MyCo | Marshals Forum | 33 | 15 Feb 2004 19:09 |