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Old 16 Dec 2018, 16:16 (Ref:3870694)   #1966
Mike Harte
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Mike Harte should be qualifying in the top 3 on the gridMike Harte should be qualifying in the top 3 on the gridMike Harte should be qualifying in the top 3 on the gridMike Harte should be qualifying in the top 3 on the grid
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.
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Old 17 Dec 2018, 02:38 (Ref:3870757)   #1967
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Thatís good news, canít imagine an F1 season without the British GP. Itís here to stay
'Like to believe so too, however, nothing these days seems to be etched in stone....
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Old 17 Dec 2018, 18:42 (Ref:3870953)   #1968
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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.
Of course Australia is another example of a state run race that does is differently to those mentioned above.
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Old 17 Dec 2018, 22:40 (Ref:3870992)   #1969
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Of course Australia is another example of a state run race that does is differently to those mentioned above.
Tickets are not exactly cheap: https://tickets.formula1.com/en/3159...CAAEgLaQfD_BwE

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.
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Old 18 Dec 2018, 01:21 (Ref:3871018)   #1970
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Tickets are not exactly cheap: https://tickets.formula1.com/en/3159...CAAEgLaQfD_BwE
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.
What would the benefit be to the citizens of Australia?
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 01:30.
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Old 18 Dec 2018, 21:30 (Ref:3871266)   #1971
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What would the benefit be to the citizens of Australia?
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.
The Victorian Auditor General has criticized much of this mythology.

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.
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Old 18 Dec 2018, 23:42 (Ref:3871282)   #1972
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You've obviously never been to Lygon St after a Grand Prix then.
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Old 19 Dec 2018, 02:36 (Ref:3871301)   #1973
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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.
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Old 19 Dec 2018, 02:55 (Ref:3871302)   #1974
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Originally Posted by wnut View Post
The Victorian Auditor General has criticized much of this mythology.

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.
All of the above may be oh so true, but you're neglecting the worldwide exposure Australia gets to the millions that are watching. That's what any advertising is, which is what holding an F1 race is all about. The same as local govt. building a stadium to host a ball team; nations vying to host the Olympics.. Exposure is key.
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Old 19 Dec 2018, 02:57 (Ref:3871303)   #1975
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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.
You probably ate while you were here too, more coffers for the local economy.
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Old 19 Dec 2018, 03:06 (Ref:3871304)   #1976
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You probably ate while you were here too, more coffers for the local economy.
I assume (of course, one should never assume anything...) there was some liquid consumption going on also.....odds are anyhow....maybe not bella but....
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Old 19 Dec 2018, 03:12 (Ref:3871305)   #1977
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I assume (of course, one should never assume anything...) there was some liquid consumption going on also.....odds are anyhow....maybe not bella but....
i can neither confirm nor deny
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Old 19 Dec 2018, 03:20 (Ref:3871307)   #1978
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Who? Me?
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Old 4 Feb 2019, 13:49 (Ref:3881886)   #1979
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The Mexican federal government announced it will stop funding the Mexican Grand Prix.
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Old 4 Feb 2019, 14:10 (Ref:3881890)   #1980
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The Mexican federal government announced it will stop funding the Mexican Grand Prix.
Any confirmation?
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