Liberty, is the penny dropping?

[Casper]

"We believe that Formula 1 simply belongs in the United States," Domenicali is quoted by European media outlet Sky Deutschland. "We want to make the American market the most important one in the sport."

https://www.autoweek.com/racing/form...oming-changes/

An idea that might upset some fans.

[Derwent]

No No No !
Europe is the home of F1. The USA have enough series of their own.
There are already too many GPs. The thought of 30 will create boredom and TV audiences will fall.
We need to drop the Arab countries and others where human rights are ignored.
We do need and event in Africa though.

[Casper]

As I have pointed out before, Liberty bought F1 for one reason, the media rights income and nothing else and the biggest single untapped market is the US and I suppose to kick start interest in the US domestic F1 races will increase. Has the penny dropped yet for everyone?

[Casper]

Originally Posted by Born Racer

Merging this new thread with the existing one about future Grands Prix.

Why? my point in posting the thread was not about GP's at all it was to point out that Liberty have an agenda and now we are starting to see it unfold. They are not interested in the racing at all just the sum result of the media time they can sell.

[Casper]

Originally Posted by Born Racer

Merging this new thread with the existing one about future Grands Prix.

Why? my point in posting the thread was not about GP's at all it was to point out that Liberty have an agenda and now we are starting to see it unfold. They are not interested in the racing at all just the sum result of the media time they can sell.

[Anyopenroad]

Originally Posted by Casper

As I have pointed out before, Liberty bought F1 for one reason, the media rights income and nothing else and the biggest single untapped market is the US and I suppose to kick start interest in the US domestic F1 races will increase. Has the penny dropped yet for everyone?

^^ this x100

[Adam43]

Originally Posted by Born Racer

Merging this new thread with the existing one about future Grands Prix.

The posts there promotes a nice development of the where GP could and should be: https://tentenths.com/forum/showthre...38#post4105638

This thread can be on the revelation that Liberty are trying to maximize their income.

[Anyopenroad]

The title if this ‘new’ thread is entirely uncalled-for.

[Casper]

Originally Posted by Anyopenroad

The title if this ‘new’ thread is entirely uncalled-for.

I totally agree and was shocked to see it resurrected by a MODERATOR with this title. Childish seems to spring to mind and with mods like this who needs ten tenths. He should be taken to task for what has been posted by whoever is chief mod and I would accept an apology.

[VIVA GT]

When I saw the thread title I thought it was a bit strong too!
(Maybe the MODERATOR should use his access privileges to change the title to something less inflammatory?)

[Adam43]

Originally Posted by Anyopenroad

The title if this ‘new’ thread is entirely uncalled-for.

Fair enough, I’ll change it, but I was just trying to get the purpose of the poster. The title was more extreme, to emphasis as a little joke.

Originally Posted by Casper

Has the penny dropped yet for everyone?

Now we have a nice play on words. Are people realizing and it references money. Wish I’d thought of that first time.

Sorry for that Casper, like the new title? Was it what you were getting at now?

[greentrumpet]

Of course Liberty are in it for the money, as was CVC as was BCE who was allowed to sell something that really didn't belong to him. The use of "we" rather than "you" in the title might have made the clickbait seem a bit less sour.
There has been a huge thread about the last race of last year which made it perfectly clear where the "sport's" owners priorities lie.

[Anyopenroad]

I took Casper’s point to be not that Liberty are in it to make money, but that as a media company their method of doing so is to look for un (or under) tapped TV markets and launch races there - hence the USA.

This is different to CVC, who emphasised cashflow from hosting fees, hence going to the Middle East etc.

This in turn contrasts with earlier ages where spectator and sponsor income was primary, which led to more European races.

It’s trite to just say ‘it’s always been about money’ because the different ways of making money have profoundly different effects on the sport.

[Mike Harte]

Originally Posted by greentrumpet

Of course Liberty are in it for the money, as was CVC as was BCE who was allowed to sell something that really didn't belong to him. The use of "we" rather than "you" in the title might have made the clickbait seem a bit less sour.
There has been a huge thread about the last race of last year which made it perfectly clear where the "sport's" owners priorities lie.

If you are referring to Liberty as having had any influence on the day of the last race of last season, I would be grateful if you would provide any official links that substantiate that assumption. I have not previously seen any proof that they applied or exerted any pressure on Masi during the running of the race.

I accept that Liberty's raison-d'etre is to make profit for it's shareholders, and they couldn't have wished for a better ending as it promoted so many headlines throughout the media world. But that was as a consequence of how the race ended which I believe was out of their control.

As to the ownership of the commercial side of Formula 1, it was sold to Mr Ecclestone as a direct result of the investigation into the lack of competition or of it being a cartel that was instigated by the European Union. They only decided to not take legal action against the FIA on the condition that the commercial side was at least at arms' length from The FIA, and it was logical, at that time that BCE bought it.

The travesty was that it was sold for a pittance, not that it was sold.

[broadrun96]

Originally Posted by Mike Harte

If you are referring to Liberty as having had any influence on the day of the last race of last season, I would be grateful if you would provide any official links that substantiate that assumption. I have not previously seen any proof that they applied or exerted any pressure on Masi during the running of the race.

I accept that Liberty's raison-d'etre is to make profit for it's shareholders, and they couldn't have wished for a better ending as it promoted so many headlines throughout the media world. But that was as a consequence of how the race ended which I believe was out of their control.

As to the ownership of the commercial side of Formula 1, it was sold to Mr Ecclestone as a direct result of the investigation into the lack of competition or of it being a cartel that was instigated by the European Union. They only decided to not take legal action against the FIA on the condition that the commercial side was at least at arms' length from The FIA, and it was logical, at that time that BCE bought it.

The travesty was that it was sold for a pittance, not that it was sold.

How dare you ask for proof to justify internet outrage. There's been a conclusion, often with the "you can't convince me otherwise" statement, and that will remain their decided position. But just like the Saudi GP, their outrage only lasts to the keyboard, next race and they're back watching again