Race German GP to be cancelled? - Page 3

wolfhound · 23 Nov 2012, 17:49 (Ref:3170294)

But in the old Concorde agreement there had to be a certain number of races in Europe, I don't know whats in the new one.

JeremySmith · 23 Nov 2012, 20:33 (Ref:3170336)

Quote:

Originally Posted by davyboy

You're right but they don't seem to care.

They will care when a lot of these races can longer pay and have no choice but to fall off the calendar ...

nicanary · 24 Nov 2012, 10:45 (Ref:3170504)

Quote:

Originally Posted by JeremySmith

They will care when a lot of these races can longer pay and have no choice but to fall off the calendar ...

Yep, that's the point. Bernie's scheme for F1 expansion/money-making is like a house of cards. When it tumbles, the whole lot could fall.

Then he (or his successor, because knowing Bernie he'll leave a sinking ship at just the right time), will have to go whining to the European stalwart organisers to help him out. No races, no championship.

davyboy · 24 Nov 2012, 15:03 (Ref:3170573)

Quote:

Originally Posted by nicanary

Yep, that's the point. Bernie's scheme for F1 expansion/money-making is like a house of cards. When it tumbles, the whole lot could fall.

Then he (or his successor, because knowing Bernie he'll leave a sinking ship at just the right time), will have to go whining to the European stalwart organisers to help him out. No races, no championship.

... and again, do we think Bernie gives a damn about what happens after he's gone ?

mythoughtsareracing · 24 Nov 2012, 17:31 (Ref:3170624)

Quote:

Originally Posted by chillibowl

one question with Christian Sylt's article, i thought the Texas gov't opted to not make the state funds available for the race? if they did get that money then this was a massively profitable event from the point of view of the organizers.

The decision was not to allow the finds to be dispersed until after the event.
The original plan was to use $25M in METF funds to pay the sanctioning fee, but that fell through, partly due to the legal B.S. between Tavo, Bobby and the rest of the money-men and partly due to public pressure of NIMBYs that were whining about state monies being used for an auto race.

As I understand it, the funds from METF are still a green light, and will still offset the amount paid to Bernie as a sanctioning fee.

wolfhound · 27 Jun 2013, 09:07 (Ref:3270389)

According to Joe Saward Bernie E is feeling generous in his old age and is not going to charge the German GP organisers a fee for this years race. This leaves CVC with an $18 million hole in their revenue. I suspect there will be many theories as to why this has happened and it should be fun speculating.

http://joesaward.wordpress.com/2013/...es-in-germany/

**bella** · 27 Jun 2013, 12:28 (Ref:3270500)

i think it's clearly up against the wall time for a lot of european economies, and it became obvious that there was absolutely no way the nurburgring was ever going to find the fee. what local area (or even national government) now has that kind of money to throw away on an event that brings in people but that doesn't contribute that much to the local economy? in real terms that's a number of very significant investments to help companies set up new bases and factories in the area. that sort of use of the funds has a far more obvious long term positive effect than a f1 grand prix at a venue that's already well established and not really going to benefit from any additional publicity.

i think it's sensible by bernie. alienating germany by taking away the race without even replacing it with another venue would be seriously unwise. i don't know where it leaves his relationship with many of the other traditional venues on the calendar though. i don't see it in terms of keeping the german prosecuters sweet, but i'm sure there's an element of that.

chillibowl · 27 Jun 2013, 14:44 (Ref:3270621)

from what i have read the relief is for this years race. im surprised he gave them this long to pay the fees for this year. by taking the chance that they could fail to make the payment so close to the race date and risk a last minute cancellation he gave the German GP promoters an enormous amount of leverage which in it of itself is unusual for BE.

no doubt it will be spun as generosity but wow i havent seen BE slip on a deal like this ever.

secondary thought, what did the German GP promoters do with their proceeds from the ticket sales from individuals, from corporate groups, and advertising income?

there have been rumors of insolvency for the past few years so i would guess that they are servicing old debts so then i would be curious to know who they owe money too and what banks hold that paper.

Mekola · 27 Jun 2013, 15:15 (Ref:3270644)

Quote:

Originally Posted by ace007

FOM's fees are too high for the current market. If they are not more attentive, they will end up with no more races in Europe besides Monaco...

Keep calm. We're near that the Asian venues will start to say that FOM's fees are too high ever for them...

Marbot · 27 Jun 2013, 18:04 (Ref:3270722)

What's this? It's brown envelope time again! Lovely! Lovely! Money!

wnut · 28 Jun 2013, 08:15 (Ref:3271064)

Quote:

Originally Posted by Purist

Monaco is THE "wine and dine" spot for the rich, powerful, and famous. THAT is THE reason why Monaco gets away with no fee, and will continue to do so.

The strange thing is that Monaco's casinos would probably spring handsomely for a GP.

Greasyjoe · 28 Jun 2013, 23:11 (Ref:3271420)

Quote:

Originally Posted by Marbot

A race rumour.

It would seem that the German GP is looking like an extremely unlikely event for next season. Talks with Ecclestone have come to a halt, and that seems to be that. At least Bernie can now slot the French GP into a better spot. Always a silver lining........

http://www.gpupdate.net/en/f1-news/2...e-nurburgring/

Need a bit of help please. I'll be at the German Grand Prix next weekend, stopping by for 24 hours en route to Athens. I want to do the pit walk Thursday afternoon, but I understand its only available to 3 day ticket holders, and I'm only going Friday morning. Anyone know where I can borrow a pass for 50 quid? Thanks

Mekola · 28 Jun 2013, 23:52 (Ref:3271425)

Quote:

Originally Posted by wolfhound

But in the old Concorde agreement there had to be a certain number of races in Europe, I don't know whats in the new one.

Interesting. Specially for teams budgets.

Bernard Bram · 30 Jun 2013, 16:13 (Ref:3271943)

Quote:

Originally Posted by chillibowl

there have been rumors of insolvency for the past few years so i would guess that they are servicing old debts so then i would be curious to know who they owe money too and what banks hold that paper.

The Ring has been in bankruptcy for weeks now, thanks to the local mafia, sry, gorvernment who want to get it of their backs no matter the consequences and screw the local businesses.

davyboy · 1 Jul 2013, 13:43 (Ref:3272397)

It might be cancelled for different reasons now.

Report here.

wnut · 1 Jul 2013, 13:51 (Ref:3272402)

Quote:

Originally Posted by davyboy

It might be cancelled for different reasons now.

Report here.

Who could blame them?

Spritle · 1 Jul 2013, 22:16 (Ref:3272657)

I doubt we will see a boycott before the race.

But I cannot imagine Pirelli will have this mess sorted out by Friday so I imagine one blow-out during practice will cause the race to be cancelled by Charlie & Company...

...or we will have a boycott.

TimRTC · 1 Jul 2013, 22:23 (Ref:3272661)

If they can't find a safe option, suspend the championship points and have the drivers race in other machinery for the weekend as a one-off show event - would be great fun to see the field racing in a spec series car.

wolfhound · 1 Jul 2013, 22:27 (Ref:3272665)

Hmm the GP2 cars should be there & Porsche supercup cars, I wonder if Webber would like an early start to his Porsche career.

**bjohnsonsmith** · 2 Jul 2013, 18:10 (Ref:3272994)

If they do boycott the GP it will not bode well for the future the event.

**Adam43** · 2 Jul 2013, 18:40 (Ref:3273011)

How do we know nowadays when we are reading an article that has any basis in fact?
Tomorrows analysis will be along the lines of 'A driver, who one day will die, said he wanted the tyres changed, which means that a boycott of the German GP is a real possibility.'

**bjohnsonsmith** · 2 Jul 2013, 18:55 (Ref:3273024)

Bernie's dismissing boycott talks.

http://www.bbc.co.uk/sport/0/formula1/23132957

**Adam43** · 2 Jul 2013, 21:22 (Ref:3273113)

And F1 remains in the news

grantp · 2 Jul 2013, 21:44 (Ref:3273123)

Quote:

Originally Posted by TimRTC

If they can't find a safe option, suspend the championship points and have the drivers race in other machinery for the weekend as a one-off show event - would be great fun to see the field racing in a spec series car.

That's a very 60s thought. Mostly such ideas drifted away in the 70s iirc. A lot of history to turn back.

Hamness · 2 Jul 2013, 22:10 (Ref:3273137)

Boycotts ? Will never happen....................Indianapolis anybody ?

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