China cancelled for 2006

[hml2777]

Just on Ch. 10, the contract with China has been cancelled for 2006. - DOH! What a surpirse.

[deeks6]

Oh, damn, I was looking forward to spending $8000 to see that round...now it's only gonna cost me a few hundred to go to Winton. Hell, the missus will want to come now - damn you TEGA!!

[retro]

http://www.gulf-daily-news.com/Story...&IssueID=29004

btw I hope everyone at the Clipsal 500 has visited the Bahrain tent to view the tourist attractions.

HUNDREDS of motor racing fans in Australia flocked to experience traditional Bahraini culture yesterday.

A tent showcasing the country's hospitality was set up as the Clipsal 500 Vee Eight Supercar Championship roared into action in Adelaide.

[retro]

**linky**

V8's cancel China race
By John Carr
25mar06
V8 Supercars Australia has cancelled its agreement with the organisers of the Chinese round of the touring car championship.

Announcing the decision at the Clipsal 500 in Adelaide, V8 Supercars Australia's chief executive Wayne Cattach said there had been a number of issues that negotiations had failed to resolve.

"The main one was a suitable date," Cattach said.

"We made a number of suggestions but none of them were acceptable."

[kmsport]

and I was thought it was because the Chinese didnt cough up the money..

[johnh875]

Given the 2006 race had already been cancelled, it reads to me like they have cancelled it going forward too - or am I reading too much into it? No year is mentioned.

[D.R.T.]

Who cancelled who's contract ?

I think China is the one whose dodged the financial bullet in this instance.

Makes all of Avescos comments after last years events all the more laughable. I shall seek to find some of those quotes over the next few days.

[GTRMagic]

V8's cancel China race
By John Carr
25mar06
V8 Supercars Australia has cancelled its agreement with the organisers of the Chinese round of the touring car championship.

Announcing the decision at the Clipsal 500 in Adelaide, V8 Supercars Australia's chief executive Wayne Cattach said there had been a number of issues that negotiations had failed to resolve.

"The main one was a suitable date," Cattach said.

"We made a number of suggestions but none of them were acceptable."

Its a real problem when there are only 52 weekends a year to choose from. I mean, the F1 sucks up one weekend, so there are 51 to pick from. Not much choice there

[Robert Ryan]

Who cancelled who's contract ?

I think China is the one whose dodged the financial bullet in this instance.

Deal with the Chinese at your peril...seems more Aussie Business people are becoming aware of the pitfalls of dealing with China not just V8Supercar.

[D.R.T.]

When a race loses that amount of money, I dont think it matters what nation or business culture you are working in, the end result is the same.

[Robert Ryan]

When a race loses that amount of money, I dont think it matters what nation or business culture you are working in, the end result is the same.

Did it lose that money or an excuse...I think an excuse. They were not complaining immediately after the event...everyone was happy or seemed to be.

[S_Doctor]

They were not happy, but they were not going to air their dirty laundry in public where they?

[Robert Ryan]

They were not happy, but they were not going to air their dirty laundry in public where they?

It has not stopped them in the past. China is a fairly stifling dictatorship, that has no qualms about saying things that annoy others.

[D.R.T.]

Originally Posted by Robert Ryan

Did it lose that money or an excuse...I think an excuse.

Robert, it is pretty obvious that this cost the promoter an absolute bomb. They were left high and dry. Holding another event is anyones language would have been business suicide.

[TSR]

Originally Posted by hml2777

Just on Ch. 10, the contract with China has been cancelled for 2006. - DOH! What a surpirse.

As Homer would say Wa whooo

[Robert Ryan]

Robert, it is pretty obvious that this cost the promoter an absolute bomb. They were left high and dry. Holding another event is anyone's language would have been business suicide

D.R.T. it was not obvious, it cost them a "bomb". The Shanghai Tilke designed circuit cost US$600million to build, the cost of holding the V8Supercar race was insignificant. What was not insignificant to the Chinese , was Howard saying this was a great advancement in showcasing Aussie products and sponsors to the Chinese public. So when the US started saying that China had to be "Contained", the Chinese thought logically , that contrary to the Australian Governments public denial, they were in bed with the US and promptly shafted the race. Remember you are dealing with the Communists that run China, not some standalone promotor.. there is really no such animal..in the People's Republic of China.

[D.R.T.]

Originally Posted by Robert Ryan

D.R.T. it was not obvious, it cost them a "bomb". The Shanghai Tilke designed circuit cost US$600million to build, the cost of holding the V8Supercar race was insignificant.

After spending $600 million, the track needs to bring in paying spectators, tourists, international interest to gain a return on that original $600 million.
No one will continue to keep throwing money down a black hole.

The 2004 event didnt achieve that.
The 2005 event didnt achieve that.
The writing was on the wall and they couldnt get out there any faster.

[Robert Ryan]

After spending $600 million, the track needs to bring in paying spectators, tourists, international interest to gain a return on that original $600 million.
No one will continue to keep throwing money down a black hole

It is a Conmmunist run enterprise, they DO NOT CARE how much it costs, it is there to promote the "Modern China" to the world...It will NEVER BE Profitable.

[D.R.T.]

Robert, it wasnt promoting "Modern China" to the world.

The event was not working. You cannot lay the blame on the Chinese here.

[Robert Ryan]

Robert, it wasnt promoting "Modern China" to the world

Anything done in Communist China is showing "face", they do not like to lose it.

The event was not working. You cannot lay the blame on the Chinese here.

They broke the contract, they pay the penalities..or should pay penalities.

[Robert Ryan]

"Going forward, the lessons for us include engaging a promoter that controls the venue and has demonstrated motorsport experience,"

From Wayne Cattach
Well Cattach got burned, because they , were the meat in the sandwich and the "Controllers of the Venue" the Communist Gorvernment, do what ever they please.

[D.R.T.]

Bottom line, the race wasnt successful.

This international v8 fandom that we are always being told about, didnt show through, atleast in China. You cant spin that otherwise.

Bahrain will be interesting to see if the same thing happens there.

Two of my favourites after the chinese race last year.

http://www.motorsm.com/motorsport/au...5_R5_China.asp

Tony Cochrane (Chairman, AVESCO ): "In the same way that the street circuit in Adelaide took the V8 Supercar Championship Series to a new level seven years ago, our expansion into the exciting market of China will yet again raise the bar and expectations of the world's greatest touring car category."

Wayne Cattach (CEO, AVESCO): "It is the largest Chinese take-away in Australian history! Seriously, it is a very ambitious project but its very execution opens up the world for our sport. Now we are geared up and ready to travel to any part of the world. For the sport this is an enormous step."

[Robert Ryan]

Bottom line, the race wasnt successful.

This international v8 fandom that we are always being told about, didnt show through, atleast in China. You cant spin that otherwise.

DRT..we are talking about a race paid for totally by a Communist Government. There was international spinoffs from it. There are NO racing fans in China..the idea of the race was to try and generate interest. Others elsewhere did see the race, so it was a SUCCESS. It gave international coverage , for no obvious outlay for AVESCO(V8Supercars), that is something NASCAR can only WISH FOR.

Bahrain will be interesting to see if the same thing happens there.

Bahrain has slightly more western tastes than China and yes it is paid for by the Promotors.

[Robert Ryan]

It is the largest Chinese take-away in Australian history! Seriously, it is a very ambitious project but its very execution opens up the world for our sport. Now we are geared up and ready to travel to any part of the world. For the sport this is an enormous step."

Totally agree: It is the logical step for ANY racing organisation in a GLOBAL market, that wants to expand...Every MAJOR racing Organisation or who wants to become a major organisation needs to go Global, to get the sponsors that keep things going. Whether it is NASCAR, WTCC, DTM, CCWS, F1, you name it they are all looking to go global. The world has changed.

[D.R.T.]

Originally Posted by Robert Ryan

DRT..we are talking about a race paid for totally by a Communist Government. There was international spinoffs from it. There are NO racing fans in China..the idea of the race was to try and generate interest. Others elsewhere did see the race, so it was a SUCCESS.

The race didnt meet its objectives, so from my perspective it was a failure.

There being no race in 2006 is evidence of that. Success would have seen an event return, it isnt.

Heres another pearler, with the ability of hindsight makes it look a little silly.

http://www.v8x.com.au/cms/A_105131/article.html

"History is being made yet again by the Championship after the
incredible successes of our event in Shanghai in June of this year. To
take this Australian sporting product to the world is an outstanding
achievement.

Our sport is a highly sought after product by these International locations
as being of world class standard."