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Bernie and his pay packet.
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xynaria
World Champion


Joined: 03 Mar 2004
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PostPosted: Sun Jul 01, 2012 00:29    Post subject: Reply with quote

Is this what was being mooted as the Tamara Grand Prix??????? Embarassed Laughing
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The Rumble Strip
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Joined: 17 Mar 2008
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PostPosted: Sun Jul 01, 2012 16:08    Post subject: Reply with quote

It's a great idea, well in terms of being able to attend two races in my home country at the very least.

The actual logistics of staging such an event though must be quite hard, especially from a financial point of view.

If the government were unwilling to put money into keeping Silverstone then how can they justify staging a second race in the country, unless of course they take more interest in it due to it being in the capital.

On a lesser scale, with talk of more and more countries wishing to join the F1 bandwagon, would the traditionalists accept alternating with Silverstone, which may eventually have to happen despite protestations to the contrary.

I suspect not.


Last edited by The Rumble Strip on Fri Jul 06, 2012 12:13; edited 1 time in total
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MrFish
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Joined: 19 Oct 2006
Posts: 169

PostPosted: Sun Jul 01, 2012 18:53    Post subject: Reply with quote

Clever stuff - there is a major sporting event happening in London soon, but Santander are not one of the sponsors (sorry, "partners"). So what better way to get themselves associated with it (and jump on the jubilee bandwagon, what with Buckingham Palace, The Mall and all those Union flags) than inventing their own "event" a few weeks before.

I doubt the Olympic organisers are complaining though - the subtext of this is that the transport and logistics for "the Games" are going to be such a success that staging a London Grand Prix would be a doddle. Of course Santander were never going to put this out *after* the Games - I suspect your average road/public transport user by that stage will have had enough...

So a great bit of marketing - get column inches in a lot of papers, by "staging" an event that only exists in a computer and peoples' heads. All the publicity, at a fraction of the cost. As for Ecclestone's £35m, I think he can sleep safe in the knowledge he won't have to pay anytime soon...
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Rob
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Joined: 09 Mar 2004
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Location: Christchurch Dorset

PostPosted: Sun Jul 01, 2012 18:58    Post subject: Reply with quote

The Rumble Strip wrote:
On a lesser scale, with talk of more and more countries wishing to join the F1 bandwagon, would the traditionalists accept an alternating race with Silverstone, which may have to happen despite protestations to the contrary.

I suspect not.


I Would.

Some of us traditionalists go way back.
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Podge 90
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Joined: 31 Mar 2010
Posts: 486

PostPosted: Mon Jul 02, 2012 12:11    Post subject: Reply with quote

solarflare wrote:
Podge 90 wrote:
It seems from the 19 races in 2010, FOM received $560-$570million purely from the hosting fees. On average, that's around $30million from each place - obviously some will be more and some will be less; some reckon Singapore pay upwards of $90m!


It'd be fascinating to know in these contract negotiations what the rationale is for everyone paying different amounts.

One can understand the classic races and those that have been on the calendar for a while maybe being a bit cheaper, but it has always felt to me that since the real boom of new circuits appearing since 1999 with Malaysia that all these venues pay quite a variation in fees.

Wonder how that one is sold to the promoters/financiers.

I'd imagine it's less about what the going rate is, and more about competition driving it up. Looking at the average of ~$30m, and then looking at Singapore's suspected $90m, it looks like they may have got into quite a bidding war Very Happy

Perhaps it isn't about having a 'Singapore' GP, it's about having a GP in that part of the world, then Bernie says "so who wants to host?" and rubs his hands together with a villainous smile.
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solarflare
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Joined: 10 Oct 2005
Posts: 3279

PostPosted: Mon Jul 02, 2012 18:21    Post subject: Reply with quote

Podge 90 wrote:
Perhaps it isn't about having a 'Singapore' GP, it's about having a GP in that part of the world, then Bernie says "so who wants to host?" and rubs his hands together with a villainous smile.


I take the point being made by yourself and others, although you would have thought there might be some sort of element of research done by those doing the bidding before the start so that they might know if they were paying over the odds in comparison to other recent new venues.

However, as an example, considering the relative impact that Singapore has made in its short time, with it now being regarded by "people" as one of the crown jewels of the sport (in the sense it looks very pretty and is a good place for doing business, not in a great-place-for-a-race sense) one wonders how Singapore are going to look at e.g. other races that came on stream at the same time but pay much less, and that's before even getting to looking at Monaco and it's "we're so integral to the sport we won't pay" special case.

Surely they must be looking at the figures and thinking "erm, we apparently bring a lot more to the sport than some other tracks and pay a lot more for the privilege of it".

Unless they take the opposite view of "we're special because we contribute much more than anyone else", then surely they must be feeling either a bit silly or a bit...ripped off?
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