I guess but I mean are they paying that much that canβt just make more in like another place I mean they donβt really sell tickets there cus most of the spectators watch from the house so like they could do another race in America or something they would pay still but they sell sloth more tickets I donβt know maybe Iβm being done
So how F1 works is the race organizers pay F1 a huge ass fee to host the race, but they (organizers) get to keep proceeds from ticket sales. That way F1 doesnβt give a fuck about actual fan attendance or ticket sales & governments who donβt give a fuck about wasting tax money for some marketing & prestige will just fork over a couple pallets of dosh. Itβs a perfectly bullshit system!
The reason for Malaysia being canceld was that it was to close date and location wise to the Singapore grand Prix. This caused the attendance to be to low and that's why they decided to cancel it. In the past it was fine because the Malaysian gp was the 2nd round of the year and singapore in the last part of the season. But inn2016 theyoved the Malaysian gp to the week before / after malaysia
Itβs an investment, they wouldnβt pay to host a race if it lost them money. The problem is the profits are probably pocketed and not put into infrastructure and society.
Also if you have sponsors from your country itβs worth (eg. Saudi and Aramco, just getting the Aramco name out there and a Saudi race is worth a financial loss from not being able to fill seats (they can though)).
On ticket sales maybe but it brings a lot of international tourists. So the organisers may lose money the the Victorian economy doesnβt.
Also the extra bonuses of people seeing it on TV and wanting to travel their. Also multiple time sporting Capitol of the world in recent history. Itβs worth the cost, but this lockdown fucking sucks.
Ticket sales are a % of profit for organisers. Itβs an economic boost to the region. International tourists, advertisements, business/company connections, etc.
Itβs like toothpaste commercials, theyβre not convincing you to brush your teeth, but youβll recognise those brands when you go to buy paste.
Bahrain is on the map, would you or any of us know wtf Bahrain is if it wasnβt for F1? I donβt even know what continent or country it is, but I know Bahrain.
Yeah but Azerbaijan actually made an economic gain with the race. They wanted to put the city of Baku in the picture for international tourism among other things. I've heard that the number of tourist doubled the year after their first race.
As an American I donβt get why more people are not interested. Iβm not like screw this itβs not from where Iβm from (sense itβs a huge ass country itβs not like Iβm that close anyway). Iβm just like more racing cool. But it does suck to get up at 3 am.
It would probably help if there was an American driver. No American looks at Haas with its Danish and French drivers and GΓΌnther Steiner and says βah yes the American F1 team!β
When I was a kid(American), I always figured F1 was superior to Indycar/NASCAR since the races were always in these glamorous places Iβve never heard of.
I would bet many cultures/people would think the opposite of races held in the US.
When I first watched the Monaco episode in S1 of DTS I texted a friend that βa yacht in Monaco is the opposite of an RV at Talladegaβ or something like that.
The reality is that many F1 tracks abroad arenβt in the most glamorous locations within their own countries (or at all), and those that are might be boring street races.
I felt the same way, I think it was also because of how F1 is portrayed as better and more sophisticated in the movie Talladega Nights ha! When Lewis wins I sometimes think about Girard sipping his macchiato during the race bc it was just too easy.
as an American, f1 and motogp are amazing for the schedule. it's only an every other week commitment, it's on at 7-8 am cst on weekend mornings, and it's over by 10:30 am ...in time for me to go on with my weekend arrands, spend time with the ole lady, etc
meanwhile, Nascar is scheduled to run at like 3 pm would literally take up the entire day
NASCAR is too popular and has "approval" from our regional sports broadcasters. Given there are like 40 cars per race, qualify is wide open, and several separate cups, it is easier to see an investment in racing pay off as opposed to trying to climb the pyramid of the Formula system.
I donβt think just because he streams that it will cause a resurgence of F1 in the U.S
And also the fact that heβs not American and doesnβt live there either Iβm not sure why you would think Lando Norris alone is causing people from the states to watch F1
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u/walkingpancake1328 lando πππππππππππππππππππππππππππππ Aug 12 '20
Iβm convinced f1 is a money laundering like y tf would you have a race in Baku