United States Grand Prix - Formula One (F1) - Austin

[Slowhand]

losing not loosing

Oh shit, I had no clue!

[Darren M]

Best in terms of

my personal race experience. I went to many 500's and a few 400's, including the inaugural, while I lived in Indy. They were great! But nothing compared to the racing, people, over all enjoyment of the event than the F1 races. The only one that sucked was the Michelin debacle. (What a cluster that was!) As is natural, you see it as a business. That's your thing, your job (right?). As is also natural, I see it as an event to experience and enjoy. Both have different, and sometimes opposite, degrees of success.

[Snatch Napkin]

my personal race experience. I went to many 500's and a few 400's, including the inaugural, while I lived in Indy. They were great! But nothing compared to the racing, people, over all enjoyment of the event than the F1 races. The only one that sucked was the Michelin debacle. (What a cluster that was!) As is natural, you see it as a business. That's your thing, your job (right?). As is also natural, I see it as an event to experience and enjoy. Both have different, and sometimes opposite, degrees of success.

The people who own the event have to make money in order for us to enjoy it. Business always dictates the pleasure.

[Grape]

it sucks, but nobody really cares how much fun, you the paying fan have, as long as you keep paying.

[momo]

nobody will build or promote an F1 race in america because they loose a shit ton of money. The Tv deal for nascar pays back the tracks almost even what the event sanction fee from nascar charges for the event. Speedvision gets payed to air F1 because they can sell no sponsorship, same with indycar and versus.

I doubt any US F1 race will bear that singular big name sponsor (like santander or petronas) for the actual event unless they have a huge international presence, but why wouldnt they be able to land a TV deal? the US tv deal would suck obviously, but they would have every other market internationally to sell to right?

[Grape]

I doubt any US F1 race will bear that singular big name sponsor (like santander or petronas) for the actual event unless they have a huge international presence, but why wouldnt they be able to land a TV deal? the US tv deal would suck obviously, but they would have every other market internationally to sell to right?

TV deals are multi-year for the whole season, formula 1, indycar, and nascar truck PAY to be on tv. cup and busch venues get paid, just like college football. A cup race is to the tune of about $7million worth of tv money per event. Then you have title race sponsors, associate sponsors, season ticket holders, walk up ticket buyers, motorhome camping, and all the concessions and merchandise sales, along with a percentage of gross of your midway space rentals.

F1 just doesn't have the fan base in the US to create the cash like a taxi cab race.

[Rick Modena]

F1 just doesn't have the fan base in the US to create the cash like a taxi cab race.

lmao! Sad but true...

[Darren M]

it sucks, but nobody really cares how much fun, you the paying fan have, as long as you keep paying.

Oh, I get it that it has to be profitable. I just can't do a damn thing about that part.

[RWhite]

Saw this earlier....

"Why Austin's Formula 1 failed: Tavo Hellmund, Bernie Ecclestone and the clash of super-rich, super-size egos"

http://houston.culturemap.com/newsdetail/11-19-11-23-29-why-formula-1-failed-tavo-hellmund-bernie-ecclestone-and-the-clash-of-super-rich-egos-houston/

[momo]

Saw this earlier....

"Why Austin's Formula 1 failed: Tavo Hellmund, Bernie Ecclestone and the clash of super-rich, super-size egos"

http://houston.culturemap.com/newsde...-egos-houston/

what a bloody mess.

[Slowhand]

TV deals are multi-year for the whole season, formula 1, indycar, and nascar truck PAY to be on tv. cup and busch venues get paid, just like college football. A cup race is to the tune of about $7million worth of tv money per event. Then you have title race sponsors, associate sponsors, season ticket holders, walk up ticket buyers, motorhome camping, and all the concessions and merchandise sales, along with a percentage of gross of your midway space rentals.

F1 just doesn't have the fan base in the US to create the cash like a taxi cab race.

That doesn't address the point he raised in any way, shape, or form. Yes, that's true for the US, but it's not true for the global television market; the BBC pays $75 million a year for the rights to F1 broadcasts.

[txsr20de]

Bummer, I was looking forward to it.

[Darren M]

Damn, ANOTHER blemish on US based F1 races...... This sucks big hairy dingleberry balls! Hopefully the New York event will come to fruition. I was REALLY looking forward to running on a new, VERY HIGH brow track in Texas at some point in the future..... (Was praying CHUMP or Lemons would use the track.)

[racrguy]

Bummer, I was looking forward to it.

This, plus V8 supercars, AND MotoGP.

[suckerdin]