OK, you obviously need to be led by the hand on this issue. Name the single most expensive element of a GP venue's costs.

Sorry, the conversation is now too dumb for words so I'll let you do some research on the subject and perhaps I might re-engage when you post evidence that you know what you are talking about.

Then why are you acting as Mr Stupid then?

If you know the answer, why don't you just say it.

Because you clearly hadn't read my post before asking me a stupid question. As Bernie say, "What a silly question, I'll give you a silly answer"

Yeah I kinda got bored after about layout 8 with one corner different to the one before.

Will Bernie be let loose with the sprinkler switch tho!

Aha - a sensible person at last.

Spa, as a racing circuit, was "built" almost 80 years ago and has had capital expenditure incurred on various changes over its long life. Capital expenditure is never looked on as a simple cost and is instead amortised over the expected useful life of the capital items purchased. Therefore, capital costs are "depreciated" over time and it is these annual depreciation costs which are offset against annual income - not the full capital costs.

The single biggest expense item which is outside the control of any circuit is the fee CVC choses to charge the venue.

So, when Bernie claims that a circuit canot afford to host a race, that is due to decisions HE has made as to how much he is going to charge them for the privilege of hosting that race.
THAT is the reason why we are seeing a shift to countries where the state is prepared to pay CVC's costs.
And why does CVC need to charge so much? Because it was funded by a reckless loan arrangement which they are struggling to satisfy and have been hovering on the verge of bankruptcy gfor a number of years.
The recent anouncement that F1 was being "floated" is an attempt by CVC to escape from the onerous finacial obligations they are struggling to meet.

That would be nice
Sadly, he's trapped by CVC's desparate need to increase its income. If it doesn't, the whole pack of cards comes crashing down.

It's the best of a bad situation - that's all.

I'd prefer one of the nonentity tracks to be dropped to make way for Paul Ricard.

Well, at least Bernie isn't going to be constantly moaning about the circuit and dissing the owners since he owns the circuit.
Not that this is a conflict of interest or anything.

Yes. He also or rather his wife owned all the refreshment licences at Spa as well.
Pretty track mind with all those lines