Liberty changes relationships and possibly the CEO
Discussion
Eric Mc said:
jbudgie said:
gadgetmac said:
Sit back and watch as the whole F1 show becomes America centric over the next decade. Corey was talking about F1 in terms of the Super Bowl event earlier today and I feel I can confidently predict the USA will have more than 1 F1 race each year very shortly, possibly even as many as 3 as Liberty go big for the US market.
This could truly turn into a case of 'the devil you don't know'.
I don't mind USA having three if it gets rid of some of the crap ones we have now.This could truly turn into a case of 'the devil you don't know'.
Jerry Can said:
for me F1 would be perfect if it was no longer necessary for any driver to have to pay for a ride in it. If you had that as your goal I think you'd have it licked.
Define a "pay driver"?Does bringing a supportive sponsor count?
Schumacher brought huge value in sponsorship to Ferrari.
It's more complex these days. Aside from Stroll, are there any pay drivers in 2017? Most are there on merit as well as sponsorship support.
Vaud said:
Define a "pay driver"?
Does bringing a supportive sponsor count?
Schumacher brought huge value in sponsorship to Ferrari.
It's more complex these days. Aside from Stroll, are there any pay drivers in 2017? Most are there on merit as well as sponsorship support.
any driver that brings money for any reason.Does bringing a supportive sponsor count?
Schumacher brought huge value in sponsorship to Ferrari.
It's more complex these days. Aside from Stroll, are there any pay drivers in 2017? Most are there on merit as well as sponsorship support.
Plenty of pay drivers for 2017, M Ericsson, Stroll, Nasr, plus those sponsored by Merc, Werhlein?
However the point is, if the teams are funded well enough via tv/prize money that they can pick the best drivers on merit, then the sport would have to be in good health and meeting many of its objectives - financial redistribution, big tv figures, exciting racing.
Will the EU kick up a fuss about this one? http://blackflag.jalopnik.com/fia-approves-sale-of...
Under the agreement reached the FIA are supposed to hold no financial stake in F1, they just made $72 million profit from the sale.
Under the agreement reached the FIA are supposed to hold no financial stake in F1, they just made $72 million profit from the sale.
F1 global audience has fallen -25% in the past 7 years. The racing danger has been sucked out by health and safety. Drivers are nerdy corporate robots. Cars are just adverts on wheels going round in circles for an hour. Good old circuits are being replaced by soulless new ones. Expect a rush of Americanisation, including (but not limited to) more adverts, endless tweets, and a big push to pay-per-view through Netflix or something like that. Wouldn't be a surprise to see Tesla joining F1 at some point.
Bernie is probably sulking right now, but he is well shot of F1. Its best days are done.
Bernie is probably sulking right now, but he is well shot of F1. Its best days are done.
londonbabe said:
I've always thought that what F1 needs is to shift the balance from aero grip to mechanical grip, so that drivers have to slow down more for corners and work bloody hard to get round them. If it were me I would ban wings (and winglets) completely, and force teams to make the body of the car do all the work. Add some decent tyres so that drivers can wring the car's neck, and make them thinner so that a driver cannot effectively block the whole track. Remove all the DRS and Kers and all that artificial crap.
Then really promote the races. Nascar is an all day party. F1 should be similar.
Add skirts to the sides of the car too?Then really promote the races. Nascar is an all day party. F1 should be similar.
NASCAR is facing declining gates, all day party or not.
Yipper said:
F1 global audience has fallen -25% in the past 7 years. The racing danger has been sucked out by health and safety. Drivers are nerdy corporate robots. Cars are just adverts on wheels going round in circles for an hour. Good old circuits are being replaced by soulless new ones. Expect a rush of Americanisation, including (but not limited to) more adverts, endless tweets, and a big push to pay-per-view through Netflix or something like that. Wouldn't be a surprise to see Tesla joining F1 at some point.
Bernie is probably sulking right now, but he is well shot of F1. Its best days are done.
Why would Tesla join F1 and not Formula E?Bernie is probably sulking right now, but he is well shot of F1. Its best days are done.
We already have pay per view. It's called 'Sky'
Vaud said:
Define a "pay driver"?
Does bringing a supportive sponsor count?
Schumacher brought huge value in sponsorship to Ferrari.
It's more complex these days. Aside from Stroll, are there any pay drivers in 2017? Most are there on merit as well as sponsorship support.
Even Fangio started as a pay driver. Does bringing a supportive sponsor count?
Schumacher brought huge value in sponsorship to Ferrari.
It's more complex these days. Aside from Stroll, are there any pay drivers in 2017? Most are there on merit as well as sponsorship support.
Does anyone honestly believe that Liberty Media will subsidise the older circuits or under performing teams?
They have an $8 billion investment to service, far greater than CVCs. They need to take out over a million dollars a day for a 5% return before repaying any capital. I think Bernie's drawings are going to look like petty cash payments.
Perhaps Robin Hood has a improbable moustache, it'll be interesting to see what happens.
They have an $8 billion investment to service, far greater than CVCs. They need to take out over a million dollars a day for a 5% return before repaying any capital. I think Bernie's drawings are going to look like petty cash payments.
Perhaps Robin Hood has a improbable moustache, it'll be interesting to see what happens.
He should have gone in 1997. At that time it was strongly rumoured he was going to get out and sell the whole thing.
At that time F1 was probably at its peak regarding overall interest amongst the general public and it would have been eminently "sellable".
However, at that moment, Bernie chickened out because he realised the route he was pursuing (looking for a listing on the London Stock Exchange) would require an openness and transparency in his business dealings that he just couldn't countenance.
The moment was missed and the whole thing has been on a gradual slide since that moment.
Can it be saved?
I'm not sure.
But Bernie had to go and that has now happened. It may be too late though.
At that time F1 was probably at its peak regarding overall interest amongst the general public and it would have been eminently "sellable".
However, at that moment, Bernie chickened out because he realised the route he was pursuing (looking for a listing on the London Stock Exchange) would require an openness and transparency in his business dealings that he just couldn't countenance.
The moment was missed and the whole thing has been on a gradual slide since that moment.
Can it be saved?
I'm not sure.
But Bernie had to go and that has now happened. It may be too late though.
C Lee Farquar said:
Does anyone honestly believe that Liberty Media will subsidise the older circuits or under performing teams?
They have an $8 billion investment to service, far greater than CVCs. They need to take out over a million dollars a day for a 5% return before repaying any capital. I think Bernie's drawings are going to look like petty cash payments.
Perhaps Robin Hood has a improbable moustache, it'll be interesting to see what happens.
More to the point is whether they will try and milk the circuits and put obstructions in the way of teams trying to compete. They have an $8 billion investment to service, far greater than CVCs. They need to take out over a million dollars a day for a 5% return before repaying any capital. I think Bernie's drawings are going to look like petty cash payments.
Perhaps Robin Hood has a improbable moustache, it'll be interesting to see what happens.
Liberty need teams. The organisation of motorsport means that there is little in the way of a step ladder in the same way F2 used to be. Or, come to that, other forumulae. It is almost as if the organisers didn't want competition, but that is obviously silly.
Liberty will have to encourage new teams to come forward, one might say step up to the plate I suppose. They will have less money to spend so there might well be more concentration on distribution. If it wants to service its fan base it will need to drop the charges for European circuits to hold the GPs or, perhaps, allow them other revenue streams.
F1 kicked away the ladder for lesser formula teams to move up to F1 many years ago. It was almost like they wanted to portray themselves as something disconnected with the wider world of motor sport.
Well, they have succeeded very well in that - and as a consequence have cut off the umbilical chord that could have sustained them.
Well, they have succeeded very well in that - and as a consequence have cut off the umbilical chord that could have sustained them.
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