Valencia GP to return
Discussion
There's a piece by Joe Saward about Valencia's marina being redeveloped. To summarise; this may bring a new high paying Grand Prix in Europe to the calendar, with Germany and Italy in doubt it would be a venue to help keep the European races up to the required 50%. He suggests it may be billed the Mediterranean Grand Prix.
For the full article - https://joesaward.wordpress.com/2015/04/23/revivin...
For the full article - https://joesaward.wordpress.com/2015/04/23/revivin...
Vocal Minority said:
To be honest my interest in the sport has waned considerably over the last 5 years or so. If Monza goes, I will probably lose the rest on principal.
Same here. I'm loosing my interest in F1. I totally forgot that it was on last week! No social media presence - it's the biggest mistake Bernie has ever made. We're all getting used to social engagement from sports. Getting closer to the sport, insights etc - Then you have F1 which is still as distant as it has ever been. Valencia - the WORST venue in modern F1 history. Apart from that shot of the girls in the pool they used every year
It will need a heck of a lot of work. It's basically been abandoned since they lost the race.
http://www.carthrottle.com/post/meet-the-abandoned...
http://www.carthrottle.com/post/meet-the-abandoned...
It was meant to be Monte Carlo Mk2, also allowing Bernie to drive up the race fee of Monaco, but it didn't work out. It was also meant to cash in on Alonso's popularity in spain.
It didn't work out and recession in spain really hurt it.
I doubt F1 will be back.
Bernie has a problem though, he has to have 10 races a year or 50% in europe contract with the teams. I think the tracks will play hard ball, like Monza knowing this.
It didn't work out and recession in spain really hurt it.
I doubt F1 will be back.
Bernie has a problem though, he has to have 10 races a year or 50% in europe contract with the teams. I think the tracks will play hard ball, like Monza knowing this.
To quote Joe:
The Singapore-based ARC Resorts has announced plans to build a six-star hotel, casino, golf course and a museum for glass artists in the marina area of Valencia. The project would also include a second hotel and a number of luxury homes. The area was revamped in 2003 in preparation for the America’s Cup yacht races in 2007. The work included a metro line to the city and the local airport. After the America’s Cup teams departed Formula 1 moved into Valencia but the local government did not have the money to keep the European Grand Prix going. ARC Resorts says that it would be willing to invest $600 million to revive the Grand Prix, arguing that the investment would pay off if they were allowed to build the new complex, which they say would be “the best urban resort in Europe”
The Singapore-based ARC Resorts has announced plans to build a six-star hotel, casino, golf course and a museum for glass artists in the marina area of Valencia. The project would also include a second hotel and a number of luxury homes. The area was revamped in 2003 in preparation for the America’s Cup yacht races in 2007. The work included a metro line to the city and the local airport. After the America’s Cup teams departed Formula 1 moved into Valencia but the local government did not have the money to keep the European Grand Prix going. ARC Resorts says that it would be willing to invest $600 million to revive the Grand Prix, arguing that the investment would pay off if they were allowed to build the new complex, which they say would be “the best urban resort in Europe”
Eric Mc said:
Swapping Valencia for Monza is not terribly inspiring.
I couldn't agree more. I always thought the Valencia race was utterly tedious. and the circuit completley uninspiring - billed as a glamorous waterfront street circuit, it looked on TV more like a circuit around the streets of an industrial estate.It was one of the s
ttest races ever. If memory serves it was all twisty corners followed by long straights so the cars ended up strung out with seconds between the after only a few laps?
A travesty if Monza goes. I don't know, I feel like F1 is missing a trick in terms of revenue streams. They should be doing a lot more to engage and use social media as someone said, and I'm sure that there must be more effective revenue streams than just tapping Asian/Arabic circuits for race fees? I don't know what but that's what analysts and consultants are for I suppose. F1 out of Europe is just wrong.
ttest races ever. If memory serves it was all twisty corners followed by long straights so the cars ended up strung out with seconds between the after only a few laps?A travesty if Monza goes. I don't know, I feel like F1 is missing a trick in terms of revenue streams. They should be doing a lot more to engage and use social media as someone said, and I'm sure that there must be more effective revenue streams than just tapping Asian/Arabic circuits for race fees? I don't know what but that's what analysts and consultants are for I suppose. F1 out of Europe is just wrong.
revrange said:
It was meant to be Monte Carlo Mk2, also allowing Bernie to drive up the race fee of Monaco, but it didn't work out. It was also meant to cash in on Alonso's popularity in spain.
It didn't work out and recession in spain really hurt it.
I doubt F1 will be back.
Bernie has a problem though, he has to have 10 races a year or 50% in europe contract with the teams. I think the tracks will play hard ball, like Monza knowing this.
FYI - Monaco doesn't pay any race fee. Yep you heard me right. They pay nothing to host the GP as it's viewed as the jewel in the F1 crown. It didn't work out and recession in spain really hurt it.
I doubt F1 will be back.
Bernie has a problem though, he has to have 10 races a year or 50% in europe contract with the teams. I think the tracks will play hard ball, like Monza knowing this.
Every other venue pays an average of $35million to host an F1 circuit !
revrange said:
It was meant to be Monte Carlo Mk2, also allowing Bernie to drive up the race fee of Monaco, but it didn't work out. It was also meant to cash in on Alonso's popularity in spain.
It didn't work out and recession in spain really hurt it.
I doubt F1 will be back.
Bernie has a problem though, he has to have 10 races a year or 50% in europe contract with the teams. I think the tracks will play hard ball, like Monza knowing this.
monaco works because it's monaco; it already has the pizzazz, and success is self relishing. The valencian GP circuit is a tribute to failed speculative flawed visions. I doubt there's anyone with the quantity of cold hard cash bernie requires to get the GP back there, as anyone in the private sector wouldn't by definition by so stupid and the local/national economy is too broke for the government to consider frittering such amounts away.It didn't work out and recession in spain really hurt it.
I doubt F1 will be back.
Bernie has a problem though, he has to have 10 races a year or 50% in europe contract with the teams. I think the tracks will play hard ball, like Monza knowing this.
The story behind this is probably nothing more than an investment company trying to drum up some interest.
Europa1 said:
Eric Mc said:
Swapping Valencia for Monza is not terribly inspiring.
I couldn't agree more. I always thought the Valencia race was utterly tedious. and the circuit completley uninspiring - billed as a glamorous waterfront street circuit, it looked on TV more like a circuit around the streets of an industrial estate.Gassing Station | Formula 1 | Top of Page | What's New | My Stuff