F1 returning to Paul Ricard, alternating with Spa
Discussion
djstevec said:
Eric Mc said:
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.
I think you'll find my own post provides the answer already.If you know the answer, why don't you just say it.
Eric Mc said:
djstevec said:
Eric Mc said:
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.
I think you'll find my own post provides the answer already.If you know the answer, why don't you just say it.
I would imagine building the thing would be the biggest cost?
Eric Mc said:
djstevec said:
Eric Mc said:
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.
I think you'll find my own post provides the answer already.If you know the answer, why don't you just say it.
Paul Ricard can apparently create 167 different circuit layouts so I wonder what one they wil use for the race, or will Mr Tilke be let loose to make yet another circuit change.
PDF of the circuit layouts here - http://www.circuitpaulricard.com/views/public/pdf/...
Circuit layout 1A-V2 is my preferred by very unlikely layout.
PDF of the circuit layouts here - http://www.circuitpaulricard.com/views/public/pdf/...
Circuit layout 1A-V2 is my preferred by very unlikely layout.
FourWheelDrift said:
Paul Ricard can apparently create 167 different circuit layouts so I wonder what one they wil use for the race, or will Mr Tilke be let loose to make yet another circuit change.
PDF of the circuit layouts here - http://www.circuitpaulricard.com/views/public/pdf/...
Yeah I kinda got bored after about layout 8 with one corner different to the one before.PDF of the circuit layouts here - http://www.circuitpaulricard.com/views/public/pdf/...
Will Bernie be let loose with the sprinkler switch tho!
Wills2 said:
Eric Mc said:
djstevec said:
Eric Mc said:
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.
I think you'll find my own post provides the answer already.If you know the answer, why don't you just say it.
I would imagine building the thing would be the biggest cost?
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.
Eric Mc said:
Wills2 said:
Eric Mc said:
djstevec said:
Eric Mc said:
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.
I think you'll find my own post provides the answer already.If you know the answer, why don't you just say it.
I would imagine building the thing would be the biggest cost?
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.
"All in all it boils down to BE to reduce race fees,"
Eric Mc said:
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.
And (shocker) I agree with you, BUT if this Spa/Ricard deal keeps Spa on a bi-annual basis over no Spa GP at all, then Im as happy as the situation allows.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.
Eric Mc said:
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.
I would prefer it too...Valencia probably isn't going to be around much longer anyway....but Valencia for PR would still mean no Spa at all...that's the whole point.I'd prefer one of the nonentity tracks to be dropped to make way for Paul Ricard.
Mark_Karting said:
Bernie Ecclestone has confirmed to L’Équipe that the French Grand Prix will be returning to Formula 1 from 2013 onwards. The race, to be staged at Paul Ricard for the first time since 1990, will be alternating with the Belgian Grand Prix at Spa.
http://www.gpupdate.net/en/f1-news/277769/ecclesto...
What a bummer , Spa is The circuit as far as i am concerned die ecclestone die http://www.gpupdate.net/en/f1-news/277769/ecclesto...
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