F1 cancelled this year?
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The press release for the Spanish GP implied they weren't getting paid by Liberty to host the race, just that the organisers weren't having to pay Liberty.
I couldn't find anything to say that Liberty were paying, other than on this thread. Has anyone seen anything about how much Liberty are paying, if they are?
I couldn't find anything to say that Liberty were paying, other than on this thread. Has anyone seen anything about how much Liberty are paying, if they are?
C Lee Farquar said:
The press release for the Spanish GP implied they weren't getting paid by Liberty to host the race, just that the organisers weren't having to pay Liberty.
I couldn't find anything to say that Liberty were paying, other than on this thread. Has anyone seen anything about how much Liberty are paying, if they are?
Who else will pay...?I couldn't find anything to say that Liberty were paying, other than on this thread. Has anyone seen anything about how much Liberty are paying, if they are?
The details will not be made public and are no doubt the subject of none disclosure - because liberty won't want each circuit knowing what they've paid each other circuit.
Anyway, it's a bigger loss to liberty for each circuit that says no than it is to the circuit. Of course they'll pay.
Edited by TheDeuce on Tuesday 23 June 19:49
TheDeuce said:
Who else will pay...?
The details will not be made public and are no doubt the subject of none disclosure - because liberty won't want each circuit knowing what they've paid each other circuit.
Anyway, it's a bigger loss to liberty for each circuit that says no than it is to the circuit. Of course they'll pay.
All of which you've made up. I agree with your logic, but:The details will not be made public and are no doubt the subject of none disclosure - because liberty won't want each circuit knowing what they've paid each other circuit.
Anyway, it's a bigger loss to liberty for each circuit that says no than it is to the circuit. Of course they'll pay.
Edited by TheDeuce on Tuesday 23 June 19:49
"One of the conditions we put to Liberty Media is to not pay the fee, because we will not have revenue from the ticket office or the economic impact in the region," circuit boss Joan Fontsere told EFE news agency.
So if there were a non disclosure agreement, Fontsere has broken it.
I haven't read anything about the arrangements with the other circuits, I just wondered if anyone else had?
Conceivably some of the contracts could leave the circuits liable for some payments even if the GP doesn't go ahead. I wouldn't be surprised with the Bernie era contracts.
I don't see how Liberty could get away without paying for a second GP at a venue though.
Deesee said:
Canada to be confirmed in next few days, in the Japan GP spot, weather could be interesting...
Do Pirelli make an F1 winter tyre?I was there a few years ago when there was a big snow storm in late September, with six inches of snow on the ground. That's not the norm, but hosting a race in October is pushing their luck.
thegreenhell said:
Deesee said:
Canada to be confirmed in next few days, in the Japan GP spot, weather could be interesting...
Do Pirelli make an F1 winter tyre?I was there a few years ago when there was a big snow storm in late September, with six inches of snow on the ground. That's not the norm, but hosting a race in October is pushing their luck.
C Lee Farquar said:
All of which you've made up. I agree with your logic, but:
"One of the conditions we put to Liberty Media is to not pay the fee, because we will not have revenue from the ticket office or the economic impact in the region," circuit boss Joan Fontsere told EFE news agency.
So if there were a non disclosure agreement, Fontsere has broken it.
I haven't read anything about the arrangements with the other circuits, I just wondered if anyone else had?
Conceivably some of the contracts could leave the circuits liable for some payments even if the GP doesn't go ahead. I wouldn't be surprised with the Bernie era contracts.
I don't see how Liberty could get away without paying for a second GP at a venue though.
I haven't made anything up. It has been mentioned a few times, albeit mostly indirectly in various articles."One of the conditions we put to Liberty Media is to not pay the fee, because we will not have revenue from the ticket office or the economic impact in the region," circuit boss Joan Fontsere told EFE news agency.
So if there were a non disclosure agreement, Fontsere has broken it.
I haven't read anything about the arrangements with the other circuits, I just wondered if anyone else had?
Conceivably some of the contracts could leave the circuits liable for some payments even if the GP doesn't go ahead. I wouldn't be surprised with the Bernie era contracts.
I don't see how Liberty could get away without paying for a second GP at a venue though.
Who can know what agreements are in place? But I do know it's standard practice for circuit fee negotiations to be kept quiet, officially at least. That's not to say figures aren't frequently leaked if a circuit thinks it's being ripped off.
Are you saying you won't accept what is obvious simply because you haven't read it in the media? All fontsere have done is state that they won't pay liberty a fee as they won't get any ticket money. Saying what they won't do isn't the same as revealing what liberty WILL do.
Deesee said:
thegreenhell said:
Deesee said:
Canada to be confirmed in next few days, in the Japan GP spot, weather could be interesting...
Do Pirelli make an F1 winter tyre?I was there a few years ago when there was a big snow storm in late September, with six inches of snow on the ground. That's not the norm, but hosting a race in October is pushing their luck.
Leithen said:
Deesee said:
thegreenhell said:
Deesee said:
Canada to be confirmed in next few days, in the Japan GP spot, weather could be interesting...
Do Pirelli make an F1 winter tyre?I was there a few years ago when there was a big snow storm in late September, with six inches of snow on the ground. That's not the norm, but hosting a race in October is pushing their luck.
Leithen said:
Deesee said:
thegreenhell said:
Deesee said:
Canada to be confirmed in next few days, in the Japan GP spot, weather could be interesting...
Do Pirelli make an F1 winter tyre?I was there a few years ago when there was a big snow storm in late September, with six inches of snow on the ground. That's not the norm, but hosting a race in October is pushing their luck.
thegreenhell said:
Leithen said:
Deesee said:
thegreenhell said:
Deesee said:
Canada to be confirmed in next few days, in the Japan GP spot, weather could be interesting...
Do Pirelli make an F1 winter tyre?I was there a few years ago when there was a big snow storm in late September, with six inches of snow on the ground. That's not the norm, but hosting a race in October is pushing their luck.
C Lee Farquar said:
The press release for the Spanish GP implied they weren't getting paid by Liberty to host the race, just that the organisers weren't having to pay Liberty.
I couldn't find anything to say that Liberty were paying, other than on this thread. Has anyone seen anything about how much Liberty are paying, if they are?
In usual circumstances, the only sources of revenue available to the circuit are ticket sales and F&B, and they have to pay F1 a hosting fee and stage the event. Media rights, circuit advertising revenue, merchandise sales and the Paddock Club all go to F1. I couldn't find anything to say that Liberty were paying, other than on this thread. Has anyone seen anything about how much Liberty are paying, if they are?
In unnusual circumstances such as this year, no circuit can afford to host an event without a crowd. The only way events can take place is if F1 rent the circuit and pay the staging costs. They’ve got a billion reasons to do this, as they need to get the season off in order to collect their media and advertising rights money.
It’s unlikely we’ll see numbers, but at a permenant track like Silverstone or Barcelona it probably costs a couple of million to put on the event - although it’s obviously cheaper without needing to accommodate a crowd. Temporary tracks are more expensive, as they’ll need to rent equipment and construct barriers etc. ‘Park’ circuits like Australia and Canada fall into this category. Street circuits are a definite no-go as being both prohibitively expensive to stage and impossible to keep crowds away, so no races at Singapore, Monaco or Baku this year.
shirt said:
Can any of the circuits confirmed/mooted for double headers run in reverse? We were discussing whether yas could and reckon only the main straight would pose a problem but then there’s a configurable kink that could be used to drop the speed ahead of the hairpin.
Most circuits can't run in the opposite direction. Mainly as safety barriers are designed for one way operation. (They way they interlink) Also pit lane exits and entrances are designed for that configeration. Drumroll said:
shirt said:
Can any of the circuits confirmed/mooted for double headers run in reverse? We were discussing whether yas could and reckon only the main straight would pose a problem but then there’s a configurable kink that could be used to drop the speed ahead of the hairpin.
Most circuits can't run in the opposite direction. Mainly as safety barriers are designed for one way operation. (They way they interlink) Also pit lane exits and entrances are designed for that configeration. Uncle Joe Saward says Mugello and Portimao at 5 minutes in:
https://www.youtube.com/watch?reload=9&v=uoGK4...
https://www.youtube.com/watch?reload=9&v=uoGK4...
Drumroll said:
shirt said:
Can any of the circuits confirmed/mooted for double headers run in reverse? We were discussing whether yas could and reckon only the main straight would pose a problem but then there’s a configurable kink that could be used to drop the speed ahead of the hairpin.
Most circuits can't run in the opposite direction. Mainly as safety barriers are designed for one way operation. (They way they interlink) Also pit lane exits and entrances are designed for that configeration. thegreenhell said:
And run off areas are in the wrong place, and marshall posts and circuit access points are facing the wrong way.
I read an article that looked into this, only Paul Ricard and COTA looked do-able purely from a run-off/safety perspective, but as you've mentioned the re-configuration of the circuit furniture and everything else would be a huge job anyway.I wasn't aware that it had been discussed in the media, only now that I googled I saw LeClerc's comments etc.
Yeah I'm aware of the run-off issue. I do think Yas could run reverse with some modification to the current turn 1 and using the corkscrew instead of the hairpin to enable a long run-off from the straight and reduce speed into the pit entry. Pit exit would also need to be adjusted, but marshal posts, pitlane layout etc. would all be valid. Yas created the rallycross link for an event noone watched or attended, money isn't an issue if the spectacle is there.
From the payment perspective, circuits that are run as commercial entities will not be interested in paying to host a single race if there is no revenue, let alone 2. Those run as government owned PR machines may well be interested, in the hope it drives tourism or trade post Covid. I can see why Turkey is being discussed in this regard.
Yeah I'm aware of the run-off issue. I do think Yas could run reverse with some modification to the current turn 1 and using the corkscrew instead of the hairpin to enable a long run-off from the straight and reduce speed into the pit entry. Pit exit would also need to be adjusted, but marshal posts, pitlane layout etc. would all be valid. Yas created the rallycross link for an event noone watched or attended, money isn't an issue if the spectacle is there.
From the payment perspective, circuits that are run as commercial entities will not be interested in paying to host a single race if there is no revenue, let alone 2. Those run as government owned PR machines may well be interested, in the hope it drives tourism or trade post Covid. I can see why Turkey is being discussed in this regard.
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