No motorsport in the UK until July

No motorsport in the UK until July

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Kraken

1,710 posts

201 months

Sunday 5th April 2020
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TheDeuce said:
In terms of local/club, and other privately funded motorsport events, no reason they can't 'carry on as normal' once lockdown is lifted.
Assuming that the people who pay for their own racing still have the funds when this is all over. From my experience the majority are self employed and, IMO, they are the people hardest hit by all of this.

TheDeuce

21,734 posts

67 months

Sunday 5th April 2020
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Kraken said:
TheDeuce said:
In terms of local/club, and other privately funded motorsport events, no reason they can't 'carry on as normal' once lockdown is lifted.
Assuming that the people who pay for their own racing still have the funds when this is all over. From my experience the majority are self employed and, IMO, they are the people hardest hit by all of this.
That's what I said in the part you cut out when you quoted me??

I am effectively self employed, and of course we do tend to get hit hardest. There is also the case that we'll likely all be crazy busy for 6 months after this is over, for the simple reason jobs still need doing that are currently on hold. But overall, for most of is 2020 and beyond won't be seen as good years. For every potential customer that's postponed a job I can do once the bans are lifted, I'm sure there will be one that can no longer afford it... That has a knock on effect on what I will spend in the next few years and so on so on..

Everything's just gonna crawl along for a few years, much like post 2008 crash.

Kraken

1,710 posts

201 months

Sunday 5th April 2020
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Sorry when you said general public I assumed you were talking about the paying public watching the events rather than the participants in the events. Public seemed a strange way to refer to the competitors but I can see it could be taken both ways now.

Problem is if people can afford to start up again just like that. For small one or two man operations no doubt but for larger (but still small businesses) it's not so easy. They are having to borrow money to pay staff in the hope that the government will follow through on the furlough arrangements at the end of April but all the other concessions are just putting payments off to a future date rather than them going away entirely.

Edited by Kraken on Sunday 5th April 12:23

TheDeuce

21,734 posts

67 months

Sunday 5th April 2020
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Kraken said:
Sorry when you said general public I assumed you were talking about the paying public watching the events rather than the participants in the events. Public seemed a strange way to refer to the competitors but I can see it could be taken both ways now.

Problem is if people can afford to start up again just like that. For small one or two man operations no doubt but for larger (but still small businesses) it's not so easy. They are having to borrow money to pay staff in the hope that the government will follow through on the furlough arrangements at the end of April but all the other concessions are just putting payments off to a future date rather than them going away entirely.

Edited by Kraken on Sunday 5th April 12:23
Quite - and that's why 6 months of inactivity or limited activity will in the end take several years to recover from. With regard to local motorsport, that's bound to see the effects of lower disposable income to an extent.. although people do tend to find the money to maintain their passions even when money is tight.

Great Dane

Original Poster:

2,725 posts

167 months

Sunday 5th April 2020
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https://www.bbc.co.uk/news/business-52158444

A worldwide recession too possibly, worse that one in 30's, could spell the death of IMSA, WEC and ELMS and most of GT3 racing. F1 has looked at the minimum starters for a championship because some teams are struggling big time. Formula E will hit the target as car factories people drop ICE.

And how are restrictions going to be lifted.... little by little, - first education and shools, some businesses, more businesses, restaurants and then maybe only big and public sporting/music/general events with crowds. They will be the last ones and with huge medical security tests before entering, showing of health passes, vaccination certificates - who knows so I don't think we will go back to 'normal' at the flick of a switch.

The car factories will be using this break to ramp up electric car production, which will have further ramifications for employment. Studies in Germany have show that because of the fewer parts in an electric car and easier maintenance plus power distribution via the grid and not via complicated network of filling stations, up to 30% of people working overall in the automotive sector could lose their jobs. Germany has worked hard to phase in the ghange but this crisis will only further speed up the process.

Oil companies are struggling big time during the economic oil war between Saudi Arabia and USA/Russia on the other. Saudi wants to kill the American shale gas/oil production thus getting a bigger future market share. All this plays badly into the general automotive industry

I wonder how the sport will look this time next years. People risk losing businesses, careers whereas I will only lose a passion which has lasted 50 years and to add further insult to injury, in the UK we still have Brexit to look forward to...



Edited by Great Dane on Sunday 5th April 12:55


Edited by Great Dane on Sunday 5th April 13:08

anonymous-user

55 months

Sunday 5th April 2020
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TheDeuce said:
Everything's just gonna crawl along for a few years, much like post 2008 crash.
2008 crash saw the wealthy become much richer as they had the cash to buy up cheaply.

We were busy as hell and the sport boomed like never before.

This is a whole new kettle of fish with industries that are losing income never getting that back.

UK and USA have economies that are 80% service industry, if the money isn't earned, it's gone, forever, you cant stick it in storage and wait for the demand to return like you can with manufacturing.

TheDeuce

21,734 posts

67 months

Sunday 5th April 2020
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jsf said:
TheDeuce said:
Everything's just gonna crawl along for a few years, much like post 2008 crash.
2008 crash saw the wealthy become much richer as they had the cash to buy up cheaply.

We were busy as hell and the sport boomed like never before.

This is a whole new kettle of fish with industries that are losing income never getting that back.

UK and USA have economies that are 80% service industry, if the money isn't earned, it's gone, forever, you cant stick it in storage and wait for the demand to return like you can with manufacturing.
Yea I think it's gonna be far worse. Not all services are affected the same way though. I work in film/TV and so far all the projects I was involved in have been put on hold for obvious reasons, but also for obvious reasons, demand for TV and film will increase - that's just what happens when people can't afford to go on holiday etc. TV is the budget entertainment that even families that would claim they have not a pot to piddle in seem to afford.

Our Industry is expecting a furious rush of work when restrictions are lifted, simply because the world needs it's conveyor belt of TV/film content to be reloaded.

Sadly I also work in events/exhibition for automotive industries, and those events once cancelled, are indeed lost forever. But I guess the point is that whilst some revenue is lost for me, not all and it's survivable. Same for plumbers, sparks, builders etc.

Sadly for F1 and other major motorsport series, I can't see a way to continue as before anytime soon. They've lost all their activity and subsequently income. That's a big deal for a multi billion £ turnover industry. All I can see as a solution is to spread the cost over several years and in order to so, make the costs to take part significantly lower too.

Drumroll

3,773 posts

121 months

Sunday 5th April 2020
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TheDeuce said:
Yea I think it's gonna be far worse. Not all services are affected the same way though. I work in film/TV and so far all the projects I was involved in have been put on hold for obvious reasons, but also for obvious reasons, demand for TV and film will increase - that's just what happens when people can't afford to go on holiday etc. TV is the budget entertainment that even families that would claim they have not a pot to piddle in seem to afford.

Our Industry is expecting a furious rush of work when restrictions are lifted, simply because the world needs it's conveyor belt of TV/film content to be reloaded.

Sadly I also work in events/exhibition for automotive industries, and those events once cancelled, are indeed lost forever. But I guess the point is that whilst some revenue is lost for me, not all and it's survivable. Same for plumbers, sparks, builders etc.

Sadly for F1 and other major motorsport series, I can't see a way to continue as before anytime soon. They've lost all their activity and subsequently income. That's a big deal for a multi billion £ turnover industry. All I can see as a solution is to spread the cost over several years and in order to so, make the costs to take part significantly lower too.
Off topic

I know a couple of people who work in regional TV. There is already talk of looking at staffing levels. They are still managing to put out news programmes etc. using a lot fewer staff than normal. So the question is being asked do we really need all the staff we had before?


coppice

8,624 posts

145 months

Sunday 5th April 2020
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Frankly, when this horror story is over , I will be more than happy to watch a club hill climb or autograss. And if it means that F 1 finally realises that blowing a half a billion quid a year on racing 2 cars for 40 hours in total is absurd ? That would be a good thing ..

ginettajoe

2,106 posts

219 months

Sunday 5th April 2020
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coppice said:
Frankly, when this horror story is over , I will be more than happy to watch a club hill climb or autograss. And if it means that F 1 finally realises that blowing a half a billion quid a year on racing 2 cars for 40 hours in total is absurd ? That would be a good thing ..
..... let's hope so!! Followed by football, boxing, Olympics etc!

aeropilot

34,671 posts

228 months

Sunday 5th April 2020
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coppice said:
Frankly, when this horror story is over , I will be more than happy to watch a club hill climb or autograss. And if it means that F 1 finally realises that blowing a half a billion quid a year on racing 2 cars for 40 hours in total is absurd ? That would be a good thing ..
Indeed.

F1 is time limited anyway with the impending move to no ICE cars by mid next decade. Even before this virus took hold, I would have said F1 had max of 10 years left, maybe not even that, before current Formula E is turned into the 'premier open wheeled racing class'.

Its not beyond a possibility that the coming global post Covid-19 mega recession could last most of this coming decade, and what state F1 will be in when (if?) it returns is a matter of conjecture. Not to mention the impact on global aviation, which F1 also relies upon.

TheDeuce

21,734 posts

67 months

Sunday 5th April 2020
quotequote all
Drumroll said:
Off topic

I know a couple of people who work in regional TV. There is already talk of looking at staffing levels. They are still managing to put out news programmes etc. using a lot fewer staff than normal. So the question is being asked do we really need all the staff we had before?
Off topic, but it's come up so I'll answer as best I can smile

The vast majority of those of us that work for TV and film are freelance, or as in my case operating as a supplier of services via an ltd. There are very few 'employees' in terms of actually making content. In short, the whole industry can scale up or down without any difference in the number employed, technically.

Then there is the news networks, who operate more like a traditional company because their human resource and output requirements are constant. And frankly, for many years now there had been a question mark over whether or not an island such as England needs 'regional' services - in an age in which Twitter has already informed the locals of the latest scandal ahead of the newsreaders make-up being completed. Personally I think the current state of affairs may well be used as a convenient excuse to shut down the regional side of TV, and instead focus on central output. It does make sense in a world in which our major UK network competitors are now thinking not even in terms of country, but in terms of global.

In summary, yes - this will be used by TV and many other sectors as proof that less people are needed, and for once there isn't very much the unions can do to block it. They can't complain if people are sent home due to a government order - and they also can't justify their members requirement if it turns out the operation continues on track without them.

I think we've entered the era of the reality check due to CV. What do you really need? What do you really do?

Edited by TheDeuce on Sunday 5th April 22:27