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If you have so many cars competing, it's normal to drive M5 or Aston, even with 5% profit, you'll be able to afford it. Same with hospitality units when they're required by the sponsors. What's not normal is what Peat said about technology.
Every other technological industry has the prices of its products falling down, only motorsport has the costs rising!? It's absolutely idiotic situation because the end losers aren't the fans or the drivers, it's the companies since they actually miss on the huge chance to become mass producers and earn truly huge profits. If you want to become rich in any industry, you must mass produce! Bill Gates didn't become super rich by selling Windows to a bunch of rich universities, right?
Take a look at the FR2.0, what has changed since the 2000 model? A simple gear changing mechanism and they introduced carbon bodywork(to save a couple of kilos). And what has happened with the costs? It has risen a lot. Nobody has invested in mass producing the car.
It's the same with F3 and in fact if you want up to GP2. Karting is of course the worst by faaaar. A kart is using the tubing for 3 bicycles yet it costs like 30! Most people use karts for fun, so is there adequate product for them? No. They try to sell them the world championship winning chassis!
Change of mentality is needed to escape from this super small niche market.
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