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The sport doesn’t exist because of the fans. It exists because of the competitors wanting to do it. Two people with a car, let’s race. That is the desire the reason. The doing it in front of others is then the bit that puts these people in the position they are.
Lots of people watch it, there are fans, that is why directly, or indirectly, it is big and employees lots of people and some of these people have made a lot of money. Although some, of course, do lose a lot - “how to make millions in Motorsport…”. Those that lose are coming from the stock that made the sport exist.
Being extremely popular does make it big bucks. Whether that is because people want to be involved to get eyes on their product, or just to be associated with it. Even the companies that are there just to be associated and aren’t selling directly to the great unwashed are there because it is big. That is opportunity, profile and the reason.
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