Future Grands Prix?

[Teretonga]

Originally Posted by 321Go

Bernie wants to drop Monza from the calendar.

Bernie Ecclestone: "It's not good. I don't think we'll do another contract, as the old one has been disastrous for us from a commercial point of view.

"So it's bye-bye after 2016."

This is Bernie's standard way of negotiating. "Its hopeless, so we will part ways with XYZ GP".
Then he has people fawning over him and they pipe to his tune and play his game.
Do we want Monza?
Do we need Monza?
Is Luca putting forward a change to Mugello which Ferrari own? (BE had a go at Ferrari's performance during the conversation).
Or does he have a mega money client lined up elsewhere?

Imola also would like another go at it.

Do we want Italians to make him an offer he can't refuse?
Or should it all just fall over and we can start again with a new structure? One without CVC owning everything and taking most of the profit home?
I'm not sure I want all this to continue nor do I want to see the Italians ripped off blindly just to satisfy other enthusiasts from other nations.

[Oldtony]

Originally Posted by Teretonga

Do we want Italians to make him an offer he can't refuse?

I would suggest that such an offer should come from a certain Sicilian Group, possibly accompanied by a horses head rather than a prancing one.

[Mike Harte]

Originally Posted by Teretonga

This is Bernie's standard way of negotiating...........

................One without CVC owning everything and taking most of the profit home?
I'm not sure I want all this to continue nor do I want to see the Italians ripped off blindly just to satisfy other enthusiasts from other nations.

No argument from me on most of what you asy. However, I do believe that you will now find that the teams between them currently receive/share in excess of 60% of the net profits from the Ecclestone/CVC empire, with the balance shared with the FIA.

As regards the plethora of new and future Grand Prix hosts, the vast majority are not even promoted by even enthusiasts; they tend to be people with local influence who want to establish a vanity project in their locality so as to attract the "beautiful" people and all the associated "bling". If snail racing could emulate a Grand Prix weekend, then they would go for that just as much as a Formula 1 race.

[chillibowl]

Originally Posted by Oldtony

I would suggest that such an offer should come from a certain Sicilian Group, possibly accompanied by a horses head rather than a prancing one.

[chillibowl]

Originally Posted by Mike Harte

As regards the plethora of new and future Grand Prix hosts, the vast majority are not even promoted by even enthusiasts; they tend to be people with local influence who want to establish a vanity project in their locality so as to attract the "beautiful" people and all the associated "bling". If snail racing could emulate a Grand Prix weekend, then they would go for that just as much as a Formula 1 race.

i would imagine they also do it for the very healthy salary/commission they get from securing the race and the sizable gov't subsidy that comes along with it.

[bjohnsonsmith]

Not strictly about future Grand Prix but more to do with the future of Grand Prixs in general, this is an interesting article and I find the second paragraph quite telling, in that I think it gives a very good insight into's Bernie's mind set.

"Ecclestone has dismissed the need for F1 to officially embrace the millions of people who use platforms like Twitter and Facebook because he sees no instant profit in it."

http://www.autosport.com/news/report.php/id/114755

[Teretonga]

Originally Posted by bjohnsonsmith

Not strictly about future Grand Prix but more to do with the future of Grand Prixs in general, this is an interesting article and I find the second paragraph quite telling, in that I think it gives a very good insight into's Bernie's mind set.

"Ecclestone has dismissed the need for F1 to officially embrace the millions of people who use platforms like Twitter and Facebook because he sees no instant profit in it."

http://www.autosport.com/news/report.php/id/114755

No instant profit? Oh dear.
Tell that to Mark Zuckerberg and his friends, or Jack Dorsey, Biz Stone, Noah Glass and Evan Williams.

You're right. That would exemplify Bernie's attitude to a T.

[Sodemo]

Which is why every f1 video gets pulled from YouTube. If Bernie isn't making money from it, he wants to block it, or isn't interested in embracing it in an official capacity.

[TheMightyM]

Originally Posted by bjohnsonsmith

Not strictly about future Grand Prix but more to do with the future of Grand Prixs in general, this is an interesting article and I find the second paragraph quite telling, in that I think it gives a very good insight into's Bernie's mind set.

"Ecclestone has dismissed the need for F1 to officially embrace the millions of people who use platforms like Twitter and Facebook because he sees no instant profit in it."

http://www.autosport.com/news/report.php/id/114755

When you’re 83, you tend to have a rather shortened perspective as to what constitutes the “long run.” What does is matter to Bernie if the series’ policies hurt it over the next 10 or 15 years, as it’s unlikely that he’ll still be in charge (or probably even alive) then.

[Biscuits In A Red Bull]

Originally Posted by TheMightyM

When you’re 83, you tend to have a rather shorten perspective as to what constitutes the “long run.” What does is matter to Bernie if the series’ policies hurt it over the next 10 or 15 years, as it’s unlikely that he’ll still be in charge (or probably even alive) then.

Yes, but he's not exactly scraping a living is he? I'd go as far as to say that he's well off, actually...

[bjohnsonsmith]

Originally Posted by TheMightyM

When you’re 83, you tend to have a rather shorten perspective as to what constitutes the “long run.” What does is matter to Bernie if the series’ policies hurt it over the next 10 or 15 years, as it’s unlikely that he’ll still be in charge (or probably even alive) then.

I wouldn't know, I'm not 83 and I'm sure not all 83 year olds will necessarily think on those lines. However, what is clear is Bernie is driven by profit and this can be seen going all the way back to when he secured the TV rights for F1 in the early '80s.

[TheMightyM]

Originally Posted by Biscuits In A Red Bull

Yes, but he's not exactly scraping a living is he? I'd go as far as to say that he's well off, actually...

That’s beside the point. Bernie is the sort of person that wants to win big all the time — he’s a natural risk taker — it’s just he’s now looking for his cash-out immediately or almost immediately. And I'm sure he thinks he deserves every penny (pence?) he gets.

[wolfhound]

More on the Italian GP situation. Apparently negociations have not yet started on any possible new deal with Monza. It is belived that the Italian GP is one of the protected ones by the FIA ( I think France also was) whether that means anything it is difficult to tell. Mugello seems ready to step in if Monza losses the GP. Could that be another one of Bernie's deals to keep his mates at Ferrari happy?

http://www.grandprix.com/ns/ns28372.html
http://www.motorsport.com/#!/f1/news...oblems-malago/

[Paradise City]

You'd think if he was 83, he'd relax a bit. You can't bring that all cash with you.

[Mekola]

Tifosi will feel betrayed if Monza loses his F1 venue. Better not Bernie!

[wolfhound]

Bernie says he is ready to sign a new contract with the organisers at Monza on equal terms to all the other European GP's. Is that equal to Monaco or Silverstone because to the best of my knowledge thay pay very different fees to Bernie.

http://www.grandprix.com/ns/ns28422.html

[bjohnsonsmith]

Originally Posted by wolfhound

Bernie says he is ready to sign a new contract with the organisers at Monza on equal terms to all the other European GP's. Is that equal to Monaco or Silverstone because to the best of my knowledge thay pay very different fees to Bernie.

http://www.grandprix.com/ns/ns28422.html

According to this Monaco pays no sanctioning fee to Bernie.

http://www.thepaddockmagazine.com/ar...est-bet-102494

Paragraph 15.

[wolfhound]

Originally Posted by bjohnsonsmith

According to this Monaco pays no sanctioning fee to Bernie.

http://www.thepaddockmagazine.com/ar...est-bet-102494

Paragraph 15.

Thankyou thats what I suspected. I have heard that Silverstone pays between £15 & 20million.

[bjohnsonsmith]

Originally Posted by wolfhound

Thankyou thats what I suspected. I have heard that Silverstone pays between £15 & 20million.

I may be wrong but I thought Silverstone, paid a reduced fee, compared to other tracks because of it's historical significance?

[Tucky]

Bernie probably wants to get rid of the reduced fees as it means less money for him. On the other hand, it's hard to argue for reduced fees for circuits; yes places like Silverstone and Monza are historically significant (and personally I'd much rather they were on the calendar then most of the new tracks coming in nowadays), but it's not fair to the other circuits. (And before anyone jumps in, yes I know, life's not fair!)

[wnut]

Originally Posted by bjohnsonsmith

According to this Monaco pays no sanctioning fee to Bernie.

http://www.thepaddockmagazine.com/ar...est-bet-102494

Paragraph 15.

There is a huge irony here, ignoring the cost of a GP, Monaco and its economy; gambling; probably derive a greater benefit from its Grand Prix than any other race! Then they get it for free as well!

[321Go]

Originally Posted by bjohnsonsmith

I may be wrong but I thought Silverstone, paid a reduced fee, compared to other tracks because of it's historical significance?

This years hosting fees is estimated to be about £13.5 million (US$23.1 million). The special deal Silverstone has with Uncle Bernie is that the annual fee rises by 5% each year, as opposed to 10% PA for most other host cities.

The BRDC has to try to cover the full running costs and hosting fee from ticket sales alone. This is the reason that Silverstone GP is one of the most expensive for ticket prices on the F1 calendar.

[bella]

Originally Posted by wnut

There is a huge irony here, ignoring the cost of a GP, Monaco and its economy; gambling; probably derive a greater benefit from its Grand Prix than any other race! Then they get it for free as well!

not sure about the benefit being that huge to monaco - almost all the locals abandon ship for that week, so many shops and businesses are tumbleweed central. granted, the bars and restaurants might see a pick-up in business and the hotels rake it in but that's true of any other grand prix. the average fan in the stands can't really afford to throw money around in monaco - bars and restaurants in nice and menton (and maybe ventimiglia and perhaps bordighera) probably see a decent pickup in business for that time of the year though. but that's in france (and italy) though

also it clashes with the film festival almost every year so it's difficult to see where one starts and the other begins.

/overanalysis of a casual comment

[Sodemo]

When I went to Monaco in 2012, it was the week just before the GP, and they had just ran the classic race so all the barriers and grandstands were up. We had coffee and cake at cafe Paris and it came to about 12 euros which wasn't too bad. Then we found a bar in the old part of Monaco (up on the hill) which had beers for 4 euro, so it was far far cheaper than I was led to believe. People were telling me before I went that it would be 20 quid a pint etc.

[bella]

it is if you're daft enough to seek refreshment in the popular haunts during the actual weekend to be fair!