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Old 20th July 2016, 23:14   #1
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Default About F1 ownership & Race fees

Came across this piece of Gold on F1 ownership and race fee earnings.
Quite evident the millions non Europe races generate!
Also, CVC will be very happy with Bernie for the billions

Source : JWGP
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About F1 ownership & Race fees-f1-ownership-fees-2016.jpg  


Last edited by Rehaan : 21st July 2016 at 14:55. Reason: Post edited. Please always provide a clickable source link.
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Old 20th July 2016, 23:28   #2
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Default re: About F1 ownership & Race fees

Quote:
Originally Posted by Hatari View Post
Came across this piece of Gold on F1 ownership and race fee earnings.
Quite evident the millions non Europe races generate!
Also, CVC will be very happy with Bernie for the billions

Source : JWGP
Interestingly, Monaco pays no fees. WOW!!

Middle East tracks are the higher paying tracks.

Thank you for sharing it.


Regards
Rachit
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Old 20th July 2016, 23:43   #3
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Default re: About F1 ownership & Race fees

Which track is Alemania? Track looks unfamiliar

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Middle East tracks are the higher paying tracks.
Russia is the highest. Am surprised by Singapore and Malaysia. Was expecting it for Azerbaijan.

Is Monaco due to the French connection?
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Old 21st July 2016, 00:39   #4
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Default re: About F1 ownership & Race fees

Could it be the name of the track in Austin USA, that seems to be missing.

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Which track is Alemania? Track looks unfamiliar
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Old 21st July 2016, 03:55   #5
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Post re: About F1 ownership & Race fees

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Originally Posted by narayans80 View Post
Which track is Alemania ?
It's the Hockenheimring, site of the German Grand Prix ( well, at least every 2 years ).
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Originally Posted by khoj View Post
Could it be the name of the track in Austin USA, that seems to be missing.
The U.S. GP track, i.e. the Circuit of the Americas, is the one labeled E.E.U.U. ( should've been EE.UU - for Estados Unidos ).

Looks to be a Spanish document, hence the strange labeling ( well, to us ).
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Old 21st July 2016, 05:32   #6
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Default F1 Ownership & Race fees

According to latest rumors, Apple is in talks with Bernie on possible F1 buy out. Here is the link:

http://iphone.appleinsider.com/artic...rmula-1-racing

If above news is true, it's a major shift of philosophy from Apple.

@Mod: please move this to appreciate thread if this post is not applicable here.
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Old 21st July 2016, 15:12   #7
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Default Re: About F1 ownership & Race fees

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Originally Posted by im_srini View Post
Looks to be a Spanish document, hence the strange labeling ( well, to us ).
Thanks. Confirmed with a Spanish colleague. Some additional interesting details though slightly for this thread

- Alemania is indeed Germany in Spanish.
- EE.UU is Estados Unidos or United States. Its abbreviated twice because of plural.
- Bahrain is pronounced as Barain (H silent), Same with Hungria is Ungria. Japon as Hapon, Belgica is Belhica, Mexico is Meiico or Mehico (depending on who pronounces. South American way is different from European way and subtle differences among them as well).

Interesting to learn there difference even within Latin based languages. On a funny note, both Munich and Monaco are btoh called Monaco in Italian. Sounds pretty confusing OK, they do differentiate by additionally saying as Monaco Principe or Monaco di Germania (Monaco of Germany = Munich)
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Old 23rd July 2016, 21:36   #8
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Default Re: About F1 ownership & Race fees

Is Lehman Brothers still a shareholder? I thought they went bankrupt. Also did not expect JP Morgan to be a shareholder too. F1 seems to be a real value creator here. How much do the circuits make to afford an F1 race? How can Austin venue stay afloat if they say about 19 Million euros for every race?
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Old 26th July 2016, 10:20   #9
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Default Re: About F1 ownership & Race fees

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Is Lehman Brothers still a shareholder? I thought they went bankrupt. Also did not expect JP Morgan to be a shareholder too. F1 seems to be a real value creator here. How much do the circuits make to afford an F1 race? How can Austin venue stay afloat if they say about 19 Million euros for every race?
The hosting fees is shared with the Govt in most cases and in a few the Govt bears the cost entirely, as a tourism expense.
It is too expensive for a race promoter to bear himself, India being a prime example.
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Old 27th July 2016, 03:10   #10
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Default Re: About F1 ownership & Race fees

The US govt. is least bothered about F1, it is a 100% private venture there.

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The hosting fees is shared with the Govt in most cases and in a few the Govt bears the cost entirely, as a tourism expense.
It is too expensive for a race promoter to bear himself, India being a prime example.
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Old 27th July 2016, 10:39   #11
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Default Re: About F1 ownership & Race fees

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The US govt. is least bothered about F1, it is a 100% private venture there.
Yes, hence the India example. Dont see it continuing for more than a few years.
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