About F1 ownership & Race fees

Hatari · 20th July 2016, 23:14

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

Rachit.K.Dogra · 20th July 2016, 23:28

Quote:

Originally Posted by Hatari

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

narayans80 · 20th July 2016, 23:43

Which track is Alemania? Track looks unfamiliar

Quote:

Originally Posted by Rachit.K.Dogra

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?

khoj · 21st July 2016, 00:39

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

Quote:

Originally Posted by narayans80

Which track is Alemania? Track looks unfamiliar

im_srini · 21st July 2016, 03:55

Quote:

Originally Posted by narayans80

Which track is Alemania ?

It's the Hockenheimring, site of the German Grand Prix ( well, at least every 2 years ).

Quote:

Originally Posted by khoj

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 ).

Nitrous Power · 21st July 2016, 05:32

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.

narayans80 · 21st July 2016, 15:12

Quote:

Originally Posted by im_srini

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)

Monolithic · 23rd July 2016, 21:36

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?

Hatari · 26th July 2016, 10:20

Quote:

Originally Posted by Monolithic

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.

khoj · 27th July 2016, 03:10

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

Quote:

Originally Posted by Hatari

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.

Hatari · 27th July 2016, 10:39

Quote:

Originally Posted by khoj

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.

20th July 2016, 23:14	#1
Hatari Senior - BHPian Join Date: Feb 2004 Location: Calcutta Posts: 1,880 Thanked: 881 Times	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 Attached Thumbnails Last edited by Rehaan : 21st July 2016 at 14:55. Reason: Post edited. Please always provide a clickable source link.
	(9) Thanks

21st July 2016, 05:32	#6
Nitrous Power BHPian Join Date: Aug 2009 Location: Anand, Gujarat / Virginia Beach, US Posts: 490 Thanked: 273 Times	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.
	() Thanks

23rd July 2016, 21:36	#8
Monolithic BHPian Join Date: Aug 2012 Location: Hyderabad Posts: 140 Thanked: 112 Times	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?
	() Thanks