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Silverstone exercise break clause

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Silverstone exercise break clause

http://www.bbc.co.uk/sport/formula1/40566434

Silverstone has been home to the race every year since 1987.

However, the British Racing Drivers' Club (BRDC), which owns the circuit, says it cannot afford to host the race unless a new deal is agreed.

"We have reached the tipping point," said BRDC chairman John Grant.

"We can no longer let our passion for the sport rule our heads. We sustained losses of £2.8m in 2015 and £4.8m in 2016, and we expect to lose a similar amount this year."

12 REPLIES
rongtw
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Re: Silverstone exercise break clause

Oh dear Sad  so sad if we no longer have a British GP

hope they can sort a deal out

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Re: Silverstone exercise break clause

If you really want to see a lot of drivers doing round in circles getting nowhere fast why not simply stand on a bridge over the M25 - it's freeCheesy

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bjallenby
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Re: Silverstone exercise break clause

There's a similar problem facing the road racing motorcycle events in Ireland. Nearly every single race saw a huge insurance increase for 2017. And Killalane was hit hardest with a 100% insurance rise. So the race was cancelled for this year.

The thing is, people can visit these races and not pay for tickets to a grand stand, or not buy a race programme. They can just pick a spot along the race track and stand in a field if they desire. Then they'll complain about the price of grand stand tickets and race programmes, unaware that all that money goes back into paying to cover the race and all that entails on putting on the event, including insurance coverage.

Another thing is selling the rights to broadcast the events. BBC NI mainly covers the NW200 and UGP. In my opinion we need to be charging them more to do so, or looking for alternative networks to sell the rights to, to help cover costs.

Road racing pulls in more crowds North and South of the Irish border than any other event. The NW200 race week several years ago had around 400k visitors to the North coast and people coming from all over the world to watch. It should be better supported by local government and the people who attend who treat it as nothing more than a free day out.
Jonpe
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Re: Silverstone exercise break clause

Perhaps Bernie Ecclestone would like to dip into his pocket; £4.8 mill. is small change to him (net worth $3.1 bn. (2016, Wikipedia)).

@Mav  The M25 has been described as Europe's largest car park so not quite as exciting as F1 racing.

And here's Murray Walker in one of his finest moments paraphrasing Toyota's advertising slogan (The car in front is a Toyota): https://www.youtube.com/watch?v=1oI7LAmrces

 

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Re: Silverstone exercise break clause


Jonpe wrote:

@Mav  The M25 has been described as Europe's largest car park so not quite as exciting as F1 racing.


Yeah, but still going round in circlesRoll eyes

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Re: Silverstone exercise break clause


Jonpe wrote:

Perhaps Bernie Ecclestone would like to dip into his pocket; £4.8 mill. is small change to him (net worth $3.1 bn. (2016, Wikipedia)).


bernie is a very astute and clever businessman
why would he want to essentially throw away £4.8 million?
he'd be better off setting fire to £4.8 million.

Jonpe
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Re: Silverstone exercise break clause

A knighthood?  BBC sportspersonality of the year?

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Re: Silverstone exercise break clause

I guess like any event, you pay to get in, and they rely on you now being a captive audience buying food/drink there at high prices to subsidise their costs.

That's what cinemas do, been a while since I went, but how much is popcorn now? Smiley

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Re: Silverstone exercise break clause

Since we're on the subject of Silverstone, who's moustache is this? No prizes for correct answers!

 

tosh1.jpg

 

 

 

 

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Re: Silverstone exercise break clause

Mansell?

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Re: Silverstone exercise break clause

Co-rect! Cool smiley

Jonpe
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Re: Silverstone exercise break clause

@Alex  They used to have scantily clad ladies handing out free cigarettes at races but I suppose that's been banned now.