Thursday, July 07, 2005
The death of Formula One?
Reports have been surfacing, discussing the practicalities of a break-way Grand Prix. Apparently, Mercedes, Williams, BMW, Renault Honda and Toyota have/will be holding meetings to discuss the details of the new series.
The last time this happened was about 5 years ago, and then it was over the revenue generated through viewrship.Fortunately, they reached a compromise.
As we all, know, 5 years is quite a long time for an old man. in this case, Bernie Eccelstone. People say he has gotten more senile, and coupled with the irrationality of Max Mosely, there is a very real threat to the continuation of the F1 series.
After the outrageous exit of 7 teams from the US GP, the future of F1 seems at the very best, uncertain.
Many people would point out that if the breakaway series materializes, the only teams left in the original series would be Ferrari and Jordan. It wouldn't be very exciting watching Ferrari win every race with a 10 lap lead, would it?
Politics leading to the downfall of one of the most well-established sports in the world. That would indeed be a first. The stakes are outrageously high. Revenue in the millions of pounds for each individual team, and possibly billions on the whole.Formula One sustains whole towns. Towns that depend on the profits generated by the race weekend on that track.
Most importantly, it will take away the fond memories of a million different fans, who only wish to experience the thrill of the race.
Gavin
pondered @ 09:42
