F1 » Ferrari biggest loser as teams count cost of Bahrain cancellation


Whilst Bahrain has been let off its $40 million race-hosting fee by F1 commercial rights-holder Bernie Ecclestone following its eleventh-hour cancellation, it seems the teams - and Ferrari in particular - may not be so lucky...

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Rob - Unregistered

March 03, 2011 11:07 AM

Ferrari set to loose $11 million from one missed race, what chance has Lotus ever got to compete with Ferrari I doubt if they see $11 million in 2 seasons let alone one race

Firestorm - Unregistered

March 03, 2011 12:08 PM

I think that Ferrari more than 11 million USD,has lost 43 valuable points.Because a one-two finish is a possible result for Ferrari,counting the problems of McLaren and the low speed in the straights of Red Bull.I am upset for that,being a fan of Alonso.

MR

March 03, 2011 12:48 PM
Last Edited 1265 days ago

Whatever happened to "force majeur"? If Ferrari's contracts do not have any clauses written in, to cover themselves for events outside their own control, then serve them right. Somehow, though, with their history, I doubt that would be the case.

Cardinal

March 03, 2011 1:22 PM

Sorry, but how can the teams be penalised for missing a race when it's been cancelled? There is no race to miss! Bernie is trying to get it reinstated later in the season - all the teams will race it then so why all the fuss? Is this just a Crash non-story? This is even more stupid that Bernie's artificial rain nonsense.

MotoGP - Unregistered

March 03, 2011 2:39 PM

The advertisers pay the teams for exposure. No race, no exposure, no money. It's not a penalty. The billboard won't make an appearance, why should they be paid?

As far as 'force majeure', that's what business interruption insurance is for, and no doubt all the teams have it for occasions like this.

I find the comment that someone values the possibility of a points haul over the human issues taking place in that region revealing, and unsurprisingly consistent with the attitude of SOME of the fans that particular brand attracts.

Alan D - Unregistered

March 03, 2011 3:25 PM

Stop Press: the BBC is reporting Bernie as saying that the Bahrain GP has been rescheduled to the weekend before Abu Dhabi. Maybe the teams have just worked out they'll lose sponsors' money if the race doesn't run.

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