F1 » No state backing for French GP


The will be no French state support for an F1 race if a deal can be struck to put the country back on the calendar

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mrfill

September 26, 2012 11:58 AM

If this is a money making event you would expect that a shrewd billionaire would invest and collect the return but none have come forward so why should a state (i.e. taxpayers), recovering from an economic trauma caused by transatlantic banks, take the loss?

richard

September 26, 2012 1:29 PM

in a way, understandable. the front runner was paul ricard, and who owns the circuit?? why it is bernie.

so why would the french govt be prepared to put money into bernies pocket?

Chop Chop - Unregistered

September 26, 2012 3:24 PM

Formula One hosting fee and cost is too expensive for current economy environment.
I hope Bernie needs to wake up and realize about current situation Europe and other parts of world.

Cubikrube

September 26, 2012 6:31 PM

Thing is and i am sure Bernie couldn't give a toss either way....if European countries won't pay up there's plenty of other countries in other non-traditional F1 territory that will pay it.
TBH Magny Cours is fab bike track but i don't remember it being that exciting to watch when F1 was there. Would DRS help make it more so? Not sure myself but we'll only know if they go there in the future

Taz

September 26, 2012 10:18 PM

@Cubikrube

Pretty much, I've said many ties but Bernie what have race in North Korea if he was paid enough.

His business model will come unstuck, it's called selling your soul but by then he'll have left F1, he's trying to milk it.

Nanbawan - Unregistered

September 26, 2012 10:48 PM

And in that well known business model frame, The French state still can't find 2 millions Euro to back the return of the GP. It's a bargain if you ask me...

Yet, I sense the political aspect of such a move is at least as important as the sheer financial side of the matter. The Socialist Party is in hot water right now given the current state of the economy even if it's mostly due to their predecessors but that's starting to be their responsibility anyway. They also need to cuddle their junior partners, Les Verts - The Green Party.

So there might also be a symbolical side to this and it tells a bit about the general opinion about F1 in France recently. While there is a sizeable following in the country, the public opinion about motorsports in general and F1 in particular isn't that great. It's the same or even worse in the mass media (mostly TV).

It's not trendy to have hype over that despite the auto industry being a pivotal part of the French economy. Despite that the French would

Nanbawan - Unregistered

September 26, 2012 10:48 PM

Despite that the French would still go and buy the baguette with their car rather than any other form of transportation. I don't say that it should stay that way but one can sense the contradiction if not the hypocrisy there.

But what bugs me in this particular case, in that particular situation is the fact that the French government while declaring they will do their best to help the domestic auto industry won't do so little to host a GP. Perhaps they know something we don't. That having a GP wouldn't provide a measurable return on those 2 millions Euro...Anyway it sounds like another French paradox to me.

The other disturbing thing is that apparently no private sponsors want to help a return of a French GP. Does F1 have such a bad image ? Is it due to French private companies unwillingness or inability to promote themselves globally. Should the FFSA give a call to Qatar banks then ?

Nanbawan - Unregistered

September 26, 2012 10:54 PM

Concerning Magny-Cours , I actually think the track could give good racing with the new rules. The DRS -while I despise it - in the straight before Adelaide hairpin but also mostly the Pirelli tyres.

Races there have been interesting in tricky grip conditions and tyre degradation discrepancy.

I can't tell for the modern Paul Ricard, that's why it would have been interesting to have both tracks alternate for a while.

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