F1 » Forget NASCAR, football could move 2013 USGP


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I don't believe he does and neither does he share the advertising revenue from the billboards around the track. This is probably why tracks such as Korea are having financial problems ($36m loss this year alone), why ticket prices are so high and why Bernie is so rich. The tracks get the revenue from the tickets but then also have to pay huge fees to stage the event - many GPs have some kind of government support. If numbers are down and revenue is down and the government won't cough up more cash, then the venue starves. The tracks have been talking about joining together to start twisting Bernie's arm en masse but until they do, they are at the mercy of the current system. The teams and BE do very nicely out the tv revenues and neither seem inclined to change that. A bit short-sighted really.



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