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@ DC, F1 plies governments for money, NASCAR plies corporations. It works for both. Neither work for CART.
(F1 is able to exploit a global audience of hundreds of millions per race, it's a huge advertising boom, Montreal reckons it's work $100M CDN a year. NASCAR, on the other hand, doesn't mind having an official energy drink, an official lubricant supplier, an official carbonated beverage, and official fast food, official toilet paper, etc.)
Indy, meanwhile, pretends to be an international series (it pretty much as to, since there aren't any decent Americans driving in it), but fails miserably.
China, Montreal, Lausitzring, Edmonton, Brands Hatch, Rockingham, Motegi, how many failed races does that series have? Promoters can't afford to host the races and are pulling out. In the meantime, the rulesmakers can't decide how to (re)start the races, and the company itself can't decide on a decent president it likes.
THOSE are the signs of a crap, and dying, series.