Really wish the organizers at tracks like Hockenheim or Sepang had the budget to host a race. So many tracks here that are simply all right, buying their way in, while truly stellar ones just wither away on the sidelines.
Very curious to see if the Chinese GP even happens next year.
“Lost”? Advertising itself does not make any profit at all. It’s about promoting the brand and making money from selling the product. Ask Red Bull for details. They spend loads of money (including hosting their own GP) to promote canned soda.
I’m not talking about advertising money, I’m talking about them contributing to the fees paid to the FIA to host the actual Grand Prix. The organizers lost money on that race most years. It ran, and 2019 was no exception.
Really wish the organizers at tracks like Hockenheim or Sepang had the budget to host a race. So many tracks here that are simply all right, buying their way in, while truly stellar ones just wither away on the sidelines.
Very curious to see if the Chinese GP even happens next year.
If only there was an Mercedes-AMG Petronas F1 Team with connections to both countries that would push for that…
Mercedes the company put a boatload of money into the German GP and lost a fair amount of it.
“Lost”? Advertising itself does not make any profit at all. It’s about promoting the brand and making money from selling the product. Ask Red Bull for details. They spend loads of money (including hosting their own GP) to promote canned soda.
I’m not talking about advertising money, I’m talking about them contributing to the fees paid to the FIA to host the actual Grand Prix. The organizers lost money on that race most years. It ran, and 2019 was no exception.
Because the German car brand is not interested in paying the fees of a German GP to promote “quality made in Germany”.