2023 Las Vegas Grand Prix - Las Vegas, Nov 16 - 18

[Just_a_fan]

Can't wait to see the cars conquer three straights and two parking lots.
https://i.imgur.com/IiJ8fMo.png

edit1: added image
edit2: changed image
edit3: removed time as it was wrong

It's basically an oval with a couple of tight turns to make it fell "not oval".

Still, so long as US audiences get a race that can have an hour of advert breaks without missing anything, everyone's happy.

[Just_a_fan]

I don't know whats worse? Another American race or another street circuit. Surely neither is needed.

America is a big market. Almost unlimited growth potential. Massive value. So why not three races?

Likewise China.

Likewise India.

So multiple races in those countries too?

[SmallSoldier]

Can't wait to see the cars conquer three straights and two parking lots.
https://i.imgur.com/IiJ8fMo.png

edit1: added image
edit2: changed image
edit3: removed time as it was wrong

It's basically an oval with a couple of tight turns to make it fell "not oval".

Still, so long as US audiences get a race that can have an hour of advert breaks without missing anything, everyone's happy.

Not a single advert break during F1 races in the states.

[SmallSoldier]

I don't know whats worse? Another American race or another street circuit. Surely neither is needed.

America is a big market. Almost unlimited growth potential. Massive value. So why not three races?

Likewise China.

Likewise India.

So multiple races in those countries too?

Average income per capita for each of them?

Customer spending per capita?

Sponsorship appeal?

It’s not only about population size, is market appeal for sponsors, who ultimately fund the sport.

[PlatinumZealot]

I don't know whats worse? Another American race or another street circuit. Surely neither is needed.

America is a big market. Almost unlimited growth potential. Massive value. So why not three races?

Likewise China.

Likewise India.

So multiple races in those countries too?

People in those countries have a fraction of the purchasing power of Americans so they won't buy formula 1 goods and services as much. That's even if they are as interested in the "Formula 1 universe."

[Just_a_fan]

America is a big market. Almost unlimited growth potential. Massive value. So why not three races?

Likewise China.

Likewise India.

So multiple races in those countries too?

People in those countries have a fraction of the purchasing power of Americans so they won't buy formula 1 goods and services as much. That's even if they are as interested in the "Formula 1 universe."

China and India have growth potential that exceeds the US simply because they're further behind on the curve. The US is becoming saturated. China and India will blow the west out of the water in the coming decades.

[Mogster]

Revenue potential will be just astronomical. Right place, right circuit in that it takes in the most well known areas of Vegas and will undoubtably look spectacular. Unlike the Miami car park GP I can see this becoming another Monaco and Singapore.

As a traditionalist obviously I’d love a return to Watkins with this US expansion but the benefits of Vegas are obvious.

[SmallSoldier]

Likewise China.

Likewise India.

So multiple races in those countries too?

People in those countries have a fraction of the purchasing power of Americans so they won't buy formula 1 goods and services as much. That's even if they are as interested in the "Formula 1 universe."

China and India have growth potential that exceeds the US simply because they're further behind on the curve. The US is becoming saturated. China and India will blow the west out of the water in the coming decades.

And when that happens… I’m sure there will be more races in those countries

[Just_a_fan]

People in those countries have a fraction of the purchasing power of Americans so they won't buy formula 1 goods and services as much. That's even if they are as interested in the "Formula 1 universe."

China and India have growth potential that exceeds the US simply because they're further behind on the curve. The US is becoming saturated. China and India will blow the west out of the water in the coming decades.

And when that happens… I’m sure there will be more races in those countries

Let's just do everything in the US then. It's the only market worth exploiting.

[vorticism]

America is a big market. Almost unlimited growth potential.

Imagine saying this in current year.

[SmallSoldier]

China and India have growth potential that exceeds the US simply because they're further behind on the curve. The US is becoming saturated. China and India will blow the west out of the water in the coming decades.

And when that happens… I’m sure there will be more races in those countries

Let's just do everything in the US then. It's the only market worth exploiting.

No one is saying that… But the apparent “outrage” because there is a third race there is a bit hard to understand… We seem to be ok with 2 races in Italy (Monza, Imola), wouldn’t mind 2 races in Germany (Hockenheim, Nurburgring), but we have an issue with a third in the US?

The reality is that the US is a market that is very appealing, not only to FOM but more importantly to the sponsors of the different Teams… It’s a market that has been hard to make inroads for F1 and they are finally breaking through with increasing interest and viewership, taking advantage of that momentum is an smart move.

[vorticism]

No one is saying that… But the apparent “outrage” because there is a third race there is a bit hard to understand… We seem to be ok with 2 races in Italy (Monza, Imola), wouldn’t mind 2 races in Germany (Hockenheim, Nurburgring), but we have an issue with a third in the US?

The reality is that the US is a market that is very appealing, not only to FOM but more importantly to the sponsors of the different Teams… It’s a market that has been hard to make inroads for F1 and they are finally breaking through with increasing interest and viewership, taking advantage of that momentum is an smart move.

F1 is a European sport though. Obviously having multiple venues there makes sense, they were all there at one time. America like most other nations outside Europe are trying to cash in on it, which further removes it from what created its appeal. It's a choice of whether you want one of the pinnacles of motorsport to remain European, or rather, more episodes of Drive to Contrive. American markets may be appealing, or at least were when the dollar wasn't collapsing. I guess it's a question of whether you want an X7 or an M3 from your European toy manufacturer.

[PlatinumZealot]

Likewise China.

Likewise India.

So multiple races in those countries too?

People in those countries have a fraction of the purchasing power of Americans so they won't buy formula 1 goods and services as much. That's even if they are as interested in the "Formula 1 universe."

China and India have growth potential that exceeds the US simply because they're further behind on the curve. The US is becoming saturated. China and India will blow the west out of the water in the coming decades.

That is too long a timeline for projects these days. Business environment is extremely dynamic. Timelines like three years to five years is what are evaluated and the earlier the money comes in the better.

[PlatinumZealot]

No one is saying that… But the apparent “outrage” because there is a third race there is a bit hard to understand… We seem to be ok with 2 races in Italy (Monza, Imola), wouldn’t mind 2 races in Germany (Hockenheim, Nurburgring), but we have an issue with a third in the US?

The reality is that the US is a market that is very appealing, not only to FOM but more importantly to the sponsors of the different Teams… It’s a market that has been hard to make inroads for F1 and they are finally breaking through with increasing interest and viewership, taking advantage of that momentum is an smart move.

F1 is a European sport though. Obviously having multiple venues there makes sense, they were all there at one time. America like most other nations outside Europe are trying to cash in on it, which further removes it from what created its appeal. It's a choice of whether you want one of the pinnacles of motorsport to remain European, or rather, more episodes of Drive to Contrive. American markets may be appealing, or at least were when the dollar wasn't collapsing. I guess it's a question of whether you want an X7 or an M3 from your European toy manufacturer.

Globalisation. F1 is a European product that must be exported for it to survive. European product fuled by global money.

[vorticism]

Globalisation. F1 is a European product that must be exported for it to survive. European product fuled by global money.

Yet, it arose without it, and survived on its home market for decades. It's like saying Japan needs immigration in order survive not being overpopulated. Ponder that you as an American insists that domestic markets cannot sustain themselves without foreign industrial labor markets, while his country collapses from lacking a domestic industrial labor market, as a result of the system he is promoting.