Post here all non technical related topics about Formula One. This includes race results, discussions, testing analysis etc. TV coverage and other personal questions should be in Off topic chat.
Can anbody tell me how teams like Renault, Ferrari, BaR, Jordan and McLaren will find sponors after the 2006, which tobacco sponsors will be banned starting 2006 onwards?
It was hoped that IT companies would replace tobacco giants,but if they haven't already been snapped up they're either reducing sponsorship money or starting to have a rethink. The smarter team manager will win this one!
I would think that the IT industry would get more involved with F1 when tobacco sponsorship is no more. Considering everything in our ordinary lives is or will have something to do with computers!
What other multi billion dollar industry is there out there that F1 teams can turn to?
I se wher you're coming from Speedtech,but there's been a substantial economic downturn in some sponsorship markets over the last few years,especially U.S. and Japan.In all the years Jordan were with Honda they never attracted any new Japanese backing,other than Brother Industries who went to them from Williams.The rise in telecoms shares on the stock market did change the face of F1 (seeing as it's a tech driven business) and after the technology boom of the '90s,they all wanted a peice of the action...Compaq(HP),Nortel,Lucent,Marconi etc all pumped millions into the sport.Then profits of companies in the tech sector took a nosedive,and this worried people because it was seen as the next logical step after the 2006 ban but the downturn meant that 1)There was a rush to sign up IT companies ...and 2) When IT sponsors programmes came under review,most renegotiated,others cut back and some pulled out all together.Some even went bust!! This is why in spring 2002 Eddie Jordan had to make 50 people redundant.Our guest is right about the clever man coming out on top...look at Frank Williams.He 'kicked the habit' and signed up Glaxo-Smith-Klein (Niquitin CQ)Very smart!
"Whether you think you can or can't, either way you are right."
-Henry Ford-
There are a fair few big companys yet to be involved with F1, Microsoft comes to mind, i know they sponsor the american racing series (Nascar ??) but any one know why not F1
I would think that the IT industry would get more involved with F1 when tobacco sponsorship is no more. Considering everything in our ordinary lives is or will have something to do with computers!