+1astracrazy wrote:only person that makes money is MrE
+1astracrazy wrote:only person that makes money is MrE
Do we even know who the promotors are?WilliamsF1 wrote:NJ is yet to reveal anything.
Which was xactly my point, if it wasn't for my poor english...astracrazy wrote:only person that makes money is MrE
Right now I think it's this Leo Hindrey Jr guy http://en.wikipedia.org/wiki/Leo_Hindery. Interesting that "He also races cars, winning his class at the 24 Hours of Le Mans in a Porsche GT3." And here's a story on the race: http://www.kxan.com/dpp/news/local/aust ... 2013-trackPup wrote:Do we even know who the promotors are?
Formula One supremo Bernie Ecclestone has thrown the prospect of next year's proposed Grand Prix of America into serious doubt.
The race, on a street circuit in New Jersey with the Manhattan skyline serving as a backdrop, is scheduled to make its debut next year.
Although the event was announced in October, it is understood to have run into financial, and in turn, contractual difficulties with Ecclestone.
Ecclestone said: "I don't know if it is going to happen.
"I hope everything will be okay. They are sorting things out internally with some of their funds. If they are ready for 2013 we will have them."
Ecclestone's dream has long been to hold a race in New York, but he has confirmed the organisers "are late" with initial payments.
The 81-year-old, speaking to ESPN, added: "We are waiting for different parts of the contract to be agreed."
A race spokesman, however, has refused to confirm Ecclestone's remarks as he said: "We don't comment on our contractual relationship with Formula One or its details.
"We are on track for a June 2013 race, with all course engineering and construction progressing precisely on schedule, a strong management team in place, and strong ongoing support from New Jersey, New York City and the local communities involved.
"We are very confident the 2013 F1 Grand Prix of America will be a great event."
Silverstone is the best example. The secret to turning a profit for the track is to have a busy season with as many race events as possible.Scorpaguy wrote:I'm unsure how, or if any, new tracks/circuits outside of the US make fiscal sense....but there seems to be a pattern here in the States. The newer Mid Eastern tracks had nearly unlimited funds to draw from, so are not a good comparison. The recent Asain tracks seem to have faired a bit better (but India was close). What is the newest European Facility? ....or do they just refurb the existing ones and not even try to start new facilities under current F1 Mgmt?
Oh no, that's just the usual bitching from MrE, I still believe that he went along with the NJGP as he was getting nervous about Austin ever going to happen. If you can't make a street-track in that part of the country economically viable, I think you might as well forget about Formula One in the US once and for all.Pup wrote:More rumbling over Jersey. I suppose we should all start waiving our hands in the air screming OMG!!! ONOZ!!! like we always do at this point. Care to get us started, x?
Formula One supremo Bernie Ecclestone has thrown the prospect of next year's proposed Grand Prix of America into serious doubt.
...
Ecclestone wades into these waters, without exception, for every new event.Pup wrote:More rumbling over Jersey.
Somebody is slow to deliver the bag money.They are sorting things out internally with some of their funds. If they are ready for 2013 we will have them."
And to encourage nearly every single F1 team, and every engineering firm in britain to think they need to be on your doorstep, and paying you rent of course.WilliamsF1 wrote:Silverstone is the best example. The secret to turning a profit for the track is to have a busy season with as many race events as possible.Scorpaguy wrote:I'm unsure how, or if any, new tracks/circuits outside of the US make fiscal sense....but there seems to be a pattern here in the States. The newer Mid Eastern tracks had nearly unlimited funds to draw from, so are not a good comparison. The recent Asain tracks seem to have faired a bit better (but India was close). What is the newest European Facility? ....or do they just refurb the existing ones and not even try to start new facilities under current F1 Mgmt?
A business resemblance between MrE and Hyman Roth? Naah...?strad wrote: ...
Somebody is slow to deliver the bag money.
Reminds me a scene from the Godfather..Down in Cuba.
IF,,He looks in his account and there is 50 million he'll know we have a deal.
...
He's always wanted the race, but certainly he used Austin as a negotiating tool with NJ, and then turned around and used NJ in his renegotiations with Austin. I don't think Bernie ever thought Austin wouldn't happen, but I do think he was more than happy to help or at least allow the original deal collapse if it meant that he could renegotiate after NJ had been announced.xpensive wrote:...I still believe that he went along with the NJGP as he was getting nervous about Austin ever going to happen...