re: 2023 Formula 1 season Thread

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Well, do you have anything to refute that?

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There are plenty of resources available via google that prove that these financial projections are bogus- eapecially regarding the grand tradition of failed street races in this country.

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20-30k grandstand tickets sold is not equal to attendance, especially at this venue.

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yes- so add maybe 10,000 VIPs and you still amount to the same per day attendance as a sell out App State or strong G5 school football game.

Or to make a racing comparison: a moderately attended Cup or Indycar race

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F1 covered the costs of the paddock. It is their new global HQ with Liberty Media.

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Yes- everyone paying attn knows this and it will look really weird there in 3 years when the race is gone and FWONK has lost 50% of its share value

Toto was going off.

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yes- so add maybe 10,000 VIPs and you still amount to the same per day attendance as a sell out App State or strong G5 school football game.

Or to make a racing comparison: a moderately attended Cup or Indycar race

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Yes, conveniently leaving out all of those in attendance at non-F1 ticketed venues based all around the track will make the numbers a lot smaller. You have been pushing that bs narrative everytime you have had a chance.

Adam Stern
@A_S12

Among the revelations in @CNBC's new F1 doc, Liberty Media is spending closer to $600 million on @F1LasVegas, not $500 million, + event CEO Renee Wilm said that there were "south of 1,000" general-admission tickets put on sale this year, though the aim is to grow that next year.

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Should have splurged for better welders.

I read so many complaints on social media last night. One was an Outback Steakhouse video sent by the manager and he showed an empty room with a comment “we sold one blooming onion”. Lots of businesses lost major customers due to this race.

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When i watch the race from his building I am not counted as a paid attendee for that race

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You are correct.

Doesn't mean you aren't in attendance for the race.

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Austin has had estimates of 1B return for each GP held there.

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I can easily see the $1B figure for Austin considering how packed it was.

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se those people did not buy a ticket to the race- and its a relatively small number that doesn’t change the attendance by any order of magnitude

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MGM has their own section on the strip that holds slightly more than "a relatively small number of people." You've got restaurants and casinos all up and down having their own viewing parties.

I'd wager there's a larger number of non F1 "seats" than most other races.

Arash Markazi
@ArashMarkazi

I’m fascinated by the number they come with for the final true financial impact of this year’s F1 Las Vegas Grand Prix. The Strip is dead. Restaurants are empty. Shows are dark. They’re telling everyone without a race ticket to stay away. It’s just a cold, miserable scene so far.

This guy has 770,000 twitter followers:


Matt Gallagher
@MattP1Gallagher

F1 fans at Las Vegas today:

- Spent thousands to be there
- Saw 9 minutes of FP1
- Waited HOURS for next session
- Kicked out just before FP2 starts
- F1 themselves haven’t apologised
- Probably not getting a refund

I feel so bad

I never realized the same firm that owns DRL and fucjing Live Nation own Formula1.

Insane.