• woelkchen@lemmy.world
    link
    fedilink
    English
    arrow-up
    3
    ·
    1 year ago

    Really wish the organizers at tracks like Hockenheim or Sepang had the budget to host a race.

    If only there was an Mercedes-AMG Petronas F1 Team with connections to both countries that would push for that…

    • PilotJones@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      ·
      1 year ago

      It would be quite the bill to foot for an organisation that’s already pretty expensive to run. I don’t imagine they would do that unless there’s some serious financial incentive at the end of it, even if there is a connection there. They are a business after all.

      • woelkchen@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 year ago

        It would be quite the bill to foot for an organisation that’s already pretty expensive to run.

        You mean two organizations: Mercedes-Benz AG and Petronas. The Red Bull F1 team isn’t the owner and sponsor of Red Bull Ring either.

        They are a business after all.

        So is Red Bull and the incentive is to promote the brand.

        • PilotJones@lemmy.world
          link
          fedilink
          English
          arrow-up
          1
          ·
          edit-2
          1 year ago

          I mean, I’m pretty sure this must have been considered by them already, so if they still haven’t done it, it’s probably because the numbers just don’t check out.

          Its clear that organisations like RB, Merc and Ferrari are highly adept at (and love) making money. If they’re not partaking in a potential opportunity, there must truly be a compelling economic reason behind that with the sort of information that you and I are simply not privy to.

      • woelkchen@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 year ago

        “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.

        • Fireinthesky7@lemmy.world
          link
          fedilink
          English
          arrow-up
          1
          ·
          1 year ago

          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.

          • woelkchen@lemmy.world
            link
            fedilink
            English
            arrow-up
            1
            ·
            1 year ago

            The organizers lost money on that race most years.

            Because the German car brand is not interested in paying the fees of a German GP to promote “quality made in Germany”.