I understand your point DOF_Power, for many years the F1 circus was very much a European/North American series (with the odd trip to South America) and the expansion into other parts of the world should be welcomed. However, there is a fundamental problem with the fan base in places such as Dubai, Abu Dhabi, Bharain etc. and this is why, for so many years, the circus restricted itself to the areas where fans would go and watch the races. Obvioulsy the rise in TV coverage has, to an extent, made this redundant.
Coming back to the reason why I posted this article, I believe F1 needs races in places like Australia to justify the title of "World Championship". I'd love to see races in Brazil, Argentina, South Africa and Australia; all countries with a sufficent fan base to justify holding a Grand Prix which would mean the southern hemisphere is more adequately represented in a series which claims a World Champion. The nub of the problem is the financial demands being made by the commercial rights holder which is pushing races into countries where F1 probably isn't very popular but the government enjoys the kudos of having a race and is prepared to subsidise it financially.