Bernie's at it again...
Reports in Turkish newspapers state that he has increased the fee to host the Turkish GP from $13.5 million to $26 million for 2011.
Istanbul Park is arguably one of the better of the new Tilke circuits, with a start similar to Interlagos and the now famous turn 8.
It does however suffer from very poor attendance, but this was to be expected considering where it was built; i.e. in the middle of nowhere (I always said they should have built it in the south and then they would have had access to all the holiday makers as well as locals, not to mention all the holidaying well-off Turks).
Doubling the price will only make matters worse as the circuit owners (doesn't Bernie have a stake?) will have to increase ticket prices which will mean even less attendance.
Let's not forget the average salary in Turkey is a hell of a lot lower than most other European countries.
As we know, all Bernie and CVC care about is income so their strategy is obviously just to push up the hosting fees as much as possible and let those circuits with governments willing to subsidise them hold the races.
The drawback for the fans of course is this will be on anaemic circuits mostly in the middle east.
Still, that's of no consequence when it comes to servicing CVC's debt.
http://en.espnf1.com/turkey/motorsport/story/5309.html
And for those of you who speak Turkish, here's the original article
http://www.hurriyet.com.tr/spor/formula1/13226075.asp?gid=216
Reports in Turkish newspapers state that he has increased the fee to host the Turkish GP from $13.5 million to $26 million for 2011.
Istanbul Park is arguably one of the better of the new Tilke circuits, with a start similar to Interlagos and the now famous turn 8.
It does however suffer from very poor attendance, but this was to be expected considering where it was built; i.e. in the middle of nowhere (I always said they should have built it in the south and then they would have had access to all the holiday makers as well as locals, not to mention all the holidaying well-off Turks).
Doubling the price will only make matters worse as the circuit owners (doesn't Bernie have a stake?) will have to increase ticket prices which will mean even less attendance.
Let's not forget the average salary in Turkey is a hell of a lot lower than most other European countries.
As we know, all Bernie and CVC care about is income so their strategy is obviously just to push up the hosting fees as much as possible and let those circuits with governments willing to subsidise them hold the races.
The drawback for the fans of course is this will be on anaemic circuits mostly in the middle east.
Still, that's of no consequence when it comes to servicing CVC's debt.
http://en.espnf1.com/turkey/motorsport/story/5309.html
And for those of you who speak Turkish, here's the original article
