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…
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.
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.
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.
Mercedes the company put a boatload of money into the German GP and lost a fair amount of it.
“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.
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.
