Grand Prix de Formule 1 de Montréal

[WestAust]

LTS: it's more complicated than that

 

Travel expenses, all teams are allocated a budget by FOM and everything over that is paid by the team. The teams front the money and pay for their expenses, if they get at least 1 point during the season, they get part of that money back, and their share grows with the number of points.

 

There is all the TV production that is handled in house, so TV fees covers it.

 

There is money paid to the FIA for all the scrutineering/race control fees.

[ErickMontreal]

Grand Prix of Canada to roar no more

Canwest News Service Published: Tuesday, October 07, 2008

MONTREAL - The decision to drop the Grand Prix of Canada from the 2009 Formula One calender is likely irreversible, according to a top Canadian delegate to the Federation Internationale de l'Automobile.

 

"It was voted on [yesterday] by the FIA and that's really the end of it," Roger Peart, president of the FIA's circuits commission, said. "It's a done deal.

 

"It's sad news for Montreal. It's sad for racing in Canada and I don't think anyone can do anything about it."

 

The decision by FIA's World Motor Sport Council means there will be no F-1 race at Montreal's Circuit Gilles Villeneuve for the first time since 1987. It also means there will be no F-1 race in North America.

 

The FIA gave no reason, at least not publicly, for its decision to drop the Montreal race. The Grand Prix of Canada originally was on the list of races on a provisional 2009 schedule released in June.

 

"We want to know from the people at the Grand Prix what is going on," Quebec Premier Jean Charest said.

 

Yesterday's revision now allows teams a summer break following the Budapest, Hungary, race on July 26. Racing resumes with the Valencia, Spain race on Aug. 23.

 

The decision also allows the series to remain at 18 races, one less than the 19 announced when the provisional schedule was released in June. The season finale will take place on Nov. 15 in Abu Dhabi.

 

Normand Legault, president and chief executive officer of GPF-1 Inc., the promoter of the race, was not immediately available for comment. His organization apparently was caught by surprise.

 

Legault has called a news conference for today, when he is expected to explain the FIA's decision.

 

Legault will also discuss what he plans to do, if anything, to keep the race, especially in the wake of the more than $5-million from various levels of government being spent this year to upgrade facilities at the track in time for the 40th anniversary of the race, and the 30th at the track.

 

"I'm an optimist and as a result of that we'll wait until Normand Legault has an opportunity to speak to [F-1 boss] Bernie Ecclestone and then we will see what we can do from there," Montreal Mayor Gerald Tremblay said.

 

The Montreal race had attracted more than 300,000 spectators for the three-day race weekend every year since 2001. There was a record-tying crowd of 121,000 for race day this year.

 

FIA president Max Mosley said yesterday that Formula One must slash costs by 2010 or face serious problems. He told the BBC that the global credit crunch had only made matters worse for the big-spending sport and there was a serious risk of some teams walking away if matters were not taken in hand.

 

"At the moment we've got 20 cars," Mosley said. "If we lost two teams, we'd have 16. [if we lost] three teams [we'd have] 14. It then would cease to be a credible grid."

[mcgill]

Could FIA be jealous of the growing support for NASCAR?

As in "We don't want to share a track with NASCAR".

[Habsfan]

Could FIA be jealous of the growing support for NASCAR?

As in "We don't want to share a track with NASCAR".

 

 

Nope, i seriously doubt it! NASCAR and F1 don't compete in the same markets (except Montreal, and even here, NASCAR doesn't even compare to the F1 in terms of the size of the event. NASCAR doesn'T bring in 75 to 100 million$ like F1 does. It's probably only a fraction of that amount! Nothing to worry the F1 people!

[Habsfan]

Fuck you bernie ecclestone, and you fuckin piece of shit bandits.

 

I hope he dies of a heart attack! That greedy old bastard!

[ErickMontreal]

C`est la fin pour Montreal, Normand Legault se retire.

 

Décision irrévocable basée sur des différents commerciaux.

[ErickMontreal]

Le seul espoir serait un OSL géré par les gouvernements.

[Malek]

en direct: http://lcn.canoe.ca/lcn2/index.html

[monctezuma]

I hate this city..I hate the lack of big thinking.

 

I don't think it has something to do with the city.

 

It's this old bastard Ecclestone. He wants 100 millions. Would you give that to him ? Or would you put it in healthcare, education, roads, etc. ??

 

Singapore and Bahrein don't have healthcare and education, they can afford a Grand Prix.

 

It's a lot more than The city. It's our whole system that is the way it is.

 

Personnaly, I prefer having free medicare and cheap CEGEP and university than a Grand Prix.

 

The GP is a huge loss for this city, but for once, it ain't our fault. There is nothing we can do unless going at BMO or RBC and ask for a 100 M$ loan every year for the next 5 years, and after, it will be 200 M$ per year and on and on until we have to pay a CHUM every year to keep the GP.

[ErickMontreal]

The GP is a huge loss for this city, but for once, it ain't our fault. There is nothing we can do unless going at BMO or RBC and ask for a 100 M$ loan every year for the next 5 years, and after, it will be 200 M$ per year and on and on until we have to pay a CHUM every year to keep the GP.

 

Les trois paliers de gouvernement peuvent développer un OSL, les coûts seraient autour de 40 millions. Donc, au bout du compte je n`ai aucun problème à voir les gouvernements se mettre le nez la dedans.

 

La visibilité de ceci n`a pas de prix !