Category: 
May 23, 2009
Chinese F1 Grand Prix has been held for six years, next year, in October 2002 signalled the 2004 host drives too fast in 2010 the first item “unequal” contract is come seal to expire, even so the F1 to exercise every area to once again come out to China the olive split in good faith, I hope Shanghai will reach to below a contract signalled, but the future taking into account assertion the serious fiscal circumstances and the relative standing of functions in China, China ought be to have the spirit to say no to F1.
All profits earned go FOM
With the departure from Sinopec, Shanghai F1 this year has been to open before the CCTV before the calling privileges traded to Shanghai Automotive, Shanghai Television Bridgestone traded the calling privileges, only to get into the advocating income, nearly on the stage “bare Ben. ” Although from the sponsor and the financial urgent position, but furthermore from the other hand displayed that engine games sponsorship in China is not cost-effective at all, yield is far less than the input.
China is driving too fast to be the expansion of the region, and its mass foundation was relatively weak. FOM of “unequal treaties” is even more sick, the global advertise revenues, 10 teams of which 47 per 100 portion, where the remaining 53% of total profits by FOM capsule, the sub-circuit cubicles smaller diagram than a penny. As for all drives too fast the right to subject currency to compensate the bid (subject to each Sponsor ~ 8,000,000 ranging from 40 million U.S. dollars), the track, such as advertising earnings, and even sub-teams are not, go to FOM. (Note: FOM for the F1 authorities company)
China is fully F1 emboldened to say “no”
In detail, the significance to the Chinese market and the attractiveness of the game solely with the power of FOM. Canada has broadcast that from 2009 onwards, no longer contain F1 rush, the French positions are furthermore omitted, even Germany is furthermore at stake. If we misplace the Chinese market, F1 or even take a long time to recover.
In supplement, in 2009, China restored the United States is expected to become the world’s biggest auto market, is the world’s only vehicle, “Noah’s Ark.” Such large promise, F1 can not be ignored. This solid base, China is completely F1 emboldened to state “no.” FOM can blaring shouted: “show their genuineness, let us take part in income sharing.