[bjohnsonsmith]

Originally Posted by Teretonga

If there is no WDC there is no money for Bernie or CVC, they are out of a job and out of pocket....

In that case the events that would survive are those with tradition or great gobs of prize money......
There would be no mechanism to force teams to attend. They would only attend races important to them commercially or in a sporting sense.
You would be requiring teams to spend vast sums to compete but no way to enable them to raise the vast sums of money in sponsorship.
The only comeptitive teams would be the a handful of cars at the front and they would need to be supported by outside sources (outside of an F1 industry or commercial sponsorship).

So the result would be a fragmented 'Grand Prix' industry
A reduction in the breadth of competitive fields
A probable reduction in the number of significant grand prix events
A huge drop in the number of significant teams running in grand prix,
A drop in the number events with all the major players contributing
A 'poorer' motor racing industry in the UK

That would put alot of people out of work.