View Single Post
Old 23 Jun 2011, 15:57 (Ref:2904790)   #802
Flyin Ryan
Veteran
 
Join Date: Sep 2008
United States
Carolina del Norte
Posts: 944
Flyin Ryan should be qualifying in the top 10 on the grid
Quote:
Originally Posted by BobHWS View Post
No chance of getting a better deal from Bernie now. That ship has sailed.

The way that Montreal got a better deal ($15M/year vs. Austin's $25-30M/year) was to call Bernie's bluff when he tried to triple their rights fee after the 2008 race. Montreal told Bernie they could live without F1 and so they lost the race in 2009.

A year later, under pressure from the teams and the falling popularity of races in nontraditional locations, Bernie realized that F1 needed Montreal more than Montreal needed F1 and so he had to give Montreal the same deal ($15M/year) that it had offered during the negotiations in 2008. I think it's the only time in Bernie's life that he lost a negotiation.
I think the USGP leaving Indianapolis went the same way. Bernie tried to up the rights fee and George said no and walked away. F1 resolution going on now by the way, if you go to bjohnsonsmith's Twitter link the latest tweet provides an audio link.
Flyin Ryan is offline