F1 just got bought out
#1
F1 just got bought out
It's going to be American owned!!!!
http://finance.yahoo.com/news/libert...45035--f1.html
Could be bad, or good... but definitely different.
http://finance.yahoo.com/news/libert...45035--f1.html
Could be bad, or good... but definitely different.
#2
Former Moderator
^ I think it will be both. Bernie is supposed to stay on for another 3 years to "ease" the transition I'd think.
Hopefully they move to webcasting race weekends, so I can cut the cord with cable companies. I think a dose of American ingenuity will do a world of good for the sport. Hopefully more races state-side and a return to the renowned tracks of yore compared to say a Baku or whatever Tilke-architectured modern marvel we get to see. I hope this means, Monza, Silverstone and Spa are secured and maybe a return to Magny Cours and Watkins Glen while I can wish
Hopefully they move to webcasting race weekends, so I can cut the cord with cable companies. I think a dose of American ingenuity will do a world of good for the sport. Hopefully more races state-side and a return to the renowned tracks of yore compared to say a Baku or whatever Tilke-architectured modern marvel we get to see. I hope this means, Monza, Silverstone and Spa are secured and maybe a return to Magny Cours and Watkins Glen while I can wish
#3
Moderator
Discussed this with another bunch of deviants and cretins gentlemen and ladies of excellent manners and hygiene:
Liberty will do one of two things:
1.) Restructure the merchandising so that every kid on every continent has an F1 hat, F1 shirt, F1 backpack, and his dad drinks every booze on the side of an F1 car.
2.) Kick out all vestiges of Bernie's reign, maximize efficiencies, and flip it.
Liberty is a media holdings company. My hope would be that they restructure TV rights to make it on demand and Internet ready, but given the amounts necessary to even stage the races, I'm doubtful. Running an actual sport for the sake of making it interesting is not a core competency as far as I can tell. Bernie, for as much of an asshat as he is, had the venues by the short and curlies.
The fandom is already getting traction, it's a matter of my first point, and making it NASCAR-sized on the contracts. I think Webcasting may be difficult to upsell when the rate of return on Internet-based anything is 10-20 points lower than traditional TV. So, this will be fun to watch. Liberty has had some decent ability to flip media properties. Simply bringing operations to the U.S. could find 10% lower operational costs depending on how they do it.
1.) Restructure the merchandising so that every kid on every continent has an F1 hat, F1 shirt, F1 backpack, and his dad drinks every booze on the side of an F1 car.
2.) Kick out all vestiges of Bernie's reign, maximize efficiencies, and flip it.
Liberty is a media holdings company. My hope would be that they restructure TV rights to make it on demand and Internet ready, but given the amounts necessary to even stage the races, I'm doubtful. Running an actual sport for the sake of making it interesting is not a core competency as far as I can tell. Bernie, for as much of an asshat as he is, had the venues by the short and curlies.
The fandom is already getting traction, it's a matter of my first point, and making it NASCAR-sized on the contracts. I think Webcasting may be difficult to upsell when the rate of return on Internet-based anything is 10-20 points lower than traditional TV. So, this will be fun to watch. Liberty has had some decent ability to flip media properties. Simply bringing operations to the U.S. could find 10% lower operational costs depending on how they do it.
#4
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I watch all of the F1 races over-the-air via one of our local Spanish language stations. Even when they show 2 races a year on NBC I'll still watch it on the Spanish station and I can't speak the language.
I hope that does not change. I don't have nor do I plan on getting cable TV.
However...
Much like ESPN moving everything they get their hands on to cable [Wimbledon, The US Open, College Football Championship] I get the feeling my over-the-air F1 ride will come to an end once this deal is completed.
IMO lack of over-the-air programing hurts sports in the long run.
I hope that does not change. I don't have nor do I plan on getting cable TV.
However...
Much like ESPN moving everything they get their hands on to cable [Wimbledon, The US Open, College Football Championship] I get the feeling my over-the-air F1 ride will come to an end once this deal is completed.
IMO lack of over-the-air programing hurts sports in the long run.
#5
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