Formula One Sold
Thread Starter
Joined: Jan 2001
Posts: 45,923
Likes: 8,395
From: Mish-she-gan
Joined: Oct 2002
Posts: 22,673
Likes: 490
From: St-Redempteur,Qc.
Joined: Mar 2007
Posts: 224
Likes: 10
From: Indiana
I am far less worried about whether Bernie stays or goes. For all his power-hungry, greedy intentions at least you knew what you were getting with Bernie. My worry is with a media group as owners and what it may do to TV coverage. I would hate to think F-1 would end up on a premium cable outlet, or God-forbid broken up on various channels like NASCAR / IMSA has done with sports car racing.
Rex
Rex
Thread Starter
Joined: Jan 2001
Posts: 45,923
Likes: 8,395
From: Mish-she-gan
I am far less worried about whether Bernie stays or goes. For all his power-hungry, greedy intentions at least you knew what you were getting with Bernie. My worry is with a media group as owners and what it may do to TV coverage. I would hate to think F-1 would end up on a premium cable outlet, or God-forbid broken up on various channels like NASCAR / IMSA has done with sports car racing.
Rex
Rex
Moderator
Joined: Sep 2004
Posts: 109,435
Likes: 1,651
From: SJC
I am far less worried about whether Bernie stays or goes. For all his power-hungry, greedy intentions at least you knew what you were getting with Bernie. My worry is with a media group as owners and what it may do to TV coverage. I would hate to think F-1 would end up on a premium cable outlet, or God-forbid broken up on various channels like NASCAR / IMSA has done with sports car racing.
Rex
Rex
I had said the following in another
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.
Thread
Thread Starter
Forum
Replies
Last Post