Isle of Man TT world series plan remains viable, says minister
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RE: Isle of Man TT world series plan remains viable, says minister
(05-12-2014, 06:41 PM)c iom tt Wrote: Without trying to sound patronising, for those of us that run and own our own business, and have to put our OWN Money on the line during the course of it, this is never going to fly.
The ONLY way for this to work is for some rich country to put up a stupid amount of money to run a round and cover the fees. How many countries fit that profile?

This is where I don't think the whole thing has been thought through properly at the start.  Governments get involved in the funding of hosting F1 events because of the perceived kudos in having it in their country (the UK is an exception) and new markets are generally dictated by the potential size of the TV audience.

Would an overseas governement fund a TT World series meeting?  I'm not sure about that, which leaves private enterprise.  A private investor is going to want to turn a profit after they've paid the DED.  As all the marketing of products, broadcasting etc usually drops into the bank account of the commercial rights holder, how are the hosts going to make money?

Going back to F1, the only revenue Silverstone are able to get from hosting the GP is gate receipts.  You only have to look at the Irish scene to see how difficult it is to get everyone to pay to watch a pure road race.
05-12-2014, 07:07 PM
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RE: Isle of Man TT world series plan remains viable, says minister - by sticky - 05-12-2014, 07:07 PM



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