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Problems with SGP


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On 8/18/2025 at 4:52 PM, Humphrey Appleby said:

It wasn't IMG/BSI who took the financial risk going to New Zealand and the 2002 Australian GP, but the local promoters as far as I remember. 

How did the GP actually benefit the sport in these countries? I didn't see any particularly increased media coverage, nor any evidence of increased domestic audiences - then or now. 

I seem to remember the attendances - at least for some of the Antipodean GPs - were relatively decent but nowhere near enough to make the events viable in the stadiums they were being held in. I think part of the problem was that after the initial novelty wore off, the crowds never picked up... 

 

I don't know the finances but I would bet the BSI did take a share in the financial risk even if the local promoter had the most to lose.

I am not suggesting a GP is going to cause a surge in domestic audiences but it can only have a positive effect.

I don't think holding a gp in USA/Argentena/Australia/New zealand will be a profitable event, unless you take into account growth of the sport and sponsorship. The same could possibly be said for UK(if it was a single event), Latvia, Italy, Slovenia, Croatia and Russia. Discovery failing to grow the series is now causing them sponsorship problems.

 

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