Near impossible at this point in time, the Victorian State Government have stated that once the 2014 deadline approaches before expiry in 2015 they will not re-new unless the FoM drops their participation and licensing fees which Bernie will never do.RicME85 wrote:For the big payout when they decide they no longer want the race so have to cancel the contract?
On the contrary, the reason for making such an offer is precisely because other countries want to host F1 races. No one with any sense will sign a 50 year contract for a F1 race. Bernie knows this and knows that the Aussies will have to say "no thanks". That then frees up a slot in the calendar which can then be sold to a country that is prepared to pay FoM silly money for a race - and definitely lots more than the Aussies will be paying for their race slot.Hail22 wrote:The only reason he would offer such a deal is because other countries have decided to call it a day from Formula 1?
Good thinking right there.Just_a_fan wrote:On the contrary, the reason for making such an offer is precisely because other countries want to host F1 races. No one with any sense will sign a 50 year contract for a F1 race. Bernie knows this and knows that the Aussies will have to say "no thanks". That then frees up a slot in the calendar which can then be sold to a country that is prepared to pay FoM silly money for a race - and definitely lots more than the Aussies will be paying for their race slot.Hail22 wrote:The only reason he would offer such a deal is because other countries have decided to call it a day from Formula 1?
He gets to look like the good guy whilst the current Aussie GP guys get to look "ungrateful" etc.
It's exactly the sort of game that Bernie plays.
I doubt it would be about holding the F1 race in Adelaide after 2015, if that's what you're alluding to?seventhsin wrote:I've heard a rumour there was an announcement made at the Adelaide Clipsal 500 yesterday.
