Quote:
Originally Posted by migol24
But why would they build something if they weren't sure people would attend, or what's more, not make money? I dunno, but aren't the businessmen who brought F1 to Austin, business-savvy enough to know if it would or would not make them money? Or how does this work? Did the planners know this would happen but figured a way to make a profit out of it? I don't get it, I guess is what I'm saying.
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Advertisers will make it profitable for the track owners. Few Nascar races are officially named after the track. A well know example is the Showtime Southern 500 which takes place at the historic track in Darlington. Showtime paid lots of money for the naming rights.
The US Grand Prix will take place at the Circuit of the Americas, wherever that is (big hint = Austin). Do you know where the F1 tracks called Spa, Silverstone, or Monza are? Be fair, without doing a google search....
Some will know Spa is in Belgium, but will most fans know the nearest city?
Some will know Silverstone is in England, but will most fans know the nearest city?
Some will know Monza is in Italy, but will most fans know the nearest city?
Likewise, some will know the Circuit of the Americas will be in the USA, but will most world fans know that it occurs in Texas near Austin?