Are street races financially successful at this point?
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Are street races financially successful at this point?
I am not sure, as a group, they are any more or less successful than any other race. Long Beach is appears to be successful - but not too many others have survived through the years.... I think the biggest problem with street races may be the political volatility which in an of itself makes them financially problematic....Quote:
Originally Posted by SarahFan
I really think it gets down to a well run race can be profitable regardless of the type of circuit (within reason) and a poorly run (or just plain unfortunate) event will lose money on any type of circuit... Indycar needs races with more viable business models regardless of the type if track....
The real question is: Are ANY races financially successful at this point?Quote:
Originally Posted by SarahFan
Indy500 yes, LBGP yes, I heard possibly Iowa.. All others NO. Indycar reminds me of an old financial joke " I lose money on every deal but I make up for it in volume".
My preference would be to bring back two 500 mile race one being at MIS then the classic schedule, Detroit, Toronto, Cleveland, Mid-Ohio and MIS.
can you amagine how horrible it would have been if C^RT had 8 street parades on one calendar. the howls from 16th and Georgetown would have been deafening, giving rise to calls for a new open wheel series.
Luckily we have that new open wheel series, and it actually does already exist since 1996, and it merged with C^RT in 2008.
I think 2012 will be a great year, I can't say the street races were boring this year. However I would like it if in 2013 some ovals on the calendar would return like; Phoenix, Pocono and Michigan.
Actually, it's nothing new. Look at the the 1991 CART IndyCar schedule. There were only 5 oval races (Phoenix, Indy, Milwaukee, Michigan and Nazareth) out of 17 and there were 8 temporary circuits (Surfers Paradise, Long Beach, Detroit, Cleveland, Meadowlands, Toronto, Denver and Vancouver). This kind of scheduling were one of the reasons that lead to the split.Quote:
Originally Posted by bugeyedgomer
And now, there is NO schedule finalized less than four months before the "start" of the season. 50/50 odds the 2012 season finishs. 2013 - no answering the bell, period. To quote "Dandy" Don Meredeth - "turn out the lights, the party's over"
How about a $10,000 bet?Quote:
Originally Posted by Starter
No real surprises...
Provisional 2012 IZOD IndyCar Series Schedule:
March 25 St. Petersburg, Fla. (street course)
April 1 Birmingham, Ala. (road course)
April 15 Long Beach, Calif. (street course)
April 29 Sao Paulo, Brazil (street course)
May 27 Indianapolis 500, In. (oval)
June 3 Detroit, Mich. (street course)
June 9 Fort Worth, Texas (oval)
June 23 Newton, Iowa (oval)
July 8 Toronto, Ontario (street course)
July 22 Edmonton, Alberta (airport course)
Aug. 5 Lexington, Ohio (road course)
Aug. 19 Qingdao, China (street course)
Aug. 26 Sonoma, Calif. (road course)
Sept. 2 Baltimore, Md. (street course)
Sept. 15 Fontana, Calif. (oval)
Provisional 2012 IndyCar schedule released - Racer.com
Not seen anything mentioned on indycar.com though as mentioned in the article.
I've seen the schedule on IndyCar.com yesterday, in the schedules section, but I saw they deleted it today. I expect another street race to be added to the schedule, but I won't be surprised at all if it would be an oval anyway.Quote:
Originally Posted by jwhite9185
The provisional schedule is horrible. As I have said before, for the first time I am not even excited about this coming season of Indycar. I do not want to watch an American version of F1. Hardly any ovals, no Danica, just cant get excited.
NASCAR has 30+ ovals AND Danica!!!
What do you think her odds are to get a win in 2012?
Win the championship?
I know! Im excited. NASCAR is now my favorite form of auto racing. Danica will get at least a couple wins next year, I am excited.Quote:
Originally Posted by SarahFan
So you 100% Danica gets a win?
Right now the Hold Up is Texas. They haven't signed a contract and Randy Bernard is either there or leaving shortly to meet with the boss to hammer out the dealQuote:
Originally Posted by schumacher180
Quote:
Originally Posted by SarahFan
Yep!
Does anyone seriously think that Baltimore is going to happen?Quote:
Originally Posted by anthonyvop
Ehm DanicaFan, what's wrong with 11 road/streets on the IndyCar calendar? I mean IndyCar will probably have races on those courses where we will see a lot of passing or strange things happening, while EVERY F1 race is the same sleepover. Despite the fact IndyCar is having a lot of road/street courses right now, doesn't make it a second F1. It would be a second F1 if in all those races nothing would happen and there wouldn't be any passing. But I'm 100% sure this is not gonna happen. The most boring IndyCar race of this year, is even better then the best F1 race of this year.
And keep in mind that in 2013, oval fans like you could be very surprised with some ovals probably making their return. I prefer oval racing as well, but in my opinion it has to be 50/50. It's not possible right now, live with it!
Why does anyone believe we will see more than 4 or 5 ovals in 2013?
I understand the want... But this has been the trend, ratings and attendance certainly don't dictate a return
Well, at least there have been talks with Chicagoland, Pocono, Phoenix and Michigan, if I'm correct.Quote:
Originally Posted by SarahFan
There has?
$150 million promised by IMSQuote:
Originally Posted by Starter
According to a UM-Baltimore County sports economics professor estimates that the race prompted only about $15 million in additional spending
Further, the race management firm is insolvent and has over $12 million in unpaid expenses, of which the city is owed $1.9 million.
The report says the Baltimore Grand Prix produced $440,000 in admissions and amusement tax revenue for the city, but state comptroller records show that amount is about as much as it collected for the city from sales of tickets and other taxed items during the entire month of September. And the figure is down more than 30 percent from collections a year earlier.
City logistical support for the event and $6.5 million in road improvements had been justified by big economic-benefit projections that did not prove accurate.
"Is this really what we mean by success?" said Coates, with the University of Maryland, Baltimore County.
--I'm pretty sure that the Indianapolis Motor Speedway didn't promise anybody in Baltimore anything.---
1) The CART figures Angstadt used to promote 3 day street festivals
--A what? Never heard of a Baltimore County sports economics professor and I'm pretty sure friends of mine who live there would object strongly to the County having one on the payroll.--
2) The U of M - I'm pretty sure your friends object to education. I've read some incoherent ramblings from B'more fans
--The second part is obviously false--
3) Sue the State for falsifying financial data, see #1
I'm enjoying watching the IRL become what it spent years and hundreds of millions of dollars to destroy.
Are you aware that since the IRL took over the the St. Pete GP, that St. Petersburg has become the saddest place to live in America?
http://www.dailymail.co.uk/news/arti...ine-State.html
What is the average age of a citizen in St Petersburg? Could it be that everyone there is tired of seeing everyone around them dying all the time.
St. Pete has always been a dumpy city. It is actually 2 cities. One part is populated by retires from the North East. The other part is a typical inner-city style slum.Quote:
Originally Posted by bugeyedgomer
Here is how the 2012 schedule will most likely look like when announced shortly. Unless something drastic happens, Texas will announce a 2 race event again this year making the 16 race count that Indycar needs to complete a schedule. That is pretty sad if you ask me.
Here is the 2012 Indycar season schedule..
March 25: St. Petersburg, Fla. (street circuit)
April 1: Barber Motorsports Park (permanent road course)
April 15: Long Beach, Calif. (street circuit)
April 29: São Paulo, Brazil (street circuit)
May 27: Indianapolis Motor Speedway (oval)
June 3: Detroit (street circuit)
June 9: Texas Motor Speedway (oval)
June 23: Iowa Speedway (oval)
July 8: Toronto (street circuit)
July 22: Edmonton (street circuit)
Aug. 5: Mid-Ohio Sports Car Course (permanent road course)
Aug. 19: Qingdao, China (street circuit)
Aug. 26: Infineon Raceway (permanent road course)
Sept. 2: Baltimore (street circuit)
Sept. 15: Auto Club Speedway (oval)
And the season will already end in September. But that also happened in 2006, 2007 and 2008, so that's nothing new. I like the schedule, as it's having enough street races. I like the racing on permanent road courses as well, but if I've to make a choice between permanent or temporary street courses, I definitely choose for that last one. It's also nice that the season will end at the Auto Club Speedway, where the season also ended in 2005. The season finale will be a night race again, like it was in 2010 at Homestead. :)
The Baltimore Grand Prix website has been down for a couple of days now.Quote:
Originally Posted by Starter
Still having financial problems at Baltimore. Not good. Baltimore Racing Development has until December 31st of this year to pay back more than a million dollars in taxes.Quote:
Originally Posted by Lee Roy
Texas will also host one race there on June 9th, no more twin race gimmick. Im glad, Texas was always a good race, there was no reason to mess with it.
Totally agree with you, DanicaFan. I'm glad the 228-lap race is back.
Quote:
Originally Posted by bugeyedgomer
Really wouldn't take anything that 'newspaper' says seriously...
I will respectfully disagree. I have watched all of Formula 1 2011 races and most of IndyCar. Most of IndyCar street and road course races had been a big yawner, a parade show with some bumping action. Add to that F1's beautiful and unique cars of each team, beautiful venues, and action packed qualifiers, and the IndyCar is becoming a relative bore. At this rate, I might stop watching IndyCar after 2012..Quote:
Originally Posted by schumacher180
There are not enough _exciting_ street and road courses in IndyCar IMO. I also don't like the abundance of street courses. They should be kept down to 2-3 really good ones. The race cars simply don't shine on those. Compare to F1, with only 3 street races in 2011. Out of those, the Monaco GP and Singapore were fine. Only the European GP was kind of boring to see.
The season finale might be held on a street circuit in Fort Lauderdale, BUT Milwaukee might be on the calendar as well! :D
IndyCar season may conclude in Fort Lauderdale | The Indianapolis Star | indystar.com
Don't know about the rest of you but even knowing its another race it's hard to get excited about another street race
I agree with that. I would love to see Milwaukee back but I have no interest in another street course....yawn...Quote:
Originally Posted by SarahFan
If you want to end it in Florida, go to Homestead-Miami, another oval!
Agree with you for 100%! Bring back Homestead! (And many other ovals...)Quote:
Originally Posted by DanicaFan
I'm not excited about that street race (however I prefer a street race instead of a road course), but I'm very excited about Milwaukee. Despite it's not official yet, there's at least some hope!Quote:
Originally Posted by SarahFan
If you need to add a race to keep izod happy then run the ims road coarse ... Sell $10 tickets if you bought a ticket to to the 500...
You'd get 60k or so .. Another mil in suites ...
Thats 7mil.... Say it costs 5 mil to run/promote ..
Now you've 2 mil to throw at series promotion
60k at IMS looks about the same as 15 at Milwaukee. Besides, that wouldn't be a street course. Hasn't a rule been passed that they can only add races that are street courses or something? Every potential race being talked about anymore is a street course. IndyCar seems to have been updated with a CC V2 patch.Quote:
Originally Posted by SarahFan