Quote Originally Posted by truefan72 View Post
exactly

facebook, twitter and other social media are conduits to the making money and not money making vehicles themselves
access to their huge numbers means you can direct folks to your website,. and in the case of F1 hopefully a superb website ( which is currently severely lacking)
Social media are like heavily traveled roads and advertising opportunities that should interest and then lead the masses to your site.

What Bernie and f1 are saying is; "I'll build this great resort and amusement park, but could care less if there are no roads, ships or trains going to it, and no airport either.
But there is a landing strip for private jets and a heliport for the rich and famous"
yeah, that business model is doomed to fail.

As Henners said, at the very least they can have their own youtube channel.
And i myself have said I don;t mind parting with a few dollars if I could get some great videos and a better product.
Relying on the individual broadcast partners is a fairly useless system.
I know sky has the red button and some enhanced features, but from what I understand that comes with a steep price and is available only to IK viewers.
Here in the states NBC sports are doing their sorry best, but it falls far short from a compelling product.
They need to offer a strong package for internet viewers. and I won;t mind paying for a good HD package for the weekend that includes all 3 FP sessions, Qualy and the race.
Now i wont do it for all the races, but enough to make it worth their while.
Or even if they have a decent archive section, where you can pay to see some older races would be helpful.

oh well

This is without doubt an area where Formula 1 could improve. Not accepting the new media options is a bad move. Reliance on TV viewing only had promoters only pushing the channels, not the sport. Great points all around on the marketing approach that could be much better.

But in reality, how many people Bernie's age really accepted social media? I would have thought that with the tech on the cars he would have accepted and embraced it, but he hasn't.




Quote Originally Posted by steveaki13 View Post
Amazed really.

I mean you are charged and rather than face a trial you can just pay a bribe to get off a bribe. I mean I assume Bernie couldn't do the same if he had been charged with murder?

Anyway, I wonder which direction F1 will take after Bernie passes on or retires (which doesn't look likely)

Could it return towards a more basic motorsport in terms of layout and format or will it continue down the show route.

It's rare that a person can settle out of court if there is any strong case against them. Knowing BE has money, it would cost huge amounts to take his case to trial, at the risk of no recovery of money if he isn't proven guilty. Likewise Bernie knows being tied up in courts all costs him a great amount of money, time, frustrations, etc.

If you got charged with a traffic ticket for a minor offense would you waste countless time proving your innocence, or pay the small fine the way many people do? Being someone with a lot of money, Bernie's life is a lot easier just settling things out of court. He doesn't have much time left to spend his billions as it is, why waste some of that time?