Year after year and as F1 China Can Say No!

By Professional editor working for injection moulding plastic.

Chinese F1 Grand Prix has been held for six years, next year, in October 2002 marked the 2004 owner rushes in 2010 the first things "unequal" agreement is about to expire, whereas the F1 to use every opening to one time afresh come to out to China the olive agency in good belief, I wish Shanghai will extend to under a agreement marked, but the future taking into account the critical financial position and the rank of events in China, China should be to have the bravery to state no to F1.

All earnings acquired proceed FOM

With the withdrawal from Sinopec, Shanghai F1 this year has been to free-spoken in the past the CCTV in the past the naming rights traded to Shanghai Automotive, Shanghai Television Bridgestone traded the naming rights, simply to receive into the advertising earnings, close to on the point in time "bare Ben. " Although from the sponsor and the fiscal calamity, but also from the other hand demonstrated that motor recreational activities sponsorship in China is not cost-effective at all, goods effected is far smaller diagram than the input.

China is rushing to be the development of the district, and its mass groundwork was somewhat weak. FOM of "unequal treaties" is even poorer, the international announced incomes, 10 groups of which 47 per hundred share, while the residual 53% of total earnings by FOM capsule, the sub-circuit flats less than a penny. As for all rushes the right to topic cash to pay the tender (subject to each Sponsor ~ 8,000,000 extending from 40 million U.S. dollars), the pathway, for example advocating income, and even sub-teams are not, proceed to FOM. (Note: FOM for the F1 administration company)

China is fully F1 emboldened to say "no"

In detail, the significance to the Chinese market and the attractiveness of the game solely with the power of FOM. Canada has broadcast that from 2009 onwards, no longer contain F1 rush, the French positions are furthermore omitted, even Germany is furthermore at stake. If we misplace the Chinese market, F1 or even take a long time to recover.

In addition, in 2009, China replaced the United States is likely to become the world's largest auto market, is the world's only car, "Noah's Ark." Such great potential, F1 can not be ignored. This solid foundation, China is fully F1 emboldened to say "no." FOM can loudly shouted: "show their sincerity, let us participate in revenue sharing. - 21392

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