Some F1 Races May Be Canceled Due to Giant Coins

With the Canadian Grand Prix on Sunday, the ninth race of the season will be held, and the growing popularity of Formula 1 and the huge amount of money paid are expected to decrease the number of Grand Prix held in Europe.

It is becoming more and more popular in the global sense with each passing day. Formula 1In a very short time, it has become a sport with big money. According to experts, because of this popularity, it is considered the heart of F1. European GPs some were postponed for a few years or even never done again.

Formula 1 has more expensive and longer deals with circuits. With the limited number of places on the calendar, it is clear that other countries have to pay large sums. Even Formula 1 management, Turkey’s to be included in the 2022 calendar. $40 million annually He asked for a fee and it was not possible to race in our country this year due to the very high fee. had been disclosed.

Long-term deals are made for big money

F1 on Thursday of the Australian GP Signed a new agreement to be held in Melbourne by 2035 and stated that the deadline 10 years announced the extension. Saudi Arabia The duration of the contract with the company is more than ten years and per race 50 million pounds is worth. Qatar will begin its 10-year deal next season by paying a similar amount. At the end of last year, Abu Dhabi also extended his contract for ten years. All this shows how much the F1 administration cares about money.

The increase in interest in F1 is welcome but could be done as part of a commercial agreement with the teams. maximum number of races 25 and the calendar for 2023 has already started to take shape to exceed this number. There will be 22 races this season and at least one race must be canceled next year in Las Vegas, Qatar, South Africa and a return to China if COVID regulations allow. Frankly, it’s clear that F1 won’t mind giving up big bucks and long-term deals. Therefore, it became a matter of great curiosity in which country the GPs would be cancelled.

Races in France and Belgium may be cancelled.

F1 France Track

allegedly France Monaco and in spa in belgium GPs are among the races that can be cancelled. Again, according to the allegations, these two runways alternately every two years It can host the Grand Prix. The Belgian GP is expected to be canceled last year due to heavy rain during the race at Spa and spectators’ problems with the muddy terrain surrounding the track.

Ever since Formula 1 races began in North America, Monaco’s glamor began to fade day by day. That’s why GPs in France are not as interesting as they used to be and races here may be cancelled. Moreover at Paul Ricar It is said that the French GP, which will be held every two years, can also be held.

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Hosting fees are one of the three biggest sources of revenue in Formula 1, along with TV rights and marketing fees. After the troubles in the global economy, it seems quite normal that F1 management wants to make contracts with high and net wages. Many countries in Europe and even the world can maintain their place on the calendar, but it is quite clear that the 20-25 races to be held every year will tire the pilots a lot.

Source :
https://www.theguardian.com/sport/2022/jun/18/f1s-global-popularity-puts-classic-european-gps-at-risk-of-being-dropped


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