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F1 in India.. what waste of money !


Ram

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We have already covered this - read the last page. Do you think that only millionaries lay tarmac for F1 circuits? Do you think money in the hands of Mumbaikars wont find its way to shops, and then to farmers? Do you think an F1 track dosent need janitors and stuff? Seriously - wtf?!
lol..that is an absurd post, sorry to say. Let me put it this way. A F1 tarmac and 100 janitors and staff(not that they would be that many but still) would still NOT be a patch on perhaps 2 stadiums(not to mention many small grounds), 10,000 groundsmen/people who directly or indirectly depend on their livelihoods on cricket in Bombay. Never heard anyone suggest that cricket has "made" Mumbaikar rich! :haha: xx
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Never heard anyone suggest that cricket has "made" Mumbaikar rich!
because in cricket, 100,000 tourists dont show up to Mumbai, pump insane money into mumbai economy like F1 does everywhere...i think you are now deliberately ignoring my points where all this has been answered.
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It is NOT a spending..it is an INVESTMENT FFS !
Give me a effing break! Investment in Bahrain?? Okay go ahead and show me a RETURN on INVESTMENT on that one. Since the ONLY line thus argued is Investment..Investment and so on why don't you all show me where your mouth is. Show me RETURN on INVESTMENT, specially in a place like Bahrain. As they say put up or shut up. xxx`
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Gorah and CC made some good points. Nice to see CC not acting like a typical commie this time :hysterical: $$$ makes the world go around :clock:
Do not pin your misundestandings on me- i am not a commie. I am a progressive socialist. Big difference to people who know the difference! I have said- i have no problems making money when everyone wins...which is perfectly demonstrated by F1. I have a problem when money is made at the expense of basic services like education,healthcare,social services etc...
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Really' date=' because about four people in this thread think your posts are absurd.[/quote'] And if there were 4 more people on my side(thus making 5 as against 4 of you) would you have changed your stance? If No then what was the point of that? Absurdity again perhaps? xxx
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Okay go ahead and show me a RETURN on INVESTMENT on that one.
Bahrain GP reeled in over 50 million this year...if the investment is akin to 200-300 million bucks...you do the math for how long it takes for the investors to break even and then make money ! In India (or if Bahrain had income tax), it'd be built by taxpayer's money...and then every year 50-60 million bucks going back DIRECTLY to the people...PLUS tv rights...its not just return on investment..its the sweetest effing return on invetsments imaginable! Put it this way..if India builds an F1 track and the first year is a success, i'd be putting my money into India's F1 scene as an investor...
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because in cricket' date=' 100,000 tourists dont show up to Mumbai, pump insane money into mumbai economy like F1 does everywhere...i think you are now deliberately ignoring my points where all this has been answered.[/quote'] That is because you do NOT understand my point and harp on your usual stance. My argument on Mumbaikar not getting rich was straight up against tarmac, janitors etc etc as suggested by GP. The "needy" Indians. Not sure why that was so hard to understand? xxx
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Why should I assume that Indians will become great at F1 is there is a F1 tournament in India? Would Indians become great at NBA as well if NBA was brought to India?
Absolutely. Take the example of Yao Ming and China. Viewership ratings for Rockets matches and NBA games in general have seen a perpetual increase since 2003. More and more kids are taking up the sport as a result, and NBA exhibition matches in China generate a great deal of interest amongst the younger generation. PS; the #3 pick in the NBA draft this season after Oden and Durant was a Chinese kid. There is your answer right there. Would Indians become great at basketball if the NBA was brought to India ? At first no, eventually YES !
Heck by all accounts basketball is indeed more popular in india than F1
According to who ? You ? There is no way in hell that the NBA is more popular than F1 in INDIA. Primarily because of the time-difference. 91 million viewers mate, 91 million. Find me ONE sport in India besides cricket which generates that kind of interest.
Surely 90 plus million viewer base would have translated into something substantial? No?
ONLY if the sport finds a niche in India - and this will only be achieved through investment and persistent backing. Otherwise, viewership is just viewership and nothing more.
China is obviously an exception. They are second strongest sporting country today perhaps on way to becoming number 1. It is ridiculous to compare India with China. Turkey probably has European influence as F1 is HUGE in India. Bahrain..Tons of money to spend and nowhere to spend it at. Anyway those are my thoughts. There may be a reason why these countries support F1. Regardless I am not sure how you can compare India with them xx
These countries - like India - have no presence in F1. No driver, no team, no nothing. India in fact, is probably in a better position than all of them combined because we've produced a racer whereas they haven't. There are more reasons why F1 could be a resounding success in IND than in those countries. Bear in mind that I am making the comparision solely in terms of the countries' respective standing on the F1 scene.
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That is because you do NOT understand my point and harp on your usual stance. My argument on Mumbaikar not getting rich was straight up against tarmac, janitors etc etc as suggested by GP. The "needy" Indians. Not sure why that was so hard to understand? xxx
And the thousands of hoteliers, the staff working in them, the restaurants, the tourist companies etc. arnt 'needy' Indians ? Whats so hard to understand that your cricket example is inapplicable because unlike cricket, F1 has 100s of thousands of TOURISTS show up along with many many really rich technical personnel, engineers, drivers, pit crews etc etc ?! How is that comparable to a few thousand non-locals showing up for a 1 day event and 99.999% money made through tv rights that are channeled to some politician's funds ?
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Do not pin your misundestandings on me- i am not a commie. I am a progressive socialist. Big difference to people who know the difference! I have said- i have no problems making money when everyone wins...which is perfectly demonstrated by F1. I have a problem when money is made at the expense of basic services like education,healthcare,social services etc...
Bada touchy ho gaya us atheist walle thread ke bade :hysterical: :P Thoda pyar se mane tuje commie bola aur teri g@nd phat gaye :P:shades_smile:
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lol..that is an absurd post, sorry to say. Let me put it this way. A F1 tarmac and 100 janitors and staff(not that they would be that many but still) would still NOT be a patch on perhaps 2 stadiums( :haha: xx
You do know that an F1 racing track can hold up to 50,000 spectators and more ? China's recently constructed Shanghai racing circuit has a capacity of 200,000. Cricket stadiums are nothing by comparision
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Let me put it this way. A F1 tarmac and 100 janitors and staff(not that they would be that many but still) would still NOT be a patch on perhaps 2 stadiums(not to mention many small grounds)' date=' 10,000 groundsmen/people who directly or indirectly depend on their livelihoods on cricket in Bombay.[/quote'] So, you wanna sniff at employment now becuase its 'too small'. Well, in that case, lets boot out all those car manufacturers who use robots. Thats sure to make Indians rich! Fact is, you have made nil sense so far. You seem to be mistaking the word 'spend' for 'invest', else I cant see what possible objection you could have. Even if rich people re-coup the money - so ****ing what - its their money! And you seem to be now under-estimating how wealth trickles down into secondary employment.
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I have no problems with investments of these kinds but from the looks of it this investment is coming from a sporting body and not a tourism/commerce body. Given the fact that there is a finite amount of money allocated to sporting bodies their first priority should be to look after the well being of sports in India. It doesn't seem like that's happening here. If it were a private investor, Ministry of Tourism/Commerce etc. doing this I would really welcome the move but in the present context other sports are getting shafted with a sport confined to the living rooms of the upper middle class.

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