I was reading somewhere about Bernie E going over Cart's financial statements (supposedly in an effort to decide what if any offer he was going to make for the series).
Now you have to consider where Bernie is coming from. He has become fantastically rich off of F1 (selling the rights).
I can hear him asking:
Cart has to pay to get on TV?? How much?
Cart has to pay teams to participate in the series?? How much?
What revenues does Cart get for putting on a race?
Now considering how much F1 gets paid to get on TV and the financial standing of some of it's teams and how much of a fee F1 gets paid for putting on a race, can you imagine his reaction to the current financial situation Cart is in?
Now you have to consider where Bernie is coming from. He has become fantastically rich off of F1 (selling the rights).
I can hear him asking:
Cart has to pay to get on TV?? How much?
Cart has to pay teams to participate in the series?? How much?
What revenues does Cart get for putting on a race?
Now considering how much F1 gets paid to get on TV and the financial standing of some of it's teams and how much of a fee F1 gets paid for putting on a race, can you imagine his reaction to the current financial situation Cart is in?
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