News Details
Race promoters admit concern at F1's management
Following its meeting in London, the Formula One Promoters Association, has expressed dissatisfaction with the sport's decision making process under Liberty Media. The Formula One Promoters Association (FOPA) was formed in mid-2012, at a time F1 was seeking to introduce the hybrid formula. The circuits already hit hard by increasing hosting fees, not to mention that money from TV, trackside advertising and on-site hospitality was mostly going straight into Formula One Management's coffers, feared that the proposed new formula, and in particular the sound, would be a turn-off for spectators. Though the sound of the hybrid formula is not the issue that it was, concern over hosting fees is,...
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