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And of course that $1500-per-head number isn't a retail price tag, it's a deliberately outlandish frame-setting starting point for the negotiation. I'd bet F1
by vikingerik 3y ago
And of course that $1500-per-head number isn't a retail price tag, it's a deliberately outlandish frame-setting starting point for the negotiation. I'd bet F1 would be happy to make deals for a third or even a tenth of that number if that's what they can get a business to pay.
- qubex 3y agoThe whole thing is positively dystopian in vibe, but what struck me most was that businesses were being asked to pay on the basis of potential occupancy and not on the basis of how many patrons may actually be on premises during the race. That means that if they fail to achieve 100% occupancy they’ll be footing a hefty bill with no revenue. It’s a dangerous precedent and I hope they all go “LOL no” (though the Prisoner’s Dilemma teaches that everybody defects).
- vikingerik 3y agoThat's also just an outlandish point to anchor the negotiation window. I'll bet exactly zero businesses will actually pay for every potential occupant. (Or if they do it'll be because the per-head cost got negotiated way down.)
- Teever 3y agoWhy does F1 even think it's in a position to negotiate anything here? Don't they realize that the businesses they're attempting to strong arm paid for the infrastructure that the F1 is using through their taxes, that these businesses are the ones who created the market that F1 is taking advantage of? Of course they realize but they don't care, because they're greedy. And they should be slapped down hard for attempting to be so greedy.