$ 5,000 for a USGP seat? REALLY???? | FerrariChat

$ 5,000 for a USGP seat? REALLY????

Discussion in 'F1' started by tifosi12, Jan 22, 2012.

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  1. tifosi12

    tifosi12 Four Time F1 World Champ
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    I thought this was such shocking news, that I decided to start its own thread away from the Austin GP speculation thread:

    http://www.motorsport-aktuell.com/automobil/austin-ticketverkauf-in-zwei-stufen-4298375.html

    The Austin US GP promotors are allegedly asking between $ 1,000 and 5,000 to buy a license, which will get you the right to buy tickets for the grandstands.

    Say what you want about greedy Ecclestone, but this idea beats the cake. Not even Monaco has such prices.

    What are they trying to do? Getting the fans to pay for the construction?
     
  2. DIGMAN52

    DIGMAN52 F1 Rookie
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    This is common practice for the last 10 years in the Arena / Stadium world. I know just in the Dallas area that the American Airlines Center Mavericks / Stars, Texas Motor Speedway, and Jerryworld ( Cowboys Stadium) , all sold PSL's to get a base of season ticket holders. I expect this is the same in most if not all the new stadiums built in the US for a while now.

    Yes, that up front money just gets you a place at the table to buy your PSL, and then you usually are required to buy those seats to a package of all the major events at that venue each year.

    I did it for 6 years when Texas Motor Speedway was built. Our group of 6 guys got our money's worth from the cost, but when we bailed in year 7, there was no market for the PSL by then, and we got nothing out of them. Enough had been turned back in, that the venue had a ton to sell.

    They state on the website that general admission tickets will be available in early summer. That gives you 6 months before race time to buy. There will be plenty of ticket brokers who do buy the PSL's, and you will be able to pay the going rate to them to sit wherever you want. I agree that for year 2, they need to get out in front, and sell tickets earlier, but with all the stops and starts this thing has had, I'm just glad to know it is going to happen, and that there are rooms under $250 in neighboring towns, that are still plenty close to the track.
     
  3. tifosi12

    tifosi12 Four Time F1 World Champ
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    Aha!

    So going forward I don't want to ever hear a US fan moaning about the high prices of F1 tickets.

    Aha!
    Thanks for that comment. I was wondering about that. So after all it won't be much different than anywhere else. Just pay the added scalper fee.
     
  4. TheMayor

    TheMayor Ten Time F1 World Champ
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    I saw that in the email I got. But, the information is incomplete. They don't even have a track layout or ticket prices yet. How are you supposed to "invest" in a license if you have no idea what you're buying? Where are these "licensed" seats? What do they cost?

    My other point is that the F1 calendar changes all the time. Maybe they change it next year to a time when you can't go. What do you do then? Buy the tickets and sell them on Ebay?

    What if Bernie pulls the plug on Austin? What do you do with your "license" then? Get a refund?

    And, who is to say that the racing is any good in the future. It's quite possible that by next November, the season could be over already. What if they change the rules and it's no fun anymore?

    Is it worth thousands of dollars to see a race that doesn't matter and your favorite team/driver is already working on next year?

    I understand the concept. I actually don't disagree with the concept. The problem is there's not enough information to act IMO.
     
  5. sainthoo

    sainthoo Formula 3
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    $100 refundable deposit, not a big deal to separate those with real interest from everyone else.

    They stated the price for 15 year rights was $1000 - $5000 (now, is this per seat or just to get in the door, I suspect the later) depending on position/amenities included, and you have the right to purchase tickets for all events, not just F1.

    In 30 days or so you get to hear the sales pitch so to speak, and if you don't like what you hear, withdraw and get your money back. There are not a lot of details right now, but they need to gauge interest, get feedback, and present options. If you don't like what you hear in 30+ days, walk away.

    To those grousing about the licensing of ticket space - this is standard for all new venues, so get used to it. If you object, just buy from scalpers. COTA is not inventing some new scheme here, just following the lead of others.
     
  6. TheMayor

    TheMayor Ten Time F1 World Champ
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    #6 TheMayor, Jan 22, 2012
    Last edited: Jan 22, 2012
    The problem is they are following the wrong direction of others.

    F1 is still very, very sketchy in the US. You can't compare it to and follow the NFL. What they need is to get the fans on their side. What they need to do is install confidence, particularly when the race was nearly cancelled a month ago and the announcement of the NY race.

    In short, instead of trying to fill their pockets with $100 bills, they should be telling us WHY we need to be investing.

    That's what marketing does. I see no marketing here at all. I just see an email asking for $100 for "something".
     
  7. tifosi12

    tifosi12 Four Time F1 World Champ
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    Only in the US.

    You can buy tickets to any F1 grandstand anywhere in the world.

    Kind of ironic: The one F1 race, which will probably have to beg the fans to attend their race is raising the bar higher than any other F1 venue.
     
  8. DF1

    DF1 Three Time F1 World Champ

    This is the same group who sent Bernie a 'contract' that suited them. As you have said it is far easier to get tickets for any other race in the world of F1. This is really ridiculous.
    I do hope NY/NJ are seeing this and laughing. Its just a race and a ticket. Nothing more.

    It is very difficult to actually want to give COTA any money at all now or in the future. Too many other good races with little hassle to go to.
     
  9. tifosi12

    tifosi12 Four Time F1 World Champ
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    Agreed on every single point.

    Until now I thought of COTA as being disorganized. Now I realize they're also ridiculously greedy and self dilusional.

    Only ticket agencies will be willing to pay this license fee. Plus a few patriotic Texan millionaires.
     
  10. TheMayor

    TheMayor Ten Time F1 World Champ
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    How long before this track has a Nascar race that will draw 5 times as much? That's were the money is in the US. If you want to sell a super seat license, market to that group.
     
  11. tifosi12

    tifosi12 Four Time F1 World Champ
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    Excellent point.

    Too bad the F1 fans will be thrown under the bus. Then again I see the ticket agencies making a loss on this. Or the COTA.
     
  12. GrigioGuy

    GrigioGuy Splenda Daddy
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    Many of my friends have already paid the deposit. Fchat may not reflect the totality of the F1 fanbase...
     
  13. Axecent

    Axecent Formula 3

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    I'm in. I am not distracted by the noise. We'll see what it means in due time. I am one that polled it would not happen in 2012.
     
  14. tifosi12

    tifosi12 Four Time F1 World Champ
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    There is a difference between 100 and 5,000.

    Lets see how many of your friends actually end up buying the license.

    BTW: I'm not knocking your friends. I'm just stunned at the arrogance of COTA to think that regular people (not scalpers or millionaires) would pay this kind of price. For a race that is already a hard sell.
     
  15. iamthesimpleone

    iamthesimpleone Formula 3

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  16. GrigioGuy

    GrigioGuy Splenda Daddy
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    I'm not sure the start-finish area is really the place to be. I'm much more interested in the Turn 1 complex, even if they are just steel bleachers (like at Monaco and Indy)
     
  17. Fast_ian

    Fast_ian Two Time F1 World Champ

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    +1 Start-finish is, at most tracks anyway, for the corporate posers (with their fancy arse PSL's paid for by their companies.....)

    My guess is there will be *plenty* of seats around the track - No PSL or advance deposit for the next 10 years etc needed.

    Hopefully they'll also have good ol' "general admission" and you'll be able to wander all over the place - At least in year one so you can see where you'd like seats next year.....

    Cheers,
    Ian
     
  18. tifosi12

    tifosi12 Four Time F1 World Champ
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    Yes and no:

    If you want to see the pit action, you need grandstand seats.

    Also it is fun and fascinating watching the grid being set up, watch the drivers climb out/in their cars etc.
     
  19. Fast_ian

    Fast_ian Two Time F1 World Champ

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    "Yes and no" ;) Hopefully, it'll be the same as Indy - Friday & Saturday you can do that - OK, it's not a tire change during the race but how many tire changes do you need to see? ;)

    And "people spotting". OK, I'll go with that. But then all you've (generally) got is watching 'em fly by in a straight line...... I'm thinking the end of the DRS zone may be a good idea.

    Cheers,
    Ian
     
  20. TheMayor

    TheMayor Ten Time F1 World Champ
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    Start/ finish lines are totally overrated. Give me a section where I can see passing and more than 100 feet of track.
     
  21. 4rePhill

    4rePhill F1 Veteran

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    +1 On that!

    The ideal would be a seat on the start line for the start of the race, followed by an express trip round to a more interesting part of the track to see some proper action and then towards the end of the race: another express trip back to the start line to see the finish and enjoy the celebrations. :)
     
  22. Fast_ian

    Fast_ian Two Time F1 World Champ

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    +1

    Easy enough - Just buy 2 seats! ;)

    Cheers,
    Ian
     
  23. tifosi12

    tifosi12 Four Time F1 World Champ
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    I'm not arguing with that. Personally I rarely buy s/f line seats.

    My post was more in reaction to the comment that only bling/bling folks sit on the s/f grandstands. Not even sure they sit there, because for $ 5k, they can just outright buy a VIP Paddock and shmooze with the F1 folks.
     
  24. Fast_ian

    Fast_ian Two Time F1 World Champ

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    Fair enough.

    Having said that, there's still a long way between a $5K-$10K Paddock Club pass and a $250 (?) S/F ticket......

    I'm out of touch - What does an S/F ticket cost at, say, Silverstone?

    Cheers,
    Ian
     
  25. tifosi12

    tifosi12 Four Time F1 World Champ
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    My comparison of the Paddock ticket was with the COTA grandstand price of ticket plus license. License could be up to $ 5k by itself, so the comparison isn't that far fetched.
     

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