Yeah, the only problem is how long it takes to get round the circuit! (I've walked around the out skirts of Silverstone and Suzuka - even halfway round is a bloody long walk! ) Now an express scooter or buggy delivery service to the second seat included in the twin-ticket price!, Mmm..... now that's got potential!
There I agree. I've gotta be honest, I've never really understood this whole "PSL" thing at all - *If* (& I'm not sure this is really the case) I've got to lay down $5K just for the chance to buy a ticket in a grandstand for the next x years, then they're in dreamland IMO. I'd be willing to bet I can get seats pretty much wherever I want at a "reasonable" (in F1 terms!) price - And thru the promoter, not scalpers. But I could be wrong...... Cheers, Ian
I don't see the term 'grandstand seating' mentioned in the FAQ for the 'license': Is my deposit for the Select Seating waitlist refundable? Yes. If you sign up for the Select Seating waitlist and decide you are no longer interested in purchasing a suite or select seating, we will refund your $100 deposit. If select seating or 'a suite' covers all grandstand seating, then I guess that is what you are describing. Otherwise, it may only cover a small percentage of the grandstand seeting, such as the mezzanine or other covered areas.
BINGO! They need to realize that this isn't going to be like selling Cowboys tickets in Texas... The concept sucks.
i'm concerned these people see f1 fans as champange swilling millionaires. i feel they're in for a rude awakening. if indy couldn't make it with what was a very reasonable pricing structure how do they think they're going to sell overpriced tickets. i guess time will tell
I posted this on the other thread, they have hired a firm called Legends, they are in charge of selling PSL's and tickets at Cowboy Stadium, the Yankees and some minor league baseball teams.. The group is solicting resumes for a hiring fair at the end of Feb, see below. A flawed but somewhat desperate stategy.. Have to come up with any additional revenue sources... It's very apparent when you look at the management team, The President of COTA is from the Churchhill Downs, Marketing VP is from the Dallas Stars, they have no one with prior open wheel experience from IMS or CART to tell you this is going to come back and bit them.. Based on the info pasted from the job description they wouldnt start hiring sales staff until the end of February, not a lot of time to sell...No way this facility will host a NASCAR Sprint Cup Race, not with SMI owning TMS, possible contraction of dates, etc.. If you look at NASCARs attempted expansion efforts the last decade and who was involved( NASCAR), they want to go where they aren't, Seattle, NYC and they aren't going to give a lucrative Sprint Cup date to a new kid in the block..... I thought I read somewhere too, that they will build the main grand stands and add temporary seating as demand dictates, that is a smart move. JOB DESCRIPTION FROM COTA WEBSITE Sales & Marketing: Ticket Sales Sales Consultant Positions/By-Invitation Interview Event (February 24-25, 2012) - Legends Sales & Marketing/Circuit of the Americas (Austin, TX) Legends Premium Sales is holding a Texas Interview Event for ticket and premium sales positions for the Circuit of the Americas property, Dallas Cowboys and potentially other Legends properties. This is your chance to interview with one of the fastest growing companies in the sports business for positions that can jump start your career in the sports industry. About Legends: Legends is an organization owned by the Dallas Cowboys, New York Yankees and Goldman Sachs that has successfully driven sales of suites and club seats at new and renovated venues across the country. Clients include the Circuit of the Americas, San Francisco 49ers, Rose Bowl Stadium, New York Red Bulls and more. The leadership team for Legends Sales and Marketing set industry records selling suites and premium seating for Cowboys Stadium. From 100,000-seat stadiums to minor league ballparks, Legends innovative approach to premium sales has yielded championship results time and again. About Circuit of the Americas: Circuit of the Americas is a new destination for high performance - winning ideas, great achievements, and world-class challenges. As it readies for opening in 2012, the Austin facility is becoming a top-tier home for the best the entire hemisphere has to offer in business, education, entertainment, and sports in a city that is gaining status as one of the greatest cities in the world. The Circuit of the Americas is a 3.4-mile (5.5 km) motor racing circuit in Travis County, Texas, near Austin. It is due to hold the Formula One United States Grand Prix on November 18, 2012, the penultimate round of the 2012 season. The circuit will be the first in the United States to be purpose-built for Formula One. About Formula 1: Currently, Formula One is the most popular form of car racing worldwide. Formula One cars are considered to be the fastest circuit-racing cars in the world. Formula One Group revenues reached over $1.5 billion in 2010 and are projected to double to over $3.0 billion in 2016 (according to Reuters). The Formula One calendar runs from March to November. A single season is made up of a series of races in countries ranging across Europe, Asia, the Middle East, North and South American, as well as Australia. Races last for an entire weekend, with practice runs on Friday and Saturday and the full race on Sunday. Formula One races take place on a circuit, which has a mix of straight-aways and sections marked by hard curves and corners. Most races are held on specially constructed tracks, but others are held on open roads -- sometimes through urban streets. Job Overview: The Sales Consultant is responsible for selling premium inventory in the new Circuit of the Americas (COTA) track consisting of Main Grandstand PSLs, temporary grandstand PSLs and trackside suite rentals. The Sales Consultant reports to the Vice President of Sales and the Sales Manager. Job Responsibilities: - Prospect, set appointments, and create and deliver sales presentations under the guidance of the Vice President of Sales and the Sales Manager - Travel outside of the office to deliver sales presentations - Achieve levels of activity (calls and appointments), appointment goals and closed sales goals, holding accountability for all - Perform other functions and activities as directed by the Vice President of Sales and Sales Manager Qualifications: - Bachelors degree required - 1-2 years of prior sales experience in the sports industry preferred - Strong work ethic and the desire to build a career in professional sports - Optimistic team attitude as well as a competitive desire to be the best - Excellent interpersonal, verbal and written communication skills; ability to communicate effectively at all levels both internally and externally - Able to demonstrate flexibility and quickly adapt to changes while maintaining high levels of productivity and effectiveness under pressure - Able to work well within a team environment, offering assistance and support to team members whenever necessary - Able to balance internal priorities with client expectations - Able to work flexible/non-traditional hours (evenings, weekends, holidays) Process: Legends Premium Sales will invite select candidates to this invitation-only interview event. Candidates will be interviewed in a group session format with senior staff from Legends. Candidates who qualify for this job fair should expect to receive an invitation by email on or before February 15, 2012. If you feel that you will excel in sales presentations and have demonstrated a strong work ethic and an aspiration to build a career in professional sports, then we want to hear from you!
Below is a link to Legends Hospitality Management website, this is a company owned by Goldman Sachs, the Cowboys and the Yankees.. They want to get into sports marketing, owning events, etc.. About $200 mil in sales.The management team is from stick and ball sports and I hate to say it but they are going to learn a few lessonswith the Open Wheel and F1 fan in North America and abroad... With a little luck COTA will sell a title sponsorship deal with Red Bull and let Red Bull do what they are great at, promoting and owning events... COTA has a new website up, the third one that I know of... Hate to point out things, but this new doesn't offer a Spanish version or other international versions..Another small but incredibly basic need to market and sell. With a Mexican driver in 2012, and Carlos Slim involved in F1, another market and sponsorship pool that has to be addressed.. It helped CART unbelievably with Mexican drivers, sponsors and events at Mexico City and Monterrey.The passion they have will need to be tapped to make the F1 race a long term success.. Hope they get on it sooner than later, partner with the old promoters of the CART races in Mexico would be a wise move at least a phone call.... http://www.legendshm.com/home-page
this is Sick i am going to montreal for 10 years and the most i paid was $475.00 for 3 days at the hair pin track level what is wrong with the US when it comes to F1 all the fans getting f%#@t before the even have race.only in the us.
I threw in the $100 for the PSL waiting list. I'm ultimately looking for some sort of track config and seating before I buy anythin as I live 1200+ miles from the track and would go to bring customers. I'll likely just skip it and shell out for "VIP paddocks" or whatever nonsense experience on an as-needed basis.
Can someone please explain this concept to stupid old me? So I shell out my 1 - 5k, and that only gets me the right to buy a ticket? Am I getting this right? What the hell do I get out of this? It's not like if I decline to purchase they're gonna let the seat go unfilled... Also: aren't F1 tix expensive enough? I mean we know that that's the going rate but how the hell are you gonna convince the casual fan or even a non-f1 racing fan that a $400 ticket is now magically worth $1400?!??!?!?!? I was tempted to go at some point if it ever happens because I like the track layout, but MAN is COTA ever ****ing things up BAD. They're a disorganized and greedy lot who don't get that they aren't the big fish in this pond....
You mean the "Sucker Seats"? My worry is this is not just promoters out of touch but a desperate pitch for funds.
A personal seat license, or PSL, gives the holder the right to buy season tickets for a certain seat in a stadium. This holder can sell the seat license to someone else if they no longer wish to purchase season tickets.[1] However, if the seat license holder chooses not to sell the seat licenses and does not renew the season tickets, the holder forfeits the license back to the team. Most seat licenses are valid for as long as the team plays in the current venue. You see this work best in an environment where there is great demand or greater demand for the ticket than tickets allowed, NFL, Some college football, etc. The value of the PSL can go up in value over time if the demand of ticket stays high.. That is the issue with this concept at a new road course, hosting a event with no track record, that will have the ability to build unlimited seating. It's difficult to say that the value of the PSL will stay at its original value, go up or certainly down...
Me too! My perfect section is an area that allows several different views with short and hairy breaking zones foloowed by highspeed sweepers, SSSSSSS's.
Given that the local reference is football I expect that they may sell a good number of seats on the "fifty Yard Line".
I got the e-mail this morning. Looks like a money grab to me. They need funding, and what better way then to sell PSL's. I'll be buying GA tickets when they go on sale so I can hang out with the "unwashed masses".
