See the latest issue of Autoweek for this potentially depressing story.
--
-- Fran?ois Mnard <ymenard>
-- May the Downforce be with you...
-- http://www.ymenard.com/
-- This announcement is brought to you by the Shimato Dominguez
Corporation - helping America into the New World...
> Anything to give me Digital F1. I'm really tired of the shitty mondial
> feed. It's bad on purpose. I'll pay whatever it costs.
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Kevin Anderson
LOL, don't feed the troll... leave him to his Daisy Duke posters.
> --
> Kevin Anderson
> > See the latest issue of Autoweek for this potentially depressing story.
http://www.xtremeairracing.com/
> >Good, it will free up Speedvisions schedule. Maybe they will air racing
in
> >its place that will actually be interesting.
> Hey, there's an air racing sim coming out soon, just for you!
--
-- Fran?ois Mnard <ymenard>
-- May the Downforce be with you...
-- http://www.ymenard.com/
-- This announcement is brought to you by the Shimato Dominguez
Corporation - helping America into the New World...
JB
> >Good, it will free up Speedvisions schedule. Maybe they will air racing
in
> >its place that will actually be interesting.
> Hey, there's an air racing sim coming out soon, just for you!
> http://www.xtremeairracing.com/
A German media group is now the majority owner of Formula One. EM.TV &
Merchandising exercised its option to acquire 75 percent of the company that
holds the F1 commercial rights, and the automobile manufacturers that
participate now fear there could be an attempt to put F1 races exclusively
on pay-per-view TV.
Since March 2000, EM.TV has owned 50 percent of SLEC Holdings, promoter
Bernie Ecclestone's family trust that holds the commercial rights to F1
until 2110. An option was included giving EM.TV the right to purchase an
additional 25 percent, which it had to exercise before midnight on Feb. 28,
2001.
Struggling to survive following a dramatic plunge in its share value, EM.TV
is in the midst of a rescue bid by Germany's largest pay-per-view TV
broadcaster, Kirch Gruppe. Evidently EM.TV and Kirch are close to finalizing
their own deal, at a reported cost of $987 million.
But two of the carmakers competing in F1 warned that they could set up a
rival world championship series if this deal gave Kirch effective control of
F1. A consortium of five of these companies, BMW, DaimlerChrysler, Fiat,
Ford and Renault, had been in negotiation with Ecclestone with a view to
acquiring 35 percent of SLEC Holdings itself. Jurgen Hubbert, the
DaimlerChrysler main board member responsible for the Mercedes-Benz brand,
and Wolfgang Reitzle, the CEO of Ford's Premier Automotive Group, said that
the manufacturers could launch their own series if Kirch moved to put Grand
Prix coverage exclusively on pay-per-view.
Kirch has attempted to reassure the manufacturers by indicating that it
would be willing to sell off part of EM.TV's 75 percent stake in SLEC, but
conspicuously not by undertaking to maintain free-to-view TV coverage.
Heh...need to brush on my reading comprehension skills.
I share the sentiment. Having said that, I'm not too bothered. 90% of the
time F1's little more than an elaborate TV screensaver. Mind you, if
touring car racing went pay per view I'd have the right 'ump.
Andrew McP
> > >Good, it will free up Speedvisions schedule. Maybe they will air racing
> in
> > >its place that will actually be interesting.
> > Hey, there's an air racing sim coming out soon, just for you!
> LOL, I think he was more meaning to "air" as in, to broadcast races. But
> thanks for the site!
> --
> -- Fran?ois Mnard <ymenard>
> -- May the Downforce be with you...
> -- http://www.ymenard.com/
> -- This announcement is brought to you by the Shimato Dominguez
> Corporation - helping America into the New World...
Chris
--