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Spa Grand Prix slows down the spiral of loss
03/11/2010 15:03:00
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 Despite a reduction of the losses does the financial future of the race track is not good (Photo: AP) The survival of the race in Spa depends largely on its financial health. The operating company “Spa Grand Prix has reduced its losses this year.

The company speaks of a deficit of 5.15 million euros. 2009 there were 7.34 million €. Writes the Belgian newspaper La Libre Belgique. ”
The financial burden was explained by including the cost of temporary grandstands. Investing Spa Grand Prix had 250,000 euros.

In addition, the company had to rent the generators because the electricity supply of the new course was guaranteed nciht. It cost more than € 98 000 geplant.Siehe also:
Formula 1 2011 season: FIA confirms Calendar
47 872 tickets

For the Grand Prix this year, 47 872 tickets were sold. 4.4 percent less than last year. But because the price was increased by 4.5 percent, the revenue estimate still proud to € 10.25 million (0.7 percent compared to 2009). Despite declining attendance figures were in this way the revenue from ticket sales in 2010 about the same as last year, the leaders of the Formula 1 race on Wednesday.

The parking fees in turn brought € 222 000. The sale of VIP packages hit with 1.2 million € (€ -360.00) to book.

Less spending, but …

As regards expenditure, the startup fees was for the drivers to 14.81 million euros (1.51 million less than 2009).

The prospects are not very bright because in 2011 the operators of the racetrack expect a hefty decline of 6.28 million.