Bernie Ecclestone: High grand prix ticket prices in F1 teams' hands

Formula 1 supremo Bernie Ecclestone says the easiest way to bring down grand prix ticket prices is for teams to accept less commercial rights income

Bernie Ecclestone: High grand prix ticket prices in F1 teams' hands

Mercedes motorsport boss Toto Wolff revealed recently that F1 teams had broached the subject of high ticket prices with Ecclestone during recent meetings.

The matter has become a big talking point because empty grandstands at traditional events like the German and Italian GPs have prompted questions about why fans are no longer going to races.

Wolff said: "I guess it is pretty clear what needs to be done to fill the grandstands in the traditional races such as Hockenheim and Monza."

Ticket prices are so high because the income from spectators is one of the only ways that promoters can recover the high race sanctioning fees that are paid to Ecclestone.

Speaking in response to Wolff's comments, Ecclestone insisted that it would be easy to bring down race hosting fees to make tickets cheaper - but that can only happen if teams are willing to accept less money from him too.

"Has he told you how?" asked Ecclestone about Wolff's call for lower ticket prices. "You should tell him about reducing what they want for racing, and then we can reduce the fees.

"That is the problem. We collect money for the teams - the teams get 70 per cent of the revenue that comes from the promoters."

Ecclestone also doubts that the decline in audiences at grands prix is solely down to high ticket prices.

He thinks that pressures on people's time, plus the wide variety of entertainment options, mean nothing is as popular as it once was.

"With sport, there is so much of it - and only so much time - that everything has lost a little bit," he said. "It's the same thing with the promoters."

shares
comments
Sebastian Vettel: 2014 Red Bull F1 car just doesn't suit me
Previous article

Sebastian Vettel: 2014 Red Bull F1 car just doesn't suit me

Next article

Jenson Button: F1 teams' radio coaching annoyed me

Jenson Button: F1 teams' radio coaching annoyed me
Why few could blame Leclerc for following the example of Hamilton’s exit bombshell Plus

Why few could blame Leclerc for following the example of Hamilton’s exit bombshell

OPINION: Ferrari's numerous strategy blunders, as well as some of his own mistakes, have cost Charles Leclerc dearly in the 2022 Formula 1 title battle in the first half of the season. Though he is locked into a deal with Ferrari, few could blame Leclerc if he ultimately wanted to look elsewhere - just as Lewis Hamilton did with McLaren 10 years prior

Formula 1
Aug 9, 2022
The other McLaren exile hoping to follow Perez's path to a top F1 seat Plus

The other McLaren exile hoping to follow Perez's path to a top F1 seat

After being ditched by McLaren earlier in his F1 career Sergio Perez fought his way back into a seat with a leading team. BEN EDWARDS thinks the same could be happening to another member of the current grid

Formula 1
Aug 8, 2022
How studying Schumacher helped make Coulthard a McLaren F1 mainstay Plus

How studying Schumacher helped make Coulthard a McLaren F1 mainstay

Winner of 13 grands prix including Monaco and survivor of a life-changing plane crash, David Coulthard could be forgiven for having eased into a quiet retirement – but, as MARK GALLAGHER explains, in fact he’s busier than ever, running an award-winning media company and championing diversity in motor racing. Not bad for someone who, by his own admission, wasn’t quite the fastest driver of his generation…

Formula 1
Aug 7, 2022
Could F1 move to a future beyond carbonfibre? Plus

Could F1 move to a future beyond carbonfibre?

Formula 1 has ambitious goals for improving its carbon footprint, but could this include banishing its favoured composite material? PAT SYMONDS considers the alternatives to carbonfibre and what use, if any, those materials have in a Formula 1 setting

Formula 1
Aug 6, 2022
How Russell has proven he deserves to be Hamilton's Mercedes heir Plus

How Russell has proven he deserves to be Hamilton's Mercedes heir

He’s fast, he’s smart, and he’s already shown he’s not going to let Max Verstappen intimidate him. George Russell won’t say it, but LUKE SMITH says he’s ready to take the lead at Mercedes when Lewis Hamilton moves on to a quieter life. And – whisper it – Mercedes and Lewis are starting to think so too

Formula 1
Aug 5, 2022
The traits that fuelled Alonso's unexpected Aston Martin move Plus

The traits that fuelled Alonso's unexpected Aston Martin move

Fernando Alonso’s bombshell switch to Aston Martin sent shockwaves through Formula 1, not least at Alpine that finds itself tangled in a contract standoff with Oscar Piastri. Not shy of a bold career move and with a CV punctuated by them, there were numerous hints that trouble was brewing

Formula 1
Aug 4, 2022
The elements Ferrari must resolve to first save face, then win championships Plus

The elements Ferrari must resolve to first save face, then win championships

OPINION: Ferrari's Formula 1 title hopes look all but over after another strategic blunder in last week's Hungarian Grand Prix denied Charles Leclerc the chance to fight for victory, while handing it to chief rival Max Verstappen. The Scuderia now faces intense scrutiny over what it must now do to finally become a genuine factor in championship battles

Formula 1
Aug 3, 2022
The clues about Hamilton’s F1 retirement plans revealed after Vettel’s decision Plus

The clues about Hamilton’s F1 retirement plans revealed after Vettel’s decision

OPINION: Sebastian Vettel is set to leave Formula 1 at the end of 2022 and will, rather shockingly, be replaced by Fernando Alonso at Aston Martin. But what about the final chapter of the other driver that defined the post-Michael Schumacher era? In Hungary, Lewis Hamilton spoke about his future in the context of Vettel’s upcoming departure, which offered clues on how long it will last

Formula 1
Aug 2, 2022