This is bad.
If Google lifts all the information from websites and displays it automatically then people will stop visiting the websites... the websites will lose traffic and it won't be viable to keep them running. Soon there will only be Google.
The thing is though, when you go to the organiser's website, in this case Formula1.com, you're presented with one of those horrible designs that looks exactly the same as every other corporate website these days. There's big images all around, huge fonts and a big bar at the top that only works when you have all sorts of scripts running.
You then need to either scroll all the way down, past all the big images and news stories and an advertisement by Rolex, to find the list of starting times in Malaysian time (with the option to toggle your own local time - another click). Alternatively, if you're unaware that scrolling all the way down actually helps you would need to move to Championship on the top bar, open up a drop down menu, somehow figure out to click All Races, then click Malaysian Grand Prix, and only there will you find the page that lists starting times. It does so in local time - and here there is no option to toggle to local time. Nice!
Google is only able to 'cut out the middle man' because they're offering people a quick answer to their question: What time does the Malaysian Grand Prix start for me? One click and you have the answer. That's excellent.