I read many people saying FOM needs to reinvest in the sport, needs to promote it better etc., but rarely do I ever read ways to do it. Generally it hinges on social media, and ticket prices. However I'm not sure how good the former is at creating new fans, though I know it is great at retaining current fans and enriching their experience. Lower ticket prices I can understand in developing countries, but when I go to GP's in Canada, UK, Italy the places are full, and I have to question if they have the infrastructure to take in more people. I'm also of the thinking if you can sell 100,000+ tickets at $3-4-500/each you don't need to lower your ticket prices. I get how doing so helps families and kids, but how do you guarantee you sell lower priced tickets to them, and the rich folk that can afford them tend to have kids and grand kids too.
So what can FOM do, and importantly, what can they legally do eg. the current inability to put race video on social media due to TV contracts.
Is anyone aware of the investment being made with Tata Communications regarding how the sport will be televised in the future?
How is FOM going to battle reduced interested from free-to-air broadcasters?
Should FOM subsidize GP2/3 so that nations hosting races in growing markets new to F1 can develop drivers in order to ingrain the sport?
Should such markets pay less in hosting fees so they can lower their ticket prices and ensure races can stick around for 10-years to give the domestic audience a chance to develop interest?
Should they financially assist teams to do like Red Bull and send cars and drivers around the world for demonstrations?
And I'm sure someone is going to suggest equitable payments, but I don't think your average new fan is even aware of the funding structure, nor do I think it deters people from becoming interested in the sport.
Edited by Nathan, 14 December 2015 - 19:31.