Jules Bianchi, Mirko Bortolotti and Daniel Zampieri were earlier this week to try out the Formula 1 Ferrari in 2008. As members of the Ferrari Driver Academy they tested on our own race track in Fiorano, the F2008, the F1 Clienti department of the mark is used. Thus what is not violated in the current Formula 1 Test ban.

“At Ferrari they believe in me,” said Bianchi, who was allowed to slip first into the cockpit. The Frenchman will start otherwise, in the GP2. The next round is on 27 June in Valencia on the program. “Of course I want to win, just because opportunities like this offer a second time.”
On the same weekend Bortolotti will be back in action, but in the GP3. “I’ll tackle the next event with maximum use. Of course, my goal is to win,” said the Italian. Zampieri starts against again this weekend as part of the Renault World Series.

The Ferrari Driver Academy, the young drivers become familiar not only with the technical processes at work in a Formula 1 race car, but they are also trained in other areas. Thus, besides fitness training and English lessons were on the agenda of the three drivers.

Many countries complain of declining audience figures at the Formula 1 race, but after the Turkish is pleased to now, the Canadian Grand Prix on a regular Plus. In Montreal today, even had the tickets be set because the Circuit Gilles Villeneuve is now completely sold out!

Even at today’s pit walk, thousands Formula 1 fans, even though it was raining heavily in part. But the Canadians have always had something left for the Grand Prix racing after a year and are downright hungry. What is more, much more fans than in past years have come from Europe to the famous flair in Montreal once even able to witness live.

“There are thousands of fans that the Canadian Grand Prix have ever seen on TV and were now ready to fly across the Atlantic to a Formula 1 Grand Prix in Montreal-style witness,” said organizer François Dumontier of the Octane Group. “We welcome them, just like all the other fans. And I invite all of Montréal to come too!”

As the tickets were issued last December, there was in Quebec immediately a run on the Formula 1 Montreal will be the first Grand Prix to be completely sold out this season. Therefore, the organizers have decided to commence with the advance booking for 2011.

The funding of Formula 1 is a mystery for many fans and even those inside the sport’s inner circles have trouble understanding the complexities. What is generally known is that funding for Formula 1 consists of huge sponsorship, television coverage and merchandise sales. The merchandise sales are somewhat of an afterthought for sponsors but as the popularity of Formula 1 is growing the merchandise market is also on the increase.
Formula 1 is like many other sports in respect to television coverage. Advertisers will pay for slots in the TV coverage and may even sponsor a specific channel’s coverage of an event. This lucrative method brings vast amounts of funding to the organising body of Formula 1, the FIA as well as its funding company, Formula One. This is important as Formula One is in the driving seat of presenting the Formula 1 package to the public, hence it needs immense funding to carry out these roles.
The Formula 1 teams support themselves in a number of ways; the bigger teams will be able to court sponsors from some of the biggest names in business, whereas smaller teams must make do with lower profiles patrons. Teams also produce their own merchandise ranges to cater for the needs of the average fans; once again the more popular teams obviously make more money.
Venues in the Formula 1 calendar are somewhat limited with their advertising freedom. As Formula 1 is ran by a small number of big business share holders the venue bosses are pushed out of the commercial decisions. Most venues do not have the rights to place their own signage and must pay to host the race. The majority of money made by venues is in the ticket and merchandise sales once fans are inside the track.
This explains why Formula 1 tickets can be very expensive, mainly due to venue managers trying to recoup some of the 13 million dollars they fork out annually to host a race. Hosting a Formula 1 race however is more about the prestige of being a premier world race track.
Formula One is the name of the business behind the sport of Formula 1; it is these businessmen and financiers that control how each race is funded and which sponsors are given preferential treatment. They also decide how much to ‘top up’ F1 teams’ merchandise and sponsorship profits; although this is kept a secret and can sometimes cause friction between teams.
The teams in recent years have not been making enough money from merchandise and sponsorship sales and are beginning to barter for more money from Formula One. Their argument is that they are the entertainers in the sport and so should get a bigger slice of the cake, whether this will be successful is doubtable.
The drivers are not paid from Formula One funds but are employees of the racing teams. The astronomical sums that many of them receive are incomprehensible to those on an average wage, they are however the best drivers in the world and have worked hard to get where they are. The popular drivers such as Lewis Hamilton and Fernando Alonso can also sign separate merchandising deals, usually for such luxury items as watches and jewellery.
The Formula 1 gravy train is driven by the big business that is Formula One, while Bernie Ecclestone holds a small part of the power in Formula 1; the big businesses that put up a lot of the funding ultimately demand respect. The bankers of the Formula One Company balance payment and income to keep Formula 1 at the pinnacle of motor racing entertainment.
Seemingly the biggest losers in the Formula 1 world are the venues, as ticket sales are most probably the smallest income when compared with the huge TV sponsorship and merchandise deals. In what is seen as an exclusive sport for the rich, the average fan can only afford his team’s merchandise. With high ticket prices and the worldwide nature of the sport it is hard for anyone but the super rich to follow this sport closely from the trackside.