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| subject: | [news] Suzuka showdown comes at high price |
Suzuka showdown comes at high price Copyright c 1998 Nando Media Copyright c 1998 Reuters SUZUKA, Japan (Oct 27, 1998 - 22:03 EST) - Sunday's Japanese Grand Prix may prove the most exciting race of the season. It will undoubtedly be expensive. According to some calculations, the race could even be the costliest ever. While the eyes of the world will be keenly focused on the public battle between Mika Hakkinen and Michael Schumacher, the team accountants are likely to have been left with furrowed brows at the cost of the contest. It is going to be an all-out battle between the two drivers and the two giant teams of the sport, McLaren and Ferrari. Add to that the respective car manufacturers which back each team, Mercedes-Benz and Fiat, and the warring tyre suppliers Bridgestone and Goodyear, and the scene is set for a truly exciting and no-costs-barred contest. The cost has, in part, been exacerbated by the five-week gap between the penultimate race of the season, the Luxembourg Grand Prix at the Nuerburgring on September 27, and the Japanese race. This was caused by the cancellation of the Portuguese Grand Prix, which was dropped from the calendar because the track owners had not completed necessary and expensive safety work in time. Its absence from the calendar left teams with more time on their hands than usual to improve and alter their cars. Both conducted almost non-stop testing programmes, with Ferrari notching up almost 30 days of running at Mugello in Italy as well as at their private track in Maranello. The overall cost of such an effort is difficult to estimate, since money is a closely-guarded secret in the sport. But taking into account the staffing levels of 2,000, drivers' expenses, testing expenses, repairs, use of cars, engines, tires, hotels and travel, the team would be unlikely to get much change out of ($33 million) over the last month. It appears that no price is too much for a team searching for their first drivers' world championship since South African Jody Scheckter triumphed 19 years ago. McLaren have been busy too. Although they do not have the luxury of their own test track like Ferrari, and therefore have had to hire the Barcelona circuit for their pre-event testing, there have been fewer people running the show. Their costs are unlikely to have been quite as extravagant. The same cannot be said of the British team's tyre suppliers Bridgestone. Estimates put their outlay in the closing quarter of the season at $30 million -- that works out at more than $116 million for the year. But what about the cost of the race itself? The Japanese Grand Prix is one of the most expensive of the year for the teams and both McLaren and Ferrari will have to pay for three jumbo jets filled with up to 30 tons of equipment, as well as transporting the 60 to 80 team members who will stay in expensive hotels during the event. In fact, the arrival of the race will leave both teams breathing a sigh of relief. It means that when the cars go out for the first time on Friday morning, most of the costs will already have been paid. It will also give the teams their first indication whether all the work done in testing -- and around $83 million they have spent together -- has been worth it. But Schumacher will be aware of the perils of spending too much money prematurely. Last October, in the aftermath of his botched attempt to knock Jacques Villeneuve out of the European Grand Prix at Jerez, he was forced to dispose of one million baseball caps and T-shirts proclaiming him as "The 1997 world champion." He is unlikely to make the same costly mistake again -- on or off the track. --- Msged/386 4.20 beta 4* Origin: Blizzard of Ozz, Melbourne, Australia (3:635/728.4{at}fidonet) SEEN-BY: 633/267 270 @PATH: 633/267 |
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