Formula One in Hyderabad

[ss]

Well, the CM is bringing up mega events in Hyderabad. The Formula One car race is said to get Hyderabad\'s road tracks firing. Do you think he will be successful in organising the event in Hyderabad?
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Will the city gain advantage from it? It\'s nothing but living costs increasing and the common middle class people facing tough times ahead.

[Z C]

I hope he trains more people in Hockey and sends many APs to National Hockey team. May be he should think of the National game instead of creating hype.

[vivek]

The cost of setting up a world class F1 circuit in Hyderabad can run into several thousands of crores. The circuit and atleast 2 worldclass five start deluxe hotels will have to be built. A ticket might cost anywhere between 1000 and 5000. When the ambitious MMTS is running at 10% of its capacity, Hyderabad guys are really not receptive to innovative projects. So F1 circuit would become a National land mark for us and for dogs to do their thing. We need a worldclass International Airport more than anything. Begumpet is lousy.

[b.]

Car racing seems better suited
to those countries where these cars are manufactured and the fans are familiar with game.
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Plus, how will you get the expensive champaign to spray around after the race?

[ss]

Hello, you said MMTS is running at only 10% of its capacity. Yes, it deserves it. It is nothing but an ordinary local train coloured blue and doesn\'t deserve to be called a metro train. As it is not satisfying the locals it failed as a local train, too.

[spammer]

I would like to start of by stating estimates from reliable sources. An F1 track as vivek said will cost several crores to setup. A mini township needs to be setup outside the city for the track.
<br>Atleast a dozen more hotels are required around the track area to house the immense number of affluent fans that will come in to see the race.
<br>The road network and car rental infrastructure need to be strengthened to handle the massive annual migratory population. Direct connection to the new international airport will be needed.
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<br>The Chief Minister has already made it clear that the track would be setup only after the Shamshabad international airport is opened.
<br>Bernie Ecclestone, the head of the board for F1 had sent in advisors recently to survey the city and above are some of the requirements they came up with.
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<br>The cost of the tickets, will range from 1000 to 50,000 - this is an average from F1 ticket prices in monte carlo, spain, germany and japan. Also compare this to the price of a Cricket world cup one day international finals ticket.
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<br>Formula 1 racing although expensive to host brings in revenue in the form tourism, the hotel industry, world recognition and investment. Total revenue that is many times more that the money invested.
<br>To understand the financial power formula 1 has, you need to know that it has the largest budget of sports all around the world with each of the 11 teams of supercar manufacturers spending above 300 million dollars a year. It houses the highest paid athlete in the world (2002) - Micheal Schumacher, with Tiger woods and Micheal jordan coming close.
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<br>To answer ss\' question as to what is the city\'s gain? How does a 25% increase in state revenue sound? That would bring in massive development opportunities to the state with an annual fixed flow of hard cash in the form of sales, income tax and rental of track.
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<br>Examples - Japan has Suzuka, United states has Indianapolis, Germany has Nurburing,Malaysia has Sepang, all these are mini cities that house the track as the center piece.
<br>Countries are attracted my the exposure and the revenue of this sport, the new entrants this year are bahrain and beijeng. We are not far behind.
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<br>The money generated will eventually trickle down to all aspects of the goverment including funding for hockey. The increased revenue will keep inflation down.
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<br>If anyone knows the average temperature in Malaysia is higher than hyderabad. Bahrain is a desert! The cars run fine there. I can assure you that the likes of ferrari, bmw, and mercedes\' top engineers know how to handle a little heat.
<br>According to latest polls, india is 7th in the world in f1 fan base and viewership.
<br>As for the champagne, it is rather misinformed to say you dont get champagne here. All kinds of wine ARE available right here right now. Besides it is not hard for F1 board to pay for the import of a couple of bottles of Chablis blanc, when they are bringing in atleast 22 cars that each cost over Rs10,00,00,000 each.
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<br>The best part of it all - most the construction and development will be done in partnership with other companies that will bear the costs. Which means, less investment, high returns.
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[Schumi]

Formula1 circuit is going to be built at Banglore instead of Hyderabad?

[Mayavi Morpheus]

Why do people think that Hyderabadis are not receptive to innovative ideas and new projects? What do you think of the Worlds largest I-max Theater, Runway 9, Allegator Alley and other such things? Lack of ticket sales on MMTS is nothing but an indication of poor planning on behalf of the Govt. and non-co-operation between the RTC and MMTS. There are no approach roads to the MMTS stations and there are no buses to these stations. Without these how can you expect people to travel in the trains?

[Neo]

Now, where did you get that idea from?

[b.]

Hi Spammer and MM,
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I appreciate your excitement on these glamorous projects. It will be nice to have them. We may even fall before Monte Carlo in the alphabetical order then.
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But, as far as sports and entertainment go, we need to match our masses and may be bring an ODI location such as Sharjah, plus state of the art coaching centres in hockey and soccer. And, why not a real Ocean Park like the one in San Diego at our coastal Andhra. This is my dream.

[123]

Do you think the CM would be successful on his trip to Italy?