Don't think it is boom time for F1.
Currently there are more circuits trying to get out of F1 than get in.
Valencia: they are looking for an exit clause in its contract, or at very least going to an alternate years thing with Barcelona. No further government money available and the real estate barons who pushed it and the Americas Cup through are not going well at present.
Korea: On very shaky ground with the government suggesting that if the private finaciers don't meet their promised part of the deal Bernie can't rely on the taxpayer to bail them out.
China: On a year by year drip feed. If the Chinese government says no it would be interesting seeing Bernie trying to enforce any contract he thinks he has.
Canada: The moles are saying that the Montreal deal is more of a performance linked deal than an outright contract, if the popularity drops there is an out clause.
Germany: Nurbirgring and Hockenhiem sharing and both face huge losses on the F1 event, particularly Hockenhiem which doesnt have the income stream generated by VLN and the Nordschlieff that Nring has to subsidise it.
Spa: As indicated wants to go back to alternate years shared with France.
Brazil: Sao Paulo very reluctant to spend the money to upgrade what are fairly old facilities. There is a lot of money in Brazil at the moment (for the same reasons we are doing well) but no prospect of the National Government getting involved as they are spending big on the next World Cup and the 2016 Olympics.
Bahrain: You know what is happening there.
Lots of talk about the US but even Austin is still striking hurdles and New Jersey is still only a pipe dream. India has had its first year but has to establish itself as an ongoing viable proposition and has considerable political opposition. Russia looks likely, but depends very much on the present people staying in power. Mexico and Argentina look the best of the future prospect, at least having some F1 DNA.
And of course how secure do you think Melbourn is if Bernie turns up demanding big dollops of cash to extend the contract.
No F1 is not booming as far as dealings with tracks is concerned. And to add to the worries Bernie has to negotiate a new Concorde with the teams, and CVC under its contractual arrangements has to do a total re-finance in 2015 or sell out beforehand.
Bernie is talking about an IPO float on the Singapore stock exchange. Be an interesting prospectus and due dilligence. Maybe
