tierp bankrupt
Discussion
Tet said:
Yaaay for machine translation. Google claims it says "the situation is only temporary". Microsoft says "the situation is not just temporary". My Swedish isn't good enough to say which is right.
The article refers to the lack of funds not being temporary - therefore bankruptcy and not temporary protection from creditors being instigated.I wonder how the administrators will get as much money back as they can.
Presumably, charge racers and spectators more but keep drag racing at the track. Plus maximise alternative income from concerts and shows etc.
So basically the current business model just with less costs and higher prices.
Presumably, charge racers and spectators more but keep drag racing at the track. Plus maximise alternative income from concerts and shows etc.
So basically the current business model just with less costs and higher prices.
Burndown said:
I wonder how the administrators will get as much money back as they can.
Presumably, charge racers and spectators more but keep drag racing at the track. Plus maximise alternative income from concerts and shows etc.
So basically the current business model just with less costs and higher prices.
Charge more? Have you seen how expensive it is (was) to spectate at Tierp?! My trips to Mantorp including flights were cheaper than entry alone at Tierp hence why I never went, and suspect many other didn't either.Presumably, charge racers and spectators more but keep drag racing at the track. Plus maximise alternative income from concerts and shows etc.
So basically the current business model just with less costs and higher prices.
Don't know how racers entry's compared?
A german SE Driver found out that entering for SG was actually cheaper than entry fees & camping for 2 persons,
so he did the correct racer-maths and trailered his blown ´59 Chevy Apache Pickup 1.000 miles for 4 quali runs
and a predictable first-round exit (never hit near the index) and spectated the rest of the weekend.
btt : I hope that the track Returns, want to go there and watch or shoot photos.
so he did the correct racer-maths and trailered his blown ´59 Chevy Apache Pickup 1.000 miles for 4 quali runs
and a predictable first-round exit (never hit near the index) and spectated the rest of the weekend.
btt : I hope that the track Returns, want to go there and watch or shoot photos.
On the couple of occasions I've bought the on-line TV service, I was struck by how thin the grandstands were. I asked myself how this was going to be sustainable if my limited sample was an indication as to how things went at the other events. I guess I have my answer.
Is Mantorp still working?
Is Mantorp still working?
I've commented before on how empty I though the grandstands looked. In part that will be because they're so big and therefore look sparse. But I suspect they still needed to bring in more paying customers to make it viable. The track is still there, but Mantorp Park Events AB went bankrupt a couple of years ago, so I don't know whether they'd be in a position to host an FIA round again.
MotorPsycho said:
Burndown said:
I wonder how the administrators will get as much money back as they can.
Presumably, charge racers and spectators more but keep drag racing at the track. Plus maximise alternative income from concerts and shows etc.
So basically the current business model just with less costs and higher prices.
Charge more? Have you seen how expensive it is (was) to spectate at Tierp?! My trips to Mantorp including flights were cheaper than entry alone at Tierp hence why I never went, and suspect many other didn't either.Presumably, charge racers and spectators more but keep drag racing at the track. Plus maximise alternative income from concerts and shows etc.
So basically the current business model just with less costs and higher prices.
Don't know how racers entry's compared?
The attendance at most drag racing meetings just comes down to the weather and fuel car attendance. If you look at the Pics from the Scandinavian Internationals at Tierp this year the grandstands are busy, because the weather was good, so the ticket pricing cant be that far off for Sweden.
Every track takes a risk with the weather but in Tierps case the issue sounds like it just comes down to the debt. Without being so heavily leveraged there may well be a sustainable business, so hopefully any buyer can negotiate good terms with the creditors and keep the show on the road.
I went to two events at Tierp this year (one advantage of working in Stockholm at present). At both events, one national, one international, there was a substantial difference in attendance over the weekend. It appears the Swedes prefer to watch qualifying, particularly if the weather forecast is not wonderful for race day. So photos of the Saturday crowds look decent, and race day crowds were much sparser. Could be the high price for camping, or the economy meaning that people saved money by missing the most expensive day...
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