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F1’s $1,300,000,000 Bonanza Receives Backlash as Shocking “Money Grab” Insults Ferrari Legacy

Published 09/02/2023, 11:00 AM EDT

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Formula 1’s recent $1.3 billion expansion with the addition of Las Vegas GP has left fans divided and concerned over the future of the iconic Italian races. The Emilia Romagna Grand Prix at Imola and the Italian Grand Prix at Monza hold a prestigious place in the hearts of motorsport enthusiasts, not least because of their connection to the legacy of the Scuderia Ferrari. With both contracts running only until 2025 and the growing global competition for race hosting rights, the likelihood of Italy maintaining two Grand Prix appears to be dwindling.

Speaking ahead of the Italian GP, Stefano Domenicali, F1 CEO, addressed the concerns over the future of Formula 1 in Italy. His comments about evaluating whether Italy can sustain two Grand Prix or may need to focus on just one have been met with discontent by fans who consider both races integral to the season.

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Domenicali’s appreciation for Imola’s commitment during the challenging times of the COVID-19 pandemic provided a ray of hope. Imola’s readiness to step up in those testing times demonstrated its value to the F1 calendar. Monza, the temple of speed, known for its rich history and passionate Ferrari ‘Tifosi’, is set to undergo renovations later this year. This move has been seen in a positive light, ensuring that the historic track keeps pace with the demands and expectations of the modern F1 era. Upgrades such as expanded tunnels, improved hospitality areas, and enhanced grandstands are on the cards.

However, Domenicali also emphasized the importance of the spectator experience. The recent Dutch GP, with its impeccable audience entertainment, set a benchmark. Domenicali praised venues like Zandvoort for their efforts to improve the fan experience, noting the significant investments some countries have made in infrastructure.

As F1 walks the tightrope between business expansion and respecting tradition, the next few years promise to be crucial. Whether the European classics like Imola, Monza, Spa-Francorchamps, and Zandvoort can coexist with the new destinations without having to rotate remains the burning question. One thing is for sure: the fans will be watching keenly.

Fans are neither taking lightly the idea of canceling the Italian GP nor showing love to the Las Vegas GP

The prospect of canceling or rotating the revered Italian Grand Prix has struck a nerve with the global fan community. For many, Monza isn’t just another circuit; it’s the very heartbeat of Formula 1. Its storied straights and iconic turns have been the backdrop of some of F1’s most defining moments, and its connection to Ferrari’s illustrious history is something that can’t merely be replaced or replicated elsewhere.

Conversely, the announcement of a Grand Prix in Las Vegas, a city more commonly associated with glittering casinos and high-octane nightlife than with motorsports heritage, has garnered mixed reactions. Some see it as an exciting new venture, but a significant chunk of the fanbase feels that the push towards newer circuits in non-traditional F1 territories is at the expense of the sport’s rich history.

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Here are some more fan reactions from Twitter. And the discontent is real this time.

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Formula 1, at its core, is an intricate blend of speed, technology, and heritage. The recent endeavors to globalize the sport, while promising new audiences and opportunities, have also stirred feelings of apprehension among the long-standing fans. The potential sidelining of circuits with rich histories like Monza and Imola in favor of newer venues like Las Vegas poses challenging questions about the direction F1 is headed in.

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While growth and adaptation are essential for any sport’s longevity, they should not come at the cost of alienating its most ardent supporters or erasing its storied past. It is a delicate balance, and as F1 charts its course through this rapidly evolving landscape, it must ensure that the heartbeat of the sport–its fans and its legacy–remains intact. The coming seasons will not only decide the fate of iconic tracks but will also shape the narrative of F1’s commitment to its heritage.

 

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Written by:

Pulkit Jai

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Pulkit is an F1 writer at EssentiallySports. With a strong academic background in engineering, he possesses an in-depth understanding of the intricate mechanics and technology driving Formula 1 racing. This expertise allows him to offer insightful analysis, exploring the technical aspects of the sport and shedding light on the innovative advancements that shape the world of F1.
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