During his 23 years as President of Ferrari, one could hardly get through a speech or interview of Luca Di Montezemolo without him going out of his way to acknowledge Ferrari's partners' importance to the success of both the Ferrari automobile brand and the F1 team, Scuderia Ferrari.
Collaborations are essential in sustaining both Scuderia Ferrari and Formula One as a whole. After all, F1 can be best described as a massive partnership on a global scale.
Therefore, a Public-Private Partnership between Formula One and the New York State, representing Jones Beach, would prove essential in providing a long-sought-after solution of a large-scale venue within the New York Tri-State Area target market, where F1 belongs. (A core concept of the original presentation of this proposal to Mr. Bernie Ecclestone.)
If the plan is to expand in America and elevate Formula One Racing where it deserves to be, F1 needs both a visible domestic and global point-of-reference here in New York. Through this proposal, an unprecedented two points-of-reference comprised of Jones Beach and Manhattan, constituting Formula 1 New York.
This structure possesses the ability (best chance) for a stable two-race platform and to finally increase F1's audience, resulting in a logical increase of F1's sponsorship portfolio while simultaneously acquiring the ability to support all F1 races from one place, New York.
The importance of successfully establishing Formula One in New York State cannot be underestimated and must be viewed in two parts, where and who?
After 40 years of waiting, if you agree that F1 belongs in New York, then the next logical question is where?
A race through Manhattan's streets remains a most exciting possibility, which dates back to the 1980s. However, it remains an overall inferior solution to a large-scale temporary venue at Jones Beach, as several issues become apparent.
Due in part to the positioning of miles of concrete barriers with 15-foot high catch-fence on crowded Manhattan streets, and the sound reverberating off the tall buildings, many residential. Not to mention the extended road closures and the race being, for the most part, out of sight.
Since the idea behind F1 New York is to increase the F1 audience and not alienate them from the start, such issues would have to be considered. Nevertheless, F1 racing on the streets of Manhattan would be a monumental achievement for Mr. Chase Carey.
Conversely, the improvements needed to render Jones Beach a temporary race venue would result in 50 acres of new parkland, connecting F1 to New York in a positive manner.
Meanwhile, the proposed circuit, surrounded by elevated grandstands, providing spectators a view of the race from most seats, would provide a positive experience for the spectators/fans. Of course, an F1 dual-position strategy within New York, comprised of Jones Beach and Manhattan, would provide a most positive experience for F1 sponsors.
(Note: Jones Beach is visited by 6 million people annually. Therefore, by Jones Beach, the recognition created for F1 is not something to be under-estimated or ignored.)
With regards to who would promote the race?
The established scenario of an external promoter, while feasible, would likely be more complicated and less appealing to New York State than F1 promoting the race itself. (Besides, by F1 Group promoting the race, it collects revenue from ticket sales.)
A subtle example can be drawn from Mercedes-Benz and its flagship Manhattan dealership, which prominently states on its web site:
"We are the only Mercedes-Benz dealership in the United States owned and directly operated by Mercedes-Benz."
Mercedes-Benz realized the importance of its customers within the New York market. Such a concept would apply to Formula One Group, directly overseeing both the proposed partnership with New York State and the Jones Beach venue.
Since Formula One wishes to expand its presence in America while always seeking to develop its global image, then F1 can compensate with regards to New York. To accomplish this, a Copernican Shift is needed within Formula 1 Racing, concerning New York.
After 60 years, maybe the time has come for Formula One to do it on its own, here in New York State. By investing in Jones Beach, creating an American-centric large-scale circuit surrounded by elevated grandstands, creating a sustainable two-race U.S. platform, and strategically advertising the F1 brand and all its races from Manhattan.
Formula 1 New York
A future in New York benefits all within F1 and should motivate the F1 family to reflect on a reasonable shift of its existing resources. Since the initial costs to improve Jones Beach and market, F1 in Manhattan could easily be divided between the owners, constructors, teams (possibly their respective principal sponsors), and most certainly investors. (After all, this is New York, the capital of investment.) Thus, rendering the initial cost of the U.S. Grand Prix at Jones Beach project quite manageable.
Investing in Jones Beach to create a race venue used one week per year would result in 50 acres of new parkland for use the remainder of the year. Thus, conceivably becoming the basis for New York State funding (possibly Federal funding) being made available for engineering services and some infrastructure improvements to the park, further offsetting the initial costs.
Should Formula 1 come to Jones Beach, then Moto GP could conceivably race the following weekend; therefore, F1 and Moto GP could conceivably share in the cost of erecting and dismantling the temporary grandstands and temporary components. Logically, a second global motorsports event at Jones Beach would fund the park even further.
F1 has not reached its full potential in America or the region. Therefore, the cost of achieving a sustainable two-race U.S. platform from realistically, the only state capable of providing F1 an all-encompassing, self-sustaining, self-promoting, local to global spectrum solution, becomes secondary.
A mutually beneficial partnership between Formula One and New York State, established with goodwill, and coupled to the incremental tax model, a model proven by Mr. Bobby Epstein at Circuit of the Americas, and a model to be adopted by New York State due to this projects global scope and potential investment by F1, would culminate in:
A PROPOSAL TO BRING Formula 1 racing TO NEW YORK
U.S. GRAND PRIX AT JONES BEACh - USGP JB
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