The Japan’s earthquake in nuclear crisis could be far reaching with reports claiming that the attendance at this year’s Japanese Grand Prix could be affected.
Despite there being no damage at the Suzuka circuit as a result of the recent earthquake and tsunami, there are grave fears that the usually popular event could see fewer spectators at this year’s Grand Prix.
"The problem is not to be any damage to the circuit, it is how much damage is done commercially with people buying tickets," Formula One supremo Bernie Ecclestone is quoted as saying in the Daily Mail.
It is also reported that Ecclestone has already begun counting the costs of the losses in one of the sport’s biggest money-earners: the corporate hospitality areas.
The 2010 balance sheets show that this area netted a $5.2 million loss, which sponsors cutting spending on hospitality. This in turn saw event organisers jack up ticket prices to offset their losses.
[Original image via The Cahier Archive]
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