Travel Ban From EU into USA for 30 days
#111
Registered
#112
Registered
iTrader: (1)
Reading the ripple effect of this COVID 19 is a red flag!
I follow the Formula 1 car racing and in the last 4 days, the season opener in Australia scheduled for the 15th March was cancelled, Bahrain and Vietnam have been postponed indefinitely, China was already postponed. Now hopes of opening the season in May but it's by no means definite.
F1 is perhaps the most expensive traveling show in the world. It's costing manufacturers and the FIA a fortune and creating up to 300,000 pissed off fans at each weekend, many of whom travel across the oceans to see the spectacle. I know it's not the most popular sport in the U.S. but it's worth a fortune in revenue and right now, the season looks pretty bleak.
RR
I follow the Formula 1 car racing and in the last 4 days, the season opener in Australia scheduled for the 15th March was cancelled, Bahrain and Vietnam have been postponed indefinitely, China was already postponed. Now hopes of opening the season in May but it's by no means definite.
F1 is perhaps the most expensive traveling show in the world. It's costing manufacturers and the FIA a fortune and creating up to 300,000 pissed off fans at each weekend, many of whom travel across the oceans to see the spectacle. I know it's not the most popular sport in the U.S. but it's worth a fortune in revenue and right now, the season looks pretty bleak.
RR
I watch F1 show on Netflix, dumb question, how do they get all the cars and hardware to each race? it`s on 12 continents doesn`t seem possible unless they have parts , cars and supplies in each country?
#113
Gold Member
Gold Member
The biggest teams (biggest budgets) send everything air freight 1-2 weeks beforehand, often direct to the next race location, depending on time. That includes cars, tools, equipment, pit gear, even down to office furniture, desks and chairs.
The smaller teams send cars and mechanical stuff air freight but for bulky items of less value like furniture and pit signage, I think they have about 3 sets of each and send it by sea freight 4-5 weeks ahead to save the horrible cost of air freight. They keep moving the sets of furniture 3 races ahead. Logistic nightmare!
RR
Edit: found this, explains it better than I did..... 1-article.how-does-an-f1-team-get-two-cars-and-42-tonnes-of-freight-to-australiato-australia.79.html
Last edited by rak rua; 03-16-2020 at 08:57 PM.
#114
Gold Member
Gold Member
Sorry if you can't get the above link to work, it's quite interesting.
Here's the guts of it.
Here's the guts of it.
#116
Correspondent
Correspondent
#118
Registered
iTrader: (1)
Well as Matt says, the situation is Dynamic! The stock market was trying to price in a month or two of the economy being on lock down when Pres. Trump threw out the possibility of us not hitting peak corona positives until July or August. No surprise the market freaked and accelerated the correction.
If the current plan involves keeping most people on lock-down until July or August they had better come up with a plan B. There will be no economy left to pick up the pieces of. They may need to give it 6 weeks to ramp up temp hospitals and work on a plan to isolate the most at risk and then let the chips fall.
Until the WH talks back off those July/Aug timetable the market will continue to get destroyed.
If the current plan involves keeping most people on lock-down until July or August they had better come up with a plan B. There will be no economy left to pick up the pieces of. They may need to give it 6 weeks to ramp up temp hospitals and work on a plan to isolate the most at risk and then let the chips fall.
Until the WH talks back off those July/Aug timetable the market will continue to get destroyed.
Last edited by Marginmn; 03-17-2020 at 12:24 PM.
#119
Registered
Thread Starter
US/ Can border officially shut down to general traffic and tourism - commercial traffic still in effect!