<?xml version="1.0" encoding="UTF-8"?><rss
version="2.0"
xmlns:content="http://purl.org/rss/1.0/modules/content/"
xmlns:dc="http://purl.org/dc/elements/1.1/"
xmlns:atom="http://www.w3.org/2005/Atom"
xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
> <channel><title>Comments on: $4,378,133 &#8211; the price of a point in 2008</title> <atom:link href="http://www.f1fanatic.co.uk/2008/11/09/4378133-the-price-of-a-point-in-2008/feed/" rel="self" type="application/rss+xml" /><link>http://www.f1fanatic.co.uk/2008/11/09/4378133-the-price-of-a-point-in-2008/</link> <description>F1 Fanatic - The Formula 1 Blog with F1 news, pictures, video, comment and analysis</description> <lastBuildDate>Tue, 16 Mar 2010 13:39:05 +0000</lastBuildDate> <generator>http://wordpress.org/?v=2.8.6</generator> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <item><title>By: Chaz</title><link>http://www.f1fanatic.co.uk/2008/11/09/4378133-the-price-of-a-point-in-2008/comment-page-1/#comment-229274</link> <dc:creator>Chaz</dc:creator> <pubDate>Tue, 16 Dec 2008 20:41:47 +0000</pubDate> <guid
isPermaLink="false">http://www.f1fanatic.co.uk/?p=12231#comment-229274</guid> <description>wow!!!</description> <content:encoded><![CDATA[<p>wow!!!</p> ]]></content:encoded> </item> <item><title>By: Keith Collantine</title><link>http://www.f1fanatic.co.uk/2008/11/09/4378133-the-price-of-a-point-in-2008/comment-page-1/#comment-224997</link> <dc:creator>Keith Collantine</dc:creator> <pubDate>Tue, 11 Nov 2008 10:55:49 +0000</pubDate> <guid
isPermaLink="false">http://www.f1fanatic.co.uk/?p=12231#comment-224997</guid> <description>John W - Presumably the teams factor that in when planning their budgets. I&#039;ve never seen figures for how much money FOM gives each of the teams, I&#039;d be very interested to see it if you have them.</description> <content:encoded><![CDATA[<p>John W &#8211; Presumably the teams factor that in when planning their budgets. I&#8217;ve never seen figures for how much money FOM gives each of the teams, I&#8217;d be very interested to see it if you have them.</p> ]]></content:encoded> </item> <item><title>By: John W</title><link>http://www.f1fanatic.co.uk/2008/11/09/4378133-the-price-of-a-point-in-2008/comment-page-1/#comment-224994</link> <dc:creator>John W</dc:creator> <pubDate>Tue, 11 Nov 2008 10:41:17 +0000</pubDate> <guid
isPermaLink="false">http://www.f1fanatic.co.uk/?p=12231#comment-224994</guid> <description>You are forgetting the most important factor.. The FOM monies. This is the slice of the TV / media revenue that is distributed amongst the teams, for each point earnt.I urge you to draw that chart up (income), then overlay it with the chart on this page showing expenditure.. Now that would be interesting!</description> <content:encoded><![CDATA[<p>You are forgetting the most important factor.. The FOM monies. This is the slice of the TV / media revenue that is distributed amongst the teams, for each point earnt.</p><p>I urge you to draw that chart up (income), then overlay it with the chart on this page showing expenditure.. Now that would be interesting!</p> ]]></content:encoded> </item> <item><title>By: DH</title><link>http://www.f1fanatic.co.uk/2008/11/09/4378133-the-price-of-a-point-in-2008/comment-page-1/#comment-224970</link> <dc:creator>DH</dc:creator> <pubDate>Tue, 11 Nov 2008 04:55:51 +0000</pubDate> <guid
isPermaLink="false">http://www.f1fanatic.co.uk/?p=12231#comment-224970</guid> <description>In the Defence of the Japanese Marquees on the grid I can say one thing, their Formula1 management is German in Case of Toyota and British in case of Honda, and sometimes I get feeling that the British and German management have taken the Japanese auto giants for a ride.The Japanese Bosses should take page from Carlos Ghosn&#039;s book and the relation of Renault with their F1 team.If I was part of Japanese management I would have pulled plug on the F1 operations</description> <content:encoded><![CDATA[<p>In the Defence of the Japanese Marquees on the grid I can say one thing, their Formula1 management is German in Case of Toyota and British in case of Honda, and sometimes I get feeling that the British and German management have taken the Japanese auto giants for a ride.</p><p>The Japanese Bosses should take page from Carlos Ghosn&#8217;s book and the relation of Renault with their F1 team.</p><p>If I was part of Japanese management I would have pulled plug on the F1 operations</p> ]]></content:encoded> </item> <item><title>By: Alianora La Canta</title><link>http://www.f1fanatic.co.uk/2008/11/09/4378133-the-price-of-a-point-in-2008/comment-page-1/#comment-224967</link> <dc:creator>Alianora La Canta</dc:creator> <pubDate>Tue, 11 Nov 2008 01:23:00 +0000</pubDate> <guid
isPermaLink="false">http://www.f1fanatic.co.uk/?p=12231#comment-224967</guid> <description>Very true, John H :D Santander having that slightly smug tone in their new advert is priceless...</description> <content:encoded><![CDATA[<p>Very true, John H <img
src='http://www.f1fanatic.co.uk/wp-includes/images/smilies/icon_biggrin.gif' alt=':D' class='wp-smiley' /> Santander having that slightly smug tone in their new advert is priceless&#8230;</p> ]]></content:encoded> </item> <item><title>By: John H</title><link>http://www.f1fanatic.co.uk/2008/11/09/4378133-the-price-of-a-point-in-2008/comment-page-1/#comment-224896</link> <dc:creator>John H</dc:creator> <pubDate>Mon, 10 Nov 2008 13:32:26 +0000</pubDate> <guid
isPermaLink="false">http://www.f1fanatic.co.uk/?p=12231#comment-224896</guid> <description>Interesting article. But the 1pt more Hamilton got compared to Massa was certainly worth more than $4.4m!</description> <content:encoded><![CDATA[<p>Interesting article. But the 1pt more Hamilton got compared to Massa was certainly worth more than $4.4m!</p> ]]></content:encoded> </item> <item><title>By: John Spencer</title><link>http://www.f1fanatic.co.uk/2008/11/09/4378133-the-price-of-a-point-in-2008/comment-page-1/#comment-224875</link> <dc:creator>John Spencer</dc:creator> <pubDate>Mon, 10 Nov 2008 11:48:00 +0000</pubDate> <guid
isPermaLink="false">http://www.f1fanatic.co.uk/?p=12231#comment-224875</guid> <description>Despite what we were taught at school (and what your calculator may still tell you), division by zero is &#039;undefined&#039; rather than giving infinity. That still presents a problem as to how to assess Force India&#039;s performance - was it worthless for their sponsors?It&#039;s easier to rate a team&#039;s performance by stripping the quantitative aspect, and comparing them by rank.  By contrasting a team&#039;s rank in the constructors championship with their rank in the spending league, we can see how effectively they spend money.Honda has the worst performance, from fourth in the spending league to ninth in the constructor&#039;s championship.Toyota is next, #1 in spending, but 4 places lower in the manufacturers&#039;, at fifth.Four teams are at the same position in the spending league and the constructors&#039; table - McLaren, Red Bull, Williams and Force IndiaRenault is fifth in the spending league, but finished 1 place higher - fourth - in the constructorsFerrari finished two places ahead of their spending position - obviously first in the constructors but only third in spending.BMW and Toro Rosso both finished 3 places higher in the constructors than in the spending league.In terms of bang per buck, I would rank the teams:1. BMW
2. Torro Rosso
3. Ferrari
4. Renault
5. McLaren
6. Red Bull
7. Williams
8. Force India
9. Toyota
10 HondaHowever, there are other measures of exposure (eg in terms of TV coverage) which I can&#039;t find a link to, and which the teams use to persuade their sponsors what good value for money they&#039;re getting.You could argue that Torro Rosso and Red Bull are really one big superteam, and should be considered together, but even their combined budget leaves them at the same place as Red Bull in the spending league.</description> <content:encoded><![CDATA[<p>Despite what we were taught at school (and what your calculator may still tell you), division by zero is &#8216;undefined&#8217; rather than giving infinity. That still presents a problem as to how to assess Force India&#8217;s performance &#8211; was it worthless for their sponsors?</p><p>It&#8217;s easier to rate a team&#8217;s performance by stripping the quantitative aspect, and comparing them by rank.  By contrasting a team&#8217;s rank in the constructors championship with their rank in the spending league, we can see how effectively they spend money.</p><p>Honda has the worst performance, from fourth in the spending league to ninth in the constructor&#8217;s championship.</p><p>Toyota is next, #1 in spending, but 4 places lower in the manufacturers&#8217;, at fifth.</p><p>Four teams are at the same position in the spending league and the constructors&#8217; table &#8211; McLaren, Red Bull, Williams and Force India</p><p>Renault is fifth in the spending league, but finished 1 place higher &#8211; fourth &#8211; in the constructors</p><p>Ferrari finished two places ahead of their spending position &#8211; obviously first in the constructors but only third in spending.</p><p>BMW and Toro Rosso both finished 3 places higher in the constructors than in the spending league.</p><p>In terms of bang per buck, I would rank the teams:</p><p>1. BMW<br
/> 2. Torro Rosso<br
/> 3. Ferrari<br
/> 4. Renault<br
/> 5. McLaren<br
/> 6. Red Bull<br
/> 7. Williams<br
/> 8. Force India<br
/> 9. Toyota<br
/> 10 Honda</p><p>However, there are other measures of exposure (eg in terms of TV coverage) which I can&#8217;t find a link to, and which the teams use to persuade their sponsors what good value for money they&#8217;re getting.</p><p>You could argue that Torro Rosso and Red Bull are really one big superteam, and should be considered together, but even their combined budget leaves them at the same place as Red Bull in the spending league.</p> ]]></content:encoded> </item> <item><title>By: AJ</title><link>http://www.f1fanatic.co.uk/2008/11/09/4378133-the-price-of-a-point-in-2008/comment-page-1/#comment-224861</link> <dc:creator>AJ</dc:creator> <pubDate>Mon, 10 Nov 2008 03:24:18 +0000</pubDate> <guid
isPermaLink="false">http://www.f1fanatic.co.uk/?p=12231#comment-224861</guid> <description>Interesting analysis Keith. I was wondering how much of these formula 1 budgets come from the side of the sponsors ?</description> <content:encoded><![CDATA[<p>Interesting analysis Keith. I was wondering how much of these formula 1 budgets come from the side of the sponsors ?</p> ]]></content:encoded> </item> <item><title>By: michael counsell</title><link>http://www.f1fanatic.co.uk/2008/11/09/4378133-the-price-of-a-point-in-2008/comment-page-1/#comment-224859</link> <dc:creator>michael counsell</dc:creator> <pubDate>Mon, 10 Nov 2008 00:59:29 +0000</pubDate> <guid
isPermaLink="false">http://www.f1fanatic.co.uk/?p=12231#comment-224859</guid> <description>This article is pointless...You are dividing the teams&#039; yearly budget by an abstract performance indicator.  E.g Ferrari are not $414,900,000.00 worse off than they were last season.  A large amount of that money is sponsorship which they would not if the did not race and perform, and the rest comes from car sales which are boosted by the teams presence is F1.</description> <content:encoded><![CDATA[<p>This article is pointless&#8230;</p><p>You are dividing the teams&#8217; yearly budget by an abstract performance indicator.  E.g Ferrari are not $414,900,000.00 worse off than they were last season.  A large amount of that money is sponsorship which they would not if the did not race and perform, and the rest comes from car sales which are boosted by the teams presence is F1.</p> ]]></content:encoded> </item> <item><title>By: Patrickl</title><link>http://www.f1fanatic.co.uk/2008/11/09/4378133-the-price-of-a-point-in-2008/comment-page-1/#comment-224843</link> <dc:creator>Patrickl</dc:creator> <pubDate>Sun, 09 Nov 2008 20:10:17 +0000</pubDate> <guid
isPermaLink="false">http://www.f1fanatic.co.uk/?p=12231#comment-224843</guid> <description>This doesn&#039;t account for which season the teams spent the budget on. For instance Renault and McLaren spent a lot of money towards the 2008 season at the end of this season. Honda seems to have switched to 2009 after the first race and BMW halfway through the season.So a lot of the Honda budget might actually translate into points next year.</description> <content:encoded><![CDATA[<p>This doesn&#8217;t account for which season the teams spent the budget on. For instance Renault and McLaren spent a lot of money towards the 2008 season at the end of this season. Honda seems to have switched to 2009 after the first race and BMW halfway through the season.</p><p>So a lot of the Honda budget might actually translate into points next year.</p> ]]></content:encoded> </item> <item><title>By: Oliver</title><link>http://www.f1fanatic.co.uk/2008/11/09/4378133-the-price-of-a-point-in-2008/comment-page-1/#comment-224837</link> <dc:creator>Oliver</dc:creator> <pubDate>Sun, 09 Nov 2008 17:41:28 +0000</pubDate> <guid
isPermaLink="false">http://www.f1fanatic.co.uk/?p=12231#comment-224837</guid> <description>AussieLeb, I was just thinking the very same thing. Apparently, ForceIndia and Super Aguri spent and infinite amount per point. This is more a flaw in Mathematics and Statistics. The solution I think would be to award every team a nominal point for participating.The alternative route of establishing a base team unit comprising essential staff and the associated budgets for salaries, travel expenses and etc, might not necessarily be correct, as teams have different pay packages for their staff.</description> <content:encoded><![CDATA[<p>AussieLeb, I was just thinking the very same thing. Apparently, ForceIndia and Super Aguri spent and infinite amount per point. This is more a flaw in Mathematics and Statistics. The solution I think would be to award every team a nominal point for participating.</p><p>The alternative route of establishing a base team unit comprising essential staff and the associated budgets for salaries, travel expenses and etc, might not necessarily be correct, as teams have different pay packages for their staff.</p> ]]></content:encoded> </item> <item><title>By: stevepCambsUK</title><link>http://www.f1fanatic.co.uk/2008/11/09/4378133-the-price-of-a-point-in-2008/comment-page-1/#comment-224833</link> <dc:creator>stevepCambsUK</dc:creator> <pubDate>Sun, 09 Nov 2008 14:39:40 +0000</pubDate> <guid
isPermaLink="false">http://www.f1fanatic.co.uk/?p=12231#comment-224833</guid> <description>Honda were $28m compared to ferrari&#039;s $2m per point....
The Concorde Agreement runs out in 2012</description> <content:encoded><![CDATA[<p>Honda were $28m compared to ferrari&#8217;s $2m per point&#8230;.<br
/> The Concorde Agreement runs out in 2012</p> ]]></content:encoded> </item> <item><title>By: Richard</title><link>http://www.f1fanatic.co.uk/2008/11/09/4378133-the-price-of-a-point-in-2008/comment-page-1/#comment-224832</link> <dc:creator>Richard</dc:creator> <pubDate>Sun, 09 Nov 2008 14:24:25 +0000</pubDate> <guid
isPermaLink="false">http://www.f1fanatic.co.uk/?p=12231#comment-224832</guid> <description>I also think with red bull&#039;s relatively small budget it might, unfortunately take a while before we see a repeat of monza with a vettle win</description> <content:encoded><![CDATA[<p>I also think with red bull&#8217;s relatively small budget it might, unfortunately take a while before we see a repeat of monza with a vettle win</p> ]]></content:encoded> </item> <item><title>By: Robert McKay</title><link>http://www.f1fanatic.co.uk/2008/11/09/4378133-the-price-of-a-point-in-2008/comment-page-1/#comment-224830</link> <dc:creator>Robert McKay</dc:creator> <pubDate>Sun, 09 Nov 2008 13:53:56 +0000</pubDate> <guid
isPermaLink="false">http://www.f1fanatic.co.uk/?p=12231#comment-224830</guid> <description>$2.4m per point. One wonders how much the reward per points as per defined in the Concorde Agreement compares to that.</description> <content:encoded><![CDATA[<p>$2.4m per point. One wonders how much the reward per points as per defined in the Concorde Agreement compares to that.</p> ]]></content:encoded> </item> <item><title>By: Richard</title><link>http://www.f1fanatic.co.uk/2008/11/09/4378133-the-price-of-a-point-in-2008/comment-page-1/#comment-224828</link> <dc:creator>Richard</dc:creator> <pubDate>Sun, 09 Nov 2008 12:35:51 +0000</pubDate> <guid
isPermaLink="false">http://www.f1fanatic.co.uk/?p=12231#comment-224828</guid> <description>Despite toyota&#039;s and honda&#039;s recent lack of competitiveness with budgets like those the impending rule changes are starting to look more into the favour of the giant manufacturers</description> <content:encoded><![CDATA[<p>Despite toyota&#8217;s and honda&#8217;s recent lack of competitiveness with budgets like those the impending rule changes are starting to look more into the favour of the giant manufacturers</p> ]]></content:encoded> </item> <item><title>By: AussieLeb</title><link>http://www.f1fanatic.co.uk/2008/11/09/4378133-the-price-of-a-point-in-2008/comment-page-1/#comment-224827</link> <dc:creator>AussieLeb</dc:creator> <pubDate>Sun, 09 Nov 2008 12:33:23 +0000</pubDate> <guid
isPermaLink="false">http://www.f1fanatic.co.uk/?p=12231#comment-224827</guid> <description>Hi guys,I have to say that at first I thought these numbers where phenomenal but on further reflection I realised they are slightly flawed. Not in pure mathematical terms but rather in rational terms. I&#039;m not sure of the exact figure but I suggest that there needs to be an offset applied or baseline figure applied that would esssentially exclude teams that earned no points i.e. the &quot;also rans&quot;.In other words there should be a figure applied (subtracted) for the cost of having a car on the track, before you can really determine who got the best value for money.It made sense when I thought about it....since having written it though the lines have become a little blurred!</description> <content:encoded><![CDATA[<p>Hi guys,</p><p>I have to say that at first I thought these numbers where phenomenal but on further reflection I realised they are slightly flawed. Not in pure mathematical terms but rather in rational terms. I&#8217;m not sure of the exact figure but I suggest that there needs to be an offset applied or baseline figure applied that would esssentially exclude teams that earned no points i.e. the &#8220;also rans&#8221;.</p><p>In other words there should be a figure applied (subtracted) for the cost of having a car on the track, before you can really determine who got the best value for money.</p><p>It made sense when I thought about it&#8230;.since having written it though the lines have become a little blurred!</p> ]]></content:encoded> </item> </channel> </rss>
<!-- This site's performance optimized by W3 Total Cache. Dramatically improve the speed and reliability of your blog!

Learn more about our WordPress Plugins: http://www.w3-edge.com/wordpress-plugins/

Minified using disk
Page Caching using disk (user agent is rejected)
Database Caching using disk

Served from: mailout4.uk2.net @ 2010-03-16 13:44:14 -->