2014 Austrian Grand Prix Preview

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Formula 1 returns to Austria this weekend after eleven years away, and anticipation is high for the first race at the revamped Red Bull Ring in Spielberg.

The race was last held in 2003 at what was then called the A1 Ring, but it fell off the calendar the following year as the facilities became run down and the money dried up. In 2008, Red Bull came to the rescue with funding, and it has since been transformed into a state-of-the-art racing facility where Formula 1 needs to be.

The home favorites will of course be Red Bull, given that the team is Austrian, although a large German contingency will undoubtedly come out in support of Mercedes. The Silver Arrows will want to hit back this weekend after the catastrophe in Canada, which afforded Daniel Ricciardo the opportunity to win his maiden grand prix.

2014 Austrian Grand Prix – Talking Points

Red Bull comes home on a high

Given that it debuted back in 2005, Red Bull has never raced on home soil, but that will change this weekend. Sebastian Vettel and Daniel Ricciardo will look to put on a show for the fans, and the team enters the weekend on a high following the cheery Australian’s victory last time out in Canada. Anything less than a podium finish would have to go down as a disappointment.

Mercedes still the team to beat

Hoping to rain on Red Bull’s parade will be Mercedes, who looks to continue its perfect pole position streak and return to the top step of the podium. Nico Rosberg’s championship lead now stands at 22 points over teammate Lewis Hamilton, but neither has raced in F1 on this circuit. It could be another classic tussle between our two title protagonists this weekend.

Back to the future?

In planning for this weekend’s race, all of the teams will have been putting their drivers through their paces on the simulator as usual. However, many of the drivers will have raced in Spielberg in their junior formulae days, giving them something to hark back on. It’s great to be back in a country that loves F1.

Ferrari hopes for better… which won’t be hard

In Canada, just eleven cars finished the race. Out of said eleven, Ferrari drivers Fernando Alonso and Kimi Raikkonen were classified in sixth and tenth place respectively; nothing short of terrible. This weekend, the Italian marque will hope to bounce back at a race it has won on five occasions, including the last Austrian GP in 2003. Good points for both drivers must be the target this weekend.

It’s good to be back

Austria’s return to the F1 calendar was funded and brokered by Red Bull’s billionaire owner Dietrich Mateschitz, and it has bucked the trend of the sport’s recent global expansion. Another European race may mean another early start on Sunday for American fans, but boy-oh-boy is this race a special one. It’s a true ‘old style’ circuit, and with new style cars, it could be a thrilling event on all counts.

Austria – Facts and Figures

Track: Red Bull Ring
Laps: 
71
Corners: 8
Lap Record: Michael Schumacher 1:08.337 (2003)
Tyre Compounds: Super-Soft (Option); Soft (Prime)
Last Held: 2003
2003 Winner: Michael Schumacher (Ferrari)
2003 Pole Position: Michael Schumacher 1:09.150
2013 Fastest Lap: Michael Schumacher 1:08.337
DRS Zone: Main straight (T8 to T1); T2 to T3

Click here for full details on NBCSN’s broadcasting of the Austrian Grand Prix.

Street race in Vietnam could lead Formula One’s Asia expansion

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TOKYO (AP) — Formula One is expected to add more races in Asia, including a street circuit in the capital of Vietnam, a country with little auto racing history that is on the verge of getting a marquee event.

“We think Hanoi could come on in the next couple of years, and we’re working with the Hanoi government to that end,” Sean Bratches, Formula One’s managing director of commercial operations, told the Associated Press.

There is even speculation it could be on the schedule next season, which Bratches rebuffed.

Vietnam would join countries like Azerbaijan, Russia and Bahrain, which have Grand Prix races, little history in the sport, and authoritarian governments with deep pockets that serve F1 as it tries to expand into new markets.

“This (Hanoi) is a street race where we can go downtown, where we can activate a large fan base,” Bratches said. “And you have extraordinary iconography from a television standpoint.”

A second race in China is also likely and would join Shanghai on the F1 calendar. Bratches said deciding where to stage the GP will “be left to local Chinese partners” – Beijing is a strong candidate.

Bratches runs the commercial side of Formula One, which was acquired last year by U.S.-based Liberty Media from long-time operator Bernie Ecclestone.

Formula One’s long-term goal is to have 24-25 races – up from the present 21 – and arrange them in three geographical segments: Asia, Europe and the Americas. Bratches said the Europe-based races would stay in middle of the calendar, with Asia or the Americas opening or ending the season.

He said their positioning had not been decided, and getting this done will be slowed by current contracts that mandate specific places on the calendar for several races. This means eventually that all the races in Asia would be run together, as would races in Europe and the Americas.

The F1 schedule is now an inefficient jumble, allowing Bratches to take a good-natured poke at how the sport was run under Ecclestone.

“We’ve acquired an undermanaged asset that’s 67-years-old, but effectively a start-up,” Bratches said.

Early-season races in Australia and China this year were conducted either side of a trip to Bahrain in the Middle East. Late in the season Formula One returns to Asia with races in Japan and Singapore.

The Canadian GP this season is run in the middle of the European swing, separated by four months from the other races in the Americas – the United States, Mexico and Brazil. These three are followed by the season-ending race in Abu Dhabi, which means another trip across the globe.

“With the right economics, with the right structure and cadence of events across territories, 24 or 25 is probably where we’d like to be from a longer-term standpoint,” Bratches said.

Big changes are not likely to happen until the 2020 season ends. This is when many current rules and contracts expire as F1’s new owners try to redistribute some income to allow smaller teams to compete.

“There’s more interest than we have capacity in the schedule,” Bratches said, firing off Berlin, Paris or London as potentially attractive venues. “We want to be very selective.”

“Those cites from an economic impact standpoint would find us value, as do others around the world,” Bratches added. “It’s very important for us as we move forward to go to locations that are a credit to the Formula One brand.”

An expanded schedule would have to be approved by the teams, which will be stretched by the travel and the wear-and-tear on their crews. The burden will fall on the smaller teams, which have significantly smaller revenue compared with Ferrari, Mercedes or Red Bull.

Bratches also envisions another race in the U.S., joining the United States Grand Prix held annually in Austin, Texas. A street race in Miami is a strong candidate, as are possible venues like Las Vegas or New York.

“We see the United States and China as countries that could support two races,” he said.

Liberty Media has reported Formula One’s total annual revenue at $1.8 billion, generated by fees paid by promoters, broadcast rights, advertising and sponsorship. Race promotion fees also tend to be higher in Asia, which makes the area attractive – along with a largely untapped fan base.

In a four-year cycle, F1 generates more revenue than FIFA or the International Olympic Committee, which rely almost entirely on one-time showcase events.

Reports suggest Vietnamese promoters may pay between $50-60 million annually as a race fee, with those fees paid by the government. Bratches said 19 of 21 Formula One races are supported by government payments.

“The race promotion fee being derived from the government … is a model that has worked historically,” Bratches said.