The Economics of Motorsports The Case of Formula One
This book, the first study of its kind, examines the economics behind motorsports, in particular Formula One. Chapters discuss the costs involved in Formula racing and how they are borne by teams, promoters and racers. The book also looks at how society,
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Paulo Mourão
The Economics of Motorsports The Case of Formula One
Paulo Mourão Vila Real, Portugal
ISBN 978-1-137-60248-0 DOI 10.1057/978-1-137-60249-7
ISBN 978-1-137-60249-7 (eBook)
Library of Congress Control Number: 2017935380 © The Editor(s) (if applicable) and The Author(s) 2017 The author(s) has/have asserted their right(s) to be identified as the author(s) of this work in accordance with the Copyright, Designs and Patents Act 1988. This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: Speedpix / Alamy Stock Photo Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Macmillan Publishers Ltd. The registered company address is: The Campus, 4 Crinan Street, London, N1 9XW, United Kingdom
Dedicated to my father, who seeded my love for motorsports
Acknowledgements
This book has only been possible because of the contribution of many people who deserve to be mentioned. First of all, I have to mention the Palgrave Macmillan editors Rachel Sangster and Gemma Leigh. After a preliminary talk with Rachel (in Rome), I felt strongly motivated to submit the initial proposal of this book to Palgrave Macmillan. After I did so, Rachel supported my next proposals, both by asking for details which would enrich the initial versions and by maintaining my interest with very positive messages. During the lengthy process until the first edition of this book appeared in the first bookstore, Rachel and Gemma always had promising words for me, encouraging me to keep writing, researching, and finishing the contents of this book. Gemma Leigh is the other wing of this pair on which I have flown to the far skies that every writer, researcher, and professor inhabits when writing for a vast public. Gemma has sent me many instructions, suggestions, pieces of advice, and warnings during t
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