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Jeff the Chef

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Everything posted by Jeff the Chef

  1. https://sites.lsa.umich.edu/mje/2024/04/29/is-hosting-an-f1-race-financially-feasible/ Formula One: it is the pinnacle of motorsport, the highest and fastest form of it. The wealthiest individuals pay exorbitant amounts to watch it, the largest corporations vie for limited spots to sponsor it and team owners take on huge premiums to put their drivers behind the wheel. Despite all this, it still is a huge financial burden on the local governments and private track owners who team up to fund and host Formula One Grand Prix (Balla, 2023). Profits are not guaranteed and sometimes breaking even is considered lucky. So how is this even possible? How is success so hard in an industry pulling in so much money? To answer that question, it is important to start at the beginning of the business operation track owners embark on in hosting. And from the beginning they are already losing money. If they do not already have one, they must design and build a track typically costing upwards of $270 million, with yearly maintenance fees averaging $18.5 million (Balla, 2023). Moreover, these costs do not even include the necessary track additions for races such as grandstands (~$14 million), safety barriers and fencing (~$8 million), race pits, offices, parking lots etc., (Sylt, 2017). But if miraculously, owners already have all this, they do not avoid paying up. After a track is in place and Liberty Media, the owner of Formula One, has completed its necessary track inspections, track hosts must pay a hosting/race promotion fee to Liberty Media. This fee must be paid for every single race hosted and is estimated to be between $15-50 million and upwards for prime time races like the Qatar Grand Prix towards the end of the season (Bodsworth, 2023). So at this point everything should be finalized and Liberty Media should have its full profit, right? Unfortunately, no. Liberty Media continues to take more. All revenue from track sponsors and broadcasting rights for races goes to Liberty Media. And for the 2023 season, sponsorship revenue came out to $445 million (Cronin, 2023) while for the 2022 season (2023 results not in yet) broadcasting revenue came out to be $936 million (Agini, 2023; Cronin, 2023). So as unfortunate as it is, track owners are left with very little revenues from Grand Prix. Ticket revenues end up being their sole source of income, which in most cases is just not enough to be profitable.
  2. Thanks, I'm a smoker and always end up at the back with the bulk of the village Ne'er-do-well's, being plied with Thai whiskey and dodgy rice wine, Madam or her big sister always good for a yakyak down my ear if I go to far, lol Funerals are never sad over here, last Saturday my Thai friends son "made a Monk" now there's a party 🤪
  3. yeah but you're a Scouser and I'm from God's County over the Pennines 🙃 I can't believe I forgot about pigtails and I spelt plait wrong, this age thing is a right pain, cheers.
  4. In the UK we call them Platts, great things to hold on to for a DT/BJ
  5. It's ok in a gin & tonic if you run out of lemon lemons.
  6. As I said from the bottom of the OP the link went to https://labour.org.uk/resources/labours-islamophobia-policy/ I then Goggled labour Party Antisemitism Policy and found this: https://labour.org.uk/resources/labours-antisemitism-policy/ 2 different documents.
  7. Not to me it wasn't, https://labour.org.uk/resources/labours-islamophobia-policy/
  8. I suppose this is going to join the https://labour.org.uk/resources/labours-antisemitism-policy/
  9. Yes, I forgot about that, there like fly's here, on the actual burning day, after all the bowing and robs for the Monks give away we get to line up to tap the coffin and a quick head bow, came down the steps and get a new 20baht note in a plastic wrapper, Madam immediately looks at the numbers and they both match, lol. Straight off to the lottery sales woman to buy a 100bahts worth of tickets, she knows full well I won't normally buy any but I've been on the Thai whiskey all day and give in, needless to say we didn't win anything.
  10. The village Matriarch died the other week, she was 96, lovely woman, so she ends up laid out inthe local Temple for 5 days as is the tradition, all the local big wigs are there every night for the prayers from the Monks and the immediate family sleep in the Temple. My Mrs says she's going to sleep over on the last 2 nights, why's that says I, she laughs and says we're having a game of "dummy rummy" and there's money to be won. No sooner are the chairs stacked up then the cards come out, before I go home there's 3 lots of 4 playing cards and a crowd playing the Thai bingo/roulette game, I love Thailand.
  11. As a Brit living in Thailand this load of jokers makes me smile. and to think we have just under 4 years more of this comedy. Leaders of the free world and the most powerful nation on Earth, scary, or what?
  12. She would have heard some proper French if I had been in the pool, bloody cheek, it would have been get the F out of here, I'm staying put, WTF , unbelievable.
  13. I've got a full set of dentures, the plastic type and even with a daily clean the pink gum parts do brown up a bit, not visible except when I take them out to clean or when scaring her families toddlers, the kids love that , lol. I use Polident tablets because they are available from our local Pharmacy.
  14. I'm a Tetley's extra strong builder's tea lover, tried all the others, but nothing else will do for me. got it as a favourite on Lazada, comes up now and again as slightly damage box, around 300baht delivered, 80 in a box.
  15. https://www.nookiesdelights.3baht.net/ Sadly, Paul Phillips AKA Nookiebear, passed away unexpectedly on Monday 30 September 2024. Our thoughts and prayers are with his family at this most difficult time. Thank you for your understanding and consideration. The food delivery service is now discontinued, but food can still be purchased locally in person, by arrangement at Bon's house in Sakut. Please phone in advance prior to turning up unannounced, to ensure someone will be there to meet you, thus avoiding disappointment, and a wasted journey.
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