Price of the Prix
Price of the Prix With the beginning of the 20201 Formula One season and the immaculate release of the Netflix series on the same, piqued my interest enough to dig into it. Specifically the incentives that keep it going. Formula 1, from what looks like a harmless way to challenge others in a motor race, it has now become a behemoth of its own kind. It is an expensive sport. Relative to most other sports that I can think of, the monetary barrier to entry is high. This begs the question.. How it started and why is it still going ? As a sport, it has to have started with a group of passionate drivers/car manufacturers wanting to compete amongst themselves. As per the F1 history on ESPN F1 it started among a group of car manufacturers and individual entrants wanting to race. However a lot of the individual entrants later had to back out due to lack of funds to continue further. Entertainment : Formula One as a mode of entertainment is no different from other sports. Entertainmen...