The F1 rule established by Bernie Extone is to cut leeks for all participants in the entire F1. Whether it is a team club, driver or track, it is actually Bernie's leeks.

Especially for the organizers of the track, they really eat grass and squeeze milk. In addition to spending huge amounts of money on construction, track sponsorship, TV broadcasting, F1 peripheral sharing, and revenue belong to F1 company, major tracks also pay a high event hosting fee to F1 every year.

That is, if the track wants to hold the F1 Grand Prix, it not only cannot get money from F1, but also has to pay a fee to F1. Moreover, the hosting fee is growing at a rate of 5% per year. This has become an unbearable mountain on major tracks...

Even Silverstone, a track that hosted the world's first F1 competition, cannot withstand it. This is still Bernie's hometown in England. It is like this for everyone, not to mention others. The major tracks and sites around the world have been suffering for a long time.

Now Chen Chu suddenly proposed that there is no need to implement an agreement to increase the annual event hosting fee by 5% in the future, so that the major F1 tracks around the world, which were originally indifferent, were instantly staring at Chen Chu.

No track is willing to withdraw from F1, build a track, which can cost billions of dollars. If F1 is not held, it will be abandoned. But Bernie is too cruel to cut leeks. If Chen Chu is really willing to cancel the 5% increase in the cost of 5%, then all major F1 tracks around the world will definitely support Chen Chu!

Bernie felt a bad feeling. Chen Chu made three moves, from drivers to team clubs, and then to F1 tracks, almost all of them were included, and they were constantly being fame and profit.

Whether it was painting big cakes or really preparing to take them out, it was obviously aroused by the entire F1 race practitioners. Bernie was a little suspicious. If he was unwilling to accept the result of today's resolution, how many F1 teams, drivers, and tracks would be willing to set up a new door with him.

"Not only is the clause of the annual 5% increase in hosting fees, the new board of directors will also re-affirm the F1 company, and the revenue distribution of F1 tracks with major team clubs and F1 tracks. In addition to the TV and media broadcasting rights, F1 brand main advertising and sponsors, the rest of F1 teams, advertising sponsorships negotiated independently by the track, peripheral product revenue, and brand cooperation. F1 company only charges 30% of the revenue, and the other 10% of the revenue belongs to the FIA!"

"coax"

The entire scene of the resolution was in an uproar, not to mention the people behind the video, and they almost started to become in chaos.

What does Chen Chu mean? It means that he has completely untied the shackles tied to the necks of major F1 teams and the track. In addition to the official cooperative advertising of F1 companies and the TV media broadcasting rights, they still belong to F1 companies, as long as the other F1 teams and track organizers have the ability to attract advertisements, sponsors, partners, and sell racing peripheral products, they will make money!

Chen Chu directly asked F1 and the FIA ​​to take nearly 40% of the profits from the F1 team club and the track. Is it considered black? Of course it is black. It is equivalent to the track. Team clubs are working for F1 companies, but it depends on who they compare. Compared with Bernie, he directly took nearly 80% or even 90% of the profits, and barely gave major teams and the track some reds and bonuses. Chen Chu is almost doing charity, and there is no harm without comparison!

At this time, Bernie couldn't help but sneer. He thought Chen Chu was completely painting a big cake. He looked at Chen Chu and said to everyone in this resolution, "I know everyone is dissatisfied with the operation of the entire F1, but I can say that the rules I established will allow the entire F1 to operate normally. Some people who don't know F1 at all may completely lead F1 to the end in the future. Whether F1 exists in three years is probably unknown!"

Bernie Extone reminds all major teams and tracks, Chen Chu is painting a big cake, and it is hard to cook without rice. Chen Chu is equivalent to transferring a large amount of F1 company's income to drivers, team clubs, and F1 tracks, but F1 company's revenue has dropped sharply, and it seems that it has drawn a big cake. But in the future, either Chen Chu will take back all these profits, or F1 company will go bankrupt completely!

Countless people looked at Chen Chu in surprise. Although Bernie was stingy, he really had no ability. As he said, if F1 company had no money, it would be hard to say how long it would last in the future.

Chen Chu smiled and looked at everyone present, "I said that Oriental Sports took over F1, but just didn't want this event to disappear into the sports industry in the future..."

This made Bernie very dissatisfied, as if he had brought F1 into a ditch, but Bernie Extone didn't say anything. He knew that no matter how many verbal disputes were at this time, it would be useless. It would be better to look for more weaknesses in the joint acquisition group.

"F1 is one of the three top events in the world, but F1's annual revenue is less than US$4 billion, which is even less than the annual revenue of the Premier League, and not as high as the annual revenue of the NFL Rugby League's annual revenue. This is extremely abnormal for F1!"

Chen Chu knocked on the table, "There are data that F1 car fans and audiences are having a fault. Now the mainstream F1 users are over 42 years old. What does this mean?!"

"The new generation of users, the group with the most consumption potential, is not even as concerned as SG Games' release of a new game."

These words stabbed Bernie Extone like a sharp knife, and a group of F1 executives with him. Why is F1 eager to expand emerging markets? Even Africa, South America and other places not let go? Because the leeks in Europe are almost cut. As the birthplace of F1, the new generation of Europe, let alone like F1 like football, and even doesn't even want to buy a ticket or go to the scene to watch it. Isn't Assassin's Creed a good idea to play SG games at home?

"F1 needs the younger generation and more revenue, not just relying on the increasingly weak TV broadcasting fees. When F1 users continue to lose, the broadcasting fees given to F1 by TV stations will only get lower and lower!"

Chen Chu said bluntly that he wanted to subvert Bernie's previous gameplay. "The new F1 board of directors will re-enter the F1 event into the global mainstream media and establish a new video copyright distribution system. Oriental Network will allow the F1 event to enter the video procurement list of mainstream Asian TV stations. Lagardele Sports will issue the F1 event copyright worldwide. LMC Free Media Group will establish a brand new F1 channel throughout North America!"

"In the future, no matter which region in the world, you will be able to see the F1 racing channel, which will broadcast F1 and other events 24 hours a day. Whether in big cities or remote towns, this channel will become the first channel for countless men to understand F1 events."

Hobbies must be started from childhood. In recent years, Bernie has made F1 farther and farther away from ordinary people, and the broadcasting rights sold are becoming more and more expensive. Major TVs have started to charge, making it more and more difficult for ordinary people to see F1 games. It is strange that the influence has not declined.

Chen Chu wanted to make the F1 event reappear in front of global users, and even if some broadcasting costs were reduced, it would be worth it.

Bernie frowned, he felt a vague feeling. The strength of Oriental Sports, Lagardale Sports, and LMC Free Media Group is somewhat beyond his imagination. If the video copyright system covering the world is really established, the F1 event revenue may really expand rapidly!

However, when Bernie was worried, for Chen Chu, this was just the first plan he made for F1. To be honest, Bernie was able to play F1 so badly, which was beyond Chen Chu's imagination. Even if he followed the Champions League homework, it would not make F1 so miserable, and he could only keep cutting his own people inside.

"In addition to traditional TV, magazines, radio and other media, F1 will also cooperate with emerging media, including Renren Film and Television, Facebook Youtube, Twitter and other media, which will launch F1 videos and events. Through emerging media, F1 will increase its revenue by more than 50 million US dollars every year. If F1 online distribution copyright is smooth, online media will continue to bring 100 million or even more benefits to F1 every year!"

Chen Chu said without blinking. As part of the cooperation, after the acquisition is completed, F1's global Internet media development rights fell into the hands of Oriental Sports. With the strength of platforms such as Facebook, Twitter, Youtube, etc., promoting F1 only makes money without losing money. This is the Internet media distribution rights for top events!

Looking at the people in front of him, Chen Chu took out several plans and distributed them to the people present. Bernie also got one. However, after turning it on, Bernie was stunned at first, with a little disdain on her face, but then she fell into a shock.

Chen Chuyang took the plan in his hand, "F1 needs the support of young users. It not only needs to let them enter the F1 arena and watch the game through TV and computers, but also needs to let young users support F1 through other channels."

"SG Games is willing to cooperate with F1 company to develop the world's top real racing simulation racing game, and will also allow F1 e-sports to enter the official event of WEGL Global Gold League. F1 e-sports will also become a new professional e-sports event, and even enter the esports event options for the Olympics!"

Chen Chu's words, let alone Bernie, the owners and drivers of the entire F1 team and clubs feel a bit ridiculous. The world's top sports events are actually living with games?

If Chen Chu hadn't been the major shareholder of F1 now, he had just painted a lot of big cakes for major teams, and now many people would probably have left.

But the person who got that plan saw that the game developed by SG Games for the F1 event may sell more than five million, or even more than 10 million sets in the future. F  1 can get 35% of the game revenue by just authorizing SG Games to develop games, which means it is possible to get more than 170 million US dollars per year from the revenue of the game share alone!

And this money is not just in the pocket of F1 company, but the entire F1 benefits. For example, if Ferrari's F1 racing appearance and data are used in the game, you need to pay a fee to the Ferrari team club, and if you use a portrait of a driver, you also need to pay a fee to pay for it.
Chapter completed!