Money money money
So there is a spend of £5million to upgrade stands, views, and some track enhancements. And a spend supposedly of £3million per year to Dorna for five years. That's a total of £20million over 5 years, an average of £4million a year spent.
So if (and it's a big IF) 100,000 people turn up per race each paying an average of £50.00 per ticket, plus extras for different stands etc each race would turn about lets say up to £6 million from the public. Then the race teams have to pay to race, the advertisers pay to advertise, TV rights are paid to show the races, stalls sellers pay to sell at their stalls, restaurants, drinks and burger profits, and so on so I would guess that each moto gp race could turn in the region of £10 million.
There are of course running costs for electricity, water, media concessions, freebies, salaries to site staff etc, so lets say costs run at about £1million per race. This would leave what would appear to be a decent profit of £5million per race. But that's if 100,000 people turn up. If as expected at most only 30,000 people turn up per race there will only be a profit of £0.5 million a year. This would just about cover the interest on the original £20million over five years, so you have to ask yourself is it worth it? And yes it bloody well is, Silverstone is a great track, the new plans look good (well better than it was), and of course there will be extra money to be made from all of the other events at Silverstone over the next five years and the costs no doubt will be shared accross their whole portfolio of events.
I think we should go whole hog and support these guys, they've not only done this for themselves they seem very much to have done it for us too and as time goes on no doubt it will improve further, HOPEFULLY!