Magazine Show August 22nd 2023

Spanners catches up with Peter Wright from Digital Law UK to explore what the FIA has done in the past to deal with dominance. We also Check in with Magnus Grieves from RACEWKND magazine to see how the Vegas preparations are shaping up and what Las Vegas could do for F1 long term By the latest RACEWKND magazines here: https://racewknd.co and use the offer code SPANNERS for 10%. Missed Apex gets commission for every sale if you use that code

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Unfortunately, I cannot provide a summary of the podcast episode transcript as the transcript is not available within the context you provided. ## Missed Apex Podcast Episode Summary:

### The FIA's Role in Addressing Team Dominance in Formula One

* **Peter Wright**, a legal expert, joins the podcast to discuss the FIA's historical actions in response to dominant teams in Formula One.
* **Wright** emphasizes that regulatory changes are typically implemented after a period of sustained dominance, often two to three years.
* He cites the 2003 rule change that adjusted the points awarded to the top finishers as an example of a successful intervention to level the playing field.
* **Wright** acknowledges that it can be challenging to identify and implement appropriate regulations, especially with the current cost cap and tight restrictions on car design.
* He suggests that the FIA may consider adjusting the points system again, potentially awarding points to the top 12 or 14 finishers, to encourage closer competition.
* **Wright** also mentions the possibility of banning the Drag Reduction System (DRS) to reduce the advantage of leading cars and promote more overtaking.

### The Las Vegas Grand Prix: Potential and Challenges

* **Magnus Grieves**, a journalist from Race Weekend Magazine, shares his perspective on the upcoming Las Vegas Grand Prix.
* **Grieves** expresses skepticism about the race, citing a lack of effective marketing and an overemphasis on common stereotypes associated with Las Vegas.
* He criticizes the high ticket prices but acknowledges that they subsidize the construction of a year-round Formula One destination in Las Vegas.
* **Grieves** highlights the development of a $700 million paddock building that will host various events and attractions throughout the year.
* He envisions the Las Vegas Grand Prix becoming a unique and immersive experience, with the potential to attract a diverse audience and establish a permanent presence in the city.

### Additional Insights and Controversies:

* **The Brabham Fan Car:** **Wright** provides a detailed explanation of the Brabham fan car, a controversial design that utilized a large fan to generate downforce and provide a significant advantage.
* **Massa's Court Case:** **Wright** discusses Felipe Massa's ongoing legal challenge against the FIA, seeking compensation for his alleged loss of the 2008 World Championship due to the "crashgate" incident.
* **Wright** expresses skepticism about Massa's chances of success, citing the difficulty in quantifying the financial losses resulting from the incident.
* **He** also criticizes Massa's decision to pursue legal action, arguing that it could damage his reputation and jeopardize his ongoing career opportunities in Formula One. # Vegas Grand Prix: A Conversation with Magnus Greaves

## Overview

- Spanners and Peter Wright from Digital Law UK discuss Formula One's (F1) history of dealing with dominance and the upcoming Las Vegas Grand Prix.


- Magnus Grieves from RACEWKND magazine shares his insights on the preparations for the Vegas race and its potential long-term impact on F1.


- Listeners can get a 10% discount on RACEWKND magazines using the offer code SPANNERS.


- Follow Peter Wright on Twitter @DigitalLawUK.


- Missed Apex relies on patron support. Consider supporting them on Patreon.


## Key Points

### Las Vegas Preparations and Potential Impact

- Las Vegas has a sophisticated entertainment infrastructure that will enhance the race experience.
- Night race in Las Vegas will offer stunning visuals, including the MSG Sphere, which can display various images and effects.
- Unlike Formula E, which often results in similar-looking tracks, Las Vegas is investing in unique and visually appealing track design.
- The 10-year contract for the Las Vegas Grand Prix has attracted significant investment and enthusiasm.
- The race is expected to be highly profitable, leading to further investment in race-related experiences and infrastructure.
- Las Vegas is a popular destination for international travelers, making it accessible to a global audience.
- The city's proximity to motorsports tracks and experiences adds to its appeal for racing enthusiasts.
- The race has the potential to establish Las Vegas as a year-round F1 destination.


### Concerns and Considerations

- The championship may already be decided before the Las Vegas race, potentially diminishing the excitement.
- Street circuits often produce less thrilling races compared to traditional tracks.
- The high cost of the penultimate race slot on the calendar could be a concern for some teams.
- The Las Vegas Grand Prix is being promoted by Liberty Media, ensuring its stability and longevity.


### Wider Implications

- Liberty Media's ownership of certain races could lead to a more balanced global F1 presence.
- This model could result in each continent having a Liberty-owned race, serving as a hub for fans in those regions.
- Such a move would benefit F1 fans worldwide and enhance the overall experience of the sport.