£10 Sport?

[ch958]

I believe speedway to be a £10 sport. I've read others say the same thing.

 

you have to compare other comparable entertainment choices, e.g. cinema about £8, non league football (attracting similar crowd levels) £8-12. You can't compare pro football and I'm not talking about GPs

 

people have criticised me for saying this on here but i would just put forward one law of business:

you can not change the market price.

 

if Mcdonalds charge £3 for a big mac Burger King cant charge £5 or no one would buy one

thats allowing for the product to be similar

 

this is how GB cant compete in many manufacturing areas - we can't make things cheap enough for the market price

 

people say "how can we survive by charging £10?" but thats not the markets problem its speedways problem just as in my example above Burger King would need to find a way of making their burgers cheaper so speedway would need to find a way of making itself cheaper to operate. How they do that is open to discussion.

 

Simple business facts

 

now i'll await the flak

[Grand Central]

Certainly no flak from me.

 

"Speedway is a £10 Sport"

It's not a particular flattering tag line for us all, but it is just spot on.

[Steve Shovlar]

Of course it isn't. That might be the price you would like to pay but overheads and costs make it a much more expensive sport.

[THE DEAN MACHINE]

no flak from me .speedway has plenty of issues to deal with but its too expensive ,its a £10 sport but how you achieve that is a task for somebody with a bit of out the box thinking and that excludes anybody currently running the sport

[moxey63]

Yeah, a tenner's about right, and perhaps start reducing the cost of a programme. In this day and age, of readily available stories off the internet, the news in a programme is more out of date than ever it was. Surely a basic scorecard is all that's needed.

[mickthemuppet]

I believe speedway to be a £10 sport. I've read others say the same thing.

 

you have to compare other comparable entertainment choices, e.g. cinema about £8, non league football (attracting similar crowd levels) £8-12. You can't compare pro football and I'm not talking about GPs

 

people have criticised me for saying this on here but i would just put forward one law of business:

you can not change the market price.

 

if Mcdonalds charge £3 for a big mac Burger King cant charge £5 or no one would buy one

thats allowing for the product to be similar

 

this is how GB cant compete in many manufacturing areas - we can't make things cheap enough for the market price

 

people say "how can we survive by charging £10?" but thats not the markets problem its speedways problem just as in my example above Burger King would need to find a way of making their burgers cheaper so speedway would need to find a way of making itself cheaper to operate. How they do that is open to discussion.

 

Simple business facts

 

now i'll await the flak

But Big Mac prices are have different prices all over the world, In fact they can cost differently in just GB

Britian can compete in manufacturing. Britain is behind Germany in car manufacturing, and within the next year will pass France to be second in Europe.

The biggest problem Speedway has had in the last two years has been the weather. People will still go to Speedway if the weather is good. I am sure the cost of Petrol is a bigger problem than a £10 cost. Many people will not travel to Speedway if the weather is inclement. , it's not because its not £10

[speedwaysliders]

no flak from me .speedway has plenty of issues to deal with but its too expensive ,its a £10 sport but how you achieve that is a task for somebody with a bit of out the box thinking and that excludes anybody currently running the sport

Agree 100% but its such a closed shop regarding attendance figures and break even figures,hows a new man who would like to have a go, know how to think outside the box,when he has to get inside first!!!

[Grand Central]

Of course it isn't. That might be the price you would like to pay but overheads and costs make it a much more expensive sport.

 

So the Tag line needs to change.

 

Out goes "Speedway is a £10 Sport"

 

In comes "Speedway is a £10 Sport, but because all costs are impossible to change, we'll charge you £17"

 

A little less catchy, I'd say.

Edited June 15, 2013 by Grand Central

[NeilWatson]

Speedway IS a £10 sport if you follow Coventry Storm!

[Trees]

Or Kings Lynn Young Stars

[AndyJ]

EL and PL should be merged in 2014 as a £10 sport.

NL is a £5 sport

[Shale Shaker]

As SS said, the overheads involved mean that speedway as we know it will never be a £10 sport.

 

That's just the business reality, Speedway will not survive as a £10 sport.

[ch958]

As SS said, the overheads involved mean that speedway as we know it will never be a £10 sport.

 

That's just the business reality, Speedway will not survive as a £10 sport.

 

 

sorry but thats not good enough. It has to reduce its overheads. It can be done. It HAS to be done. Theres a hundred ways and we can all name a few - machines, pay, flights

 

my God flying people all over Europe to ride infront of 500 people!!! Get real!! A non league footballer in front of a similar crowd might get £150

 

But Big Mac prices are have different prices all over the world, In fact they can cost differently in just GB

Britian can compete in manufacturing. Britain is behind Germany in car manufacturing, and within the next year will pass France to be second in Europe.

The biggest problem Speedway has had in the last two years has been the weather. People will still go to Speedway if the weather is good. I am sure the cost of Petrol is a bigger problem than a £10 cost. Many people will not travel to Speedway if the weather is inclement. , it's not because its not £10

 

will they? will they really? how many - an extra 100?

Edited June 15, 2013 by ch958

[Grand Central]

my God flying people all over Europe to ride in front of 500 people!!!

 

This is one of the most stupid things that happens week after week, all over the country.

 

It is like the 'Emporers new clothes'.

Does no one stand up at a Promoters meetings and shout 'Alex, Jon, Chris ... for gods sake, you're Stark Naked!'

[THE DEAN MACHINE]

As SS said, the overheads involved mean that speedway as we know it will never be a £10 sport.

 

That's just the business reality, Speedway will not survive as a £10 sport.

and that is exactly the mindset that currently runs speedway .it has to change

[Shale Shaker]

sorry but thats not good enough. It has to reduce its overheads. It can be done. It HAS to be done. Theres a hundred ways and we can all name a few - machines, pay, flights

 

my God flying people all over Europe to ride infront of 500 people!!! Get real!! A non league footballer in front of a similar crowd might get £150

 

 

"A hundred ways" - really, You quoted 3, where's your other 77 ideas.

 

Bleating "It's not good enough" is not facing the economic realities.

[ch958]

"A hundred ways" - really, You quoted 3, where's your other 77 ideas.

 

Bleating "It's not good enough" is not facing the economic realities.

 

 

yeah not literally 100

 

its funny how some people would rather make smart comments than debate properly

 

shall we just carry on peeing money away til everyone goes bust then? - ironically you do quote "economic realities"

[Grand Central]

"A hundred ways" - really, You quoted 3, where's your other 77 ideas.

 

Perhaps we'll leave the maths to someone else.

[george.m]

Of course it isn't. That might be the price you would like to pay but overheads and costs make it a much more expensive sport.

 

By the same logic, if it was £35 to attend would you go week in week out?

[AndyJ]

Given that a drop from £17 to £10 would require either a 70% increase in adult attendance, a dramatic cut in costs, a lucrative sponsorship deal or some combination of the three methinks it extremely unlikely that promoters will ever price the product this way. A real shame because the product on offer and the facilities on offer are realistically only worth £10.

 

Irrespective of the costs involved the simple fact is that £17 is considered overpriced by many potential customers. As an example I used to attend Belle Vue with 3 mates every week back in the days when we had Joe Screen, Jason Lyons, teams with 3 heat-leaders, a far healthy crowd/atmosphere and basically a far more entertaining experience. These mates drifted away after their college days but recently showed interest in popping along again - until they discovered the £17 cost and literally the consensus was "Ouch! How much?! £10 and we'd be there!". I didn't push too hard to persuade them because I feared that one experience of today's £17 racing would likely kill their interest for good.

 

To me Speedway promotions have been squeezing the wallets of an ever dwindling band of die-hards for far too long. The costs have been driven down by diluting the standards yet the entry has continued to rise. I don't doubt that the promoters are having a torrid time with most losing money hand over fist - and dropping the admission would certainly add to their woes - but this doesn't change the fact that Speedway is dying on it's feet with crowd's worryingly low. Dropping the admission to £10 will certainly increase the crowds but, without the associated drop in costs, it'd be financial suicide.