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Re:F1 Demands Las Vegas Venues Pay for a View of the Race by qubex on Tuesday August 08, 2023 @11:54AM (#37050964)
The whole thing is positively dystopian in vibe, but what struck me most was that businesses were being asked to pay on the basis of potential occupancy and not on the basis of how many patrons may actually be on premises during the race. That means that if they fail to achieve 100% occupancy they’ll be footing a hefty bill with no revenue. It’s a dangerous precedent and I hope they all go “LOL no” (though the Prisoner’s Dilemma teaches that everybody defects).
Re:F1 Demands Las Vegas Venues Pay for a View of the Race by vikingerik on Tuesday August 08, 2023 @12:22PM (#37051459)
That's also just an outlandish point to anchor the negotiation window. I'll bet exactly zero businesses will actually pay for every potential occupant. (Or if they do it'll be because the per-head cost got negotiated way down.)