the economics of motorsports - springer978-1-137-60249-7/1.pdf · benetton, 83n16 bentham, 103...
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Index
AAbandonments, 102, 168, 217, 227,
235Abu Dhabi, 12, 13, 128, 131, 137,
143, 146, 147, 150, 151, 155,156, 176, 206, 222
Academicians, 1, 93, 106, 286, 287Academy, 1, 2, 6, 93, 106, 147, 263,
286, 287Acceleration, 129Accident, 44, 212n4Accumulation, 219, 222Adaptation, 7, 180, 242Addicted, 92Administration, 70, 70n4, 71, 86,
166, 193Adoption, 6, 10, 14, 75, 183Adrenaline, 130Ads, 53, 90, 92, 93, 219
Advance, 6, 7, 11, 31n6, 43, 57, 91,165, 190, 244, 255
Advantage, 5, 46, 59, 60, 92, 94,117, 131, 135–136, 138, 160,172, 235, 243
Advertisement, 20, 42, 53, 79n13,84, 87, 89, 93, 94
Advertising, 45, 48, 56, 73, 76–79,82, 84–94, 104, 106, 195, 244,284
Advisors, 8, 31, 53, 69, 217Africa/African, 239, 241Age/Ageing, 84, 127–158, 203, 204,
216, 218, 223, 227, 235, 254,272, 276, 284
Agency/Agent, 10, 59, 158, 171Aguri, 42, 173Air, 13, 84, 256, 257, 262, 287Airboxes, 84
© The Author(s) 2017P. Mourão, The Economics of Motorsports,DOI 10.1057/978-1-137-60249-7
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Aircraft, 52, 79Airports, 262Albania, 256n2Alcohol, 92Alfa Romeo, 158America/American, 22, 53,
60, 89, 99, 141, 239,241, 243
Amoroso-Robinson's Formula, 75Andrea de Cesaris, 231, 285Andretti, Mario, 13, 235Arabia, 256n2, 278Argentina/Argentinian, 241Aristotle, 18, 98Armenia, 256n2Ascari, 140Asia/Asian, 239, 241Asset(s), 69, 85, 168, 172, 216, 218,
255, 258Athlete, 57, 85, 135, 207Attention, 85, 96, 130, 136, 204,
211, 264, 284Attractiveness, 48, 256Audiences, 9, 11, 13, 69, 72, 77–78,
84, 88, 89, 116, 126Austin, 53, 62Australia/Australian, 8, 52,
241–243, 250Austria, 241–242, 264, 278Authorities, 46Autosport, 159, 166n3, 271Autoweek, 100Average, 34, 38, 40, 41, 42, 53, 54,
76, 78, 90–92, 94, 100, 116,117, 124, 132, 139, 158, 166,173, 174, 179, 180, 181, 193,219, 226, 248, 275, 276, 278
Average-cost, 38
Ayrton, 1–6, 12, 83, 131, 134, 138,216
Azerbaijan, 256n2
BBackstages, 83Bahrain, 76, 141Balance, 4, 11, 34, 42, 54, 60, 72,
77, 86, 88, 102, 106, 115, 116,118–122, 126, 154, 160, 175,182, 184, 186, 189, 191, 197,198, 219, 235, 253, 256, 258,264, 278
Bambino, 71Bank, 71, 71n5, 74, 86, 168, 174,
252, 255–256Barrichello, Ruben, 122, 126,
134n11, 206, 211Barriers, 45Barriers to entry, 45Baseball, 72Basketball, 60, 61, 72Bayerische, 71BBC, 94Beetle, 136Behavior, 59, 97, 185Belgium, 241Belmondo, 278Benefit, 2–4, 18, 30, 41, 46, 47,
49–52, 56–58, 86, 91, 100,103, 115, 171, 263, 284
Benetton, 83n16Bentham, 103Bernie, 14, 59, 70–72, 99, 211Bianchi, 212n4Billion, 17–21, 71n5, 72, 83Bio-mechanics, 57Bio-medicine, 11
290 Index
Birthplace, 249BMW, 99Boards, 1Bolivia, 256n2Bonus, 23, 83Bottom-ranked, 42, 121Bottom-starter, 143, 144, 154Brabham, 140, 172, 176, 250Braking, 285Brand(s), 41, 73n6, 79, 81, 81n14,
85–88, 91–93, 104, 106Brawn, 276Brazil, 241–243, 265Breaking, 2, 103Breakpoints, 124–126Briatore, 17, 83n16BRICS, 159Britain, 52, 76, 241, 278British, 52, 53, 57, 70n1, 71n5,
78n11, 141, 231Broadcasting, 4, 49, 56, 69, 72, 73,
77–79, 106, 284Brundle, 231, 285Budget(s), 8, 10, 30–34, 40, 60, 62,
81, 82, 102, 105, 159, 160, 184,191, 198, 220, 231, 233, 236,253, 256, 258, 264, 278, 283
Bulgaria, 256n2Business, 11, 17, 23, 87, 89, 91, 104,
168–169, 230Button, 1–6, 206
CCalendar, 47Canada, 240, 242, 243, 247Canadian, 275Capping, 60
Career, 134, 204, 207, 215, 222,227, 230, 235, 241, 285
Cash, 44, 87, 101, 106, 171, 263Causality, 266Causation, 246Centimeter-cubic, 126CEO, 28, 70, 72Cesaris, Andrea de, 231, 285Chairman, 28Challenge, 1, 11, 61, 62, 106, 185,
257, 266, 281Champagne, 80Championship, 10–13, 23–27, 42,
43, 100, 116, 118, 119n2, 120,122, 126, 135, 136, 144, 153,159, 172
Channel, 76, 78, 78n11, 85, 88, 89,93, 94, 106, 216, 244
Chapman, Colin, 85Charity, 20, 175n8Chassis, 4, 7, 8, 21, 22, 27, 31, 40,
41, 43, 45, 70, 130, 135, 136,142, 145, 148, 158, 165, 213,219, 231, 251, 252, 287, 288
Chess, 169n5Chief, 27, 28, 168Chiron, Louis, 203, 275Choice, 4, 10, 171, 196, 221, 271, 286Cigarettes, 93, 96Circuits, 21, 78, 117, 127–157, 160,
195, 214, 284Club, 80, 89, 99Coefficients, 125, 138–140, 143,
149, 152–154, 178, 179, 181,217, 227, 259, 260, 273
et coeteris paribus, 40–42Colombia, 247Coloni, 173–175, 195
Index 291
Combination, 13, 20, 43, 83, 103,131, 145, 189
Comeback race, 1–6Commercial, 22, 49, 61, 69, 70, 72,
78, 81, 83, 89, 91n20, 168,220, 239, 243, 257, 262
Communication, 27, 28, 136, 183,214, 252
Companies, 22, 48, 49, 52, 70–73,77, 79–81, 84, 91, 96, 98, 99,106, 284
Competencies, 47, 244, 253, 286Competitiveness, 59, 159, 219, 261,
284Components, 19, 28–31, 45, 79, 87,
175, 178Concorde (Agreement), 70, 74, 75,
80, 96, 100, 105, 261n6Constructors, 42, 43, 70, 75, 91,
106, 126, 159, 165, 185–191,193, 239, 243–246, 248–252,255–258, 261, 264, 265, 273,278, 284, 285
Consultancy, 31, 45, 57Consumers, 92, 93, 232Consumption, 51, 103, 126, 266,
287Contract, 216, 221, 226, 227Convex, 166, 213Corporate hospitality, 73, 80–81, 284Corporation(s), 71, 81, 88Correlation, 32, 83, 121, 142, 147,
154, 246Costs-benefits, 17–62Costs-of-a-formula-one-car, 28–30Cosworth, 23, 126, 135Coulthard, David, 235, 261, 278Cournot, 185, 190, 198
Covariates, 178, 180, 181, 223, 227,236, 255, 256
Crash, 2, 116, 133n10, 173Cross-sectional, 51Cup, 74n7, 89, 90Customers, 78n12, 89, 90CVC, 71, 71n5Cycle/Cycling/Cyclist, 86, 96, 116,
135, 136, 138, 140, 150–152,157, 261–262
DDanger, 73, 214, 219, 227Data, 11–13, 28, 58–61, 84, 95,
128–129, 274Database, 5, 11, 12, 147, 149, 176,
259, 271, 274–279, 280, 283,284, 286, 287
Datasources, 12, 13,255, 271, 272
Debts, 69, 173Decades, 21, 58, 62, 73, 81, 83,
85, 128, 130, 134, 138, 140,142, 152–154, 158, 160,180, 181, 195, 204, 207–209,211, 212, 214, 218, 221,227, 272
Decisionmakers, 174Deficit, 258, 264Deflation, 174Delta, 71, 73–81, 98, 99Demand, 13–14, 43–45, 76, 90–96,
104, 159, 178, 186, 189, 214,215, 236, 287
Democracy, 58, 241, 263, 266Demographics, 179Depreciations, 22
292 Index
Descriptive Statistics, 5, 12, 54, 180,222–223, 256, 259, 271–281,285
Design, 50, 79, 97, 136, 138,172, 286
Determinants, 4, 115–160, 165,176, 180, 186, 218–231, 246,251, 253, 257, 260, 266,273–275, 284
Development, 22, 23, 30–31, 45, 57,87, 88, 91, 96, 100, 101, 106,136, 147, 160, 222, 241, 244,251–253, 255, 256, 258,263–265, 281, 288
Deviation, 34, 81Dictatorship, 6Dijon-Prenois, 135, 138Dilemma, 45–46, 59–61, 215,
232–235Disappearance, 41, 197Discrimination, 75–77Disparities, 33Distribution, 29, 32, 72, 82, 84,
96–98, 100, 102, 103, 105,106, 128, 129, 134, 148, 159,178, 179, 181, 186, 223, 241,244, 246, 249–262, 274, 284
DNF, 180, 278DNQ, 180, 278Dorfman-Steiner Theorem, 93–96Driver, 7, 12, 27, 31, 43, 83, 87,
104, 118, 120–122, 127, 128,130, 131–135, 140–146, 148,154, 155, 157, 158, 160, 181,208–210, 215–223, 226, 227,230–232, 234–236, 241, 242,247, 248, 251, 259, 262, 265,272–276, 278, 284, 285, 288
Driver/race, 140, 274Driver-salaries-published, 23–27DTM, 88Dummies, 139, 153, 160, 180Duopoly, 72, 190Duration, 29, 89, 130, 182, 209,
227, 230, 285Dutch, 231Dynamics, 56, 103–104, 252, 262,
263, 286
EEarning, 197Ecclestone, 14, 59, 70–72, 99, 211Econometrics, 7–9, 128–129, 137,
142, 149, 184, 280Ecosystem, 232Ecuador, 256n2Education, 147, 158, 171, 241, 253,
262–263Effectiveness, 58, 60Effects, 49, 52, 56–58, 90, 92, 97,
104, 126, 131, 132, 139, 142,143, 146, 148, 149, 152, 154,190, 219
Efficiency, 31, 31n6, 91, 92,232–236
Effort, 1, 10, 13, 17–19, 44, 46, 47,85, 97–99, 101, 174, 195, 196,232, 245, 273, 280
Egypt, 256n2Elasticities, 76Elasticity, 76, 93–96Emerging, 263–264Emirates, 266Emotion, 22, 169n5Employment, 174
Index 293
Endogeneity, 256, 256n3, 259Engineering, 9, 11, 52, 136, 174,
219, 220, 244, 253, 265Engineers, 9, 21, 44, 52, 136,
147–148, 165, 245, 287England, 264Entrants, 165, 172, 176, 180, 181, 191,
193, 195, 198, 271, 284–285Entrepreneurs, 196, 255Entrepreneurship, 255Entry-fee, 31Environment, 54, 57, 70,
177, 198Estimation, 13, 18, 28, 43, 50, 54,
62, 78, 129, 132, 138, 149,181, 223, 227, 236, 273, 276,280, 281, 287
EURO, 4, 17, 18, 20, 23, 27, 41, 47,52, 54, 71, 78, 85, 99, 118,187, 231, 241, 265
Europe, 265European, 52, 78, 85, 118, 231, 241Evaluation, 2, 45, 99, 106, 122,
196, 252Evolution, 7, 32–34, 72, 73, 82, 101,
116n1, 117, 126, 138, 145,153, 154, 171, 173–174, 204,213, 217, 218, 274, 283
Exit/exiting, 14, 38, 40, 60, 105,180, 181, 190, 223, 235, 236
Exogenous, 43, 51, 171Exports, 242Externalities, 11, 50, 57
FFailure, 45, 102, 141, 168, 242,
259n5, 284
Fallacies, 262–264Fashion, 80, 84, 183Fasiani, 172n6, 173n7Fatalities, 214Fees, 4, 31, 31n7, 48, 53, 73–76,
80–81, 193, 240, 253, 284Ferrari, 13, 18–21, 27n1, 29,
31, 34, 44, 60, 62, 87,99–101, 122, 126, 176,209–214, 233, 235, 261,275–276, 278
Ferrari, Enzo, 13FIA, 12, 31, 31n6, 45, 48, 53, 70,
72, 74, 165, 208Finance, 9, 70, 72Finland, 241–242, 265, 278Firms, 30n5, 48, 49, 51, 86,
90–94, 138, 144, 166,168, 171–172, 185, 205,232, 239, 263, 283
FISA, 70, 70n2Fittipaldi, 191, 266FOCA, 70FOCA-FISA, 70n2FOM, 70, 70n4, 71, 80Ford, 21, 126, 135, 191Formula Ford, 159, 264Founders, 174, 245France, 19, 20, 135, 241–243French, 2, 138, 141Funding, 44, 58, 73, 244, 263, 265
GGamblers, 254Game, 57, 81n14, 85, 216, 233, 235Garage, 18, 198, 245Gas, 44
294 Index
GDP, 76, 236, 244, 252, 256,262–264, 266, 278, 279
Gearbox, 141Gender, 84, 133n10Generations, 70n1, 72, 106, 127,
172, 215–216, 280Geo-economics, 285Geopolitics, 241German, 134n11, 231, 241n1Germany, 76, 241, 243, 264Government, 20, 48, 49, 51, 59,
88n17, 97, 245, 253, 255, 256,258, 258n4
Grand Chelem, 131, 131n9Greece, 10, 127, 278Greeks, 98Growth, 74, 76, 102, 158, 159, 252,
253, 256, 259, 263, 264, 266Guarantees, 27, 273Guatemala, 256n2Guiness, 274
HHakinnen, Mika, 242, 250Hakkinen-Coulthard, 235Hamilton, Lewis, 87, 118, 122n5,
134, 141, 216Hausman-type, 142, 152, 154Hayek, F., 102Hazard, 97, 176–182, 217, 223, 230Headquarter, 129, 142, 198, 231, 263Health, 127, 136, 158, 183, 196,
205, 286Hirschman-Herfindahl
index, 119–126Hometown, 59Honda, 29, 31n6, 88, 168–169Honduras, 256n2
Hope, 3, 165–175, 233, 234,273, 288
Horsepower, 126, 136, 160, 287Hospitality, 28, 31, 73, 80–81, 83, 284Hospitals, 58Households, 51HRT, 27n1, 40, 42Hungaroring, 138Hungary, 241Hunt, 20, 21, 288Hypotheses, 3, 5, 6, 135, 255,
281, 286
IIdiosyncrasies, 6Idiosyncrasy, 14Illusion, 173, 173n7Imbalance, 61, 122, 124–126, 187,
188, 193Incentives, 4, 116, 219, 243, 244, 253Income, 19, 23, 47, 49, 53, 56,
69–81, 97, 158, 159, 166n3,244, 253, 256, 259, 263
Indebtedness, 57, 58, 86India, 240, 243, 247Indianapolis, 214Indicators, 53, 93, 119, 122, 124,
255, 264, 273Industry, 4, 5, 7, 9–11, 14, 17–21,
38–40, 48, 72, 73, 87, 88, 92,97, 99, 106, 116, 166, 177,198, 215–218, 222, 223, 233,244, 245, 252, 258
IndyCar, 38, 74n7Inefficiency, 92Inelastic, 76, 186Inequalities, 62, 100, 102Inflation, 78, 256
Index 295
Inflation-unemployment, 252Injuries, 44Input-Output, 51Insolvency, 41, 60Inspections, 136, 141Institutions, 10, 19, 20, 171, 241,
255, 266Instruments, 19, 20Investment, 45, 48, 57, 71–73, 81,
83, 91, 94, 98, 103–104, 158,168, 169, 171, 173, 196, 244,245, 252, 253, 263
Investor, 6, 8, 21, 44, 60, 70, 72, 73,89, 91, 96, 98, 103, 128, 145,147, 148, 158, 166, 168, 183,196, 220, 264
Ireland, 250, 278Italian, 100, 116, 172, 174, 231Italy, 76, 241–243, 278
JJaguar, 42Jail, 234Jockeys, 99Jordan, 89Journalists, 6, 60, 283Junior series, 73, 80–81, 128, 242, 284
KKaplan-Meier, 175, 177, 205–207,
209Keynes, John Maynard, 56Keynesian, 56Korea, 278Kuwait, 278Kuznets, S., 51
LLabor, 214Laboratories, 245lapped, 129Lap(s), 2, 131, 147Latvala, Jari-Matti, 242Latvia, 256n2Lauda, Niki, 12, 128,
216, 288Lavoisier, 18, 47Law(s), 59, 132, 168, 246, 253,
265, 280Leadership, 91, 196Leads, 44, 60, 92, 104, 116, 149,
187n14, 219Leontieff, W., 51Lerner, 94Liabilities, 44, 87Liberal, 70n1Ligier, 176Likelihood, 132, 178, 181Lithuania, 256n2Loan, 48, 71n5, 86Logistics, 28, 253Logit, 128–129, 131, 132, 139, 142,
143, 146, 148–152, 154–156,160, 258
Log-odds, 149, 150, 152Log-Rank, 180, 208, 210, 223Lola, 105, 170,
172–173, 195Long-term, 38–40, 57–58, 72, 87,
91, 263n6, 284Low-budget, 120, 197–198, 230,
232, 233, 236Low-ranked, 120Luxembourg, 71Luxury, 56
296 Index
MMacroeconomics, 51, 258Malaysia, 54Management, 31n6, 70, 73, 80,
102–104, 106, 129, 130, 169,207, 215, 240, 287
Manager, 7, 23, 27, 28, 44–46, 52,60, 73, 75, 87, 94, 99, 102,103, 147–148, 168, 172, 174,181, 195, 196, 216, 219, 233,243, 263–264, 287
Mansell, Nigel, 7, 141, 211, 216, 235Manufacturers, 22, 43, 88, 121n3, 265Maranello, 31n6, 100, 211Marina Bay, 138Markets, 14, 19, 20, 29, 40–43,
48, 56, 61, 72, 76, 86–88,94, 96, 106, 126, 166n1,168–169, 185, 186, 188, 189,191, 214–215, 244, 246,251–253, 255
Marlboro, 95Marshals, 54, 211n2Martini, Pier-Luigi, 231Marussia, 31Massa, Felipe, 118, 138, 211, 261Matra, 21McLaren, 85, 99, 104, 172, 176,
209–214, 261Measures, 17, 19, 20, 34, 48,
50, 82, 100, 124, 134,142, 169, 186, 187, 193,246, 252, 274
Mechanisms, 204, 263Media, 4, 48, 54, 71, 78, 78n12,
84, 87, 88, 89, 104, 106,130, 216, 254
Median, 55, 81, 83, 84, 174, 184
Medicine, 11Mega-Events, 50, 52, 57, 58, 76Mercedes, 29, 31, 34, 60, 88, 99,
233, 275–276Merchandising, 48, 54, 71, 81n14,
83, 262Mexican, 134n11Microeconometrics, 8–9Microeconomics, 8, 75, 283Middle-ranked, 121Minardi, 176Monaco, 53–54, 79, 204, 241, 275Monocoque, 27, 31Monopolist, 75–76Monopolistic, 76, 90Monza, 53, 116, 131Morocco, 241MotoGP, 96Motorsports, 1–10, 13, 21–23, 28,
29, 34, 42, 46–61, 72, 76–78,80, 88, 93, 96, 97, 99,103–104, 117, 120, 127, 135,142, 145, 150–152, 158–160,166, 168, 175, 195–197, 204,205, 211n3, 215, 216, 222,232–235, 239, 241, 242, 244,245, 251–254, 261n6,262–265, 271, 273, 280, 281,283, 286–288
Mph, 130
NNASCAR, 22, 53, 61, 74n7, 96, 97,
99, 103NBA, 60Netherlands, 241n1Newcomers, 76
Index 297
New-Zealander, 250Nietzsche, 116Nonprofit, 47, 170Norway, 256n2, 278Nurburgring, 118, 214
OOdds, 259, 259n5OECD, 278Off-contract, 59Offshores, 262–264Off-track, 47OICA, 243Oligopolistic, 11, 60, 185, 222Oligopoly, 39Olympiads, 127Olympics, 57, 85, 89Oman, 203, 256n2, 278Open-wheeled, 159Oporto, 117Optimization, 193Osella, 173–175, 195Overtakes, 138Overtaking, 138, 140Oxfordshire, 52
PPacific-Ilmor, 276Paddock, 47, 80, 81, 89, 128, 181,
195, 230, 262, 284Panel-data, 128–129, 142, 149, 258Pareto, 172–173, 173n7Parties, 48Partnerships, 87, 91, 104, 235Pastor Maldonado, 88n17
Pay-drivers, 81, 83, 128Pay-TV, 78, 78n11Peru, 256n2Philippines, 256n2Piquet, Nelson, 138, 216, 266Piranha Club, 99Pit, 129, 130, 145, 183PitPass, 99Plato, 18Podiums, 11, 22, 23, 27, 30, 31,
41, 104, 118, 120, 127, 134,135, 141, 142, 144–145, 147,154, 155, 157–160, 216, 219,220, 226–227, 230–233, 275,278, 285
Point-maximizing, 41Points-earner, 219Poles, 134Politicians, 6, 58, 60Politics, 5, 58, 61, 72, 76, 98, 98,
141, 173n7, 266, 278, 283,285, 288
Portugal, 117, 254, 265Portuguese, 59Position, 2, 23, 91, 94, 101,
118, 129, 130–135, 137,138, 140–144, 145n14,147–150, 152–154, 157,158, 160, 172, 189, 223,227, 284, 288
Poverty, 262Power, 11, 29–31, 31n6, 60, 76, 85,
91, 92, 118, 165–175, 222,232, 244, 253
Price, 7, 19, 29, 34, 51, 53, 75–76,78, 80, 84, 91, 92, 94, 98, 106,166, 174, 185, 187, 193, 221,252, 265
298 Index
Priceless, 13Prize Money, 42, 73, 74, 81–83,
96–106, 195, 284Probabilities, 31, 62, 92, 106, 120,
127–129, 130–134, 138–145,148, 149, 154, 155, 157, 158,166, 175, 178, 181, 205, 206,209–211, 217, 226, 227, 241,242, 244, 245, 259, 259n5,261, 281, 284
Probit, 128Producer, 158, 183Production, 21, 51, 57, 94, 96, 168,
239, 243, 265profit-maximizing, 40, 75Profits, 40, 41, 72, 73, 75, 93, 94,
98–100, 174, 175Public, 46–49, 50, 54, 57–59, 104,
244, 253, 254, 256, 258, 264,272, 278
Punishment, 233P-value, 137n12, 142, 180, 187,
223, 258n4, 261, 280, 281
QQatar, 71, 256n2, 278Qatari, 71Quasi-Fixed Costs, 22–30
RRace, 1–6, 8–13, 17, 21, 22, 27,
29, 38, 45–50, 52–58, 61,73, 73n6, 74–80, 87–89, 97,99, 116, 116n1, 118, 121n3,122, 124, 126–145, 147–150,
152–155, 157–160, 174–176,178, 180, 182, 189, 195, 196,203, 204–206, 208–211, 213,213, 216, 218–223, 226, 227,230–232, 235, 239–264, 272,276, 278, 281, 283–288
Racer, 2, 116, 117, 120, 127–159,204, 208, 215
Raikkonen, Kimi, 24, 25, 118, 242,250, 278
Rationality, 2, 171–172Ratios, 220Rear-engine, 172Rebranding, 41Records, 5, 10, 12, 55, 134, 136,
140, 180, 223, 256, 271–281,285
Redbull, 23, 99, 276, 278Redistribution, 96, 102–103, 284Refueling, 126Regressions, 128, 176–178, 180,
181, 208, 217, 223, 226, 236,261, 285
Regressors, 137n12Regulations, 19, 39, 44, 79, 80, 88,
136, 140, 165, 181, 195, 196,222, 251, 253
Reimbursements, 7, 44Reputation, 20, 43–44, 168, 218Responsibility, 87, 175, 203Retirement, 2, 44, 203, 204, 216,
218Revenge, 288Revenues, 4, 11, 18, 40–42, 49, 53,
54, 69–106, 116, 159, 166,166n1, 166n3, 168, 173–175,179, 195, 196, 198, 215, 218,219, 222, 257–258, 274, 284
Index 299
Review, 254, 283–285Rewards, 97, 102, 103, 122n4, 144,
154, 171, 195, 221, 232–233,274–276
Rhodesia, 248Ricardo, David, 182, 207, 265Ricciardo, 122n5Risk, 43, 44, 88, 89, 102, 103, 174,
181, 195, 226, 227, 235, 242Rookies, 127, 204Rosberg, 122, 242, 250, 289RPM, 126, 136, 160, 287Rules, 23, 29, 40–44, 75, 76, 98,
105, 126, 130, 140, 185, 196,208, 214, 218, 222, 281
Rumors, 71Runner-up, 122, 122n4, 126
SSafety, 47, 207–208, 213, 240, 253Salaries, 22–28, 52, 215, 219Satellite, 51Sauber, 176Saudi, 256n2, 278Savings, 11, 49, 51, 158, 244, 258Scandinavian, 135Scarcity, 10, 13, 60, 280Schumacher, Michael, 12, 122, 126,
134, 140, 206, 211, 234, 261,275, 278, 285
Schumacher, Ralf, 211Schumpeter,J. A., 98Science, 4, 6, 7, 10, 11, 179, 183,
232, 233, 243, 283, 290Scope, 10Scotland, 71n5Scuderias, 85, 216, 232, 236
Season, 13, 18, 19, 22, 23, 27,29–31, 31n6, 32–34, 38, 40,43, 45, 47, 49, 72, 75, 78,79–84, 87–89, 96, 97, 99–103,105, 106, 116–118, 121, 122,124, 127, 134, 144, 149, 154,165–175, 179–182, 184–191,193, 195–197, 216, 219–223,226, 227, 231–233, 235, 236,241, 243, 244, 261, 263, 266,273–278, 280, 283, 288–290
Sebastien Vettel, 122n5, 140, 144,216, 290
Security, 57Senna, Ayrton, 1–6, 12, 21, 83, 131,
133, 134, 138, 216, 268, 290Shareholders, 60, 71, 72, 99, 172,
196Short-term, 39, 40, 57–58, 87, 166,
218, 263n6Shutdown, 165–175Silverstone, 12–13, 53, 55, 128, 131,
141, 147, 158, 222, 285Singapore, 56, 76, 138, 268Slavica, 71SLEC, 70, 71Soccer, 4, 60, 61, 72, 77, 78, 87, 89,
141, 266Socioeconomic, 51, 84, 183, 198Space(s), 6, 79, 88, 94, 104, 126,
129–130, 198, 214, 253,254, 262
Spain, 76, 265Spanish, 122n5, 158Spectators, 72, 77, 78, 89Speed, 116, 127, 145, 160, 205,
245, 252Speedway, 23
300 Index
Spending, 41, 57, 58, 93, 101Sponsor, 8, 27, 27n1, 40, 42, 47,
73n6, 79, 81, 83–89, 91, 94,96, 102–106, 145, 168, 174,195, 196, 231, 281
Sponsorship, 4, 38, 49, 73, 73n6,77–79, 81–96, 104, 106, 116,195, 284
Stabilization, 117Stadiums, 23, 60, 69, 73, 141Staff, 21, 31, 42–44, 52, 54, 102,
104, 148, 165Stakeholder(s), 71, 128Start, 11, 22, 44, 83, 96, 98, 115,
130, 131, 140, 147, 149–150,152, 158, 182, 211, 216
Strategy, 44, 79, 173, 233–235Streaming, 77, 106Superlicence, 208Surpluses, 48, 258, 258n4, 263Survival, 5, 27, 38, 41, 61, 106, 165,
166, 175–182, 193, 195, 197,198, 204–218, 221–223, 230,231, 233–235, 254, 285
Sustainability, 106, 116, 232, 287Suzuka, 1–6, 212n4Suzuki, 173Sweden, 278Swedish, 135
TTalisman circuits, 141–142, 144,
154–157, 284Target-customers, 78n12, 89Tarmac, 138Taxation, 5, 22, 49, 51, 54, 59, 61,
72, 86, 97, 253
Tax haven, 5, 61Taxpayers, 47Team, 7, 8, 10, 11, 19, 22, 27, 28,
31, 34, 38, 40, 41–46, 62, 70,71, 79–81, 83, 86, 87, 89, 96,97, 100–104, 121, 127, 128,136, 142, 144, 145, 148, 157,168, 172–177, 180, 181,186–188, 190, 193, 195, 208,211, 216, 218–221, 223, 226,230–236, 245, 275, 276, 278,284, 285
Teammates, 121, 122, 235, 278Television, 4Tennis, 87Territory, 249, 250, 254,
263, 265Test, 42, 106, 125, 131, 139, 142,
152, 160, 175, 178, 179, 184,208, 218, 219, 236, 251, 255,258, 287
Theory, 18, 75, 79, 96, 97, 98, 233,280
Tickets, 48, 49, 53, 54, 77, 80, 89,116, 196
Tobacco, 79, 88, 92, 96Tokens, 31n6Top-ranked, 120, 142Top-starter, 141–144, 154, 157Tourism, 49, 53, 56, 58, 76, 84, 256,
259Tournaments, 69, 85, 96–97Tracks, 5, 54, 76, 88, 117, 127, 144,
148, 152, 195, 213, 214, 226,231, 251, 254
Trackside, 79Trade, 19, 49n11, 51, 70,
81n14
Index 301
Trade-off, 197Traffic, 48, 48, 129, 253Transfer(s), 70, 83, 102, 216Transmissions, 116Transportation, 262, 264T-ratio, 124T-statistics, 126Turkish, 4, 77Turmoil, 141Turnout, 116Turnovers, 52, 59Tyres, 18, 29–30, 84, 87,
130, 136Tyrrel, 135, 176
UUK, 71, 79Unemployment, 42, 49, 252,
256, 278Upgrading, 257USA, 53, 85, 241Utilitarian, 102–103Utility, 103, 171
VValidation, 142, 272Valuable, 12, 38, 274Valuation, 51, 76, 80, 83, 196,
218, 280Value, 2, 10, 14, 17–21, 27, 34,
41, 49–51, 52–54, 58, 72,73, 75, 77, 78, 80, 81, 83,87–89, 91, 93, 94, 98, 100,102, 103, 117, 118, 120,126, 128, 131, 132, 147,153, 154, 174, 180, 184,
186, 188, 190, 191, 193,198, 208, 218, 219, 223,226, 230, 236, 242, 259,261, 263, 266, 274, 276,278, 287
Variable, 11, 12, 21, 30–32, 39, 45,128, 129, 131, 133, 136–138,142, 144, 145, 147–150,152–155, 157, 160, 166, 174,178, 180, 185, 195, 217, 219,220, 222, 223, 246, 251–253,255, 256, 258–261, 266, 272,274–280, 283, 285
Vector(s), 86, 178, 217Venezuela, 88n18Venezuelan, 88n18Verstappen, 231Vettel, 134, 140, 144, 216, 288Victory, 2, 4, 7, 10, 11, 22, 30, 41,
46, 126, 129, 131, 134, 135,140, 141, 145, 157, 160, 180,186, 254, 273–276, 281, 284
Villeneuve, Gilles, 138, 288Villeneuve, Jacques, 7VIP, 79Virgin, 40, 42Vodafone, 96Volkswagen, 136Volume, 50, 94, 106, 262Volunteers, 21Voters, 232
WWage, 40, 73, 98, 99, 190, 204, 219,
222, 283War, 52, 69, 85, 241Warming, 27
302 Index
Warm-Up, 13–14Watchers, 88Watching, 6, 21, 69, 78, 115, 116,
254Water, 42, 233WCC, 42, 96, 101, 104, 168, 173,
216, 219, 231–233, 245WDC, 118, 241, 246Wealth, 54, 69, 71, 81, 85, 120, 216,
241, 244, 263, 271Web, 12, 28, 89, 272, 273, 284Welfare, 102Western, 241Wheels, 13, 141Williams, Frank, 10, 32n8, 44, 176,
209–211, 233Willingness, 3, 10, 72Win, 2, 22, 57, 115, 127, 134, 135,
138, 144, 147, 215Wings, 84, 138Winner, 2, 4, 60, 85, 115–117, 124,
127, 145, 157Winning, 27, 31, 38, 42, 61, 99,
115, 117, 120–122, 126–129,132–135, 138–148, 155,
157–160, 219, 230, 231, 241,284
Wins, 23, 85, 87, 140Withdraw, 168–169, 180, 181, 195,
219, 221, 226, 227, 230, 232,235, 276, 278
Women, 2, 18, 21, 42, 127, 219,233, 245
Workers, 23, 56, 97, 98, 168, 242,257
WRC, 88, 242, 265WTCC, 88, 99, 103, 265
XXL, 184
YYields, 72, 98, 103, 171, 193
ZZero, 118, 139, 172, 178, 180,
212, 223
Index 303