Index. The Author(s) 2017 P. Mourão, The Economics of Motorsports, DOI /
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1 Index A Abandonments, 102, 168, 217, 227, 235 Abu Dhabi, 12, 13, 128, 131, 137, 143, 146, 147, 150, 151, 155, 156, 176, 206, 222 Academicians, 1, 93, 106, 286, 287 Academy, 1, 2, 6, 93, 106, 147, 263, 286, 287 Acceleration, 129 Accident, 44, 212n4 Accumulation, 219, 222 Adaptation, 7, 180, 242 Addicted, 92 Administration, 70, 70n4, 71, 86, 166, 193 Adoption, 6, 10, 14, 75, 183 Adrenaline, 130 Ads, 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, , 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, 217 Africa/African, 239, 241 Age/Ageing, 84, , 203, 204, 216, 218, 223, 227, 235, 254, 272, 276, 284 Agency/Agent, 10, 59, 158, 171 Aguri, 42, 173 Air, 13, 84, 256, 257, 262, 287 Airboxes, 84 The Author(s) 2017 P. Mourão, The Economics of Motorsports, DOI /
2 290 Index Aircraft, 52, 79 Airports, 262 Albania, 256n2 Alcohol, 92 Alfa Romeo, 158 America/American, 22, 53, 60, 89, 99, 141, 239, 241, 243 Amoroso-Robinson's Formula, 75 Andrea de Cesaris, 231, 285 Andretti, Mario, 13, 235 Arabia, 256n2, 278 Argentina/Argentinian, 241 Aristotle, 18, 98 Armenia, 256n2 Ascari, 140 Asia/Asian, 239, 241 Asset(s), 69, 85, 168, 172, 216, 218, 255, 258 Athlete, 57, 85, 135, 207 Attention, 85, 96, 130, 136, 204, 211, 264, 284 Attractiveness, 48, 256 Audiences, 9, 11, 13, 69, 72, 77 78, 84, 88, 89, 116, 126 Austin, 53, 62 Australia/Australian, 8, 52, , 250 Austria, , 264, 278 Authorities, 46 Autosport, 159, 166n3, 271 Autoweek, 100 Average, 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 B Backstages, 83 Bahrain, 76, 141 Balance, 4, 11, 34, 42, 54, 60, 72, 77, 86, 88, 102, 106, 115, 116, , 126, 154, 160, 175, 182, 184, 186, 189, 191, 197, 198, 219, 235, 253, 256, 258, 264, 278 Bambino, 71 Bank, 71, 71n5, 74, 86, 168, 174, 252, Barrichello, Ruben, 122, 126, 134n11, 206, 211 Barriers, 45 Barriers to entry, 45 Baseball, 72 Basketball, 60, 61, 72 Bayerische, 71 BBC, 94 Beetle, 136 Behavior, 59, 97, 185 Belgium, 241 Belmondo, 278 Benefit, 2 4, 18, 30, 41, 46, 47, 49 52, 56 58, 86, 91, 100, 103, 115, 171, 263, 284 Benetton, 83n16 Bentham, 103 Bernie, 14, 59, 70 72, 99, 211 Bianchi, 212n4 Billion, 17 21, 71n5, 72, 83 Bio-mechanics, 57 Bio-medicine, 11
3 Index 291 Birthplace, 249 BMW, 99 Boards, 1 Bolivia, 256n2 Bonus, 23, 83 Bottom-ranked, 42, 121 Bottom-starter, 143, 144, 154 Brabham, 140, 172, 176, 250 Braking, 285 Brand(s), 41, 73n6, 79, 81, 81n14, 85 88, 91 93, 104, 106 Brawn, 276 Brazil, , 265 Breaking, 2, 103 Breakpoints, Briatore, 17, 83n16 BRICS, 159 Britain, 52, 76, 241, 278 British, 52, 53, 57, 70n1, 71n5, 78n11, 141, 231 Broadcasting, 4, 49, 56, 69, 72, 73, 77 79, 106, 284 Brundle, 231, 285 Budget(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, 256n2 Business, 11, 17, 23, 87, 89, 91, 104, , 230 Button, 1 6, 206 C Calendar, 47 Canada, 240, 242, 243, 247 Canadian, 275 Capping, 60 Career, 134, 204, 207, 215, 222, 227, 230, 235, 241, 285 Cash, 44, 87, 101, 106, 171, 263 Causality, 266 Causation, 246 Centimeter-cubic, 126 CEO, 28, 70, 72 Cesaris, Andrea de, 231, 285 Chairman, 28 Challenge, 1, 11, 61, 62, 106, 185, 257, 266, 281 Champagne, 80 Championship, 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, 85 Charity, 20, 175n8 Chassis, 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, 169n5 Chief, 27, 28, 168 Chiron, Louis, 203, 275 Choice, 4, 10, 171, 196, 221, 271, 286 Cigarettes, 93, 96 Circuits, 21, 78, 117, , 160, 195, 214, 284 Club, 80, 89, 99 Coefficients, 125, , 143, 149, , 178, 179, 181, 217, 227, 259, 260, 273 et coeteris paribus, Colombia, 247 Coloni, , 195
4 292 Index Combination, 13, 20, 43, 83, 103, 131, 145, 189 Comeback race, 1 6 Commercial, 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, 286 Competitiveness, 59, 159, 219, 261, 284 Components, 19, 28 31, 45, 79, 87, 175, 178 Concorde (Agreement), 70, 74, 75, 80, 96, 100, 105, 261n6 Constructors, 42, 43, 70, 75, 91, 106, 126, 159, 165, , 193, 239, , , , 261, 264, 265, 273, 278, 284, 285 Consultancy, 31, 45, 57 Consumers, 92, 93, 232 Consumption, 51, 103, 126, 266, 287 Contract, 216, 221, 226, 227 Convex, 166, 213 Corporate hospitality, 73, 80 81, 284 Corporation(s), 71, 81, 88 Correlation, 32, 83, 121, 142, 147, 154, 246 Costs-benefits, Costs-of-a-formula-one-car, Cosworth, 23, 126, 135 Coulthard, David, 235, 261, 278 Cournot, 185, 190, 198 Covariates, 178, 180, 181, 223, 227, 236, 255, 256 Crash, 2, 116, 133n10, 173 Cross-sectional, 51 Cup, 74n7, 89, 90 Customers, 78n12, 89, 90 CVC, 71, 71n5 Cycle/Cycling/Cyclist, 86, 96, 116, 135, 136, 138, 140, , 157, D Danger, 73, 214, 219, 227 Data, 11 13, 28, 58 61, 84, 95, , 274 Database, 5, 11, 12, 147, 149, 176, 259, 271, , 280, 283, 284, 286, 287 Datasources, 12, 13, 255, 271, 272 Debts, 69, 173 Decades, 21, 58, 62, 73, 81, 83, 85, 128, 130, 134, 138, 140, 142, , 158, 160, 180, 181, 195, 204, , 211, 212, 214, 218, 221, 227, 272 Decisionmakers, 174 Deficit, 258, 264 Deflation, 174 Delta, 71, 73 81, 98, 99 Demand, 13 14, 43 45, 76, 90 96, 104, 159, 178, 186, 189, 214, 215, 236, 287 Democracy, 58, 241, 263, 266 Demographics, 179 Depreciations, 22
5 Index 293 Descriptive Statistics, 5, 12, 54, 180, , 256, 259, , 285 Design, 50, 79, 97, 136, 138, 172, 286 Determinants, 4, , 165, 176, 180, 186, , 246, 251, 253, 257, 260, 266, , 284 Development, 22, 23, 30 31, 45, 57, 87, 88, 91, 96, 100, 101, 106, 136, 147, 160, 222, 241, 244, , 255, 256, 258, , 281, 288 Deviation, 34, 81 Dictatorship, 6 Dijon-Prenois, 135, 138 Dilemma, 45 46, 59 61, 215, Disappearance, 41, 197 Discrimination, Disparities, 33 Distribution, 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, , 274, 284 DNF, 180, 278 DNQ, 180, 278 Dorfman-Steiner Theorem, Driver, 7, 12, 27, 31, 43, 83, 87, 104, 118, , 127, 128, 130, , , 148, 154, 155, 157, 158, 160, 181, , , 226, 227, , , 241, 242, 247, 248, 251, 259, 262, 265, , 278, 284, 285, 288 Driver/race, 140, 274 Driver-salaries-published, DTM, 88 Dummies, 139, 153, 160, 180 Duopoly, 72, 190 Duration, 29, 89, 130, 182, 209, 227, 230, 285 Dutch, 231 Dynamics, 56, , 252, 262, 263, 286 E Earning, 197 Ecclestone, 14, 59, 70 72, 99, 211 Econometrics, 7 9, , 137, 142, 149, 184, 280 Ecosystem, 232 Ecuador, 256n2 Education, 147, 158, 171, 241, 253, Effectiveness, 58, 60 Effects, 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, Effort, 1, 10, 13, 17 19, 44, 46, 47, 85, 97 99, 101, 174, 195, 196, 232, 245, 273, 280 Egypt, 256n2 Elasticities, 76 Elasticity, 76, Emerging, Emirates, 266 Emotion, 22, 169n5 Employment, 174
6 294 Index Endogeneity, 256, 256n3, 259 Engineering, 9, 11, 52, 136, 174, 219, 220, 244, 253, 265 Engineers, 9, 21, 44, 52, 136, , 165, 245, 287 England, 264 Entrants, 165, 172, 176, 180, 181, 191, 193, 195, 198, 271, Entrepreneurs, 196, 255 Entrepreneurship, 255 Entry-fee, 31 Environment, 54, 57, 70, 177, 198 Estimation, 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, 265 European, 52, 78, 85, 118, 231, 241 Evaluation, 2, 45, 99, 106, 122, 196, 252 Evolution, 7, 32 34, 72, 73, 82, 101, 116n1, 117, 126, 138, 145, 153, 154, 171, , 204, 213, 217, 218, 274, 283 Exit/exiting, 14, 38, 40, 60, 105, 180, 181, 190, 223, 235, 236 Exogenous, 43, 51, 171 Exports, 242 Externalities, 11, 50, 57 F Failure, 45, 102, 141, 168, 242, 259n5, 284 Fallacies, Fashion, 80, 84, 183 Fasiani, 172n6, 173n7 Fatalities, 214 Fees, 4, 31, 31n7, 48, 53, 73 76, 80 81, 193, 240, 253, 284 Ferrari, 13, 18 21, 27n1, 29, 31, 34, 44, 60, 62, 87, , 122, 126, 176, , 233, 235, 261, , 278 Ferrari, Enzo, 13 FIA, 12, 31, 31n6, 45, 48, 53, 70, 72, 74, 165, 208 Finance, 9, 70, 72 Finland, , 265, 278 Firms, 30n5, 48, 49, 51, 86, 90 94, 138, 144, 166, 168, , 185, 205, 232, 239, 263, 283 FISA, 70, 70n2 Fittipaldi, 191, 266 FOCA, 70 FOCA-FISA, 70n2 FOM, 70, 70n4, 71, 80 Ford, 21, 126, 135, 191 Formula Ford, 159, 264 Founders, 174, 245 France, 19, 20, 135, French, 2, 138, 141 Funding, 44, 58, 73, 244, 263, 265 G Gamblers, 254 Game, 57, 81n14, 85, 216, 233, 235 Garage, 18, 198, 245 Gas, 44
7 Index 295 GDP, 76, 236, 244, 252, 256, , 266, 278, 279 Gearbox, 141 Gender, 84, 133n10 Generations, 70n1, 72, 106, 127, 172, , 280 Geo-economics, 285 Geopolitics, 241 German, 134n11, 231, 241n1 Germany, 76, 241, 243, 264 Government, 20, 48, 49, 51, 59, 88n17, 97, 245, 253, 255, 256, 258, 258n4 Grand Chelem, 131, 131n9 Greece, 10, 127, 278 Greeks, 98 Growth, 74, 76, 102, 158, 159, 252, 253, 256, 259, 263, 264, 266 Guarantees, 27, 273 Guatemala, 256n2 Guiness, 274 H Hakinnen, Mika, 242, 250 Hakkinen-Coulthard, 235 Hamilton, Lewis, 87, 118, 122n5, 134, 141, 216 Hausman-type, 142, 152, 154 Hayek, F., 102 Hazard, 97, , 217, 223, 230 Headquarter, 129, 142, 198, 231, 263 Health, 127, 136, 158, 183, 196, 205, 286 Hirschman-Herfindahl index, Hometown, 59 Honda, 29, 31n6, 88, Honduras, 256n2 Hope, 3, , 233, 234, 273, 288 Horsepower, 126, 136, 160, 287 Hospitality, 28, 31, 73, 80 81, 83, 284 Hospitals, 58 Households, 51 HRT, 27n1, 40, 42 Hungaroring, 138 Hungary, 241 Hunt, 20, 21, 288 Hypotheses, 3, 5, 6, 135, 255, 281, 286 I Idiosyncrasies, 6 Idiosyncrasy, 14 Illusion, 173, 173n7 Imbalance, 61, 122, , 187, 188, 193 Incentives, 4, 116, 219, 243, 244, 253 Income, 19, 23, 47, 49, 53, 56, 69 81, 97, 158, 159, 166n3, 244, 253, 256, 259, 263 Indebtedness, 57, 58, 86 India, 240, 243, 247 Indianapolis, 214 Indicators, 53, 93, 119, 122, 124, 255, 264, 273 Industry, 4, 5, 7, 9 11, 14, 17 21, 38 40, 48, 72, 73, 87, 88, 92, 97, 99, 106, 116, 166, 177, 198, , 222, 223, 233, 244, 245, 252, 258 IndyCar, 38, 74n7 Inefficiency, 92 Inelastic, 76, 186 Inequalities, 62, 100, 102 Inflation, 78, 256
8 296 Index Inflation-unemployment, 252 Injuries, 44 Input-Output, 51 Insolvency, 41, 60 Inspections, 136, 141 Institutions, 10, 19, 20, 171, 241, 255, 266 Instruments, 19, 20 Investment, 45, 48, 57, 71 73, 81, 83, 91, 94, 98, , 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, 278 Italian, 100, 116, 172, 174, 231 Italy, 76, , 278 J Jaguar, 42 Jail, 234 Jockeys, 99 Jordan, 89 Journalists, 6, 60, 283 Junior series, 73, 80 81, 128, 242, 284 K Kaplan-Meier, 175, 177, , 209 Keynes, John Maynard, 56 Keynesian, 56 Korea, 278 Kuwait, 278 Kuznets, S., 51 L Labor, 214 Laboratories, 245 lapped, 129 Lap(s), 2, 131, 147 Latvala, Jari-Matti, 242 Latvia, 256n2 Lauda, Niki, 12, 128, 216, 288 Lavoisier, 18, 47 Law(s), 59, 132, 168, 246, 253, 265, 280 Leadership, 91, 196 Leads, 44, 60, 92, 104, 116, 149, 187n14, 219 Leontieff, W., 51 Lerner, 94 Liabilities, 44, 87 Liberal, 70n1 Ligier, 176 Likelihood, 132, 178, 181 Lithuania, 256n2 Loan, 48, 71n5, 86 Logistics, 28, 253 Logit, , 131, 132, 139, 142, 143, 146, , , 160, 258 Log-odds, 149, 150, 152 Log-Rank, 180, 208, 210, 223 Lola, 105, 170, , 195 Long-term, 38 40, 57 58, 72, 87, 91, 263n6, 284 Low-budget, 120, , 230, 232, 233, 236 Low-ranked, 120 Luxembourg, 71 Luxury, 56
9 Index 297 M Macroeconomics, 51, 258 Malaysia, 54 Management, 31n6, 70, 73, 80, , 106, 129, 130, 169, 207, 215, 240, 287 Manager, 7, 23, 27, 28, 44 46, 52, 60, 73, 75, 87, 94, 99, 102, 103, , 168, 172, 174, 181, 195, 196, 216, 219, 233, 243, , 287 Mansell, Nigel, 7, 141, 211, 216, 235 Manufacturers, 22, 43, 88, 121n3, 265 Maranello, 31n6, 100, 211 Marina Bay, 138 Markets, 14, 19, 20, 29, 40 43, 48, 56, 61, 72, 76, 86 88, 94, 96, 106, 126, 166n1, , 185, 186, 188, 189, 191, , 244, 246, , 255 Marlboro, 95 Marshals, 54, 211n2 Martini, Pier-Luigi, 231 Marussia, 31 Massa, Felipe, 118, 138, 211, 261 Matra, 21 McLaren, 85, 99, 104, 172, 176, , 261 Measures, 17, 19, 20, 34, 48, 50, 82, 100, 124, 134, 142, 169, 186, 187, 193, 246, 252, 274 Mechanisms, 204, 263 Media, 4, 48, 54, 71, 78, 78n12, 84, 87, 88, 89, 104, 106, 130, 216, 254 Median, 55, 81, 83, 84, 174, 184 Medicine, 11 Mega-Events, 50, 52, 57, 58, 76 Mercedes, 29, 31, 34, 60, 88, 99, 233, Merchandising, 48, 54, 71, 81n14, 83, 262 Mexican, 134n11 Microeconometrics, 8 9 Microeconomics, 8, 75, 283 Middle-ranked, 121 Minardi, 176 Monaco, 53 54, 79, 204, 241, 275 Monocoque, 27, 31 Monopolist, Monopolistic, 76, 90 Monza, 53, 116, 131 Morocco, 241 MotoGP, 96 Motorsports, 1 10, 13, 21 23, 28, 29, 34, 42, 46 61, 72, 76 78, 80, 88, 93, 96, 97, 99, , 117, 120, 127, 135, 142, 145, , , 166, 168, 175, , 204, 205, 211n3, 215, 216, 222, , 239, 241, 242, 244, 245, , 261n6, , 271, 273, 280, 281, 283, Mph, 130 N NASCAR, 22, 53, 61, 74n7, 96, 97, 99, 103 NBA, 60 Netherlands, 241n1 Newcomers, 76
10 298 Index New-Zealander, 250 Nietzsche, 116 Nonprofit, 47, 170 Norway, 256n2, 278 Nurburgring, 118, 214 O Odds, 259, 259n5 OECD, 278 Off-contract, 59 Offshores, Off-track, 47 OICA, 243 Oligopolistic, 11, 60, 185, 222 Oligopoly, 39 Olympiads, 127 Olympics, 57, 85, 89 Oman, 203, 256n2, 278 Open-wheeled, 159 Oporto, 117 Optimization, 193 Osella, , 195 Overtakes, 138 Overtaking, 138, 140 Oxfordshire, 52 P Pacific-Ilmor, 276 Paddock, 47, 80, 81, 89, 128, 181, 195, 230, 262, 284 Panel-data, , 142, 149, 258 Pareto, , 173n7 Parties, 48 Partnerships, 87, 91, 104, 235 Pastor Maldonado, 88n17 Pay-drivers, 81, 83, 128 Pay-TV, 78, 78n11 Peru, 256n2 Philippines, 256n2 Piquet, Nelson, 138, 216, 266 Piranha Club, 99 Pit, 129, 130, 145, 183 PitPass, 99 Plato, 18 Podiums, 11, 22, 23, 27, 30, 31, 41, 104, 118, 120, 127, 134, 135, 141, 142, , 147, 154, 155, , 216, 219, 220, , , 275, 278, 285 Point-maximizing, 41 Points-earner, 219 Poles, 134 Politicians, 6, 58, 60 Politics, 5, 58, 61, 72, 76, 98, 98, 141, 173n7, 266, 278, 283, 285, 288 Portugal, 117, 254, 265 Portuguese, 59 Position, 2, 23, 91, 94, 101, 118, 129, , 137, 138, , 145n14, , , 157, 158, 160, 172, 189, 223, 227, 284, 288 Poverty, 262 Power, 11, 29 31, 31n6, 60, 76, 85, 91, 92, 118, , 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
11 Index 299 Priceless, 13 Prize Money, 42, 73, 74, 81 83, , 195, 284 Probabilities, 31, 62, 92, 106, 120, , , , 148, 149, 154, 155, 157, 158, 166, 175, 178, 181, 205, 206, , 217, 226, 227, 241, 242, 244, 245, 259, 259n5, 261, 281, 284 Probit, 128 Producer, 158, 183 Production, 21, 51, 57, 94, 96, 168, 239, 243, 265 profit-maximizing, 40, 75 Profits, 40, 41, 72, 73, 75, 93, 94, , 174, 175 Public, 46 49, 50, 54, 57 59, 104, 244, 253, 254, 256, 258, 264, 272, 278 Punishment, 233 P-value, 137n12, 142, 180, 187, 223, 258n4, 261, 280, 281 Q Qatar, 71, 256n2, 278 Qatari, 71 Quasi-Fixed Costs, R Race, 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, , , , , , 178, 180, 182, 189, 195, 196, 203, , , 213, 213, 216, , 226, 227, , 235, , 272, 276, 278, 281, Racer, 2, 116, 117, 120, , 204, 208, 215 Raikkonen, Kimi, 24, 25, 118, 242, 250, 278 Rationality, 2, Ratios, 220 Rear-engine, 172 Rebranding, 41 Records, 5, 10, 12, 55, 134, 136, 140, 180, 223, 256, , 285 Redbull, 23, 99, 276, 278 Redistribution, 96, , 284 Refueling, 126 Regressions, 128, , 180, 181, 208, 217, 223, 226, 236, 261, 285 Regressors, 137n12 Regulations, 19, 39, 44, 79, 80, 88, 136, 140, 165, 181, 195, 196, 222, 251, 253 Reimbursements, 7, 44 Reputation, 20, 43 44, 168, 218 Responsibility, 87, 175, 203 Retirement, 2, 44, 203, 204, 216, 218 Revenge, 288 Revenues, 4, 11, 18, 40 42, 49, 53, 54, , 116, 159, 166, 166n1, 166n3, 168, , 179, 195, 196, 198, 215, 218, 219, 222, , 274, 284
12 300 Index Review, 254, Rewards, 97, 102, 103, 122n4, 144, 154, 171, 195, 221, , Rhodesia, 248 Ricardo, David, 182, 207, 265 Ricciardo, 122n5 Risk, 43, 44, 88, 89, 102, 103, 174, 181, 195, 226, 227, 235, 242 Rookies, 127, 204 Rosberg, 122, 242, 250, 289 RPM, 126, 136, 160, 287 Rules, 23, 29, 40 44, 75, 76, 98, 105, 126, 130, 140, 185, 196, 208, 214, 218, 222, 281 Rumors, 71 Runner-up, 122, 122n4, 126 S Safety, 47, , 213, 240, 253 Salaries, 22 28, 52, 215, 219 Satellite, 51 Sauber, 176 Saudi, 256n2, 278 Savings, 11, 49, 51, 158, 244, 258 Scandinavian, 135 Scarcity, 10, 13, 60, 280 Schumacher, Michael, 12, 122, 126, 134, 140, 206, 211, 234, 261, 275, 278, 285 Schumacher, Ralf, 211 Schumpeter,J. A., 98 Science, 4, 6, 7, 10, 11, 179, 183, 232, 233, 243, 283, 290 Scope, 10 Scotland, 71n5 Scuderias, 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, , 105, 106, , 121, 122, 124, 127, 134, 144, 149, 154, , , , 193, , 216, , 226, 227, , 235, 236, 241, 243, 244, 261, 263, 266, , 280, 283, Sebastien Vettel, 122n5, 140, 144, 216, 290 Security, 57 Senna, Ayrton, 1 6, 12, 21, 83, 131, 133, 134, 138, 216, 268, 290 Shareholders, 60, 71, 72, 99, 172, 196 Short-term, 39, 40, 57 58, 87, 166, 218, 263n6 Shutdown, Silverstone, 12 13, 53, 55, 128, 131, 141, 147, 158, 222, 285 Singapore, 56, 76, 138, 268 Slavica, 71 SLEC, 70, 71 Soccer, 4, 60, 61, 72, 77, 78, 87, 89, 141, 266 Socioeconomic, 51, 84, 183, 198 Space(s), 6, 79, 88, 94, 104, 126, , 198, 214, 253, 254, 262 Spain, 76, 265 Spanish, 122n5, 158 Spectators, 72, 77, 78, 89 Speed, 116, 127, 145, 160, 205, 245, 252 Speedway, 23
13 Index 301 Spending, 41, 57, 58, 93, 101 Sponsor, 8, 27, 27n1, 40, 42, 47, 73n6, 79, 81, 83 89, 91, 94, 96, , 145, 168, 174, 195, 196, 231, 281 Sponsorship, 4, 38, 49, 73, 73n6, 77 79, 81 96, 104, 106, 116, 195, 284 Stabilization, 117 Stadiums, 23, 60, 69, 73, 141 Staff, 21, 31, 42 44, 52, 54, 102, 104, 148, 165 Stakeholder(s), 71, 128 Start, 11, 22, 44, 83, 96, 98, 115, 130, 131, 140, 147, , 152, 158, 182, 211, 216 Strategy, 44, 79, 173, Streaming, 77, 106 Superlicence, 208 Surpluses, 48, 258, 258n4, 263 Survival, 5, 27, 38, 41, 61, 106, 165, 166, , 193, 195, 197, 198, , , 230, 231, , 254, 285 Sustainability, 106, 116, 232, 287 Suzuka, 1 6, 212n4 Suzuki, 173 Sweden, 278 Swedish, 135 T Talisman circuits, , 144, , 284 Target-customers, 78n12, 89 Tarmac, 138 Taxation, 5, 22, 49, 51, 54, 59, 61, 72, 86, 97, 253 Tax haven, 5, 61 Taxpayers, 47 Team, 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, , 121, 127, 128, 136, 142, 144, 145, 148, 157, 168, , 180, 181, , 190, 193, 195, 208, 211, 216, , 223, 226, , 245, 275, 276, 278, 284, 285 Teammates, 121, 122, 235, 278 Television, 4 Tennis, 87 Territory, 249, 250, 254, 263, 265 Test, 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, 96 Tokens, 31n6 Top-ranked, 120, 142 Top-starter, , 154, 157 Tourism, 49, 53, 56, 58, 76, 84, 256, 259 Tournaments, 69, 85, Tracks, 5, 54, 76, 88, 117, 127, 144, 148, 152, 195, 213, 214, 226, 231, 251, 254 Trackside, 79 Trade, 19, 49n11, 51, 70, 81n14
14 302 Index Trade-off, 197 Traffic, 48, 48, 129, 253 Transfer(s), 70, 83, 102, 216 Transmissions, 116 Transportation, 262, 264 T-ratio, 124 T-statistics, 126 Turkish, 4, 77 Turmoil, 141 Turnout, 116 Turnovers, 52, 59 Tyres, 18, 29 30, 84, 87, 130, 136 Tyrrel, 135, 176 U UK, 71, 79 Unemployment, 42, 49, 252, 256, 278 Upgrading, 257 USA, 53, 85, 241 Utilitarian, Utility, 103, 171 V Validation, 142, 272 Valuable, 12, 38, 274 Valuation, 51, 76, 80, 83, 196, 218, 280 Value, 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, , 142, 144, 145, , , 157, 160, 166, 174, 178, 180, 185, 195, 217, 219, 220, 222, 223, 246, , 255, 256, , 266, 272, , 283, 285 Vector(s), 86, 178, 217 Venezuela, 88n18 Venezuelan, 88n18 Verstappen, 231 Vettel, 134, 140, 144, 216, 288 Victory, 2, 4, 7, 10, 11, 22, 30, 41, 46, 126, 129, 131, 134, 135, 140, 141, 145, 157, 160, 180, 186, 254, , 281, 284 Villeneuve, Gilles, 138, 288 Villeneuve, Jacques, 7 VIP, 79 Virgin, 40, 42 Vodafone, 96 Volkswagen, 136 Volume, 50, 94, 106, 262 Volunteers, 21 Voters, 232 W Wage, 40, 73, 98, 99, 190, 204, 219, 222, 283 War, 52, 69, 85, 241 Warming, 27
15 Index 303 Warm-Up, Watchers, 88 Watching, 6, 21, 69, 78, 115, 116, 254 Water, 42, 233 WCC, 42, 96, 101, 104, 168, 173, 216, 219, , 245 WDC, 118, 241, 246 Wealth, 54, 69, 71, 81, 85, 120, 216, 241, 244, 263, 271 Web, 12, 28, 89, 272, 273, 284 Welfare, 102 Western, 241 Wheels, 13, 141 Williams, Frank, 10, 32n8, 44, 176, , 233 Willingness, 3, 10, 72 Win, 2, 22, 57, 115, 127, 134, 135, 138, 144, 147, 215 Wings, 84, 138 Winner, 2, 4, 60, 85, , 124, 127, 145, 157 Winning, 27, 31, 38, 42, 61, 99, 115, 117, , , , , 155, , 219, 230, 231, 241, 284 Wins, 23, 85, 87, 140 Withdraw, , 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, 265 WTCC, 88, 99, 103, 265 X XL, 184 Y Yields, 72, 98, 103, 171, 193 Z Zero, 118, 139, 172, 178, 180, 212, 223
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