estimate of WT team budgets 2023
Teams rarely discuss their actual budget figures, although a recent trend has seen Richard Plugge of Jumbo-Visma claim that they are around 5th or 6th in the table of budgets this season. So with plenty of smoke and mirrors, it’s hard to really know for sure the exact budget figures. What we can...
procyclinguk.com
Taking the lower end of the estimate, the total budget for 18 teams is 440M. Supposing for a second that even the lower end of the estimate was inflated by 25% (very unrealistic IMO), it is still 330M.
Supposing again (again unrealistically) that teams get all the extra money from the "better business model" ™, does anyone think that there is at least an extra 300-400M per year to be had from TV rights (assuming that the goal of the whole 'reform' is for teams to be able to survive on TV rights money alone) once the rights are repackaged to include all races?
I dunno, seems really doubtful to me. With this kind of supposed mispricing of TV rights, it would have already been corrected in the nearly 20 years that PT/WT has existed.