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    IPQ - Project Proposal

    Uploaded by

    Arnav Gupta

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    © All Rights Reserved
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    IPQ - Project Proposal

    Uploaded by

    Arnav Gupta
    254 views3 pages

    Original Title

    IPQ- Project Proposal

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    © © All Rights Reserved

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    254 views3 pages

    IPQ - Project Proposal

    Uploaded by

    Arnav Gupta

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    For examination from 2022

    9980 / 01 Cambridge International Project Qualification


    Project Proposal Form

    Centre number AE105

    Centre name Cambridge Assessment International


    Education

    Candidate number 3008

    Candidate name Arnav Gupta

    Examination series (MM/YY)

    Research question:

    How does hosting a Formula 1 race affect the economy of a country?

    Briefly explain why you have chosen this question and topic.

    Formula 1 is quickly becoming a worldwide sport with many nations


    waiting in the wings to have their name on the F1 calendar. Viewership and
    attendance figures are higher than they have ever been and so I wanted to
    ask the question, how positive or even negative the economic impact can
    be on the nation hosting.

    I have always had a passion for automobiles and over the last 2 years have
    been enjoying motorsport. The knock-on effects of a grand prix are what I
    aim to tackle with this article and what the future of F1 is with regards to
    the length and quality of the calendar. This can be achieved by taking a
    deep dive at circuits that have delivered positively in the past and those
    that haven’t so. Factors such as promotion, quality of the venue,
    population and of course, the overall spectacle, the racing, among others,
    play a massive role on whether the nation has lived up to its expectations.
    One big example of a massive winner in recent Formula 1 is the US grand
    prix that happens in Austin. The taking over of F1 by Liberty Media and the
    release of drive to survive on Netflix have greatly raised interests in F1 in
    the region. On a race weekend, subways are packed, hotels are all booked
    and the atmosphere of the circuit paves way for many other events to take

    1
    For examination from 2022

    place. One not so successful example, is the Buddh circuit in India.


    Viewership figures were low and the conflict between the Indian
    government and Formula 1s bosses, found it unfitting to race there. Having
    taken a brief look at both sides of the argument, I see it as the best topic
    for me in relation to my passion and due to the scope of the question.

    Outline the research method(s) you will use and explain how this will help you to
    answer your research question.

    My secondary sources primarily comprise of web articles and books that


    talk about how F1 makes its big bucks and I hope to dissect all the
    information I gather, and write it in my own words to effectively answer my
    question.

    My primary data will be collected from business professors as they will


    know everything that goes into organizing a sporting event of this scale and
    calibre and hopefully if I’m lucky, I can get into contact from someone in
    the field of motorsport or maybe even someone from F1 itself to answer
    my questions and give me insider views that wouldn’t normally be found in
    an article or a book.

    My chosen method of primary data will be through interviews. Preparing


    surveys for this kind of topic will be difficult as everyone I plan on
    consulting will be specializing in different things and pre-prepared
    questions won’t satisfy my needs.

    Outline the main sources of information you have identified for the project.

    https://books.google.ae/books?
    hl=en&lr=&id=sgImDwAAQBAJ&oi=fnd&pg=PR5&dq=the+economics+of+f1+&ots=BylCHS0IzG&sig=
    NfScCJPpxRSo2Lw4pjxN9JizuUM&redir_esc=y#v=onepage&q=the%20economics%20of
    %20f1&f=false

    https://www.sciencedirect.com/science/article/abs/pii/S0306261905000486

    https://www.sciencedirect.com/science/article/abs/pii/S026427511400064X

    https://www.sciencedirect.com/science/article/abs/pii/S0264275117307126

    Copyright@UCLES 2020 2
    For examination from 2022

    https://journals.sagepub.com/doi/abs/10.5367/000000010792278347

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    Copyright@UCLES 2020 3

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