Will GP3 hurt GP2?
March 2, 2010 9 Comments
In these tough times, having similarly structured categories under the same roof can be a risky proposition.
Though GP3 was clearly aimed at weakening the powerful F3 Euroseries, objective that seems to be on its way to being achieved, it may have some collateral damage in the form of the GP2 Series weakest teams.
Speaking numerically, a full GP3 season should run about €650.000 – the very low end of the spectrum for some of the GP2 Backmarkers.
First question is then, will I pay €650k to run in GP3 or the same to simply survive in GP2 with a budget-constrained team and with little guarantees of completing a full season?
The second issue occurs when neither the GP2 or GP3 grids are full. Rumors of GP3 drivers signing for €500k or less are abundant, and even then there are still plenty of seats to be had. This “sale period” is also destroying some lower-end GP2 teams, as drivers may be looking into the new series as a place to race until the global economy recovers and budgets are easier to come by.
All-in-all, I can’t help but wonder if GP3 was the best of ideas in 2010…. or, even more, if GP2 will survive the GP3 threat and live on after the critical 2010 season when teams and licenses may be reshuffled. Bottom line: will GP3 be the new GP2?