Tricky route for new circuit owners

There is no doubt that Formula 1 has fallen prey to crass commercialisation. When the circus started pitching its tents in nations that have either little or nothing as a background in motor racing - Bahrain, Malaysia, China and now Singapore; and as I write this Abu Dhabi has been instated instead of Canada for crying out loud! - the objective became clear.Think Abba's famous song.
The purist meanwhile is beginning to complain and feel alienated to a sport and club that he felt that he was a special member of. F1 does heavily lean on glamour and glitz. But the G and G of the past had class.
The obvious attempt currently to fill the coffers is not reliant on the overall improvement in racing as much as is the garishness that threatens to marginalise talent and technology.
The dumbing of the rules and regulations has indeed had its desired result of bridging the gap between the top and bottom rung teams.
This however promises to be so for a short while. From the 4 seconds between pole and the other end of the stick, the difference whittled down to around 2 seconds. But the difference is beginning to climb up slowly again.
Moneyed teams will and are finding the advantage in many other aspects of the car that do not have restrictions. On circuits that demand a fine blend of speed and handling, one will see and understand as to why teams such as Ferrari and Mclaren remain always remain on top. The odd win by a Vettel or two will not change the way that these top teams function.
Let us imagine that the Formula One Management (FOM) decides to go the whole hog and enforce more technical restrictions. Will that change the scenario? Will it bring down costs so that stragglers who make the grid stay on in F1? I don't think so.
There are certain costs that remain constant. Salaries, transport and other humdrum revenue overheads cannot be whittled down beyond a certain level.
New circuit owners have to be very careful with their investments and tread very carefully. If the supply of tracks outstrip demand, it would put the owners on a slippery wicket as the FOM can start increasing their demands with a threat to taking their circus to an alternate circuit.
With Abu Dhabi now poised to host an F1 race it is further becoming clear that it is the revenue from TV that is and will be the mainstay for the FOM.
These are not circuits that can sustain costs of hosting such mega events by gate sales alone. But then, I guess the Sheikhs are not doing this for the money either. F1 is offering an irresistible platform to the haves who have the wealth but not the recognition and therein lies the danger.