Papa Pete demands we quit clinging to our cars
By
Duggan Flanakin
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April 13th, 2024
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Remember the American love for the open road? That paean to American freedom built on the automobile but made possible by highways that also enabled trucks to deliver goods to just about any location quickly and safely?
Hot cars are still popular today, as evidenced by the fact that the “Fast and Furious” movies have generated about $2 billion in ticket sales in the U.S. and another $5 billion worldwide. Formula 1 reported revenues of more than $3.2 billion in 2023, with profits up by 64%.
In 2021, the Fédération Internationale de l’Automobile (FIA), which governs world motorsports, including touring, sportscar, drag racing, and rally car events, commissioned the first-ever report on the global market impact from motorsports. In the first year after the COVID pandemic, the industry generated over $200 billion in business impact on the world’s economy, directly and indirectly supporting over a million jobs.
Electric vehicles arrived concurrently with the internal combustion engine – and were quickly rejected as impractical. During their brief heyday, electric vehicles were marketed as “the ideal woman’s car,” but gasoline engines provided more energy per unit mass and could travel greater distances.
https://www.cfact.org/2024/04/13/papa-pete-demands-we-quit-clinging-to-our-cars/?utm_source=rss&utm_medium=rss&utm_campaign=papa-pete-demands-we-quit-clinging-to-our-cars&utm_source=rss&utm_medium=rss&utm_campaign=papa-pete-demands-we-quit-clinging-to-our-cars
