Formula One nerds were all a-twittering this weekend over a report from Iranian state news agency saying that the Middle Eastern dictatorship has plans to construct a “Formula 1 circuit.” But here’s the thing. Iran can build an F1-capable circuit all they want, but it ain’t happening anytime soon.

And no, it’s not because Iran is some Middle Eastern belligerent, hellbent on oppressing its populace under the boot heel of a crushing dictatorship. F1, and its muppet supremo Bernie Ecclestone in particular, actually seems to have a soft spot for , .

In fact, Bernie loves them so much, he’ll call them “” for daring to host one of his races.

It’s not that a race in notoriously prudish Iran probably wouldn’t allow , or that Lewis Hamilton’s combo probably , or that the country might randomly some equipment.

It’s that the country probably doesn’t have the money for it.

Not that the country probably couldn’t find the money, somewhere, if it dug around in the couch cushions. But in a country whose paranoid leadership is so worried about another revolution that it has a separate military , and another one just to protect the country itself, it’s hard to justify spending the exorbitant amounts of money needed to host an F1 race when you’ve got a standing unemployment rate of .

(To put that into a little bit of perspective, the unemployment rate in the US in 1935, in the midst of the Great Depression, was also .)

And in Ecclestone’s world, the only thing sacred is cash. The F1 calendar is littered with the ghosts of Grand Prix of even the that couldn’t get the money together, and the faded dreams of that wanted to get the money together.

Never mind that the country’s state news service has clearly never even seen an F1 race:

Only those who have enough money to need apply.

Topshot credit: Getty Images

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