have a TV, never mind a licence or sky or cable. I watch motoGP on iPlayer on repeats for which you don't require a licence (you do if you watch it live, even on the internet).
I certainly won't be handing over any money. I'm sorry but why can't people say that enough is enough when it comes to money? When the viewing figures plummet (which they will), sponsors will drop the amount of cash they're willing to part with and some will drop out completely. They may have done some maths to predict that they'll at least break even but I very much doubt it. Also, if you're paying a fortune for a channel, you're going to expect lots of digital extras like being able to pull up timings, follow certain rider on board cams, etc. All of which requires investment.
This is a bad move for the sport, the sponsors (who make the sport possible and place a premium on maximum exposure to the most people possible and frankly everyone has access to BBC 1 and 2, ITV, channels 4 and 5 - for sponsorship and advertising, that's where you want to be) and above all for the consumer.
EDITED because my rant hadn't finished.