Quote:
Originally Posted by mountainstar
For starters, 2.65L V8 Turbos, the Panoz, Long Beach, Toronto, Cleveland, Surfers, Portland, Edmonton, Mont Tremblant and a lot of great teams and people.
|
I didn't realize that Cosworth was for sale in this. Otherwise, there is no value to the usage of the engines, nor the Panoz, as much as they are far better (in my opinion) than what the IRL use.
I'm not sure what PE you are proposing for this business, but I'll be generous and give it a 3x. The suggestion is that the combined revenue, net of all costs is $33 million per year to Champcar on the events you've listed. I would be surprised if any money was made to be honest, but if you have access to more accurate numbers, throw them out there.