65% of Supercar On The Market for $100m - CONFIRMED & STALLED

[Mixer]

Originally Posted by one five five

That would mean presumebly Supercars would then have to buy the Category Management rights off Tony Quinn, before the sale of Supercars could proceed.

That is one bloke who isn't silly, if it happens (which I think is weird), he will do fine out of it...

[peckstar]

Originally Posted by T-star

So you just wanted to argue instead of bettering the world.

Just pointed out the contradiction when the person responded to my comment, its called debate. Its not like i trawled through different topics months apart to try get a gotcha moment on a poster over a personal issue

are you going to talk about motorsport, as per forum rules? Or about me?

Anyway V8 sale. might be a good thing. Might not be time will tell.

[T-star]

I thoroughly enjoyed Super Tourers

[peckstar]

Originally Posted by T-star

I thoroughly enjoyed Super Tourers

Awesome.

[peckstar]

Archer Capital shelves Supercars sale attempt

[Mixer]

It would seem trouble in media companies have depressed the market. I wonder how Cricket Australia is going to go with the BBL.

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[D.R.T.]

Originally Posted by Mixer

It would seem trouble in media companies have depressed the market.

Just the media companies?

The fact that they couldn't get anywhere near the $100 million sale price (a 3rd of which they bought it for) must be concerning.

How much does the uncertainty of Gen2 contribute to this?

[Sandgroper]

Originally Posted by Mixer

It would seem trouble in media companies have depressed the market. I wonder how Cricket Australia is going to go with the BBL.

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BBL lost 20mill this year supposedly

[Mixer]

Originally Posted by Sandgroper

BBL lost 20mill this year supposedly

Not this year, over 5 years. But I think this is a caper to not pay players.

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[Sandgroper]

Originally Posted by Mixer

Not this year, over 5 years. But I think this is a caper to not pay players.

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actually I just read its 33mil over 5 years,

[PS2244]

Originally Posted by D.R.T.

Just the media companies?

The fact that they couldn't get anywhere near the $100 million sale price (a 3rd of which they bought it for) must be concerning.

How much does the uncertainty of Gen2 contribute to this?

Nowhere near a third? They purchased it for $180 million if I remember correctly bottom paragraph of the article
https://www.google.com.au/amp/s/amp.afr.com/street-talk/archer-capital-has-a-starting-point-for-v8-supercars-20170216-gue62t

[D.R.T.]

Originally Posted by PS2244

Nowhere near a third? They purchased it for $180 million if I remember correctly

Ah yeah sorry. Mixed up the 65% Archer sale.

Does show a decrease in sale value from 2011 to 2017 though

[velly4]

Was the sale a dummy to secure the rights to GT3 off Tony Quinn?

[one five five]

Originally Posted by D.R.T.

Does show a decrease in sale value from 2011 to 2017 though

That was always going to be the case.

In 2011 you had more cars, races in Homebush, Abu Dhabi, Bahrain and a newly signed deal to race in Texas

What we have now is nowhere near as attractive price wise from a buyers perspective as it was in 2011

Originally Posted by velly4

Was the sale a dummy to secure the rights to GT3 off Tony Quinn?

Unlikely, i'd say they just cast the net and the ear;y offers weren't what they wanted to hear, so they want to hang on to it for abit longer.

I don't know that buying the Australian GT Championship promotional rights for the series really ads a lot of value does it? It just gives them more control of their support acts.

[PS2244]

Originally Posted by one five five

That was always going to be the case.

In 2011 you had more cars, races in Homebush, Abu Dhabi, Bahrain and a newly signed deal to race in Texas

What we have now is nowhere near as attractive price wise from a buyers perspective as it was in 2011



Unlikely, i'd say they just cast the net and the ear;y offers weren't what they wanted to hear, so they want to hang on to it for abit longer.

I don't know that buying the Australian GT Championship promotional rights for the series really ads a lot of value does it? It just gives them more control of their support acts.

It does give the new buyers a easy hypothetical backup plan if Gen2 fails perhaps?

[velly4]

Originally Posted by one five five

That was always going to be the case.

In 2011 you had more cars, races in Homebush, Abu Dhabi, Bahrain and a newly signed deal to race in Texas

What we have now is nowhere near as attractive price wise from a buyers perspective as it was in 2011



Unlikely, i'd say they just cast the net and the ear;y offers weren't what they wanted to hear, so they want to hang on to it for abit longer.

I don't know that buying the Australian GT Championship promotional rights for the series really ads a lot of value does it? It just gives them more control of their support acts.

It's nothing to do with controlling everything. 100% back up plan for Gen2 failure

[rich07]

Originally Posted by Mixer

It would seem trouble in media companies have depressed the market. I wonder how Cricket Australia is going to go with the BBL.

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I wouldn't blame external forces for this. I blame the series. Pure and simple. Gen2 is a mess with so much uncertainty. I can't see any manufacturer joining in the next two years. I can't see a Mustang unless Ford pulls it thumb out and gives the OK to Penske to do such a thing but it makes too much sense for Ford Aus to do such a thing. If Nissan have any brains they'll realise that anything short of a GTR won't get the ROI they need to sustain a seven figure sum per year. You're running a Pulsar to replace a car you don't sell any more? To quote Shania Twain-that don't impress me much.

No Kia no Jag no Alfa. No idea.

Pity so many idiots were taken by those renders

[T-star]

Rich nailed it

[one five five]

Originally Posted by PS2244

It does give the new buyers a easy hypothetical backup plan if Gen2 fails perhaps?

Originally Posted by velly4

It's nothing to do with controlling everything. 100% back up plan for Gen2 failure

What does buying AGT get them though if Gen2 fails?

They could just adopt GT3 regs for the Supercars Championship, there is no need for them to buy the promotional rights to AGT to saferguard any Gen2 failure

[velly4]

Tony Quinn owns the rights to running GT3 regs in Australia. Without that Supercars can not run them.

[peckstar]

Originally Posted by velly4

It's nothing to do with controlling everything. 100% back up plan for Gen2 failure

[one five five]

Originally Posted by velly4

Tony Quinn owns the rights to running GT3 regs in Australia. Without that Supercars can not run them.

Other countries run GT3 regs in multiple national championships (until last week's CAMS announcement Australia did too)

Also isn't Supercars classified as an International series, while AGT is a National Championship?

[velly4]

Originally Posted by one five five

Other countries run GT3 regs in multiple national championships (until last week's CAMS announcement Australia did too)

Also isn't Supercars classified as an International series, while AGT is a National Championship?

Absolutely nothing to do with CAMS, or national championships. Tony Quinn owns the exclusive rights to running GT3 regulations under the SRO.

[PS2244]

Originally Posted by one five five

What does buying AGT get them though if Gen2 fails?

They could just adopt GT3 regs for the Supercars Championship, there is no need for them to buy the promotional rights to AGT to saferguard any Gen2 failure

It's a cost and time effective backup plan all the teams just need to do is buy new customer cars over manufacturers or get factory backing (which would be much easier) and it's pretty much good to go

[one five five]

Originally Posted by velly4

Absolutely nothing to do with CAMS, or national championships. Tony Quinn owns the exclusive rights to running GT3 regulations under the SRO.

Did the ACO buy the rights off SRO to run their GT3 series, which is in direct competition to SRO's series?

Ratel created the formula, but they are a set of FIA regulations which seem to be freely used elsewhere in the world, why would Quinn get exclusive rights to GT3 regs in Australia?