Quote:
Originally posted by Snrub
Common sense and the information we gather as hardcore fans would tell us that they're not going to make a profit in 2005. I have no idea how much they're losing right now, but it's clearly tens of millions. If we know they're not getting sweeter deals with promoters, there aren't more people in the stands, there isn't TV revenue and the teams can't support themselves, how could things be anywhere close to profit?
If Nortel came out tomorrow and said they made $40B profit in Q3 you'd call BS right? You're probably not following the company in detail, but everyone here knows that's not going to happen. Very basic business and common sense.
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Well. I follow the business side of racing as close as any one and based on what I have seen and heard, they can make a profit in 2005. And I'm sticking to it.