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Old 1 Nov 2016, 13:01 (Ref:3684518)   #10
bella
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Originally Posted by Jimmy Magnusson View Post
True that. In any case Prema has put themselves in about as good as a position as they can to attract other investments. If they can't do it now, well, I guess the team owner always has a choice if he wants to burn real bright for a while when a rich family shows up.
historically trying to sell off these big dad-owned teams is awkward, because the dad is used to selling companies off at a profit for what they're worth potentially. but in motorsport the reality is it's like buying a factory standard car, and modifying it to your own tastes then trying to sell it for a price that recoups all the money you've invested. ain't going to happen. see: p1 motorsport when it was owned by the grubmullers.

the huge overheads are an inconvenience to someone looking to run it as an actual racing team to break even or run a small profit without the incentive to invest. the assets aren't really worth much more than a team run without the big investor.

you're right though, compared to other teams who have had similar investment they're in far better shape and have turned out exactly the results they needed to, and arguably exceeded them. it'll take a monster budget in each series to break even and thankfully for them they're in exactly the right position to demand that.

but like property, it takes the right buyer who shares the exact same vision as the seller to pay the kind of money the seller wants. very rare, particularly when buyers with that kind of money aren't as prevalent as people might think.
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