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It depends what you call expensive. What Gorey paid for the Perkins licences certainly isn't expensive compared to what Larry was initially asking for them. $2.5 million for a pair of Level One licences is probably a fair price, more so when you consider that the Britek operation paid $1 million for the Ellery L2 licence. There is some uncertainty surrounding whether it was ever a sale or if it is leased, but the Imrie L2 was approved for sale to Britek for $800,000.
Is there a cheaper licence in the marketplace today? In all reality, probably not. Does it make sense to pay somewhat of a premium for a licence that comes with all the elements of a turn-key operation including sponsors? Probably, especially when such a package hasn't really ever changed hands. Usually a licence is available when a hand is forced eg. Ellery Racing and comes without any sponsorship whatsoever
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