Quote:
Originally Posted by rik
Although 7 of those were actually running in the Fujitsu series today!?
Anyhow, flogging old chassis overseas is probably better for the teams than Archer Capital? As a flood of discounted cars might actually be beneficial to the Fujitsu series.
Unless Archer can squeeze some sort of licensing fees for another series. But I don't really see the Middle Eastern circuits being up for that at this point in time.
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Its
not an Archer Capital run issue, its a V8 Supercar problem:
V8 Supercars’ international director Martin Whitaker says that establishing an overseas market for the current cars is the ideal solution.
V8 Supercars have their own management structure - Archer Capital have their own business to run e.g:
Since 1996, Archer Capital’s Partners and executives have closed over 25 acquisitions involving total aggregate funding in excess of $4 billion.
Australian private equity firm Archer Capital, has acquired Quick Service Restaurant (QSR), the Australia-based fast food operator, from Quadrant Private Equity for $474 million. The acquisition marks Archer's third deal in a span of six weeks. It bought motor sport race company V8 Supercars Australia and private hospital operator Healthe Care.
http://www.investinaustralia.com/new...et-equity-98k6
You are correct to say its the teams that hold the investment in the gear & it is the teams that have the excess baggage.