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#476 | ||
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Chilli, when the spend figure of, say $550 million, is mentioned, that would be what is currently required to pay FOM their "fee" of $200 million, then add in whatever it costs to create the facilities to build their own cars plus associated staffing costs, transporters, mobile gin palaces and materials and so on.
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#477 | ||
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that’s what I’m getting at…where they are at is still an inconsequential amount to spend, even as a start up cost, on a top level sports franchise.
In todays economy, you need to be in the couple of billion dollar range at least. |
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Home, is where I want to be but I guess I'm already there I come home, she lifted up her wings guess that this must be the place ![]() |
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#478 | |
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#479 | |
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They once said the only way an F1 team can make a small profit is to start with a large one or words to that effect
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He who dares wins! He who hesitates is lost! ![]() |
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#480 | ||
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#481 | |||
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Quote:
I think F1 teams have always made money in large amounts (possibly with the odd badly run exception). |
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#482 | ||
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#483 | |
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To paraphrase Mark Twain... "I'm sorry I wrote such a long post; I didn't have time to write a short one." ![]() |
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#484 | ||
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#485 | |
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#486 | |
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I think you missed the point. Yes, everything may have a price (how much for the women!) But for someone who is not wanting to sell, that price will likely be above market value. Why pay a premium?
Richard |
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#487 | ||
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Richard, don't waste your breath (or time bothering to reply)!
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#488 | |
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Is that:
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#489 | ||
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Like half the teams are owned or controlled by investment firms or group of investors…by definition those teams would all be tradable assets so most certainly have a value and price tag attached to them.
If rumours about the RB drama is to be believed, Horner felt that the RB teams were for sale. Haas has seen a lot of speculation for sale for a while now. AM team has been bought and sold more times than I can count Merc is, as always, one board vote away from a sale. So it’s really just Ferrari that’s not for sale…but in a way it was recently sold via an IPO and/or is always for sale now as a publicly traded corp and like Merc only ever a board vote away. Not sure why teams having a (very high)price tag attached to them is a controversial notion? |
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Home, is where I want to be but I guess I'm already there I come home, she lifted up her wings guess that this must be the place ![]() |
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#490 | ||
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Or there are two or three teams out of the ten that are available for a price
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I haven't got a life, just an anorak. ![]() |
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Part time wingman, full time spud. ![]() |
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#492 | |
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I fear that I didn't make my sarcasm very clear...
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#493 | ||
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Quote:
To think the Andretti F1 project, and it's rejection, is about anything other than money/investment return is missing the biggest point. |
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I don’t think teams are in a hurry to sell. Andretti deserves to be in F1 of it’s own merit
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#496 | |||
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Some more thoughts on Andretti's situation from Autosport.
As is often the case, the comments on the article contain some, uh, "interesting" theories & statements. As that is a "plus" article, behind a paywall, here is the text: Quote:
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“We’re far from having too much horsepower…[m]y definition of too much horsepower is when all four wheels are spinning in every gear.” ― Mark Donohue ![]() |
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Thread | Thread Starter | Forum | Replies | Last Post |
Andretti...Montoya...Andretti...Montoya! | macdaddy | ChampCar World Series | 33 | 9 Dec 2003 06:03 |
Andretti Green: Kannan, Franchitti & Andretti!!!! | Down F0rce | IRL Indycar Series | 9 | 19 Sep 2002 07:49 |