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Old 24 Jul 2005, 10:40 (Ref:1361945)   #1
gringottsdirect
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gringottsdirect should be qualifying in the top 10 on the grid
Hutchison Whampoa Could Buy F1.

http://news.bbc.co.uk/1/hi/business/4711853.stm

Is this good ?
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Old 24 Jul 2005, 10:43 (Ref:1361948)   #2
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Kicking-back should be qualifying in the top 5 on the gridKicking-back should be qualifying in the top 5 on the grid
If it keeps Bernie involved, yes it is.

It will be an owner who has an interest in making things successful.


Incidentally, they'd actually be buying the commercial rights - F1 itself is "owned" by the FIA.
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Old 24 Jul 2005, 10:45 (Ref:1361950)   #3
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gringottsdirect should be qualifying in the top 10 on the grid
Link for Telegraph.

http://www.telegraph.co.uk/money/mai.../ixportal.html
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Old 24 Jul 2005, 10:53 (Ref:1361953)   #4
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Concern that we'll suddenly have a dozen Chinese GPs...
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Old 24 Jul 2005, 19:57 (Ref:1362282)   #5
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I thought the 75% cost more than that, for some reason (has it devalued in recent times?).

It is a wonder the teams (well, manufacturers) don't just club together and make an offer, if they are that bothered about running financial aspects.
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Old 25 Jul 2005, 05:50 (Ref:1362529)   #6
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Kicking-back should be qualifying in the top 5 on the gridKicking-back should be qualifying in the top 5 on the grid
Bernie has now said he'd rather have the banks than Hutchison.

Better the devil you know....
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Old 25 Jul 2005, 06:00 (Ref:1362535)   #7
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Raglanparade should be qualifying in the top 10 on the grid
Banks = Conservative (Less likely to drastically change)

Hutchison = Radical (More likely to drastically change the face of F1)
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Old 25 Jul 2005, 17:17 (Ref:1363083)   #8
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Bernie has now told Autosport that his preferred option is that "the teams and the manufacturers to sort themselves out and own the sport so they can then control everything from the commercial rights to the TV, nice and beautiful."
http://www.autosport-atlas.com/news.aspx?id=45948&s=5
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Old 25 Jul 2005, 17:25 (Ref:1363089)   #9
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Dan Fielden has a lot of promise if they can keep it on the circuit!
Does anyone else agree that the way forward is to oust Max Mosley?
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Old 25 Jul 2005, 17:38 (Ref:1363104)   #10
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Well this thread has nothing to do with that! Obviously the selling of F1 to Hutchison Whampoa, the manufacturers or leaving with the banks is concerned with the commercial side.

There are plenty of threads to discuss Max in. Lets not ruin this thread.

Presumably this is why we have such problems when discussing F1. The structure of the FIA is explained on FIA.com and the split between the commercial and regulatory sides is explored there too. Starting from the point that these have to be separate according to EU law.

Anyway back to who could buy the commercial side of F1 and what Bernie is doing about it.
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