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Old 14 Apr 2018, 04:57 (Ref:3815349)   #1
Umai Naa
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Umai Naa should be qualifying in the top 5 on the gridUmai Naa should be qualifying in the top 5 on the grid
Archer Capital Gone

This just in:

https://www.speedcafe.com/2018/04/14...l-investments/
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Old 14 Apr 2018, 09:20 (Ref:3815391)   #2
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The trickle-down effect on the motorsport industry in this country will be immense, if the catagory falls over.
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Old 14 Apr 2018, 09:37 (Ref:3815392)   #3
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Archer is closing down over a 5 year period and intend to maximise returns from its current holdings (including Supercar) over that period.

Hardly "gone" but going at some time in the next 5 years.

As GTR says, we shall see what that all means in due course but I can't imagine anything will happen all that quickly, unless of course the parties that were reportedly considering purchase last year reactive their interest in the short term.
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Old 14 Apr 2018, 10:49 (Ref:3815399)   #4
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Archer is closing down over a 5 year period and intend to maximise returns from its current holdings (including Supercar) over that period.

Hardly "gone" but going at some time in the next 5 years.

As GTR says, we shall see what that all means in due course but I can't imagine anything will happen all that quickly, unless of course the parties that were reportedly considering purchase last year reactive their interest in the short term.
I had some dealings with the Red Rooster group in the last year or so, and they were positioning their business to be attractive to a different parent.

Supercar has many more pieces in the puzzle than that business, however the sale timeline will still assure a proper process to search for their new parent... to maximise the financial income, and potentially to manage an earn out arrangement likely to be in place.

An investment of $2m or so would produce a financial prospectus capable of being listed on the ASX... so that shouldnt be discounted as a possibility.

Perhaps Mr Miles can effect a sale to another partner, as he did to Archer all those years ago
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Old 14 Apr 2018, 11:00 (Ref:3815402)   #5
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mayhem should be qualifying in the top 5 on the gridmayhem should be qualifying in the top 5 on the grid
Would Fox be a possible suitor?
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Old 14 Apr 2018, 11:14 (Ref:3815410)   #6
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Would Fox be a possible suitor?
You might think so. A cheap way to buy content...
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Old 15 Apr 2018, 01:12 (Ref:3815575)   #7
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If Archer couldn't get what they wanted for it a year or so a go, they probably won't even get what was offered initially in this (5 year) fire sale
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Old 14 Apr 2018, 11:13 (Ref:3815409)   #8
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Whoever buys it from Archer gets a bargain compared to what they paid for it. The multitude of unanswered questions about the category’s future won’t have helped Archers efforts to offload up to now anyway.
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Old 15 Apr 2018, 01:27 (Ref:3815580)   #9
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Has this just been bad management? The series seems to be doing well in regards to crowds/tv numbers, better than a lot of other series in fact (relatively speaking) so I'm missing the part were the value was lost????
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Old 15 Apr 2018, 02:48 (Ref:3815586)   #10
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Has this just been bad management? The series seems to be doing well in regards to crowds/tv numbers, better than a lot of other series in fact (relatively speaking) so I'm missing the part were the value was lost????
They vastly overpaid in the first place.Cochrane was like the monorail salesman in The Simpsons and they swallowed his crap.
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Old 15 Apr 2018, 03:02 (Ref:3815587)   #11
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Heh heh, love your work, Alan. And he destroyed Pukekohe and Wanneroo for all spectators and other track users in the name of what Supercars couldn't live without. Not exactly setting the world afire on the GC, either. Appalling man.
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Old 17 Apr 2018, 02:12 (Ref:3816091)   #12
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Mixer should be qualifying in the top 3 on the gridMixer should be qualifying in the top 3 on the gridMixer should be qualifying in the top 3 on the gridMixer should be qualifying in the top 3 on the grid
Be interesting to see who the bidders are and whether the teams themselves might buy back the farm.
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Old 18 Apr 2018, 12:22 (Ref:3816344)   #13
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Be interesting to see who the bidders are and whether the teams themselves might buy back the farm.
I suspect most teams live hand to mouth and won't have the odd $10 million knocking around ......
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Old 18 Apr 2018, 12:38 (Ref:3816349)   #14
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I suspect most teams live hand to mouth and won't have the odd $10 million knocking around ......
They only have to outbid the next bidder...
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Old 15 Apr 2018, 01:39 (Ref:3815582)   #15
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I reckon post-2019 will be very different.

Holden will go. Nissan will extend their existing deal to the end of 2019, and leave as well.
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Old 15 Apr 2018, 02:07 (Ref:3815584)   #16
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mayhem should be qualifying in the top 5 on the gridmayhem should be qualifying in the top 5 on the grid
And I know this has been spoken of in a bunch of threads here, but then what?
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Old 17 Apr 2018, 02:16 (Ref:3816092)   #17
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well todays news of Fords recommiting should help the sale price
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Old 17 Apr 2018, 11:02 (Ref:3816141)   #18
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well todays news of Fords recommiting should help the sale price
Will it?

To the general public, Ford were never out of the series, they were still racing and winning.

To the great unwashed, is the body shape change to a Mustang really much different to the change from an FG to the FGX?
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Old 17 Apr 2018, 11:47 (Ref:3816154)   #19
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Will it?

To the general public, Ford were never out of the series, they were still racing and winning.

To the great unwashed, is the body shape change to a Mustang really much different to the change from an FG to the FGX?
I was not aware the general public were ever going to buy the series, so therefore that is irrelevant

however to the buyers of the series having Ford back in would be a winner, how much of a winner is unknown and up to the buyer
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Old 17 Apr 2018, 13:09 (Ref:3816170)   #20
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Will it?

To the general public, Ford were never out of the series, they were still racing and winning.

To the great unwashed, is the body shape change to a Mustang really much different to the change from an FG to the FGX?
Ford adding a sponsorship to the commercial portfolio would make a small improvement but having a previous "deserter" manufacturer rejoin the series would give it a lot more credibility for a potential purchaser but might also mean a higher purchase price so double edged sword - at the least give them reason to not walk away but maintain an interest to see where it leads.
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Old 18 Apr 2018, 01:28 (Ref:3816278)   #21
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Will it?

To the general public, Ford were never out of the series, they were still racing and winning.

To the great unwashed, is the body shape change to a Mustang really much different to the change from an FG to the FGX?
What has selling got to do with the general public?

Its more about that there seems to be a future for the series....a potential buyer needs to know theres a future. Having Ford come back in provides for a little more secure future
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Old 18 Apr 2018, 02:29 (Ref:3816285)   #22
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What has selling got to do with the general public?

Its more about that there seems to be a future for the series....a potential buyer needs to know theres a future. Having Ford come back in provides for a little more secure future
Although after reading this article, maybe the Supercars future is not so secure

https://www.smh.com.au/business/comp...13-p4z9gs.html
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Old 18 Apr 2018, 08:35 (Ref:3816309)   #23
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What has selling got to do with the general public?
Public interest in the product and the popularity of the product surely has an effect on the sale price doesn't it?

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Its more about that there seems to be a future for the series....a potential buyer needs to know theres a future. Having Ford come back in provides for a little more secure future
What did the future look like for CART in 2000? (Or Global Rallycross up until last night?)
CART had hugely popular events, four major motor manufacturers backing it, professional teams and big sponsors, and look at where it was in 2003.

Having Ford back involved is great, but it hardly secures the future of the series in any way, shape or form.
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Old 18 Apr 2018, 09:06 (Ref:3816315)   #24
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What did the future look like for CART in 2000? (Or Global Rallycross up until last night?)
CART had hugely popular events, four major motor manufacturers backing it, professional teams and big sponsors, and look at where it was in 2003.

Having Ford back involved is great, but it hardly secures the future of the series in any way, shape or form.
CART had its problems back then but they were internal and they paid the price, that's for sure. Global Rallycross has had problems behind the public face for some time so not really a surprise either.

Having Ford back in doesn't secure the future of the series, I agree with you there but it does strengthen the series and if the series is properly managed the return of Ford could well be something of a watershed moment.
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Old 18 Apr 2018, 22:22 (Ref:3816431)   #25
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Public interest in the product and the popularity of the product surely has an effect on the sale price doesn't it?



What did the future look like for CART in 2000? (Or Global Rallycross up until last night?)
CART had hugely popular events, four major motor manufacturers backing it, professional teams and big sponsors, and look at where it was in 2003.

Having Ford back involved is great, but it hardly secures the future of the series in any way, shape or form.
Not sure you can compare CART with supercars....population of Oz 25 mill...population of US 300 mill.

add to that the the yanks love their cars racing ie more 300k to a race day.


then you can see the payback of getting a depressed asset going again in the states will give a much greater return.

The issue here is that a racing series with one marque will not have any following.

But again...the public arent the people purchasing....it will be business people and business people are looking for a return on their investment
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