Home Mobile Forum News Cookbook FaceBook Us T-Shirts etc.: Europe/Worldwide. eBay Motorsport Links Advertising  
Site Partners: SpotterGuides Veloce Books  
Related Sites: Your Link Here  

Go Back   TenTenths Motorsport Forum > Single Seater Racing > Formula One

Notices


Reply
 
Thread Tools Display Modes
Old 25 Feb 2002, 11:20 (Ref:222227)   #1
Super Tourer
Subscriber
Veteran
 
Super Tourer's Avatar
 
Join Date: Jan 2000
United Kingdom
East Anglia
Posts: 4,304
Super Tourer should be qualifying in the top 3 on the gridSuper Tourer should be qualifying in the top 3 on the gridSuper Tourer should be qualifying in the top 3 on the gridSuper Tourer should be qualifying in the top 3 on the grid
F1 ownership - Bernie & car makers?

Now that the Kirch empire is crumbling their stake in F1 will be for sale. It is very likely that whoever buys it will get it for a fraction of the price that Kirch paid Bernie for it.

This makes for a perfect win, win situation for Bernie as its is believed that Fiat, Renault, Mercedes & BMW are looking at potentially buying the stake. This is great news for Bernie as would remove the risk of the manufacturers forming a break away series and diluting F1.

If they don't choose to buy Kirch's stake - then Bernie can simply buy it back for substantially less than he received for it - knowing that the car makes will remain in F1 , with the pay TV deal that Kirch was proposing (and they were against)removed.

As it said in one of the Sunday papers - you could get all the people that have come off better in a deal against Bernie - into a phonebox.......
Super Tourer is offline  
Quote
Old 25 Feb 2002, 11:40 (Ref:222237)   #2
alesi95
Veteran
 
alesi95's Avatar
 
Join Date: Feb 2002
Location:
Edinburgh
Posts: 1,471
alesi95 should be qualifying in the top 10 on the grid
I questioned the whole selling out to Kirch.
Its like Bernie realized he was getting on a bit and passed the responsibility on. Very un-Ecclestone like. ("If I make any plans to die I'll tell you about it." Ecclestone in 2000.)
But now I realize its a win win situation for Bernie and talk of this Manufacturers break-away series can be stopped.
alesi95 is offline  
Quote
Old 25 Feb 2002, 12:18 (Ref:222259)   #3
f1manoz
Veteran
 
f1manoz's Avatar
 
Join Date: Jul 2001
Australia
Lincolnshire, UK
Posts: 7,294
f1manoz should be qualifying in the top 5 on the gridf1manoz should be qualifying in the top 5 on the gridf1manoz should be qualifying in the top 5 on the grid
It must either be Bernie or the car manufacturers that buy back the Kirch stake. Therefore, the sport will again have that stability that has been missing since the Kirch deal considering all the rumour and innuendo surrounding the breakaway series.

The whole deal was sour as soon as pen was put to paper.
f1manoz is offline  
__________________
Sunderland Til I Die!
Quote
Old 25 Feb 2002, 12:37 (Ref:222268)   #4
Maxmil
Veteran
 
Join Date: Apr 2001
United States
New England, USA
Posts: 778
Maxmil should be qualifying in the top 10 on the grid

Quote:
Originally posted by f1manoz
It must either be Bernie or the car manufacturers that buy back the Kirch stake. Therefore, the sport will again have that stability that has been missing since the Kirch deal considering all the rumour and innuendo surrounding the breakaway series.

The whole deal was sour as soon as pen was put to paper.
I think it makes a world of difference who acquires the SLEC shares from Kirch. If Bernie gets them, everything moves back to where it was "ante Bellum" which is not going to be satisfactory to the car manufacturers. Their stated goal is that they want a larger share of the TV revenues, and this requires either share ownership, or, a deal with the owner. If Bernie acquires the shares and will negotiate a new deal which is satisfactory to the manufacturers, all's well and good; if not, then I think the breakaway series is a real possibility. I also believe the negotiations will be very tough, because the manufacturers' unstated goal is to phase out Bernie before he dies in harness which would be a real trauma for F1 and their interests.

Maxmil is offline  
Quote
Reply



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
HRT ownership? billy bigtime Australasian Touring Cars. 6 10 Jul 2005 11:38
BAM! - ownership change rdjones Sportscar & GT Racing 13 12 Jul 2004 20:21
Why do racecar makers ask ten of thousands when boat/aircraft makers ask thousands? Green Monster Racing Technology 8 17 Jun 2004 06:10
Fantasy Old Car Ownership eclectic Classic Cars 23 19 May 2004 21:45
HRO/TWR ownership? Archer Australasian Touring Cars. 13 17 Mar 2003 03:08


Powered by vBadvanced CMPS v3.2.3

All times are GMT. The time now is 22:56.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2021, vBulletin Solutions, Inc.
Original Website Copyright © 1998-2003 Craig Antil. All Rights Reserved.
Ten-Tenths Motorsport Forums Copyright © 2004-2018 Royalridge Computing. All Rights Reserved.