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Post by Pistola on Aug 22, 2020 19:53:58 GMT -8
We can eliminate 2 people then. Maybe it's the heirs of John Beresford Tipton.  |
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Post by mmi16 on Aug 22, 2020 20:03:46 GMT -8
With the coming 'F1 monetary cap' it will be difficult to hemorrhage money into Williams. And to me that's why it makes sense to do it now, when the cap comes in every Team will be limited and the back marker Teams have a bigger upside than Teams like Mercedes who need tons of money to find the nth degree of tweaking while a Team like Williams can make bigger gains for much smaller amounts of money. Another thing that might work is Honda is making Red Bull look very good giving Honda more possible customers as long as the price is better than the newly throttled Mercedes engines. Also hopefully in time the Ferrari engine will get better as well giving more options to the Teams looking to get better for their limited amounts of money. If the money hasn't been spent by now - it is too late to start accumulating the intellects necessary to spend it with any positive effect - spending it now would just be throwing it away for the sake of throwing it away. |
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Post by wilmywood8455 on Aug 23, 2020 3:07:31 GMT -8
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Post by chernaudi on Aug 23, 2020 4:47:35 GMT -8
Either way, it's buy low and sell high, like in the stock market and other things. However, even with the budget cap I'm skeptical about how much, if any, profit that they can sell the team for. I'm skeptical if Williams made a profit by selling off basically the whole team.
I'm interested in who a future buyer would be when Williams is up for sale again. Could the Williams family get a group of investors together that would allow them to buy the team back with Williams in control? Same thing happened in 2002 when heirs of the founders of Heckler & Koch bought HK from BAe Systems with backing from a group of investors.
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Deleted
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Post by Deleted on Aug 23, 2020 5:08:35 GMT -8
From Dorilton's website ... Patience We prefer to create value over the longer term by reinvesting cash flow while avoiding excessive leverage. Partnership We work actively with existing management teams recognizing that long-term business success is the result of a team effort. Dorilton views its role as providing additional capital for acquisitions and growth projects and support and expertise to take its companies to the next level. Continuity We partner with companies that are led by strong management teams and have a successful history and culture. We firmly believe in our companies continuing with the elements that have made them successful. www.doriltoncapital.com/about/Phrases like this are nothing more than high-level corporate bullshit. |
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Post by wilmywood8455 on Aug 23, 2020 5:47:53 GMT -8
From Dorilton's website ... Patience We prefer to create value over the longer term by reinvesting cash flow while avoiding excessive leverage. Partnership We work actively with existing management teams recognizing that long-term business success is the result of a team effort. Dorilton views its role as providing additional capital for acquisitions and growth projects and support and expertise to take its companies to the next level. Continuity We partner with companies that are led by strong management teams and have a successful history and culture. We firmly believe in our companies continuing with the elements that have made them successful. www.doriltoncapital.com/about/Phrases like this are nothing more than high-level corporate bullshit. Maybe, but does anyone have any evidence to the contrary, or shall we just throw crap at the wall and see what sticks?
Bottom line is, thanks to them, Williams will continue to be on the grid and have a chance.
I vote for waiting and seeing what happens before condemning them. |
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Post by rmp0012002 on Aug 23, 2020 6:02:42 GMT -8
Not big on equity/investment firms buying teams, it’s not about winning it’s about profit. With the salary structure in F1 teams know what they are going to make so these firms will either cut employees and R&D and in general put less back into racing to make that profit. The yearly return on investment for any F1 team is not very good. That’s what I mean. Racing is their business so F1 teams put back into racing what they make from the rights holder. If say Ferrari gets a check this year of say $100m and only put $50m back into the team, bang a profit. You’re not going to win anything but the owner will make money. |
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Deleted
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Post by Deleted on Aug 23, 2020 6:47:28 GMT -8
Phrases like this are nothing more than high-level corporate bullshit. Maybe, but does anyone have any evidence to the contrary, or shall we just throw crap at the wall and see what sticks?
Bottom line is, thanks to them, Williams will continue to be on the grid and have a chance.
I vote for waiting and seeing what happens before condemning them. I'm not condemning anybody.
I work for a Fortune 200 company. I read this type of crap all the time.
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Post by Carlo_Carrera on Aug 23, 2020 7:14:09 GMT -8
Maybe, but does anyone have any evidence to the contrary, or shall we just throw crap at the wall and see what sticks?
Bottom line is, thanks to them, Williams will continue to be on the grid and have a chance.
I vote for waiting and seeing what happens before condemning them. I'm not condemning anybody.
I work for a Fortune 200 company. I read this type of crap all the time.
Yes, the talk is all standard corporate crap. Obviously the proof will be in the results. I'm optimistic, for now. |
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Post by Pistola on Aug 23, 2020 8:05:07 GMT -8
Either way, it's buy low and sell high, like in the stock market and other things. However, even with the budget cap I'm skeptical about how much, if any, profit that they can sell the team for. I'm skeptical if Williams made a profit by selling off basically the whole team. I'm interested in who a future buyer would be when Williams is up for sale again. Could the Williams family get a group of investors together that would allow them to buy the team back with Williams in control? Same thing happened in 2002 when heirs of the founders of Heckler & Koch bought HK from BAe Systems with backing from a group of investors. The Williams family was the problem. Anybody who might chose to invest funds with them would just piss it away. |
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Post by chernaudi on Aug 23, 2020 8:40:38 GMT -8
And that's probably why the $152 million price tag. Mercedes-Benz spent about 4 times that on R&D for their 2014 engine package. Too much talent left the team as they aged or move on to new opportunities, and even if Clare was in change on paper, Sir Frank probably was still calling the shots in actual effect.
I agree with those who've said that Williams was stuck in the past too long. Time marches on, and you either march with it or get left behind.
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jmjgt
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Post by jmjgt on Aug 23, 2020 17:32:09 GMT -8
I'm not condemning anybody.
I work for a Fortune 200 company. I read this type of crap all the time.
Yes, the talk is all standard corporate crap. Obviously the proof will be in the results. I'm optimistic, for now. One thing for sure, there's NO money in buying the team and slowly watching it fall apart. Just having an established entry is worth millions and the sport is a good regulation change away from attracting a manufacturer back in. the trick will be to get the team into the same position Force Nepotism was when Aston bought them. |
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Post by chernaudi on Aug 24, 2020 6:14:05 GMT -8
Actually, Lawrence Stroll (Lance's father and Racing Point owner) bought a significant stake in Aston Martin, and is trying to get them into F1 at least as a sponsor/brand exercise. He's already made changes at AM, including forcing Andy Palmer to resign, for example. And the significance of AM to getting into F1 beyond the Red Bull Racing stuff? Mercedes-Benz sells engines to Aston Martin (the Vantage is powered by a 4.0 TT V8 from the AMG GT), and helped AM design the V12 used in the DB11. Daimler is also a minority stakeholder in AM.
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Post by Pistola on Aug 27, 2020 8:37:32 GMT -8
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jmjgt
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Post by jmjgt on Aug 27, 2020 8:59:43 GMT -8
Would not be one bit surprised if the little king is sneaking back in, let's not forget he also kept the BT on all of the Brabham's after he bought THAT team.
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Post by Carlo_Carrera on Aug 27, 2020 9:23:04 GMT -8
The Dmitry Mazepin connection makes a bit more sense than Bernie's possible involvement. Time will tell I guess.
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Post by Pistola on Aug 27, 2020 10:21:44 GMT -8
So we have a business that is a front for another company which in turn is a front for someone anonymous who wishes to remain behind a front and is likely to be fronting for someone else. I'm starting to slip down a Vijay hole. Sabrina's denial is no longer plausible.  |
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Post by Carlo_Carrera on Aug 27, 2020 16:11:57 GMT -8
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Post by Carlo_Carrera on Aug 28, 2020 15:35:28 GMT -8
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Post by mmi16 on Aug 28, 2020 16:54:56 GMT -8
As I recall from a competition standpoint - while Bernie owned Brabham it was on a downward arc. |
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Korean cable TV is lousy. no more NASCAR nor NHRA
Jul 12, 2024 22:05:14 GMT -8
Korean cable TV is lousy. no more NASCAR nor NHRA
Jul 12, 2024 22:05:14 GMT -8