29 replies to this topic

[mariner]

It probably wil make no difference but its an interesting sign of global power shifts.

 

http://www.theguardi...elli-tyre-maker

 

 

[danmills]

Oh great, the calendars are gonna go down the pan with it too.

[Elba]

If those Chinese first action would be to sack that annoying Hemberry then I'm all for it 

[PassWind]

It probably wil make no difference but its an interesting sign of global power shifts.

 

http://www.theguardi...elli-tyre-maker

 

Well after inventing the wheel I guess we have gone full circle? 

[sergey1308]

I think it's no matter who are the main shareholders in Pirelli. Of course, they may have another marketing strategy for promoting their tires and will exclude F1 from sport program.

Meanwhile there is nothing surprising in this. China produce almost everything for entire world and of course chinese major entrepreneurs have a lot of money.

[ronsingapore]

 

I think it's no matter who are the main shareholders in Pirelli. Of course, they may have another marketing strategy for promoting their tires and will exclude F1 from sport program.

Meanwhile there is nothing surprising in this. China produce almost everything for entire world and of course chinese major entrepreneurs have a lot of money.

 

 

Here is an article: http://www.forbes.co...ies-big-risk/2/

 

Good or bad??

[krapmeister]

Oh great, the calendars are gonna go down the pan with it too.

Au contraire - having some Chinese models in the calendar can *only* be a good thing...

[tmekt]

As long as the management stays European, I'm not worried.

[Fatgadget]

As long as the management stays European, I'm not worried.

 ...Smacks of racism to me...just saying.

[sergey1308]

Here is an article: http://www.forbes.co...ies-big-risk/2/

 

Good or bad??

on the one hand if we speak about formula 1 - no matter who holds Pitelli shares

on the other hand China becomes stronger and stronger, but Europe on the contrary weaker - and it's bad news

[sergey1308]

As long as the management stays European, I'm not worried.

who holds shares can elect management as you know, therefore it's a matter of time when chinese will promote their own top managers

[ExFlagMan]

I guess it might signal the end of the use of the phrase 'cheese tyres' when referring to Pirelli tyres, given that many Chinese are allegedly lactose intolerant.

Maybe the phrase will morph to become 'tofu tyres'

[kissTheApex]

...Maybe the phrase will morph to become 'tofu tyres'

Extra firm, firm, medium, soft, or silk?

[tmekt]

 ...Smacks of racism to me...just saying.

Wasn't my intention, sorry. 

 

Not saying that a Chinese management couldn't run the company as good as an European one, just that the focus of the operation might shift to somewhere else other than what it is now, if the management changes. They might lose interest in F1 (which isn't huge in the majority Asia) for example and if that happens, who'll replace them? Whatever you think about how the tyres have been in the past few years, Pirelli has been a good partner for F1.

 

That said, China does lack a bit in able people in the sort of higher education, senior management demographic and they do tend to go to Europe/North America to find that. It's not that the people aren't smart enough or anything (because they certainly are, nothing to with racism), they're just a relatively new economy in the corporate world and maybe just don't have enough experience with that kind of thing (which will eventually change, of course).

[superden]

My only experience of 'Chinese tyres' (as opposed to branded tyres, manufactured in China) on a road car, was both shocking and comical in equal measure. Thankfully the car in question wasn't mine.

Grip was an optional extra.

[katmen]

 ...Smacks of racism to me...just saying.

It is not racism, but Chinese and European are different culturally, including management culture.  It could lead to strong chinese paydriver in the future or ceasing Pirelli involvement in F1.

[sergey1308]

It could lead to strong chinese paydriver in the future or ceasing Pirelli involvement in F1.

It is surprisingly that haven't been any Chinese driver yet. Maybe Chinese companies have no interest in Formula 1. Hm... but there is Chinese race in calendar.

[Fastcake]

...Smacks of racism to me...just saying.

State-owned Chinese companies have a terrible reputation for corruption and poor management. It's sheer pragmatism to want the new owners to keep their distance.

[Nonesuch]

What a thread title!

 

It had me gleefully anticipating that we would at long last see the return of some actual competition between tyres as part of this, well, competition.

 

What a bummer!

[milestone 11]

Wasn't my intention, sorry. 
 
Not saying that a Chinese management couldn't run the company as good as an European one, just that the focus of the operation might shift to somewhere else other than what it is now, if the management changes. They might lose interest in F1 (which isn't huge in the majority Asia) for example and if that happens, who'll replace them? Whatever you think about how the tyres have been in the past few years, Pirelli has been a good partner for F1.
 
That said, China does lack a bit in able people in the sort of higher education, senior management demographic and they do tend to go to Europe/North America to find that. It's not that the people aren't smart enough or anything (because they certainly are, nothing to with racism), they're just a relatively new economy in the corporate world and maybe just don't have enough experience with that kind of thing (which will eventually change, of course).

Sorry, but I don't believe that you need to be apologising for an entirely innocent and innocuous remark. Too much of this calling racism at every vaguely opportune moment around here.

[tmekt]

Sorry, but I don't believe that you need to be apologising for an entirely innocent and innocuous remark. Too much of this calling racism at every vaguely opportune moment around here.

Do I need to apologize for my apology? 

[johnmhinds]

It is surprisingly that haven't been any Chinese driver yet. Maybe Chinese companies have no interest in Formula 1. Hm... but there is Chinese race in calendar.

Ma Qing Hua had a free practice run for Caterham in Shanghai and a test with HRT I think.

 

He was pretty hopeless though.

[Paco]

Doesn't matter either way as they could easily just hack the formula.

[R Soul]

Pirelli has been a good partner for F1.

In the same way someone who gives money to an alcoholic is a good friend? You'd say no, I'd say yes.

[turssi]

The new Chinese Pirelli already are superior in every way compared to their capitalist predecessors.

[tmekt]

In the same way someone who gives money to an alcoholic is a good friend? You'd say no, I'd say yes.

I for one do not make the decisions to help out my friends based on what diseases they have.

[malibu]

china is already the world largest economy

 

http://knoema.fr/nwn...data-and-charts

[superden]

china is already the world largest economy

http://knoema.fr/nwn...data-and-charts

Riveting.

[ronsingapore]

who holds shares can elect management as you know, therefore it's a matter of time when chinese will promote their own top managers

 

 

Not necessarily true; I keep a very close eye on business affairs and i believe many Americans would be deeply shocked by how many American manufacturing jobs in the auto industry were saved after the Lehman Brother crisis when Chinese investors from a very little-know Chinese auto supplier company bought the out the American auto parts supplier companies - and kept the American jobs, kept American workers, kept American managers and kept the American names of the American companies - the total number of Chinese managers sent over to the US to manage 10,000 American workers? less than 20.......

Edited by ronsingapore, 23 March 2015 - 16:02.

[chipmcdonald]

This is where someone needs to make a Photoshop combining Alibaba, Pirelli and F1.

 

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