617 replies to this topic

[loki]

Er, I think you'll find that no one runs the show - that's why it's so difficult for anything to change.

Not on the commercial side.  Liberty is very much in control of what they own.  If Malone or Maffei didn't want Domenicali saying something or taking a position it wouldn’t happen.  If Liberty were open to new teams they would make that known.

[pdac]

Not on the commercial side.  Liberty is very much in control of what they own.  If Malone or Maffei didn't want Domenicali saying something or taking a position it wouldn’t happen.  If Liberty were open to new teams they would make that known.

 

Are you sure? Remember what was being said when Liberty took over and how things were put to one side until the contracts ran out? Well, the contacts ran out and those things are still on the side. Why do you think that is?

[loki]

That’s a simplistic and naive view of the situation.  

[pdac]

That’s a simplistic and naive view of the situation.  

 

Not really. The truth is that Liberty are responsible for the growth and development of Liberty. As such, if they do anything that upsets the dynamics of F1, then it will be to their detriment. Therefore, if other parties in F1 make achievable suggestions that they might disrupt F1 in some way should Liberty act against their desires, then Liberty will consider whether they indeed want to act. That really means to me that Liberty are not the ones in control of the situation.

[AustinF1]

My understanding is you are rejected if your mother was a hamster and your father smelt of elderberries. As long as the FIA and the F1 establishment continue to fart in the general direction of anyone wishing to join their little cabal, no one is getting in.

Now go away, or I shall taunt you a second time!

[HistoryFan]

There are serous rumours about Hamilton could buy a MotoGP team (he also owns a Extreme E team). It's a shame that's not possible in Formula 1. Rossi has a MotoGP team, Hamilton soon as well perhaps – that should be the case in Formula 1 as well...

 

But look what's happening with Andretti...

[Nathan]

Andretti is trying to build a team from scratch, Rossi and Hamilton are in existing teams. Audi recently bought a team, so it is possible.

[pdac]

There are serous rumours about Hamilton could buy a MotoGP team (he also owns a Extreme E team). It's a shame that's not possible in Formula 1. Rossi has a MotoGP team, Hamilton soon as well perhaps – that should be the case in Formula 1 as well...

 

But look what's happening with Andretti...

 

Anyone can buy an F1 team, if they have the money.

[kumo7]

Or if there is someone who wants to sell the team. I mean, nobody.

[FirstnameLastname]

Crazy that Honda gave its team away for a quid in 2008 when you consider the money they are worth now. Shame the likes of Super Aguri and Manor never managed to make it to this era where the teams are total cash cows

[pdac]

Or if there is someone who wants to sell the team. I mean, nobody.

 

People have an expectation about the price of something. But, the reality is that the price of anything is what it can be sold or bought for. If nobody wants to sell at your price expectation, then your price expectation is wrong. It's a rare situation where something is not for sale at any price. If may be that some F1 teams are simply not for sale. But I'm sure there are ones that can be bought if the owners were offered enough money.

 

The situation now is that F1 has moved to a climate where no teams are in imminent danger of financial collapse. That means that none of them have owners that need to cut their losses and sell up. That means that anyone wanting to buy has to persuade them - with an offer that is to good to refuse.

Edited by pdac, 17 September 2024 - 17:42.

[Nathan]

F1 fans are still trying to wrap their heads around $200 million worth of intangible value let alone the billions the other global sports teams (less all those fancy capital goods F1 teams have) are selling for.

[kumo7]

People have an expectation about the price of something. But, the reality is that the price of anything is what it can be sold or bought for. If nobody wants to sell at your price expectation, then your price expectation is wrong. It's a rare situation where something is not for sale at any price. If may be that some F1 teams are simply not for sale. But I'm sure there are ones that can be bought if the owners were offered enough money.

 

The situation now is that F1 has moved to a climate where no teams are in imminent danger of financial collapse. That means that none of them have owners that need to cut their losses and sell up. That means that anyone wanting to buy has to persuade them - with an offer that is to good to refuse.

 

Well, whatever prise it might be, no owner is going to see his or her team. Unless, he or she is in deep financial trouble... 

[JL14]

There are serous rumours about Hamilton could buy a MotoGP team (he also owns a Extreme E team). It's a shame that's not possible in Formula 1. Rossi has a MotoGP team, Hamilton soon as well perhaps – that should be the case in Formula 1 as well...

 

But look what's happening with Andretti...

 

To put in perspective: KTM wanted to set-up a new team and field 2 more bikes (mainly to solve their too many signed riders issue) after Suzuki withdrew at the end of 2022, but wasn't allowed to as those two bike spots were reserved for a manufacturer. 

Now BMW might come in in 2027, but with a bit of flexibility MotoGP could have had the 3/4 years prior to that also 2 more bikes on the grid by for examply allowing KTM to run/support/supply a 3rd team till a new manufacturer came in.

 

So it's not like everyone can start a team in MotoGP at will. There's also a fixed number and even between manufacturers and customers. So it's actually quite the same as F1 saying to Andretti they want them to be a full-fledged manufacturer.

Edited by JL14, 17 September 2024 - 20:12.

[pdac]

Well, whatever prise it might be, no owner is going to see his or her team. Unless, he or she is in deep financial trouble... 

 

Seriously? As an example, it's already becoming apparent that Renault are not so interested in the Alpine team anymore. I'm sure if someone approached them with a big sum of money, they'd sell in an instant.

[HistoryFan]

Andretti is trying to build a team from scratch, Rossi and Hamilton are in existing teams. Audi recently bought a team, so it is possible.

 

you will never see Hamilton buying a F1 team. There is a difference.

[HistoryFan]

Formula 2 team AIX wants to enter Formula 1 as well.

 

https://formulascout...the-goal/123385

[LolaB0860]

That's great, but more important than ambition is to know where have they stored the extra 4 billion dollars to pay the inevitable anti-dilution fund? Is it under the carpet? Can they pay in advance despite no quarantee of entry? If they can I'm sure Liberty and the other teams could perhaps negotiate a 5000 dollar discount for them.