LOGO
Reply to Thread New Thread
Old 08-07-2009, 09:59 PM   #1
anatmob

Join Date
Oct 2005
Posts
598
Senior Member
Default
Do they own the land and buildings or are they contracted to them?
When are the drivers contracts due?
Who wants to buy the assets of a specialist F1 racing team in this climate?
What over commitments are in place with suppliers / partners?
What are the contractual implications and get out clauses with sponsors?

That should do for a few million starts
1. They own them...
2. Kubica's ends this season, Heidfield's next but I suspect that will cost peanuts.
3. Assets are assets, F1 are not the only people who could make use of them, and the climate will change again.
4. Who knows..
5. Who knows..

The point is paying redundancies, mothballing the assets, paying off sponsors will still be less than competing one season in F1... even if it was equal, BMW are no longer tied to competing to 2012 so will still be saving money long term.
anatmob is offline



Reply to Thread New Thread

« Previous Thread | Next Thread »

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

All times are GMT +1. The time now is 11:55 PM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.6.0 PL2
Design & Developed by Amodity.com
Copyright© Amodity