Quote:
Originally Posted by David70
I'm interested in hearing what the investment company bought it for and how they expect to turn a profit. Makes sense when you buy a team for your kid,you are a car manufacturer or even with Haas as the owner both promotes his brand and is directly involved in racing or even Red Bull where the largest benefit is promoting your prodcut but investment firms are normallly all about running the numbers and making an acceptable profit. Hard to make an F1 team a good investment with acceptable returns.
|
Looks like $152m per the F1 website and the Williams family seeing $112m after debts paid.