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View Full Version : F1's value at $9.1 BILLION


anthonyvop
18th June 2012, 03:19
Thats a lot of Mullah!!!

CVC Sells $500 Million Formula One Stake to Waddell & Reed - Bloomberg (http://www.bloomberg.com/news/2012-06-16/cvc-sells-500-million-stake-in-formula-one-to-waddell-reed.html)
driveace
18th June 2012, 18:49
It's worth zilch if all the teams decide to leave,and that's why Bernie must keep them all happy ,and onside !
Malbec
20th June 2012, 21:18
It's worth zilch if all the teams decide to leave

Seems a lot of money for an entity that has next to no physical assets and is only worth the contracts its currently signed up to which are almost all due to one man, Bernie. Given how old he is I would have thought investors would be more careful agreeing to such a high valuation of the sport...
ioan
21st June 2012, 00:48
Thats a lot of Mullah!!!

CVC Sells $500 Million Formula One Stake to Waddell & Reed - Bloomberg (http://www.bloomberg.com/news/2012-06-16/cvc-sells-500-million-stake-in-formula-one-to-waddell-reed.html)

Another bubble that's about to burst.
Why do you think that CVC are getting rid of as much as they can?
anthonyvop
21st June 2012, 17:48
Another bubble that's about to burst.


Been hearing that since the 1980's

Have anything to back up that assertion?
ioan
21st June 2012, 18:01
Been hearing that since the 1980's

Have anything to back up that assertion?

How about reality?! :laugh:
anthonyvop
25th June 2012, 01:47
How about reality?! :laugh:


Present your reality!

In my reality F1 is the single most watched and popular sporting series/league on the Planet! With no letup in site!

Considering Europe's current economic situation Bernie's move for more races out of Europe was sheer genius.