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18th October 2010, 16:40
Juha_Koo

Quote:

Originally Posted by Kaffi

Jouhki's money comes from shipping vessel company(cargo ships and stuff), and other companies. I believe his family is richest in Finland. He himself is apparently not caring so much about the family business, as he likes to play the driver's manager. He seems to have a brother taking care of the family business (not sure exactly).

I don't know really about his profits on driver's contracts. I have heard at the time that he gets back 40% of his drivers salaries once they start earning money.
At the moment he has probably started earning money back from his two latest drivers.

Actually a very very small amount of Jouhki's money comes from shipping industry... He has made his fortune by investing and by other means on financial market (trusts, major stock exhchange stuff etc.). Jouhki family has been involved in forest industry, real estate stuff, biomedicine industry, and all kinds of technology business. You're right about the scheme though - the main player in the family businesses is in fact his brother.

They are most definately not the richest family in Finland. They might just fit to TOP 20 nowdays... Back in 2006 the family had a net revenue of 57 million euros. For comparison the richest family in Finland, the Erkko media mogul family had a net revenue of around 3 billion euros..!

In 2008 Jouhki told in an in-depth interview that managering is just a hobby for him. He said that he couldn't do it without the wealth gotten from other sources. He has had some business schemes but he says that the results for him from the managering are pretty much + - 0 euros... For example he never took any money from Juha Kankkunen because of excellent sponsor (and car) deals which he negotiated.

You also didn't told the whole story regarding the Hirvonen/Subaru deal. Prodrive wanted McRae badly for their team (mainly because of his nationality - same with the team), but the Japanese directors back at Subaru weren't really happy - because he was a very expensive driver. So Jouhki and Tommi helped Hirvonen to Subaru. By appointing Hirvonen to the team Subaru guys saved a lot of $$ and everyone except Prodrive/Richards were happy. Hirvonen never got nearly any support from Prodrive and we all know the results...

Leon asked about British drivers that Jouhki had looked into. These were Wilks and Meeke. But they never passed Jouhki's rigorous mental tests which he conducts to his rally proteges and brokers with the help of one of the Finland's leading (sport/society)psychologist Seppo Heino.

Yes, Jouhki might be a very tough businessman - even harsh at times. But then again, motorsport, like any other sport, is run by MONEY. Money, money, money. You just can't escape the fact. Personally I admire mr. Jouhki very much. He has been one of Finland's key figures in the rallying scene for many decades now and I'm deeply grateful to him because he has invested sh*tloads of his own money to help young Finnish guys to climb to the top.
18th October 2010, 16:43
serial jeff

Motorsport has always been about money. Like it or not, it takes a lot of money to build and race these expensive machines.

Also, I have a hard time taking a post seriously when every other proper noun is written in ALL CAPITAL LETTERS.
18th October 2010, 17:05
dimviii

Nice thread lads.
Very good unknown(for me) stories from backstages.
keep em going :)
18th October 2010, 17:49

Quote:

Originally Posted by Juha_Koo

Actually a very very small amount of Jouhki's money comes from shipping industry... He has made his fortune by investing and by other means on financial market (trusts, major stock exhchange stuff etc.). Jouhki family has been involved in forest industry, real estate stuff, biomedicine industry, and all kinds of technology business. You're right about the scheme though - the main player in the family businesses is in fact his brother.

They are most definately not the richest family in Finland. They might just fit to TOP 20 nowdays... Back in 2006 the family had a net revenue of 57 million euros. For comparison the richest family in Finland, the Erkko media mogul family had a net revenue of around 3 billion euros..!

In 2008 Jouhki told in an in-depth interview that managering is just a hobby for him. He said that he couldn't do it without the wealth gotten from other sources. He has had some business schemes but he says that the results for him from the managering are pretty much + - 0 euros... For example he never took any money from Juha Kankkunen because of excellent sponsor (and car) deals which he negotiated.

You also didn't told the whole story regarding the Hirvonen/Subaru deal. Prodrive wanted McRae badly for their team (mainly because of his nationality - same with the team), but the Japanese directors back at Subaru weren't really happy - because he was a very expensive driver. So Jouhki and Tommi helped Hirvonen to Subaru. By appointing Hirvonen to the team Subaru guys saved a lot of $$ and everyone except Prodrive/Richards were happy. Hirvonen never got nearly any support from Prodrive and we all know the results...

Leon asked about British drivers that Jouhki had looked into. These were Wilks and Meeke. But they never passed Jouhki's rigorous mental tests which he conducts to his rally proteges and brokers with the help of one of the Finland's leading (sport/society)psychologist Seppo Heino.

Yes, Jouhki might be a very tough businessman - even harsh at times. But then again, motorsport, like any other sport, is run by MONEY. Money, money, money. You just can't escape the fact. Personally I admire mr. Jouhki very much. He has been one of Finland's key figures in the rallying scene for many decades now and I'm deeply grateful to him because he has invested sh*tloads of his own money to help young Finnish guys to climb to the top.

Thanks for the corrections and additional info. very interesting stuff i didn't know. :)
18th October 2010, 18:07
ProRally

Quote:

Originally Posted by serial jeff

Motorsport has always been about money. Like it or not, it takes a lot of money to build and race these expensive machines.

Also, I have a hard time taking a post seriously when every other proper noun is written in ALL CAPITAL LETTERS.

Lot of people on this forum are NON english speaking, so I am happy to read everything. Errors , typo's and even capital letters :D :D :D
18th October 2010, 18:17

Quote:

Originally Posted by ProRally

Lot of people on this forum are NON english speaking, so I am happy to read everything. Errors , typo's and even capital letters :D :D :D

;)
18th October 2010, 21:02
Barreis

I'm glad that somebody wrote all this stuff..
18th October 2010, 21:26
Tomi

Quote:

Originally Posted by Macd

McRae was lined up for the 2004 Subaru seat and in an interveiw at the time he said that he thought he had got the drive and so did DR. So clearly some money was passed around at that time..

How could DR think that, when he knew he did not have the money needed to pay McRae, and Subaru was not going to pay?
18th October 2010, 21:30
Tomi

Quote:

Originally Posted by Kaffi

Over the years KANKKUNEN, ROVANPERA, MAKINEN, MIKKOLA, GARDEMEISTER, LATVALA, HIRVONEN have all been supported by JOUHKI, and in some cases have only managed to survive thanks to his cash, to the detriment of some other poor blokes who should have had their chance too.

And who are theese other blokes who should have had their chance?
18th October 2010, 21:42

Quote:

Originally Posted by MJW

Dont underestimate Juokhi, his influences go back a long time, it was Timo Juohki's father who gave Hannu Mikkola a start, along long time ago.

Absolutely agree on that. Jouhki's arm is very long, he is powerful man in rallysport. The guy knows all the ropes and what not to do, knows how to get his drivers the best cars, and has the cash on hand to push his driver through the deal when needed.

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