2024 WRC News & Rumours

[pedro16]

https://www.reuters.com/sports/world...ay-2024-08-15/

That's some news...

"World Rally Championship promoter explores $550 million sale, sources say"

[skarderud]

Thats, quite some.
I love rally, but is wrc in todays stake actually worth this kind of money?
But, of course, it is ridicolus money for something extremely boring like fotball to....

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[Backa]

Thats, quite some.
I love rally, but is wrc in todays stake actually worth this kind of money?

Liberty Media bought controlling interest in F1 for $4.4 billion in 2016. That's $5.8 billion adjusting for inflation. 2016 was also before F1 get that solid increase in popularity and had few teams struggling to keep racing.

Promoter wanting 10% of that seems like ok deal and could be worthy for some company believing WRC has unfilled potential to grow.

[AndyRAC]

https://www.reuters.com/sports/world...ay-2024-08-15/

That's some news...

"World Rally Championship promoter explores $550 million sale, sources say"

Have they added a "0" by mistake........

Be careful what you wish for.......Liberty already own F1, and a stake in Dorna (MotoGP) .....

[rallyfiend]

More than 20 times EBITDA does indeed seem quite ambitious, depending on what sort of fixed contracts / commitments it has in its pocket.

But half that would not be so ambitious and still a LOT of money....

[Eli]

https://www.reuters.com/sports/world...ay-2024-08-15/

That's some news...

"World Rally Championship promoter explores $550 million sale, sources say"

Wow, just seen this now, is everyone there tired of the WRC??? I wonder what will happen to all the calendar deals made with the current promoter, I’m guessing that at least for the year of transition (or 2) they would be respected, but it’s going to be a whole different ball game.

[rallyfiend]

Wow, just seen this now, is everyone there tired of the WRC??? I wonder what will happen to all the calendar deals made with the current promoter, I’m guessing that at least for the year of transition (or 2) they would be respected, but it’s going to be a whole different ball game.

The contracts and the rights under them would transfer with the ownership of the company. That's completely normal.

[RS]

Will Red Bull want to keep propping up M-Sport if they no longer own the WRC rights?

[rallyfiend]

Will Red Bull want to keep propping up M-Sport if they no longer own the WRC rights?

They sponsored teams in the WRC long before they were Promoter - just as they do in basically every other motorsport series.....

[Eli]

The contracts and the rights under them would transfer with the ownership of the company. That's completely normal.

Okay, thanks for clarifying that, wasn’t sure.