Has anyone ACTUALLY PAID MONEY to Caterham appeal?

Has anyone ACTUALLY PAID MONEY to Caterham appeal?

Author
Discussion

Munter

31,319 posts

241 months

Thursday 20th November 2014
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suffolk009 said:
To my amazement I've just seen a story that Bernie paid Caterham's travel costs.

"We've at least helped them to some degree, something we need not have done," Ecclestone added.

"We've even chartered another plane to take them [the staff].

"We've gone a little bit over the top, but anyway, we've done it."
Makes me think this is a race with a minimum cars figure in their contract and bernie needed cars to meet it.

rallycross

12,789 posts

237 months

Thursday 20th November 2014
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Munter said:
Makes me think this is a race with a minimum cars figure in their contract and bernie needed cars to meet it.
yes or maybe there is a threat from Lotus, Force India and Sauber not to race so he needed an extra couple of cars to fill the grid.

LimaDelta

6,520 posts

218 months

Thursday 20th November 2014
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Isn't Ferrari cowdsourced anyway? You know, via all the very tasteful merchandise they sell? Just another way to get the masses of fans to pay to watch I suppose.

bqf

2,226 posts

171 months

Thursday 20th November 2014
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Yes, I bought a wheel nut for £75. If the crowdfunding secures Caterhams future, it will have been a terrific success. Do we want F1 with Mercedes, Ferrari and McLaren only? It's only a matter of time before Red Bull stop racing - Mateschitz could lose interest at any point, or perhaps more significantly, people might stop buying Red Bull.

In fact whats keeping F1 going if it isn't fans, who cough millions every week to watch on TV, buy a whole heap of Ferrari/Mercedes/McLaren tat, or actually rock up to the races paying hundreds for an uncovered seat?

How is the crowdfunding any different?

andyps

7,817 posts

282 months

Thursday 20th November 2014
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suffolk009 said:
I've given them a tenner.

I wasn't going to, but then Horner said he thought it was "wrong, that it shouldn't be allowed". And Bernie started up about begging bowls and other tiresome out of date hyper-capitalist drivel.

So I figured if ten of my pounds helped irritate them, and maybe made them look silly then it would be worth it.

I understand how people feel about them making people redundant, and then going racing - but my guess is that if the team are still there in 2015, then some of them will be offered work.

I've also owned 3 Caterhams in the past and loved them. (and yes, I know the link is tenuous)
I gave a tenner too, and for exactly the same reasons (apart from owning a Caterham as I haven't done that). I figured it was a no lose situation - either I got my money back if they didn't get enough, or I put £10 towards p1ssing off Ecclestone and Horner - that is a bargain in my view.

MitchT

15,862 posts

209 months

Thursday 20th November 2014
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bqf said:
... people might stop buying Red Bull.
Amazed they ever started. Tastes like piss when you drink it, makes you feel like your blood pressure's going skyward just after you've drunk it and leaves you feeling spooked for 48 hours after you've stopped feeling like your blood vessels are bursting. Wonderful!

BlimeyCharlie

Original Poster:

902 posts

142 months

Friday 21st November 2014
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bqf said:
Yes, I bought a wheel nut for £75. If the crowdfunding secures Caterhams future, it will have been a terrific success. Do we want F1 with Mercedes, Ferrari and McLaren only? It's only a matter of time before Red Bull stop racing - Mateschitz could lose interest at any point, or perhaps more significantly, people might stop buying Red Bull.

In fact whats keeping F1 going if it isn't fans, who cough millions every week to watch on TV, buy a whole heap of Ferrari/Mercedes/McLaren tat, or actually rock up to the races paying hundreds for an uncovered seat?

How is the crowdfunding any different?
That is a very good question you've asked above, but it sounds a bit like tax, where you pay it on wages, then when you buy petrol, food, drink etc. Just another tax. Never seen a poor Formula 1 team owner either.

Being a cynical bod, and I did raise this elsewhere, is who keeps count of how much money is raised? And if there is not enough raised, but they still go racing, then that raises questions about the whole need to appeal via crowd funding in the first place.

What happens if too much money is/was raised? Does it go in the back pocket of somebody?

Assuming Bernie Ecclestone has waived the air freight costs for them (if/but/maybe) then what happens to the money raised for this element of the 'deal' by fans via crowd funding?

I am considering launching a crowd funding appeal for a holiday to somewhere hot, via British Airways. I need £2500.00 to pay for this or I won't go on my holiday. Oh dear.
British Airways then say they will let me off the £1000.00 for the air tickets, I can fly for free. Great news.

So what happens to this element of the money raised? The £1000.00? Do I give it back to everyone on a pro rata basis? Or just shut up and hope nobody notices?

To be honest nobody in the media, of any shape or form, tv or radio, written press etc, can either see a potential 'grey' area as highlighted above, or wants to ask the question.

Or do people take everything at face value?
Anyone else see what I'm getting at?





quizeye

9 posts

113 months

Saturday 22nd November 2014
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Quick question - and apologies if my comprehension of the posts above is lacking (it's early...)

Of those who have pledged money/bought stuff/whatever - has anyone actually had the money taken from your cards/accounts?

Ta.

andyps

7,817 posts

282 months

Saturday 22nd November 2014
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quizeye said:
Quick question - and apologies if my comprehension of the posts above is lacking (it's early...)

Of those who have pledged money/bought stuff/whatever - has anyone actually had the money taken from your cards/accounts?

Ta.
I haven't actually checked - I paid by credit card and the implication was that it would be taken and then reversed if they didn't meet the target.

quizeye

9 posts

113 months

Saturday 22nd November 2014
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andyps said:
I haven't actually checked - I paid by credit card and the implication was that it would be taken and then reversed if they didn't meet the target.
Well quite - but Finbarr The Principal says the money's been spent on turning up, even though the target hasn't been reached...

andyps

7,817 posts

282 months

Saturday 22nd November 2014
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quizeye said:
Well quite - but Finbarr The Principal says the money's been spent on turning up, even though the target hasn't been reached...
My donation was to help them get there and they have so I'm not worried about the target not being met. Hope they manage to finish the race now.

Chrisgr31

13,474 posts

255 months

Sunday 23rd November 2014
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I assume that they did effectively hit the target as presumably Will Stevens has paid then a significant amount to drive the car?

Must admits the Adminstrator has done well, never been to a Formula 1 race before, and the first race he goes to is as a team principap, with pit lane access etc. Imagine that as a competition prize, we'd all me in!

BlimeyCharlie

Original Poster:

902 posts

142 months

Wednesday 26th November 2014
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quizeye said:
andyps said:
I haven't actually checked - I paid by credit card and the implication was that it would be taken and then reversed if they didn't meet the target.
Well quite - but Finbarr The Principal says the money's been spent on turning up, even though the target hasn't been reached...
I'm glad someone else can see what I'm getting at. Funny how it all adds up exactly with not a drop to spare, or doesn't add up at all but they still go racing.
Maybe McLaren will launch a similar crowd funding appeal to pay the difference between what Button is asking (maybe) with what McLaren (maybe) say they will pay? Just a hypothetical situation.

Maybe Button could launch something himself, to enable him to go racing? Get fans to fund his racing by donating money? I'm not suggesting this is the sticking point, but what else could it be? And I'm using Button/McLaren as an example only.