Has anyone ACTUALLY PAID MONEY to Caterham appeal?

Has anyone ACTUALLY PAID MONEY to Caterham appeal?

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BlimeyCharlie

Original Poster:

903 posts

142 months

Tuesday 18th November 2014
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Following on from my earlier requests on a similar thread, I thought it would just be far easier to ask the above million dollar question, pun intended.

Taken at face value, Caterham could not go racing without a £2,350,000.00 being raised, via 'Crowdfunding'.
Caterham are going racing.

Anyone on here paid?





BlimeyCharlie

Original Poster:

903 posts

142 months

Tuesday 18th November 2014
quotequote all
Save Ferris said:
I'm in for a fiver!
Nice one.
Still a minor shortfall though.

Anyone else contribute to the Caterham-a-thon, on what is one of the largest motoring/motorsport forums in the world?

Maybe Caterham have found some money down the back of a carbon fibre settee?



BlimeyCharlie

Original Poster:

903 posts

142 months

Friday 21st November 2014
quotequote all
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?





BlimeyCharlie

Original Poster:

903 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.