Can a F1 team make a profit.
Discussion
I know for the manufactor teams they can spend whatever it takes to win.its taken out of their marketing budget,is tax deductable and in the grand scheme of their companies a relatively small amount of money.
I know normally F1 teams spend all their money and some they dont have that leads to the problems faced by Murussia and Caterham,also probably Force India and Sauber are in the same boat.
Could Manor make a profit.I dont know how much the new owner spent buying the team but the two major creditors were probably Ferrari and McLaren,did they write off the deby.take a reduced payment or take a percentage ownership if the team say 5%
The new owner says the budget is 60-60 million and they will get half back from Bernie for the last two years results so that leaves 30 million.Some of the investors who considered buying Manor now are interested in investing with the team.
Could the new owner sell 50% of the team to a couple of interested new investors for say 20 million a so that would leave the new owner having 50% of the team and only having to find 10 million to reach the budget.
Then there is sponsorship and with Justin King I am sure he can find some good sponsors.I know there are not the sponsors about these days to spend say 50 million sponsoring a Fi team but there will be quite a few that could sponsor for say 5 million bearing in mind Manor will be thought as a success story and have plenty of coverage particularly in Australia.If they could get 4 sponsors that would be 20 million.Can they attract a good driver who has sponsorship budget of 10 million to bring to the table.
If they could get new investors on board and some good sponsors that would leave the team at the end of the year if they kept to their budget a profit of 20 million.
It sounds simple but could they really make 20 million or more profit.
I know normally F1 teams spend all their money and some they dont have that leads to the problems faced by Murussia and Caterham,also probably Force India and Sauber are in the same boat.
Could Manor make a profit.I dont know how much the new owner spent buying the team but the two major creditors were probably Ferrari and McLaren,did they write off the deby.take a reduced payment or take a percentage ownership if the team say 5%
The new owner says the budget is 60-60 million and they will get half back from Bernie for the last two years results so that leaves 30 million.Some of the investors who considered buying Manor now are interested in investing with the team.
Could the new owner sell 50% of the team to a couple of interested new investors for say 20 million a so that would leave the new owner having 50% of the team and only having to find 10 million to reach the budget.
Then there is sponsorship and with Justin King I am sure he can find some good sponsors.I know there are not the sponsors about these days to spend say 50 million sponsoring a Fi team but there will be quite a few that could sponsor for say 5 million bearing in mind Manor will be thought as a success story and have plenty of coverage particularly in Australia.If they could get 4 sponsors that would be 20 million.Can they attract a good driver who has sponsorship budget of 10 million to bring to the table.
If they could get new investors on board and some good sponsors that would leave the team at the end of the year if they kept to their budget a profit of 20 million.
It sounds simple but could they really make 20 million or more profit.
Edited by btcc123 on Thursday 5th March 19:15
Lets get the thread back on topic.
I am really looking at the smaller teams like Manor,Sauber,Force India and Lotus but the financial picture is a bit muddled with the last three teams as I an sure that are heavily in debt.
Manor are really starting from scratch financially and although the team is more or less the same as last year in my example on the first post do you think that they can make a profit,be sustainable and be on the grid for many years.
To get the speed and move up the grid its all depends the money but spending wisely,getting good sponsors and moving up the grid slowly can they still make a profit.
I am really looking at the smaller teams like Manor,Sauber,Force India and Lotus but the financial picture is a bit muddled with the last three teams as I an sure that are heavily in debt.
Manor are really starting from scratch financially and although the team is more or less the same as last year in my example on the first post do you think that they can make a profit,be sustainable and be on the grid for many years.
To get the speed and move up the grid its all depends the money but spending wisely,getting good sponsors and moving up the grid slowly can they still make a profit.
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