IMHO Bernie is very, very clever
IMHO Bernie is very, very clever
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skeggysteve

Original Poster:

5,724 posts

246 months

Thursday 19th February 2009
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http://www.autosport.com/news/report.php/id/73357

I know there is a Branson thread running but I wanted to highlight this.

The media has been full of Branson buying Honda but as we know it's just speculation.

So Autosport run this story, linked above, call me a cynic but my take on it is that Bernie is playing a very clever game.

10 Pence Short

32,880 posts

246 months

Thursday 19th February 2009
quotequote all
I don't see what is spectacularly clever about that? Just a fairly simple put up or shut up.

andyps

7,819 posts

311 months

Thursday 19th February 2009
quotequote all
Clever, or you could say devious. Keeps F1 in the news, which is what the commercial rights holder needs. Also great advance publicity for what could genuinely be the new owners of an F1 team, and helps show others that it isn't just a manufacturers game now.

Ecurie Ecosse

4,812 posts

247 months

Thursday 19th February 2009
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Yeah, I was musing over his divorce too. Inheritance tax mitigation perhaps?

mattikake

5,116 posts

228 months

Thursday 19th February 2009
quotequote all
andyps said:
Clever, or you could say devious. Keeps F1 in the news, which is what the commercial rights holder needs. Also great advance publicity for what could genuinely be the new owners of an F1 team, and helps show others that it isn't just a manufacturers game now.


My thoughts exactly. Richard Branson is an important and influential figure to have attached to F1. And you wonder if a team would just be the start for such an entrepeneur...?

Chrisgr31

14,275 posts

284 months

Thursday 19th February 2009
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Ecurie Ecosse said:
Yeah, I was musing over his divorce too. Inheritance tax mitigation perhaps?
Strange that I was pondering exactly the same last week! Don't know enough about inheritance tax though. However if it was a way of him passing money on untaxed I wouldn't be surprised if he was using it.

nc107

484 posts

237 months

Friday 20th February 2009
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Also if he is able to gain an influence in a team (and maybe a financial stake ?) he will be able to frustrate the current FOTA love in, and maybe vote against asking for extra money from his other company. A cunning little fox !

motormania

1,143 posts

282 months

Friday 20th February 2009
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!!!!

This thread is a none starter!!!!!!