Lewis Hamilton (Vol. 2)
Discussion
Muzzer79 said:
Can we all just post random rubbish that doesn't make any sense, or is this privilege just reserved for you?
Mercedes are getting Ferrari engines and Red Bulls floors for the next race.My mate Daz told me and he knows because his sister went out with a lad who used to work at Silverstone.
LH has officially bought into the The Denver Broncos (part of the “ownership group”). I seem to recall this was spoken about some time ago (maybe on here?). Is it just a place to park money ie purely an investment vehicle although (rich people) might claim otherwise?
https://mobile.twitter.com/JoePompliano/status/155...
https://mobile.twitter.com/JoePompliano/status/155...
CoolHands said:
LH has officially bought into the The Denver Broncos (part of the “ownership group”). I seem to recall this was spoken about some time ago (maybe on here?). Is it just a place to park money ie purely an investment vehicle although (rich people) might claim otherwise?
https://mobile.twitter.com/JoePompliano/status/155...
Much like charitable donations that can be written off at tax time, sports team ownership brings tax benefits.https://mobile.twitter.com/JoePompliano/status/155...
Ownership of teams (and the associated players contracts, stadiums, rights, etc) in the majority of cases here are considered “intangible assets” and can be written-off over a 15-year period.
GCH said:
Much like charitable donations that can be written off at tax time, sports team ownership brings tax benefits.
Ownership of teams (and the associated players contracts, stadiums, rights, etc) in the majority of cases here are considered “intangible assets” and can be written-off over a 15-year period.
This is quite a well-placed group and the tab is $4.5 billion of the team. Rob Walton of Walmart has personally put up $1.5 billion, so I would expect they will want a significant return.Ownership of teams (and the associated players contracts, stadiums, rights, etc) in the majority of cases here are considered “intangible assets” and can be written-off over a 15-year period.
Pflanzgarten said:
Fantastic, we will really miss him when he’s gone. Pflanzgarten said:
It's a great interview, typical though that from that entire interview the takeaway for most media outlets is 'Hamilton turns down role in Top Gun'.ch37 said:
Pflanzgarten said:
It's a great interview, typical though that from that entire interview the takeaway for most media outlets is 'Hamilton turns down role in Top Gun'.Edited by mattyn1 on Wednesday 10th August 06:29
InformationSuperHighway said:
Pflanzgarten said:
Fantastic, we will really miss him when he’s gone. I though he was extremely honest about himself there. I get his drive to help disadvantaged drivers into the sport. I just hope he means disadvantaged by race, sex and also class. To my mind there’s a lot of talent goes to waste for lack of opportunity.
What, you mean kids who AREN'T the offspring of millionaires and billionaires can compete in F1? If you look at football, which has probably the greatest talent pool of any sport to pick from, how many top flight players are the offspring of other top flight players. In F1, it seems the most secure route in.
Well, Formula 1 is the equivalent of a single team in the Premier League, like Formula 2 is the equivalent of one team in the Championship, etc, so the analogy doesn't really work in my opinion.
When you've got however many drivers up and down the country (and worldwide) competing to get into that one "team", you bet money is going to play a part.
When you've got however many drivers up and down the country (and worldwide) competing to get into that one "team", you bet money is going to play a part.
Big Hammett said:
What, you mean kids who AREN'T the offspring of millionaires and billionaires can compete in F1? If you look at football, which has probably the greatest talent pool of any sport to pick from, how many top flight players are the offspring of other top flight players. In F1, it seems the most secure route in.
Wealthy, time-rich parents with extensive sponsorship connections and industry contacts and a reasonable chance of bringing up a child heavily interested in motorsport.Swap motorsport for football and that still works. Whilst not motorsport levels of costs, the commitment from parents to support them to that level is pretty extensive and beyond many unless they are the 0.0001% who already appear to be truly special. My nephew is on the books of a Championship club, it's all consuming in terms of costs and particuarly time (particuarly here in the South West, where everything is far away!) I'd be interested to know how many professional footballers are from rural areas.
Opportunities to drive karts are vanishingly small for the majority of the population, but I don't think it's unreasonable for somebody to want to try and bring under-represented people into motorsport.
General Price said:
Muzzer79 said:
Can we all just post random rubbish that doesn't make any sense, or is this privilege just reserved for you?
Mercedes are getting Ferrari engines and Red Bulls floors for the next race.My mate Daz told me and he knows because his sister went out with a lad who used to work at Silverstone.
Just like, you always get the best tips at the horse racing from the bloke behind the bar in the VIP area
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