The Official F1 2023 silly season *contains speculation*

The Official F1 2023 silly season *contains speculation*

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Discussion

TheDeuce

21,716 posts

67 months

Wednesday 14th December 2022
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vaud said:
TheDeuce said:
And these days, F1 is seriously cheap and very good value for any global company in terms of coverage. I have no reason to give credence to rumours of their return but if it happened, I also wouldn't be at all surprised.
Even the key sponsorship for a team isn't that expensive these days. I saw a few propositions for midfield teams and it was very reasonable compared other sporting events.
That's what happens when the costs to run a team are stamped down during a period when viewership is increasing.

If I had the money to buy a team I would do so, without any ambition in terms of actual success at all. But of course buying a team is now stupidly expensive as no one wants to sell, because who would sell a guaranteed money maker?

Muzzer79

10,044 posts

188 months

Wednesday 14th December 2022
quotequote all
Leithen said:
vaud said:
ArnageWRC said:
Ford to F1.......ha ha; they can't afford a proper budget for the WRC.
They can afford it, they choose not to.

They spend $7bn a year on R&D and $3bn on advertising. A few hundred mill on F1 would be a rounding error.
They can't do hands off though. They have to interfere. Recipe for disaster. Look at Jaguar.
In fairness, they stay out of WRC quite effectively through M-Sport.

Different scale obviously and it’s only semi-works. But the deal with Red Bull also seems semi-works in that they just want to brand something.

If they went full on into a team, I’d agree and be worried but I think they’ve learned their lesson from that.

As for not being able to afford it….. rofl
You do realise who the 4th largest car company in the world is….right?

satfinal

2,622 posts

163 months

Wednesday 14th December 2022
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The cost is pretty irrelevant, it's the return.

I can't remember sources, but RBs two main sponsors Bybit and Oracle easily cover cost cap.

TheDeuce

21,716 posts

67 months

Wednesday 14th December 2022
quotequote all
satfinal said:
The cost is pretty irrelevant, it's the return.

I can't remember sources, but RBs two main sponsors Bybit and Oracle easily cover cost cap.
And the rest!

And the championship money...

They make a fortune out of F1 each season even before the value of RB brand promotion is factored in - which I'd confidently guess was itself worth more than the entire cost of running the team too.

No wonder Toto and Stroll moved to buy into team ownership, absolute no brainer. Poor Williams family missed out on these heady times as they tragically ran out of cashflow and had to sell just before the sport became a free dinner for all.


gt_12345

1,873 posts

36 months

Thursday 15th December 2022
quotequote all
Muzzer79 said:
Now rumours of a return for Ford, with Red Bull

https://www.motorsport.com/f1/news/ford-linked-ret...

This seems to be a similar tie in as was proposed with Porsche, but Ford will not want a stake in the team.

Rumours in here too of Honda supplying Alpha Tauri, maybe buying it
(I still maintain that having 2 x F1 teams was Mateschitz's folly and won't last now he's gone)

All this is rumours obviously, but I think shows how seriously F1 is being taken and, crucially, how commercially viable it is. Which is a great thing smile
I wish it was new teams though, rather than takeovers/buy-ins.

talksthetorque

10,815 posts

136 months

Thursday 15th December 2022
quotequote all
TheDeuce said:
Fords most famous moments in motorsport are mostly a result of them getting beaten...
<cough> Le Mans </cough>
But yes, Horner and Marko I belive have shares in RBR so they don't want to dilute their cash cow, which I believe is why the Porsche deal fell through.

For balance, Horner says it was about being able to make quick decisions. ( source) https://www.youtube.com/watch?v=FR570m_YzNg (also available on a podcast if you have a long sit in some traffic)

vaud

Original Poster:

50,599 posts

156 months

Thursday 15th December 2022
quotequote all
talksthetorque said:
<cough> Le Mans </cough>
But yes, Horner and Marko I belive have shares in RBR so they don't want to dilute their cash cow, which I believe is why the Porsche deal fell through.
I thought Porsche wanted control?

ralphrj

3,533 posts

192 months

Thursday 15th December 2022
quotequote all
talksthetorque said:
But yes, Horner and Marko I belive have shares in RBR so they don't want to dilute their cash cow, which I believe is why the Porsche deal fell through.
They may have a significant say in the matter and may also have some sort of contractual entitlement to a share of the proceeds if Red Bull were to sell up. However, they don't have shares in the team. Red Bull Racing Limited is 100% owned by Red Bull Technology Limited which is 100% owned by Red Bull GmbH.

ArnageWRC

2,066 posts

160 months

Thursday 15th December 2022
quotequote all
vaud said:
ArnageWRC said:
Ford to F1.......ha ha; they can't afford a proper budget for the WRC.
They can afford it, they choose not to.

They spend $7bn a year on R&D and $3bn on advertising. A few hundred mill on F1 would be a rounding error.
I'll believe it when I see it.....

andburg

7,296 posts

170 months

Thursday 15th December 2022
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ArnageWRC said:
I'll believe it when I see it.....
some are missing the point

this isnt to run a team, this rumour is to get involved with PU development and manufacture which is outside the cost cap.

MustangGT

11,641 posts

281 months

Thursday 15th December 2022
quotequote all
ralphrj said:
talksthetorque said:
But yes, Horner and Marko I belive have shares in RBR so they don't want to dilute their cash cow, which I believe is why the Porsche deal fell through.
They may have a significant say in the matter and may also have some sort of contractual entitlement to a share of the proceeds if Red Bull were to sell up. However, they don't have shares in the team. Red Bull Racing Limited is 100% owned by Red Bull Technology Limited which is 100% owned by Red Bull GmbH.
I believe DM personally owned between 25-50% of the shares in RBT Ltd, similarly with Red Bull Advanced Technologies Ltd.

Diderot

7,330 posts

193 months

Thursday 15th December 2022
quotequote all
Mick confirmed as Merc reserve driver for 2023.

LosingGrip

7,822 posts

160 months

Thursday 15th December 2022
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I’m pleased! Hopefully he’ll get a chance for a race or two as well.

PhilAsia

3,825 posts

76 months

Thursday 15th December 2022
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F20CN16 said:
Another crap Ferrari decision that’ll be someone elses gain. Great news for Mick.
He is a slow starter, so expect Mick to be up to speed on the sim in 2026 smile

C Lee Farquar

4,069 posts

217 months

Thursday 15th December 2022
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MustangGT said:
I believe DM personally owned between 25-50% of the shares in RBT Ltd, similarly with Red Bull Advanced Technologies Ltd.
Companies House seems to confirm what Ralph says.

Interestingly they seem to be making less profit now there is a cost cap.

thegreenhell

15,404 posts

220 months

Thursday 15th December 2022
quotequote all
C Lee Farquar said:
MustangGT said:
I believe DM personally owned between 25-50% of the shares in RBT Ltd, similarly with Red Bull Advanced Technologies Ltd.
Companies House seems to confirm what Ralph says.
It seems to confirm what MustangGT said, although it's obviously out of date now since DM's passing. I don't know what happens to his shares now.
https://find-and-update.company-information.servic...

C Lee Farquar said:
Interestingly they seem to be making less profit now there is a cost cap.
Their catering bill has gone up.

MissChief

7,113 posts

169 months

Thursday 15th December 2022
quotequote all
thegreenhell said:
C Lee Farquar said:
MustangGT said:
I believe DM personally owned between 25-50% of the shares in RBT Ltd, similarly with Red Bull Advanced Technologies Ltd.
Companies House seems to confirm what Ralph says.
It seems to confirm what MustangGT said, although it's obviously out of date now since DM's passing. I don't know what happens to his shares now.
https://find-and-update.company-information.servic...

C Lee Farquar said:
Interestingly they seem to be making less profit now there is a cost cap.
Their catering bill has gone up.
biglaugh

Muzzer79

10,044 posts

188 months

Thursday 15th December 2022
quotequote all
Diderot said:
Mick confirmed as Merc reserve driver for 2023.
Meh, I'm not convinced.

I think it's a bit of an emotional decision on Mercedes' part, due to their links with Michael Sr.

If Mick had 'it' we'd have seen 'it' by now, relatively speaking.

If something did happen that meant either George or Lewis couldn't race next year, certainly if it was for more than a one-off, I'd be surprised if Mick was in the car unless it was at the end of the season with little to play for.

Mick's future is in endurance racing, I think.

satfinal

2,622 posts

163 months

Thursday 15th December 2022
quotequote all
Me thinks that with Audi coming back, Merc want to position themselves wanting the German fans back before Audi sucks them all up. Mick is step 1. Merc is a very un-German, German team.

Muzzer79 said:
Mick's future is in endurance racing, I think.


drunk


Edited by satfinal on Thursday 15th December 13:39

Petrus1983

8,759 posts

163 months

Thursday 15th December 2022
quotequote all
Muzzer79 said:
Meh, I'm not convinced.

I think it's a bit of an emotional decision on Mercedes' part, due to their links with Michael Sr.

If Mick had 'it' we'd have seen 'it' by now, relatively speaking.

If something did happen that meant either George or Lewis couldn't race next year, certainly if it was for more than a one-off, I'd be surprised if Mick was in the car unless it was at the end of the season with little to play for.

Mick's future is in endurance racing, I think.
Whilst overall I agree with you, it’s also nice to see a TP say something along the lines of “Mick deserves to be in F1” and then do something about it. And his surname has kudos at promo events - just as Bruno Senna does at Goodwood etc. Mick seems like a nice guy - just as Bruno is- so if that allows him to stay around F1 then fair play to him.