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Author Topic: Bad news for Lance  (Read 2173 times)

Offline Dare

Bad news for Lance
« on: November 16, 2023, 09:45:46 PM »
« Last Edit: November 17, 2023, 02:16:15 PM by Dare »
Logged


Mark Twain once opined, "it's easier to con someone than to convince them they've been conned."

Offline Jericoke

Re: Bad new for Lance
« Reply #1 on: November 17, 2023, 12:58:58 PM »
Quote from: Dare on November 16, 2023, 09:45:46 PM
Wonder how the Aston Martin sale affects Lance's drive

https://www.gptoday.com/details/view/916922/Stroll_sells_Aston_Martin_F1_team_shares_to_Arctos_/

I would imagine it's the end for Lance's F1 career.  I've seen online pundits suggest he would do well in other categories, which Lawrence as the owner of Aston Martin the car company would still be able to back.

My question is 'why'.  Has he gotten a return on investment?  Does he need cash flow for another venture?  Does he figure a billion is plenty and just walk away from the crazy world of making money?  Or... does he feel like F1 has hit its peak?  Is Las Vegas going to bring F1 down a peg?  Is Andretti Cadillac really going to devalue existing teams?  Or is this a Bernie style divestment where he knows the AM team will struggle with their new facility for a season or two, giving him a chance to buy back in at a discount?
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Offline Dare

Re: Bad news for Lance
« Reply #2 on: November 17, 2023, 02:17:17 PM »
The funny world of F1. Just last week I saw a
article that Lance was returning next year.
Logged
Mark Twain once opined, "it's easier to con someone than to convince them they've been conned."

Offline cosworth151

Re: Bad news for Lance
« Reply #3 on: November 17, 2023, 03:52:42 PM »
Niki Massivespin revisited.
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