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8 Aug 2024, 22:04 (Ref:4222202) | #501 | |||
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I read elsewhere on the interwebz that the timeline for these anti-trust investigations is at best something like this: 12 or so months of investigation, which MAY then lead to a court case that goes for another 12 months or so. That would get us to mid 2026 AT BEST before an outcome is known and I imagine is subject to appeal in any case. On that basis, having a Caddy power unit ready for 2028 seems ridiculously optimistic. Of course, FOM would be unlikely to accept an entry from an entity that it is in legal dispute with, so the result of going down the anti-trust route may well be to delay any possible entry for a number of years, maybe many years. Plus FOM might choose to accept a court decision in 2026 but offer entry with limited logistical resources, particularly around paddock space - essentially saying "we pointed out lack of paddock space at many circuits, so the Andretti entry is accepted on the basis of no motorhome and only 1 truck in the paddock until the paddocks can be enlarged in 3 year's time". Personally I think going the anti-trust route is likely to result in the wagons getting circled and timeline drawn out - might be another example of Andretti not taking the smartest approach. |
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8 Aug 2024, 23:21 (Ref:4222205) | #502 | ||
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The anti-trust investigation was coming.. from getting the politicians involved at various stages of the Andretti application and follow thru it was almost a given.
Good governance and a review of that governance on occasion is likely healthy, and something that may appease the mobs on the outside looking in at the machinations of a US listed public company. It is doubtful that anyone at Liberty or the teams shall enjoy the probe that may be coming up. Distracting, time consuming, expensive. Polarising. And likely learnings dilutive, now in costs, future for reputational impact whatever the outcome. Whatever the outcome, if anyone at Andretti thinks that trying to join a game by having questioned in public the bona fides of the players, the coaches and the owners and not have blowback on that… perhaps they might need to have a book and movie deal in place right now… it’s not likely anyone will want to play with them otherwise… Stupid thing is.. the effluent cannot now be put back into the horse. Even if Andretti got the opportunity and were able to agree terms to absorb Alpine or Haas.. the unwieldy giant of the US backbenchers looking to make a difference in the world has been woken.. and it might not be able to get them sleeping again. It is difficult to see GM wanting to be within a million miles of this.. |
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9 Aug 2024, 00:32 (Ref:4222209) | #503 | |||
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If what Mario alleged was said is true, then something has to give way. It's not over until the Fat Lady sings. Right now, she is probably busy composing music..... |
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9 Aug 2024, 02:16 (Ref:4222214) | #504 | ||
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A commercially aware person or group might just engage a third party partner management organisation to chase every single brand attached to the complaint’s sponsor portfolio, with the intention of perhaps poaching them and placing them at a preferred sports property for a commission, or to frighten them away completely.
There are a number of said partner management sharks in this country.. amd many are definitely capable and demonstrably effective at weakening the enemy by cutting off the vital cash flow to keep the dream alive. This assumes anyone in F1 is mercenary or vindictive of course…. |
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9 Aug 2024, 07:28 (Ref:4222228) | #505 | |
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Really F1 bought this on themselves. The fact they rejected a team that had more than enough credentials to make it in the sport, shows how out of touch some of those higher up in F1 are. Really I don't feel sorry for the sport about this investigation. F1 needs a reality check
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9 Aug 2024, 09:20 (Ref:4222243) | #506 | |
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It's almost as if somebody wants to write a book "How To Go The Wrong Way About Absolutely Everything."
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9 Aug 2024, 10:37 (Ref:4222251) | #507 | ||
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9 Aug 2024, 11:41 (Ref:4222257) | #508 | |
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9 Aug 2024, 12:00 (Ref:4222262) | #509 | |
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9 Aug 2024, 12:49 (Ref:4222264) | #510 | |
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I disagree with most off the comments as it seems to be accepted that Liberty are in a bombproof position with respect to their contract with the FIA.If found to be violating anti-trust legislation,what is to stop an organisation with access to the disruptors mentioned above from seeking to have the contract declared void and put out for tender again?It might appeal to the sort of company that boosted the profile of the championship as a result of their TV series to move up a notch and run the show.Or one of Mr Ecclestone's associates might step in.If the teams looked likely to receive more income as a result of any changes I expect their protestations would evaporate.
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9 Aug 2024, 13:09 (Ref:4222266) | #511 | ||
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Had Mr Ecclestone been in the big chair, Andretti might have joined the grid as Haas/Alpine/Toto Rosso and nobody would have seen the machinations behind the scenes.
Instead, the equivalent of a nuclear war may be imminent. |
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9 Aug 2024, 13:10 (Ref:4222267) | #512 | ||
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9 Aug 2024, 13:33 (Ref:4222270) | #513 | |||
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So... I can offer up a more serious comment on this other than poking fun at Peebee as he is buried deep in his bunker that is plastered all over with FOM/F1 stickers!
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As to the outcome of any anti-trust efforts. I guess at some level Andretti feels this might be applying pressure to get FOM to change course for them and GM (probably close to zero chance). However I tend to think it may be less about their entry than a combination of poking a finger in the eye of FOM and maybe... just maybe a tiny bit of altruism in making it easier and more fair for the next guy. Richard |
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9 Aug 2024, 17:12 (Ref:4222288) | #514 | |||
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Last edited by Tourer; 9 Aug 2024 at 17:35. |
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9 Aug 2024, 17:28 (Ref:4222290) | #515 | ||
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9 Aug 2024, 17:34 (Ref:4222292) | #516 | |||
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Just feels like Andretti has got it wrong somewhere (or everywhere) and part of that is likely to be the plan to run from the US with a satellite in the UK - bringing massive logistical challenges with it, and mirroring the approach that Michael Andretti took personally as a driver, which failed completely and also part of the reason that he isn't that well regarded in F1. I found the recent revelation that Hitech is in legal dispute with the FIA over its own failed bid for F1 entry really interesting, in that there has been NO public utterances nor announcements from Hitech about it, they are simply getting on with it. Given that FIA and FOM now both have legal challenges as a result of failed F1 entry bids, it's quite possible that the actions of both Hitech and Andretti may result in the door being firmly closed to even any suggestion of growing the grid in the future as both FIA and FOM may have a "once bitter, twice shy" view on opening entry applications again. |
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9 Aug 2024, 18:54 (Ref:4222299) | #517 | |||
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I think that GM's part in the initial stages of the partnership are probably just seed money to get the project off the ground. I believe I read that Andretti has already started property hunting or building over here in the UK for the F1 project, and I would imagine that finance for that may have come from GM. As to GM supply power units, I would imagine that, like any prospective new entry into F1, they have said that they will only supply Andretti initially until they know that they have a proven product. |
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9 Aug 2024, 19:12 (Ref:4222304) | #518 | ||
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The commercial rights holders simply cannot allow external investors, who are largely known, to come in with $500m and instantly have a $1bn asset. That would massively devalue the whole of F1 instantly and have enormous implications to the financing and leveraging of the business. If Andretti really wanted to enter F1 as a long-term sporting asset they would long ago have bought one of the teams that have, at various, and current, times been available. The Haas model, or similar, simply isn’t going to be allowed again under current circumstances, and the poor reading of the mood music from the outset has been consistent, which brings us back your point of arrogance. This is largely the simple truth of it, no matter what utter fantasy some others continue to want to write, write and write again, as if repeating nonsense somehow gives an element of making their nonsense reality. Last edited by peebee2; 9 Aug 2024 at 19:34. |
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9 Aug 2024, 19:28 (Ref:4222305) | #519 | ||||
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What I suspect you are talking about is that GM has no interest in providing F1 engines to ANYONE if Andretti is not in F1. F1 is not "entitled" or should expect GM to just provide engines because they were interested in doing so as part of a partnership with Andretti. Quote:
You and your girlfriend show up to the club and ask to come in. The bouncer looks you up and down and says he wouldn't give you the time of day, but looks at your girlfriend and says she looks mighty fine. That she needs to dump you as he can hook her up with some players inside. Assuming your girlfriend actually likes you, I can imagine she may not come away from that experience with a positive opinion of the club or it's bouncer. Richard |
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9 Aug 2024, 20:04 (Ref:4222311) | #520 | |||
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Richard |
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9 Aug 2024, 20:31 (Ref:4222317) | #521 | |
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Apologies everyone. I am in a bit of a mood today. When is the F1 summer break over?
Richard |
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9 Aug 2024, 22:35 (Ref:4222325) | #522 | |||
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Andretti has a premises in the UK already, made an announcement on it a couple of months ago. Agree with you on the likelihood of the GM approach, but of course (logically) from an anti-trust point of view, you would think that means that GM is not being denied participation in F1, but that GM is choosing to not participate, as it is only prepared to supply to a team with no entry. If GM was prepared to supply to Williams for example, then it seems to me that GM wouldn't have an anti-trust case at all. |
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9 Aug 2024, 22:52 (Ref:4222326) | #523 | ||
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Brum brum |
9 Aug 2024, 23:03 (Ref:4222327) | #524 | |||||
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By the time Andretti was being considered by FOM, the agreement with the French girl had lapsed, so she wasn't on Andretti's arm, and Miss GM was not ready, so Andretti was knocked back by the bouncer but told that once Miss GM was ready, he could come back. Of course, Miss GM, in the way of pretty girls at clubs the world over, would be let in by the bouncer at any time, either alone or on Andretti's arm. No apologies needed from my point of view Richard, but then being Australian, to foreign ears a discussion between us often sounds like an argument. Yeah - the summer break is dragging on, only 2 weeks since Spa, so we're only half way there. |
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9 Aug 2024, 23:17 (Ref:4222328) | #525 | ||
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I think we are at an impasse regarding the existence or not of an Andretti and GM partnership prior to 2028. All I can do is point to the joint statement from them both in 2023...
https://news.cadillac.com/newsroom.d...-andretti.html Quote:
Richard |
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