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Old 30 Jul 2006, 10:23 (Ref:1667692)   #1
Peter_Maxwwell
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Peter_Maxwwell should be qualifying in the top 10 on the grid
Level 1, 2 and 3 Licenses

Anyone know what prices license owners are asking for level 1, 2 and 3??? I have heard that level 1's can command up to 1.5 million... So what does a level 2 or 3 go for?
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Old 31 Jul 2006, 23:28 (Ref:1669473)   #2
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Allegedly.....

L1 = $1.5m per franchise licence slot (as per last trade)
L2 = $850k per franchise licence slot (as per last trade)
L3 = $0k... anyone can get one if they buy an annual licence from TEGA

Please note also that there are some optimists in the market suggesting that the $1.5m per L1 franchise licence slot is not a true reflection of value because of the enhanced TV deal on the #7 network....
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Old 1 Aug 2006, 08:37 (Ref:1669689)   #3
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yes, but....

Quote:
Originally Posted by GTRMagic
Allegedly.....

L1 = $1.5m per franchise licence slot (as per last trade)
L2 = $850k per franchise licence slot (as per last trade)
L3 = $0k... anyone can get one if they buy an annual licence from TEGA

Please note also that there are some optimists in the market suggesting that the $1.5m per L1 franchise licence slot is not a true reflection of value because of the enhanced TV deal on the #7 network....

Surley the Magic GTR style can let us know who owns VESA fka AVESCO ?
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Old 1 Aug 2006, 09:28 (Ref:1669727)   #4
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peckstar has a lot of promise if they can keep it on the circuit!
well the teams and TC and his friends own v8SA

one would thing with the increase revenue (half a mil plusl) from the tv rights and other related areas. that 1.5 mill would be a very good price for a L1

consider that you can buy a car run at the back have minimal costs if you are carful and probably do the year for around a mill or less, a few minor sponsors and you could make some good cash
mmm wonder if i should re mortgage the house
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Old 1 Aug 2006, 10:16 (Ref:1669763)   #5
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VESA shareholdings

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well the teams and TC and his friends own v8SA

one would thing with the increase revenue (half a mil plusl) from the tv rights and other related areas. that 1.5 mill would be a very good price for a L1
& the relativity of a L1/2/3 licence with VESA shareholding is ???

Is it related, i.e buy the franchise gets the shares?
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Old 1 Aug 2006, 10:45 (Ref:1669797)   #6
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peckstar has a lot of promise if they can keep it on the circuit!
l2 has a share in some way. level 3 does not

level 2 has some say in the running of the series and some votes

L1&2 gurantee you a spot in the main game
L3 doe not (but you can drive, subject to TEGA approval)
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Old 1 Aug 2006, 17:26 (Ref:1670139)   #7
Tony C
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Not sure about the current situation but when the system was started level 1 received dividends from profits, level 2 did not. Reportedly $1 million a year as of 2-3 years ago.
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Old 1 Aug 2006, 21:28 (Ref:1670390)   #8
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Does anyone know what sort of a profit Skaife and the Kellys made on there 2 year investment in some franchises and stock ??

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Old 2 Aug 2006, 06:04 (Ref:1670574)   #9
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Does anyone know what sort of a profit Skaife and the Kellys made on there 2 year investment in some franchises and stock ??

They (Mr Skaife & Mr Kelly) still own the licences dont they? That is where the money comes from... although I would imagine that this income might wander back to GMAC somehow or other?
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Old 2 Aug 2006, 11:16 (Ref:1670809)   #10
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I think I'd like to finance my new VE on a similar sort of plan to what Skaifey probably has....
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