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30 Jul 2006, 10:23 (Ref:1667692) | #1 | |
Racer
Join Date: Feb 2005
Posts: 107
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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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31 Jul 2006, 23:28 (Ref:1669473) | #2 | ||
Race Official
1% Club
Join Date: Dec 2002
Posts: 47,174
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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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Go woke, Go broke… Here’s hoping a random universe works out in your favour… The meaning of life… ENJOYING THE PASSAGE OF TIME! #CANCERSUCKS |
1 Aug 2006, 08:37 (Ref:1669689) | #3 | |||
Veteran
Join Date: Aug 2004
Posts: 3,546
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yes, but....
Quote:
Surley the Magic GTR style can let us know who owns VESA fka AVESCO ? |
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more torque than a climate change conference |
1 Aug 2006, 09:28 (Ref:1669727) | #4 | |
Veteran
Join Date: May 2004
Posts: 16,040
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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 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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1 Aug 2006, 10:16 (Ref:1669763) | #5 | |||
Veteran
Join Date: Aug 2004
Posts: 3,546
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VESA shareholdings
Quote:
Is it related, i.e buy the franchise gets the shares? |
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more torque than a climate change conference |
1 Aug 2006, 10:45 (Ref:1669797) | #6 | |
Veteran
Join Date: May 2004
Posts: 16,040
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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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1 Aug 2006, 17:26 (Ref:1670139) | #7 | ||
Racer
Join Date: Aug 2003
Posts: 295
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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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1 Aug 2006, 21:28 (Ref:1670390) | #8 | ||
Veteran
Join Date: Jul 2002
Posts: 1,994
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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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Succes is a result of judgment,that is inturn a result of experience that has come from instances of bad judgment. "Montoya made some last minute changes to his suspension but it seemed to effect it's handling"-Classic |
2 Aug 2006, 06:04 (Ref:1670574) | #9 | |||
Race Official
1% Club
Join Date: Dec 2002
Posts: 47,174
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Quote:
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__________________
Go woke, Go broke… Here’s hoping a random universe works out in your favour… The meaning of life… ENJOYING THE PASSAGE OF TIME! #CANCERSUCKS |
2 Aug 2006, 11:16 (Ref:1670809) | #10 | ||
Veteran
Join Date: Feb 2005
Posts: 1,940
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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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HSV - Sideways cars from an upside down country. |
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