For the following year, I think. Remmeber when BMW pulled out and Sauber saved it? after 2009. Peter Sauber had to pull strings to Keep his team’s winnings from last year. Equally remember when Renault pulled out in 2010? Then 2011 Genii maintained the Renault name to keep the team winnings, before formally addressing the name change paperwork in 2011 to contest 2012 as Lotus
The announcement of the sale of the team within 2 days of LibertyF1 announcing that all teams have signed the new Concorde Agreement, in my opinion, was not a coincidence. I suspect the deal was agreed a while ago, but Dorilton wanted to make sure that (a) there would be a commercial agreement in place that they regarded as equitable, and (b) that they would continue to get the money that Williams was due under the existing agreements.
He could certainly afford to buy the team outright...that would be amusing, Bernie coming back as a team owner. But I could not see Liberty agreeing to that. Why would they invite the fox back into the henhouse?Badgers1234 wrote: ↑22 Aug 2020, 15:54So the fund is called BCE ltd, I can’t believe no one has drawn the link that BCE is also Bernies initials.... it wouldn’t shock me he has been wheeling and dealing behind the scenes!
I think Bernie has already made all the easy gains available. Would he come back into F1? I can not see it.gshevlin wrote: ↑22 Aug 2020, 18:31He could certainly afford to buy the team outright...that would be amusing, Bernie coming back as a team owner. But I could not see Liberty agreeing to that. Why would they invite the fox back into the henhouse?Badgers1234 wrote: ↑22 Aug 2020, 15:54So the fund is called BCE ltd, I can’t believe no one has drawn the link that BCE is also Bernies initials.... it wouldn’t shock me he has been wheeling and dealing behind the scenes!
Bad boss?
Yep...but bankrupting venues right and left,nixing established tracks for new ones located in countries with highly questionable human rights records, creating an atmosphere catering to the uber rich/elite. "Successful"...yes, but as a motorsport fan, I will stand by my original adjective.
I understand. It takes a ruthless personality to forge steel from iron. And those people are extremely rare.Scorpaguy wrote: ↑23 Aug 2020, 04:29Yep...but bankrupting venues right and left,nixing established tracks for new ones located in countries with highly questionable human rights records, creating an atmosphere catering to the uber rich/elite. "Successful"...yes, but as a motorsport fan, I will stand by my original adjective.
Yes, but there is apparently a gentleman's agreement with the other teams & FIA so that "dba" name changes are allowed. Think Toro Rosa changing to Alpha Tauri. But the underlying registration paperwork with Williams will still probably always be done with the original Williams name and company number regardless of new public-persona team names. In a similar manner I think Mercedes, of course, does business as "Mercedes" or "Mercedes Petronas" or whatever, but they still technically register in F1 every year with the Tyrell name and company number.
you sure? would love to see something like that on paper tbh.
Not sure, but I believe correct. I think I read this info from a guy named Forrest Bond who ran a website (and fax line) called RaceFax.com. It's since gone out of business and I believe Forrest Bond is no longer active. Anyway, he claimed that at one point someone anonymously mailed him a copy of the then-current Concorde Agreement, plus he was more of an old-school journalist who focused on verified info rather than the repeat-what-you-hear types out there on the web now (yes, I realize I'm being a repeat-what-I-hear source).
