Chinese Trying to Buy F1

China Media Capital has made a $8.5 Billion bid to buy Formula 1:

Chinese Eye Biggest F1 Stake In $8.5bn Bid

 

I welcome that.

 

Well if their bid falls through, they can always do knock offs! LOL

 

I'm not surprised, the Chinese will buy anything that's making money

 

Can the mods move this thread to the business section where it belongs.

 

Why does this topic belong in the business section..?

 

Because it's about business not sport.

 

In that case, the whole F1 section should be in the business section, because it has stopped being a sport some time ago, wouldn't you say?

Fchat never put threads related to Ecclestone, FOM, CVC and else in the business section; they are more or less the owners, organisers of F1. Now a Chinese group may want to bid for that. I don't think they can do a worse job, frankly.

 

There's a lot of truth to that.
Usually threads that discuss the business end of things do so in the context of how they effect the sport.

 

Not so sure the Chinese are the best to manage it, but then again, the way it's going, they couldn't do much worse! At least in China they have the need for speed and a fascination for all things exotic, maybe we will get our engines back and real races

 

Who are "The Chinese"?

 

They would probably not manage it, but put someone of their choice in charge.

 

Exactly, judging their ways in other sports (football/soccer for instance). They haven't got a clue.

 

Max, call your office....

 

Various individuals or groups of people associated with China , either by reason of ancestry or heredity, nationality , citizenship , place of residence or other affiliations.

 

Thanks.


A lot.

 

I sincerely don't care if Chinese, Australians, Americans or Indians buy it. As long it saves the sport from the crap it's already become..

 

Bernie got a new fishing hole

 

All I know is, I still feel hungry an Hour after eating one

 

Hypothetically

Assuming they do buy it, and it plays out anything like the Beijing Olympics, it could make future events boring.

 

New speculations: Lauda to replace Ecclestone...
Report: Niki Lauda emerging as candidate to replace F1 boss Bernie Ecclestone | Autoweek

Looks like the silly season is looking for different things when the drivers moves are not interesting enough....

 

I am not looking forwards to that.

I liked Nikki as a driver, but since, I find him somehow toxic everywhere he goes: Laudair, Jaguar, Mercedes and now FOM ?

He is far too bias to run the F1 organisation.

 

Look for the new Team Chery with cars made from fiber.