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Payment Structure

Discussion in 'F1' started by greyboxer, Nov 6, 2014.

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  1. IamRobG

    IamRobG F1 Rookie

    Jun 18, 2007
    4,092
    NY
    I think his biggest downfall is going to be Talent. Unless he finds a Ricciardo for cheap.

    I would drive it but, ya know, i'm busy with other things....
     
  2. william

    william Two Time F1 World Champ

    Jun 3, 2006
    27,871
    Formula 1: Where does all the money go?


    BBC Sport - Formula 1: Where does all the money go?


    "Fangio's state funding
    Argentine Juan Manuel Fangio was a five-time world champion in the 1950s, but he would probably never have made it to Europe without the backing of Juan Peron's government."





    This ground has already been covered, but I found it interesting to read that, just like Maldonado, Fangio himself started as a pay driver with state funding!
     
  3. william

    william Two Time F1 World Champ

    Jun 3, 2006
    27,871
    Unfamiliarity with single seater racing and most tracks, will be handicaps.

    The search for a strong technical team and an experienced driver will be the keeys to success.

    We also don't know how long the association with Ferrari will last.
     
  4. VIZSLA

    VIZSLA Four Time F1 World Champ
    Owner

    Jan 11, 2008
    41,692
    Sarasota
    Full Name:
    David
    Yup on both counts.

    They stand well equipped but its a very high mountain.

    I'd be more optimistic if anyone had made a go in F1 staring from scratch in the modern era, but ya never know.
     
  5. william

    william Two Time F1 World Champ

    Jun 3, 2006
    27,871

    Well, you had HTP, Manor-Virgin-Marussia and "Team Lotus" aka Caterham.

    I think before that we had Jordan.

    I hope Haas has a better fortune than those.
     
  6. VIZSLA

    VIZSLA Four Time F1 World Champ
    Owner

    Jan 11, 2008
    41,692
    Sarasota
    Full Name:
    David
    Who has the bigger fortune?
    Haas or Red Bull?

    RB is the only "new" team to have survived in the modern era.
     
  7. william

    william Two Time F1 World Champ

    Jun 3, 2006
    27,871

    But you know full well that Red Bull is only the rebadged Jaguar team, born Stewart.

    On top of my head, I would say that Mateschitz is wealthier than Gene Hass.

    These soft drink companies are like license to print money, and they are deeply in aggressive marketing and sponsorship to advertise their brands.

    Red Bull is involved in many sports: F1, GP2, motoGP1, MotoGP2, motoGP3, sailing, air racing, ballooning, off-shore racing, skying, bobsleigh, rallying, you name it, they are in.

    I doubt if Haas has that clout ...
     
  8. VIZSLA

    VIZSLA Four Time F1 World Champ
    Owner

    Jan 11, 2008
    41,692
    Sarasota
    Full Name:
    David
    Jaguar and Stewart were both less than successful. RB reinvented the team but did have more to work with than Haas will.

    I wish them well and look forward to seeing how they do.
     
  9. william

    william Two Time F1 World Champ

    Jun 3, 2006
    27,871

    I don't know what is wiser; buying an existing team and remodeling it or starting from scratch.

    Before, you could have said that any F1 team needed a base in Europe to operate from, but nowadays, with so many races in the Far and Middle East, the centre of gravity has moved.
     
  10. william

    william Two Time F1 World Champ

    Jun 3, 2006
    27,871

    If I remember rightly, Bobby Rahal was team principal at Jaguar, and Niki Lauda the chairman ...
     
  11. kylec

    kylec F1 Rookie

    Jun 9, 2005
    3,671
    Orlando
    You're a hoot.
    Red Bull pretty much bombed in NASCAR.
    We get it, you think HAAS will suck. We have a year and a half before we find out.
     
  12. william

    william Two Time F1 World Champ

    Jun 3, 2006
    27,871
    I don't know NASCAR enough to judge, but I presume that Red Bull was just a team sponsor here, and not the operator. Red Bull must have backed the wrong team.

    Don't be so defensive, I don't think Haas will suck at all; it's a professional outfit that has experience of racing in a competitive environment.
    But there is a mountain to climb there - starting a F1 team from scratch in the present circumstances, and far from the "F1 silicon valley" (UK), where expertise is.
    The fact is that the financial climate in F1 is stacked against newcomers, and it's a big undertaking to join now, when obviously the funding is absolutely crucial to survive, let alone progress. The costs have never been so high.
     
  13. IamRobG

    IamRobG F1 Rookie

    Jun 18, 2007
    4,092
    NY
    I think haas will be kind of like toro rosso to red bull. Same company, not quite as good.
     
  14. scudF1

    scudF1 F1 Rookie
    Silver Subscribed

    Jan 21, 2012
    2,919
    Long Island, NY
    Full Name:
    Billy
    Guys, you forget on very important factor for any team to generate more income besides FIA. That is sponsors. We all don't know at this point how many sponsors HAAS has lined up for his team. I'm sure that he has a lot of business connections that will support him to raise money. That will help him a lot.
     
  15. 4rePhill

    4rePhill F1 Veteran

    Oct 18, 2009
    8,269
    Worcester, England
    Full Name:
    Phill J
    Based on My dealings with Ferrari - You've heard wrong then! ;)
     
  16. IamRobG

    IamRobG F1 Rookie

    Jun 18, 2007
    4,092
    NY
  17. Ney

    Ney F1 Veteran
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    Apr 20, 2004
    7,444
  18. VIZSLA

    VIZSLA Four Time F1 World Champ
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    Jan 11, 2008
    41,692
    Sarasota
    Full Name:
    David
  19. LightGuy

    LightGuy Four Time F1 World Champ
    Silver Subscribed

    Oct 4, 2004
    46,160
    Texas
    Full Name:
    David

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