Penske to buy Mercedes ? | Page 2 | FerrariChat

Penske to buy Mercedes ?

Discussion in 'F1' started by Mitch Alsup, Nov 15, 2019.

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  1. fatbillybob

    fatbillybob Two Time F1 World Champ
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    Headline....Penske buys F1...jobs restored.... grid girls are back!
     
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  2. Nembo1777

    Nembo1777 F1 World Champ
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    Post of the year, maybe he could buy Ferrari and bring back carburetted V12 road cars too;-)!
     
  3. TheMayor

    TheMayor Nine Time F1 World Champ
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    So would it still be called Mercedes just that Penske runs the operation?
     
  4. Rifledriver

    Rifledriver Three Time F1 World Champ

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    #29 Rifledriver, Nov 16, 2019
    Last edited: Nov 16, 2019
    Mercedes will probably finance it. This is not the end of their financial involvement, in a way they are just outsourcing the management.


    Building the Indy pushrod motor for Mercedes and winning Indy all at no cost to Mercedes back in the 90's sure had a good, long term payoff for Roger. One smart business man.
     
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  5. Rifledriver

    Rifledriver Three Time F1 World Champ

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    #30 Rifledriver, Nov 16, 2019
    Last edited: Nov 16, 2019
    I'm betting Penske/Mercedes. Or the reverse.
     
  6. Isobel

    Isobel F1 World Champ

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    Mercedes-Pens.
     
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  7. Rifledriver

    Rifledriver Three Time F1 World Champ

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    When Roger bought Detroit Diesel GM financed it 100%.
     
  8. Steinhart

    Steinhart Formula Junior

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    LOL you hit the nail on the head :)
     
  9. Rifledriver

    Rifledriver Three Time F1 World Champ

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    At least until Roger owns 51%.
     
  10. Isobel

    Isobel F1 World Champ

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    Can’t wait for the Goat to win the 500. It’s lining up.......
     
  11. william

    william Two Time F1 World Champ
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    Mark Donohue's death after a crash during practice affected Roger Penske.
    He carried on until the team won a GP with John Watson, but his heart wasn't in it anymore, I think.
     
  12. Rifledriver

    Rifledriver Three Time F1 World Champ

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    I think you are right. Roger and Mark were close. Mark only came out of retirement to make a run at F1 for Roger.
     
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  13. william

    william Two Time F1 World Champ
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    It was really Mark Donohue who started team Penske, and set the standards for years to come.
     
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  14. Rifledriver

    Rifledriver Three Time F1 World Champ

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    They had a well defined division of labor. Roger was the business man and salesman. Mark handled engineering and racing, but is was Rogers organizational skills that made it operate in a very orderly machine like fashion.
     
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  15. Patek

    Patek Formula 3

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    That is a lot.......
    Wow
    I am wayyyy behind. Like maybe 423 behind.
     
  16. 444sp

    444sp Formula Junior

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    #41 444sp, Nov 16, 2019
    Last edited: Nov 16, 2019
  17. william

    william Two Time F1 World Champ
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  18. 375+

    375+ F1 World Champ
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    Well it was fun while it lasted.
     
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  19. 444sp

    444sp Formula Junior

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    Well, when you have to go out and deny things, it is because there is something behind, it does not mean that this things are going to succeed but surely there are negotiations.
    The note also says that another of the buyers may be the Russian Dmitry Mazepin, so we have to think that Mercedes is really thinking about the recall.
    Which sounds totally logical, they already won everything, their future is electric and they debut in Formula E next weekend.
     
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  20. schumacherf2006

    schumacherf2006 F1 Veteran
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    That’s something... wow
     
  21. Turbopanzer

    Turbopanzer F1 World Champ

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    This may mean an end to crapwagons. F1 gets to becomes part of the Indy 500. First class hardware and a true international racing series of world class caliper.
     
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  22. william

    william Two Time F1 World Champ
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    No smoke without a fire, they say ...

    Call me bias for all you want, but I would prefer the Mercedes-AMG team to be in the hands of Roger Penske, rather than a Russian.
    Penske has huge credentials in motor racing.
     
  23. Simon^2

    Simon^2 F1 World Champ

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    Not always.

    Penske just bought INDY / IMS. It seems logical that Penske is in negotiations with mfg's to get more involved with INDY. I doubt he wants any speculation out there that INDY isn't his #1 priority (in racing).

    I think the MercedesF1 speculation was F1 journalists making their own smoke...
     
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  24. 375+

    375+ F1 World Champ
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    . . . although Toto Wolff misses his first F1 race since 2013o_O
     
  25. Patrick Dixon

    Patrick Dixon Formula 3

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    I don't think that's correct. So long as you are not trading insolvently, you can continue not making profits for as long as you like.
     

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