Thursday, November 19, 2009

We've got interest now!

According to Bloomberg, Daimler and Aabar are paying around $184.2m for 75.1% of Brawn GP making the saviors of Honda's F1 team an immense chunk of coin. You do the math. How amazing it was that a sub-par team called Honda decided to quit F1 after spending a great amount of time and money developing what would end up being the strongest car for pretty much the first half of the season.

Instead of putting all those people who worked so hard for the team out on their asses they sold the team to Ross Brawn and company for a British pound sterling and THEN financed that season for them with the understanding that "You get one free year and then it is up to you to make this work and if you don't then it is your conscience that has to deal with making all these people jobless"

This ultimately led to the newly named/birthed Brawn GP who went on to sew up the constructors championship AND the drivers race as well in only their first year, something that had never happened before and to top it all off it was the team's only year... and on somebody else's dime!!!

If that wasn't a good enough of a story now they've gone and flipped the frotting team for $184.2 million dollars because Mercedes wanted to have more say in how an F1 team was run as well as not having much interest in financing a team that will soon be producing supercars that will challenge their own works?

I do recall an earlier entry at the end of March where I proclaimed "Ross Brawn may be Jesus Christ" and I'm beginning to think I was right. Making crappy bloated teams into dual, lean championship winners and then selling the team for a tidy pile of money... a lot like turning water in to wine if you think about it, but with a capitalistic lean.

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