- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Formula 1 2020 Season Thread
Posted on 8/20/20 at 8:15 am to YOURADHERE
Posted on 8/20/20 at 8:15 am to YOURADHERE
Ya, he was catching the car in front of him.
But I guess they broke the latch or something off the belt.
But I guess they broke the latch or something off the belt.
1
Posted on 8/20/20 at 9:31 am to kengel2
quote:
But I guess they broke the latch or something off the belt.
What do you mean? The reason for him having to PIT?
Posted on 8/20/20 at 10:17 am to Lsut81
quote:
What do you mean? The reason for him having to PIT?
No, I get he took the belts off, but this quote from the espn article makes it sound like he broke it as well.
Maybe the middle part.
quote:
Leclerc told them they needed a new attachment for the belt but the team did not have one ready when he returned to the pit-lane, at which point the decision was made to switch off the engine retire the car.
This post was edited on 8/20/20 at 10:29 am
Posted on 8/21/20 at 5:48 am to kengel2
Williams sold to US investment group....
quote:
It’s the dawn of a new era for Williams after the Formula 1 team announced they have been acquired by American investment firm Dorilton Capital… The iconic British constructor, founded by Sir Frank Williams and Sir Patrick Head, said in May that they were embarking on a “new strategic direction”, and had begun talks with interested parties regarding a sale of a minority or majority stake in the company. On Friday, nearly three months after they made that news public, the team said Dorilton Capital would be their new owners, marking “the beginning of an exciting new era in the history of Williams” with the team “now well positioned to capitalise upon the seeping rule changes coming into Formula 1 with the new Concorde Agreement” for 2021.
Posted on 8/21/20 at 6:55 am to Lsut81
Hope it works out for them. I'm sure they did their due diligence in making sure the name and culture doesn't change over time. Would be great to see them back near the front.
Posted on 8/21/20 at 7:07 am to TheNolaClap
The US now has two teams that come in dead last consistently. 
Posted on 8/21/20 at 7:16 am to TheNolaClap
I hope Williams can remain British, what else does Dorilton own?
This post was edited on 8/21/20 at 7:17 am
Posted on 8/21/20 at 7:17 am to Lima Whiskey
Not sure but just found out that my father in law works on floor below them and knows a few of the higher ups. See if I can work some US/Canadian GP passes out of them!
Posted on 8/21/20 at 8:46 am to Lima Whiskey
Seems weird that an "investment firm" bought them, those guys are normally looking to turn profits, all I've ever heard is how F1 is a huge money pit. Hope they're willing to put the money in to the team to make them relevant again.
Posted on 8/21/20 at 9:17 am to YOURADHERE
quote:
Seems weird that an "investment firm" bought them, those guys are normally looking to turn profits, all I've ever heard is how F1 is a huge money pit. Hope they're willing to put the money in to the team to make them relevant again.
There is a lot of money to be accessed via F1.
Posted on 8/21/20 at 9:42 am to YOURADHERE
quote:
Seems weird that an "investment firm" bought them, those guys are normally looking to turn profits, all I've ever heard is how F1 is a huge money pit. Hope they're willing to put the money in to the team to make them relevant again.
You ever hear a rich person tell you theyre rich? No, they are always losing money.
Posted on 8/21/20 at 10:38 am to STrugglin
I'm gonna miss seeing Claire in the paddock.
Posted on 8/21/20 at 1:30 pm to YOURADHERE
quote:
Seems weird that an "investment firm" bought them, those guys are normally looking to turn profits, all I've ever heard is how F1 is a huge money pit. Hope they're willing to put the money in to the team to make them relevant again.
They will turn a profit when they sell them.
Williams has a ton of technology as well. Williams Advanced Engineering in the past had provided all the Formula E batteries and other listed components to Formula 1 teams.
Posted on 8/21/20 at 3:19 pm to fightin tigers
Did they buy that part though? I read the thing at like 530am, but I thought they just bought the f1 team not the whole business.
Posted on 8/21/20 at 3:59 pm to YOURADHERE
An F1 team seems like a vanity project. I’m grateful someone stepped in, but it can’t be a good investment. Or at least, there are any number of much better investments out there.
Posted on 8/21/20 at 5:13 pm to fightin tigers
quote:
Williams Advanced Engineering
Williams GP Holdings only has a minority stake in WAE. They sold their majority stake in 2019.
Posted on 8/21/20 at 8:28 pm to southernelite
quote:
Dorilton Capital has purchased the team — consisting of the F1 business, the remaining minority stake in Williams Advanced Engineering and all other trading assets and liabilities
Posted on 8/21/20 at 11:12 pm to fightin tigers
This isn’t a good deal sometimes. These firms tend to saddle their side projects with debt and then bankrupt them.
Posted on 8/22/20 at 2:52 am to Xenophon
The only hope is that with the new spending caps in place and supposedly better revenue distribution, with the newest concorde agreement, that the smaller teams will not be losers like they were.
Merc, RB, and Ferrari can still outspend, but they won't be that far out of scale if Williams decides to stay about where they are.
Merc, RB, and Ferrari can still outspend, but they won't be that far out of scale if Williams decides to stay about where they are.
Page 56 of 133
Popular
Back to top
Follow TigerDroppings for LSU Football News