Chapter 242 Layout NBA and F1

Except what Alan Baker said.

Later, Abel also received some F1 information compiled for him by the advisory team.

In the information, Alan Baker listed the expenses of the eleven F1 teams last year.

In 2000, the top-ranked Ferrari team had annual expenses of approximately US$160 million (excluding engine expenses).

With Schumacher's Ferrari team, it can be said to be a standard top three team.

It was also the fleet with the largest expenditure last year.

The Williams team, which ranks ninth, spent US$85.5 million last year.

In addition, Ferrari driver Schumacher's salary is currently the highest among F1 drivers, with an annual salary of approximately US$35 million.

The lowest salary among F1 drivers is the Toyota racing driver, which is US$500,000.

In addition to these daily expenses.

There are also more expensive vehicle maintenance, vehicle research and development, and F1 vehicle production money.

A F1 Ferrari racing car costs almost 1 million pounds.

Among them, the engine, gearbox, body and electronic systems are the most expensive.

Another F1 car requires 21 people to complete a race.

It usually takes 6 to 12 seconds to refuel the car and change the tires. At the level of the F-1 team, through teamwork, it can complete the tire change and fill up with 60 liters of gasoline in 7 seconds.

The consumption of these personnel and accessories is also staggering.

After a race, the cost of tires alone can sometimes reach tens of thousands of dollars.

Finally, playing with the F1 racing team is the most expensive thing.

That is the research and development of racing cars, and the investment here is even more exaggerated.

For example, in 1998, McLaren's racing car research and development expenses alone reached US$75 million.

A team participates in 20 races a year.

If the cost of research and development is included, the cost of building an F1 racing car will be even more exaggerated.

This is also the reason why racing teams with large car companies behind them will become more and more mainstream in the future.

Because with the development of technology, the previous small workshop-style racing research and development can no longer support the advancement of racing technology.

Only with the support of major car companies and stronger scientific research capabilities can racing cars be more advanced and have more advantages on the track.

This is also the reason why Ferrari has been at the forefront of F1 competitions for a long time.

In addition to being rich and willing to spend money, the mechanical technology of its racing cars is indeed very strong.

No matter what people say, it is the best-selling supercar on the planet and the number one sports car in the minds of most people.

Forget about the Bugatti Veyron.

In the eyes of many people, it is a luxury and ultra-luxury car-type toy.

In terms of influence, sales, or other aspects, it cannot compare to Ferrari or Lamborghini.

It can only rely on Volkswagen's technical strength and rely on the two titles of "most expensive" and "fastest" to mix among sports cars.

After reading this information, Abel also had a general idea of ​​the cost of raising an F1 racing team.

Excluding R&D expenses, the annual cost of an F1 team is approximately US$100 million to US$150 million.

This does not include R&D expenses. If R&D expenses are included, there is no upper limit.

Thinking of this, Abel knew that he would probably set up a racing research laboratory.

This is relatively simple, as there are many ready-made personnel and experts in Europe.

R&D teams like Feijian Racing Team and Prost can be brought over directly.

Even if they are a little behind, they still have a certain foundation and can save basic research and development.

Also in terms of engines, the technical content of F1 car design is higher.

But because mass production and cost are not considered.

The difficulty of producing an F1 racing car is much lower than building an ordinary car from start to finish that can sell well in the market.

Because when producing ordinary cars, what we consider is how to use the lowest price to produce cars that look the most beautiful, are best to drive, and have the most functions.

In addition to the necessary driver's life support equipment, the only thing that needs to be considered in an F1 car is speed.

Acridine's car doesn't even have an air conditioner on its body, and even its engine is almost a disposable consumable.

To study them, as long as you are willing to spend money, you can get results in a very short time.

There are also car companies in the United States.

General Motors and Ford Motor Group still have strong engine technology capabilities.

Abel's idea is to bring Prost and the scientific research team of Feijian Racing Team directly to the United States.

Then try to find some experts who specialize in engines in the two automobile groups in the United States.

Eventually formed his own F1 formula scientific research team.

This scientific research team will probably not be used this year.

This year's F1 US Grand Prix will be held in half a month.

This one will definitely not catch up.

This season this year, if the entire team can buy it, there is a high probability that it will be ruined.

Whether or not we can get a ranking is already a matter of next year.

Abel had already thought about it in his mind.

If we can successfully buy these two teams.

He will name one of them "Tesla Racing Team."

This fleet is directly maintained by Tesla.

Strive to get good rankings within a few years and gain a certain reputation around the world.

In that case, when Tesla's electric cars are launched in the future.

You can also add more "F1 bloodline" and "Formula racing DNA" in the advertising slogan.

When the electric car formula appears in the future, the Tesla team can directly lead the trend and become the most beautiful boy in F1.

As for the other team, he plans to name it "MGM".

Mainly among Abel's companies, these two companies need the most visibility and publicity.

An entertainment giant with his own F1 team will be particularly proud in Hollywood.

And presumably those Hollywood stars are also willing to take advantage of the popularity of Formula 1 racing.

On the other hand, FIA officials are probably happy to have a relationship with Hollywood.

Hollywood and F1 are both things that need popularity and exposure.

When acquiring an F1 team, people from their own advisory group will be busy.

Abel's attention returned to USD/NOK.

Smith Building.

In the trading hall on the fourth floor.

May 22nd.

It has been a week since Smith Capital entered the market.

The exchange rate of USD/NOK has been fluctuating between 7.6050-7.6100.

In other words, a week has passed.

The Norwegian krone, which had been rising, was abruptly restrained from rising.

This currency exchange, which was originally not a very large market, has become increasingly large in size due to the stalemate between bulls and bears.

At this time, Smith Capital and Neon Capital are definitely not the only institutions facing gambling here.

"This market is very abnormal." In the office, David said to Abel:

"I think there must be other institutions coming in."

Abel nodded and said:

"You're not wrong. It's true. Lehman Brothers, Merrill Lynch and Bear Stearns, at least three of them have entered the market."

"Are you so sure?" David was curious.

If David was not in the safe house, he would have been able to detect similar information based on his channels and connections.
To be continued...