Conrad Indianapolis Hotel.

Fourth floor, executive lounge.

At about four o'clock in the afternoon.

Li Fuzhen and her sister Li Xinyu looked at each other awkwardly.

Opposite them, there was a pair of young people kissing passionately.

The man is tall and handsome, and you can see that he is very strong even though he is wearing a suit.

The girl is petite and beautiful, her skin is rare and delicate among white women, and she also looks very childish.

It was little Laura and Abel.

The two of them were so passionate about kissing.

The Li sisters and the others are not the same whether they are looking or not looking. They are not the same whether they are walking or not.

Finally, little Laura was out of breath again and her lungs were running low.

Then she gently pushed Abel away, ending the French classic caused by her proactive kiss.

"..Feel sorry."

Little Laura, who was blushing and smiling, said to the two Li sisters with a smile: "I'm so excited, I lost my temper."

Li Xinyu actually wanted to say, if it were me, I might be even worse than you.

Those are two F1 teams!

Such a gift is more surprising to racing fans than ordinary people winning a five million lottery jackpot.

Li Xinyu also privately thought about owning her own F1 team.

This is not a fantasy for the Li family.

With the Li family's financial capacity, there is no pressure to raise an F1 team.

The problem is that in the entire Li family, she is the only real car fan, Li Xinyu.

Furthermore, other individuals hold the capital of F1 teams.

They own F1 teams, either for the team brand, like Ferrari or McLaren.

Either for investment profit or to gain fame.

I have never heard of anyone buying an F1 team just for fun and hobby.

Formula 1 racing, if you don't consider the above, is a pure bottomless pit of money.

The Li family is very rich, and is even the first family in the Han Kingdom.

But it is impossible to invest in something that is like a bottomless pit and will not be of great help to the Li family's business.

Li Xinyu also knows clearly. Unless she gets lucky herself.

Otherwise, she would never be able to own her own F1 team in this life.

It is true that her father loves his little daughter Li Xinyu the most.

Her father could also buy her a luxury sports car worth hundreds of thousands or even millions of dollars.

This kind of treatment is countless times better than that of her two sisters and one brother.

Just hundreds of thousands of dollars and millions of dollars in gifts.

Compared with the annual investment of at least one to two billion US dollars, that is nothing.

This also made Li Xinyu more and more envious of little Laura for being able to get two F1 teams.

He was obviously extremely envious, and he looked so excited when facing little Laura.

Li Xinyu could only lower her head and say with a smile: "I can understand your mood. If I receive such a gift, then I estimate that I will be so excited that I can't sleep for several days and nights."

Unfortunately it's not possible.

Not to mention she has two sisters and one brother.

Even though she is an only daughter, Li Xinyu also knows her father's temperament.

It is impossible to give yourself a gift of such value.

Two F1 teams, how many people in the world can afford to give such a gift?

"Hahaha~" Little Laura smiled happily. At this moment, most of her body was wrapped around Abel, and she just felt that she was satisfied with Abel no matter what she looked at.

"I knew you could understand." Little Laura said to Li Xinyu with a smile.

"Okay." Abel stroked her hair lovingly, "It's just two teams. I didn't even spend much money to buy them. I just have to be responsible for their liabilities in the future. Will there be results in the future? , is the most important thing.”

Abel buys Prost and Flying Sword racing teams.

These two F1 teams combined, he spent less than 4 million US dollars.

That’s right, it’s that cheap.

That's four million dollars.

Among them, Prost only spent 1.5 million, and Feijian Racing Team was slightly more expensive, 2.5 million.

Why so cheap?

Because these two F1 teams are only a few days away from bankruptcy.

The loans they owe, and even the payment for the purchase of engines and other accessories, each team's debt exceeds hundreds of millions of dollars.

Prost has $128 million in debt.

Flying Sword Racing has $98 million in debt.

Even the cost of transporting the two fleets from Europe to the United States was spent on the remaining loan funds.

The owners of the two teams have been trying to sell them since last year.

F1 itself is not a highly profitable investment.

The debts of the two racing teams are still so high that they have been unable to find anyone to take over.

In parallel time and space.

Of their two teams, one will go bankrupt this year and the other will go bankrupt next year.

The Prost team had better luck. A few years later, the body was picked up by others and reappeared in F1 under another name.

Feijian Racing Team, the most handsomely painted F1 racing team, never appeared again and went bankrupt.

In fact, bankruptcy or bankruptcy is all too common in F1.

Almost every few years, an F1 team goes bankrupt or is sold.

This is true every year, and the owners behind F1 teams change more frequently than any commercial sports club.

The input-to-output ratio of F1's commercial competition is too low.

Ferrari, the team with the highest revenue, had revenue of US$230 million last year.

But the team's expenditure, including engine consumption, is approximately US$180 million.

Profit attributable to the parent company does not exceed US$30 million.

This does not include research and development costs.

If Ferrari's R&D expenses were spread equally, even the Ferrari team would be losing money every year.

This means that Ferrari itself is a sports car.

The research invested in F1 racing cars and the new technologies developed can often be used in ordinary Ferrari sports cars.

It is equivalent to a research and development expense, used on two projects.

This way there is no loss.

The same is basically true for other teams in F1 that have their own sports car brands.

While taking advantage of the fame and popularity of F1, it enhances its own sports car brand.

It also developed some technologies from F1 and transferred them to its own ordinary sports cars.

A virtuous cycle allows the fleet and the company to maintain both.

This is why almost all of the teams at the top of F1 are owned by car companies.

Ferrari, already the most successful F1 team, is like this.

Those teams that rank at the bottom often cannot even recover their costs.

Prost and the Flying Sword team went bankrupt because of this.

This means that, except for car companies.

It is actually difficult for other outsiders to make profits in F1.

This is also the reason why F1 racing cars are getting worse and worse.
To be continued...