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  1. #1
    Opelaus Forum Stalker btm's Avatar
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    Exclamation V8s announce $300 million sale

    Thoughts... Good or Bad?

    V8 Supercars have announced a $300 million deal selling 60 per
    cent of the motorsport championship's shares to a Sydney-based
    private equity firm.

    Archer Capital will now take a controlling share of the
    championship after negotiating the deal with Sports and
    Entertainment Limited (SEL) and the V8 Supercar teams.

    Under the new deal, which is expected to give every license
    holder $4 million, the teams will retain a 40 per cent share in the
    sport.

    Current boss TONY COCHRANE will be retained as the sport's
    chairman.

    COCHRANE says a new commission to run the sport will be
    established in June and he's eyeing off an 18-round calendar in the
    future.
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    This discussion is older than 120 days. information contained in it may no longer be current . Please think of the children before resurrecting this ancient thread!
    *BTM* Opel Astra SRi 2.2L

    Click here to enlarge Originally Posted by glider
    A thread hasn't been recognized on OpelAus forums until BTM has posted in it at least 6 times
    "As a final incentive before giving up on a difficult task, try to imagine it successfully accomplished by someone you violently dislike"

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  2. #2
    OpelAus Owner poita's Avatar
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    The live telecast of the conference is still going for those interested.

    http://www.v8supercars.com.au/


    From what I gathered they are wanting to do it so the teams are forking out as much for the running of the actual sport.

    Thus allowing them to focus more on spending money in R&D for car of the future.

    As long as it doesnt change too much I'm all for it
    2013 Ford Focus ST
    Calibra - The only car that will institutionalise you and send you broke in the mean time

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  3. #3
    OpelAus Enthusiast Hoss's Avatar
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    Hmmm....private equity firms, not sure about them as they can sometimes be like a house of cards. No doubt there will be changes with Cochrane previously saying he wants more overseas races. If that's the case, what races in Oz will go as there would be a limit to the number of races in a year. Clearly the V8s will race overseas if the money is right, as attendances at the races aren't a factor based on the current OS races. Based on current OS races, I don't think the rest of the world will be overly interested in a two make field for cars they can't buy, particularly the Ford. With the exception of the USA, most of the rest of the world is into 2 litre cars. Cracking the US market would be difficult against Nascar.

    Personally I prefer to watch the BTCC - more close racing, some pushing and shoving, and less involvement by officials during the races.

  4. #4
    OpelAus Enthusiast mr corsa's Avatar
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    bring on the two litres for support aswell
    "LAG IS JUST FOREPLAY"
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    OpelAus Participant cobey's Avatar
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    Click here to enlarge Originally Posted by Hoss Click here to enlarge
    Personally I prefer to watch the BTCC - more close racing, some pushing and shoving, and less involvement by officials during the races.
    from twitter "You know the news, now tell us your views! Are you excited with whats to come for the future of V8 Supercars?" Peter Langford@v8supercars means jack since you put all the drivers in skirts & fine them for even looking like touching fenders, you lost me years ago.

  6. #6
    OpelAus Owner hazrd's Avatar
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    Click here to enlarge Originally Posted by mr corsa Click here to enlarge
    bring on the two litres for support aswell
    better teach yours to turn corners first tony Click here to enlarge
    Sure, we dont have to worry about viking raids or scurvy anymore, but instead we make a daily routine of sitting in flimsy, fibreglass (or metal) boxes full of gasoline which are propelled in opposing directions on the freeway at velocities matching that of low flying aircraft.

    This is a roundabout way of saying that cars are dangerous....

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