Really like that choice of words..."unconscionable".
What he said could be interpreted that way. They've also never said they were ready for prime time. In fact, Alonso mentioned that in season development might be a challenge. Like he was expecting issues.-wkst- wrote: ↑28 Jul 2023, 07:44Although I like the calm and most of the time analytic approach of Krack, I don't know what to believe. For the last weeks they insisted that this is just track related (when most of the fans already feared that this isn't just track related), suddenly after Budapest they admitted doing mistakes in the development - but understand what to do.
In reality I think they just don't have the development rate of their opponents and that's the main reason why they fell back. Additionally the Canada upgrades obviously made the car worse in some aspects.
You also have to consider that Lawrence Stroll ist not the sole owner of Aston Martin. Yes, he might be the biggest shareholder, but last year PIF (Public Investment Fonds) bought a large part of the team. And you may also know, PIF is the owner of Aramco.KimiRai wrote: ↑28 Jul 2023, 03:29Not a serious analysis or anything like that but if Alpine was recently valued at close to $900 million in total, and in the case Aston is valued for example at $1 billion, taking into account Stroll bought Force India for $117 million in 2018 then you add the costs of maintaining the team these last 4 years and all the other expenses and investments... it's possible he's already on paper at a profit rather than a loss without further success. Would like to know the real numbers just as curiosity.
Aston Martin and Aston Martin Racing are 2 different things. AM is just a car company that Stroll bought a piece of, at a bargain price, cause he needed a sponsor for his Racing team. He also thought the synergy of F1 race victories and publicity of F1 in general could help car sales and in the end AM value.lio007 wrote: ↑28 Jul 2023, 12:58You also have to consider that Lawrence Stroll ist not the sole owner of Aston Martin. Yes, he might be the biggest shareholder, but last year PIF (Public Investment Fonds) bought a large part of the team. And you may also know, PIF is the owner of Aramco.KimiRai wrote: ↑28 Jul 2023, 03:29Not a serious analysis or anything like that but if Alpine was recently valued at close to $900 million in total, and in the case Aston is valued for example at $1 billion, taking into account Stroll bought Force India for $117 million in 2018 then you add the costs of maintaining the team these last 4 years and all the other expenses and investments... it's possible he's already on paper at a profit rather than a loss without further success. Would like to know the real numbers just as curiosity.
There were reports PIF paid 770 million € for their share package.
edit:
Back in 2020 Stroll and his partners aquired 16,7% of Aston Martin (216,5 million €). But from the beginning the intention was to increase that to 20%. With the aquisiton they also pumped some 318 million Pounds into Aston Martin to keep it alive.
The group of investors have been Lawrence Stroll, Andre Desmarais, Michael de Picciotto, Silas Chou, John Idol, Lord Anthony Bamford, John McCaw.
diffuser wrote: ↑28 Jul 2023, 12:20What he said could be interpreted that way. They've also never said they were ready for prime time. In fact, Alonso mentioned that in season development might be a challenge. Like he was expecting issues.-wkst- wrote: ↑28 Jul 2023, 07:44Although I like the calm and most of the time analytic approach of Krack, I don't know what to believe. For the last weeks they insisted that this is just track related (when most of the fans already feared that this isn't just track related), suddenly after Budapest they admitted doing mistakes in the development - but understand what to do.
In reality I think they just don't have the development rate of their opponents and that's the main reason why they fell back. Additionally the Canada upgrades obviously made the car worse in some aspects.
Stroll is not a business man. He is a extremely successful business man. Look at his past. This guy knows how to make money and to turn businesses around. They same will happen with AM and AMR. What I like about him from a business perspective is that he is always 100% dedicated and focused with a clear long term plan and long term strategy. Because of that I bought a --- load AM stocks at 1,20€. I believe in Stroll Junior.diffuser wrote: ↑28 Jul 2023, 13:26Aston Martin and Aston Martin Racing are 2 different things. AM is just a car company that Stroll bought a piece of, at a bargain price, cause he needed a sponsor for his Racing team. He also thought the synergy of F1 race victories and publicity of F1 in general could help car sales and in the end AM value.lio007 wrote: ↑28 Jul 2023, 12:58You also have to consider that Lawrence Stroll ist not the sole owner of Aston Martin. Yes, he might be the biggest shareholder, but last year PIF (Public Investment Fonds) bought a large part of the team. And you may also know, PIF is the owner of Aramco.KimiRai wrote: ↑28 Jul 2023, 03:29
Not a serious analysis or anything like that but if Alpine was recently valued at close to $900 million in total, and in the case Aston is valued for example at $1 billion, taking into account Stroll bought Force India for $117 million in 2018 then you add the costs of maintaining the team these last 4 years and all the other expenses and investments... it's possible he's already on paper at a profit rather than a loss without further success. Would like to know the real numbers just as curiosity.
There were reports PIF paid 770 million € for their share package.
edit:
Back in 2020 Stroll and his partners aquired 16,7% of Aston Martin (216,5 million €). But from the beginning the intention was to increase that to 20%. With the aquisiton they also pumped some 318 million Pounds into Aston Martin to keep it alive.
The group of investors have been Lawrence Stroll, Andre Desmarais, Michael de Picciotto, Silas Chou, John Idol, Lord Anthony Bamford, John McCaw.
Is this the first time u visited this team thread?selvam_e2002 wrote: ↑28 Jul 2023, 18:369 and 10 for Alonso and stroll. not good result for them in mixed condition either. don't know what is going on with the team.
Very neutral about the finish. Conditions weren't great and virtually no practice but both Fernando and Stroll made it into Q3. This is the same qualifying that almost had Max out in Q2. Tomorrow and Sunday will show more if they've stopped the bleeding.selvam_e2002 wrote: ↑28 Jul 2023, 18:369 and 10 for Alonso and stroll. not good result for them in mixed condition either. don't know what is going on with the team.
I get what you mean but for example Renault was 4th in 2003 and 3rd in 2004.