Maybe there is some mistakes in the book but obviously, pitpass journalists do not understand what they read and wrote a lot of BS too.
1/ In march 2006, CVC bought the stakes of SLEC they didn't own (14%) for $478m as written in the document the author provide. $1.7billion is the total investessment of the group during the year.
In the end of 2005, CVC bought the Ecclestone shares, the Bayerische Landesbank shares and the JPMorgan shares for nearly $2.5 billion.
So the total cost is about $2.9 billion.
Bower is right.
2/ Paddy McNally is Irish-born but given the article speaking of him on the Internet, he seems to have the british nationality.
Bower seems to be right.
3/ He claims that Bower don't know what a V1 is. But Bower is right on his explanation : a V1 is a rocket with wing, not a pilotless aircraft. And here the explanation of the last seconds of a V1 flight.
Before launch, the counter was set to a value that would reach zero upon arrival at the target in the prevailing wind conditions. As the missile flew, the airflow turned the propeller, and every 30 rotations of the propeller counted down one number on the counter. This counter triggered the arming of the warhead after about 60 km (37 mi).[8] When the count reached zero, two detonating bolts were fired. Two spoilers on the elevator were released, the linkage between the elevator and servo was jammed and a guillotine device cut off the control hoses to the rudder servo, setting the rudder in neutral. These actions put the V-1 into a steep dive.[9][10] While this was originally intended to be a power dive, in practice the dive caused the fuel flow to cease, which stopped the engine. The sudden silence after the buzzing alerted listeners of the impending impact.
Obviously he never received a V1 blast in his face and Bower is right. Again.
I'll be looking for several feedback on the book and maybe I would buy it...
