[BUSINESS] - The F1 Group is healthier than ever

[WhiteBlue]

... questions have been raised about both his figures and his motives far too many times on this board and others for me to trust a thing he says. ..

Unless I'm not very much mistaken most of those questions have been raised by you anyway.

But joking aside, I have found cause for some criticism of Sylt's figures as well. He does some solid researches when it comes to company reports and he understands the basics well enough to make comments. But sometimes he simply mixes up apples and bananas.

Some thing he does pretty good is tracking of advertising value equivalent which is becoming increasingly important in the last five years as at least two of the top teams use the mechanism to justify the bulk of their budget by it. I reckon for sponsorship deals and driver salaries Sylt relies pretty much on intelligence from Bernie. Naturally he has to do a lot of brown nosing to get the data.

[Pup]

... questions have been raised about both his figures and his motives far too many times on this board and others for me to trust a thing he says. ..

Unless I'm not very much mistaken most of those questions have been raised by you anyway.

Possibly.

[Tommorris747]

I'm not disputing individuals just saying that the papers this guy writes for are the most reliable in the UK and I don't believe they would have anyone on their books for more than 5 years if they were peddling lies. Sounds like Roswell to me and I don't buy it. Maybe someone might slip through the net at one of them but not at all four. We are talking about the Telegraph, Independent, Financial Times and the Guardian here.

I have read the Telegraph almost cover to cover every day since they dished the dirt on UK MPs and the only challenge to it has come recently from the Guardian with its intelligence scoops. The people who write for these papers are true professionals. If it wasn't for the Guardian the world would not even know about Edward Snowden and MPs' duck houses!

After the comments from Pup I Googled Sylt more extensively over lunch and also found that he is a writer for the Journal, the London Evening Standard and CityA.M. which you sadly can't get over here but has a wonderful resource on http://www.cityam.com These guys were all over the banking crisis a few years ago and the insight can again only be described as genius. Then comes the fact that the Beeb and CNN have Sylt as a business commentator on F1 and it completes the picture for me. Don't take my word for it go and hunt the links out yourself. I got many of them from the Twitter page @formulamoney which seems to be connected to the stats source in the CNN report.

As a wrap up, I can't deny that errors and celebrity dross occasionaly slip into the pages of even the finest broadsheets (more a problem with the Independent than the others in my opinion). I'll give you that. But we are talking a few times a year not regularly for more than five years in six or seven papers.