Will Branson save Honda F1
23 February 2009, 02:23 PM
#1
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Will Branson save Honda F1
I would be surprised (if he does he will get it V V cheap)
I think the conversation will go something like this
“Hi, I hear your trying to get rid of your formula 1 team”
“Yes, it’s on sale for approx £200 million”
“Oh Ok I was going to offer you £40 million”
“You must be joking”
“No – I would also like you too take a reputational and financial hit by sacking 75% of the workforce before we take over”
Old Beardy can then run the F1 outfit on a shoestring liveried up with Virgin for a couple of seasons saving loads on money on marketing – cheap way of flogging his Virgin brand
And when the deal falls thru, which it will – see above, he will denounce F1 as “delusional”
can of Virgin Cola anyone?
I think the conversation will go something like this
“Hi, I hear your trying to get rid of your formula 1 team”
“Yes, it’s on sale for approx £200 million”
“Oh Ok I was going to offer you £40 million”
“You must be joking”
“No – I would also like you too take a reputational and financial hit by sacking 75% of the workforce before we take over”
Old Beardy can then run the F1 outfit on a shoestring liveried up with Virgin for a couple of seasons saving loads on money on marketing – cheap way of flogging his Virgin brand
And when the deal falls thru, which it will – see above, he will denounce F1 as “delusional”
can of Virgin Cola anyone?
Last edited by hodgy0_2; 23 February 2009 at 02:31 PM.
23 February 2009, 02:33 PM
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23 February 2009, 02:37 PM
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Its complete rubbish.
He has no intention of buying Honda. He did exactly the same thing with Northern Rock. A couple of weeks of Virgin this Virgin that. Cheap advertising and nothing more.
Isn't today supposed to be the deadline for Honda advising Mercedes of the buyer so that the engines will definately be supplied.
He has no intention of buying Honda. He did exactly the same thing with Northern Rock. A couple of weeks of Virgin this Virgin that. Cheap advertising and nothing more.
Isn't today supposed to be the deadline for Honda advising Mercedes of the buyer so that the engines will definately be supplied.
23 February 2009, 02:38 PM
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23 February 2009, 03:33 PM
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Its complete rubbish.
He has no intention of buying Honda. He did exactly the same thing with Northern Rock. A couple of weeks of Virgin this Virgin that. Cheap advertising and nothing more.
Isn't today supposed to be the deadline for Honda advising Mercedes of the buyer so that the engines will definately be supplied.
He has no intention of buying Honda. He did exactly the same thing with Northern Rock. A couple of weeks of Virgin this Virgin that. Cheap advertising and nothing more.
Isn't today supposed to be the deadline for Honda advising Mercedes of the buyer so that the engines will definately be supplied.
COMPLETE PR CRAP from Branson as USUAL.
He did the same with wanting to buy Concorde when in fact he never did anything to make that happen at all.
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23 February 2009, 06:56 PM
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23 February 2009, 06:59 PM
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i,m sure not many Snetters read Private Eye but they've maintained for ages the Beardy one's basically a busted flush, certainly not the Billionaire he claims to be
23 February 2009, 07:12 PM
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Alan Sugar maintains that neither of them could go to the bank and withdraw £500 Million cash like he can.
23 February 2009, 07:20 PM
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B. BA refused to sell them.
C. Airbus stated they'd not make spares, not matter who owned them. That was the final nail in the coffin for Concorde.
23 February 2009, 07:28 PM
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A. Branson did want Concorde. And offered several million for each of them, even though BA got them for a nominal cost from HMG.
B. BA refused to sell them.
C. Airbus stated they'd not make spares, not matter who owned them. That was the final nail in the coffin for Concorde.
B. BA refused to sell them.
C. Airbus stated they'd not make spares, not matter who owned them. That was the final nail in the coffin for Concorde.
23 February 2009, 07:36 PM
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He was going to buy them for xx million, TUPE across the pilots, FO's, flight engineers, cabin crew, maintenance teams and get Airbus to commit to building and stocking spares, then obtain airworthiness certs from the CAA, and then fly them for 14 days.
Yeah, you're probably right.
Last edited by FlightMan; 23 February 2009 at 07:40 PM.
23 February 2009, 07:42 PM
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A. Branson did want Concorde. And offered several million for each of them, even though BA got them for a nominal cost from HMG.
B. BA refused to sell them.
C. Airbus stated they'd not make spares, not matter who owned them. That was the final nail in the coffin for Concorde.
B. BA refused to sell them.
C. Airbus stated they'd not make spares, not matter who owned them. That was the final nail in the coffin for Concorde.
Branson in save Concorde plea | Mail Online
Branson is full of s**t but I hope for a change he puts his money where his extremely large mouth is
Last edited by bugeyeandy; 23 February 2009 at 07:43 PM.
23 February 2009, 07:47 PM
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23 February 2009, 07:54 PM
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23 February 2009, 08:40 PM
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I'm slightly biased here as I work for BA but i'd guess they didn't pass them on because they didn't have to and it wouldn't have made good commercial sense.
I could think of nothing worse than passing on your retired flagship to one of your smaller competitors who have been nothing but critical of you.
Maybe BA should have sold them on for what they bought them with the proviso that Virgin would have to operate them for at least 5 years commercially.
I could think of nothing worse than passing on your retired flagship to one of your smaller competitors who have been nothing but critical of you.
Maybe BA should have sold them on for what they bought them with the proviso that Virgin would have to operate them for at least 5 years commercially.
23 February 2009, 08:44 PM
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Anyway, back on topic
BBC SPORT | Motorsport | Formula One | Honda struggle to find F1 buyer
Doesn't look too good
BBC SPORT | Motorsport | Formula One | Honda struggle to find F1 buyer
Doesn't look too good
23 February 2009, 09:15 PM
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A. Branson did want Concorde. And offered several million for each of them, even though BA got them for a nominal cost from HMG.
B. BA refused to sell them.
C. Airbus stated they'd not make spares, not matter who owned them. That was the final nail in the coffin for Concorde.
B. BA refused to sell them.
C. Airbus stated they'd not make spares, not matter who owned them. That was the final nail in the coffin for Concorde.
Rod Eddington - concorde
Mart
23 February 2009, 09:21 PM
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A. Branson did want Concorde. And offered several million for each of them, even though BA got them for a nominal cost from HMG.
B. BA refused to sell them.
C. Airbus stated they'd not make spares, not matter who owned them. That was the final nail in the coffin for Concorde.
B. BA refused to sell them.
C. Airbus stated they'd not make spares, not matter who owned them. That was the final nail in the coffin for Concorde.
He did offer AF on one of theirs once years before though just to try to annoy BA.
Last edited by Nat; 23 February 2009 at 09:23 PM.
24 February 2009, 01:00 AM
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Reports elsewhere are suggesting that anyone could buy the F1 team for just £1.
As for the cost of running it, I'd think a bare minimum of £80m would be essential.
As for the cost of running it, I'd think a bare minimum of £80m would be essential.
24 February 2009, 07:19 AM
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Good to see a refreshingly cynical (read 'realistic') attitude to Branson. He's always at the ready to get some free publicity, always trying to look like the 'saviour' when he knows nothing will come of it. A1 Bull****ter.
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