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6 Aug 2019, 23:56 (Ref:3921744) | #51 | |
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I'm starting to think LMP1 is a curse for manufacturers.
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7 Aug 2019, 00:29 (Ref:3921747) | #52 | |
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If it's based on the road Valkyrie or the pro, there's a chance that they can make a little bit of money in sales if there's teams wanting to run one or two.
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7 Aug 2019, 01:02 (Ref:3921751) | #53 | ||
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What if it is based on the massive economic problems the auto industry & the EU/UK currently face along with the fact that Andy Palmer thought it was a good idea to go public in the middle of Brexit?
Last edited by Dyson Mazda; 7 Aug 2019 at 01:19. |
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7 Aug 2019, 02:34 (Ref:3921760) | #54 | |
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My point is theres a car already made in the Valkyrie. If the race car is based on it with some upgrades, the investment might not be on the chopping block because it doesn't lose money (like the company has). So if it's somehow profitable, it has a lower chance of being cancelled.
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7 Aug 2019, 03:47 (Ref:3921764) | #55 | ||
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The Valkyrie is a project of Red Bull too, designed by Adrian Newey and presented on track for first time with the blue and red of Red Bull, then it could be Red Bull who supports the WEC project.
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8 Aug 2019, 20:53 (Ref:3921995) | #56 | |||
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Quote:
It’s like: “Hey we need to cut the sponsorship of your racing team by $50m because our CEO is an idiot and caused our company to lose 75% of its value while loading it up with debt. But....will you find ours? Thanks, AMR” Last edited by Dyson Mazda; 8 Aug 2019 at 21:14. |
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11 Aug 2019, 14:25 (Ref:3922292) | #57 | |||
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11 Aug 2019, 16:37 (Ref:3922305) | #58 | |
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I think your scenario is unlikely. Not saying it cant happen but we'll have to see if they become profitable. With their (stupid imo) SUV they might save the company if it's somewhat affordable.
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11 Aug 2019, 16:49 (Ref:3922306) | #59 | |||
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Quote:
At this point, someone (probably a Chinese firm) is going to have to buy out the company for the branding because their business model is past the point of repair. Last edited by Dyson Mazda; 11 Aug 2019 at 16:55. |
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11 Aug 2019, 17:06 (Ref:3922309) | #60 | ||
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Not good looking? Sounds perfect for the market that will be footballers who want a posh X6. Take their money.
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13 Aug 2019, 19:30 (Ref:3922609) | #61 | ||
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Wow hedge funds started shorting Aston Martin’s debt (which costs a fortune to do and is quite risky). That is a really horrific sign.
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13 Aug 2019, 20:53 (Ref:3922615) | #62 | |
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That's definitely not good and I'm thinking there won't be an Arabian investment group or other savior. It looks like they're most likely out of the hypercar and F1 sponsor game soon sadly. Maybe someone will buy the scraps and we'll see them saved but I think it will have to be seriously condensed business.
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14 Aug 2019, 11:04 (Ref:3922689) | #63 | ||
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They probably should've stayed a private limited company instead of going public.
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14 Aug 2019, 13:08 (Ref:3922711) | #64 | ||
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14 Aug 2019, 13:32 (Ref:3922715) | #65 | ||
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I think bankruptcy and liquidation are more likely (with someone buying the name in this process). AML has way too much debt on their books and their ownership is not going to accept 75% declines in the value of their equity.
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17 Aug 2019, 07:23 (Ref:3923060) | #66 | ||
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3 Sep 2019, 11:45 (Ref:3925574) | #67 | |
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Well looks like AMR has cut costs but sticking with the Valkyrie's big engine alone, detuned by 30-35% and RWD only to meet the new regs.
The biz speak at the end of the article is heavy "During our time in racing since 2005, we’ve had various headwinds to the business,” he said. “We’ve always remained true to our commitment to racing in sports cars. We’ve been through various global banking crises in 2008. “That hit us all hard, but we stayed with it. We carried on racing. Having some headwinds in our business at the moment doesn’t alter our commitment to racing at all.” |
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5 Sep 2019, 04:10 (Ref:3925914) | #68 | |
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They're going to be mega fast that's for sure.
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5 Sep 2019, 09:39 (Ref:3925953) | #69 | ||
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Just like LMP1 Privateers are now... If they are Mega, Toyota must be SUPERMEGA ! Unless a proper OEM comes in for Hypercar, we are in for more Toyota Bore walkovers for the forseeable future. It's not their fault they have no competition, but they are just a Very Boring Brand.
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5 Sep 2019, 15:15 (Ref:3926003) | #70 | ||
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AMR president says that current shareprices don't influence racing plans
http://www.dailysportscar.com/2019/0...to-racing.html Also talks about how LMP2 will have to be slowed down as not to be faster than the hypercars. But also mentions that LMP2 should still have a chance if a hypercar is poorly built or run. Interesting take there from somebody involved. |
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6 Sep 2019, 07:39 (Ref:3926140) | #71 | |||
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6 Sep 2019, 11:26 (Ref:3926177) | #72 | |
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7 Sep 2019, 00:18 (Ref:3926280) | #73 | ||
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13 Sep 2019, 14:00 (Ref:3927732) | #74 | ||
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Aston Martin is set have four Valkyrie hypercars on the grid for the 2020/21 FIA World Endurance Championship season split across two teams, Multimatic and R-Motorsport.
https://www.motorsport.com/wec/news/...-holt/4540647/ |
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13 Sep 2019, 14:11 (Ref:3927735) | #75 | |
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Amazing news!
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