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Author: Subject: Bernie has cashed out
iank

posted on 28/3/06 at 12:40 PM Reply With Quote
Bernie has cashed out

But remains in charge as chief exec...

http://news.bbc.co.uk/1/hi/business/4852894.stm

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ned

posted on 28/3/06 at 01:02 PM Reply With Quote
i saw that, but figured who cares? is it really going to make a difference?

more interesting reading was the fact that minardi might make a comeback in 2008 and that stoddart has the rights to the name, the 2004 car and still has the premises from the sale to redbull...

Ned.

[Edited on 28/3/06 by ned]





beware, I've got yellow skin

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iank

posted on 28/3/06 at 01:13 PM Reply With Quote
Aye, but it's the sort of thing I'd expect to see from someone with inside information about an imminent drop in the value of the franchise.

Or it might be a tactic to try and prevent that rumoured break-away by the manufacturers.

Hadn't heard about Minardi... why would anyone bother unless they had the resources to begin winning within a couple of years?

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ned

posted on 28/3/06 at 01:59 PM Reply With Quote
another theory:

how much of equity group CVC Capital Partners does Bernie own?!

Ned.





beware, I've got yellow skin

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