Chapter 927 - Excessive Conditioning
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Although he was not very satisfied, Chen Haibo still went back with the words "Although there is no detailed plan to build a factory for the time being, I am already thinking about this matter, and if this project is launched, Haidai Provincial Capital will be the key area to consider". Pen @ fun @ pavilion wWw. ļ½ļ½ļ½Uļ½Eć info top novel,
With Lin Zheng's words, Chen Haibo was finally able to give a satisfactory explanation to the leaders of the province.
As for Lin Zheng, he thought carefully about Paul. Studdart's suggestion, first question: Will Vickers sell Cosworth?
It is imperative to know how the Vickers Group reacts to this matter......
"The president of the Wickers Group told me unequivocally that they were willing to sell Cosworth to Minardi as long as the price was right."
"What?!" Paul. Studart's words surprised Lin Zheng: "Vickers Group is willing to sell Cosworth? How can it be? Didn't they plan to sell Cosworth together to Volkswagen? ā
This is indeed impossible, with the consistent urine nature of those European and American companies, don't look at these money-losing goods are thrown around, a look of whether they don't want it, but once a domestic company comes forward to say that it wants to acquire, things will immediately change its appearance, and the stinky shit that the dog doesn't smell will immediately become fragrant meat and bones, either a bunch of people come up and raise the price with you, or the government of the country where you are located directly does not allow you to invest and acquire.
Although they know that Cosworth is not stinking shit, they are also one of the few companies in the world that can build a racing engine that meets the requirements of Formula 1 racing, and although it has not been profitable since its inception, the value of such a business is not only reflected in the profitability. In Jean Paul. When Studdart asked the Vickers Group about their wishes. Lin Zheng didn't have much hope, but now Paul. This guy Studart actually told himself. Is Vickers willing to spin off Cosworth and sell it separately?
Nima, this is not scientific!
"Uh-huh...... "Paul. There was something strange on Studart's expression. After a while, he said: "The Vickers Group does plan to sell Cosworth and Rolls-Royce together to Volkswagen, but Volkswagen is not very willing to accept Cosworth, you know, Volkswagen also has Porsche and Bugatti, the two major sports car brands, they have no shortage of engine design and tuning masters, before the Vickers Group insisted on selling Cosworth, a drag bottle, and Rolls-Royce together, Volkswagen had no choice but to agree, and now we are willing to buy Cosworth alone, Both the Vickers Group and Volkswagen are delighted. But ......"
Speaking of this, Paul Studart scratched his head embarrassedly: "However, although the Vickers Group is willing to sell Cosworth separately, it has put forward some conditions. ā
That's right, I knew it wasn't that simple! "What kind of conditions did the Vickers Group propose?"
Paul. Studart lowered his head and didn't dare to look up at Lin Zheng's eyes: "Cosworth can only be sold to the Minardi team, and within 10 years, Minardi cannot be sold to you or any company with a Chinese background......"
"it!" Didn't wait for Paul. After Studart finished speaking, Lin Zheng scolded fiercely: "It means that Lao Tzu spent a lot of money, but this broken factory is not mine?" So why should I buy it for? ā
Paul. Studart was also embarrassed. Minardi Racing Team bought Cosworth, and it must have been Lin Zheng who paid for it, but according to the conditions proposed by the Vickers Group, Lin Zheng paid for Cosworth. The ownership of the company belongs to the Minardi team and cannot be sold or transferred to itself for 10 years?
Stared at Paul viciously. Studart, but I really can't hold back this feeling of being taken for a fool. Angrily kicked the table, pointed to his nose, and gritted his teeth to Paul. Studart asked, "Do I look like a fool?" ā
"You're certainly not stupid." I've been dealing with Lin Zheng for a long time. Studart also knew what "stupid" meant, and his face was a little embarrassed: if Lin Zheng even agreed to such conditions. That's really not much different from "stupid".
"Since I'm not stupid, then you're giving me a reason why I agree to such a condition?"
"The reason is...... Uh...... "Paul. Studart stumbled before adding: "We can sign an agreement that the team will not sell Cosworth for 10 years......"
"It's impossible," waits for Paul. After Studart finished speaking, Lin Zheng shook his head. Studart's proposal is simply unrealistic: "No one can guarantee that they will be able to play in the money-burning game of F1 for 10 years, Paul, can you guarantee that?" ā
Paul. Of course Studart didn't dare, he didn't dare to guarantee that he would be able to stay in F1 for another 10 years, nor did he dare to guarantee that he would not choose to cash out some of his assets to raise funds for some special reasons in the next 10 years, after all, 10 years is too long, and the devil knows what will happen?
Not waiting for Paul. Studart replied, Lin Zheng had already continued: "Take a step back, even if you can play for 10 years, you don't dare to guarantee that you will not be short of money in the next 10 years, but ......" Lin Zheng said: "In this way, I will be in trouble." ā
Paul. Studart knew that what Lin Zheng said was true, but the opportunity was rare, and he had been pondering Paul, who had been thinking about buying Cosworth. Studart was almost going crazy, how could he possibly watch such a good opportunity slip away from his eyes?
In the past, the Minardi team, because of the perennial bottom of the results, the team's image has not been able to improve, naturally not many companies are willing to sponsor the team, financial difficulties have become the biggest problem plaguing the team, in order to raise money, Paul. Stoddart has repeatedly emphasised that Minardi's requirements and conditions for selecting a driver are to see if he or she is sponsoring the team with money.
When even basic operating sustaining funds were lacking, Paul. Naturally, Studart didn't dare to think too much, but now, when he finally met Lin Zheng, a big financier, he inevitably had to think a little more: what if the Minardi team had its own engine research and development company like Ferrari?
With the acquisition of Cosworth, the Minardi team can at least become the second Ferrari team, if not the height of Ferrari?
But there is a very serious problem in this, that is, to convince Lin Zheng, if you can't convince Lin Zheng, everything is not to be discussed, Paul. "These backgrounds are hypothetical......
"Hypothetical equals possible," Lin Zheng did not give Paul. Studart saved too much face and sneered: "Okay, since you said so, let's not talk about this issue, let me ask you, how will the cost of maintaining Cosworth's operation be calculated in the next 10 years?" I don't know how much it will cost to maintain such a technology research and development company, but it will never be less than tens of millions of dollars a year, right? Can you afford this money? ā
As soon as Lin Zheng said this, Paul. Once again, Studart was silent.
As an independent engine manufacturer, even if it is just to maintain the normal operation of the company, the annual cost will definitely not be less than 10 million US dollars, even if there are other aspects of income, the amount of funds that need to be invested in the company every year will not be less than 3 million US dollars, this is not counting the development of new products, if you need to develop new products, the amount of funds invested is not fixed at all, but since you want to mix F1, how can you not develop new products?
Paul. It's true that Studart is a billionaire, but his net income is just over $10 million, and to ensure his quality of life, he has to set aside some money for investment, and he has to invest in the team...... For such a billionaire, life is tight, and if there is an extra million dollars a year, it will be very important for Paul. For Studart, it was a stressful expense.
There was silence for a while, Paul. Studart finally spoke: "Lin, tell me about your conditions, as long as I can agree, I will try my best to cooperate with you...... I can see that you actually want to talk about the Cosworth takeover. ā
Paul. Studart is right, Lin Zheng is indeed moved, Vickers Group has the intention of selling Cosworth, this is definitely a surprise for Lin Zheng, such an opportunity is a once-in-a-lifetime opportunity, missed this time, and I don't know if I want to wait until the next time such an opportunity appears, I don't know that I have to wait until the Year of the Monkey.
Subconsciously licked his lips, Lin Zheng gave a thumbs up and praised, "Happy!" Then he continued: "One is the price, which you need to negotiate with the Vickers Group; On the other hand, 10 years is too long, up to 5 years, and if you need to liquidate your assets due to personal financial force majeure, the 5-year contract can be terminated early......"
Paul. Studart interrupted Lin Zheng and asked, "But how do you define this?" ā
"The lawyer will definitely solve this problem."
There was silence for a long time, Paul. Studart finally nodded: "I will talk to the Vickers Group, but there is no guarantee that it will work, and in addition, how to maintain the normal operation of Cosworth in the past few years?" First of all, I can't come up with this money. ā
"The operating expenses for these 5 years are mine, but in return, the shares you hold in your hands will be mine, after 5 years, they will be mine...... I forgot to mention just now that although the acquisition of Cosworth was acquired in the name of the team, since the acquisition funds were provided by me, then during this period of time, then you and Minardi own 50% of Cosworth, but I ask to hold 80% of Cosworth's management and operation rights, no problem, right? ā
Paul. Of course, Studart didn't want to agree, but Lin Zheng's request was reasonable: since I provided the acquisition funds, and the follow-up investment was also taken out by me, then it is natural for me to ask for most of the management and management rights, and you have the ability to pay the money yourself.
I thought about it for a long time, Paul. Studart finally nodded reluctantly: "Okay, I'm fine." (To be continued.) )
ps: I thought I could finish writing at 1 o'clock, but I didn't expect it to be late. r527
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