In addition to what Alan Baker said.

Later, Abel also got some F1 information compiled for him by the advisory group.

In the document, Alan Baker lists the expenses of the eleven F1 teams last year.

&0 years, the number one Ferrari team, spent about $160 million a year (not including engine costs).

With Schumacher's Ferrari team, it can be said that it is a standard top-three team.

It was also the most expensive fleet last year.

The Williams team, which is in ninth place, spent $85.5 million last year.

In addition, Ferrari driver Schumacher's salary is currently the highest among F1 drivers, with an annual salary of about $35 million.

The lowest paid F1 driver is a Toyota racing driver at $500,000.

In addition to these overheads.

There is also more expensive money for vehicle maintenance, vehicle research and development, and F1 car production.

An F1 Ferrari car costs almost £1 million.

Among them, the engine, transmission, body and electronic systems are the most expensive.

Another F1 car requires 21 people to complete a race.

It usually takes 6 to 12 seconds to refuel the car and change the tires. At the level of an F-1 team, a tyre change and 60 litres of petrol can be filled up in less than 7 seconds.

The consumption of these personnel and accessories is also staggering.

After a race, the cost of tires alone can sometimes reach tens of thousands of dollars.

Finally, playing the F1 team has one of the most expensive gadgets.

That is the research and development of racing cars, and the investment in this is even more exaggerated.

In 1998, for example, McLaren Racing spent $75 million on the development of racing cars alone.

A team competes in 20 races a year.

If you take into account the cost of this research and development, the cost of an F1 car is even more exaggerated.

This is also the reason why those racing teams with large car companies behind them will become more and more mainstream in the future.

Because with the development of technology, the research and development of racing cars in the past is no longer able to support the progress of racing technology.

Backed by large car companies and supported by stronger scientific research strength, the racing car can be more advanced and more advantageous on the track.

That's why Ferrari has long been at the top of the list in Formula 1.

In addition to having money and daring to spend money, the mechanical technology of its racing cars is indeed very strong.

No matter what people say, it is also the best-selling supercar on the planet, and the number one sports car in the minds of most people.

Don't mention the Bugatti Veyron.

In the eyes of many people, it is a luxury and ultra-luxury car-type toy.

In terms of influence, or sales, or anything else, it can't compare to Ferrari or Lamborghini.

It can only rely on Volkswagen's technical strength, relying on the two titles of "most expensive" and "fastest" to mix in sports cars.

After reading these materials. Abel also has a general idea of the cost of raising an F1 racing team.

Excluding R&D expenses, the annual cost of an Formula 1 team is about $100 million to $150 million.

This does not include R&D expenses, and if R&D expenses are calculated, there is no upper limit.

Thinking of this, Abel knew that he was going to build a racing laboratory.

It's relatively simple, there are a lot of people and experts available in Europe.

R&D teams like the Flying Sword Team and Prost can be directly obtained.

Even if they are a little backward, they also have a certain foundation, which can save basic research and development.

And in terms of engines, F1 cars are designed to be more technical, albeit more technological.

But because no

Consider mass production, not consider the cost of reasons.

It's much less difficult to produce an F1 car than it is to build a regular car from start to finish that can sell well in the market.

Because the production of ordinary cars, the consideration is how to produce the most beautiful, the best to drive, and the most functional cars at the lowest price.

In addition to the necessary driver support equipment, the only thing to consider in a car race is speed.

There is no air conditioning on the body of the car, and even the engine is almost a one-time consumable.

Study them, as long as you are willing to burn money, you can get results in a very short time.

And in the United States, it's not that there are no car companies.

General Motors and Ford Motor are still two groups, and the engine technology strength is still there.

Abel's idea is to bring Prost and the scientific research team of the Flying Sword team directly to the United States.

Then find a way to find some experts who specialize in engines in the two domestic automobile groups in the United States.

Finally, they formed their own F1 formula research team.

This scientific research team is estimated to be useless this year.

This year's F1 in the United States is still half a month away, and it will be held.

This one definitely can't catch up.

This season, if the whole team can buy it, there is a high probability that it will only be rotten.

Whether we can get the ranking or not, that's already next year.

Abel had already thought about it in his heart.

If you can buy these two teams.

He would name one of them "Tesla Team".

This fleet was directly raised by the "Tesla" company.

Strive to achieve a good ranking in a few years, and be able to have a certain reputation in the world.

In that way, when Tesla's electric car is launched in the future.

You can also add more "F1 blood" and "formula racing DNA" to the advertising slogan.

When the electric formula appears in the future, the Tesla team can directly lead the trend and become the most beautiful boy in F1.

As for the other team, he is going to name it MGM.

Mainly in Abel's company, these two companies need visibility and publicity the most.

An entertainment giant with its own F1 team will also have a special face in Hollywood when it comes to it.

And presumably those Hollywood stars are also willing to rub off on the popularity of Formula 1 cars.

In turn, the FIA official is probably willing to have something to do with Hollywood.

Hollywood and F1 are both things that need heat and exposure.

Buying an F1 team, people with their own advisory group are busy.

Abel's attention returned to USD/NOK.

Smith Building.

In the trading hall on the fourth floor.

May 22nd.

It's been a week since Smith Capital entered the market.

The USD/NOK exchange rate has been fluctuating between 7.6050-7.6100.

In other words, a week passed.

The Norwegian krone, which had been rising, was forcibly suppressed from its upward trend.

This currency pair, which was originally not very large, has become more and more large with the stalemate between the bulls and bears.

At this time, there are definitely more than two institutions facing gambling here, Smith Capital and Neon People.

"This market is very abnormal." In his office, David said to Abel:

"I think there must be other institutions coming in."

Abel nodded and said:

"You're not mistaken. Indeed it is. Lehman Brothers, Merrill Lynch and Bear Stearns, at least all three of them have already entered."

"Is that so sure?" David was curious.

If David hadn't been in the safe house, he would have been able to probe with his channels and connections

Similar information was found.

David is now in a safe house, and he has no way to contact the outside world, so he can't help Abel in terms of intelligence.

Abel smiled, "Don't forget, I'm now a director of four of the big five investment banks."

"Oh~" David suddenly realized. "Well, then it should be among them, someone leaked this information to you. Then it seems that this information is indeed true."

Abel smiled and didn't respond, but in fact, it was not someone from the four major investment banks where he had the status of a director to disclose this information to him.

It was actually Paulson, the CEO of Goldman Sachs, who told Abel this information.

Paulson quietly called Abel and told him to watch out for the three investment banks.

At the same time, it was made clear that Goldman Sachs was either in the last USD/JPY or this USD/NOK.

Goldman Sachs did not join.

When he finally hung up, Paulson said something vague: "Say hello to Texas for me."

Although Paulson's phone call, the information revealed may also be fake, possibly to cover up Goldman Sachs' subsequent entry.

But Abel believes that at least when it comes to the entry of three other investment banks, Paulson has not lied to himself.

Tell Abel about the entry of these three investment banks.

Under normal circumstances, Abel would obviously put most of his vigilance on these three companies.

In that case, if Goldman Sachs really wants to enter the market halfway, it will also have some advantages.

From all sides, at least this part of Paulson's revelation should be true.

While chatting with David, Abel also told him about these things.

However, he did not say that Paulson said it, but pushed it to his status as a director of the big four investment banks.

David thought for a moment and said calmly:

"Boss, I think that's the case now. There may be more than these three investment banks entering the market, and there must be more institutions entering the market. At present, there are more than 1.2 million USD/NOK positions on the market. With such a large amount of funds, there will definitely be no less than 10 institutions entering the market."

Abel agrees with David's judgment.

Talent had already told Abel about this long before David uttered this guess.

The difference is that David made such judgments based on experience and knowledge.

Abel is through talent.

"Boss. What's next for us? Or 10,000 hands a day?" David said.

Smiths Capital currently holds a total of 180,000 lots of USD/NOK long positions.

"Forget it." Abel shook his head, "Stop opening positions, only hold this number of positions at the moment. Wait for my orders."

After thinking about it, Abel added, "By the way, by the way, the safe house status will be lifted. You can go home and rest. In the short term, there won't be much change in USD/NOK."

Abel's later order made David stunned.

"Removal of safe house status?" David wanted to make sure again.

This is the first time that Smith Capital has ended its financial safe house status before the investment closes.

In the past, every time I entered and ended the safe house, it was done after the leeks were harvested.

"That's right. Since they have no positions, there is no need to continue to maintain them."

"This is my command." Abel said lightly.

David didn't have any ideas, he just wanted to make sure.

"Understood." David said, "My king, we will only follow your will."

This guy. Abel wants to ask David Mellon if he has watched too many neon comics recently.

Abel felt that David was getting more and more second.

May 23rd.

USD/NOK is in a strange state.

It has remained oscillating in the 7.6050-7.6100 range.

There are more and more funds piled up on the plate, and the number of lots is increasing.

Yesterday, it was still 1.2 million lots, about 120 billion US dollars.

At noon today, the number of hands has come to about 1.5 million.

That's about $150 billion.

This strange situation made the Norwegian government and banks, which were originally watching from the sidelines, also panicked.

If the amount of funds and contracts is piled up to a volume that Norway and NOK cannot afford.

If it collapses, the consequences will be very bad for Norway in every way.

The Norwegian government and Norges Bank wanted to do it, but the market looked confusing, and they didn't dare to do it.

I had to wait and see.

In the strange state of USD/NOK.

Abel was in the brandy restaurant where he had dinner with Little Laura and Li Xinyu last time.

Abel received a guest from Huaxia.

This Chinese guest is very exaggerated, with a height of 2.26 meters.

The Huaxia guests were dressed in suits that looked weird because they were too big, and sat opposite Abel, behaving a little restrained.

"Hey, right?" Abel looked at the young little Chinese giant in front of him, and he greeted with a smile: "How about I call you Yao directly in the future?"

"Absolutely." The little giant on the other side said solemnly and politely, "You can call me whatever you want, and I can accept it."

"Your English is very good." Abel smiled.

"Thank you."

The giant, who is 2.26 meters tall, saw that the ghost in front of him spoke so kindly and had such a gentle attitude.

The little giant breathed a sigh of relief.

The little giant is a Chinese man, twenty-one years old this year.

As early as 1998, he was selected for the Chinese national basketball team.

Little Giant participated in the Chinese Men's Basketball League A in 0 years, and his team won the second place.

He personally won three individual awards for rebounds, dunks and blocks in the 0 season of the Huaxia League A League.

In September last year, the little giant participated in the men's basketball competition of the XXVII Olympic Games held in Sydney, and teamed up with his teammates to finish tenth.

It was probably at that time that the little giant had the idea of coming to the NBA to develop.

He began to prepare, for example, by learning English.

According to the little giant's idea, it may be two or three years before he hopes to try it in the NBA.

The little giant definitely didn't expect that at the beginning of this year, someone would find him.

At first, the giant Yao didn't believe it at all, and thought he was a liar.

In the giant Yao thought, how could the NBA notice itself so quickly.

But then the other party found a few big shots, and under the guarantee of the big guys, the giant Yao learned the sincerity of the other party.

Then in March of this year, he officially received an invitation to this year's NBA draft.

This let the giant Yao know that he can really go to the NBA to develop.

Then he took care of domestic affairs with the help of big shots.

With only a month to go until this year's NBA draft.

He flew over in advance to adapt to the climate and jet lag here.

After arriving here, Giant Yao knew that he could come to the NBA early.

It's because on the side of the United States, there is a big man who knows about his existence and deliberately names him to come over.

After knowing this, Yao, a giant who was already good at English, secretly checked the information of this big man.

It's okay not to check, this check surprised the giant Yao.

It turned out that this big man who invited him over was so famous in the United States, and he was very rich.

Even the owner of an NBA team!

The other party just wanted to let him play on his team, so he got himself over in advance.

This made the giant Yao feel apprehensive in his heart

Come.

The little giant with a gentle personality is a little worried that he has lived up to the favor of the big guys, and he is also worried that he can't go to the big guys' team.

He was simple, and he thought that since it was this big man who got him over, he wanted to let him help play.

Then I should help this big man play well.

Today, this big man invited the giant Yao to come over for dinner.

Giant Yao meets the real person of this big man for the first time.

After seeing the appearance of the big man himself, the first impression of the giant Yao was-

, this ghost guy is so handsome, he looks more beautiful than Xiao Lizi!

The second impression is -

This ghost guy looks really young, younger than the newspaper, is he really so rich, so powerful?

In a fit of restraint and curiosity, the giant Yao started the conversation with the other party.

After a simple greeting, the giant Yao found that the big man was surprisingly gentle, which made Da Yao's restraint and nervousness let go of a lot.

In fact, according to NBA regulations, before the draft, the owner of the team is not allowed to contact any rookie players.

Da Yao has already confirmed his participation in this year's NBA Draft, and there is only one month left.

It stands to reason that you can't meet with Abel.

But Abel doesn't care, it's just a fine.

Can David Stern guarantee that other team owners and teams will never reach out to rookies before the draft?

It's also clear that Abel Smith is joining the NBA, which is bound to bring more attention to the NBA.

That's a good thing for the NBA.

If it weren't for the fact that it really doesn't make sense, David Stern might have agreed to Abel's idea of buying two teams

So this kind of trivial matter, don't say that Abel doesn't matter.

Even if it is really leaked out, David Stern will definitely cover it up for Abel.

Da Yao's side also knows this rule.

But in Da Yao's view, the big man has the grace of knowing himself.

Besides, if you come secretly, it is impossible for the NBA officials to find out.

In addition, Da Yao's economic contract is also signed AA, and Da Yao is instigated by his agent, so he is not afraid of this small ban of the NBA.

&'s agents have said, a small problem, don't be afraid!

That's why the two met today.

After the greetings, the two officially began a conversation.