More important is wether any TV or on line broadcastsdealswill happen,no word yet in Aussie or wetherany NZ channels will pick it up, I see Sky have got the NZV8 s & TRSbut not live .Guess Prodrives 'purchase of AM from fordput big hole in thierbudget .
attitudedesignz,
Jan 5, 4:10pm
Incorrect, Prodrive had no financial involvement in the deal so i don't see how that would put a "big hole in their budget"
A little research does wonders.
elect70,
Jan 6, 2:10pm
^^^The article stated that Richards /Prodriveled a billion $ consortium in2007that bought AM from ford.
attitudedesignz,
Jan 6, 2:31pm
Yes but it doesn't say Richards OR Prodrive had any finacial stake though does it! It actually states the opposite.
On 12 March 2007, a consortium led by Prodrive chairman David Richards purchased Aston Martin for £475m (US$848m). The group included American investment banker John Singers and two Kuwaiti companies, Investment Dar and Adeem Investment; Prodrive had no financial involvement in the deal. Ford kept a stake in the company valued at £40m (US$70m). In late 2012, Investment Dar reviewed its stake, with Mahindra & Mahindra emerging as a potential bidder for as much as half of Aston Martin. Instead, Italian private equity fund Investindustrial signed a deal on 6 December 2012 to buy 37.5% of Aston Martin, investing £150 million as a capital increase. This was confirmed by Aston Martin in a press release on 7 December 2012.
3tomany,
Jan 7, 6:50am
if anything the wrc mini debacle would have caused prodrive to require some funds
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