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06-10-2011, 03:05 PM | #1 | ||
FF.Com.Au Hardcore
Join Date: May 2011
Location: Vic, Ormond
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Hey!
I have an assignment due at uni, and i have chosen to do it on how the V8 Supercars are kept competitively in balance. I have already discussed the mechanical and technological strategies and but i cant find much info on how gate revenue is shared or how teams earn money, and if its regulated. Thanks, any info would be appreciated!
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06-10-2011, 09:33 PM | #2 | ||
Regular Member
Join Date: May 2009
Posts: 241
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Pffff I think Tony cochrane gets all the gate takings!!!
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06-10-2011, 09:37 PM | #3 | |||
IWCMOGTVM Club Supporter
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,799
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Quote:
Actually until the deal recently the teams owned most of V8SC's. So things like going to the middle east was quite profitable for the teams. But not sure how it all goes now with the new deal as the teams pretty much sold their share.
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06-10-2011, 09:42 PM | #4 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
Location: Newcastle
Posts: 3,246
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Do a search on Archer capital finance. They are an Aussie mob who bought the controlling stake in V8Supercars.
Effectively teams previously had 75% stake and SEL a 25% stake. It is now approx 40% for the teams and 60% for Archer. Cochrane retained 1-5% for himself apparently. http://www.foxsports.com.au/motor-sp...-1226057416331 http://www.theroar.com.au/2011/05/18...ional-thunder/
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06-10-2011, 09:36 PM | #5 | ||
Join Date: Dec 2004
Location: Sidonee
Posts: 1,062
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I do not know about the gate takings, as this would most likely only cover the event hire, staffing and insurances. All the big money is in the TV broadcast rights. The teams also make money with merchandising and sponsorship.
I am sure if you do some Googling, you can find out more, or email v8 supercars Oz.
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Fordless..... |
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06-10-2011, 09:38 PM | #6 | ||
FF.Com.Au Hardcore
Join Date: Feb 2007
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Profits are distributed evenly to each REC holder, probably all changed now but before TEGA (the teams) owned 75% of V8 Supercars while IMG/SEL (Cochrane) owned 25%
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06-10-2011, 10:11 PM | #7 | ||
Banned
Join Date: Mar 2011
Posts: 455
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Each REC gets a guaranteed dividend every year, level 1 RECs get more than level 2.
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06-10-2011, 10:23 PM | #8 | ||
FF.Com.Au Hardcore
Join Date: May 2011
Location: Vic, Ormond
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Thanks guys helped a heap, don't know where i would be without this forum and the people on here!
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WTB. Black BF front door trims, BF wagon books, terry ducting.
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