America's Road To Wealth Chapter 242

  Chapter 242 layout NBA and F1

  In addition to what Alan Baker said.

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

  In the data, Alan Baker listed the expenses of the eleven F1 teams last year.

   In 2000, the number one Ferrari team spent about $160 million a year (not including engine expenses).

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

   It was also the team that spent the most last year.

   The Williams team, which ranked ninth, spent $85.5 million last year.

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

  The lowest salary among F1 drivers is the driver of the Toyota team, which is 500,000 US dollars.

  In addition to these daily expenses.

   There are more expensive vehicle maintenance, vehicle research and development, and the money for F1 car production.

   An F1 Ferrari race car costs almost 1 million pounds.

   Among them, the cost of engine, gearbox, body and electronic system is the most expensive.

  Another F1 car needs 21 people to complete the race together.

  It usually takes 6 to 12 seconds to refuel the car and change the tires. At the level of the F-1 team, through the cooperation of the team, the tire can be changed and the 60 liters of gasoline can be filled within 7 seconds.

  The consumption of these personnel and accessories is also staggering.

  After a race is completed, the cost of tires alone can sometimes be as high as tens of thousands of dollars.

  Finally, playing F1 racing team, there is one of the most expensive things.

   That is the research and development of the racing car, and the investment in it is even more exaggerated.

  Like 1998, the McLaren team's car research and development expenses alone reached 75 million US dollars.

  A team participates in 20 races a year.

   If the cost of research and development is included, the cost of an F1 racing car will be 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 small workshop-style racing research and development in the past has been difficult to support the advancement of racing technology.

  Backed by big car companies and supported by stronger scientific research capabilities, the racing car will be more advanced and have more advantages on the track.

  This is why Ferrari has been ranked at the forefront of F1 competitions for a long time.

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

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

  Don't mention the Bugatti Veyron.

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

  In terms of influence, or sales, or other aspects, it is not comparable to Ferrari or Lamborghini.

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

  After reading these materials. Abel also had a rough idea of ​​the cost of raising an F1 racing team.

   If the research and development expenses are not included, the annual cost of a Formula 1 team is about 100 million to 150 million U.S. dollars.

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

  Thinking of this, Abel knew that he was going to set up a racing research laboratory.

  This is relatively simple. There are many ready-made personnel and experts in Europe.

   R&D teams like Feijian Racing Team and Prost can get it directly.

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

   Also in terms of engines, although the technical content of F1 car design is higher.

  But because mass production and cost are not considered.

  The difficulty of producing an F1 racing car is much lower than building an ordinary car that can be sold in the market from the beginning to the end.

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

  In addition to the necessary life-support equipment for the driver, the only thing that needs to be considered in F1 racing cars is speed.

  acridine's car body doesn't even have an air conditioner, and even the engine is almost a one-time consumable.

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

   There are also automobile companies in the United States.

  General Motors and Ford Motor Group still have the strength in engine technology.

  Abel's idea is to bring the scientific research team of Prost and Feijian Racing Team directly to the United States.

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

  Finally formed his own F1 formula scientific research team.

  This scientific research team may not be needed this year.

   This year's F1 American Grand Prix is ​​half a month away and will be held soon.

   This one will never catch up.

  This season this year, if the entire team can be bought, there is a high probability that it will only fail.

   Whether or not they can get a ranking is already a matter of next year.

  Abel has already made up his mind.

  If you can successfully buy these two teams.

   He'll call one of them “Tesla Fleet.”

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

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

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

   It is also possible to add more "F1 pedigree" and "Formula Racing DNA" in the slogan.

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

   As for another team, he plans to name it "MGM".

  Among Abel's companies, these two companies need the most popularity and publicity.

  An entertainment tycoon with his own F1 team will have a lot of face in Hollywood if he talks about it.

   And presumably those Hollywood stars are also willing to take a look at the heat of Formula 1 racing.

   In turn, the FIA ​​officials are probably willing to get involved with Hollywood.

  Both Hollywood and F1 need popularity and exposure.

   Acquired the F1 team, and the people with their own advisory group were busy.

  Abel's attention came back to USD/NOK.

  Smith Building.

  In the trading hall on the fourth floor.

  May 22nd.

   It has been a week since Smith Capital entered the market.

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

   In other words, a week has passed.

  The Norwegian krone, which had been on the rise, was abruptly restrained from its upward trend.

   This currency exchange, which was originally not a big market, has become increasingly large as the stalemate between the long and the short sides.

  At this time, there are definitely not only Smith Capital and Neon People who are facing gambling here.

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

   "I think there must be other agencies in."

  Abel nodded and said:

   "You're not mistaken. Exactly. Lehman Brothers, Merrill Lynch and Bear Stearns, at least three of them have entered the market."

   "So sure?" David was curious.

  If David was not in the safe house state, with his channels and connections, he could have detected similar information.

  David is now in the safe house state, unable to communicate with the outside world, so there is no way to help Abel with intelligence.

  Abel smiled: "Don't forget, I am now a director of four of the five major investment banks."

   "Oh~" David suddenly realized. "Well, then it should be one of them, someone revealed this information to you. It seems that this information is indeed true."

  Abel smiled and did not respond, but it was not someone from the four major investment banks where he was a director who disclosed the information to him.

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

  Paulson quietly called Abel and told him to be careful of these three investment banks.

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

  Goldman Sachs did not join.

   When he was about to hang up the phone at the end, Paulson only said one cryptic word: "Say hello to Texas for me."

  Although Paulson's phone call, the information disclosed may be false, and it may be to cover up Goldman Sachs' subsequent entry.

   But Abel believes that Paulson did not lie to himself, at least in the matter of the entry of three other investment banks.

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

  Analysed from various aspects, at least this part of Paulson's disclosure should be true.

   When chatting with David, Abel also said these things.

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

  David thought for a while, and said calmly:

"Boss, I think this is the situation now. There may be more than these three investment banks entering the market, and there must be more institutions entering the market. Currently, there are more than 1.2 million USD/NOK position contracts on the market. Yes. With such a large amount of funds, there will never be less than ten institutions entering the market."

   Abel agreed with David's judgment.

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

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

  Abel is through talent.

   "Boss, what's our next strategy? Is it still 10,000 hands per day?" David said.

  Smith Capital currently holds a total of 180,000 lots of USD/NOK long orders.

   "Forget it." Abel shook his head, "Stop building positions, and currently only hold this number of positions. Wait for my order."

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

  Abel's subsequent order stunned David.

   "Release the safe house status?" David wanted to confirm again.

   You should know that this is Smith Capital, the first time that the financial safe house status has ended before the investment ends.

  In the past, every time I entered and exited the safe house, I did it after harvesting leeks.

   "There is nothing wrong. Since they have stopped opening positions, there is no need to continue to maintain them."

   "This is my order." Abel said lightly.

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

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

  This guy. Abel wants to ask David Mellon if he has read too many Neon Zhonger comics recently.

  Abel felt that David was getting more and more secondary.

  May 23rd.

  USD/NOK is in a strange state.

  It has been oscillating in the fluctuation of 7.6050-7.6100.

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

  Yesterday, there were still 1.2 million lots, with a capital of about 120 billion US dollars.

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

  The amount of funds is about 150 billion US dollars.

  This weird situation made the Norwegian government and banks, which had been watching from the sidelines, panic a little.

  If the amount of funds and contracts continue to pile up, they will reach an amount that Norway and Norwegian krone cannot bear.

   Once it collapses, the result will be very unfavorable to Norway no matter what it is.

  The Norwegian government and Norges Bank wanted to make a move, but the market looked turbulent and confusing, and they didn't dare to end it.

   Have to continue to wait and see.

  In this weird 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 China.

  The height of this Chinese guest is exaggerated, as much as 2.26 meters.

  The Chinese guest was wearing a well-fitting suit that looked weird because it was too big. He sat across from Abel, acting a little reserved.

   "Hey, yaoming, right?" Abel looked at the young Chinese giant in front of him, and he greeted with a smile: "How about I just call you Yao from now on?"

   "Of course." The little giant on the opposite side said stiffly and politely: "You can call me whatever you want, and I can accept it."

   "Your English is very good." Abel smiled.

"thanks."

  The giant with a height of 2.26 meters saw the ghost in front of him speak so friendly and have such a gentle attitude.

  The little giant breathed a sigh of relief.

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

   As early as 1998, he was selected for the China Basketball National Team.

  The little giant participated in the 1999-2000 China Men's Basketball League A, and his team won the second place.

  He personally won three individual awards in the 1999-2000 season of the China A League for rebounds, dunks, and blocks.

  In September last year, Little Giant participated in the men's basketball competition of the 27th Olympic Games held in Sydney, and won the tenth place with his teammates.

  Probably at that time, the little giant had the idea of ​​coming to the NBA to develop.

  He started to make preparations, such as learning English.

  According to the little giant's thinking, it may take two or three years before he has any hope of going to the NBA to try.

  The little giant never expected that someone would find him at the beginning of this year.

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

  In the giant Yao Xianglai, how could the NBA notice him so quickly.

   But then the other party found several big shots, and under the guarantee of the big shots, the giant Yao learned the sincerity of the other side.

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

   is only one month away from the NBA draft this year.

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

   After arriving here, the giant Yao knew that he could come to the NBA ahead of schedule.

  Because on the American side, a big man knew of his existence and asked him to come here by name.

  Knowing this, the giant Yao, whose English is already good, secretly checked the information of this big man.

   It's okay if you don't check, this check surprised the giant Yao.

   It turns out that the big man who invited me here is so famous in the United States, and he is very rich.

   Even the owner of an NBA team!

  The opponent just wanted me to play on his team, so they got me here in advance.

   This made the giant Yao feel uneasy.

  The little giant with a gentle personality is a little worried that he will live up to the favor of the big shot, and also worried that he will not be able to join the big shot's team.

  Simple, he thought, since this big man brought him here, he wanted to help him play.

   Then I should help this big man play well.

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

  Giant Yao saw the real person of this great man for the first time.

  After seeing the appearance of this great man himself, the giant Yao's first impression was—

  Damn it, this ghost is so handsome, he looks even more handsome than Xiao Lizi!

  The second impression is—

   This ghost looks really young, even younger than in the newspaper. Is he really that rich and powerful?

   Amidst 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 Dayao let go of his formality and nervousness a lot.

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

  Dayao has been confirmed to participate in this year's NBA draft, and there is only one month left.

   Logically speaking, you cannot meet Abel.

  But Abel doesn't care, the worst is just a fine.

  David Stern can guarantee that other team owners and teams will never contact rookies before the draft?

   In addition, it is obvious that Abel Smith joined the NBA, which is bound to bring greater attention to the NBA.

   This is a good thing for the NBA.

  If it wasn't really unreasonable, David Stern might have agreed to Abel's idea of ​​buying two teams

  So don't say that Abel doesn't care about such trivial matters.

  Even if it was leaked out, David Stern would definitely cover up for Abel.

  Dayao also knew about this rule.

  But in Dayao's view, the big man has the grace to know him.

  Besides, it's impossible for NBA officials to find out if they came secretly.

  In addition, Dayao's economic contract is also signed with CAA. Once Dayao is encouraged by his agent, he will not be afraid of this little ban from the NBA.

  caa's agent has said it all, it's a small problem, don't be afraid!

   This is how the two met today.

   After exchanging pleasantries, the two officially started the conversation.

  (end of this chapter)

Chapter end