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Does Caddy need to be in ALMS or F1?

Old Apr 29, 2003 | 07:02 PM
  #16  
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Originally posted by Eric Bryant
Part of me wants to agree with you. And then part of me looks at Ferrari, who sells 3000 cars a year, and says that GM ought to throw a bit of their weight at this series in a serious way.
Ferrari only directly funds one sports car series ( atleast I do not believe they fund the ALMS team), and that is F1. They pour all their racing budget into F-1, and have all the best people and drivers there are. It would takes years for GM to even come close to being competitive if they put alot of money into it. Ford tried F-1 through Jaguar, and look how successful they've been. Let's face it, GM sees the most bang for their buck in NASCAR ALMS, and touring car series is the cheapest way to get the namettag out there along with easy success.
Old Apr 29, 2003 | 11:16 PM
  #17  
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You will see CTS in roadracing very soon.
Old Apr 29, 2003 | 11:31 PM
  #18  
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Originally posted by DavidGP
So if you factor that on average, a ferrari car cost $160,000 x 3000, you got $480,000,000.
$160,000 is base price for the 360 series. Then you get into the 456GTS and the 575 that push $200,000 easily all the way up to $300,000. Throw in a few half-mil F50s and now Enzos and BOOM! More money!
Old Apr 30, 2003 | 12:15 AM
  #19  
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Im sure one of the largest companies in the world could come up with the funding to make a decent team and match it with a good driver if they really wanted to.
Old Apr 30, 2003 | 06:49 AM
  #20  
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OK, since everyone took my tongue-in-cheek Ferrari comment way too seriously, then how about Honda, Toyota, Ford, Mercedes, BMW, and Renault? If all of those companies can afford F1, then why can't GM? I mean, come on - Renault competes, guys (and has some history of doing very well, just not in the past few years). And look at the payoff that's come in the form of production-viable technology (especially Honda, who's learned and applied a huge amount from their F1 experience).
Old Apr 30, 2003 | 10:35 AM
  #21  
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Re: Does Caddy need to be in ALMS or F1?

Originally posted by Chuck!
If Caddy is going to compare their cars to the likes of German powerhouses, and possibly beyond, do they need to have a strong presence in one of those? I assume they pulled out of ALMS because of cost, but they finally got a podium and were headed in the right direction, it seemed like their investment was starting to pay off then they just threw in the towel.
Typical of GM's factory racing efforts over the years. I am so glad they've stuck with the current Corvette endurance racing program and been a great success.

Caddys have had racing success almost by accident over the years--the Pan American races, the Allards with Caddy engines. I think if Caddy is serious about losing it's old, octogenerian barge image, and selling cars overseas, it needs to race.

F1 is too expensive and not really the image I think they need. They need to stick with ALMS/LeMans--they were so close--and also put the CTS or CTS-V in a good touring car series; and in both cases, stick around as long as it takes for them to win the series and use the racing as a big marketing tool during and after the process. Once they've won, they can pull out for a while if they want and save some dollars, but to pull out before they've won may be worse than doing nothing. Knowledgable customers want to see a commitment to winning, just like they want to see a commitment to customer service and quality. You can't do that overnight, by definition.
Old Apr 30, 2003 | 01:42 PM
  #22  
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OK, since everyone took my tongue-in-cheek Ferrari comment way too seriously, then how about Honda, Toyota, Ford, Mercedes, BMW, and Renault?
Renault, Manardi, Honda, jaguar and many of the other players in F1 are struggling because it is soo damn expensive to maintain a team of drivers, crew, engines and the cars. F1 has many rules and regulations that cost the team lots of money. It costs a team about $20mill a season for the engines alone. If a lot of these teams dont start winning. They will not be around for long. Many changes are currently taking place with F1, in effort to minimize costs to allow independent companies a chance to survive as the manufacturers come and go.
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