Qatar going out of business sale
11-08-2015, 07:04 AM
#11
Registered
I am fairly sure, that while $$ input through oil revenue is significant, the family(s) behind the race team are rock solid. I think you'll find they have massive property developments in Qatar including several high rise hotels, condos, town houses, shopping precinct and a boat marina.
No need to start a charity drive for them, it's just disappointing for the sport to see a strong contributor withdraw.
RR
No need to start a charity drive for them, it's just disappointing for the sport to see a strong contributor withdraw.
RR
Platinum Member
11-08-2015, 09:01 AM
#14
Its like any other businesses its return on investment. These people don't become rich by being stupid. Without some kind of return on their investment the bleeding has to stop, and thats all they are doing. From what i have seen, they were all of the place with classes and boats. I think if they focus on one class it would of been a lot more affordable. It's hard to justify building a turbine that a class does not even exist for and spending millions. They had a super cat, and unlimited, and a turbine, on top of that they try to justify spending the money to promote and offshore organization. I don't care how much money you have again it goes back into the bucket of smart business and return on your investment.
11-08-2015, 09:44 AM
#16
Its like any other businesses its return on investment. These people don't become rich by being stupid. Without some kind of return on their investment the bleeding has to stop, and thats all they are doing. From what i have seen, they were all of the place with classes and boats. I think if they focus on one class it would of been a lot more affordable. It's hard to justify building a turbine that a class does not even exist for and spending millions. They had a super cat, and unlimited, and a turbine, on top of that they try to justify spending the money to promote and offshore organization. I don't care how much money you have again it goes back into the bucket of smart business and return on your investment.
11-08-2015, 10:04 AM
#18
Correspondent
Correspondent
An unusual chapter in offshore racing is closed, http://speedonthewater.com/in-the-ne...ssets-for-sale.
A little more detail.
A little more detail.
Last edited by Matt Trulio; 11-08-2015 at 10:07 AM.
11-08-2015, 10:04 AM
#19
What do you think the goal was for the Qatar Cup,
