David Dicker, the person behind Rodin Vehicles, whose F1 entry has been rejected by the FIA, scoffs at $1bn price ticket on groups like AlphaTauri.
His bid rejected, Dicker, who acquired a majority stake in Carlin earlier this 12 months, continues to be trying to enter the game, however baulked on the asking costs at present being bandied round.
“Nicely, I did have some talks about shopping for AlphaTauri, however the worth is commercially unviable so far as I may perceive it,” he tells Racer.
“You have nonetheless received to have a look at these items in business phrases,” he provides. “The F1 guys are consultants on the motorsport aspect, however on the enterprise aspect, I am not so positive.
“I’ve had a number of folks speak about this and that, however nothing tremendously concrete. I do have a few issues that I’d get a bit extra information on within the subsequent week or two about some potentialities, however the worth proposition is weak.”
“I might purchase a staff if I assumed there was a viable route,” he admits, “however paying $800 – $900 million would most likely not be thought-about commercially viable. However you understand, simply received to see if there’s potentialities.
“I made a mistake when Williams was on the market as a result of I may have purchased that fairly simply,” he reveals. “I did not learn the strategic panorama accurately on that with the best way we made the bid, which in hindsight, was clearly a mistake. However there it goes.
“I had numerous talks with Williams about shopping for Williams, noticed all of the numbers and sat by shows and made them a proposal and every part, and I’ve had a number of guys speaking about different groups occasionally. Principally Sauber and Haas, which have kind of been on and off the marketplace for years, and will have most likely been purchased for a lot decrease numbers that made much more sense. Like I mentioned, I most likely screwed that up.”
With the groups sticking to their weapons, decided to revenue from the valuations the game’s homeowners have positioned on them, despite the fact that extensively disputed, although disillusioned at his bid to enter F1, Dicker hasn’t given up solely.
“I do have a challenge that I am engaged on,” he says. “It is fascinating and thrilling, however I am unable to speak about it fairly but, as a result of I have not fairly received it. However let me put it this fashion, I am fairly pissed off about not entering into Components 1, so I am not simply going to go away and sulk.
“That is simply the best way I’m. I imply, you wish to do issues, and that is what life’s about. You simply attempt to do them. And if you cannot do it a technique, then search for one other manner, or different methods, of doing issues.”