Automotive Black Technology Chapter 1572: :Buy the team and sell the engine


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Claire's thinking is a little bit behind.

As a British aristocrat, it's not like she has never seen wealthy children with substantial family assets. It was not like she had never seen those arrogant and domineering upstarts before, but this was the first time she had seen Li Fanyu's handiwork.

As a publicly traded team, it is normal for Williams to be interested in the team's shares. In fact, over the years, many people have bought shares in the team out of the market performance of this old F1 team or simply out of sentiment.

But what is Li Fanyu?

Claire made an apology gesture to everyone, picked up the coffee pot on the floor, and called the cleaning staff to come in and clean up the card fee stains on the floor.

After using wet wipes to clean the players, he asked doubtfully: "Mr. Li, can I ask why you want to acquire shares in the team?"

Li Fanyu held the only cup of coffee in the room and smiled: "Of course it is to let the Williams team surge into Zhengxin's engine. Theoretically, if you hold 51% of the shares of the Williams team, Then I can reorganize the board of directors and replace the Mercedes-Benz engine with a Zhengxin engine, right?"

Claire has been shocked and speechless by the wealthy man in front of her.

In order to do the engine business, I bought half of the fleet...

There are still people doing this kind of business?

You know, although the current market value of the Williams team continues to decline, even so, the market value is nearly 500 million pounds!

Although F1's engine supply is a big business, it is still a limited number. Each F1 team consumes nearly a hundred engines approximately every year through team training, practice qualifying and the race. The total expenditure in this part accounts for approximately 20% of fleet expenditure.

Putting it on the Williams team, it is about more than 40 million pounds.

Even if the profit of each engine is 20%, then through this business, Li Fanyu can only earn a mere eight million pounds.

For the annual profit of more than 8 million pounds, spend more than 200 million to buy 50% of the equity of the team?

Claire had to re-examine the young rich man in front of her who owned Rolls-Royce, Bentley and the actual controller Actis Group in the UK.

How have you earned your money over the years?

Claire muttered in her mind.

As if he had read Claire's inner thoughts, Li Fanyu smiled slightly and said, "Sir, please don't look at me like that. I'm not crazy."

"But I don't quite understand your thinking. Sorry, sir. It's not that I doubt your investment vision. In fact, I am also very happy that the Williams team can win your favor, but there is one thing I don't quite understand. Yes, what benefits will it bring to you by doing this, I mean acquiring the shares of the team?”

Li Fanyu shrugged, "There are many benefits. For example, I can immediately enter my engine into F1. For example, I can improve the team's performance by adapting Zhengxin's engine to Williams' car. This will increase the market value of the entire team. Or even further, if the Williams team now has 70 points, although this result is not first-class, it is still in the middle and upper reaches if it uses Zhengxin's engine and accepts Zhengxin's. With financial support, if the team can catch up and win the championship in the second half of this year, Zhengxin Group will also make profits. So you see, this is a good investment."

Claire was completely confused by Li Fanyu's thinking.

"Wait! What you said is too idealistic!" Claire raised her palms and quickly stopped.

Li Fanyu changed to a more comfortable position on the sofa and stretched out a finger, "Everything has infinite possibilities. My habit is to think about the most ideal place. Is there anything wrong with this? ”

Claire looked at the index finger that stood straight up like a flagpole, calling God in her heart...

. . . . . .

Li Fanyu stayed in Oxford for two days. After many contacts, he finally reached an acquisition agreement with the Williams Racing Team through the efforts of Zhengxin UK and Gerald.

In addition to the large amount of buying by shareholders currently on the board of directors, there has also been a large amount of operations in the capital market. In order not to affect the current listing position of Williams Racing Team, Li Fanyu will not be the full holder of these stocks.

Instead, 51% of the shares will be held by Zhengxin UK, Sino-British Alliance, Cheng Ke and themselves.

As a result, Williams has four seats on the board of directors.

Including Claire, who was coerced into his own sphere of influence, Li Fanyu held five of the nine votes on the board of directors.

Formed actual control over the Williams team.

At the first board meeting after completing the acquisition, Li Fanyu made a request to change the current team's engine supplier to Zhengxin Fetype.

The voting results speak for themselves, passing 6 to 3.

The extra vote was purely a result of a shareholder who was dissatisfied with the team and believed that the team had now deviated from the normal track and headed in an unplanned direction sooner and further.

At the same time, the Zhengxin Xca R&D team led by Wang Rui has completed the trial production and testing of Fetype.

After the Williams team passed the decision to change the engine during the season, Wang Rui, under the instruction of Li Fanyu, rushed to Oxford, England, with engineers from the FE technical support department and five sets of FEtype engines for testing.

From this moment on, Williams said goodbye to Mercedes-Benz.

The racing car that was being assembled in the factory for the next station was disassembled and installed with the type engine that Li Fanyu had enthusiastically anticipated.

And the fact that Williams was controlled by Zhengxin and replaced with Fetype engine quickly spread in the circle.

People have expressed deep contempt for Zhengshin’s behavior of using money to open up the F1 engine market;

"Zhengxin Group is simply a nouveau riche with arms full of money! They don't understand F1 at all, and they don't act according to the rules of F1 at all! Oh my God, I really can't imagine that even if they change the official track, there will be no change. What will the performance of the Williams team look like in the second half of the season after using the Zhengshin engine?”

"FK, although the performance of the Williams team in the past few years has been mediocre, this is a team that I deeply respect. When the old Williams was here, he ruled the team with iron and blood and gave this team a reputation. Victory, without any reservation of the basis of all-out efforts. But now, Serena Williams has chosen to surrender under the pressure of capital. The soul of this team is gone!"

"Holy Mary, all I want now is that Zhengxin's engine is so bad that Li Fanyu quits Williams after playing for one season and felt boring! Let us see a normal one next season, not a convulsion fleet! ”

Amid this controversy, Williams' No. 2 car was assembled.

We have officially entered the testing phase!


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