Ferrari Mailing List: Re: Ferraris as Investments?

[Erik Nielsen (judge4re]

IIRC, he’s already had a decent shunt with his GTO.  

Money doesn’t buy talent, who knew...

On Jan 1, 2020, at 10:41 AM, Rick Moseley <ramosel [at] pacbell.net> wrote:



I think with any marque, there are models that defy the "norm" on investments and trends....   You can't include any car in the same breath with the 33 GTOs.... ok, maybe 917Ks...

Stroll....

 

And as far as Mr. Stroll, the investment in his GTO will certainly pay more in $$$ than his investment in his kid's racing career.

On the other hand, if they are anywhere near "normal" as a family, his investment in his kid will pay dividends for a long time that no money can buy.

But even that makes one wonder...   had that seat been open and not paid for to keep Lance in it, could the young Frenchman, Hubert, who lost his life in the lower ranks still be with us had one more seat been available when his buddies, Gasly and Leclerc advanced to the upper ranks.  Or was he just not yet good enough?   The world is full of "what ifs".

Full disclosure... I'm not a fan of paid seats.  I understand their reason for being, but just don't like it.  I view "paid seats" as the steroid problem of racing.

On Wednesday, January 1, 2020, 8:15:24 AM PST, Michel Savard <mysavard [at] videotron.ca> wrote:

Don’t we get those articles at least once a year ?

If that’s true, all it means is Mr. Lawrence Stroll who paid $48,000,000 u.s. for his GTO 3-4 years ago will only get maybe $30,000,000 u.s. this year. Poor guy! I feel for him.

Michael Savard (1981 308 GTSi)

On Jan 1, 2020, at 10:42 AM, Erik Nielsen <judge4re [at] gmail.com> wrote:

Sounds like the party is over.  

"We are at the tail-end of a big bull market," Hatlapa warned.

https://www.zerohedge.com/markets/tail-end-big-bull-market-wine-diamonds-classic-cars-are-now-money-losing-investments-ultra

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