Aqualung posted:

It was striking how bad the F1 investor presentation was.

By far the worst of all the Liberty Media presentations. Moreover, Chase Carey came off as a traditional TV broadcasting guy with no real vision for the sport. He spent 20 minutes describing "opportunities" in the most vague manner I've ever witnessed. Statements like "fans spend full days experiencing F1 events so there are opportunities to engage them", "we can be better online", "other sports have significantly more sponsorship than us so there are opportunities to grow", etc. without speaking about any specific visions or initiatives. I have no doubt that the sport will grow naturally since engagement online and through social media is still so poo poo right now, but this guy does not seem to have any long-term vision for the sport. Finally, he spoke about the engine change and said "there's going to be a change in the engines, 2020 or 2021 maybe? I don't know?" - he certainly doesn't seem to have a unified view of where things are going.

Maybe Chase Carey is just an awful speaker? I don't know what the answer is, but I think the entire room was a bit shocked by how terrible this was.

Theophany posted:

I made the mistake of wearing long johns to work earlier this week because I was freezing and it happened to be the day they cranked the heating up for winter.

I'm now sipping my cold brew and weighing up the pros and cons of a Maserati 3200GT and a Honda S2000.

1500quidporsche posted:

I bought a Canadian military artic runway worker jacket and literally just wear jeans cause my core body temperature is loving insane when I wear it.

Gigi Galli posted:

Post that jacket, that sounds cool as hell

1500quidporsche posted:

It really isn't. Imagine washed out generic green jacket that makes you look 150lbs larger than you really are and feels like it's lined with carpet or industrial matting. The only reason I got it was cause the thermostat went on the Scirocco when it was -30C out and it made me want to die.

Gigi Galli posted:

oh lol, well the idea is neat.

Gigi Galli posted:

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NtotheTC posted:

Actually I suspect Domenicalli hasn't stopped laughing since June

Wirth1000 posted:

Theophany posted:

I made the mistake of wearing long johns to work earlier this week because I was freezing and it happened to be the day they cranked the heating up for winter.

I'm now sipping my cold brew and weighing up the pros and cons of a Maserati 3200GT and a Honda S2000.

1500quidporsche posted:

Actually it goes Are Gilles, Are Niki, Prost, vegetable brain man.

Human Grand Prix posted:

S2000.

Gigi Galli posted:

oh lol, well the idea is neat.

Gigi Galli posted:

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Human Grand Prix posted:

I'll say those 4 in any order. Mine is;

Lauda
Schumacher
Prost (Ferrari Prost. If we're going by his career I'd put him ahead of both Schumacher and Lauda).
Gilles

Rev. Dr. Moses P. Lester posted:

Surtees is the only man to win it on bikes and cars. Alonso, Hamilton, Vettel, they don't even dream of such achievements.

1500quidporsche posted:

Rossi probably could've won races in F1, everyone forgets he got his start in karting. I think a title would've been a bridge too far though.

1500quidporsche posted:

Rossi probably could've won races in F1, everyone forgets he got his start in karting. I think a title would've been a bridge too far though.

Gigi Galli posted:

He did better lap times than current drivers when he tested the Ferrari those few times right? It would take years to be a title contender but I bet if he had just quit MotoGP right then and done that he could have gotten there.

Not that he should have quit, mind. I'm glad he stayed in MotoGP.

Gigi Galli posted:

This is the kind of poo poo that every executive who is tangentially in charge of something but really knows nothing about it spews at these grand meetings. You have to keep it relatively simple so everyone can understand but you also have to present some sort of basic vision. There are people that are good at presenting the vision and there are others who are bad or know nothing about it that end up like this. I'm sure someone, somewhere is working on all those things, "brand engagement" and other garbage buzzword poo poo actually does add up financially for many things. I know I'd buy more F1 poo poo if there was more F1 poo poo around to buy.

Since he's probably in charge of several other businesses that are more important (to him or Liberty really) he's not going to know all the specifics. Investors have already made up their minds I think; somethign like this isn't going to change it unless it's monumental.

freeranger posted:

Not as dreamy as Alonso

freeranger posted:

Not as dreamy as Alonso

Aqualung posted:

I don't mean to be rude, but I don't think your understanding of shareholder meetings and analyst presentations is quite accurate. These meetings generally have a pretty important place in the investment decision making process since it's pretty rare that analysts and shareholders are given a view into how the execs think about the business. There are many factors that go into the investment decision of course, but I would not be so quick to discount this one.

Chase was speaking to a room of analysts and gave 0 information. Everyone else who was presenting some other Liberty Media property (e.g. CEO of SiriusXM, Livenation, etc.) gave a very clear vision of their business and it's evolution. They provided a clear overview of how they understand their market, a view into how they want to drive revenue and profit expansion and their specific understanding of what key value drivers are for their business - at the very least they gave us an understanding of the exec vision. The analysts in the room were confused and started whispering to each other about how poo poo the F1 presentation was, at least the ones around me.

Chase is not engaged, and he doesn't seem like he gives a gently caress. He also doesn't have any other role at Liberty Media so like someone else mentioned, he might just be looking to go back to Fox. Either way, I'm going to at least slightly change my holdings of liberty media stocks post meeting to weight it towards other properties in their group.

freeranger posted:

Not as dreamy as Alonso

Aqualung posted:

I don't mean to be rude, but I don't think your understanding of shareholder meetings and analyst presentations is quite accurate. These meetings generally have a pretty important place in the investment decision making process since it's pretty rare that analysts and shareholders are given a view into how the execs think about the business. There are many factors that go into the investment decision of course, but I would not be so quick to discount this one.

Chase was speaking to a room of analysts and gave 0 information. Everyone else who was presenting some other Liberty Media property (e.g. CEO of SiriusXM, Livenation, etc.) gave a very clear vision of their business and it's evolution. They provided a clear overview of how they understand their market, a view into how they want to drive revenue and profit expansion and their specific understanding of what key value drivers are for their business - at the very least they gave us an understanding of the exec vision. The analysts in the room were confused and started whispering to each other about how poo poo the F1 presentation was, at least the ones around me.

Chase is not engaged, and he doesn't seem like he gives a gently caress. He also doesn't have any other role at Liberty Media so like someone else mentioned, he might just be looking to go back to Fox. Either way, I'm going to at least slightly change my holdings of liberty media stocks post meeting to weight it towards other properties in their group.

keevo posted:

Ricciardo is good and cool

https://youtu.be/qH9DEu8CaEk

Wirth1000 posted:

He really is a bogan.

freeranger posted:

Not as dreamy as Alonso

Gigi Galli posted:

He did better lap times than current drivers when he tested the Ferrari those few times right? It would take years to be a title contender but I bet if he had just quit MotoGP right then and done that he could have gotten there.

Not that he should have quit, mind. I'm glad he stayed in MotoGP.

djssniper posted:

Cripes, he looks a lot like Francois Cervert there