Maldonado sponsorship for Williams

[Hail22]

So its a direct photo rather than photoshopped?

[Richard]

Williams Grand Prix Engineering Limited is a private company owned by Williams Grand Prix Holdings PLC which is a public company.

http://uk.finance.yahoo.com/q?s=WGF1.F

[bhall]

No, Williams is a LTD a limited company and this means they aren´t public. LTD shares are sold to family and friends and not public.

No, Williams Grand Prix Holdings PLC is a public limited company. (That was, you know, their big news last year.) Because of that, they do have to make certain financial disclosures. However, specific amounts from individual sponsors are not included, and that's for reasons that should be obvious. It's all lumped together as revenue.

[Hail22]

Problem for their lawyers is that Media outlets will have a field day with this.

especially hispanic news, News Corp, News limited etc.

It was leaked just like wikileaks classified documents, once its online its hard to remove.

[bhall]

It's not about removing the information from public knowledge; it's about hammering the holy hell out of whoever released it.

[Richard]

Of course exif data can be easily be changed at a click of a button.

If it is a fake then it is quite clever actually, no need to worry about the detail because it'll not be spotted on a crude blackberry pic. The secretive style snapshot with a phone excuses any lack of detail, plus an allure of authenticity.

Then the redacted bit adds another air of authenticity, the viewer thinks someone has something to hide, so therefore it must be genuine.

[Sambo]

As previously stated this could really hinder the hell out of Pastor later on down the road when trying to negotiate other deals :-/

[Hail22]

It's not about removing the information from public knowledge; it's about hammering the holy hell out of whoever released it.

The question who could it be? an office worker, accountant etc.

It seriously makes me feel sick to see the "dream" of a real racing driver is determined by how much cash your willing to pay to drive for them not by how good you are...

This will be front page news if proven authentic.

[raymondu999]

No, Williams is a LTD a limited company and this means they aren´t public. LTD shares are sold to family and friends and not public.

No, Williams Grand Prix Holdings PLC is a public limited company. (That was, you know, their big news last year.) Because of that, they do have to make certain financial disclosures. However, specific amounts from individual sponsors are not included, and that's for reasons that should be obvious. It's all lumped together as revenue.

While I've never went looking at Williams' annual reports, most annual reports would contain a breakdown of items on the BS/P&L

[bhall]

Eh, it might make the front page in Caracas and maybe the front page of the sports section in London. Otherwise, this is much ado about nothing.

If I had to hazard a guess about the source of the leak, it's probably someone in Venezuela who's trying to influence their election.

EDIT:

While I've never went looking at Williams' annual reports, most annual reports would contain a breakdown of items on the BS/P&L

I made a very cursory look through their 2011 prospectus and their latest statement, and sponsorship income is not itemized.

[Hail22]

Eh, it might make the front page in Caracas and maybe the front page of the sports section in London. Otherwise, this is much ado about nothing.

If I had to hazard a guess about the source of the leak, it's probably someone in Venezuela who's trying to influence their election.

There is a Concorde due this year, remember Murdoch and Carlos Slim want Formula 1 heck Carlos' company is sponsoring Sauber

It looks like a political and also contractual propaganda for three parties (speculation).

[Tozza Mazza]

Eh, it might make the front page in Caracas and maybe the front page of the sports section in London. Otherwise, this is much ado about nothing.

If I had to hazard a guess about the source of the leak, it's probably someone in Venezuela who's trying to influence their election.

There is a Concorde due this year, remember Murdoch and Carlos Sainz want Formula 1 heck Carlos' company is sponsoring Sauber

It looks like a political and also contractual propaganda for three parties (speculation).

Carlos Slim (worlds richest man), or Carlos Sainz (Rally Driver) ?

[Hail22]

Stand corrected sir, Carlos Slim.

[bhall]

While US$46M isn't exactly pocket change, it's not all that much for F1 as a whole or for Venezuela. But, the political cost could be considerable for Chavez as he seeks reelection, because it's not easy to justify making kind of expenditure in the midst of a poor economy, especially when it's paying for a luxury while many, many Venezuelans are hurting.

[bosanac1]

if true


I am betting its fake very clever but that sum is outrageous, I bet every single team would take Pastor in heartbeat next season with that kind of sponsorship, Red Bull would be first one.