How to make a small fortune in racing

http://realestate.yahoo.com/promo/uk-heiress-buys-americas-most-expensive-mansion.html

Ugh

Was there 20years ago; it was gorgeous. Ostentatious, but...

I think the maintenance of the house would be equal to the maintenance of the owner.

I don't feel an ounce of jealousy. It reminds me of Gatsby's place; big and lonely.

"The best way to make a small fortune in racing, is to start with a large one." Junior Johnson

I love that Bernie initially made his fortunes by selling something he didn't own, and nobody seems to say anything about it.

In reply to Maroon92:

Whats that?

From the description of the house: "...several gift-wrapping rooms..."

I don't understand rich people.

This picture cracks me up.

I wonder if she will be offering tours to F1 fans. You did pay for it.......

I liked how the seller is downsizing to a place that is only 16,000 square feet. Must only have one gift wrapping room and the flower cutting room is out back in the yard.

How did Bernia make his fortune?

if i've got the story right, bernie was the guy who came up with the idea of providing at-track services to the teams, things like food and race fuel. a middle-man, if you will.

Maroon92 wrote: I love that Bernie initially made his fortunes by selling something he didn't own, and nobody seems to say anything about it.

I assume this is what you're getting at?

http://www.pitpass.com/42721-Ecclestone-stole-F1-from-teams-says-Dennis

22 and she's already a quilt....

JeffHarbert wrote: From the description of the house: "...several gift-wrapping rooms..." I don't understand rich people.

Seriously, if any of us got that rich, we would be at our desks ignoring our work while typing:

"OK guys, I can get a F50 for $x or a F1 for $y and I want to take it on a cross country trip to get as many penalty laps in as many Lemons races as possible..."

Josh wrote:

Maroon92 wrote: I love that Bernie initially made his fortunes by selling something he didn't own, and nobody seems to say anything about it.

I assume this is what you're getting at? http://www.pitpass.com/42721-Ecclestone-stole-F1-from-teams-says-Dennis

That is kinda what I am getting at.

Effectively, Bernie convinced the TV stations that they needed to pay for the broadcasting rights to Formula 1 (something that nobody had previously paid for). At the time, Ecclestone was team boss of Brabham and appointed himself as the "owner" of said broadcasting rights. He now distributes a portion of that rights money to the teams, but keeps a HUGE chunk of it for himself.

How to make a small fortune in racing.

Start with a big one.