Car Racing without Money

Chapter 142: Ambitions of Chinese Automakers (Part 3)


"Indeed, as you said, the Ford Group is willing to assist with the acquisition. This multinational acquisition worth billions of US dollars can be said to have been led and completed by you!"

Staler's tone grew increasingly excited, after all, his identity was also an investor.

The more one understands the financial investment circle, the more one can sense how Chen Xiangbei's advice is profoundly simple.

Beforehand, no one could have imagined that one could use the seller's money to acquire the seller's brand.

Not only did Chen Xiangbei think of it, but he actually managed to negotiate it successfully!

Staler couldn't believe that there was any element of luck in this multibillion-dollar multinational acquisition. Chen Xiangbei's ability to propose such a plan means he has a very precise grasp of the two automotive giants' networks, knowing what both sides want to achieve from it.

In business, the rarest thing is seeing through the opponent's cards.

Chen Xiangbei's advice was equivalent to seeing through both sides' cards, and it can be deemed a business miracle!

This made Staler also recall when Chen Xiangbei had asked him to fund the acquisition of the Honda F1 Team, predicting that the RA109 would be a "Mars Rover" full of high-tech advances.

Facts proved that Chen Xiangbei's prediction was correct.

This year, F1 has already conducted two grand prix events, with Brawn GP Team's driver Jenson Button easily clinching the title in both events.

More astonishing was in the Australian opener, where Brawn GP Team had a one-two finish, showcasing their dominant performance.

If Chen Xiangbei's business acumen wasn't that of a professional driver, Staler believes he could completely become the next "Buffett"!

"It's good that it worked out."

Compared to Staler's excitement, Chen Xiangbei appeared calm.

After all, this so-called business miracle is nothing more than having a historical god's perspective.

In fact, even without his suggestion, according to the historical development, the Huali Group would still complete the acquisition of Volvo, albeit slightly later.

"Not only did it succeed, but Lee, the chairman of Huali Group, personally came to the East Bay Circuit today to watch, expressing great interest in your strength and performance."

"Furthermore, Lee revealed that Huali Group has ideas about advancing into high-level formulas!"

Huali Group is considered the country's early car company with "racing genes." Even in the early 2000s, when it was in the stage of starting "imitations," it had already invested heavily in creating Huali Formula and self-developed F4-level formula cars and engines.

When it grew stronger in the 2010s, it has participated in international touring car races for many years, with its Lynk brand winning the WTCC championship team's title.

The championship title of Lynk Team, compared to the FE championship of Nio and DS Techeetah, as well as the Le Mans LMP2 championship created by Cheng Long, actually holds more gold value.

Because the Lynk Team is a tech-driven factory team!

For such a car company, having ambitions to enter high-level formulas is not surprising; only lacking funds and strength.

"Bei, Lee has promised that as long as you smoothly enter F1, Huali Group is very likely to sponsor you to compete for an official driver seat!"

There are many ways for car companies to enter F1, the most common being the most technically strong factory team.

Like the famous Mercedes, Ferrari, Renault, etc.

When a car company's strength is slightly lacking and unable to solely support the research and operation of an F1 team, it can enter by a collaborative approach, like becoming an engine supplier.

For instance, the renowned Japanese car company Honda, having thrived for years in the F1 paddock by providing engines while their independent operations were poor.

If the technology is even weaker, unable to even produce engines for supply, the last resort would be to sponsor an F1 team.

Take the Sauber Team familiar in domestic competitions, for example, two years ago it was named the Alfa Romeo Team, which is essentially buying naming rights.

Huali Group's capability and technology clearly don't meet the standards of chassis manufacturers or engine suppliers, leaving only the option of paying to endorse.

When F1 teams select drivers, sponsors also have a great say, and if enough money is spent, it can even be decisive.

If Huali Group enters the scene, and Chen Xiangbei's ability is not unexpectedly weak, it's equivalent to having a big supporter in the F1 paddock, just like Sato Takuma's backing by Honda Group and Nakajima Ikki's backing by Toyota Group.

"Bei, various signs from Huali Group indicate their ambition is really big."

Staler concluded with emotion; in his life, he had dealings with many top car companies, being well-informed.

Only Huali Group made him feel a rush of ambitious intent, wanting to become a world-class car company's "ambition"!

Just acquiring Volvo is already exaggerated enough, it's a "snake swallowing an elephant" in acquisition cases.

Now, before Volvo's acquisition is complete, Huali Group is thinking of advancing into the F1 field. Clearly, they intend to enhance their brand's visibility and technological content in the shortest time possible, which is the basis for gaining consumer recognition.

After all, no one likes an unknown "imitation" brand from China.

Upon hearing Staler's exclamation, Chen Xiangbei smiled and replied, "Who wouldn't want to become the next Toyota or Honda?"

There's an ancient saying in China that goes, 'A great man born in the world cannot stay below others for long.'

Japan used motorsports to shed negative enterprise images and elevate brand sophistication, with the example right in front; Chinese car companies wanting to keep up and surpass is very normal.

Just as Chen Xiangbei said this, Odetto walked in from outside and said calmly, "Let's set aside the matter of becoming the next Toyota and Honda for now and discuss the immediate direction of Bei's professional career."

"Staler, as you suggested before, I also think that Bei is not suitable to continue competing in Renault Formula."

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