Bacardi F/C...... Over the years, there have been a number of alcohol sponsored cars, like the Bud cars, Miller Beer, Smirinoff Vodka, etc etc
I agree Jeff. And if your net worth has a "B" in front of it, I doubt it's difficult to shake out 2-3-4 Mil/yr to race, if you wanted to. But how they spend their money is the DeJorias' business. I'm a fan of Alexis, and do hope she comes back in some capacity in the future. And, also a really big fan of her dad and what he has accomplished.Bacardi has owned 30% of Patron for a decade .... they are just expanding their ownership. I honestly don't think funding has anything to do with whether Alexis drives a FC or not .... that is the case with most people, but not her.
John Paul's cash out later this year will "only" be 70% of 5.1 billion.... John Paul started Patron in 1989 with a partner who died in 2003. JP bought out the partners stake from his estate in 2008, becoming Patron's first majority shareholder, at the same time that Bacardi acquired their 30%.
JP is a smart person who has done good financially. I'm a huge fan of people who operate under the shadow of the Golden Rule .... he is one.
she'll be back, when her daughter goes to college or can make it on tour with her mom, she will have enough money to do whatever she wants.
But remember, drag racing is the best way to turn billionaires into millionaires
Not sure you guys understand the difference between a Million and a Billion........
Alan
So if you have a Billion Dollars you can spend a million every 11.5 days and you won't go broke for over 31 years. If you never made another dollar.
Alan
Not sure you guys understand the difference between a Million and a Billion........
Alan