[RummyChick]

I told you that Ryan Reynolds was probably wheeling and dealing behind the scenes when he showed up in the Kansas CIty Chiefs VIP suite with Taylor Swift.

And here it is.

The only thing I know about racing is that it really takes a lot of money. Those crashed cars are expensive.

Ryan trying to make magic with another one of his investments.

[RummyChick]

btw, Zverev has also invested. They are really trying to get sports stars across the spectrum to help promote

[Hot Tabasco]

Is investing in a racing team just an ego thing or can they make money from it?

[ImJustAnotherOkie]

They say you can make a small fortune in the racing business. You just have to start with a large one.

Reynolds is trying to offload this pig. Renault sucks.

[Yo-Yo]

Ping.

[God luvs America]

F1 ping list.

Liberty Media played their hand correctly- they were desperate for more US involvement, added to more F1 races in America and got major athletes to invest. Too bad they didn’t throw the $$$ at Haas

[Round Earther]

Travis Kelce:

Ms. Swift is writing his check.

[PGR88]

My wife has a friend who is part of an IRS group assigned to our local NFL team. She has confided in me the team “has never shown a profit” on its tax reports - even though the stadium is always sold-out and NFL viewership is strong.

I assume the economics of F1 are similar to USA pro-sports. The teams do not make a lot of pro-forma profit (particularly when reporting taxes), but the real money is made on long-term appreciation of the team’s market value.

[x]

Too late to get in on SBF’s cool crypto scheme, I guess ...

[FlingWingFlyer]

Tater Swuft is probably the other part of the owners of the teamn.

[Christopher]

A recent good article about team values and profitability in F1.

[AnotherUnixGeek]

Patrick Mahomes, Travis Kelce and Rory McIlroy are part of a group which has invested €200 million ($210,970m) in the Alpine Formula One team.

Isn't there some old joke about how to end up with a million dollars in NASCAR? First you start with 10 million dollars...maybe F1 is different, who knows.

[Gay State Conservative]

Geeze...guys who make $10 million (plus) a year should be very conservative with their spending and their investments. A $150,000 Mercedes S Class is fine...an $2 million Bugatti is stupid. Investing in Boeing or Microsoft is fine. Investing in race horses...or racing cars...is stupid.

[Psalm 73]

Kansas City Chiefs are wearing us all out - used to be fun to watch, now they’re just tedious.

[Seaplaner]

They invested in a Formula 1 team? Good for them! Should workout well, unless of course it involves a Renault power unit.

Oh, wait...