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#1 |
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Join Date: Oct 2011
Posts: 24
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I know this thread is about 6 years too late, but I couldn't help thinking to myself. If Adrian Newey were still part of McLaren, McLaren would have won the WCC both last year and this year. I don't know why Ron Dennis and Martin Whitmarsh refused to give him a salary increase, but sadly, it's come back to haunt them.
I hope, atleast for next year, that the MP4-27 can compete with the Red Bull. |
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#2 |
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Senior Member
Join Date: Jun 2010
Location: UK
Posts: 686
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Common mistake made by tons of companies, they let great talent walk over relatively small amounts of money..............only to have it cost then hugely on the bottom line a few years later.
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Current: Ferraris: F40, F50, Mosler MT900S, Jaguar XJR-15, Koenigsegg CCR Past: Ferraris: 360 Modena, 360 Challenge, 550, 575, 365BB, 512BB, 456 GT, F355 GTS, 365 GTB/4 Daytona, 308 GTB Porsches: 911 (993) Turbo, 911 C4 (993), Cayenne Turbo BMW: M5, M535 |
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#3 |
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Owner
Join Date: Sep 2011
Location: SF Bay Area
Posts: 47
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It was more than salary.
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#4 |
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Senior Member
Join Date: Jun 2010
Location: UK
Posts: 686
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Current: Ferraris: F40, F50, Mosler MT900S, Jaguar XJR-15, Koenigsegg CCR Past: Ferraris: 360 Modena, 360 Challenge, 550, 575, 365BB, 512BB, 456 GT, F355 GTS, 365 GTB/4 Daytona, 308 GTB Porsches: 911 (993) Turbo, 911 C4 (993), Cayenne Turbo BMW: M5, M535 |
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#5 |
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Join Date: Jul 2011
Location: Queensland Australia.
Posts: 69
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He wanted more control and a share in the company did he not? Pretty sure they were both things Red Bull offered...
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#6 |
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Senior Member
Join Date: Jun 2010
Location: UK
Posts: 686
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I believe you are correct. It was increased control and more skin in the game.
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Current: Ferraris: F40, F50, Mosler MT900S, Jaguar XJR-15, Koenigsegg CCR Past: Ferraris: 360 Modena, 360 Challenge, 550, 575, 365BB, 512BB, 456 GT, F355 GTS, 365 GTB/4 Daytona, 308 GTB Porsches: 911 (993) Turbo, 911 C4 (993), Cayenne Turbo BMW: M5, M535 |
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#7 |
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Join Date: Dec 2010
Posts: 23
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#8 |
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Owner
Join Date: May 2011
Posts: 1,256
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Perhaps it wasn't a mistake by McLaren, but rather a situation that was never going to reconcile in any case.
As the incumbent shareholders of a business, it doesn't always make sense to give equity to the talent. First of all, it may set a precedent that will spur additional employees to demand more equity, making your overall talent pool prohibitively expensive. Also, I'm sure they ran the numbers of both potential outcomes and may have decided it wasn't worth it. Sure, it would have been great to have Newey and a chance at the Constructors title, but as it is they have beaten the MAFIA the last three years running and their major sponsors are intact. The financial impact has likely been negligible, vs giving away a significant chunk of the business to Newey. If they could go back in time, maybe they would still have let him leave.
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* avatar adapted from Seger Giesbers image at http://www.flickr.com/photos/segergi...n/photostream/ |
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