That's not really true anymore. There's a lot of competition in this hypercar market, esp. when people are buying out the cars before the public ever sees them because they can make bigger returns on their investments.The numbers kind of show they will never make any money on these like how the F1 and Veyron never made money.
Vanity projects for the SHMEE150s and Salomon Brothers of the world.
That's a long dis-proven myth. Every participant of the XX Programme could/can keep their car at their homes. It's just far easier & cheaper to let Ferrari store the cars, look after maintenance, & handle shipping costs.Well put Tony, this car reminds me of another F1 inspired project, that actually worked with little compromises, except when you brought the car you were not allowed to Keep it, lol.
If your dreams come true, be like Larry with it.Oh cool Mclaren, thank you for pointing that out to me. Cheers. I wish I had a FXX to hoon about.
If your dreams come true, be like Larry with it.
They're not.Let's look at some raw numbers.
There's going to be 275 of these are $2.75 mil. each. so that's about $756 mil. for the whole set.
I'm putting it out there that this car cost a lot more than $756 mil. to make.
In fact, can you build any car, even something as simple as a Kia compact hatch for $756 mil.? As in the delivery cost to get those first production cars out (as in R&D, crash, production line, adverse weather testing, drivetrain, emissions, wind tunnel etc.)
Mercedes is subsidising this as a halo car.
Of course I'm not taking into account long term maintenance costs. I have no doubt they are charging $50k for a set of tyres, $10k for oil cjhange or $25k for a pair of wheels like McLaren, Bugatti etc. They could be taking it in the back end so to speak (just like the customer lol???)
https://www.automobilemag.com/news/ten-things-you-need-to-know-about-the-mercedes-amg-project-one/BONUS FACT: Project One will post a profit.
So says Ola Kaellanius, even though F1 engines can easily cost seven figures and even though certain other manufacturers might be willing to take a hit just to celebrate three world championships and to put this sort of car in its showrooms. We'll never learn what its profit margin is, of course, but consider this: at 2.275-million euro, or about $2.53 million each, we figure gross revenues from this car will be roughly equal to that of 12,000 nicely equipped Mercedes-Benz E-Classes.
But will it post a race win?BONUS FACT: Project One will post a profit.
Debate that with automobile mag, then. You’re making statements based on assumption, I’m just sharing you a quote from a higher up involved saying otherwise.with all due respect, gross revenue isnt profit
Gross revenue is not profit, it's the total amout of revenue received before deductions. If you sell something for £100 but spent £150 on it, you have a gross revenue of £100 despite making loss.Debate that with automobile mag, then. You’re making statements based on assumption, I’m just sharing you a quote from a higher up involved saying otherwise.
Gross revenue is not profit, it's the total amout of revenue received before deductions. If you sell something for £100 but spent £150 on it, you have a gross revenue of £100 despite making loss.
Unfortunatrely I cannot read that article at present (unavailavle to most European countries) so can't read further into the context than what has been posted here.
BONUS FACT: Project One will post a profit.
So says Ola Kaellanius, even though F1 engines can easily cost seven figures and even though certain other manufacturers might be willing to take a hit just to celebrate three world championships and to put this sort of car in its showrooms. We'll never learn what its profit margin is, of course, but consider this: at 2.275-million euro, or about $2.53 million each, we figure gross revenues from this car will be roughly equal to that of 12,000 nicely equipped Mercedes-Benz E-Classes.
Again, I am merely sharing a source citing the head of Mercedes-Benz who is claiming the car will post a profit as a contradiction to the assumption the car will be sold at a loss. Everything after his statement is the magazine sharing their take on it based on the est. MSRP known.Gross revenue is not profit, it's the total amout of revenue received before deductions. If you sell something for £100 but spent £150 on it, you have a gross revenue of £100 despite making loss.
Unfortunatrely I cannot read that article at present (unavailavle to most European countries) so can't read further into the context than what has been posted here.
Like I said, I could't read the article for any context, I was just stating a fact that gross revenue is not profit. It never is profit unless there are nil deductions to the sale.Again, I am merely sharing a source citing the head of Mercedes-Benz who is claiming the car will post a profit as a contradiction to the assumption the car will be sold at a loss. Everything after his statement is the magazine sharing their take on it based on the est. MSRP known.
There is no further context; the article is about the car's technical aspects. The part I quoted was a bonus paragraph added in.Like I said, I could't read the article for any context, I was just stating a fact that gross revenue is not profit. It never is profit unless there are nil deductions to the sale.
But based on that paragraph @Eunos_Cosmo quoted, there is nothing in there to suggest it will or won't make a profit either. The writer clearly has no grasp of accounts (and why should he, he's an automotive journalist). That doesn't mean it won't make a profit, just that the article doesn't provide a reason or anything useful as to why or how much that will be.
I must be missing how the Chairman of Daimler & Head of M-B saying the car will post a profit is not suggesting such.Project One will post a profit, So says Ola Kaellanius
I know, I edited to point that out, quickly scanned it on my phone first then realised I missed that. It was just that @TonyJZX 's post and your response inclined me to point out that fact about Gross Revenue as it seemed to possibly be a focal point of the aricle.There is no further context; the article is about the car's technical aspects. The part I quoted was a bonus paragraph added in.
I must be missing how the Chairman of Daimler & Head of M-B saying the car will post a profit is not suggesting such.
Does anybody actually care about this profit argument? Apparently y'all love the idea of museum-piece hypercars and whether or not they'll turn a profit, over questioning whether they'll turn a lap. Why is this even being talked about? I thought we were a bunch of obnoxiously traditional racing enthusiasts here at GTP. When did we transition to car collectors, fans of dry rotted and flat spotted tires, and investment advisors?
Does anybody actually care about this profit argument? Apparently y'all love the idea of museum-piece hypercars and whether or not they'll turn a profit, over questioning whether they'll turn a lap. Why is this even being talked about? I thought we were a bunch of obnoxiously traditional racing enthusiasts here at GTP. When did we transition to car collectors, fans of dry rotted and flat spotted tires, and investment advisors?
Looks like she's finally done.
There's about 2-3 more videos available as well from other YouTubers, so I assume the embargo or whatever just lifted in the last hour.
7-speed single clutch.Very strange upshift sounds. Long pause before throttle application. I'm wondering if they're torque-filling that with the battery to reduce stress on the drivetrain during shifts. Is this supposed to be a dual or single clutch transmission?