1 00:00:02,520 --> 00:00:07,040 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. 2 00:00:08,600 --> 00:00:11,640 Speaker 2: I'm Hannah Elliott and I'm Matt Miller, and this is 3 00:00:11,680 --> 00:00:23,079 Speaker 2: Hot Pursuit. Coming up on today's podcast, we hear from 4 00:00:23,400 --> 00:00:27,840 Speaker 2: the Duke of Richmond, formerly the Earl of March, about 5 00:00:28,000 --> 00:00:32,080 Speaker 2: what has become probably the most important car show in 6 00:00:32,120 --> 00:00:32,560 Speaker 2: the world. 7 00:00:32,640 --> 00:00:34,640 Speaker 3: I had the idea of the Festive Speed and started 8 00:00:34,640 --> 00:00:35,560 Speaker 3: that in ninety three. 9 00:00:36,080 --> 00:00:36,960 Speaker 4: You know, much of our. 10 00:00:36,840 --> 00:00:38,720 Speaker 3: Surprise, you know, we were telling a couple of thousand 11 00:00:38,760 --> 00:00:41,000 Speaker 3: people might turn up. Twenty five thousand people bowl got 12 00:00:41,040 --> 00:00:43,559 Speaker 3: that first morning, and the thing from then on we 13 00:00:43,600 --> 00:00:45,000 Speaker 3: had a call for a million this year come. 14 00:00:45,360 --> 00:00:46,240 Speaker 4: It was a big thing. 15 00:00:46,800 --> 00:00:51,960 Speaker 2: Plus my experience driving a BMWM four CS and Hannah's 16 00:00:52,120 --> 00:00:55,480 Speaker 2: latest car review of a my Bock. 17 00:00:55,880 --> 00:00:57,520 Speaker 1: I can't wait to talk about all of that coming 18 00:00:57,600 --> 00:00:59,480 Speaker 1: up on the show. But before we get to your 19 00:00:59,520 --> 00:01:02,480 Speaker 1: BMW you, Matt, we have to talk about the astronomic 20 00:01:02,560 --> 00:01:04,760 Speaker 1: cost of the average car. 21 00:01:04,880 --> 00:01:10,200 Speaker 2: It's actually apropos of your I think Mercedes my Bock review. Right, 22 00:01:10,280 --> 00:01:13,280 Speaker 2: what we're talking about prices, and the M four isn't cheap, 23 00:01:13,319 --> 00:01:16,000 Speaker 2: but what you drove is incredibly expensive. 24 00:01:16,240 --> 00:01:17,720 Speaker 5: What I drove is very expensive. 25 00:01:17,760 --> 00:01:21,160 Speaker 1: It's about two hundred and twenty five thousand dollars. 26 00:01:21,880 --> 00:01:23,360 Speaker 5: That's if you buy it outright. 27 00:01:23,720 --> 00:01:27,960 Speaker 1: This story that you actually brought to my attention, Matt, 28 00:01:28,000 --> 00:01:29,920 Speaker 1: by Jay Thomas and Keith Not and some of our 29 00:01:29,920 --> 00:01:33,200 Speaker 1: best reporters. The story says that actually seven year car 30 00:01:33,280 --> 00:01:35,919 Speaker 1: lowans are fast becoming the norm. They're often the only 31 00:01:35,959 --> 00:01:39,400 Speaker 1: way that buyers can afford new rides, with average sale 32 00:01:39,440 --> 00:01:42,920 Speaker 1: prices surging twenty eight percent in five years to approach 33 00:01:43,160 --> 00:01:44,360 Speaker 1: fifty thousand dollars. 34 00:01:44,400 --> 00:01:47,319 Speaker 2: So that's the average price for a car. Now, yes, 35 00:01:47,480 --> 00:01:50,360 Speaker 2: you know what you and I drive obviously is often 36 00:01:50,520 --> 00:01:53,840 Speaker 2: far more expensive to that. In effect, we rarely drive 37 00:01:53,880 --> 00:01:58,280 Speaker 2: anything that's fifty thousand, but it's still a very high 38 00:01:58,280 --> 00:02:02,040 Speaker 2: price for the average car. That's for every normal person, right, 39 00:02:02,160 --> 00:02:04,760 Speaker 2: even people who don't care about cars completely. 40 00:02:04,800 --> 00:02:07,760 Speaker 1: And basically compared to a five year loan, that is 41 00:02:07,800 --> 00:02:10,920 Speaker 1: the difference between a one thousand dollar monthly payment and 42 00:02:10,960 --> 00:02:14,520 Speaker 1: a basically like a seven hundred and eighty dollar monthly payment, 43 00:02:14,600 --> 00:02:16,240 Speaker 1: So that is that's a lot. 44 00:02:16,800 --> 00:02:19,720 Speaker 2: Hey, you can cut your monthly payment twenty two percent 45 00:02:19,760 --> 00:02:22,600 Speaker 2: if you take the loan out to seven years, But 46 00:02:23,400 --> 00:02:25,880 Speaker 2: the other factor is then you end up paying a 47 00:02:25,919 --> 00:02:29,000 Speaker 2: ton more money in interest, So then your fifty thousand 48 00:02:29,440 --> 00:02:33,400 Speaker 2: dollar car loan, which normally would be like sixty five 49 00:02:33,480 --> 00:02:37,240 Speaker 2: thousand dollars total payment all in, becomes like a seventy 50 00:02:37,280 --> 00:02:40,960 Speaker 2: five thousand dollars total car payment all in. So it's 51 00:02:41,080 --> 00:02:43,440 Speaker 2: you know, we we had written a story last year 52 00:02:43,480 --> 00:02:46,919 Speaker 2: about how new cars have gotten so expensive that even 53 00:02:47,800 --> 00:02:51,919 Speaker 2: rich people. Essentially we interviewed a doctor in Miami, we're 54 00:02:51,960 --> 00:02:54,480 Speaker 2: buying used cars because this guy was like, yo, I 55 00:02:54,520 --> 00:02:58,239 Speaker 2: was gonna get a new lease of the same Mercedes 56 00:02:58,280 --> 00:03:01,000 Speaker 2: that I leased last time, but it was so expensive 57 00:03:01,040 --> 00:03:03,919 Speaker 2: that now I'm looking at a used car instead. 58 00:03:04,440 --> 00:03:06,519 Speaker 1: Yeah, I mean, I think the point is, like, people 59 00:03:06,520 --> 00:03:09,160 Speaker 1: aren't stupid when you actually add up the numbers and 60 00:03:09,200 --> 00:03:12,959 Speaker 1: you realize how expensive it is now over the long term, 61 00:03:13,040 --> 00:03:16,560 Speaker 1: even if your monthly payment is lower, it just feels 62 00:03:16,880 --> 00:03:19,680 Speaker 1: dumb to be spending that much money, even if you 63 00:03:19,720 --> 00:03:21,400 Speaker 1: can afford it. You know, you want to make a 64 00:03:21,440 --> 00:03:23,720 Speaker 1: good decision, and if you know, the minute this car 65 00:03:23,840 --> 00:03:27,280 Speaker 1: leaves the dealer's a lot, it's going to drop precipitously 66 00:03:27,360 --> 00:03:27,920 Speaker 1: in value. 67 00:03:28,280 --> 00:03:29,560 Speaker 5: You might as well just get one that's. 68 00:03:29,520 --> 00:03:30,040 Speaker 2: Like a year old. 69 00:03:30,120 --> 00:03:30,200 Speaker 1: Right. 70 00:03:30,400 --> 00:03:33,160 Speaker 2: It's actually a great argument for buying used cars to 71 00:03:33,200 --> 00:03:35,600 Speaker 2: begin with, even if you are a wealthy person who 72 00:03:35,640 --> 00:03:39,440 Speaker 2: can afford that kind of depreciation. I often think about, 73 00:03:39,560 --> 00:03:42,280 Speaker 2: you know, what I would do if I'd bought a 74 00:03:42,320 --> 00:03:45,160 Speaker 2: lot of bitcoin ten years ago, or you know, if 75 00:03:45,200 --> 00:03:48,440 Speaker 2: I'd invested in Tesla's IPO, or if I had known 76 00:03:48,480 --> 00:03:51,600 Speaker 2: about Nvidia's astronomic rise. And I always think like, oh, 77 00:03:51,640 --> 00:03:55,800 Speaker 2: I'd be cool to buy, you know, a range Rover 78 00:03:56,320 --> 00:04:01,080 Speaker 2: and a super charged Escalade V to see which one's 79 00:04:01,120 --> 00:04:03,120 Speaker 2: better to live with, Like, if you had the money, 80 00:04:03,440 --> 00:04:06,320 Speaker 2: why not you know, own both of them. And even 81 00:04:06,560 --> 00:04:10,119 Speaker 2: when I'm sort of daydreaming about this, I still buy 82 00:04:10,520 --> 00:04:13,360 Speaker 2: used because even in my day dreams, I don't want 83 00:04:13,360 --> 00:04:15,000 Speaker 2: the kind of depreciation you get hit with if you 84 00:04:15,080 --> 00:04:16,480 Speaker 2: buy a new land Rover a range Rover. 85 00:04:16,600 --> 00:04:20,320 Speaker 1: Completely complete, completely agree. I mean I've talked about this before, 86 00:04:20,440 --> 00:04:22,560 Speaker 1: like ad nauseum. I think if you really want to 87 00:04:22,680 --> 00:04:25,320 Speaker 1: like start saving the world, stop buying new cars, which 88 00:04:25,360 --> 00:04:29,279 Speaker 1: is ironic considering the line of work we're in. My 89 00:04:29,480 --> 00:04:33,040 Speaker 1: question is how do you feel about leasing versus like 90 00:04:33,360 --> 00:04:34,480 Speaker 1: taking a loan out to worry? 91 00:04:34,480 --> 00:04:38,200 Speaker 2: So, I mean, I I've been thinking about this ever 92 00:04:38,240 --> 00:04:41,479 Speaker 2: since I understood the concept of leasing, right, And I 93 00:04:41,480 --> 00:04:48,360 Speaker 2: think you know, financial news journalists and you know sort 94 00:04:48,400 --> 00:04:51,760 Speaker 2: of self help gurus have been debating this also for 95 00:04:51,800 --> 00:04:54,880 Speaker 2: the last twenty years. But it really depends on who 96 00:04:54,960 --> 00:04:57,040 Speaker 2: you are, on what you want to do, on what 97 00:04:57,080 --> 00:04:59,120 Speaker 2: you want out of the car. And now with evs 98 00:04:59,320 --> 00:05:02,920 Speaker 2: there's a whole new variable, right, So I would probably 99 00:05:03,080 --> 00:05:07,000 Speaker 2: lease an EV whereas a lot of internal combustion engines 100 00:05:07,120 --> 00:05:11,120 Speaker 2: I would buy, because I don't yet see an EV 101 00:05:11,360 --> 00:05:14,360 Speaker 2: as a forever car, whereas in like my Dodge Challenger, 102 00:05:14,839 --> 00:05:18,000 Speaker 2: I can keep forever. I'm always gonna love it even 103 00:05:18,360 --> 00:05:21,120 Speaker 2: as I buy new cars. But if I got like 104 00:05:21,400 --> 00:05:24,120 Speaker 2: a Rivian, for example, I would want to upgrade that 105 00:05:24,200 --> 00:05:27,120 Speaker 2: every few years because they're never going to get better 106 00:05:27,160 --> 00:05:29,719 Speaker 2: than a six point four liter HEMI right, but it 107 00:05:29,800 --> 00:05:32,040 Speaker 2: is going to get better than whatever battery pack and 108 00:05:32,120 --> 00:05:32,960 Speaker 2: electric motor. 109 00:05:32,920 --> 00:05:35,960 Speaker 1: Completely the rate of advancement is. I mean, it's like 110 00:05:36,040 --> 00:05:38,360 Speaker 1: an iPhone. Like I could lease my iPhone. It really 111 00:05:38,360 --> 00:05:40,560 Speaker 1: wouldn't matter. It would be all the same to me 112 00:05:40,680 --> 00:05:42,120 Speaker 1: in the end. And that's kind of how I see 113 00:05:42,120 --> 00:05:44,400 Speaker 1: the car, the EV's especially. 114 00:05:44,760 --> 00:05:47,920 Speaker 2: By the way, let's get to the BMW I was driving, 115 00:05:47,960 --> 00:05:51,600 Speaker 2: because this is I think a great example of the 116 00:05:51,880 --> 00:05:56,000 Speaker 2: inline six that BMW makes. They have pretty much perfected 117 00:05:56,000 --> 00:06:01,000 Speaker 2: it and it's in the whole range of their performance cars, 118 00:06:01,440 --> 00:06:05,280 Speaker 2: right from the M two up to well certainly the 119 00:06:05,400 --> 00:06:08,920 Speaker 2: M four that I drove. The power differences made by 120 00:06:09,000 --> 00:06:13,960 Speaker 2: bigger turbo chargers or like an electric assist, and speaking 121 00:06:14,000 --> 00:06:16,719 Speaker 2: of a forever car and kind of reaching the pinnacle 122 00:06:16,760 --> 00:06:20,160 Speaker 2: of development on ices. When we come back, we're going 123 00:06:20,200 --> 00:06:23,839 Speaker 2: to talk about the BMW that I drove with its 124 00:06:24,000 --> 00:06:27,720 Speaker 2: inimitable in line six, the M four CS. 125 00:06:28,080 --> 00:06:30,480 Speaker 5: That's up next on Bloomberg copp Pursuit after this. 126 00:06:38,040 --> 00:06:42,800 Speaker 2: All right, So I drove this BMW M four CS. 127 00:06:42,960 --> 00:06:47,279 Speaker 2: It's kind of the top of the line performance sports 128 00:06:47,320 --> 00:06:50,920 Speaker 2: car from BMW. I mean, I don't think that you're 129 00:06:50,960 --> 00:06:53,240 Speaker 2: going to go to an M eight, right, that's more 130 00:06:53,279 --> 00:06:58,240 Speaker 2: of a GT car, And personally I kept thinking the 131 00:06:58,240 --> 00:06:59,800 Speaker 2: whole time I would go with an M two, but 132 00:06:59,839 --> 00:07:03,320 Speaker 2: it obviously a much smaller and more economical package. This 133 00:07:03,400 --> 00:07:07,520 Speaker 2: thing was absolutely filthy in every sense of the word 134 00:07:07,560 --> 00:07:11,280 Speaker 2: except for dirty. It wasn't a dust on it. It 135 00:07:11,320 --> 00:07:14,480 Speaker 2: was a gorgeous green color and they have a number 136 00:07:14,520 --> 00:07:16,720 Speaker 2: of awesome green tones. It's my favorite one of my 137 00:07:16,720 --> 00:07:19,120 Speaker 2: favorite colors for a car, so that's very cool. But 138 00:07:19,160 --> 00:07:22,400 Speaker 2: it had tons of exposed carbon fiber. It's a super complex, 139 00:07:22,480 --> 00:07:25,160 Speaker 2: polarizing design. So everybody who saw it on the street 140 00:07:25,440 --> 00:07:27,800 Speaker 2: and everybody who passed me on the highway, like, had 141 00:07:27,840 --> 00:07:28,960 Speaker 2: something to say about it. 142 00:07:29,280 --> 00:07:29,880 Speaker 5: Oh really? 143 00:07:29,920 --> 00:07:32,840 Speaker 1: Now did this have the two tone hood like the 144 00:07:32,960 --> 00:07:35,120 Speaker 1: black stra Oh it did, and it has, of course 145 00:07:35,160 --> 00:07:38,080 Speaker 1: the huge beaver tooth yes grill, which we know is 146 00:07:38,200 --> 00:07:39,040 Speaker 1: very polarizing. 147 00:07:39,120 --> 00:07:40,760 Speaker 2: I mean I hated it when it first came out 148 00:07:40,800 --> 00:07:41,480 Speaker 2: and now I love it. 149 00:07:41,560 --> 00:07:43,320 Speaker 1: You can't see it when you're behind the wheel anyway, 150 00:07:43,400 --> 00:07:45,840 Speaker 1: so honestly, it doesn't matter if the car drives great. 151 00:07:46,360 --> 00:07:48,760 Speaker 2: Maybe not well, I mean, you can't unsee it after 152 00:07:48,800 --> 00:07:53,160 Speaker 2: you have. But I think, like much of BMW's design, 153 00:07:53,440 --> 00:07:55,760 Speaker 2: when you first see it, you don't like it at all. 154 00:07:55,800 --> 00:07:57,920 Speaker 2: I think the majority of people don't like It's kind 155 00:07:57,960 --> 00:08:01,320 Speaker 2: of brutal, a new BMW. And then over time you 156 00:08:01,360 --> 00:08:03,160 Speaker 2: grow to love it, you get or you get used 157 00:08:03,200 --> 00:08:04,160 Speaker 2: to it, whichever it is. 158 00:08:05,400 --> 00:08:07,840 Speaker 1: Are you yeah, are you gonna I was just gonna say, 159 00:08:07,880 --> 00:08:10,160 Speaker 1: are you saying this is like a perfect daily driver? 160 00:08:10,520 --> 00:08:11,840 Speaker 5: No? 161 00:08:11,840 --> 00:08:15,840 Speaker 2: No, not at all. In fact, so I have have 162 00:08:15,920 --> 00:08:18,240 Speaker 2: the car for a week, right, and the first three 163 00:08:18,320 --> 00:08:21,360 Speaker 2: or four days, I'm thinking this car is honestly, it's 164 00:08:21,400 --> 00:08:22,040 Speaker 2: too fast. 165 00:08:22,160 --> 00:08:26,080 Speaker 6: It's like scary. It's I know, it's fast. It's only 166 00:08:26,160 --> 00:08:28,360 Speaker 6: got a five hundred and forty three horse power motor, 167 00:08:28,680 --> 00:08:33,200 Speaker 6: but the way it feels is a little bit dangerous, 168 00:08:33,840 --> 00:08:37,520 Speaker 6: you know. It's it's still the inline six, which is 169 00:08:37,559 --> 00:08:40,600 Speaker 6: why I say, it's like, you know, a forever car 170 00:08:40,720 --> 00:08:43,880 Speaker 6: kind of engine, but they put bigger turbo chargers on it. 171 00:08:44,040 --> 00:08:45,800 Speaker 2: And it's all wheel drive. 172 00:08:46,000 --> 00:08:48,720 Speaker 1: So now all wheel drive, But isn't there a real 173 00:08:48,960 --> 00:08:51,240 Speaker 1: weird rear wheel drive mode? 174 00:08:51,520 --> 00:08:53,400 Speaker 5: Yes, now you can act you can in that. 175 00:08:53,559 --> 00:08:55,480 Speaker 2: Yeah, you can put it into rear wheel bodies. It's 176 00:08:55,520 --> 00:08:58,720 Speaker 2: even scarier, yeah, because you have to turn off basically 177 00:08:58,800 --> 00:09:03,680 Speaker 2: the traction control. So but even with the traction control on, 178 00:09:04,080 --> 00:09:07,720 Speaker 2: and you know, in all wheel drive mode, it just 179 00:09:07,840 --> 00:09:11,440 Speaker 2: feels it's so fast, it's so quick, and it's like 180 00:09:11,760 --> 00:09:15,679 Speaker 2: so brutal and loud as well. All right, let's get 181 00:09:15,679 --> 00:09:18,360 Speaker 2: to the my bok now, because so this is so cool. 182 00:09:18,559 --> 00:09:25,360 Speaker 2: You drove I think the most luxurious version of Mercedes 183 00:09:26,040 --> 00:09:33,000 Speaker 2: SL cabriolet, the sport leisched cabriolet, and I happened to 184 00:09:33,320 --> 00:09:37,200 Speaker 2: this was not planned drive. I think the Sportius version. 185 00:09:37,280 --> 00:09:39,520 Speaker 2: I drove the AMG version. So tell us first about 186 00:09:39,520 --> 00:09:41,079 Speaker 2: your my boch starting with the price. 187 00:09:41,280 --> 00:09:44,360 Speaker 1: Sure, this is the twenty twenty six Mercedes my Box 188 00:09:44,679 --> 00:09:46,720 Speaker 1: SL six eighty. 189 00:09:47,720 --> 00:09:48,720 Speaker 5: It's a convertible. 190 00:09:49,240 --> 00:09:52,920 Speaker 1: The starting price is two hundred and twenty four nine 191 00:09:53,040 --> 00:09:59,199 Speaker 1: hundred dollars. And basically this is a my Bock based 192 00:09:59,320 --> 00:10:03,880 Speaker 1: on the SL, the new Mercedes SL. It's the first 193 00:10:03,920 --> 00:10:07,160 Speaker 1: two seater that my Box has ever done. And you know, 194 00:10:07,240 --> 00:10:09,600 Speaker 1: Mercedes says they did it to try to appeal to 195 00:10:09,640 --> 00:10:13,240 Speaker 1: younger owners. So this is a very expensive car. It's 196 00:10:13,320 --> 00:10:16,680 Speaker 1: basically an AMGSL sixty three, but with a my Box 197 00:10:16,679 --> 00:10:18,880 Speaker 1: treatment on top of it. What does that my Box 198 00:10:18,920 --> 00:10:21,760 Speaker 1: treatment look like? It looks like a lot of logos 199 00:10:21,800 --> 00:10:25,400 Speaker 1: everywhere on the car. On the they're like these embossed 200 00:10:26,000 --> 00:10:28,360 Speaker 1: you know, basically, they look like they're stamped on like 201 00:10:28,400 --> 00:10:32,760 Speaker 1: a Louis Vuitton bag. My Bock logos all over the hood, 202 00:10:32,840 --> 00:10:35,160 Speaker 1: all over the soft top, all over the inside of 203 00:10:35,200 --> 00:10:39,360 Speaker 1: the doors. Plus the interior is bright white. The car 204 00:10:39,480 --> 00:10:43,679 Speaker 1: is two It currently comes standard into only two colorways. 205 00:10:43,840 --> 00:10:46,680 Speaker 1: You can get black and red or black and white. 206 00:10:47,120 --> 00:10:49,959 Speaker 1: There are other optional colors that have been added since 207 00:10:50,559 --> 00:10:53,040 Speaker 1: the debut, but those are the standard colors right now 208 00:10:53,240 --> 00:10:57,199 Speaker 1: comes with some new monoblock wheels twenty one inch. So 209 00:10:57,480 --> 00:11:02,200 Speaker 1: the changes to this particular car are not performance related. 210 00:11:02,240 --> 00:11:05,840 Speaker 1: Their aesthetics and cosmetics related basically. 211 00:11:07,040 --> 00:11:10,040 Speaker 5: And we've been talking about like Beamer Bros. For instance. 212 00:11:10,840 --> 00:11:13,480 Speaker 1: I will also say there's a very large element of 213 00:11:14,040 --> 00:11:17,680 Speaker 1: people who love how this car looked. Of course, when 214 00:11:17,720 --> 00:11:22,880 Speaker 1: I saw it, I slightly cringed it because it's a 215 00:11:22,920 --> 00:11:24,880 Speaker 1: lot of chrome, it's a lot of everything. 216 00:11:24,960 --> 00:11:26,280 Speaker 5: Like, you don't need everything. 217 00:11:26,320 --> 00:11:29,520 Speaker 1: You could just have one element and leave The body 218 00:11:29,520 --> 00:11:32,800 Speaker 1: of the car is really beautiful, I think, And you 219 00:11:32,880 --> 00:11:35,520 Speaker 1: don't need everything. You don't need the wheels and the 220 00:11:35,520 --> 00:11:38,760 Speaker 1: two tone and the stamping and the chrome and all 221 00:11:38,800 --> 00:11:39,400 Speaker 1: this stuff. 222 00:11:39,480 --> 00:11:43,320 Speaker 5: You could just like have one. But that said, as 223 00:11:43,360 --> 00:11:44,199 Speaker 5: I drove this. 224 00:11:44,320 --> 00:11:47,559 Speaker 1: Car from Los Angeles to Carmel and didn't receive any 225 00:11:47,600 --> 00:11:49,160 Speaker 1: speeding tickets, thank you very much. 226 00:11:49,800 --> 00:11:51,040 Speaker 5: People loved it. 227 00:11:50,920 --> 00:11:53,040 Speaker 1: And it might have been a little like how you 228 00:11:53,080 --> 00:11:56,120 Speaker 1: were with the M four. Everyone wanted to talk about it, 229 00:11:56,200 --> 00:11:59,079 Speaker 1: everyone wanted to see it. Probably the people who didn't 230 00:11:59,120 --> 00:12:01,880 Speaker 1: like it just kept their mouth shut because everybody who 231 00:12:02,360 --> 00:12:04,920 Speaker 1: came up to me loved it and wanted to know 232 00:12:05,040 --> 00:12:05,800 Speaker 1: all about it. 233 00:12:06,280 --> 00:12:08,320 Speaker 2: And I like that. I mean, I love the color 234 00:12:08,480 --> 00:12:11,040 Speaker 2: of the vehicle. You drove, the red one, right, I 235 00:12:11,080 --> 00:12:15,400 Speaker 2: love that that red color clear it almost The mono 236 00:12:15,480 --> 00:12:18,640 Speaker 2: block wheels on the car that you drove are too much. 237 00:12:18,840 --> 00:12:20,520 Speaker 2: I mean, they're pretty ridiculous. 238 00:12:20,559 --> 00:12:23,440 Speaker 5: I have to say, actually, I weirdly like them. I 239 00:12:23,480 --> 00:12:25,680 Speaker 5: would I would weirdly get that. 240 00:12:25,600 --> 00:12:29,240 Speaker 1: Car in like a midnight blue, and I would possibly 241 00:12:29,320 --> 00:12:30,800 Speaker 1: keep the wheels just to be bratty. 242 00:12:31,240 --> 00:12:31,720 Speaker 2: They make it. 243 00:12:31,760 --> 00:12:32,520 Speaker 5: They're kind of cool. 244 00:12:32,640 --> 00:12:34,840 Speaker 2: They make another wheel which I think looks far better. 245 00:12:34,880 --> 00:12:35,880 Speaker 5: They do like. 246 00:12:37,600 --> 00:12:42,240 Speaker 2: But and the the logos, I mean, it's the whole, 247 00:12:42,280 --> 00:12:45,480 Speaker 2: like Louis Vuitton the giant polo player or whatever. Like, 248 00:12:45,640 --> 00:12:48,439 Speaker 2: I'm not down to clown with that. It's too much. 249 00:12:48,880 --> 00:12:49,600 Speaker 5: It's too much. 250 00:12:49,679 --> 00:12:54,079 Speaker 1: But it's weird because there's a certain element that love it. 251 00:12:54,520 --> 00:13:01,720 Speaker 1: And Mercedes knows this, and I do believe they're selling. 252 00:13:02,520 --> 00:13:05,640 Speaker 1: They are going to start deliveries later this year. 253 00:13:06,440 --> 00:13:07,640 Speaker 5: They're on sale now. 254 00:13:08,040 --> 00:13:11,640 Speaker 1: I will say the white interior, like, unequivocally, I don't 255 00:13:11,640 --> 00:13:14,600 Speaker 1: know why anybody would get that unless you unless you 256 00:13:14,679 --> 00:13:17,440 Speaker 1: plan to park the car and never drive it. You, 257 00:13:17,679 --> 00:13:19,560 Speaker 1: I couldn't keep it clean for a week. 258 00:13:20,000 --> 00:13:20,480 Speaker 2: I'd put it. 259 00:13:20,600 --> 00:13:23,280 Speaker 1: I literally put a towel in the foot well so 260 00:13:23,480 --> 00:13:26,600 Speaker 1: my boots wouldn't get the white carpeting. 261 00:13:26,720 --> 00:13:28,800 Speaker 2: Yeah. I mean, if you had that much money. It's 262 00:13:28,800 --> 00:13:32,760 Speaker 2: a two hundred twenty five thousand dollars car, and if 263 00:13:32,800 --> 00:13:34,839 Speaker 2: you have that kind of cash, I guess you can 264 00:13:34,880 --> 00:13:36,000 Speaker 2: have it cleaned regularly. 265 00:13:36,160 --> 00:13:38,240 Speaker 1: But I don't think it's about the cash. It's about 266 00:13:38,240 --> 00:13:40,880 Speaker 1: the time loss while the car is being cleaned, you know. 267 00:13:41,320 --> 00:13:43,560 Speaker 6: Okay, like, but you have somebody that does it for you, 268 00:13:43,600 --> 00:13:45,319 Speaker 6: I'm do, I guess, Yeah. 269 00:13:45,080 --> 00:13:48,920 Speaker 2: So unplanned. I drove the sportiest version of this SL 270 00:13:49,000 --> 00:13:53,439 Speaker 2: super luched or sport lashed whatever cabriolet from Mercedes. I 271 00:13:53,520 --> 00:13:57,880 Speaker 2: drove the AMG SL sixty three se Performance version, which 272 00:13:57,920 --> 00:14:00,439 Speaker 2: is the same price as the my box that you drove. 273 00:14:00,679 --> 00:14:03,440 Speaker 2: Mine was two hundred and twenty four eight hundred, so 274 00:14:03,480 --> 00:14:07,720 Speaker 2: still unaffordable for most normal people, right, But it has 275 00:14:07,800 --> 00:14:12,000 Speaker 2: an electric assist. It has they say, a permanently excited 276 00:14:12,280 --> 00:14:16,200 Speaker 2: synchronous electric motor that brings your total horse power with 277 00:14:16,280 --> 00:14:20,560 Speaker 2: the twin turbo v eight to eight hundred and five 278 00:14:20,680 --> 00:14:23,480 Speaker 2: and your total torque to over one thousand foot pounds 279 00:14:23,840 --> 00:14:26,320 Speaker 2: of torque one forty seven foot pounds of torque. 280 00:14:26,360 --> 00:14:28,440 Speaker 1: So that's more than mine because mine was about five 281 00:14:28,480 --> 00:14:29,280 Speaker 1: hundred and seventy seven. 282 00:14:29,440 --> 00:14:32,160 Speaker 2: Right, So you get the logos, sure, and mine gets 283 00:14:32,160 --> 00:14:36,880 Speaker 2: the power. But unlike the BMWM four that I drove, 284 00:14:36,920 --> 00:14:41,480 Speaker 2: and obviously no one's cross shopping these two, it wasn't terrifying. 285 00:14:41,720 --> 00:14:48,000 Speaker 2: It felt so refined, and it's so planted and the 286 00:14:48,040 --> 00:14:54,440 Speaker 2: steering is so precise without being like twitchy, that I 287 00:14:54,480 --> 00:14:59,720 Speaker 2: think it's the best driving convertible I've ever driven. 288 00:15:00,360 --> 00:15:04,000 Speaker 1: Ever, do Zach go ahead of any sort of nine 289 00:15:04,000 --> 00:15:05,239 Speaker 1: to eleven convertibles? 290 00:15:05,280 --> 00:15:07,840 Speaker 2: Well, I haven't driven many nine to eleven convertibles, right, 291 00:15:07,880 --> 00:15:09,520 Speaker 2: I mean I had a nine to nine to one, 292 00:15:09,600 --> 00:15:13,120 Speaker 2: and I've driven the nine nine two's, and I mean 293 00:15:13,160 --> 00:15:17,000 Speaker 2: they're pretty amazing, But this I like, I like better 294 00:15:17,120 --> 00:15:19,720 Speaker 2: now I haven't. I haven't driven a turbo for example, for. 295 00:15:19,680 --> 00:15:22,080 Speaker 5: Our Yeah, our purpose is here. You loved it. 296 00:15:22,320 --> 00:15:24,920 Speaker 2: I loved it. And the other thing is like, so 297 00:15:25,320 --> 00:15:27,480 Speaker 2: a nine to eleven is the instant It's like, you 298 00:15:27,480 --> 00:15:29,800 Speaker 2: know what you would cross shop against this I guess 299 00:15:29,840 --> 00:15:34,160 Speaker 2: because same price at the moment, the Turbo, but they 300 00:15:34,240 --> 00:15:37,680 Speaker 2: just seem more a dime a dozen than the you 301 00:15:37,760 --> 00:15:41,600 Speaker 2: just don't see that many sls. And also like it's 302 00:15:41,680 --> 00:15:44,560 Speaker 2: so luxurious. I love the leather inside, I love the 303 00:15:44,600 --> 00:15:47,600 Speaker 2: wood trim, and it's got these pinstripes that are actually 304 00:15:47,640 --> 00:15:52,840 Speaker 2: like raised metal. Yes, the screens are screens. It's like 305 00:15:52,920 --> 00:15:55,720 Speaker 2: highly technological, but they're not too much. It's not they 306 00:15:56,200 --> 00:15:59,880 Speaker 2: and they work perfectly and they're so intuitive seamless. I 307 00:16:00,120 --> 00:16:01,440 Speaker 2: was trying to think on the way to work this 308 00:16:01,520 --> 00:16:04,760 Speaker 2: morning what my complaints would be other than the price. Right, 309 00:16:04,880 --> 00:16:07,320 Speaker 2: I'm never gonna a two hundred and twenty five. I 310 00:16:07,360 --> 00:16:09,000 Speaker 2: mean it might be might as well be an Aston 311 00:16:09,040 --> 00:16:11,440 Speaker 2: Martin or a Ferrari, honestly when you get to that level. 312 00:16:13,160 --> 00:16:16,120 Speaker 2: But other than that, my only complaint is that it's 313 00:16:16,160 --> 00:16:18,720 Speaker 2: a little cramped for somebody who's six foot three. 314 00:16:19,440 --> 00:16:22,440 Speaker 1: And the legs are the headroom the legs, yeah, because 315 00:16:22,480 --> 00:16:24,480 Speaker 1: I thought the headroom was actually pretty good, but you 316 00:16:24,560 --> 00:16:26,040 Speaker 1: mean like leg wise. 317 00:16:25,840 --> 00:16:28,160 Speaker 2: Yeah, I mean I'm all leg and I had the 318 00:16:28,200 --> 00:16:30,560 Speaker 2: car as I had to seat as far back as 319 00:16:30,600 --> 00:16:32,440 Speaker 2: I could get it, and I just feel like at 320 00:16:32,440 --> 00:16:34,880 Speaker 2: this price point, you could add a couple inches in 321 00:16:34,960 --> 00:16:37,480 Speaker 2: the cockpit. But maybe and I was going to ask 322 00:16:37,480 --> 00:16:41,560 Speaker 2: you about this, maybe they want to remind the buyer 323 00:16:42,000 --> 00:16:44,800 Speaker 2: of a three hundred SL like maybe they're trying to 324 00:16:44,840 --> 00:16:46,800 Speaker 2: keep that feeling. And the sills, the door sills are 325 00:16:46,880 --> 00:16:50,560 Speaker 2: kind of high, not obviously old school SL high. But 326 00:16:52,960 --> 00:16:55,120 Speaker 2: I've never driven a three hundred SL but I've sat 327 00:16:55,120 --> 00:16:58,200 Speaker 2: in one or a few, and I got kind of 328 00:16:58,200 --> 00:17:00,320 Speaker 2: the same feeling. You have to climb in to the 329 00:17:00,360 --> 00:17:05,880 Speaker 2: cockpit and you feel like an athlete when you're driving this. Yes, 330 00:17:06,119 --> 00:17:08,400 Speaker 2: it feels like a sports car. So I just think 331 00:17:09,160 --> 00:17:12,720 Speaker 2: I can't say enough good about it. Actually, it's it's amazing. 332 00:17:12,800 --> 00:17:14,040 Speaker 2: If I had the money that. 333 00:17:14,040 --> 00:17:14,840 Speaker 5: Would get that one. 334 00:17:14,880 --> 00:17:18,760 Speaker 1: Well, I agree, I as someone who used to own 335 00:17:18,840 --> 00:17:20,639 Speaker 1: an SL. I had a five point sixty when I 336 00:17:20,680 --> 00:17:24,560 Speaker 1: first moved to Los Angeles. I love the heritage of 337 00:17:24,800 --> 00:17:28,600 Speaker 1: the SL line from the goal wings, and I've done 338 00:17:28,680 --> 00:17:31,760 Speaker 1: rallies in the goal wings before. I've owned an SL 339 00:17:31,840 --> 00:17:35,680 Speaker 1: from an eighty eight. And now this, obviously this really 340 00:17:35,760 --> 00:17:38,720 Speaker 1: isn't close at all to the essays of the past, 341 00:17:38,920 --> 00:17:42,520 Speaker 1: but you're right in the way that the seat orientation 342 00:17:42,760 --> 00:17:46,240 Speaker 1: is inside and I felt that same way into my box. 343 00:17:46,520 --> 00:17:47,600 Speaker 5: I was in the car. 344 00:17:47,680 --> 00:17:49,639 Speaker 1: The car was like I put on the car like 345 00:17:49,680 --> 00:17:53,800 Speaker 1: a coat over my shoulders, and I felt very hugged 346 00:17:54,280 --> 00:17:58,080 Speaker 1: and embraced by the car. Not that it was stifling 347 00:17:58,320 --> 00:18:01,119 Speaker 1: at all, but it just felt very comforting. And this 348 00:18:01,160 --> 00:18:04,080 Speaker 1: is where it starts to sound woo woo, but it's true. 349 00:18:04,119 --> 00:18:06,879 Speaker 1: There's something about the way the seed is possession and 350 00:18:06,960 --> 00:18:08,320 Speaker 1: you're in it. 351 00:18:08,320 --> 00:18:09,119 Speaker 5: It's you're not. 352 00:18:09,320 --> 00:18:11,600 Speaker 1: I hate feeling like you're on top of something and 353 00:18:11,640 --> 00:18:13,560 Speaker 1: you're just like driving a skateboard. 354 00:18:15,720 --> 00:18:18,280 Speaker 2: I'm Matt Miller along with Hannah Elliott. You're listening to 355 00:18:18,400 --> 00:18:34,840 Speaker 2: Hot Pursuit. We have more coming up after this, so. 356 00:18:34,800 --> 00:18:38,280 Speaker 1: We're gonna talk with Charles Richmond, who is the eleventh 357 00:18:38,400 --> 00:18:42,360 Speaker 1: Duke of Richmond. You might have heard of Goodwood. He 358 00:18:42,760 --> 00:18:45,560 Speaker 1: is the person who owns Goodwood man behind him. He 359 00:18:45,600 --> 00:18:49,480 Speaker 1: actually succeeded his father as chairman of the Goodwood Estate 360 00:18:49,480 --> 00:18:52,240 Speaker 1: in nineteen ninety four after a career as a photographer. 361 00:18:52,320 --> 00:18:53,000 Speaker 5: So he is. 362 00:18:53,080 --> 00:18:58,679 Speaker 1: Truly born and bred all things automotive in the best 363 00:18:58,760 --> 00:19:02,760 Speaker 1: British proper. So he's actually even earned a CBE for 364 00:19:02,840 --> 00:19:06,040 Speaker 1: his contributions in that area and we are so happy 365 00:19:06,040 --> 00:19:07,000 Speaker 1: to have him joining us. 366 00:19:07,240 --> 00:19:13,840 Speaker 2: Now I believe we shall address his excellency as my 367 00:19:13,960 --> 00:19:14,560 Speaker 2: Lord Duke. 368 00:19:17,240 --> 00:19:18,320 Speaker 4: I think will be fine. 369 00:19:20,280 --> 00:19:24,120 Speaker 2: It's really very cool to have you here because we 370 00:19:24,200 --> 00:19:27,800 Speaker 2: talked about uh this is a weekly podcast and we 371 00:19:28,680 --> 00:19:31,920 Speaker 2: tend towards the the finer things in life, so we 372 00:19:31,960 --> 00:19:35,720 Speaker 2: talk about Goodwood quite a bit on this program, and 373 00:19:36,200 --> 00:19:38,720 Speaker 2: I was I was really thrilled when Hannah told me 374 00:19:38,800 --> 00:19:41,240 Speaker 2: she'd managed to secure an interview with you. So thank 375 00:19:41,359 --> 00:19:43,280 Speaker 2: thank you so much for joining us. 376 00:19:43,880 --> 00:19:45,880 Speaker 4: Pleasure man. I'm delighted to be involved. 377 00:19:47,359 --> 00:19:52,560 Speaker 2: So Goodwood coming up next month. It's one of the 378 00:19:52,560 --> 00:19:56,800 Speaker 2: premier events for if not the premier event for car 379 00:19:56,840 --> 00:20:00,320 Speaker 2: lovers around the world. Tell us in our listers who 380 00:20:00,320 --> 00:20:03,439 Speaker 2: aren't familiar with it, exactly how you got started, because 381 00:20:03,560 --> 00:20:06,040 Speaker 2: Goodwood is steeped in automotive history. 382 00:20:07,560 --> 00:20:09,840 Speaker 3: Yeah, we're obviously talking about the Goodwood Revival. So there 383 00:20:09,840 --> 00:20:11,719 Speaker 3: are a number of things that go on here. Festival 384 00:20:11,800 --> 00:20:17,680 Speaker 3: Speeds another one, but the revival is very much, very 385 00:20:17,760 --> 00:20:23,359 Speaker 3: much part of the whole story. And so my grandfather, 386 00:20:24,640 --> 00:20:28,000 Speaker 3: Freddie was a racing driver before the war in nineteen thirties, 387 00:20:28,560 --> 00:20:33,199 Speaker 3: and he allowed the RAF to turn one of the 388 00:20:33,240 --> 00:20:36,520 Speaker 3: farms here at Goodwood into Battle of Britain airfield. 389 00:20:37,880 --> 00:20:38,920 Speaker 4: At the beginning of the war. 390 00:20:39,440 --> 00:20:42,360 Speaker 3: And in order to do that they built a perimeterive 391 00:20:42,359 --> 00:20:45,959 Speaker 3: track around around this airfield, which is so often more 392 00:20:46,000 --> 00:20:50,480 Speaker 3: happened with those sort of those sort of satellite airfields 393 00:20:50,520 --> 00:20:53,320 Speaker 3: around southern England. It was a very busy, It was 394 00:20:53,400 --> 00:20:55,960 Speaker 3: very busy in the war. Douglas Barda. 395 00:20:57,760 --> 00:20:58,720 Speaker 4: And some great. 396 00:21:00,000 --> 00:21:08,000 Speaker 3: Some really really great pilots flew from here and it 397 00:21:08,040 --> 00:21:11,600 Speaker 3: was a very busy. It was a very busy active, 398 00:21:13,480 --> 00:21:18,000 Speaker 3: a very busy active airfield. And after the war, a 399 00:21:18,240 --> 00:21:22,080 Speaker 3: young Australian pilot who also became a very successful driver, 400 00:21:22,160 --> 00:21:26,960 Speaker 3: called Tony Gaze. He suggests my grandfather this perimeter track 401 00:21:27,000 --> 00:21:30,080 Speaker 3: they'd built around the airfield would make a great race 402 00:21:30,119 --> 00:21:32,080 Speaker 3: track because all the young pilots have been tearing around, 403 00:21:33,040 --> 00:21:36,080 Speaker 3: tearing around it were when they were not flying their 404 00:21:36,080 --> 00:21:39,239 Speaker 3: spit first and so he looked at it. He got 405 00:21:39,320 --> 00:21:42,399 Speaker 3: John Cooper down. They had to go around it. They 406 00:21:42,400 --> 00:21:44,040 Speaker 3: went the other way to start with, They went the 407 00:21:44,080 --> 00:21:46,360 Speaker 3: opposite way around and they decided to make a great 408 00:21:46,440 --> 00:21:52,000 Speaker 3: race track. And in September nineteen forty eight they had 409 00:21:52,040 --> 00:21:54,400 Speaker 3: their very first meeting and that was the first race 410 00:21:54,480 --> 00:21:57,520 Speaker 3: meds to open after the war, and it was always 411 00:21:57,520 --> 00:22:01,960 Speaker 3: Easter Monday. It was the first big, a big race 412 00:22:02,000 --> 00:22:04,639 Speaker 3: meeting of the year. It was very social. All the 413 00:22:04,680 --> 00:22:07,120 Speaker 3: great teams were here, all the great drivers were here, 414 00:22:07,760 --> 00:22:11,400 Speaker 3: and I used to come as a small boy, and 415 00:22:11,720 --> 00:22:16,080 Speaker 3: I was horrified in nineteen sixty six when he decided, 416 00:22:16,080 --> 00:22:18,320 Speaker 3: my grandfather decided for all sorts. 417 00:22:18,119 --> 00:22:20,200 Speaker 4: Of personal reasons, he was going to shut it down. 418 00:22:21,480 --> 00:22:26,400 Speaker 3: And that I was very disappointed, and so I kind 419 00:22:26,400 --> 00:22:28,280 Speaker 3: of fold one day we'd try and get it going again. 420 00:22:28,880 --> 00:22:31,040 Speaker 4: And when I came back to live at Goodwood. 421 00:22:32,640 --> 00:22:36,680 Speaker 3: In the early nineties, that was something that I looked 422 00:22:36,680 --> 00:22:40,040 Speaker 3: at very early on. It was all collapse, fallen down. 423 00:22:40,040 --> 00:22:41,480 Speaker 3: It was used for a bit of testing, but the 424 00:22:41,520 --> 00:22:46,919 Speaker 3: buildings were all gone and the airfield was still busy 425 00:22:46,080 --> 00:22:48,120 Speaker 3: in the middle of it. 426 00:22:49,000 --> 00:22:54,240 Speaker 4: And we immediately started to sort of make. 427 00:22:57,440 --> 00:23:00,640 Speaker 3: Inquiries with the local authority, the local government about how 428 00:23:00,680 --> 00:23:02,680 Speaker 3: we could gets going again, and we met a wall 429 00:23:02,720 --> 00:23:04,639 Speaker 3: of resistance. So that looked like it was going to 430 00:23:04,640 --> 00:23:11,480 Speaker 3: be very very challenging, and eventually it looked pretty impossible. 431 00:23:12,240 --> 00:23:14,240 Speaker 1: I was just going to ask, you know, for people 432 00:23:14,240 --> 00:23:18,879 Speaker 1: who haven't been to the Festival of Speed or Revival. 433 00:23:19,119 --> 00:23:21,760 Speaker 1: Can you kind of explain the difference. Obviously, Revival is 434 00:23:21,960 --> 00:23:25,440 Speaker 1: very period correct, both for the people who are attending 435 00:23:26,240 --> 00:23:28,879 Speaker 1: and for the cars and for the races. Festival of 436 00:23:28,920 --> 00:23:32,360 Speaker 1: Speed at this point seems like a huge, massive car 437 00:23:32,440 --> 00:23:35,119 Speaker 1: show with new cars going up the hill. Can you 438 00:23:35,200 --> 00:23:39,399 Speaker 1: kind of say, you know, Okay, if you're a certain person, 439 00:23:39,560 --> 00:23:41,760 Speaker 1: go to Festival of Speed. If you're another kind of person, 440 00:23:41,960 --> 00:23:44,800 Speaker 1: go to Revival. It's because they're very different. 441 00:23:46,240 --> 00:23:47,240 Speaker 4: Welly're very very different. 442 00:23:47,280 --> 00:23:51,639 Speaker 3: So yeah, the Festival Speed is four days. It's a 443 00:23:51,720 --> 00:23:55,159 Speaker 3: celebration of the motor carn all its forms, and it 444 00:23:55,359 --> 00:23:57,360 Speaker 3: celebrates the past, present and the future. 445 00:23:58,600 --> 00:23:59,920 Speaker 4: Future is really important too. 446 00:24:00,560 --> 00:24:03,399 Speaker 3: It's a the cars are driven in front of the 447 00:24:03,440 --> 00:24:06,679 Speaker 3: house on this piece of road. It's as they go 448 00:24:06,800 --> 00:24:10,000 Speaker 3: up this hill. It's one point one mile length, and 449 00:24:10,040 --> 00:24:13,880 Speaker 3: the big differences. They go one at a time and 450 00:24:13,880 --> 00:24:15,639 Speaker 3: and some of them are you know, some of them 451 00:24:15,640 --> 00:24:18,480 Speaker 3: are demonstration only. Some of them are being extremely competitive. 452 00:24:18,960 --> 00:24:20,800 Speaker 3: And you see an F one car at full chat 453 00:24:20,800 --> 00:24:22,600 Speaker 3: on a on a piece of road that's only a 454 00:24:22,600 --> 00:24:23,800 Speaker 3: few meters wide. 455 00:24:25,000 --> 00:24:25,680 Speaker 4: In front of the house. 456 00:24:25,680 --> 00:24:29,840 Speaker 3: It's a you know, it's a pretty pretty those first 457 00:24:29,920 --> 00:24:32,960 Speaker 3: years everyone was so shot was literally a stringline. You'd 458 00:24:32,960 --> 00:24:34,800 Speaker 3: be sating there. It's just a piece of string across 459 00:24:35,440 --> 00:24:37,200 Speaker 3: god as. 460 00:24:37,000 --> 00:24:39,800 Speaker 4: A McLaren went past you. 461 00:24:41,080 --> 00:24:43,960 Speaker 3: So it became a thing, and it's and it's it 462 00:24:44,040 --> 00:24:46,280 Speaker 3: really is a celebration and the sort of joy of 463 00:24:46,520 --> 00:24:49,639 Speaker 3: mobility and and it's turned into all of that, and 464 00:24:49,680 --> 00:24:53,159 Speaker 3: the manufacturer's got involved very quickly. They got super enthusiastic 465 00:24:53,200 --> 00:24:56,000 Speaker 3: about it. So we're very you know, every major manufacturer 466 00:24:56,000 --> 00:24:58,600 Speaker 3: in the world one where another has been involved, and 467 00:24:58,640 --> 00:25:01,360 Speaker 3: most of them still are. And there are no motor 468 00:25:01,359 --> 00:25:04,440 Speaker 3: shows in the world now either, really, so we're a kind. 469 00:25:04,200 --> 00:25:06,200 Speaker 4: Of the answer to the motor show. 470 00:25:06,440 --> 00:25:12,040 Speaker 3: And and and it's dynamic so that people can actually 471 00:25:12,040 --> 00:25:15,200 Speaker 3: see the car moving. So we you know, we had lots, 472 00:25:15,240 --> 00:25:17,480 Speaker 3: I don't know how many launches. We have twelve major 473 00:25:17,560 --> 00:25:20,320 Speaker 3: launches this year or something, you know, from cars from 474 00:25:20,800 --> 00:25:24,600 Speaker 3: you know, mass production cars to hyper cars to every 475 00:25:24,640 --> 00:25:29,040 Speaker 3: sort of thing. And you know, there's very little opportunity 476 00:25:29,080 --> 00:25:31,920 Speaker 3: now for manufacturers. They can launch cars digitally, which became 477 00:25:32,000 --> 00:25:33,280 Speaker 3: quite fashionable. 478 00:25:32,760 --> 00:25:34,200 Speaker 4: For a while, but I think after. 479 00:25:34,800 --> 00:25:37,680 Speaker 3: That way it's not really the same as doing because 480 00:25:38,119 --> 00:25:40,040 Speaker 3: they need to do it live but also send those 481 00:25:40,040 --> 00:25:42,320 Speaker 3: messages around the world at the same time, so I 482 00:25:42,359 --> 00:25:45,160 Speaker 3: think we offer an interesting platform for that, and it's 483 00:25:45,240 --> 00:25:47,320 Speaker 3: just a really big shared the experience. Everyone here is 484 00:25:47,359 --> 00:25:51,520 Speaker 3: a massive car, massive enthusiasts. They're total, you know, they're 485 00:25:51,560 --> 00:25:52,160 Speaker 3: so into it. 486 00:25:52,400 --> 00:25:55,960 Speaker 2: I want to finally ask about the the revival. Obviously, 487 00:25:56,040 --> 00:26:01,119 Speaker 2: the cars are the main attraction, and the plane planes 488 00:26:01,119 --> 00:26:03,320 Speaker 2: in the morning would be fantastic, and I imagine you 489 00:26:03,359 --> 00:26:08,600 Speaker 2: have some amazing motorcycles there as well. But for many people, 490 00:26:09,320 --> 00:26:13,400 Speaker 2: you know, dressing up to the period and bringing period 491 00:26:13,440 --> 00:26:17,600 Speaker 2: gear must also be just as much fun. And we 492 00:26:17,720 --> 00:26:20,040 Speaker 2: know where to get all the cars. Hannah writes about 493 00:26:20,520 --> 00:26:24,680 Speaker 2: that that's her day job. But where does one properly 494 00:26:24,760 --> 00:26:28,159 Speaker 2: outfit himself for this event? I mean, is there a 495 00:26:28,240 --> 00:26:32,320 Speaker 2: clothier near Goodwood or someone in London that you would recommend? 496 00:26:34,080 --> 00:26:36,320 Speaker 3: Well, that's a good, very good question actually, But the 497 00:26:36,640 --> 00:26:40,359 Speaker 3: I mean one thing is when vintage is important, and 498 00:26:40,440 --> 00:26:43,720 Speaker 3: real vintage is important, you know, the whole the real 499 00:26:43,720 --> 00:26:45,960 Speaker 3: ethos event is around revive and thrive. 500 00:26:46,600 --> 00:26:47,879 Speaker 4: So it's what we call it. 501 00:26:47,960 --> 00:26:49,639 Speaker 3: So it's about, you know, by the best made to 502 00:26:49,760 --> 00:26:53,639 Speaker 3: last second hands really a really good thing and things 503 00:26:53,680 --> 00:26:57,639 Speaker 3: on and look after things. I mean, for instance, it's 504 00:26:57,680 --> 00:27:00,280 Speaker 3: just worth mentioning all the cars. It's the only port 505 00:27:00,280 --> 00:27:01,920 Speaker 3: event in the world where all the cars are mandated 506 00:27:01,920 --> 00:27:05,159 Speaker 3: on synthetic fuel, so they're all running synthetic fuel. So 507 00:27:05,200 --> 00:27:07,919 Speaker 3: the whole sustainability thing is an important part of the 508 00:27:07,920 --> 00:27:09,400 Speaker 3: bend and that's the important part of what you wear. 509 00:27:10,040 --> 00:27:11,760 Speaker 4: But we're not saying it has to be a vintage. 510 00:27:11,760 --> 00:27:15,000 Speaker 3: We're saying, you know, if it's beautifully made, you know, 511 00:27:15,200 --> 00:27:18,840 Speaker 3: properly tailored, and it's and it's it's gonna last, and 512 00:27:18,880 --> 00:27:20,800 Speaker 3: that's fine. You could just work get a great hat. 513 00:27:20,880 --> 00:27:22,639 Speaker 3: You know, you go to Locks and Saint James's and 514 00:27:22,720 --> 00:27:25,320 Speaker 3: buy a great hat. London, you can get go to 515 00:27:26,200 --> 00:27:29,800 Speaker 3: Portobello where all the second hand shops are and get 516 00:27:29,880 --> 00:27:31,080 Speaker 3: some great second hand kit. 517 00:27:31,600 --> 00:27:36,040 Speaker 4: But you know, you don't. People do it by degrees. 518 00:27:37,320 --> 00:27:41,760 Speaker 3: And you can go online obviously Etsy and all those 519 00:27:42,119 --> 00:27:46,280 Speaker 3: sites they've got great vintage. So that world has been transformed. 520 00:27:46,280 --> 00:27:47,720 Speaker 3: I mean, the fact you can buy it all online 521 00:27:47,760 --> 00:27:56,399 Speaker 3: now is it is is fabulous and I mean there 522 00:27:56,400 --> 00:27:59,440 Speaker 3: are still a few secondhand shops around, but probably Portabello 523 00:27:59,520 --> 00:28:02,600 Speaker 3: is the best. It's mesure boot for girls for girls stuff. 524 00:28:02,640 --> 00:28:05,359 Speaker 3: You know, some very serious collectors. I mean people were 525 00:28:05,440 --> 00:28:07,560 Speaker 3: very tiny. Then that's another slight challenge. You know, they 526 00:28:07,560 --> 00:28:12,080 Speaker 3: were much they were much smaller. But there's a whole 527 00:28:12,200 --> 00:28:16,000 Speaker 3: massive vinted shops at Revival itself. And we've got our 528 00:28:16,119 --> 00:28:19,240 Speaker 3: you know, Detavontees and Dandy Wellington and all these people 529 00:28:19,280 --> 00:28:22,280 Speaker 3: here coming coming here to you know, talk about vintage 530 00:28:22,320 --> 00:28:24,600 Speaker 3: and talk about the whole sort of lifestyle of vintage, 531 00:28:24,600 --> 00:28:27,320 Speaker 3: and they just live it. These people live the whole 532 00:28:27,480 --> 00:28:31,120 Speaker 3: live the whole thing completely. So it's a very important 533 00:28:31,119 --> 00:28:34,080 Speaker 3: part of the event. And people got eighty hairdressers on site, 534 00:28:34,160 --> 00:28:36,160 Speaker 3: saying everyone, you know, the whole hair and makeup thing. 535 00:28:36,720 --> 00:28:40,720 Speaker 3: It's amazing people look at to. So they arrive really early, 536 00:28:40,800 --> 00:28:43,720 Speaker 3: they get their hair done, you know, they arrive in 537 00:28:43,760 --> 00:28:45,880 Speaker 3: a lovely old assa Martin. They get their hair done there, 538 00:28:45,880 --> 00:28:48,560 Speaker 3: everyone gets ready to have a fabulous breakfast bottle champagne. 539 00:28:48,560 --> 00:28:49,120 Speaker 4: They're ready to go. 540 00:28:50,560 --> 00:28:54,240 Speaker 1: Could you we need to make this happen. Matt, I'm there, 541 00:28:54,400 --> 00:28:57,479 Speaker 1: I'm there. I like I said, I've been to Festival 542 00:28:57,480 --> 00:29:00,840 Speaker 1: of Speed, but Revival, I actually hear is is really 543 00:29:00,880 --> 00:29:01,360 Speaker 1: the jewel. 544 00:29:02,720 --> 00:29:05,800 Speaker 4: If you're coming, Matt said, you were coming earlier. 545 00:29:06,840 --> 00:29:09,160 Speaker 5: I hope, So I hope, so I hope. 546 00:29:09,520 --> 00:29:11,800 Speaker 2: All right, well now I'd like to change. Now, let's 547 00:29:11,880 --> 00:29:13,320 Speaker 2: change my plans and come as well. I mean, it 548 00:29:13,320 --> 00:29:16,560 Speaker 2: sounds like the most delicious event. 549 00:29:16,960 --> 00:29:20,160 Speaker 1: Yes, yes, thank you so much for joining us, your grace, 550 00:29:20,480 --> 00:29:22,800 Speaker 1: It was truly truly a pleasure. 551 00:29:22,840 --> 00:29:26,160 Speaker 2: At Bloomberg dot net and check out Hannah's columns and 552 00:29:26,200 --> 00:29:29,160 Speaker 2: stories on Bloomberg dot com and on the Bloomberg Business 553 00:29:29,160 --> 00:29:31,920 Speaker 2: app and the Bloomberg Terminal. Go there for car reviews, 554 00:29:32,000 --> 00:29:35,360 Speaker 2: events and stories that you won't find anywhere else. Find 555 00:29:35,360 --> 00:29:38,640 Speaker 2: it all at Bloomberg dot com, slash Pursuits, slash Autos. 556 00:29:39,160 --> 00:29:41,400 Speaker 2: I'm Matt Miller and I'm Hannah Elliott. 557 00:29:41,520 --> 00:29:44,000 Speaker 5: We'll be back in your podcast speed again next week