1
00:00:02,520 --> 00:00:10,479
Speaker 1: Bloomberg Audio Studios, podcasts, radio news. I'm Matt Miller and

2
00:00:10,520 --> 00:00:20,239
Speaker 1: I'm Hannah Elliott, and this is Hot Pursuit. Do you

3
00:00:20,280 --> 00:00:22,600
Speaker 1: want to know what happened this morning? On my way

4
00:00:22,640 --> 00:00:24,880
Speaker 1: to the office or before, as I was trying to

5
00:00:24,960 --> 00:00:29,520
Speaker 1: leave for the office, Willow locked us out of the car.

6
00:00:29,600 --> 00:00:31,440
Speaker 1: I was going to drive to work today with the

7
00:00:31,520 --> 00:00:33,880
Speaker 1: keys in the car and also the clicker to open

8
00:00:33,920 --> 00:00:37,120
Speaker 1: the gate that lets the car out. So this morning

9
00:00:37,240 --> 00:00:42,200
Speaker 1: was a scramble of literally removing the gate box from

10
00:00:42,240 --> 00:00:44,640
Speaker 1: the wall so we could get into the controls and

11
00:00:44,720 --> 00:00:46,280
Speaker 1: manually open our gate.

12
00:00:46,960 --> 00:00:47,960
Speaker 2: No, I know.

13
00:00:48,040 --> 00:00:49,839
Speaker 1: And it's so cute because you can't get mad at

14
00:00:49,840 --> 00:00:52,760
Speaker 1: her because her little face is so cute, and she's

15
00:00:52,800 --> 00:00:55,080
Speaker 1: done this once before, and the one time she locked

16
00:00:55,160 --> 00:00:57,840
Speaker 1: the car before she was inside it, which was also

17
00:00:57,920 --> 00:00:59,960
Speaker 1: panic inducing because we didn't want her to overheat.

18
00:01:01,640 --> 00:01:04,040
Speaker 2: But why didn't you just grab a hanger. It's not

19
00:01:04,120 --> 00:01:05,160
Speaker 2: a new car, right.

20
00:01:05,400 --> 00:01:08,000
Speaker 1: Well, it's at twenty fourteen. It's the it's the twenty

21
00:01:08,040 --> 00:01:10,039
Speaker 1: fourteen Turbo, so it is.

22
00:01:10,120 --> 00:01:13,800
Speaker 2: Rather new, so hard to down the window.

23
00:01:13,959 --> 00:01:16,679
Speaker 1: Although, yeah, the other time this happened, it was in

24
00:01:16,760 --> 00:01:18,840
Speaker 1: the parking lot of a home depot and you know

25
00:01:18,920 --> 00:01:21,440
Speaker 1: how a lot of nice guys sort of hang out

26
00:01:21,480 --> 00:01:23,520
Speaker 1: in the parking lot trying to get work. Well, they

27
00:01:23,760 --> 00:01:26,960
Speaker 1: came over right away and we're so helpful, and they

28
00:01:27,000 --> 00:01:29,360
Speaker 1: had lots of hangers and yeah, they I mean they

29
00:01:29,400 --> 00:01:31,800
Speaker 1: saw the situation because it was a really hot California

30
00:01:31,920 --> 00:01:35,520
Speaker 1: day and we actually did in the end shimmy a

31
00:01:35,560 --> 00:01:38,360
Speaker 1: hanger in, but I think probably that wasn't great for

32
00:01:38,440 --> 00:01:41,040
Speaker 1: the car. But we had to get our dog out. Well. Yeah,

33
00:01:41,080 --> 00:01:42,920
Speaker 1: I mean this time wasn't as dar but I was

34
00:01:42,959 --> 00:01:44,560
Speaker 1: kind of annoyed because I wanted to get to the

35
00:01:44,560 --> 00:01:47,360
Speaker 1: office early and you know, get everything going before I

36
00:01:47,400 --> 00:01:49,880
Speaker 1: was going to talk to you and James, and yeah,

37
00:01:49,960 --> 00:01:53,120
Speaker 1: best laid plans. So I left. Magnus was still there

38
00:01:53,160 --> 00:01:54,960
Speaker 1: trying to figure out how to get the car open.

39
00:01:55,440 --> 00:01:57,480
Speaker 1: I was just like, I'll take the other one, is it.

40
00:01:58,200 --> 00:02:00,680
Speaker 2: I don't know if it's clear to everyone. Willow is

41
00:02:00,720 --> 00:02:01,440
Speaker 2: a German Shepherd.

42
00:02:01,480 --> 00:02:03,640
Speaker 1: Willow is a dog, yes, but a German.

43
00:02:03,400 --> 00:02:07,000
Speaker 2: Shepherd is I don't have like a Pekinese in your

44
00:02:07,120 --> 00:02:09,480
Speaker 2: nine to eleven. You have a German Shepherd in the

45
00:02:09,560 --> 00:02:10,320
Speaker 2: nine to eleven.

46
00:02:10,560 --> 00:02:13,360
Speaker 1: Yes, and she loves it. She loves wedging her little

47
00:02:13,360 --> 00:02:16,040
Speaker 1: self in the backseat. It's actually the perfect size for her.

48
00:02:16,080 --> 00:02:18,560
Speaker 1: It's like a little cubby hole, and she loves wedging

49
00:02:18,560 --> 00:02:21,320
Speaker 1: herself back there. And we know exactly what happened, which

50
00:02:21,440 --> 00:02:25,359
Speaker 1: was last night, Magnus and I got home at exactly

51
00:02:25,400 --> 00:02:27,520
Speaker 1: the same time, and we were going to I jumped

52
00:02:27,560 --> 00:02:29,280
Speaker 1: out really quick, and he jumped out because we were

53
00:02:29,280 --> 00:02:31,040
Speaker 1: excited to see each other and we were going to

54
00:02:31,480 --> 00:02:33,359
Speaker 1: get in the same car and then go off to dinner,

55
00:02:33,760 --> 00:02:35,799
Speaker 1: and so it was a little distracting, and he left

56
00:02:35,800 --> 00:02:37,919
Speaker 1: the key in the car, and then Willow jumped out,

57
00:02:37,960 --> 00:02:41,160
Speaker 1: and when she jumped out, she hit lock on the

58
00:02:41,320 --> 00:02:44,400
Speaker 1: center console. And then Magnus, you know, closed the door

59
00:02:45,000 --> 00:02:47,160
Speaker 1: to give me a kiss and say hi, and we

60
00:02:47,240 --> 00:02:49,480
Speaker 1: got in the other car and drove away and didn't

61
00:02:49,480 --> 00:02:54,360
Speaker 1: even think anything of it. I see, no, she wasn't

62
00:02:54,360 --> 00:02:56,520
Speaker 1: stuck this time. She was on her way out, and

63
00:02:56,560 --> 00:03:00,079
Speaker 1: she we think, hit lock, and then, you know.

64
00:03:00,240 --> 00:03:02,240
Speaker 2: By the way, I feel like there's a market for so.

65
00:03:02,840 --> 00:03:07,799
Speaker 2: My dog, Steve, one hundred and thirty pound rottweiler, also

66
00:03:07,919 --> 00:03:10,600
Speaker 2: loved to ride in the back of nine to eleven,

67
00:03:10,840 --> 00:03:15,240
Speaker 2: and the big problem was in the rear seat the

68
00:03:15,280 --> 00:03:18,960
Speaker 2: two recesses, the two butt spaces, yes, you know, and

69
00:03:18,960 --> 00:03:22,520
Speaker 2: then there's a middle there's a center bump that comes up.

70
00:03:22,560 --> 00:03:24,360
Speaker 2: So what I would do is I would put two

71
00:03:25,040 --> 00:03:30,880
Speaker 2: pretty solid pillows in each well reset to even it out.

72
00:03:30,960 --> 00:03:34,440
Speaker 2: But I was always thinking there's a market for a

73
00:03:34,480 --> 00:03:36,400
Speaker 2: better way to take your dog in a nine to eleven,

74
00:03:36,480 --> 00:03:38,200
Speaker 2: which all you need to do is sell a pre

75
00:03:38,360 --> 00:03:41,960
Speaker 2: shaped foam insert you know that goes in not only

76
00:03:42,080 --> 00:03:45,760
Speaker 2: the recesses of the seat but the footwell. Yes, and

77
00:03:45,800 --> 00:03:48,119
Speaker 2: I don't know why no one's developed that yet.

78
00:03:48,000 --> 00:03:50,480
Speaker 1: I don't know. I mean, did you ever you know

79
00:03:50,560 --> 00:03:52,280
Speaker 1: you can sort of flatten out the seats and make

80
00:03:52,320 --> 00:03:55,000
Speaker 1: it into a ledge. Yeah, did you ever do that?

81
00:03:55,600 --> 00:03:59,200
Speaker 1: Because it's no idea.

82
00:03:59,720 --> 00:04:02,680
Speaker 2: And also you can put the seat down and make

83
00:04:02,720 --> 00:04:05,920
Speaker 2: it into a tall ledge, but that's then too leaving

84
00:04:05,920 --> 00:04:09,120
Speaker 2: too little room for the German shepherd or rotweiler, And

85
00:04:09,160 --> 00:04:09,440
Speaker 2: you know.

86
00:04:09,440 --> 00:04:11,400
Speaker 1: It does take a minute for them to get comfortable,

87
00:04:11,440 --> 00:04:14,000
Speaker 1: Like she does the funny cartoon thing where she turns

88
00:04:14,040 --> 00:04:17,600
Speaker 1: around three times and it lays down. It's so cute.

89
00:04:17,920 --> 00:04:21,160
Speaker 1: But once she's wedged in, she's in and she's really happy.

90
00:04:21,320 --> 00:04:22,360
Speaker 2: Dogs are the best.

91
00:04:22,600 --> 00:04:23,719
Speaker 1: Dogs are the best.

92
00:04:24,080 --> 00:04:26,040
Speaker 2: Yeah, all right, so.

93
00:04:27,480 --> 00:04:32,000
Speaker 1: Okay we have We've got James joining us, James Vowels

94
00:04:32,520 --> 00:04:33,560
Speaker 1: of William's Racing.

95
00:04:33,800 --> 00:04:36,880
Speaker 2: Do you know it's hilarious so or maybe not hilarious

96
00:04:36,920 --> 00:04:41,920
Speaker 2: but maybe ironic. Is that last week when we were

97
00:04:41,960 --> 00:04:47,520
Speaker 2: doing this, I said, Formula one, not only is it

98
00:04:47,560 --> 00:04:52,000
Speaker 2: more boring than Moto GP, but also it's different in

99
00:04:52,040 --> 00:04:57,000
Speaker 2: that you've got the goat, Lewis Hamilton driving the most

100
00:04:57,000 --> 00:05:01,000
Speaker 2: prominent brand Ferrari and then not winning. Everyone is beating him.

101
00:05:01,160 --> 00:05:04,920
Speaker 2: And then I said, Moto GP, which is far more exciting,

102
00:05:05,120 --> 00:05:08,880
Speaker 2: is different because Mark Marquez, who's arguably the goat, is

103
00:05:08,960 --> 00:05:12,200
Speaker 2: riding the most prominent brand Ducatti and killing it. But

104
00:05:12,560 --> 00:05:15,039
Speaker 2: the funny thing is, as soon as I said that

105
00:05:15,200 --> 00:05:18,600
Speaker 2: and the podcast goes out, I went to a poker

106
00:05:18,680 --> 00:05:21,680
Speaker 2: game and they had the sprint race on because it

107
00:05:21,760 --> 00:05:25,560
Speaker 2: happened Friday night, yes, and Hamilton won the Sprint and

108
00:05:25,640 --> 00:05:29,120
Speaker 2: everybody was like so excited, and it was like goosebump

109
00:05:29,120 --> 00:05:31,920
Speaker 2: inducing and people were like, oh my god, if Hamilton

110
00:05:32,000 --> 00:05:34,599
Speaker 2: can win in the Ferrari, if he can just podium

111
00:05:34,680 --> 00:05:37,640
Speaker 2: like multiple times this season, it's gonna be amazing. Like

112
00:05:37,680 --> 00:05:40,760
Speaker 2: a story for the sport for the ages, yes, you know,

113
00:05:40,880 --> 00:05:44,680
Speaker 2: and like legitimately exciting. I couldn't pay attention. I lost

114
00:05:44,720 --> 00:05:48,640
Speaker 2: all my money at least all the chips. So I

115
00:05:48,720 --> 00:05:51,720
Speaker 2: was so excited. And then on the other hand, Moto

116
00:05:51,800 --> 00:05:56,920
Speaker 2: GP has been dead boring this year because Marquez wins

117
00:05:56,960 --> 00:06:00,440
Speaker 2: by a country mile every sprint and every race he's in,

118
00:06:00,480 --> 00:06:03,520
Speaker 2: and nobody besides his brother is even close to him,

119
00:06:04,800 --> 00:06:08,479
Speaker 2: and it's like child's play. So then I just was

120
00:06:08,520 --> 00:06:10,440
Speaker 2: dead wrong on last week's episode, and we got so

121
00:06:10,520 --> 00:06:12,920
Speaker 2: many viewers, our listeners who wrote in and we're like.

122
00:06:13,160 --> 00:06:17,160
Speaker 1: Yes, dude, Rick in Phoenix, Yeah, you're saying off on this.

123
00:06:17,440 --> 00:06:19,839
Speaker 1: I mean, well one of them. I remember seeing a

124
00:06:19,920 --> 00:06:23,880
Speaker 1: Rick from Phoenix saying you're not actually crazy. He I mean,

125
00:06:23,960 --> 00:06:25,560
Speaker 1: I think he was kind of half and half, but

126
00:06:25,680 --> 00:06:29,520
Speaker 1: I kind of love that you and it happened to

127
00:06:29,560 --> 00:06:31,920
Speaker 1: me too. After I I didn't watch this sprint race,

128
00:06:31,960 --> 00:06:33,680
Speaker 1: but I of course saw the results and I was like,

129
00:06:33,760 --> 00:06:36,560
Speaker 1: oh no, our timing is way off because it but

130
00:06:36,680 --> 00:06:39,960
Speaker 1: we did what we said the couple days before that

131
00:06:40,040 --> 00:06:44,080
Speaker 1: race was accurate. If Hamilton could just get up there,

132
00:06:44,760 --> 00:06:49,039
Speaker 1: it would be so exciting, so many people would follow along.

133
00:06:49,080 --> 00:06:51,839
Speaker 1: I mean it's just like, you know, George Foreman just

134
00:06:51,880 --> 00:06:54,520
Speaker 1: passed away, and it's it would be like, you know,

135
00:06:55,200 --> 00:07:00,080
Speaker 1: a heavyweight fighter coming back from years of obscurity to

136
00:07:00,080 --> 00:07:02,920
Speaker 1: clinched the title again, and we all kind of want

137
00:07:02,920 --> 00:07:04,760
Speaker 1: to see that, and it would be great for the sport.

138
00:07:05,200 --> 00:07:09,320
Speaker 2: I mean as someone who doesn't care much about the sport.

139
00:07:09,480 --> 00:07:11,560
Speaker 2: I mean I I I loved F one when I

140
00:07:11,640 --> 00:07:14,800
Speaker 2: was a kid, and I at some point started watching

141
00:07:14,840 --> 00:07:18,119
Speaker 2: motorcycles instead. But I don't I'm not a huge Lewis

142
00:07:18,120 --> 00:07:21,880
Speaker 2: Hamilton fan, and I don't even I loved Ferrari when

143
00:07:21,920 --> 00:07:23,320
Speaker 2: I was a kid because I was a kid, right

144
00:07:23,360 --> 00:07:25,880
Speaker 2: and it was red and Shumie was driving it. But

145
00:07:26,960 --> 00:07:30,160
Speaker 2: even I like, it's all I could talk about on Saturday,

146
00:07:30,320 --> 00:07:36,360
Speaker 2: just waiting for the race on Sunday and was complete,

147
00:07:37,360 --> 00:07:41,840
Speaker 2: Yeah whoops, but I just now it's super fascinating. Now

148
00:07:41,840 --> 00:07:45,520
Speaker 2: I'm like setting my alarm for any f one news.

149
00:07:45,640 --> 00:07:49,120
Speaker 2: And by the way, Rick Rick and Phoenix also he

150
00:07:49,160 --> 00:07:53,520
Speaker 2: wrote in and said mothballing a car doesn't make any sense.

151
00:07:53,920 --> 00:07:56,120
Speaker 1: Yes, we agree with the erect.

152
00:07:56,000 --> 00:07:59,119
Speaker 2: Yeah, he made a point that's very valid, especially for

153
00:07:59,600 --> 00:08:03,160
Speaker 2: us at Blomberg because we follow you know, other investment

154
00:08:03,320 --> 00:08:07,080
Speaker 2: asset classes and you're you're not going to make more

155
00:08:07,120 --> 00:08:09,760
Speaker 2: money than you would just putting it into a fund.

156
00:08:10,640 --> 00:08:15,600
Speaker 2: Mothballing like you know, a Mercedes SL six hundred or whatever.

157
00:08:16,040 --> 00:08:18,880
Speaker 1: Yes. Yes, And I'll even give a little plug for

158
00:08:18,960 --> 00:08:21,040
Speaker 1: a story of mine that came out today where I

159
00:08:21,080 --> 00:08:23,960
Speaker 1: spoke with Rob Meyers, the head of RM Auctions, and

160
00:08:24,160 --> 00:08:27,239
Speaker 1: during our conversation, which was edited at length to remove

161
00:08:27,320 --> 00:08:31,400
Speaker 1: quite a bit of profanity, he said I was asking

162
00:08:31,480 --> 00:08:33,800
Speaker 1: him about the age old question about do you put

163
00:08:33,800 --> 00:08:35,839
Speaker 1: a reserve on a car? Not a reserve on a car,

164
00:08:35,920 --> 00:08:39,439
Speaker 1: and he basically was saying these like the mistakes people

165
00:08:39,480 --> 00:08:42,800
Speaker 1: make when they buy a car is it's if they're speculating.

166
00:08:43,120 --> 00:08:46,680
Speaker 1: He said what we always say, which is, if you

167
00:08:47,320 --> 00:08:49,640
Speaker 1: like it and you can afford it, you should buy it.

168
00:08:49,920 --> 00:08:52,680
Speaker 1: But don't buy it as some investment piece.

169
00:08:52,840 --> 00:08:53,240
Speaker 2: For sure.

170
00:08:53,240 --> 00:08:55,400
Speaker 1: I mean this is this is like the real I

171
00:08:55,400 --> 00:08:56,720
Speaker 1: think voice of wisdom.

172
00:08:57,000 --> 00:09:00,480
Speaker 2: But the so the idea of a seller putting a

173
00:09:00,520 --> 00:09:03,079
Speaker 2: reserve on the car or not, I think that debate

174
00:09:03,120 --> 00:09:06,560
Speaker 2: itself is fascinating and me too. I've been thinking a

175
00:09:06,600 --> 00:09:11,880
Speaker 2: lot about selling vehicles lately. I was thinking, like we

176
00:09:11,920 --> 00:09:13,920
Speaker 2: got to call Steve Sirio and get him on yes,

177
00:09:13,960 --> 00:09:17,960
Speaker 2: because this is what you know he's done for. I

178
00:09:17,960 --> 00:09:21,720
Speaker 2: have regretted almost every single vehicle I've ever sold, you know,

179
00:09:21,800 --> 00:09:24,760
Speaker 2: because in a sense, because I missed the vehicle and

180
00:09:25,480 --> 00:09:29,880
Speaker 2: even even some bikes that I've sold that I thought

181
00:09:29,920 --> 00:09:33,000
Speaker 2: I don't really like this anymore. I loved it. I

182
00:09:33,040 --> 00:09:35,400
Speaker 2: was enamored of it, you know, I spent six months

183
00:09:35,440 --> 00:09:38,680
Speaker 2: configuring it or whatever. Then I bought it, and even

184
00:09:38,760 --> 00:09:41,240
Speaker 2: those I sort of wish I still had.

185
00:09:41,400 --> 00:09:45,800
Speaker 1: You know, Yeah, I mean I I totally get it.

186
00:09:46,880 --> 00:09:49,240
Speaker 1: I this year, I am trying, you know, it's the

187
00:09:49,320 --> 00:09:51,280
Speaker 1: Year of the Snake, so I'm trying to like shed

188
00:09:51,320 --> 00:09:53,760
Speaker 1: a bunch of things. And Magnus and I both are like,

189
00:09:54,040 --> 00:09:56,320
Speaker 1: this is a year of transition and we're shetting things

190
00:09:56,360 --> 00:10:02,240
Speaker 1: and we're going to do different things. And so yeah,

191
00:10:02,400 --> 00:10:05,520
Speaker 1: I can see the value in selling. But I should

192
00:10:05,559 --> 00:10:08,640
Speaker 1: also admit to you that this weekend we drove like

193
00:10:08,679 --> 00:10:11,560
Speaker 1: two hours to go look at a camarg down in

194
00:10:11,600 --> 00:10:14,440
Speaker 1: southern California that we saw and bring a trailer, and

195
00:10:15,440 --> 00:10:19,000
Speaker 1: yesterday the auction closed and we did not buy it

196
00:10:19,440 --> 00:10:22,760
Speaker 1: because because we're trying to not buy things right now, like,

197
00:10:22,840 --> 00:10:25,120
Speaker 1: we don't have any we don't need to buy yet

198
00:10:25,160 --> 00:10:28,600
Speaker 1: another rolls raise, but we did. We did spend a

199
00:10:28,640 --> 00:10:30,880
Speaker 1: Sunday to go down and look at it and kick tires.

200
00:10:30,960 --> 00:10:33,760
Speaker 2: Taken out of context, Hanna that to comment that I

201
00:10:33,840 --> 00:10:35,920
Speaker 2: know it's really it's not we don't need to buy

202
00:10:35,960 --> 00:10:36,560
Speaker 2: another rules.

203
00:10:36,559 --> 00:10:39,400
Speaker 1: These are not expensive cars. This car sold for thirty

204
00:10:39,440 --> 00:10:42,720
Speaker 1: eight thousand dollars in the end, which I watched every

205
00:10:42,840 --> 00:10:45,599
Speaker 1: last bid on that thing yesterday at the office. I

206
00:10:45,600 --> 00:10:48,480
Speaker 1: shouldn't out myself. I was also working. This was research,

207
00:10:48,880 --> 00:10:51,720
Speaker 1: but I did see it sold for thirty eight thousand,

208
00:10:51,800 --> 00:10:54,840
Speaker 1: which is a very good deal for a camarg Right now.

209
00:10:55,240 --> 00:10:57,240
Speaker 2: That does yeah, No, I've looked at them as well.

210
00:10:57,280 --> 00:11:00,160
Speaker 2: I've I've followed Camargas.

211
00:10:59,760 --> 00:11:02,720
Speaker 1: And for them and that, Yes, this one was white.

212
00:11:02,880 --> 00:11:04,560
Speaker 2: Usually around fifty, right.

213
00:11:04,880 --> 00:11:06,920
Speaker 1: They're usually if you can get one for fifty, that's

214
00:11:06,960 --> 00:11:09,679
Speaker 1: pretty good. I've I think, you know, if you can

215
00:11:09,720 --> 00:11:12,800
Speaker 1: get one from for thirty, that's great. Eighty might be

216
00:11:12,880 --> 00:11:15,960
Speaker 1: the top end. I've seen some really pristine ones for eighty.

217
00:11:16,040 --> 00:11:18,880
Speaker 1: This one in particular had an aftermarket sun roof which

218
00:11:18,960 --> 00:11:21,920
Speaker 1: wasn't great, and also a vinyl top which wasn't great.

219
00:11:22,240 --> 00:11:27,000
Speaker 1: It was the initial owner was being Crosby, and the

220
00:11:27,160 --> 00:11:29,360
Speaker 1: guy who the guy who showed us the car who

221
00:11:29,640 --> 00:11:33,160
Speaker 1: is the owner now is Bing Crosby's grandson who also

222
00:11:33,240 --> 00:11:38,000
Speaker 1: goes by bing or Bo Yeah, Bingo, I'm not I'm

223
00:11:38,120 --> 00:11:39,600
Speaker 1: unclear depending on the email.

224
00:11:39,600 --> 00:11:41,679
Speaker 2: But yeah, that's cool.

225
00:11:41,800 --> 00:11:44,440
Speaker 1: Yeah, Yeah, I'm with you though, Like it's hard to

226
00:11:44,520 --> 00:11:49,120
Speaker 1: sell things, but also I think it's kind of a

227
00:11:49,160 --> 00:11:52,479
Speaker 1: good It's it can be good. It can be cleansing

228
00:11:52,600 --> 00:11:55,080
Speaker 1: to purge and move on. Yeah, I mean other things.

229
00:11:55,240 --> 00:11:58,280
Speaker 2: Well, we talk about buying stuff all the time.

230
00:11:58,320 --> 00:12:01,640
Speaker 1: Right, yes, and the thrill of the chase.

231
00:12:01,800 --> 00:12:06,000
Speaker 2: We did talk about one sale, Phil's Mercedes sale on

232
00:12:06,160 --> 00:12:09,120
Speaker 2: bring a Trailer, but we don't usually talk about selling

233
00:12:09,120 --> 00:12:12,199
Speaker 2: our own stuff. And I think you know, you have

234
00:12:12,280 --> 00:12:15,840
Speaker 2: to write you're not just shedding your skin for the

235
00:12:15,880 --> 00:12:18,400
Speaker 2: hell of it. You want to do other stuff with

236
00:12:18,559 --> 00:12:23,559
Speaker 2: those funds, right, And I, for example, I miss dearly

237
00:12:23,960 --> 00:12:28,000
Speaker 2: my twenty fourteen, nine to eleven career s, but I

238
00:12:28,120 --> 00:12:31,160
Speaker 2: used that money at least partially to buy my house.

239
00:12:31,640 --> 00:12:35,440
Speaker 1: Yes, so totally can get that makes total sense.

240
00:12:35,520 --> 00:12:39,280
Speaker 2: And like my buddy Ted here at Bloomberg, Ted had

241
00:12:39,320 --> 00:12:42,040
Speaker 2: a really cool one of those old Volvos like the

242
00:12:42,120 --> 00:12:48,800
Speaker 2: super hot like curvy, you know, like no like nineteen salties.

243
00:12:48,880 --> 00:12:51,880
Speaker 2: Oh oh oh okay, I want to say, p eighteen hundred,

244
00:12:52,040 --> 00:12:52,360
Speaker 2: I don't.

245
00:12:52,440 --> 00:12:53,000
Speaker 1: Oh cool.

246
00:12:53,640 --> 00:12:56,480
Speaker 2: Yeah, well it was awesome, but then when he had kids,

247
00:12:56,520 --> 00:13:00,040
Speaker 2: he like sold it for a family wagon, which you

248
00:13:00,080 --> 00:13:02,120
Speaker 2: know he didn't prefer the new car he bought. But

249
00:13:02,200 --> 00:13:04,200
Speaker 2: you have different stages in life.

250
00:13:04,040 --> 00:13:08,240
Speaker 1: And completely I totally agree, and like you know, even

251
00:13:08,280 --> 00:13:10,600
Speaker 1: Magnus he hates to sell cars, but every now and

252
00:13:10,600 --> 00:13:13,400
Speaker 1: then you do. But the thing is, like sometimes it

253
00:13:13,440 --> 00:13:16,400
Speaker 1: becomes one of those things where if you sell one car,

254
00:13:16,760 --> 00:13:19,200
Speaker 1: you might be able to buy like three other different

255
00:13:19,240 --> 00:13:22,240
Speaker 1: things you know that serve your life better in this

256
00:13:22,360 --> 00:13:25,559
Speaker 1: stage than what you are selling.

257
00:13:25,400 --> 00:13:29,800
Speaker 2: Right, Or a fund like preschool you know, or yeah.

258
00:13:29,640 --> 00:13:32,559
Speaker 1: I guess sure. I mean, well that's not a high priority,

259
00:13:32,600 --> 00:13:33,760
Speaker 1: but whatever, or.

260
00:13:33,880 --> 00:13:37,120
Speaker 2: Feed yourself, like you know, there there are times when

261
00:13:37,200 --> 00:13:39,640
Speaker 2: you just you had the money, then you don't have

262
00:13:39,720 --> 00:13:42,920
Speaker 2: the money now and you need to bridge that gap.

263
00:13:43,040 --> 00:13:45,439
Speaker 2: So it would be cool to talk to somebody about

264
00:13:45,520 --> 00:13:48,800
Speaker 2: selling stuff, like the emotional impact of it, the best

265
00:13:48,840 --> 00:13:52,480
Speaker 2: way to do it, you know, do you go? I

266
00:13:52,480 --> 00:13:55,000
Speaker 2: guess it depends on the product. But a lot of

267
00:13:55,040 --> 00:13:58,199
Speaker 2: people for motorcycles are telling me Facebook Marketplace. I never

268
00:13:58,200 --> 00:14:02,439
Speaker 2: would have thought. I never thought. But my buddy, one

269
00:14:02,440 --> 00:14:06,440
Speaker 2: of the producers on Bloomberg TV, he buys themselves motorcycles

270
00:14:06,440 --> 00:14:08,840
Speaker 2: all the time, and he always uses Facebook Marketplace. I

271
00:14:08,840 --> 00:14:10,320
Speaker 2: didn't even you know what.

272
00:14:11,040 --> 00:14:14,280
Speaker 1: I have girlfriends who use that to get really cool

273
00:14:14,320 --> 00:14:17,360
Speaker 1: pieces of furniture, and I don't. I haven't been on

274
00:14:17,360 --> 00:14:21,600
Speaker 1: Facebook in literally years, but I do keep hearing that

275
00:14:21,640 --> 00:14:25,960
Speaker 1: Facebook Marketplace actually as these really killer deals and really

276
00:14:26,120 --> 00:14:27,160
Speaker 1: interesting things.

277
00:14:27,680 --> 00:14:31,280
Speaker 2: So maybe, and also apparently it's much better communication than

278
00:14:31,440 --> 00:14:37,400
Speaker 2: the other places for cars, you know, Auto Trader, I guess, eBay.

279
00:14:37,320 --> 00:14:39,160
Speaker 1: Sure, even Craigslist still.

280
00:14:39,120 --> 00:14:42,640
Speaker 2: Yeah, sure, but it's also not easy hemmings. I love

281
00:14:42,800 --> 00:14:45,200
Speaker 2: to search, but it's not easy to have like a

282
00:14:45,240 --> 00:14:49,880
Speaker 2: real time conversation with buyer and seller, whereas on Facebook Marketplace. Yes,

283
00:14:49,960 --> 00:14:52,720
Speaker 2: I haven't gone on Facebook in years either, Apparently it's

284
00:14:52,760 --> 00:14:56,800
Speaker 2: super easy to connect there. We got some other really

285
00:14:56,840 --> 00:15:01,320
Speaker 2: cool emails, and I noticed a lot of the emails

286
00:15:01,360 --> 00:15:04,120
Speaker 2: we get lately are centered on the on Harley Davidson.

287
00:15:04,200 --> 00:15:05,000
Speaker 2: Have you noticed that for.

288
00:15:04,960 --> 00:15:09,480
Speaker 1: A yes, And I admit I am quite surprised. I

289
00:15:09,560 --> 00:15:13,840
Speaker 1: don't know if I can support it because personally, I

290
00:15:14,280 --> 00:15:17,640
Speaker 1: start to I start to drop off after the first

291
00:15:17,640 --> 00:15:18,240
Speaker 1: few minutes.

292
00:15:19,640 --> 00:15:22,440
Speaker 2: It's just interesting that we as podcast. Yeah, you know,

293
00:15:22,480 --> 00:15:25,160
Speaker 2: I sometimes have mentioned motorcycles in passing, and obviously it's

294
00:15:25,160 --> 00:15:27,640
Speaker 2: important to me in my own personal life. But yes,

295
00:15:27,720 --> 00:15:30,400
Speaker 2: people who listen to this Car's podcast right in I'm

296
00:15:30,400 --> 00:15:32,320
Speaker 2: gonna say fifty percent of the emails.

297
00:15:32,040 --> 00:15:34,480
Speaker 1: We got in the last few weeks fifth, well, okay,

298
00:15:34,560 --> 00:15:38,080
Speaker 1: the last week. The last week, I would say fifty,

299
00:15:38,240 --> 00:15:42,240
Speaker 1: not fifty overall. The overall we have I'm looking down,

300
00:15:42,600 --> 00:15:48,760
Speaker 1: you know, We've got stuff on range Rover, Hannah's digs, Chicken,

301
00:15:48,880 --> 00:15:53,960
Speaker 1: there's a Chicken, tax, French Cars, Cayenne, Corvette, I'm looking

302
00:15:54,200 --> 00:15:56,000
Speaker 1: wagon race Coontosh.

303
00:15:56,280 --> 00:16:00,680
Speaker 2: Okay, but uh Jonathan big fan of Hot Shooting Quick

304
00:16:00,760 --> 00:16:05,680
Speaker 2: Harley thought. Don Vollum writes in about White Harley's Yeah

305
00:16:05,960 --> 00:16:06,640
Speaker 2: that was great.

306
00:16:06,720 --> 00:16:09,040
Speaker 1: That was a great one. Thank you. And Johnson a

307
00:16:09,080 --> 00:16:10,400
Speaker 1: photo too, which was really good.

308
00:16:10,600 --> 00:16:12,560
Speaker 2: Yeah, And so, uh.

309
00:16:12,160 --> 00:16:13,160
Speaker 1: So what's your point here.

310
00:16:13,520 --> 00:16:15,320
Speaker 2: I just it's just that people care, and I think

311
00:16:15,320 --> 00:16:20,000
Speaker 2: it's interesting, and I think it's because it's not really

312
00:16:20,040 --> 00:16:22,440
Speaker 2: about other motorcycles, right, It's I think it's because of

313
00:16:22,480 --> 00:16:27,040
Speaker 2: the value of the brand, people that care specifically.

314
00:16:27,280 --> 00:16:30,280
Speaker 1: Yeah mm hmmmmmmm. Yeah.

315
00:16:30,400 --> 00:16:32,760
Speaker 2: Also, I was going, I was this close to pulling

316
00:16:32,800 --> 00:16:36,880
Speaker 2: the trigger on a Harley Davidson Fat Bob in LA.

317
00:16:37,680 --> 00:16:39,560
Speaker 2: And I love something that I come.

318
00:16:39,440 --> 00:16:41,200
Speaker 1: Out, come pick it up, and then ride it back.

319
00:16:41,280 --> 00:16:43,280
Speaker 2: I would know, I definitely would love to do that.

320
00:16:43,720 --> 00:16:49,200
Speaker 2: And I was like, I was, I was ready to sign, basically,

321
00:16:49,560 --> 00:16:52,040
Speaker 2: and then I learned something that I think is pretty shocking.

322
00:16:52,840 --> 00:16:56,960
Speaker 2: So California obviously has its own emissions rules right, and

323
00:16:57,160 --> 00:17:01,920
Speaker 2: a lot of car makers and motorcycle produce will put

324
00:17:02,000 --> 00:17:06,919
Speaker 2: special parts on a California destined vehicle. For example, in

325
00:17:06,960 --> 00:17:11,520
Speaker 2: motorcycles there's I think a charcoal canister that's an additional okay,

326
00:17:11,640 --> 00:17:14,840
Speaker 2: you know, and whatever. You can just take those off

327
00:17:14,880 --> 00:17:16,560
Speaker 2: if you don't like it. I don't think it affects

328
00:17:16,600 --> 00:17:19,679
Speaker 2: at all the performance or even the sound of the vehicle,

329
00:17:19,720 --> 00:17:23,280
Speaker 2: so there's no reason to care. But I thought cool,

330
00:17:23,359 --> 00:17:26,520
Speaker 2: I found the best price on a fat Bob in.

331
00:17:28,280 --> 00:17:28,440
Speaker 3: La.

332
00:17:28,920 --> 00:17:31,840
Speaker 2: It's like they stopped making them for the US market

333
00:17:31,880 --> 00:17:33,560
Speaker 2: in twenty twenty three, but this one was still new.

334
00:17:33,600 --> 00:17:34,520
Speaker 2: I guess I've been sitting there.

335
00:17:35,320 --> 00:17:37,199
Speaker 1: No, I will go, I will go take photos for

336
00:17:37,240 --> 00:17:37,480
Speaker 1: you if you.

337
00:17:37,520 --> 00:17:39,879
Speaker 2: Need well, thank you very place called San Marcos. I

338
00:17:39,880 --> 00:17:40,960
Speaker 2: don't know where that is, but.

339
00:17:41,280 --> 00:17:42,399
Speaker 1: That's funny, funny.

340
00:17:43,040 --> 00:17:46,040
Speaker 2: So anyway, I'm about to pull the trigger. And then

341
00:17:46,240 --> 00:17:49,280
Speaker 2: I'm talking to people that work for Harley Davidson and

342
00:17:49,320 --> 00:17:51,520
Speaker 2: they said, by the way, just so you know, this

343
00:17:51,600 --> 00:17:54,159
Speaker 2: is a California vehicle. That means if you want to

344
00:17:54,200 --> 00:17:59,720
Speaker 2: make any changes like new cams or putting a tune

345
00:17:59,720 --> 00:18:05,560
Speaker 2: on it, it will no longer be warranty eligible. Like

346
00:18:05,640 --> 00:18:09,679
Speaker 2: that kills the warranty. Even if I am bringing it

347
00:18:09,720 --> 00:18:11,920
Speaker 2: to a state New York that doesn't have the same

348
00:18:11,920 --> 00:18:15,919
Speaker 2: emissions rules. And you know here there's as long as

349
00:18:15,960 --> 00:18:19,480
Speaker 2: you're using their own brand Scream and Eagle parts, you

350
00:18:19,480 --> 00:18:21,479
Speaker 2: can do anything to it and still and as long

351
00:18:21,520 --> 00:18:24,960
Speaker 2: as you have a hardly certified technician, it's fine. You

352
00:18:24,960 --> 00:18:27,800
Speaker 2: can change the cam, you can put change the exhaust,

353
00:18:27,840 --> 00:18:29,440
Speaker 2: you can put a tune on it, you can even

354
00:18:30,400 --> 00:18:35,240
Speaker 2: you know, put a bigger motor in. It still maintains

355
00:18:35,440 --> 00:18:38,600
Speaker 2: the same warranty. But if it was a California vehicle,

356
00:18:38,680 --> 00:18:39,199
Speaker 2: it does not.

357
00:18:39,840 --> 00:18:42,040
Speaker 1: I didn't know that, yeah, darn it.

358
00:18:43,200 --> 00:18:44,359
Speaker 2: So back to the drawing bad.

359
00:18:44,320 --> 00:18:46,800
Speaker 1: So back to the drawing board. Can I ask you

360
00:18:46,880 --> 00:18:49,080
Speaker 1: something that is a little more car related that I

361
00:18:49,119 --> 00:18:51,800
Speaker 1: was thinking about today, And this is on the subject though,

362
00:18:51,840 --> 00:18:56,480
Speaker 1: of acquiring things. What is your feeling on tented windows?

363
00:18:57,040 --> 00:18:57,600
Speaker 1: I'm cars.

364
00:18:58,000 --> 00:19:01,160
Speaker 2: I don't understand why police officers don't pull over people

365
00:19:01,240 --> 00:19:03,040
Speaker 2: who have overly tinted windows.

366
00:19:03,520 --> 00:19:06,520
Speaker 1: So you think it's you think it's a criminal offense.

367
00:19:06,240 --> 00:19:10,440
Speaker 2: It's just look. I understand that maybe you like the look,

368
00:19:11,200 --> 00:19:13,520
Speaker 2: and probably more importantly, if you live in a very

369
00:19:13,520 --> 00:19:16,800
Speaker 2: sunny area, you want to keep the heat out of

370
00:19:16,800 --> 00:19:17,320
Speaker 2: the vehicle.

371
00:19:17,560 --> 00:19:20,320
Speaker 1: That's always the reasoning. Yeah, but often.

372
00:19:20,480 --> 00:19:22,399
Speaker 2: That's not the real reason people do it. And it

373
00:19:22,800 --> 00:19:26,280
Speaker 2: and the and the and that uh goes hand in

374
00:19:26,320 --> 00:19:29,160
Speaker 2: hand with the real problem. If you're a police officer

375
00:19:29,240 --> 00:19:32,119
Speaker 2: and you pull over somebody in a vehicle that's so

376
00:19:32,200 --> 00:19:35,400
Speaker 2: tinted you can't see, you're effectively putting your life at risk.

377
00:19:35,760 --> 00:19:38,520
Speaker 2: You can't just go up to the window yourself, because

378
00:19:38,560 --> 00:19:40,560
Speaker 2: there's a possibility, I mean, where are we We're not

379
00:19:40,560 --> 00:19:43,320
Speaker 2: in Germany, right, We're in America. There's a very high

380
00:19:43,359 --> 00:19:45,760
Speaker 2: possibility that the driver has a firearm in the car.

381
00:19:46,400 --> 00:19:50,880
Speaker 1: Yeah, so you're saying it actually escalates things.

382
00:19:50,840 --> 00:19:56,840
Speaker 2: Instantly Not only is it a danger to law enforcement officers,

383
00:19:57,600 --> 00:19:59,640
Speaker 2: which you may feel one way or the other about them,

384
00:20:00,040 --> 00:20:05,159
Speaker 2: but it escalates the cost to society because a smart

385
00:20:05,200 --> 00:20:07,400
Speaker 2: cop is gonna then call back up and it's gonna

386
00:20:07,440 --> 00:20:09,720
Speaker 2: take them a lot longer, and so it's gonna be

387
00:20:10,200 --> 00:20:13,920
Speaker 2: more personnel are needed, more equipment is needed, more traffic

388
00:20:14,040 --> 00:20:17,159
Speaker 2: is caused. You know, it's like just bad, bad, bad.

389
00:20:17,680 --> 00:20:21,239
Speaker 2: Also that you can look cool in your I mean

390
00:20:21,280 --> 00:20:23,480
Speaker 2: I drive a Dodge Challenger right, Most people on the

391
00:20:23,560 --> 00:20:25,760
Speaker 2: Challenger for them are tinting their windows as like the

392
00:20:25,760 --> 00:20:26,399
Speaker 2: first thing they do.

393
00:20:26,840 --> 00:20:36,040
Speaker 1: Yeah, all right, so.

394
00:20:37,560 --> 00:20:38,280
Speaker 2: Okay we have.

395
00:20:39,000 --> 00:20:43,639
Speaker 1: We've got James joining us. James Bowels of Williams Racing.

396
00:20:43,880 --> 00:20:46,399
Speaker 1: Thanks for joining us, James. Where are you at this moment?

397
00:20:46,440 --> 00:20:48,480
Speaker 1: I have to assume you're not in Japan yet.

398
00:20:49,920 --> 00:20:52,879
Speaker 3: No, no ever appreciate it looks like I'm in a

399
00:20:52,920 --> 00:20:56,000
Speaker 3: smaller room. No, I'm still back here in the UK now.

400
00:20:56,040 --> 00:21:01,320
Speaker 3: So we flew back from Shanghai, got back here late Monday,

401
00:21:01,359 --> 00:21:03,840
Speaker 3: and then really this week and this is what I'd

402
00:21:03,880 --> 00:21:07,480
Speaker 3: love about our business. We're just trawling through every little

403
00:21:07,480 --> 00:21:09,040
Speaker 3: bit that we can from the last two weeks to

404
00:21:09,119 --> 00:21:11,320
Speaker 3: understand what more performance we can find before we go

405
00:21:11,400 --> 00:21:13,880
Speaker 3: to Japan in just a few days time, so probably

406
00:21:13,920 --> 00:21:16,560
Speaker 3: really on a flight in about a week from now,

407
00:21:16,960 --> 00:21:19,200
Speaker 3: so that's seven days in front of us.

408
00:21:19,640 --> 00:21:23,320
Speaker 2: By the way, that's interesting. I wonder, I wonder how

409
00:21:23,400 --> 00:21:26,560
Speaker 2: much of that you do at home and how much

410
00:21:26,600 --> 00:21:28,320
Speaker 2: of that do you do when you're on site at

411
00:21:28,320 --> 00:21:30,840
Speaker 2: the track, like try and eke out the last few

412
00:21:30,880 --> 00:21:33,439
Speaker 2: tenths or I guess a few tents would be amazing,

413
00:21:33,480 --> 00:21:35,679
Speaker 2: but eke out a tenth? Do you do that on

414
00:21:35,720 --> 00:21:36,000
Speaker 2: the track?

415
00:21:36,119 --> 00:21:39,000
Speaker 3: Yes, So both is the answer to that. So if

416
00:21:39,040 --> 00:21:42,240
Speaker 3: I give you a description in this period of time

417
00:21:43,359 --> 00:21:45,720
Speaker 3: what we're trying to do, not to every race, I

418
00:21:45,720 --> 00:21:48,560
Speaker 3: think that's now impossible with a cost cap, but certainly

419
00:21:48,640 --> 00:21:51,680
Speaker 3: every few races is turn up with performance on the car.

420
00:21:51,800 --> 00:21:54,840
Speaker 3: And that can be a new bodywork, new floor, a

421
00:21:54,880 --> 00:21:57,640
Speaker 3: new front wing, new rear wing. It can be an

422
00:21:57,640 --> 00:22:01,119
Speaker 3: evolution of what you've done in different areas mentally, and

423
00:22:01,160 --> 00:22:03,960
Speaker 3: that doesn't happen overnight. That work normally is kicked off

424
00:22:04,240 --> 00:22:07,240
Speaker 3: five six weeks beforehand, and it's a delivery of performance

425
00:22:07,280 --> 00:22:09,080
Speaker 3: and sort of a heart breath across the season. So

426
00:22:09,080 --> 00:22:13,000
Speaker 3: that's number one. Number two is you have a package

427
00:22:13,320 --> 00:22:16,000
Speaker 3: and it has certain elements where I'd call them low

428
00:22:16,040 --> 00:22:18,360
Speaker 3: hanging fruit, but we can see where there is more

429
00:22:18,359 --> 00:22:21,400
Speaker 3: performance delivery, either in the data or from driver comments

430
00:22:21,600 --> 00:22:24,520
Speaker 3: or some combination thereof. And what you're trying to do

431
00:22:24,840 --> 00:22:27,080
Speaker 3: in that period between the races, and it could just

432
00:22:27,119 --> 00:22:28,879
Speaker 3: be back to back races in a few days, is

433
00:22:29,160 --> 00:22:31,680
Speaker 3: what can we do to fundamentally extract more from it.

434
00:22:31,680 --> 00:22:33,840
Speaker 3: It can be a set up item, tuning a different

435
00:22:33,840 --> 00:22:36,280
Speaker 3: way of operating the car, different way of operating the times.

436
00:22:36,720 --> 00:22:38,680
Speaker 3: So that's what I would call number two. Every time

437
00:22:38,720 --> 00:22:41,119
Speaker 3: you can see we're going into shorter and shorter timeframes.

438
00:22:41,600 --> 00:22:44,960
Speaker 3: And then the third is you're on event and running

439
00:22:45,119 --> 00:22:48,760
Speaker 3: across Friday F one FP two and a normal race weekend,

440
00:22:49,160 --> 00:22:51,600
Speaker 3: and what you're trying there is a series of normal

441
00:22:51,640 --> 00:22:55,920
Speaker 3: experiments that you've evaluated in a theoretical land in simulation land,

442
00:22:55,960 --> 00:22:58,199
Speaker 3: and that can be a full driver in simulator or

443
00:22:58,200 --> 00:23:01,520
Speaker 3: in a theoretical model land, and you're trying to evolve

444
00:23:01,560 --> 00:23:04,640
Speaker 3: the car based on the circuit, the grip, the wind conditions,

445
00:23:04,720 --> 00:23:07,360
Speaker 3: and what you're expecting across the weekend to eke out

446
00:23:07,440 --> 00:23:10,320
Speaker 3: every mither second if you like, of performance and that

447
00:23:10,359 --> 00:23:13,000
Speaker 3: can happen because we have the factory working twenty four

448
00:23:13,000 --> 00:23:15,920
Speaker 3: to seven in conjunction with us, and for example, as

449
00:23:15,920 --> 00:23:18,560
Speaker 3: soon as we start running in FP one, there's a

450
00:23:18,680 --> 00:23:20,639
Speaker 3: driver back in the UK, doesn't matter what time of

451
00:23:20,680 --> 00:23:22,880
Speaker 3: night it is they're driving, and our driver and loop

452
00:23:22,920 --> 00:23:26,200
Speaker 3: similar to mimicking the work we're doing trackside to effectively

453
00:23:26,240 --> 00:23:30,119
Speaker 3: then start adding performance in tandem. So all of the above.

454
00:23:31,040 --> 00:23:33,880
Speaker 1: So, James, how are you feeling about the car this year?

455
00:23:33,920 --> 00:23:37,679
Speaker 1: Obviously we're really early in the season. Can you just

456
00:23:37,720 --> 00:23:40,280
Speaker 1: give us some general thoughts about how the car is.

457
00:23:40,320 --> 00:23:41,200
Speaker 2: It's not too light.

458
00:23:41,119 --> 00:23:46,240
Speaker 3: Right, well, it's it's just the right amount. It's like

459
00:23:46,240 --> 00:23:48,040
Speaker 3: godilocks you. I want it too light and you wanted

460
00:23:48,040 --> 00:23:51,880
Speaker 3: it too heavy. But how do I feel about the car?

461
00:23:52,920 --> 00:23:55,520
Speaker 3: It's an evolution of last year's but it's a strong

462
00:23:55,640 --> 00:23:57,520
Speaker 3: evolution of last year is it just tells you what

463
00:23:57,600 --> 00:24:00,000
Speaker 3: we have more left in the package from twenty twenty four.

464
00:24:01,440 --> 00:24:04,119
Speaker 3: It's got a lot of the work I've been doing

465
00:24:04,200 --> 00:24:06,439
Speaker 3: with the team across the last few years is just

466
00:24:06,480 --> 00:24:09,639
Speaker 3: getting rid of what I kill some horrible characteristics that

467
00:24:09,680 --> 00:24:12,560
Speaker 3: are just baked into the fundamentals of the car. The

468
00:24:12,560 --> 00:24:15,720
Speaker 3: way that you do well in a championship is not

469
00:24:15,760 --> 00:24:18,639
Speaker 3: having one or two events where you absolutely shine and

470
00:24:18,680 --> 00:24:21,840
Speaker 3: twenty two where you're just struggling. You have twenty four

471
00:24:21,840 --> 00:24:23,959
Speaker 3: events where you can get the car into the right

472
00:24:24,000 --> 00:24:26,320
Speaker 3: performance window and perform at that track. And I know

473
00:24:26,400 --> 00:24:31,359
Speaker 3: that sounds abundantly obvious, but it's a very different philosophy

474
00:24:31,480 --> 00:24:33,359
Speaker 3: from perhaps where we were a few years ago, and

475
00:24:33,400 --> 00:24:35,119
Speaker 3: it's really important to point that out. So if I

476
00:24:35,119 --> 00:24:37,760
Speaker 3: had to describe a Williams of old really quick in

477
00:24:37,800 --> 00:24:40,480
Speaker 3: a straight line, really hard to get past as the

478
00:24:40,480 --> 00:24:43,320
Speaker 3: result of that, but if you go to a circuit

479
00:24:43,320 --> 00:24:46,359
Speaker 3: with lots of corners on it, it doesn't really play

480
00:24:46,400 --> 00:24:48,840
Speaker 3: to our strengths. And as you imagine, most tracks have

481
00:24:48,880 --> 00:24:51,320
Speaker 3: a lot of corners on them. So this really has

482
00:24:51,320 --> 00:24:53,840
Speaker 3: been about evolving the package such that we can go

483
00:24:53,880 --> 00:24:59,000
Speaker 3: to every single track and be fast, whether it's warm, cold, raining, windy,

484
00:24:59,160 --> 00:25:01,760
Speaker 3: whatever it may be. And that's really the direction of travel.

485
00:25:01,760 --> 00:25:04,280
Speaker 3: And where I feel is that we've made good strides

486
00:25:04,280 --> 00:25:06,960
Speaker 3: in that. We've been in Bahrain where it was wet

487
00:25:07,040 --> 00:25:11,400
Speaker 3: and cold unusually and we were quick. We went to Melbourne,

488
00:25:11,440 --> 00:25:14,159
Speaker 3: which was again a combination of really really warm on

489
00:25:14,200 --> 00:25:18,800
Speaker 3: Friday and wet. On Sunday we performed. We get to China,

490
00:25:18,880 --> 00:25:21,760
Speaker 3: which is a very different type of track, characteristic and

491
00:25:22,080 --> 00:25:24,959
Speaker 3: not as strong, but still able to fight for points

492
00:25:25,000 --> 00:25:27,760
Speaker 3: in that weekend. In the end, we have to acknowledge

493
00:25:27,800 --> 00:25:30,760
Speaker 3: we were fortunate that others were perhaps pushing the regulations

494
00:25:30,800 --> 00:25:33,159
Speaker 3: far too much and we moved up the grid. But

495
00:25:33,800 --> 00:25:35,679
Speaker 3: the main thing is that we didn't jump back in

496
00:25:35,720 --> 00:25:38,159
Speaker 3: relative competitiveness. There's a few other items that didn't go

497
00:25:38,200 --> 00:25:38,920
Speaker 3: our way in the race.

498
00:25:40,040 --> 00:25:43,359
Speaker 1: This season has so many rookies on the grid. I

499
00:25:43,400 --> 00:25:46,600
Speaker 1: think it seems like the most that we've seen for

500
00:25:46,960 --> 00:25:50,200
Speaker 1: at least ten years, if not more. Does that change

501
00:25:50,520 --> 00:25:53,360
Speaker 1: the dynamic of the season and racing dynamics with all

502
00:25:53,400 --> 00:25:55,440
Speaker 1: of these new drivers.

503
00:25:55,520 --> 00:25:57,960
Speaker 3: Yeah, it definitely does. I mean what it does is

504
00:25:58,160 --> 00:26:00,920
Speaker 3: it kind of plays to our advantage. Fortunate to have

505
00:26:01,119 --> 00:26:04,680
Speaker 3: two world class drivers in the team. Carlos is the

506
00:26:04,760 --> 00:26:07,639
Speaker 3: last individual in Williams that has won a race, and

507
00:26:07,680 --> 00:26:11,959
Speaker 3: he proved that relative to the benchmarks, which is Landover,

508
00:26:12,080 --> 00:26:15,159
Speaker 3: Stappa and Charles, he's able to fight toe to toe

509
00:26:15,200 --> 00:26:17,600
Speaker 3: with all of them, and that's an important statement to make.

510
00:26:19,600 --> 00:26:21,280
Speaker 3: For sure, we have work on our side to make

511
00:26:21,280 --> 00:26:23,440
Speaker 3: sure he's comfortable in the car and the adaptation rates there,

512
00:26:23,520 --> 00:26:26,320
Speaker 3: but I still have two world class tivers. In the

513
00:26:26,320 --> 00:26:28,600
Speaker 3: case of Alex you can see he's just absolutely on

514
00:26:28,640 --> 00:26:34,159
Speaker 3: fire pitatively not literally this year, and Carlos will be

515
00:26:34,160 --> 00:26:36,120
Speaker 3: there in Japan. I have no doubt that Carlos will

516
00:26:36,119 --> 00:26:37,720
Speaker 3: be right on the money with him as well. At

517
00:26:37,760 --> 00:26:40,680
Speaker 3: the same time, compared to other teams where there's a

518
00:26:40,760 --> 00:26:43,240
Speaker 3: large learning cycle which isn't one or two races as

519
00:26:43,240 --> 00:26:45,320
Speaker 3: it would be for Carlos, it could be ten or

520
00:26:45,359 --> 00:26:47,679
Speaker 3: even twenty four races because that from many of them,

521
00:26:47,720 --> 00:26:50,720
Speaker 3: they haven't seen the track ever before, and at some

522
00:26:50,840 --> 00:26:53,960
Speaker 3: points they'll they'll seed expectation. I think if we look

523
00:26:54,000 --> 00:26:58,240
Speaker 3: at Antonelli didn't quite do the job in qualifying in Australia,

524
00:26:58,280 --> 00:27:00,600
Speaker 3: but absolutely came through in the race, built up and

525
00:27:00,600 --> 00:27:03,720
Speaker 3: did a better job in Shanghai, and so that's positive

526
00:27:03,760 --> 00:27:05,919
Speaker 3: and they're in the positive direction, and there was a

527
00:27:05,920 --> 00:27:08,200
Speaker 3: butt to it. There will be a point where they

528
00:27:08,200 --> 00:27:11,320
Speaker 3: make a fairly large error and that resets the expectation

529
00:27:11,400 --> 00:27:13,480
Speaker 3: and moves them back on the grid. And that shouldn't

530
00:27:13,520 --> 00:27:14,720
Speaker 3: be the case with us. We should be able to

531
00:27:14,760 --> 00:27:16,600
Speaker 3: pick up all the points, all the time with two

532
00:27:16,640 --> 00:27:18,879
Speaker 3: drivers that are always there on the leading edge, so

533
00:27:19,520 --> 00:27:22,800
Speaker 3: it plays to advantage. But on a personal note, I'm

534
00:27:22,840 --> 00:27:25,480
Speaker 3: pleased we have ten rookies, not quite ten, but a

535
00:27:25,520 --> 00:27:27,520
Speaker 3: number of rookies on the grid because I think it

536
00:27:27,560 --> 00:27:31,000
Speaker 3: is vitally important for our sport to prove that we

537
00:27:31,040 --> 00:27:33,000
Speaker 3: have a good ladder of success on the way through

538
00:27:33,320 --> 00:27:35,679
Speaker 3: and individuals who deserve to be a part of our

539
00:27:35,720 --> 00:27:39,800
Speaker 3: sport but are absolutely pushing us every day to reevaluate

540
00:27:39,840 --> 00:27:40,600
Speaker 3: what good looks like.

541
00:27:41,440 --> 00:27:45,720
Speaker 2: You know, we had Claudio Domenicali on this podcast last year,

542
00:27:46,600 --> 00:27:50,120
Speaker 2: so he was talking to us about Moto GP versus Ferrari,

543
00:27:50,800 --> 00:27:54,439
Speaker 2: and one of the things that he said, and this

544
00:27:54,520 --> 00:27:56,320
Speaker 2: is something that a lot of people, I'm sure ask

545
00:27:56,400 --> 00:28:02,280
Speaker 2: you as well, is in Formula one, the arrow in

546
00:28:02,320 --> 00:28:05,600
Speaker 2: the car maybe is a bigger percentage of a winning

547
00:28:05,640 --> 00:28:09,919
Speaker 2: formula than the pilot, whereas in Motor GP, you know,

548
00:28:09,960 --> 00:28:13,080
Speaker 2: the pilot makes up maybe a bigger part of that percentage.

549
00:28:13,119 --> 00:28:16,000
Speaker 2: Not that either one is unimportant, but how do you

550
00:28:16,040 --> 00:28:17,000
Speaker 2: think about that mix?

551
00:28:18,680 --> 00:28:22,119
Speaker 3: So if Carlos and Alex were on the call with me,

552
00:28:22,160 --> 00:28:24,640
Speaker 3: I'm fairly sure they'd be pushing me to say it's

553
00:28:24,800 --> 00:28:29,800
Speaker 3: mostly driver. He's my sort of really simplified view of it.

554
00:28:30,320 --> 00:28:32,159
Speaker 3: Between the best car to the worst car on the

555
00:28:32,160 --> 00:28:34,640
Speaker 3: grid is probably a second now, and between the best

556
00:28:34,680 --> 00:28:36,840
Speaker 3: driver to the worst driver is probably less than that.

557
00:28:36,920 --> 00:28:39,840
Speaker 3: Let's call it six seven tenths, because there is still

558
00:28:40,240 --> 00:28:42,360
Speaker 3: a gap between what good and what bad looks like.

559
00:28:42,400 --> 00:28:44,400
Speaker 3: But by the way that's shrinking. A few years ago

560
00:28:44,440 --> 00:28:46,880
Speaker 3: that maybe even six tents will be an exaggeration. Maybe

561
00:28:46,920 --> 00:28:48,960
Speaker 3: it's half a second now. A few years ago that

562
00:28:49,080 --> 00:28:51,240
Speaker 3: used to be one and a half seconds because we

563
00:28:51,280 --> 00:28:53,480
Speaker 3: had a much larger spread of talent on the grid.

564
00:28:53,960 --> 00:28:56,240
Speaker 3: So both the cars are coming together. But I also think,

565
00:28:56,320 --> 00:28:59,040
Speaker 3: for one, we really do have the twenty best drivers

566
00:28:59,080 --> 00:29:00,840
Speaker 3: in the world, and so the gap between them that's

567
00:29:00,880 --> 00:29:03,960
Speaker 3: coming together as well. So on just an equitable basis,

568
00:29:04,320 --> 00:29:06,560
Speaker 3: it is, roughly speaking, that the driver can have as

569
00:29:06,600 --> 00:29:09,200
Speaker 3: much impact as the car, just using a really noddy

570
00:29:09,200 --> 00:29:12,040
Speaker 3: way of doing it. But that's not quite a true story,

571
00:29:12,120 --> 00:29:15,600
Speaker 3: and that's sort of what we've demonstrated with Carlos this year.

572
00:29:15,920 --> 00:29:18,640
Speaker 3: Carlos knows and he's frustrated he's not being the benchmark

573
00:29:18,720 --> 00:29:22,160
Speaker 3: for the team, but when he's not, he's actively helping

574
00:29:22,280 --> 00:29:24,120
Speaker 3: set the car, with the car of direction, with the

575
00:29:24,120 --> 00:29:26,560
Speaker 3: team in the direction of travel, which are short, medium

576
00:29:26,560 --> 00:29:28,200
Speaker 3: and long term goals. You can't do it all of

577
00:29:28,200 --> 00:29:30,960
Speaker 3: it overnight, and in the case of Australia, was helping

578
00:29:31,040 --> 00:29:33,080
Speaker 3: us do strategy as well. And the reason why I

579
00:29:33,080 --> 00:29:36,200
Speaker 3: bring that up is because an individual isn't just what

580
00:29:36,200 --> 00:29:38,400
Speaker 3: they're doing with the pedals and steering will, It is

581
00:29:38,440 --> 00:29:40,880
Speaker 3: how they're leading the team from the inside in terms

582
00:29:40,880 --> 00:29:43,120
Speaker 3: of these are what we have to do to become

583
00:29:43,160 --> 00:29:46,480
Speaker 3: world championship material and so the lap time model doesn't

584
00:29:46,480 --> 00:29:49,560
Speaker 3: really factor that into account. But the difference between what

585
00:29:49,640 --> 00:29:52,080
Speaker 3: I call a leader and Alex and Carlos I have

586
00:29:53,040 --> 00:29:55,360
Speaker 3: an example of that is Alex has been in the

587
00:29:55,400 --> 00:29:57,600
Speaker 3: factory all day to day doing a twelve hour shift.

588
00:29:57,640 --> 00:30:00,840
Speaker 3: Carlos was on various team calls with our error team

589
00:30:00,880 --> 00:30:04,000
Speaker 3: and other teams today for about three hours. That isn't

590
00:30:04,040 --> 00:30:07,040
Speaker 3: driving the car that's driving our future success for twenty

591
00:30:07,120 --> 00:30:10,600
Speaker 3: six That's hard to bring into account. So I think

592
00:30:11,080 --> 00:30:13,600
Speaker 3: fifty to fifty is are an easy way of describing it,

593
00:30:13,640 --> 00:30:15,680
Speaker 3: But what I'm really describing as a good driver can

594
00:30:15,720 --> 00:30:18,200
Speaker 3: bring so much more than just the ranking of performance.

595
00:30:19,120 --> 00:30:24,000
Speaker 1: I'm really curious to get your take about how long

596
00:30:24,680 --> 00:30:29,120
Speaker 1: ideally would a driver want or need to get used

597
00:30:29,160 --> 00:30:29,760
Speaker 1: to a car.

598
00:30:30,440 --> 00:30:34,400
Speaker 3: Yeah, definitely, So it depends on how what problems they're

599
00:30:34,440 --> 00:30:36,560
Speaker 3: experiencing and where they are. So I'll give a little

600
00:30:36,600 --> 00:30:39,160
Speaker 3: bit more color to what I mean by that. If

601
00:30:39,400 --> 00:30:42,240
Speaker 3: what we can do is use there's probably this is

602
00:30:42,240 --> 00:30:45,280
Speaker 3: an exaggeration, but there's probably an infinite number of setup

603
00:30:45,320 --> 00:30:47,480
Speaker 3: tools we have in the car. We can change the

604
00:30:47,480 --> 00:30:50,400
Speaker 3: front and rear ride heights by steps of millimeters. We

605
00:30:50,440 --> 00:30:53,200
Speaker 3: can change the fundamental rear roll bars. We can change

606
00:30:53,600 --> 00:30:55,800
Speaker 3: how the heave works, how the positioning of the front

607
00:30:55,840 --> 00:30:58,080
Speaker 3: and the rear in a vertical direction works. We can

608
00:30:58,160 --> 00:31:02,040
Speaker 3: change there's ten aerodynamic packages, and of those you can

609
00:31:02,080 --> 00:31:05,080
Speaker 3: then tune the angle of the wings. So when I

610
00:31:05,080 --> 00:31:07,680
Speaker 3: say the infinite there really is. I mean I just

611
00:31:07,720 --> 00:31:10,320
Speaker 3: give me a small subsection of them. But there's a

612
00:31:10,680 --> 00:31:12,640
Speaker 3: really very different ways of getting the car into the

613
00:31:12,680 --> 00:31:14,920
Speaker 3: corner and out of the corner. If all you're doing

614
00:31:14,920 --> 00:31:17,040
Speaker 3: with a driver is working with those tools to get

615
00:31:17,080 --> 00:31:19,560
Speaker 3: them comfortable. Actually it's a matter of races. A few

616
00:31:19,600 --> 00:31:22,720
Speaker 3: races will do the job. If inherently in the car

617
00:31:23,200 --> 00:31:26,760
Speaker 3: you have some characteristics which are baked into the aerodynamics

618
00:31:26,840 --> 00:31:30,440
Speaker 3: or baked into the videocodynamics. That isn't now a number

619
00:31:30,440 --> 00:31:32,240
Speaker 3: of races anymore. It could be half a year. It

620
00:31:32,280 --> 00:31:34,440
Speaker 3: could even be the following season by the time that

621
00:31:34,480 --> 00:31:37,520
Speaker 3: you've really changed your concepts enough to adapt the car

622
00:31:37,800 --> 00:31:42,920
Speaker 3: to that style. So that's one and two A driver

623
00:31:43,080 --> 00:31:44,840
Speaker 3: now before they get into in the case of car,

624
00:31:44,920 --> 00:31:46,360
Speaker 3: so you had a day and a half in the car.

625
00:31:46,480 --> 00:31:47,800
Speaker 3: In the case of alex as well, so we had

626
00:31:47,840 --> 00:31:50,560
Speaker 3: a day and a half each in Bahrain. And it

627
00:31:50,640 --> 00:31:52,400
Speaker 3: sounds like a lot of time, But when you're trying

628
00:31:52,440 --> 00:31:55,800
Speaker 3: to evaluate a number of set up items, error items,

629
00:31:55,880 --> 00:31:57,719
Speaker 3: how we're just trying to work the car. So how

630
00:31:57,720 --> 00:32:01,400
Speaker 3: the cooling system works, just some fundamentals system works, it's

631
00:32:01,440 --> 00:32:04,160
Speaker 3: not and that's what leads them to do experiments on

632
00:32:04,160 --> 00:32:06,640
Speaker 3: a race weekend. And that's what takes a number of

633
00:32:06,720 --> 00:32:09,440
Speaker 3: races to really get up to speed. So what's bringing

634
00:32:09,440 --> 00:32:11,840
Speaker 3: it all together? A driver actually on a given track,

635
00:32:11,880 --> 00:32:14,840
Speaker 3: as long as they know the track, probably within seven laps,

636
00:32:14,920 --> 00:32:17,400
Speaker 3: they're absolutely on the money for the pace of it.

637
00:32:17,520 --> 00:32:19,720
Speaker 3: That's all they need seven laps for themselves. Wow. From

638
00:32:19,720 --> 00:32:22,960
Speaker 3: then onwards, it's about adapting the car. To the conditions

639
00:32:22,960 --> 00:32:25,320
Speaker 3: and the circumstance that's beyond it. And as I said,

640
00:32:25,480 --> 00:32:27,640
Speaker 3: hopefully I've described that well enough. It could be a

641
00:32:27,640 --> 00:32:30,080
Speaker 3: few races, it could be half a season or a

642
00:32:30,120 --> 00:32:32,640
Speaker 3: season if the sit really nasty that they can't get

643
00:32:32,640 --> 00:32:32,959
Speaker 3: done with.

644
00:32:34,000 --> 00:32:37,400
Speaker 1: So that is a valid challenge for anybody.

645
00:32:38,960 --> 00:32:44,760
Speaker 3: Absolutely. I mean it's these individuals in They blow my mind,

646
00:32:44,880 --> 00:32:48,240
Speaker 3: they really do. They are so incredible in what they

647
00:32:48,280 --> 00:32:52,040
Speaker 3: do that we don't often talk about it, and so

648
00:32:52,160 --> 00:32:54,120
Speaker 3: far away from what a normal human being does. And

649
00:32:54,160 --> 00:32:56,160
Speaker 3: I don't just mean in terms of pushing themselves. We

650
00:32:56,160 --> 00:32:58,680
Speaker 3: had a race a few years ago in Qatar where

651
00:32:58,720 --> 00:33:01,200
Speaker 3: the conditions about thirty five is ambient. It was a

652
00:33:01,240 --> 00:33:04,960
Speaker 3: full on race and I had I was holding Logan

653
00:33:05,040 --> 00:33:07,800
Speaker 3: up physically he could not hold himself up anymore, and

654
00:33:07,840 --> 00:33:10,040
Speaker 3: Alex had two drips and was on its way to hospital.

655
00:33:10,200 --> 00:33:13,920
Speaker 3: He finished the race. They can push themselves to a

656
00:33:14,000 --> 00:33:16,720
Speaker 3: level that you would struggle to get your head around.

657
00:33:16,960 --> 00:33:19,280
Speaker 3: So that's the first thing in terms of physicality, But

658
00:33:19,320 --> 00:33:22,000
Speaker 3: in terms of performance, they just machines that like to

659
00:33:22,040 --> 00:33:25,640
Speaker 3: optimize every millisecond. They optimize their body through what they

660
00:33:25,640 --> 00:33:29,760
Speaker 3: do with heating, eating and health and training. They optimize

661
00:33:29,800 --> 00:33:32,480
Speaker 3: the car, they optimize the engineering team, they optimize everything

662
00:33:32,480 --> 00:33:35,000
Speaker 3: around them as a structure. They're useless of other things.

663
00:33:35,040 --> 00:33:37,240
Speaker 3: Alex leaves his keys, is wallet, and his phone in

664
00:33:37,240 --> 00:33:39,280
Speaker 3: my office every time he passes by. He can't do

665
00:33:39,360 --> 00:33:42,160
Speaker 3: simple basic things in life, but he's pretty damn good

666
00:33:42,160 --> 00:33:44,800
Speaker 3: at driving a racing car. And the reason why I

667
00:33:44,800 --> 00:33:47,840
Speaker 3: bring that up is when we're talking about these these

668
00:33:47,920 --> 00:33:50,720
Speaker 3: drivers and the margins, they're really fine. Now you know,

669
00:33:50,760 --> 00:33:53,360
Speaker 3: we are really talking a matter of milliseconds, or we're

670
00:33:53,360 --> 00:33:57,840
Speaker 3: talking a matter of very tiny differences in driving style,

671
00:33:58,120 --> 00:34:00,720
Speaker 3: but it gets amplified on a big stage when a

672
00:34:00,840 --> 00:34:05,720
Speaker 3: tenth suddenly defines five cars, and it's really important to

673
00:34:05,720 --> 00:34:07,080
Speaker 3: bring that in context in my opinion.

674
00:34:07,600 --> 00:34:10,160
Speaker 2: By the way, last week we were talking about I

675
00:34:10,280 --> 00:34:12,719
Speaker 2: am a Moto GP fan, Hannah loves F one, and

676
00:34:12,800 --> 00:34:18,080
Speaker 2: so there's inherently this argument right about which is more interesting,

677
00:34:18,239 --> 00:34:20,960
Speaker 2: And I was proven wrong last weekend because I always

678
00:34:20,960 --> 00:34:23,279
Speaker 2: say Moto GP is more interesting. But this season Motor

679
00:34:23,320 --> 00:34:26,319
Speaker 2: GP is fairly boring so far, and Formula One has

680
00:34:26,360 --> 00:34:30,319
Speaker 2: been hard to take your eyes off of. What do

681
00:34:30,400 --> 00:34:32,760
Speaker 2: you think though, about the way the sport has changed

682
00:34:33,920 --> 00:34:36,480
Speaker 2: throughout your involvement, I guess throughout your lifetime, because I'm

683
00:34:36,520 --> 00:34:41,800
Speaker 2: sure you've been watching it your whole life. For example,

684
00:34:41,960 --> 00:34:45,520
Speaker 2: Monte Carlo last year might as well not have been

685
00:34:45,560 --> 00:34:47,640
Speaker 2: a race, right. Do you think that they need to

686
00:34:47,640 --> 00:34:50,080
Speaker 2: make changes so that that kind of thing doesn't happen?

687
00:34:50,160 --> 00:34:51,759
Speaker 2: What would you do if you were the boss of

688
00:34:51,880 --> 00:34:53,880
Speaker 2: F one?

689
00:34:53,520 --> 00:34:56,680
Speaker 3: So a few things. Good news is I'm a motor

690
00:34:56,719 --> 00:35:00,319
Speaker 3: GP fan as well. I have another guy, good friend, yeah,

691
00:35:00,840 --> 00:35:03,839
Speaker 3: in a paddock and if you google it you'll see it.

692
00:35:03,920 --> 00:35:06,640
Speaker 3: You'll see I did something with Valentino and look it

693
00:35:06,719 --> 00:35:09,040
Speaker 3: so a while ago. But I ride motorbikes on track.

694
00:35:09,080 --> 00:35:12,600
Speaker 3: I've seen it for some reason. Ye, So I get

695
00:35:12,680 --> 00:35:14,800
Speaker 3: why you love motor GP. I also get why you

696
00:35:14,840 --> 00:35:17,360
Speaker 3: said what you just said, because what made it exceptional

697
00:35:17,400 --> 00:35:19,400
Speaker 3: before was and this is where I'm getting into the

698
00:35:19,440 --> 00:35:23,399
Speaker 3: Formula one bit. You had a number of gladiators because

699
00:35:23,440 --> 00:35:25,839
Speaker 3: that's what they are, frankly, putting their life on the line,

700
00:35:25,840 --> 00:35:27,960
Speaker 3: where you couldn't predict who's going to win, and you

701
00:35:27,960 --> 00:35:30,080
Speaker 3: could almost predict that something incredible is going to happen

702
00:35:30,080 --> 00:35:31,600
Speaker 3: before the end of the race, and it normally did,

703
00:35:31,640 --> 00:35:33,960
Speaker 3: and it's changed a little bit this year. But what

704
00:35:34,040 --> 00:35:36,440
Speaker 3: I've just described is formula one. I can't go into

705
00:35:36,520 --> 00:35:39,440
Speaker 3: Japan predicting who's going to win Japan, no idea whatsoever.

706
00:35:39,480 --> 00:35:42,600
Speaker 3: What's going to happen in that regard. The order is

707
00:35:42,640 --> 00:35:46,040
Speaker 3: shaken up and we're so close together now that a

708
00:35:46,120 --> 00:35:48,359
Speaker 3: team that is at the front mcclowen otherwise you can

709
00:35:48,400 --> 00:35:51,080
Speaker 3: see they are punished. They don't get it right, you're

710
00:35:51,080 --> 00:35:53,320
Speaker 3: suddenly out in Q one, which is what happened to me.

711
00:35:53,440 --> 00:35:56,600
Speaker 3: Say these Ferrari are really pushing the boundaries, got thrown.

712
00:35:56,440 --> 00:35:58,680
Speaker 2: Out now, James, after qualifying, it's not hard to pick

713
00:35:58,719 --> 00:36:00,799
Speaker 2: a winner, right, That's the problem with F one.

714
00:36:02,000 --> 00:36:04,840
Speaker 3: So I don't think that's the case as much anymore.

715
00:36:04,680 --> 00:36:08,400
Speaker 3: You're absolutely right the top four are probably going to

716
00:36:08,480 --> 00:36:10,080
Speaker 3: say somewhere in there, there's going to be a bit

717
00:36:10,080 --> 00:36:14,600
Speaker 3: of shuffling around that a couple of Monaco one, but

718
00:36:14,680 --> 00:36:16,960
Speaker 3: not all the time, and that's what I enjoy about it.

719
00:36:18,280 --> 00:36:21,879
Speaker 3: So the problem that you've described there is more that

720
00:36:22,560 --> 00:36:26,400
Speaker 3: Lewis won the sprint race fair and square. Lando was ninth,

721
00:36:27,080 --> 00:36:30,120
Speaker 3: and so you're right in that circumstance, But actually Lando

722
00:36:30,160 --> 00:36:31,400
Speaker 3: had a car that should have been able to fight

723
00:36:31,440 --> 00:36:32,960
Speaker 3: it all the way back up to P two or

724
00:36:32,960 --> 00:36:35,520
Speaker 3: P one, the Ba tars one and NiFe fetched and

725
00:36:35,520 --> 00:36:37,160
Speaker 3: that's what I like about it. I wouldn't have predicted

726
00:36:37,200 --> 00:36:38,799
Speaker 3: that going into the race. I would have predicted Lando

727
00:36:38,840 --> 00:36:40,799
Speaker 3: should be right up in the midst of it. In

728
00:36:40,840 --> 00:36:43,719
Speaker 3: the main race. I think Shanghai neutralized what was going

729
00:36:43,760 --> 00:36:46,640
Speaker 3: to be great, but Melbourne didn't. Melbourne, I think, was

730
00:36:46,680 --> 00:36:49,480
Speaker 3: exciting all the way through. So your point in Monaco.

731
00:36:50,239 --> 00:36:53,640
Speaker 3: Monico is a very unique circuit and as much as

732
00:36:53,680 --> 00:36:56,080
Speaker 3: it's about the show, it's about being there. It's about

733
00:36:56,120 --> 00:37:01,200
Speaker 3: the standout crown jewel almost in terms of event. But

734
00:37:01,719 --> 00:37:05,560
Speaker 3: we also recognize that we didn't do something that's really

735
00:37:05,760 --> 00:37:07,920
Speaker 3: in keeping now with all the other circuit and very

736
00:37:07,920 --> 00:37:11,040
Speaker 3: specific to Monaco. We will all be doing a force

737
00:37:11,200 --> 00:37:13,600
Speaker 3: to stop race, which will shake up the order somewhat

738
00:37:13,680 --> 00:37:15,319
Speaker 3: as a result of things. Now. Is it going to

739
00:37:15,320 --> 00:37:17,960
Speaker 3: be perfect, No, but I do think it's the right

740
00:37:18,000 --> 00:37:20,000
Speaker 3: direction of travel to make sure that what we are

741
00:37:20,040 --> 00:37:23,719
Speaker 3: providing is a sport where it's not cemented on Saturday,

742
00:37:24,120 --> 00:37:26,280
Speaker 3: and that's what might happen in the case of Monaco.

743
00:37:28,120 --> 00:37:29,839
Speaker 3: I still don't like it, though, I Mean, I've had

744
00:37:29,840 --> 00:37:33,239
Speaker 3: some pretty disastrous Monaco races, really good ones as well,

745
00:37:33,680 --> 00:37:35,759
Speaker 3: So I can remember those and I can recall those.

746
00:37:35,800 --> 00:37:37,480
Speaker 3: But I do take your point that we need to

747
00:37:37,520 --> 00:37:40,840
Speaker 3: take care that we're not a Saturday afternoon spectacle.

748
00:37:41,560 --> 00:37:43,480
Speaker 1: This is sort of in the same vein. But for

749
00:37:43,600 --> 00:37:49,360
Speaker 1: next year, what's the what's the anticipation for having another

750
00:37:49,400 --> 00:37:52,840
Speaker 1: team added to the grid in Catalla?

751
00:37:54,120 --> 00:37:56,839
Speaker 3: So I think obviously there's there's disruption on the way through.

752
00:37:57,400 --> 00:38:00,880
Speaker 3: There's no point worrying about that anymore. But I'm pleased

753
00:38:01,040 --> 00:38:03,680
Speaker 3: that we have and it is a major US brand

754
00:38:03,800 --> 00:38:05,720
Speaker 3: joining us. It will have an impact on the sport

755
00:38:05,719 --> 00:38:09,000
Speaker 3: that will be positive, simple as that. However, please don't

756
00:38:09,080 --> 00:38:11,200
Speaker 3: underestimate the challenge that they have in front of them.

757
00:38:11,680 --> 00:38:14,800
Speaker 3: It's enormous now to be competing in this world stage

758
00:38:16,120 --> 00:38:19,080
Speaker 3: against teams that have been investing quite significantly now for

759
00:38:19,120 --> 00:38:20,960
Speaker 3: a number of years, and it is going to be

760
00:38:21,000 --> 00:38:23,640
Speaker 3: a struggle for them, I think, is the reality behind it.

761
00:38:24,920 --> 00:38:29,440
Speaker 3: But as I said, globally, it should help us as

762
00:38:29,480 --> 00:38:31,640
Speaker 3: a sport. I think already in America when I saw

763
00:38:31,640 --> 00:38:35,719
Speaker 3: the stats, we went from just as a viewership six

764
00:38:35,760 --> 00:38:38,000
Speaker 3: hundred three thousand to three million last year, just just

765
00:38:38,040 --> 00:38:40,520
Speaker 3: a one race in America that's just an American viewership,

766
00:38:40,960 --> 00:38:45,080
Speaker 3: and it's grown another ten to twenty percent. And what's

767
00:38:45,120 --> 00:38:48,200
Speaker 3: really encouraging to me is that pathway will only be accelerated,

768
00:38:48,239 --> 00:38:50,440
Speaker 3: not slowed down as a result of it. And I

769
00:38:50,480 --> 00:38:52,919
Speaker 3: want our sport to be successful for not one year,

770
00:38:52,960 --> 00:38:55,840
Speaker 3: but the next twenty years, and a global sport, and

771
00:38:55,920 --> 00:38:58,560
Speaker 3: global means that we need to have representation all over

772
00:38:58,560 --> 00:39:02,440
Speaker 3: the world, so that altogether, I think there's a logistical challenge.

773
00:39:02,480 --> 00:39:04,080
Speaker 3: By the way, I didn't mention there were some tracks.

774
00:39:04,120 --> 00:39:05,880
Speaker 3: I have no idea how we're going to fit eleven

775
00:39:05,920 --> 00:39:07,640
Speaker 3: of assume, but we'll deal with that when we get there.

776
00:39:07,920 --> 00:39:10,319
Speaker 3: I think for the time being, I wish them all

777
00:39:10,320 --> 00:39:12,560
Speaker 3: the best. I think it's a hell of a challenge

778
00:39:12,760 --> 00:39:16,319
Speaker 3: to get up and running next year, but globally it

779
00:39:16,320 --> 00:39:17,520
Speaker 3: will make the sport better in time.

780
00:39:17,920 --> 00:39:21,719
Speaker 1: I have to imagine there's already the conversations about those

781
00:39:21,840 --> 00:39:24,600
Speaker 1: very logistics that you mentioned about how to handle yet

782
00:39:24,680 --> 00:39:29,480
Speaker 1: more cars, for instance, on the track in Monaco. Are

783
00:39:29,520 --> 00:39:31,720
Speaker 1: you part of those conversations. Are the teams being involved

784
00:39:31,719 --> 00:39:33,000
Speaker 1: in those conversations at all?

785
00:39:35,160 --> 00:39:37,920
Speaker 3: No, short answer, no. Interestingly, on the previous point that

786
00:39:37,920 --> 00:39:40,040
Speaker 3: you asked, which is what would I do if we

787
00:39:40,120 --> 00:39:41,880
Speaker 3: run sport? But the good news is teams have a

788
00:39:41,920 --> 00:39:45,000
Speaker 3: voice in that, so we are actively coming together. We

789
00:39:45,080 --> 00:39:47,319
Speaker 3: come together once every two months or so to talk

790
00:39:47,360 --> 00:39:50,160
Speaker 3: about that. In terms of the logistics though, that's solely

791
00:39:50,200 --> 00:39:52,040
Speaker 3: really down to the FI and for all of one management,

792
00:39:52,080 --> 00:39:54,120
Speaker 3: who we trust to do this in the right way.

793
00:39:54,640 --> 00:39:57,080
Speaker 3: There are problems in Monaco. I don't know how we

794
00:39:57,120 --> 00:39:59,920
Speaker 3: can fit someone in Zamport as well. It's a lovely sir,

795
00:40:00,280 --> 00:40:04,879
Speaker 3: but there is no space whatsoever at all. But it's

796
00:40:04,880 --> 00:40:07,319
Speaker 3: not one that we can't overcome. The facts are it's

797
00:40:07,400 --> 00:40:09,200
Speaker 3: going to happen, so we will make it work.

798
00:40:10,560 --> 00:40:14,319
Speaker 1: And I also wonder was there a sense that it

799
00:40:14,480 --> 00:40:19,560
Speaker 1: was critical or increasingly critical to get an American team

800
00:40:20,239 --> 00:40:24,280
Speaker 1: in the series because of the continued push for growth

801
00:40:24,400 --> 00:40:26,560
Speaker 1: among American viewers.

802
00:40:27,760 --> 00:40:31,759
Speaker 3: I mean, hass is an American entry, irrespected, it is

803
00:40:31,800 --> 00:40:34,520
Speaker 3: worth saying it be a second American team.

804
00:40:34,840 --> 00:40:36,399
Speaker 1: I did think that pause.

805
00:40:36,920 --> 00:40:43,760
Speaker 3: Yeah, second team, second team. I think I think actually

806
00:40:43,800 --> 00:40:46,280
Speaker 3: the real key behind it is it's the OEM part,

807
00:40:46,320 --> 00:40:49,880
Speaker 3: a large major, one of the biggest manufacturers in the

808
00:40:49,920 --> 00:40:51,799
Speaker 3: world being part of the sport. So in other words,

809
00:40:51,840 --> 00:40:54,719
Speaker 3: that it could have been a different manufacturer in a

810
00:40:54,719 --> 00:40:57,319
Speaker 3: different country. I think it benefits us because this one

811
00:40:57,520 --> 00:41:01,160
Speaker 3: is growth in America. But had it been another one

812
00:41:01,200 --> 00:41:03,040
Speaker 3: that would have had growth in a different market, I

813
00:41:03,080 --> 00:41:05,040
Speaker 3: think that would have been just as good. What the

814
00:41:05,080 --> 00:41:07,040
Speaker 3: whole point of our sport is we have to be

815
00:41:07,520 --> 00:41:11,719
Speaker 3: very international and growing across the world. But the real

816
00:41:11,800 --> 00:41:14,520
Speaker 3: key behind it is a major manufacturer, and.

817
00:41:14,480 --> 00:41:19,719
Speaker 1: That would differentiate Cadillac from Andretti. Where Cadillac is a manufacturer.

818
00:41:20,880 --> 00:41:23,920
Speaker 3: You're spot on, that's the difference between the two. It's

819
00:41:24,040 --> 00:41:27,480
Speaker 3: Cadillac brings with a huge amount of knowledge, experience. Look

820
00:41:27,520 --> 00:41:30,040
Speaker 3: what they're doing at the moment in we look how

821
00:41:30,040 --> 00:41:32,080
Speaker 3: they're investing in all the sports. Look at the name

822
00:41:32,120 --> 00:41:35,359
Speaker 3: and what it contains, major major brand, and it's very

823
00:41:35,360 --> 00:41:38,040
Speaker 3: different from a single individual that perhaps doesn't come with

824
00:41:38,120 --> 00:41:39,319
Speaker 3: all the accolade behind it.

825
00:41:39,800 --> 00:41:41,680
Speaker 2: What is it like? I mean, we had a listener

826
00:41:42,120 --> 00:41:45,720
Speaker 2: writing in to ask about the business model for manufacturers

827
00:41:45,760 --> 00:41:50,279
Speaker 2: who own race teams. But what's what's the big differentiator

828
00:41:50,280 --> 00:41:53,600
Speaker 2: in your experience between you know Frank Williams and you

829
00:41:53,640 --> 00:41:54,320
Speaker 2: know Mercedes.

830
00:41:55,480 --> 00:42:00,279
Speaker 3: So it's a good question that the band's narrowing is

831
00:42:00,280 --> 00:42:02,759
Speaker 3: what I would say, and a pure example of that

832
00:42:02,960 --> 00:42:07,400
Speaker 3: is McLaren isn't a manufacturer. That's not quite true. McLaren

833
00:42:07,600 --> 00:42:11,440
Speaker 3: generates road cars, they're not with their engine and the

834
00:42:11,520 --> 00:42:14,040
Speaker 3: pall unit being provided the track is not a McLaren,

835
00:42:14,120 --> 00:42:17,160
Speaker 3: it is a Mercedes. Fundamentally, they are a customer to

836
00:42:17,239 --> 00:42:20,680
Speaker 3: Mercedes and they won a championship. And it's really important

837
00:42:20,680 --> 00:42:23,359
Speaker 3: to differentiate between how perhaps the sport was ten years

838
00:42:23,360 --> 00:42:26,279
Speaker 3: ago where I think there will be zero chance that

839
00:42:26,360 --> 00:42:30,080
Speaker 3: a non manufacturer could have a real opportunity. We can

840
00:42:30,120 --> 00:42:31,799
Speaker 3: go back to fank Stays, where again there was more

841
00:42:31,800 --> 00:42:34,520
Speaker 3: opportunity back then. But I think what we've done as

842
00:42:34,520 --> 00:42:37,160
Speaker 3: a sport is the right direction of travel, which is

843
00:42:37,320 --> 00:42:41,120
Speaker 3: effectively now minimize the differences between a manufacturer or not

844
00:42:41,200 --> 00:42:43,400
Speaker 3: there were still are. There was no doubt about it

845
00:42:43,480 --> 00:42:46,480
Speaker 3: that the integration of the power unit into a Mercedes

846
00:42:47,000 --> 00:42:49,879
Speaker 3: is going to be more complete than the integration does

847
00:42:49,880 --> 00:42:52,080
Speaker 3: it would be into the Williams, because fundamentally we all

848
00:42:52,120 --> 00:42:54,760
Speaker 3: have a voice at the table, but Mercedes will always

849
00:42:54,800 --> 00:42:57,400
Speaker 3: be and should be the most powerful because they're the

850
00:42:57,400 --> 00:42:59,839
Speaker 3: works manufacturer behind it, and so you can get into

851
00:43:00,080 --> 00:43:02,960
Speaker 3: very small minute details. It could be the positioning and

852
00:43:02,960 --> 00:43:05,640
Speaker 3: the layout of the exhausts. Will have one view for

853
00:43:05,800 --> 00:43:08,160
Speaker 3: next year based on what we're doing around the chassis,

854
00:43:08,239 --> 00:43:10,480
Speaker 3: what we're doing around aerodynamics. The studies will have a

855
00:43:10,480 --> 00:43:13,960
Speaker 3: different view and if it if they're aligned, fantastic. If

856
00:43:14,000 --> 00:43:17,239
Speaker 3: they're not aligned, it will go down the manufacturer route. Now.

857
00:43:17,880 --> 00:43:20,120
Speaker 3: The reason why I talk about though, is they're very

858
00:43:20,160 --> 00:43:23,360
Speaker 3: minute differences relative to perhaps receiving a power unit that

859
00:43:23,520 --> 00:43:26,279
Speaker 3: is half the power of your works team, and that

860
00:43:26,360 --> 00:43:30,280
Speaker 3: simply can't happen anymore. There's regulations, the regulations that hibit

861
00:43:30,320 --> 00:43:32,759
Speaker 3: that basically all the end or the power units are

862
00:43:32,800 --> 00:43:35,520
Speaker 3: somewhat the same as they're provided to and operated the same,

863
00:43:35,560 --> 00:43:38,040
Speaker 3: which gives us an opportunity to fight for a world

864
00:43:38,080 --> 00:43:40,880
Speaker 3: championship as it has my time on. So the sport's

865
00:43:40,880 --> 00:43:43,000
Speaker 3: in a better place as a result of it, So

866
00:43:43,080 --> 00:43:46,000
Speaker 3: hopefully that that defines it. Small differences, they're still there.

867
00:43:46,080 --> 00:43:49,839
Speaker 2: But what James, the business side of your I mean,

868
00:43:49,880 --> 00:43:52,320
Speaker 2: Obviously it's super fun to talk about the cars and

869
00:43:52,360 --> 00:43:55,640
Speaker 2: the pilots and the teams, the main mechanics you know

870
00:43:55,920 --> 00:44:00,480
Speaker 2: and sunday, but you do like these teams are worth

871
00:44:00,640 --> 00:44:03,799
Speaker 2: a ton of money, So explain the business model to

872
00:44:03,880 --> 00:44:06,759
Speaker 2: a listener who maybe doesn't know that side of it.

873
00:44:06,840 --> 00:44:09,520
Speaker 3: At that one the team, the team has value, you

874
00:44:09,520 --> 00:44:12,040
Speaker 3: absolutely spot on, and that's a large difference from where

875
00:44:12,040 --> 00:44:15,839
Speaker 3: we were even just ten years ago. Teams didn't really

876
00:44:15,840 --> 00:44:18,480
Speaker 3: have inherent value. Ten years ago, teams sold for one pound.

877
00:44:19,080 --> 00:44:21,040
Speaker 3: That was it, because why would you take a team up.

878
00:44:21,040 --> 00:44:22,680
Speaker 3: You've got to put one hundred million in a year.

879
00:44:22,840 --> 00:44:24,799
Speaker 3: There's an adage which is the fastest way to become

880
00:44:24,840 --> 00:44:26,560
Speaker 3: a millionaire is to be a billionaire and buy a

881
00:44:26,560 --> 00:44:30,640
Speaker 3: former one team. So it is a true adage. Answering

882
00:44:30,640 --> 00:44:33,279
Speaker 3: your question, though, the difference to where we were ten

883
00:44:33,320 --> 00:44:36,600
Speaker 3: years ago is we're running these businesses now, so we're

884
00:44:36,640 --> 00:44:38,680
Speaker 3: not just a sport that is reliant on someone just

885
00:44:38,719 --> 00:44:41,160
Speaker 3: putting money into the background. And that's what happened with manufacturers.

886
00:44:41,200 --> 00:44:43,479
Speaker 3: That's what happened, not just with manufacturers, to be clear,

887
00:44:43,520 --> 00:44:45,799
Speaker 3: but red Bull. Red Bull probably put in more than

888
00:44:45,800 --> 00:44:48,280
Speaker 3: most others into the sport. They've built a whole value

889
00:44:48,280 --> 00:44:51,440
Speaker 3: in the function, which is hundreds of millions. But obviously

890
00:44:51,440 --> 00:44:53,880
Speaker 3: in doing so, it's not selling cars, it's selling fuzzy

891
00:44:53,960 --> 00:44:58,240
Speaker 3: drinks which don't taste that good in my experience, they're awful.

892
00:44:58,320 --> 00:45:03,719
Speaker 3: But here's where the this models finally kicked off. I well,

893
00:45:04,840 --> 00:45:09,960
Speaker 3: there's always one. What's changed is this a couple of things.

894
00:45:10,080 --> 00:45:13,799
Speaker 3: Just before COVID, we all agreed to a cost cap,

895
00:45:13,800 --> 00:45:15,520
Speaker 3: which was a high number, to be honest, than where

896
00:45:15,560 --> 00:45:18,719
Speaker 3: we are today. But the reason behind the cost cap

897
00:45:18,800 --> 00:45:20,920
Speaker 3: is because we all acknowledged that we're just investing in

898
00:45:20,960 --> 00:45:23,960
Speaker 3: growing at such a rate that it's unsustainable as a

899
00:45:24,000 --> 00:45:25,920
Speaker 3: result of things, because we would buy our way out

900
00:45:25,920 --> 00:45:29,040
Speaker 3: of trouble. And you know, if you're a manufacturer, you

901
00:45:29,160 --> 00:45:31,640
Speaker 3: have the finance to do it. If you're Williams, you didn't,

902
00:45:31,840 --> 00:45:34,279
Speaker 3: simple as that at the time. Williams has changed now

903
00:45:34,280 --> 00:45:38,040
Speaker 3: it's a different ownership, but this is old Williams. In COVID,

904
00:45:38,080 --> 00:45:40,720
Speaker 3: we actually had a phone call because we were desperately

905
00:45:40,760 --> 00:45:42,640
Speaker 3: worried that that was the end of our sport. Just

906
00:45:42,680 --> 00:45:44,520
Speaker 3: to put it, I mean, many businesses thought it was

907
00:45:44,560 --> 00:45:47,080
Speaker 3: the end of them. Actually, as it turned out, we

908
00:45:47,080 --> 00:45:49,400
Speaker 3: were okay because we're one of the few sports where

909
00:45:49,760 --> 00:45:52,880
Speaker 3: the human beings are encased in the helmet and separated

910
00:45:52,880 --> 00:45:54,680
Speaker 3: by at least two meters on track, So you're going

911
00:45:54,719 --> 00:45:58,120
Speaker 3: to be somewhat okay in terms of that. But what

912
00:45:58,160 --> 00:46:00,680
Speaker 3: we did is changed the cost cap again to be

913
00:46:00,760 --> 00:46:03,200
Speaker 3: even more stringent, even more restrictive. One of the best

914
00:46:03,239 --> 00:46:05,880
Speaker 3: decisions we've ever made as a sport, because now we

915
00:46:05,920 --> 00:46:08,879
Speaker 3: can run it as a business. You cannot spend your

916
00:46:08,920 --> 00:46:12,080
Speaker 3: way out of trouble, and what that creates is opportunity

917
00:46:12,160 --> 00:46:14,840
Speaker 3: for all of us to effectively maximize every dollar we

918
00:46:14,880 --> 00:46:18,279
Speaker 3: spend within that Now I think most teams are now

919
00:46:18,440 --> 00:46:20,799
Speaker 3: at the cost cap. We certainly are and have been

920
00:46:21,239 --> 00:46:24,719
Speaker 3: since I've been in the organization. Not everyone is yet

921
00:46:24,760 --> 00:46:27,160
Speaker 3: I think, well too, we'll play catch up in that regard,

922
00:46:27,680 --> 00:46:31,439
Speaker 3: but it allows us now to effectively ensure that we're

923
00:46:31,480 --> 00:46:34,520
Speaker 3: getting as the sport grows, the right partners on board

924
00:46:34,560 --> 00:46:36,680
Speaker 3: that bring a certain amount of income to the sport,

925
00:46:36,760 --> 00:46:39,040
Speaker 3: provides an income as well at the same time and

926
00:46:39,040 --> 00:46:40,880
Speaker 3: make it into a business that you grow into, so

927
00:46:40,920 --> 00:46:43,440
Speaker 3: you're not just reliant on your ev or value, but

928
00:46:43,560 --> 00:46:45,400
Speaker 3: you actually do have a cash flow that puts you

929
00:46:45,400 --> 00:46:47,440
Speaker 3: into a positive situation, which a number of teams on

930
00:46:47,440 --> 00:46:51,200
Speaker 3: the grid have now achieved. And so the difference before

931
00:46:51,320 --> 00:46:55,000
Speaker 3: is you needed the manufacturer backing behind you. Treat me

932
00:46:55,040 --> 00:46:57,279
Speaker 3: more as a startup. Now I'm very fortunate to have

933
00:46:57,320 --> 00:47:00,840
Speaker 3: investors that are willing to put in the prime the

934
00:47:00,880 --> 00:47:03,560
Speaker 3: amount of financial required to bring us there. But as

935
00:47:03,600 --> 00:47:05,799
Speaker 3: with every startup, once you get over that hurdle, we

936
00:47:05,840 --> 00:47:07,600
Speaker 3: should be a self sustaining business.

937
00:47:08,160 --> 00:47:10,719
Speaker 1: And you guys have a new title partnership with at

938
00:47:10,800 --> 00:47:13,919
Speaker 1: Lassian as well, right, can you talk about what that

939
00:47:14,400 --> 00:47:15,440
Speaker 1: may bring in the future.

940
00:47:17,120 --> 00:47:19,000
Speaker 3: I can talk about what it brings today. I mean

941
00:47:19,320 --> 00:47:22,960
Speaker 3: it's first of all, in the history of Suddenly Williams,

942
00:47:22,960 --> 00:47:25,920
Speaker 3: this is the largest largest partner we've had on board

943
00:47:25,440 --> 00:47:29,560
Speaker 3: by a long way as well, and more important to

944
00:47:29,640 --> 00:47:31,719
Speaker 3: me was not finding someone that just wanted to put

945
00:47:31,719 --> 00:47:33,840
Speaker 3: a sticker on the car. More important to us, i

946
00:47:33,840 --> 00:47:36,120
Speaker 3: should say it's not to me, is not just a

947
00:47:36,160 --> 00:47:41,480
Speaker 3: stick on the car, but a real partner that has systems, technology, thoughts,

948
00:47:41,520 --> 00:47:44,879
Speaker 3: ethos that aligns with our own and more importantly, where

949
00:47:44,920 --> 00:47:47,239
Speaker 3: they want to have a real tangible story at the

950
00:47:47,239 --> 00:47:49,480
Speaker 3: out of it, where we are improving as a result

951
00:47:49,520 --> 00:47:52,239
Speaker 3: of their investment in us. And that is the case

952
00:47:52,239 --> 00:47:55,400
Speaker 3: with that lassion and it's their background is really bringing

953
00:47:55,400 --> 00:47:58,640
Speaker 3: teams together, It's about collaboration, it's about systems, tools, structures

954
00:47:58,640 --> 00:48:01,400
Speaker 3: behind all of that, and so there's some real, tangible

955
00:48:01,840 --> 00:48:03,640
Speaker 3: the tools that they have will be integrated and the

956
00:48:03,960 --> 00:48:06,960
Speaker 3: real world purposes adapted to what we need here in

957
00:48:07,000 --> 00:48:08,640
Speaker 3: some of the cases and others you don't need to

958
00:48:09,000 --> 00:48:11,080
Speaker 3: structurally sound for what they need to be. And then

959
00:48:11,120 --> 00:48:13,200
Speaker 3: on top of that an investment and how we're using data,

960
00:48:13,280 --> 00:48:16,759
Speaker 3: how we're using information flow that they can use their

961
00:48:16,760 --> 00:48:19,080
Speaker 3: powerhouse that they've developed over years to do a better

962
00:48:19,160 --> 00:48:23,719
Speaker 3: job with so real stories rather than stick on the car.

963
00:48:23,960 --> 00:48:25,920
Speaker 3: And the next part of it with the Lascian is

964
00:48:25,920 --> 00:48:29,600
Speaker 3: that we're very aligned on our culture. So effectively, people

965
00:48:29,640 --> 00:48:32,480
Speaker 3: are everything to me. You can have all the machines

966
00:48:32,480 --> 00:48:35,120
Speaker 3: in the world, but ultimately it's the people that design

967
00:48:35,120 --> 00:48:37,080
Speaker 3: the machines and tell you what direction to be going,

968
00:48:37,120 --> 00:48:38,839
Speaker 3: and people are the rood couse of it. And your

969
00:48:38,840 --> 00:48:43,160
Speaker 3: investment to people is categorical and important and that aligns

970
00:48:43,320 --> 00:48:45,719
Speaker 3: perfectly with Alassian everything. And that's why all the tools

971
00:48:45,719 --> 00:48:47,760
Speaker 3: are collaboration. Everything's about investing in people.

972
00:48:48,840 --> 00:48:51,840
Speaker 2: By the way, I wanted to ask you about your degree.

973
00:48:52,160 --> 00:48:57,080
Speaker 2: I heard a commercial for some university here in the US,

974
00:48:57,160 --> 00:48:59,359
Speaker 2: I think maybeas Purdue, and they were talking about they

975
00:48:59,360 --> 00:49:03,160
Speaker 2: have a motors wors engineering Matt a major, and I thought,

976
00:49:03,160 --> 00:49:05,200
Speaker 2: that's so cool that people can major in that. And

977
00:49:05,239 --> 00:49:09,000
Speaker 2: then I saw on your CV that you actually did.

978
00:49:10,560 --> 00:49:10,600
Speaker 3: It.

979
00:49:10,719 --> 00:49:13,480
Speaker 2: What it was like studying that in college? And how

980
00:49:14,640 --> 00:49:17,120
Speaker 2: successful do you think those kinds of programs are? Like

981
00:49:17,160 --> 00:49:20,800
Speaker 2: do you get a ton of your team members from

982
00:49:21,280 --> 00:49:22,760
Speaker 2: motorsports engineering majors?

983
00:49:24,080 --> 00:49:27,359
Speaker 3: So good questions. I'm a little bit weird and as

984
00:49:27,400 --> 00:49:29,560
Speaker 3: much as I did too. I did a mathematics and

985
00:49:29,600 --> 00:49:32,040
Speaker 3: computer science as the first one. Then realized I really

986
00:49:32,080 --> 00:49:34,040
Speaker 3: couldn't do computer science for the next fifty years of

987
00:49:34,040 --> 00:49:36,919
Speaker 3: my life, so then migrated into a second degree, which

988
00:49:36,920 --> 00:49:38,400
Speaker 3: is this one that's the one you're speaking about at

989
00:49:38,440 --> 00:49:41,840
Speaker 3: Cranfield and there was a mixture between management and mustorsport engineering.

990
00:49:41,880 --> 00:49:46,600
Speaker 3: And it was the first year ever for certainly Cranfield University.

991
00:49:47,040 --> 00:49:52,640
Speaker 3: I was part of the first entrant and it's very specialist.

992
00:49:52,719 --> 00:49:54,400
Speaker 3: But the reason why I went down that route was

993
00:49:54,400 --> 00:49:58,719
Speaker 3: the following It was completely connected to around about six

994
00:49:58,760 --> 00:50:01,239
Speaker 3: teams at the time. In other words, you had exposure

995
00:50:01,239 --> 00:50:05,040
Speaker 3: of two teams to the major people within those organizations.

996
00:50:05,160 --> 00:50:07,560
Speaker 3: I had a pass that allowed me into cycle the BRDC,

997
00:50:07,640 --> 00:50:10,120
Speaker 3: the Bush Racing Drivers Club back because whenever I wanted

998
00:50:10,160 --> 00:50:13,759
Speaker 3: to that connection to the industry was vital because what

999
00:50:13,800 --> 00:50:17,719
Speaker 3: I realized early on is some of the most intelligent

1000
00:50:17,719 --> 00:50:20,040
Speaker 3: people I know you may not even make it into

1001
00:50:20,080 --> 00:50:24,440
Speaker 3: Formula one. It's going to sound very odd, but people

1002
00:50:24,440 --> 00:50:26,400
Speaker 3: in Formula one seem to all have five to ten

1003
00:50:26,480 --> 00:50:30,279
Speaker 3: years experience, and all seemed to be forty except I

1004
00:50:30,320 --> 00:50:31,960
Speaker 3: couldn't figure out where you got your five ten years

1005
00:50:32,000 --> 00:50:34,279
Speaker 3: experience from. So what I was using was effectively the

1006
00:50:34,320 --> 00:50:37,280
Speaker 3: conduit of a very linked university with a good course

1007
00:50:37,680 --> 00:50:41,399
Speaker 3: to allow me to have a step enter into it. Yes,

1008
00:50:41,680 --> 00:50:44,120
Speaker 3: we do recruit from those courses. However, I'd be even

1009
00:50:44,200 --> 00:50:46,680
Speaker 3: so bold as to say, if you did an automotive

1010
00:50:46,800 --> 00:50:50,200
Speaker 3: or mechanical or aeronautical, or even better, you've mixed two

1011
00:50:50,280 --> 00:50:53,920
Speaker 3: subjects a little bit like I did, you have just

1012
00:50:53,960 --> 00:50:57,720
Speaker 3: a good chance as anything of coming into a sport.

1013
00:50:57,840 --> 00:50:59,960
Speaker 3: Because the world has changed in a really good way.

1014
00:51:00,560 --> 00:51:03,759
Speaker 3: Twenty twenty some years ago, graduates literally did not go

1015
00:51:03,800 --> 00:51:05,759
Speaker 3: into Formula one, and I was very fortunate to be

1016
00:51:05,760 --> 00:51:09,239
Speaker 3: given an opportunity to do that. I got lucky, is

1017
00:51:09,280 --> 00:51:12,520
Speaker 3: how I would see it. But these days, one hundred

1018
00:51:12,520 --> 00:51:16,799
Speaker 3: and thirty seven individuals out of one thousand our early careers.

1019
00:51:17,120 --> 00:51:20,640
Speaker 3: I believe desperately in investing in our future generations because

1020
00:51:20,920 --> 00:51:23,720
Speaker 3: our graduates and even those that are still at university,

1021
00:51:23,760 --> 00:51:25,680
Speaker 3: effectively they are taking a year out that join us

1022
00:51:25,960 --> 00:51:28,880
Speaker 3: and our apprentices. They are going to form our leaders

1023
00:51:29,360 --> 00:51:32,520
Speaker 3: in the next ten years, maybe five to ten, depending

1024
00:51:32,520 --> 00:51:35,120
Speaker 3: on how they're structured. And that is the strength of

1025
00:51:35,120 --> 00:51:38,160
Speaker 3: an organization. It's an investment in the long term, and

1026
00:51:38,560 --> 00:51:40,319
Speaker 3: I went through that route. I can see how to

1027
00:51:40,320 --> 00:51:42,799
Speaker 3: build companies that way, and I invest dramatically in it.

1028
00:51:42,840 --> 00:51:46,320
Speaker 3: So as the result of that, your degree is probably

1029
00:51:46,360 --> 00:51:48,520
Speaker 3: the specific title of it is less important to me

1030
00:51:48,600 --> 00:51:51,640
Speaker 3: than individuals that are multi variant. They have a lot

1031
00:51:51,640 --> 00:51:55,239
Speaker 3: of strings to their boat and obviously incredibly intelligent that

1032
00:51:55,280 --> 00:51:55,759
Speaker 3: goes with it.

1033
00:51:55,880 --> 00:51:57,800
Speaker 2: I just thought it was cool that you're starting to

1034
00:51:57,840 --> 00:51:59,920
Speaker 2: see that at more universities. I think Purdue does it

1035
00:52:00,080 --> 00:52:03,560
Speaker 2: because they're close to to Indy, right, and so they

1036
00:52:03,560 --> 00:52:08,040
Speaker 2: have that racing history and people who go there want

1037
00:52:08,080 --> 00:52:10,120
Speaker 2: to be a part of it. What made you want

1038
00:52:10,160 --> 00:52:11,840
Speaker 2: to be a part of it? Like what drove you?

1039
00:52:12,360 --> 00:52:14,640
Speaker 2: Obviously it wasn't just oh, I can't do computers, I

1040
00:52:14,640 --> 00:52:18,320
Speaker 2: should go be the principal Formula one team. Instead, you

1041
00:52:18,719 --> 00:52:21,320
Speaker 2: must have been just very interested in cars, I guess

1042
00:52:21,840 --> 00:52:23,440
Speaker 2: in racing from a younger age.

1043
00:52:24,560 --> 00:52:30,360
Speaker 3: Yeah, it's I did a tiny bit of karting. Just

1044
00:52:30,400 --> 00:52:32,399
Speaker 3: on that. I have a theory that there's two two

1045
00:52:32,400 --> 00:52:34,839
Speaker 3: types of individual our sport. In the engineering side were

1046
00:52:34,880 --> 00:52:37,239
Speaker 3: the very best engineers you could really ever hope for,

1047
00:52:37,920 --> 00:52:40,080
Speaker 3: and then probably failed racing drivers. And I don't know

1048
00:52:40,080 --> 00:52:42,239
Speaker 3: which camp I fall into. Probably all have failed racing

1049
00:52:42,320 --> 00:52:47,000
Speaker 3: driver camp. But I what I fell in love with

1050
00:52:47,480 --> 00:52:51,840
Speaker 3: is I feel at home. Describe me as an individual.

1051
00:52:51,960 --> 00:52:56,160
Speaker 3: I'm highly competitive. I need to be successful everything I do.

1052
00:52:56,320 --> 00:52:57,959
Speaker 3: When I go into it, I will put my heart

1053
00:52:58,000 --> 00:53:01,120
Speaker 3: and so I put sleep aside, life aside. What I

1054
00:53:01,160 --> 00:53:03,280
Speaker 3: want to do is be successful. That's how I'm built

1055
00:53:03,280 --> 00:53:05,840
Speaker 3: as an individual, and it's how I built my career

1056
00:53:05,880 --> 00:53:08,799
Speaker 3: to where I am today. The result of that is

1057
00:53:08,840 --> 00:53:12,120
Speaker 3: that what I found was an environment where I'm surrounded

1058
00:53:12,120 --> 00:53:15,400
Speaker 3: by people that have a very similar affinity. They're driven

1059
00:53:15,440 --> 00:53:18,360
Speaker 3: by success, They're driven by on track results and performance.

1060
00:53:18,400 --> 00:53:20,560
Speaker 3: It's not a nine to five. You simply couldn't do

1061
00:53:21,120 --> 00:53:23,360
Speaker 3: Formula one if you treat it as a job. It

1062
00:53:23,480 --> 00:53:28,640
Speaker 3: is my passion, it is my life fundamentally, and I

1063
00:53:28,680 --> 00:53:30,239
Speaker 3: so happened to get paid for it, which I think

1064
00:53:30,280 --> 00:53:34,560
Speaker 3: is a fantastic element at the back end. So what

1065
00:53:34,600 --> 00:53:35,880
Speaker 3: I fell in love with is when I watched it

1066
00:53:36,000 --> 00:53:38,160
Speaker 3: on TV. And I was naive at the time I

1067
00:53:38,200 --> 00:53:40,239
Speaker 3: started watching in the eighties. You watched it on TV

1068
00:53:40,360 --> 00:53:43,520
Speaker 3: in thing as as simple as whatever, thirty people involved

1069
00:53:43,520 --> 00:53:46,680
Speaker 3: in the sport, and almost I didn't think about anything

1070
00:53:46,680 --> 00:53:48,600
Speaker 3: on the back end. What I was focused on was

1071
00:53:48,640 --> 00:53:50,360
Speaker 3: there's a car. I didn't even think about how that

1072
00:53:50,440 --> 00:53:53,160
Speaker 3: was produced, and a gladiatoral driver. And I fell in

1073
00:53:53,200 --> 00:53:55,840
Speaker 3: love with it because it's just this highly competitive sport

1074
00:53:55,880 --> 00:53:59,040
Speaker 3: where you put everything on the line every few weeks

1075
00:53:59,480 --> 00:54:02,520
Speaker 3: in front of an audience. Then when I actually started

1076
00:54:02,520 --> 00:54:04,520
Speaker 3: realizing behind the scenes, this is back in the early

1077
00:54:04,560 --> 00:54:06,960
Speaker 3: two thousands, it was two hundred and fifty people. It's

1078
00:54:06,960 --> 00:54:09,520
Speaker 3: about the size of a team back then, working day

1079
00:54:09,560 --> 00:54:12,719
Speaker 3: and night to just continuously improve from where you are.

1080
00:54:13,080 --> 00:54:14,919
Speaker 3: That's where I fell in love with it and wanted

1081
00:54:14,920 --> 00:54:16,719
Speaker 3: it to be a part of my life.

1082
00:54:17,400 --> 00:54:21,040
Speaker 1: You know, James, every race that I've gone to in

1083
00:54:21,080 --> 00:54:23,960
Speaker 1: Formula one, I start to see the same people and

1084
00:54:24,000 --> 00:54:26,600
Speaker 1: it's really great and you start to realize this is

1085
00:54:26,640 --> 00:54:31,480
Speaker 1: a traveling circus truly, and it's the same pod of

1086
00:54:32,400 --> 00:54:34,560
Speaker 1: it's a tribe of people who travel around the world.

1087
00:54:36,320 --> 00:54:40,680
Speaker 1: Is it better if someone in that traveling circus doesn't

1088
00:54:40,719 --> 00:54:44,520
Speaker 1: have a personal life, like not married and no children,

1089
00:54:44,600 --> 00:54:46,840
Speaker 1: so they can do exactly what you say, which is

1090
00:54:47,120 --> 00:54:52,360
Speaker 1: completely devote themselves to this ambition and endeavor.

1091
00:54:53,840 --> 00:54:56,800
Speaker 3: So I'm going to go into a little bit of philosophy,

1092
00:54:56,840 --> 00:54:59,000
Speaker 3: but I'm going to give you some very personal exciting

1093
00:54:59,040 --> 00:55:01,919
Speaker 3: to me. I believe you need three things in life

1094
00:55:01,960 --> 00:55:03,800
Speaker 3: to be happy. And this isn't my invention. There's a

1095
00:55:03,800 --> 00:55:06,120
Speaker 3: philosopher that was a couple hundred years ago that came

1096
00:55:06,160 --> 00:55:07,880
Speaker 3: up with it. But I absolutely buy into this. I

1097
00:55:07,920 --> 00:55:09,799
Speaker 3: think you really do need three things. I think you

1098
00:55:09,920 --> 00:55:13,520
Speaker 3: need something that keeps you active day on day, something

1099
00:55:13,560 --> 00:55:15,400
Speaker 3: to do in other words, So in my case, that's

1100
00:55:15,480 --> 00:55:17,480
Speaker 3: formula one. But I also believe that you need to

1101
00:55:17,480 --> 00:55:19,799
Speaker 3: have your heart filled. You need something in your life

1102
00:55:20,040 --> 00:55:24,160
Speaker 3: that is creates you a happiness beyond anything else. And

1103
00:55:24,160 --> 00:55:25,880
Speaker 3: it can be friends, it can be family, it can

1104
00:55:25,920 --> 00:55:28,480
Speaker 3: be a hobby, but you need that as a part

1105
00:55:28,520 --> 00:55:30,759
Speaker 3: of your life in my opinion, to complete the happiness cycle.

1106
00:55:30,800 --> 00:55:33,040
Speaker 3: And then you need a third thing. You need something

1107
00:55:33,040 --> 00:55:35,480
Speaker 3: to look forward to something that's always dragging you forward,

1108
00:55:35,480 --> 00:55:38,000
Speaker 3: pushing you forward. And so I think you need those

1109
00:55:38,040 --> 00:55:40,440
Speaker 3: three things in life to be happy. And so if

1110
00:55:40,440 --> 00:55:42,000
Speaker 3: you get rid of one of those, which is what

1111
00:55:42,040 --> 00:55:44,560
Speaker 3: you're talking about here, I think you will always feel

1112
00:55:44,560 --> 00:55:48,560
Speaker 3: an emptiness without doubt. Our lives are hard. They're hard

1113
00:55:48,640 --> 00:55:52,319
Speaker 3: for I have a young family and a family back here.

1114
00:55:52,400 --> 00:55:56,200
Speaker 3: But I'm also incredibly fortunate. My another half is a surgeon,

1115
00:55:56,480 --> 00:55:59,759
Speaker 3: and she worked for thirty eight years to become one

1116
00:55:59,760 --> 00:56:02,800
Speaker 3: of the surgeons in the UK because it's as punishing

1117
00:56:02,840 --> 00:56:04,600
Speaker 3: and as hard a cycle, and so we have a

1118
00:56:04,680 --> 00:56:06,480
Speaker 3: mutual aspect for each other and what we've done with

1119
00:56:06,480 --> 00:56:09,480
Speaker 3: our careers. And now I actually think I'm one of

1120
00:56:09,520 --> 00:56:13,000
Speaker 3: the fortunate people in life where when I'm back and

1121
00:56:13,080 --> 00:56:15,040
Speaker 3: we have time, which is the weekend, that that time

1122
00:56:15,120 --> 00:56:17,000
Speaker 3: is ours. In fact, we can't add Tuesday a just

1123
00:56:17,040 --> 00:56:19,880
Speaker 3: for what it's worth that Tuesday no phones. It is

1124
00:56:19,960 --> 00:56:22,160
Speaker 3: just the two of us or our family as well.

1125
00:56:22,440 --> 00:56:24,239
Speaker 3: That's what it's about. It's about the two of us.

1126
00:56:24,680 --> 00:56:28,000
Speaker 3: And because of that, instead of just accepting that we're

1127
00:56:28,000 --> 00:56:30,719
Speaker 3: around each other, we make it incredibly special for the

1128
00:56:30,719 --> 00:56:32,400
Speaker 3: time that we are around of each other because it

1129
00:56:32,400 --> 00:56:35,319
Speaker 3: doesn't there's not a lot of it. So I for

1130
00:56:35,360 --> 00:56:37,400
Speaker 3: what it's worth, I feel as though I have a

1131
00:56:37,480 --> 00:56:39,719
Speaker 3: very happy life. But it is a compromise.

1132
00:56:39,800 --> 00:56:44,000
Speaker 1: It's different that philosopher, isn't that George Washington burn up?

1133
00:56:45,320 --> 00:56:46,440
Speaker 3: Yeah, very possibly.

1134
00:56:46,560 --> 00:56:48,239
Speaker 1: I now need to look it up now I haven't

1135
00:56:48,239 --> 00:56:50,920
Speaker 1: looked at Yes, I've heard that, but it's you know,

1136
00:56:50,960 --> 00:56:54,440
Speaker 1: something to do, someone to love and what was the

1137
00:56:54,800 --> 00:56:58,640
Speaker 1: third one? That's time to look for something, something to

1138
00:56:58,680 --> 00:57:02,440
Speaker 1: hope for? You know? And that it's interesting to hear

1139
00:57:02,480 --> 00:57:05,080
Speaker 1: you say that because I think for all of us,

1140
00:57:05,160 --> 00:57:08,759
Speaker 1: we're trying to figure out how to balance, you know,

1141
00:57:08,880 --> 00:57:13,239
Speaker 1: bringing our family and social life into also work. But

1142
00:57:13,520 --> 00:57:17,160
Speaker 1: you too, even more extreme and intense degree.

1143
00:57:17,760 --> 00:57:22,680
Speaker 2: So wait a second, something to do is f one?

1144
00:57:23,080 --> 00:57:24,520
Speaker 2: Is the family something to love?

1145
00:57:24,840 --> 00:57:27,600
Speaker 1: Or is that something let's hope?

1146
00:57:27,720 --> 00:57:30,040
Speaker 2: No, what's the third one?

1147
00:57:30,080 --> 00:57:33,400
Speaker 3: What's so for me that the ci to look forwarto,

1148
00:57:33,440 --> 00:57:35,320
Speaker 3: I'm afraid is to work. But that's because I'm so

1149
00:57:36,000 --> 00:57:38,320
Speaker 3: that would work for me. That is winning a world

1150
00:57:38,360 --> 00:57:41,560
Speaker 3: championship in Williams as a part of Williams.

1151
00:57:41,760 --> 00:57:44,120
Speaker 2: So for us it's like work, family and then what

1152
00:57:44,200 --> 00:57:49,120
Speaker 2: you do because we look forward to watch, dude, do

1153
00:57:49,240 --> 00:57:55,000
Speaker 2: you have so it sounds like from talking to you

1154
00:57:55,000 --> 00:57:58,840
Speaker 2: that you have zero time otherwise. But I always wonder

1155
00:57:59,000 --> 00:58:02,440
Speaker 2: about you, know, you and the team principles or the

1156
00:58:02,520 --> 00:58:05,320
Speaker 2: drivers and mechanics, Like do you have a special car

1157
00:58:05,360 --> 00:58:06,560
Speaker 2: that you work on at home? Do you have a

1158
00:58:06,600 --> 00:58:08,360
Speaker 2: bike that you like to tinker on or that you

1159
00:58:08,480 --> 00:58:10,000
Speaker 2: like to go for a ride to clear your head?

1160
00:58:10,080 --> 00:58:12,760
Speaker 2: Or is there some kind of mechanical like vehicle that's

1161
00:58:12,800 --> 00:58:17,640
Speaker 2: not work that you kind of need in your life.

1162
00:58:17,840 --> 00:58:20,000
Speaker 3: Yes and no. So what I mean by that is

1163
00:58:21,200 --> 00:58:23,880
Speaker 3: I find peace by either going for a run or

1164
00:58:24,360 --> 00:58:26,760
Speaker 3: cycling to work. Cycling to work's about thirty three kilometers

1165
00:58:26,840 --> 00:58:29,800
Speaker 3: or I think it's about twenty twenty miles or twenty

1166
00:58:29,840 --> 00:58:34,480
Speaker 3: miles maybe. Yeah, they're IM back at so forty. I

1167
00:58:34,640 --> 00:58:37,040
Speaker 3: enjoy that. I love that. It's just because it's two

1168
00:58:37,080 --> 00:58:39,600
Speaker 3: things at once. It's not optimization. I get to do exercise,

1169
00:58:39,640 --> 00:58:42,520
Speaker 3: but I'm also doing something that no one can disturb me.

1170
00:58:42,640 --> 00:58:44,520
Speaker 3: My phone's off. I can just clear my head and

1171
00:58:44,600 --> 00:58:48,320
Speaker 3: enjoy life somewhat that counts.

1172
00:58:48,360 --> 00:58:51,439
Speaker 2: Your thing is the bicycle, then, yeah, well you love

1173
00:58:51,440 --> 00:58:52,080
Speaker 2: your bicycle.

1174
00:58:53,040 --> 00:58:55,320
Speaker 3: I have an a ray. I'm very fortunate. I have

1175
00:58:55,360 --> 00:58:57,400
Speaker 3: a ray of things, but I don't tinker with them.

1176
00:58:57,400 --> 00:58:59,880
Speaker 3: They're all fairly modern vehicles, so you can kind of

1177
00:59:00,600 --> 00:59:03,080
Speaker 3: these days. Unfortunately you can't think of them. I used

1178
00:59:03,120 --> 00:59:04,400
Speaker 3: to when I was really young. This will give you

1179
00:59:04,400 --> 00:59:05,840
Speaker 3: an idea into me as well. I haven't said this

1180
00:59:05,920 --> 00:59:08,919
Speaker 3: publicly at all. Me and a very good friend of mine,

1181
00:59:09,240 --> 00:59:13,240
Speaker 3: we live together in Lundon. We had motorbikes. There were

1182
00:59:13,240 --> 00:59:17,520
Speaker 3: tiny motorbikes though, but we would drive to a location

1183
00:59:17,560 --> 00:59:20,080
Speaker 3: which is one of our carriages, do an engine, strip

1184
00:59:20,120 --> 00:59:22,720
Speaker 3: and rebuild in about forty five minutes, and then fire

1185
00:59:22,840 --> 00:59:25,080
Speaker 3: up and go back home again. So I have done

1186
00:59:25,120 --> 00:59:27,880
Speaker 3: that in my life and I loved it. We did

1187
00:59:27,880 --> 00:59:29,240
Speaker 3: screw it up once, We had to do it twice.

1188
00:59:29,280 --> 00:59:31,560
Speaker 3: We did screw it up once. But the important point

1189
00:59:31,600 --> 00:59:34,520
Speaker 3: behind that is you were absolutely spot on. Things like that.

1190
00:59:34,720 --> 00:59:39,000
Speaker 3: Really I get connected to But actually I don't have

1191
00:59:39,640 --> 00:59:42,600
Speaker 3: that in my life anymore. I have Instead, I will

1192
00:59:42,600 --> 00:59:44,800
Speaker 3: go out for a ride on my motorbike or a car,

1193
00:59:45,000 --> 00:59:47,840
Speaker 3: or go for a bicycle ride. Effectively, I will do

1194
00:59:47,880 --> 00:59:50,520
Speaker 3: something that is just rewarding to me in a different way.

1195
00:59:50,640 --> 00:59:51,880
Speaker 2: What bike, what motorbike?

1196
00:59:53,680 --> 00:59:56,640
Speaker 3: It's a Chikati Panagali, but it's the nine to one

1197
00:59:56,720 --> 00:59:59,640
Speaker 3: six special edition, so it's a lovely bit of kid

1198
01:00:00,440 --> 01:00:05,120
Speaker 3: like it. So yeah, so nothing.

1199
01:00:04,880 --> 01:00:09,400
Speaker 1: Slow talking about something to hope for. I have to ask,

1200
01:00:09,800 --> 01:00:13,080
Speaker 1: you know, when you think about the glory days of

1201
01:00:13,120 --> 01:00:16,200
Speaker 1: Williams in the nineties, and you know there were some

1202
01:00:16,360 --> 01:00:22,880
Speaker 1: championships in there, what do you see as different now

1203
01:00:23,640 --> 01:00:27,480
Speaker 1: versus then, both in terms of internal to the team

1204
01:00:27,960 --> 01:00:30,800
Speaker 1: and the car and the drivers and whatever else is

1205
01:00:30,840 --> 01:00:34,640
Speaker 1: going on on the grid and what really just on

1206
01:00:34,680 --> 01:00:43,440
Speaker 1: a top level, what needs to change to recapture that glory.

1207
01:00:43,600 --> 01:00:47,880
Speaker 3: The cars were so the team sizes were small back then,

1208
01:00:47,960 --> 01:00:49,920
Speaker 3: as I said when I joined in two thousand as

1209
01:00:49,920 --> 01:00:51,800
Speaker 3: about one hundred and fifty five people not sure what

1210
01:00:51,840 --> 01:00:53,800
Speaker 3: Williams would have been maybe three hundred or something in

1211
01:00:53,840 --> 01:00:58,919
Speaker 3: that ballpark were now over one thousand, So what really

1212
01:00:59,000 --> 01:01:03,200
Speaker 3: changes this? Cars weren't reliable, They'd finish one and two

1213
01:01:03,280 --> 01:01:05,640
Speaker 3: races something in their pall park. They were very simple

1214
01:01:05,680 --> 01:01:09,640
Speaker 3: by comparison, lovely bits of engineering, but incredibly simple in

1215
01:01:09,680 --> 01:01:11,760
Speaker 3: terms of how they are, so a damper would do

1216
01:01:11,840 --> 01:01:14,320
Speaker 3: what you were traditionally expected damper to do, whereas now

1217
01:01:14,360 --> 01:01:17,080
Speaker 3: we're using those technologies to control ride heights within a

1218
01:01:17,120 --> 01:01:20,840
Speaker 3: millimeter fundamentally, and it's twenty thousand components on the car

1219
01:01:20,880 --> 01:01:25,800
Speaker 3: today relative to a few hundred back then. Just data

1220
01:01:25,880 --> 01:01:28,280
Speaker 3: is different as well. Back in the early two thousands,

1221
01:01:28,320 --> 01:01:30,680
Speaker 3: I think we logged about twenty channels of data and

1222
01:01:30,680 --> 01:01:34,320
Speaker 3: now we're logging fifty thousand to seventy thousand channels of data.

1223
01:01:34,360 --> 01:01:36,840
Speaker 3: Just a completely different world because that's the level of

1224
01:01:36,840 --> 01:01:39,480
Speaker 3: detail that we're having to go down into to extract

1225
01:01:39,480 --> 01:01:41,720
Speaker 3: the last few milli seconds sell of it. So it's

1226
01:01:41,760 --> 01:01:44,840
Speaker 3: like anything I think in the world. Everything's become a

1227
01:01:44,920 --> 01:01:48,800
Speaker 3: level of detail, more deep and more embedded, and that's

1228
01:01:48,800 --> 01:01:50,480
Speaker 3: the level we have to all be in now in

1229
01:01:50,560 --> 01:01:54,680
Speaker 3: order to maximize the opportunity. The cars were a lot

1230
01:01:54,680 --> 01:01:56,680
Speaker 3: more carbon than they were, not that we've moved to

1231
01:01:56,680 --> 01:01:59,640
Speaker 3: carbon chassis, but it was really the bias between carbon

1232
01:01:59,800 --> 01:02:02,800
Speaker 3: and metal has changed a lot more towards carbon. And

1233
01:02:02,800 --> 01:02:04,920
Speaker 3: the reason why I bring that up is because metal,

1234
01:02:04,960 --> 01:02:07,680
Speaker 3: actually we use large C and C machines. You can

1235
01:02:07,720 --> 01:02:11,160
Speaker 3: automate a lot of it. Carbon you can't. It's consider

1236
01:02:11,200 --> 01:02:14,600
Speaker 3: it an art relative to anything else. It's still using

1237
01:02:15,400 --> 01:02:18,280
Speaker 3: human being with a rollerbrush, pushing carbon fiber into a

1238
01:02:18,320 --> 01:02:21,760
Speaker 3: mold and curing it. Except the difference now is we're

1239
01:02:21,800 --> 01:02:23,600
Speaker 3: trying to get parts out that within the ground of

1240
01:02:23,640 --> 01:02:26,520
Speaker 3: each other rather than one hundred or two hundred crams.

1241
01:02:27,040 --> 01:02:29,760
Speaker 3: Everything's just a lot more complex in what we're achieving

1242
01:02:29,760 --> 01:02:31,560
Speaker 3: with a lot level a higher level of detail.

1243
01:02:32,000 --> 01:02:34,240
Speaker 1: And I guess what I really meant by that is

1244
01:02:34,640 --> 01:02:39,720
Speaker 1: what will it take for Williams specifically to return to

1245
01:02:40,360 --> 01:02:41,919
Speaker 1: the the championship.

1246
01:02:43,200 --> 01:02:45,920
Speaker 3: The first thing we needed is when we need the

1247
01:02:46,000 --> 01:02:48,960
Speaker 3: right people around us. What I mean by that is

1248
01:02:48,960 --> 01:02:50,920
Speaker 3: we weren't quite the right size and we were losing

1249
01:02:51,120 --> 01:02:53,720
Speaker 3: really good people every year. Probably quarter of our workforce,

1250
01:02:54,080 --> 01:02:56,520
Speaker 3: if you put that to my mind, was being taken

1251
01:02:56,560 --> 01:02:58,800
Speaker 3: every year. And that means that any knowledge, any ip

1252
01:02:59,040 --> 01:03:02,120
Speaker 3: just disappeared out of the door straightaway. So we need

1253
01:03:02,120 --> 01:03:04,720
Speaker 3: a sustainability in the right people joining us to understand

1254
01:03:04,760 --> 01:03:07,320
Speaker 3: what excellence looks like, and we're fortunate to have that.

1255
01:03:07,360 --> 01:03:07,520
Speaker 1: Now.

1256
01:03:07,560 --> 01:03:09,120
Speaker 3: That's a big change. I mean, we grew the team

1257
01:03:09,120 --> 01:03:11,240
Speaker 3: from seven hundred to over one thousand in space of

1258
01:03:11,320 --> 01:03:14,400
Speaker 3: two years, and we're still growing. The next element of

1259
01:03:14,440 --> 01:03:16,840
Speaker 3: things is this elements of our infrastructure that we're out

1260
01:03:16,840 --> 01:03:20,360
Speaker 3: of date. One of those we spoke about openly is

1261
01:03:20,400 --> 01:03:22,760
Speaker 3: The simulator, as lovely as it was, was about fifteen

1262
01:03:22,840 --> 01:03:25,440
Speaker 3: years out of date, and that goes for a lot

1263
01:03:25,480 --> 01:03:28,120
Speaker 3: of the infrastructure. You'll find a magic number which is

1264
01:03:28,120 --> 01:03:31,280
Speaker 3: about fifteen to twenty years out of date in certain systems,

1265
01:03:31,280 --> 01:03:34,160
Speaker 3: and that was simply because that's where the investment slowed

1266
01:03:34,200 --> 01:03:36,880
Speaker 3: down on behalf of Williams for good reason. They were

1267
01:03:36,920 --> 01:03:40,320
Speaker 3: surviving more than growing. But all of that has to

1268
01:03:40,320 --> 01:03:42,720
Speaker 3: be replaced. There's just no circumventing it. And that's what

1269
01:03:42,760 --> 01:03:45,440
Speaker 3: we're doing in the background now. The building we're in

1270
01:03:45,880 --> 01:03:48,400
Speaker 3: was made for about five hundred people, so we are

1271
01:03:48,480 --> 01:03:51,680
Speaker 3: moving into an entirely new building on site, which will

1272
01:03:51,680 --> 01:03:54,640
Speaker 3: take place sometime across this year, so this year alone,

1273
01:03:54,840 --> 01:03:57,280
Speaker 3: and it will help you understand the changes. We've got

1274
01:03:57,360 --> 01:04:00,560
Speaker 3: to build the right infrastructure around us, like technology systems,

1275
01:04:00,600 --> 01:04:02,200
Speaker 3: and they don't exist off the shelf. We have to

1276
01:04:02,200 --> 01:04:04,560
Speaker 3: build them up a similated We started eighteen months ago

1277
01:04:04,600 --> 01:04:08,200
Speaker 3: and be ready shortly they're building again. That doesn't come

1278
01:04:08,240 --> 01:04:10,480
Speaker 3: up overnight. You need to build into that, and then

1279
01:04:10,480 --> 01:04:13,880
Speaker 3: beyond there there's some process systems and structures that simply

1280
01:04:13,920 --> 01:04:16,760
Speaker 3: weren't there. It was an organic build business that built

1281
01:04:16,800 --> 01:04:20,560
Speaker 3: around the concept. Still of two really strong leaders, which

1282
01:04:20,600 --> 01:04:22,920
Speaker 3: is what we had in Frank and Patrick, but almost

1283
01:04:22,960 --> 01:04:25,360
Speaker 3: every decision went to them, and then it would circumvent down.

1284
01:04:25,480 --> 01:04:27,720
Speaker 3: You can't run a business of a thousand people that way.

1285
01:04:27,760 --> 01:04:30,600
Speaker 3: So we need process, systems and structure that people are empowered,

1286
01:04:30,840 --> 01:04:33,720
Speaker 3: but within a framework that we know works that takes

1287
01:04:33,760 --> 01:04:36,200
Speaker 3: longer than you perhaps people may think, in order to

1288
01:04:36,200 --> 01:04:38,120
Speaker 3: structure and put in place. But what I'm talking about

1289
01:04:38,120 --> 01:04:40,040
Speaker 3: here is no different to any other business in the

1290
01:04:40,040 --> 01:04:42,800
Speaker 3: world that's running smoothly. It doesn't matter whether you're producing

1291
01:04:42,840 --> 01:04:45,520
Speaker 3: items or running a Formula one team. You need empowered

1292
01:04:45,520 --> 01:04:48,560
Speaker 3: individuals that are of the right level and quality, that

1293
01:04:48,680 --> 01:04:51,120
Speaker 3: understands what good looks like, who then understand how to

1294
01:04:51,240 --> 01:04:53,360
Speaker 3: invest in infrastructure around it, which is what we're doing

1295
01:04:53,400 --> 01:04:57,280
Speaker 3: at the moment. So that's our pathway. What we spread

1296
01:04:57,280 --> 01:05:00,560
Speaker 3: about openly is we're still in a transit period. In

1297
01:05:00,600 --> 01:05:03,040
Speaker 3: twenty five twenty six will be a step, but it'll

1298
01:05:03,080 --> 01:05:05,520
Speaker 3: still be several years beyond twenty six and twenty seven

1299
01:05:05,520 --> 01:05:08,280
Speaker 3: and twenty eight before really everything I've just spoken about

1300
01:05:08,400 --> 01:05:10,160
Speaker 3: is fixed, cemented in the place.

1301
01:05:18,560 --> 01:05:19,600
Speaker 1: What are you doing this weekend?

1302
01:05:20,600 --> 01:05:24,000
Speaker 2: I'm going to Austin tomorrow Oh, that's fun for the

1303
01:05:24,040 --> 01:05:30,400
Speaker 2: Moto GP. Very excited because number one, I'm going with

1304
01:05:30,440 --> 01:05:31,760
Speaker 2: my man Michael Haas.

1305
01:05:32,360 --> 01:05:33,080
Speaker 1: Oh, that's great.

1306
01:05:33,200 --> 01:05:35,600
Speaker 2: And my wife and his wife.

1307
01:05:35,920 --> 01:05:38,680
Speaker 1: Are six the wives.

1308
01:05:38,880 --> 01:05:41,960
Speaker 2: No, they have only met one time in San Diego

1309
01:05:42,080 --> 01:05:45,160
Speaker 2: at a Ducati ride like years ago. But in any case,

1310
01:05:45,200 --> 01:05:47,360
Speaker 2: it's like a double date. It's like a big double date.

1311
01:05:48,600 --> 01:05:52,480
Speaker 2: And the other cool thing is I used for the

1312
01:05:52,520 --> 01:05:57,080
Speaker 2: first time riders share, which is like Touro but for motorcycles.

1313
01:05:57,120 --> 01:05:59,320
Speaker 1: Wow, So how did.

1314
01:05:59,240 --> 01:05:59,880
Speaker 2: You get this?

1315
01:06:00,080 --> 01:06:00,320
Speaker 3: Guy?

1316
01:06:00,800 --> 01:06:04,880
Speaker 2: Ravi in Austin has a the same bike that I

1317
01:06:04,960 --> 01:06:09,320
Speaker 2: want to buy Harley Davidson Fat Bob, and so I'm

1318
01:06:09,360 --> 01:06:12,760
Speaker 2: gonna ride that around while I'm there, which is very

1319
01:06:12,760 --> 01:06:16,160
Speaker 2: cool because my wife, who thinks we don't need another motorcycle,

1320
01:06:16,280 --> 01:06:19,600
Speaker 2: I can convince her she might love it. And also

1321
01:06:19,800 --> 01:06:26,320
Speaker 2: has arranged dinner with two former podcast guests, Jason Chinook,

1322
01:06:26,360 --> 01:06:30,160
Speaker 2: who is the CEO of Ducatti North America and Claudio Domenicali,

1323
01:06:30,240 --> 01:06:32,080
Speaker 2: who is the CEO of Ducatti Global.

1324
01:06:32,200 --> 01:06:36,440
Speaker 1: Amazing, amazing, Well give them my regards. That'll be really great.

1325
01:06:36,480 --> 01:06:37,520
Speaker 1: Where are you going to have dinner?

1326
01:06:37,760 --> 01:06:42,200
Speaker 2: I don't know, but since obviously you know when Claudio DOMENICALI.

1327
01:06:43,000 --> 01:06:46,320
Speaker 2: When his staff arranges a dinner for him, it's always

1328
01:06:46,360 --> 01:06:48,000
Speaker 2: at an amazing place. Yeah.

1329
01:06:48,080 --> 01:06:50,919
Speaker 1: Yeah, Now are the wives also coming to the dinner?

1330
01:06:51,120 --> 01:06:53,240
Speaker 2: Yes? Okay, in fact, all.

1331
01:06:53,200 --> 01:06:56,000
Speaker 1: Right, so that'll be that'll be really enjoyable, like more

1332
01:06:56,000 --> 01:06:58,840
Speaker 1: of a social setting. Yes, that'll be really nice.

1333
01:06:59,120 --> 01:07:03,960
Speaker 2: And yeah, I'm super excited obviously. You know, Austin is

1334
01:07:04,000 --> 01:07:06,320
Speaker 2: so cool. I mean, do you think that or do

1335
01:07:06,400 --> 01:07:07,040
Speaker 2: I just think that?

1336
01:07:07,640 --> 01:07:12,240
Speaker 1: I do think. Uh, I wouldn't use the word cool,

1337
01:07:14,080 --> 01:07:14,600
Speaker 1: and I know.

1338
01:07:14,760 --> 01:07:16,680
Speaker 2: I well, we have different ideas of cool.

1339
01:07:16,760 --> 01:07:19,919
Speaker 1: That's why cool to describe. And this is somebody who

1340
01:07:20,000 --> 01:07:26,120
Speaker 1: went to college in Texas, lived in Dallas after college,

1341
01:07:26,240 --> 01:07:30,720
Speaker 1: and much of my family lives in Dallas. My dad

1342
01:07:30,760 --> 01:07:33,280
Speaker 1: went to a Texas school, My aunts and uncles went

1343
01:07:33,360 --> 01:07:37,520
Speaker 1: to Texas schools. Got quite a lot of Texas schooling

1344
01:07:37,720 --> 01:07:38,560
Speaker 1: in our family.

1345
01:07:39,360 --> 01:07:41,800
Speaker 2: Wait, do you prefer the Big d to Austin?

1346
01:07:42,480 --> 01:07:43,400
Speaker 1: Oh? Yeah, I did.

1347
01:07:43,520 --> 01:07:44,240
Speaker 2: I love Dallas.

1348
01:07:44,240 --> 01:07:46,440
Speaker 1: Also, I love Dallas. If I was going to live

1349
01:07:46,480 --> 01:07:48,840
Speaker 1: in Texas, I would live in Dallas. I did live

1350
01:07:48,880 --> 01:07:54,240
Speaker 1: in Dallas for about a year and a half after college,

1351
01:07:54,520 --> 01:07:59,720
Speaker 1: and a lot of my favorite people are from Texas.

1352
01:08:00,160 --> 01:08:04,960
Speaker 1: There's a certain type of old school Texan, and I'm

1353
01:08:05,000 --> 01:08:09,680
Speaker 1: talking about the Matthew McConaughey type, the old wildcatter type.

1354
01:08:10,000 --> 01:08:13,280
Speaker 1: I love that kind of Texan that is just a

1355
01:08:14,080 --> 01:08:16,719
Speaker 1: you know, if you've done it, it ain't bragging type

1356
01:08:16,720 --> 01:08:22,160
Speaker 1: of guy. And that type of eccentric person is so great.

1357
01:08:22,400 --> 01:08:24,120
Speaker 1: Do you ever watch Landman?

1358
01:08:24,760 --> 01:08:28,519
Speaker 2: I have watched land Man, And if it weren't for

1359
01:08:28,600 --> 01:08:31,839
Speaker 2: the kind of ridiculousness of the falsehoods that they're peddling,

1360
01:08:31,920 --> 01:08:34,680
Speaker 2: I think I would like it better. Yeah, because I

1361
01:08:34,680 --> 01:08:37,799
Speaker 2: love Billy, Bob Thornton, me too, And I love people

1362
01:08:37,800 --> 01:08:42,599
Speaker 2: from Texas like I have been to Dallas many many times.

1363
01:08:43,160 --> 01:08:46,240
Speaker 1: Yes, I'm a big fan. I love fort Worth.

1364
01:08:46,120 --> 01:08:49,679
Speaker 2: Because I love everybody I meet there, and it's a it's.

1365
01:08:49,560 --> 01:08:52,640
Speaker 1: A very particular I mean Texas. There is still a

1366
01:08:52,680 --> 01:08:56,200
Speaker 1: strong movement in Texas to become its own republic.

1367
01:08:56,040 --> 01:08:59,360
Speaker 2: Which is which I totally get and I really understand that,

1368
01:08:59,479 --> 01:09:03,160
Speaker 2: and I don't be grudge them that. No. No, I

1369
01:09:03,240 --> 01:09:08,519
Speaker 2: love John Hennessy. Is he actually a Texan? Yes?

1370
01:09:08,920 --> 01:09:11,040
Speaker 1: He I saw him at Miami by the way with

1371
01:09:11,160 --> 01:09:16,000
Speaker 1: his lovely wife. Yeah. Yeah, he is a born and

1372
01:09:16,040 --> 01:09:16,759
Speaker 1: bred Texan.

1373
01:09:17,880 --> 01:09:20,559
Speaker 2: And but so I would rather live in Dallas also,

1374
01:09:20,680 --> 01:09:25,799
Speaker 2: But I do think Austin is cool because the roads

1375
01:09:25,840 --> 01:09:29,080
Speaker 2: around Austin are amazing to drive on, like that's Texas

1376
01:09:29,160 --> 01:09:33,120
Speaker 2: hill country and the you know, especially for riders, Like

1377
01:09:33,200 --> 01:09:38,960
Speaker 2: it's so great. Plus I like, uh sort of college

1378
01:09:38,960 --> 01:09:43,759
Speaker 2: town bar strips, you know, even though I don't drink anymore.

1379
01:09:43,880 --> 01:09:46,080
Speaker 1: Wow, I hate I hate hate college town.

1380
01:09:46,680 --> 01:09:48,599
Speaker 2: I love it. I love it, you know, even.

1381
01:09:48,400 --> 01:09:51,920
Speaker 1: When I was in college. This is you know.

1382
01:09:52,040 --> 01:09:55,599
Speaker 2: If I find a place that, like on the Ohio

1383
01:09:55,600 --> 01:09:58,640
Speaker 2: State campus, like this place, not als had quarter beers.

1384
01:09:58,920 --> 01:10:01,640
Speaker 2: You know, it's the day obviously, but I for some

1385
01:10:01,680 --> 01:10:04,240
Speaker 2: reason enjoy it. What about you? Wait, what are you

1386
01:10:04,240 --> 01:10:04,880
Speaker 2: doing this weekend?

1387
01:10:05,640 --> 01:10:12,040
Speaker 1: Magnus is announcing a partnership with Peninferina, so I will

1388
01:10:12,080 --> 01:10:16,120
Speaker 1: be playing plus one on that. There are a bunch

1389
01:10:16,160 --> 01:10:20,280
Speaker 1: of people coming down to the warehouse on Saturday, and

1390
01:10:21,000 --> 01:10:24,000
Speaker 1: that's kind of it. I don't have any huge plans.

1391
01:10:24,560 --> 01:10:30,160
Speaker 1: I have actually a Lamborghini Urus being dropped tomorrow, probably

1392
01:10:30,160 --> 01:10:31,439
Speaker 1: the same one that you had.

1393
01:10:31,760 --> 01:10:32,000
Speaker 2: Nice.

1394
01:10:32,040 --> 01:10:35,599
Speaker 1: I'll be driving that, which I'm looking forward to, and

1395
01:10:35,640 --> 01:10:39,080
Speaker 1: I'll be crying over my lost camarg that I didn't

1396
01:10:39,120 --> 01:10:41,760
Speaker 1: get for a pretty good price. But I really don't

1397
01:10:41,960 --> 01:10:45,360
Speaker 1: have any business buying anything. It's just it's tough when

1398
01:10:45,400 --> 01:10:46,840
Speaker 1: you know something's a pretty good deal.

1399
01:10:47,000 --> 01:10:50,240
Speaker 2: I think it's pretty amazing that Magnus is announcing a

1400
01:10:50,280 --> 01:10:55,400
Speaker 2: partnership with Pininfarina. So this guy who came over from

1401
01:10:55,479 --> 01:10:57,919
Speaker 2: I don't know where he's from, Birmingham or whatever, right, Sheffield,

1402
01:10:58,040 --> 01:10:59,000
Speaker 2: Sheffield exactly.

1403
01:10:59,040 --> 01:11:03,280
Speaker 1: I knew that Philadelphia of the UK in Pittsburgh.

1404
01:11:02,920 --> 01:11:06,599
Speaker 2: At like what nineteen, he goes to LA eighteen years old,

1405
01:11:08,360 --> 01:11:13,840
Speaker 2: like no formal education, bootstraps himself through everything, self taught,

1406
01:11:14,040 --> 01:11:19,240
Speaker 2: kind of outlaw designer, hooks up a partnership with the

1407
01:11:19,280 --> 01:11:26,200
Speaker 2: most lauded and respected, you know, educated designer in the world,

1408
01:11:26,280 --> 01:11:28,720
Speaker 2: Like everybody who works at Pininfarina probably went to the

1409
01:11:28,720 --> 01:11:32,639
Speaker 2: oldest university in the world at Bologna and studied these things.

1410
01:11:32,680 --> 01:11:38,360
Speaker 2: You know. It's just such a cool like destination for

1411
01:11:38,400 --> 01:11:42,200
Speaker 2: Magnus and also like for Pininfarina, they get a little

1412
01:11:42,200 --> 01:11:45,559
Speaker 2: bit more edge, which they need, Like what a cool

1413
01:11:46,120 --> 01:11:47,360
Speaker 2: You couldn't have written.

1414
01:11:47,040 --> 01:11:49,599
Speaker 1: That, No, you couldn't. And he's so casual about it.

1415
01:11:49,640 --> 01:11:52,080
Speaker 1: I mean, he's just like he's very casual about it.

1416
01:11:52,120 --> 01:11:55,320
Speaker 1: I'm of course, very proud of him, so it'll be

1417
01:11:55,360 --> 01:11:58,240
Speaker 1: fun to see. We're we're we actually invited your buddy

1418
01:11:58,240 --> 01:12:01,160
Speaker 1: Michael Hawes, but I think he will be.

1419
01:12:01,120 --> 01:12:02,880
Speaker 2: In He's gonna be in this. Yeah, Austin with me.

1420
01:12:03,200 --> 01:12:04,439
Speaker 2: Yeah yeah.

1421
01:12:04,520 --> 01:12:07,040
Speaker 1: Small world enjoyed, Texas.

1422
01:12:07,400 --> 01:12:10,960
Speaker 2: You have fun with Peen and Farina. I'm Matt Miller

1423
01:12:11,280 --> 01:12:11,360
Speaker 2: and

1424
01:12:11,400 --> 01:12:13,760
Speaker 1: I'm Hannah Elliott and this is Bluebird