Yes he uses BDA shareholder money to race and buy things for racing (like a new car) BUT its NOT BBDA thats owns it...it belongs to DLR so shareholders might be putting in 100% of the money but only getting back 30% as thats all the shareholders own of DLR.... either way Weber gains 70% without doing anything for the shareholders, If everybody gave me $100 and i only had to pay them back $30 I'd buy a new vehicle too
Ive been steering clear of this company lately. People who like racing might think its good advertising but it sounds to narrowly focused due to one persons hobby. It is his company but if I buy stock it would be part mine too and I never watch racing unless I want to put myself to sleep watching cars go around in circles like the Pps so far. Also I would think that people into racing would want to Rev themselves up not unwind. I unwind by wearing myself outfirst and thencollapsing. Who needs Unwind. I think the focus should MORE ON the energy side of business.