The Meaningful Collateral

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No wonder Airbus planes need bigger baggage compartments

February 12th, 2008 by Thermocaster · No Comments

f1For those of you flying through Switzerland in the next few weeks with about $2 million to spare, we’ve got a hell of a deal for you. According to this story, a collection of F1 cars will be auctioned off at the Zurich airport.

As the story states:

“This is the first time Formula One racing cars will be up for sale at Zurich Airport,” said Patrick Graf, head of marketing retail for the company that holds the government concession to operate the airport, in a statement.

Gee, really? You mean there’s not a long history of F1 cars getting auctioned off at airports? Shocking.

What I love the most about this story is how they play up the “duty free” angle. Like, “Oh, I wouldn’t normally have bought that car, but hey, it’s duty free!”

Would someone apt to purchase an F1 car really have their decision affected by the taxation? I honestly do not know.

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