Chapter 227 - Chapter 227: Chapter 227: Inside the Competition (2/2)
“Mr. Chen, I wonder what insights you have on the business of racing?” Huang Daolun asked casually, passing over a cup of coffee.
“If I’m not mistaken, the greatest source of income from a race is the advertising within the venue.”
Since entering, Chen Yu had noticed no less than a hundred billboards, along with a large number of mobile screens moving within the race track.
Almost every team would dispatch two cars specifically as advertising vehicles to carry advertisements.
Some were even from world-class industries.
Huang Daolun nodded his head, then took out a racing number from his clothing.
“Racing is not only a business but also a game in our circles! The source of advertising revenue is only about forty percent, with the most profit coming from betting.”
Chen Yu could not help frowning as a succession of system prompts sounded in his mind, accompanied by a barrage of information flooding in.
During each race, several outstanding racers would be chosen and their racing numbers announced to the public.
Then, betting organizations would be set up outside, using the power of advertising to promote them and let the public guess who would ultimately win the championship.
This form would be distributed through various welfare organizations and lotteries, where ordinary people could participate for just two dollars.
But all the races and participants were prearranged, and they would decide the eventual winner based on the number of lottery tickets issued by the welfare organizations.
Chen Yu was suddenly filled with aversion, although this method was not against the rules and was perfectly legal, it violated ethics to a certain extent.
“I see!” Chen Yu replied nonchalantly, then the conversation dropped there.
At that moment, several racers’ numbers were brought over.
The bigwigs, following their usual practice, immediately distributed these numbers and began to manipulate the race.
Unexpectedly, the racers who had been chosen for their numbers all suffered accidents, and Lin Zhifei couldn’t race today either.
Suddenly, there was an uproar among the crowd. If the race could not go on, all their prior arrangements would have been in vain.
“Compared to doing business, I still prefer being a racer!”
Chen Yu suddenly stood up, walked off the stage on his own accord.
The onlookers’ eyes widened in shock. Chen Yu’s status was no ordinary matter, not to mention being Tong Ming’s son-in-law; just the fact that he was a life-saving benefactor to Huang Luncai and Li Kaiquan was enough to make them flustered.
“Quick, get ready immediately, we must not let Mr. Chen encounter any accidents, give the advertisers a heads-up, just say the Tong Family’s son-in-law is personally taking to the track!”
They were in a frenzy, immediately starting to arrange the site.
Chen Yu put on his gear, sat in the driver’s seat, started the car, and sped out directly.
In fact, Chen Yu understood why Tong Ming wanted him to manage the racing team, it was to let him see how the big players in the Imperial Capital did business.
But he indeed couldn’t conduct such business.
The income from his current factory wasn’t low, and continued operation even held the potential for expansion.
At this stage, running the factory well was better than anything else.
Participating in a race here today was like managing a racing team once for Tong Ming; from now on, he would never meddle in this kind of business again.
Just as he was racing down the track like lightning, a car suddenly flew past him, crashing straight into the guardrail on the side of the road.
Then the cars behind followed in rapid succession, a dozen or so piling up in an instant, with several even emitting black smoke.
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