Forbes: Company That Runs Formula 1 Racing Paid $8.5 Million For Formula1.com In 2002

According to an Article in Forbes Today, the company that runs Formula 1 Racing, Formula One Management (FOM) is going public on the Singapore Stock Exchange and stuck in the 498 page Prospectus it is reveled that the company Paid $8.5 Million dollars for their domain name Formula1.com back in 2002.

Its another one of those big money sales that we never heard about.

According to the Forbes story the company has $1.6 billion in annual revenue making the $8.5 looks like the literal drop in the bucket.

Here is what one of the readers of thedomains.com Dave left as a comment:

The Forbes article says that Formula 1 paid $8.5 million to buy formula1.com, which was an independent site reporting on Formula 1. Would you happen to have a link to the actual prospectus? I haven’t been able to find it.

Interestingly though, the owner of F1.com apparently sold his domain to the owners of formula1.com for $25,000 plus 0.5% share in their business. But before the whois was changed, Formula 1 filed a UDRP on F1.com:

http://www.wipo.int/amc/en/domains/decisions/html/2000/d2000-0193.html

It’s an good read.

If the Forbes article and UDRP decision are accurate, then the sale price of F1.com is closer to $67,500 by my calculation.

.Club Leads All New gTLD’s Again On Sedo’s List Selling English.Club For $17,500; Total $2.4M

Over the past week, 564 transactions took place on Sedo’s marketplace and via SedoMLS, totaling $2.4 Million

45% of total sales were the result of Buy Now listings.

Highlights of public sales are:

· Top .coms: satoshi.com at 75,000 USD
· Top ccTLD: autoankauf.de at 36,000 EUR
· Top “other” TLD: english.club at 17,500 USD

 

Here are the reportable sales:

SharpMind.com which sold for $25K

Domain name Price Currency
.COMs
satoshi.com 75,000 USD
cin.com 55,000 USD
sharpmind.com 25,000 USD
americanpervert.com 12,000 USD
nissa.com 12,000 USD
tripbid.com 11,900 USD
uhw.com 10,000 USD
svj.com 10,000 USD
maxmoney.com 9,900 USD
txf.com 9,400 USD
eickhoff.com 8,500 USD
rxi.com 7,600 USD
guardianangels.com 7,000 USD
mailcube.com 6,500 EUR
chocolateparty.com 5,200 USD
consector.com 5,000 EUR
thaiexperience.com 5,000 USD
marketonline.com 5,000 USD
relox.com 4,500 EUR
doporn.com 4,000 EUR
optimizr.com 3,800 USD
portcoquitlamhomes.com 3,788 USD
twinzz.com 3,700 EUR
inspirely.com 3,650 USD
pinvite.com 3,500 USD
sunzero.com 3,500 USD
snoos.com 3,333 EUR
kins.com 3,092 EUR
bildupload.com 3,000 EUR
vank.com 3,000 USD
umarkets.com 2,900 USD
glancemedia.com 2,888 USD
incrys.com 2,850 EUR
boughtin.com 2,595 USD
dentiva.com 2,580 USD
hififilter.com 2,500 USD
foxoption.com 2,500 USD
dnshow.com 2,499 USD
timum.com 2,000 USD
danaloesch.com 2,000 USD
tnsinc.com 2,000 USD
businessontap.com 1,995 USD
peakphysique.com 1,899 USD
madameclaude.com 1,888 EUR
ezclouds.com 1,800 EUR
tourglass.com 1,795 USD
bridgewayhealthsolutions.com 1,729 USD
istanbulstyle.com 1,700 USD
gamespartner.com 1,695 USD
dacad.com 1,600 USD
ware2go.com 1,585 USD
mrgames.com 1,550 EUR
pueen.com 1,500 USD
isa-design.com 1,500 EUR
zohen.com 1,500 USD
newbondstreet.com 1,500 EUR
talengo.com 1,500 EUR
cbra.com 1,500 USD
artpromote.com 1,500 USD
worldrescue.com 1,500 USD
cgmed.com 1,495 USD
lendhub.com 1,400 USD
lenderbid.com 1,400 USD
livenola.com 1,395 USD
davmusic.com 1,395 USD
swholdings.com 1,395 USD
dirtyminds.com 1,350 USD
redliners.com 1,300 USD
dollarventures.com 1,285 USD
sanjan.com 1,200 USD
thomasw.com 1,200 USD
12vled.com 1,150 EUR
sexpack.com 1,112 USD
eureimport.com 1,095 USD
turismoverde.com 1,077 USD
retroburger.com 1,000 USD
idreamit.com 1,000 USD
elektronikversicherung.com 1,000 EUR
wasserbettshop.com 1,000 EUR
zooguide.com 1,000 GBP
whosesideareyouon.com 1,000 USD
mrpervert.com 1,000 USD
soply.com 1,000 USD
golden-number.com 1,000 USD
modique.com 1,000 USD
sun777.com 1,000 USD
wowbuilder.com 999 USD
investorpark.com 995 USD
consumerintent.com 995 USD
zen42.com 987 USD
kegged.com 950 USD
3steploan.com 925 USD
financinglitigation.com 900 USD
hygiea.com 890 EUR
koralewski.com 850 EUR
goalmania.com 820 USD
bonafid.com 817 USD
sarawaktravel.com 800 USD
airsoftsupplies.com 799 USD
drgrove.com 795 USD
clickmaster.com 788 USD
2t7.com 760 EUR
talkcom.com 750 EUR
kupp.com 750 EUR
imattresses.com 750 USD
nutrido.com 700 USD
caravanworld.com 700 EUR
hotelhavana.com 700 USD
firry.com 700 USD
ccTLD
autoankauf.de 36,000 EUR
circus.ch 12,960 EUR
reimport.de 10,500 EUR
kongresshalle.de 6,700 EUR
businesscloud.com.au 5,000 USD
dng.de 4,600 EUR
steuerfrage.de 4,250 EUR
printerpix.ru 3,500 USD
sexshop.se 3,400 EUR
yh.nu 3,100 EUR
rpt.co.uk 3,000 GBP
nastygal.kr 3,000 USD
nastygal.co.kr 3,000 USD
heris.to 3,000 EUR
finka.fi 2,999 EUR
experience.jp 2,999 USD
meinsenf.de 2,800 EUR
telepoint.fr 2,500 EUR
centralecanine.fr 2,200 EUR
fhl.co.uk 2,000 GBP
luc.co 2,000 USD
boon.co.uk 2,000 GBP
canape-lit.fr 1,500 EUR
bestcarbuy.co.uk 1,500 EUR
transport-versicherung.de 1,400 EUR
millemiglia.cn 1,250 USD
fornecedores.pt 1,250 EUR
fournisseurs.fr 1,250 EUR
tonic.co 1,001 USD
290.cc 1,000 USD
gokkenopinternet.nl 1,000 EUR
roadcycling.de 1,000 EUR
towels.in 1,000 USD
cwf.de 998 EUR
s-m-g.de 990 EUR
madagascar.us 899 USD
freilager.ch 850 EUR
calorifuge.fr 800 EUR
strumpfband.de 800 EUR
stylight.pt 750 EUR
grüner-tee.de 750 EUR
c0.co.uk 750 GBP
businessangelcoach.de 749 EUR
asos.me 720 GBP
OTHER
english.club 17,500 USD
unblock.net 3,100 USD
lff.org 2,500 EUR
france.pro 1,650 USD
aloha.club 1,500 USD
neptune.club 1,500 USD
che.club 1,500 USD
foxy.club 1,500 USD
scout.ventures 1,000 USD
boxe.org 999 EUR
carro.net 970 USD
gartenfackeln.net 950 EUR
camping.webcam 900 USD
reckon.org 900 USD

TMZ.com: Lil Wayne Spent $600,000 To Buy The Domain YoungMoney.com & Is In Default

Screen Shot 2014-07-07 at 8.03.44 AM

 

 

According to TMZ.com, hip hop artist Lil Wayne purchased the domain name YoungMoney.com which matches the name of his record label which has signed artists like Drake and Nicki Minaj for $600,000 in 2011.

In a lawsuit filed by the company that sold the domain name, Wayne’s company hasn’t paid the $250K balance it owes.

The seller is suing to get its domain name back.

If Wayne loses YoungMoney.com they can buy the domain name BigMoney.com for only $750,000 from us.

Company that bought Mi.com for $3.6m sells 50,000 Tablets in 4 minutes

xiaomiimage

Xiaomi paid $3.6 million for the domain name Mi.com back in April, and today they sold 50,000 MiPad tablets in four minutes.

The company said on their website:

Good news! Mi Pad goes on sale for the first time today, and 50, 000 sets of Mi Pad sold out in 3 minutes 59 seconds!

Features of Mi Pad:

  • 7.9”IPS display
  • 2048×1536 326 PPI
  • NVIDIA Tegra K1
  • 2GB RAM, 16/64GB Flash, extensible to 128GB via microSD card
  • 8MP rear / 5MP front camera (Camera Samples)
  • 802.11ac 2×2 Wi-Fi6700 mAh battery

NeoWin wrote:

Chinese electronics company Xiaomi is claiming that they have sold 50,000 of their latest tablet, the MiPad, in less than four minutes. It comes as no surprise considering this tablet is packed with an immense amount of power and priced to compete. The device is Xiaomi’s answer to Apple’s iPad Mini Retina.

Here is a look at the tablet:

“Creator Of Bitcoin Protocol” Domain Name Satoshi.com Sells On Sedo.com For $75,000

According to wikipedia.org, Satoshi Nakamoto is a person or group of people who created the Bitcoin protocol and reference software, Bitcoin Core. In 2008, Nakamoto published a paper on The Cryptography Mailing list at metzdowd.com describing the Bitcoin digital currency. In 2009, he released the first Bitcoin software that launched the network and the first units of the Bitcoin currency, called bitcoins.”

Today the domain name Satoshi.com just crossed the Sedo domain sales wire selling for $75,000.

The buyer appears to be a David Rowe of London who owns around 470 other domains according to DomainTools.com

The domain name is not yet resolving.

The domain name was owned by someone in Korea.