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Patrick announced in November
she would end her driving
career with the Daytona 500 and Indy 500, but didn't have a deal completed for either race. Still doesn't. Yet somehow, Patrick always figures a way to get what she wants. Talks ended with Chip Ganassi Racing about a possible ride, and late last month, Patrick said, she called former GoDaddy founder Bob Parsons and asked about a reunion.
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GoDaddy can help Patrick move on to whatever it is for racing's former "It Girl." The company will help her streamline her online presence. Patrick, for the company, is back as a neon green-and-yellow symbol to all the wannabe entrepreneurs chasing dreams.
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"GNC launched an entirely new
business model at the end of
December," he said
. "The goal of the Super Bowl is to give us that one moment when we could reach as many people as possible and let them know about 'new' GNC."
The company will sponsor Patrick in the upcoming "Danica Double" that will close out her racing career, The Associated Press has learned. Patrick has no ride yet for next month's Daytona 500 or the Indianapolis 500 in May, but she now has the financial backing to pull it off.
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Peer Rackspace has a multiple to EBITDA of around 3.9 times, Endurance runs 7 times and GoDaddy commands a 12. Should you loved this article and you wish to receive much more information concerning
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4 times multiple
. ($1 = 0.8876 euros) ($1 = 0.7079 pounds) (Additional reporting by Harro Ten Wolde; Editing by Jonathan Gould and Adrian Croft)
Strato, which was acquired by Deutsche Telekom in 2009 for 275 million euros ($310 million), is a much smaller platform and Deutsche Telekom is seeking a partner to finance such a merger, the sources said.
This Thursday, Jan. 12, 2017, photo shows a sign at GNC's world headquarters in Pittsburgh. GNC said Tuesday, Jan. 31, 2017, that it was notified that it will not be allowed to air its Super Bowl ad or any ad during Super Bowl 51 on Sunday, Feb. 5, because it violates an NFL policy against having supplements advertised during its games. (AP Photo/Gene J. Puskar)
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