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Re: Formula 1 2009 Season
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that's the problem with F1 it has that high a cost for entry that I don;t think that any other team would have replaced Honda especially at this late stage,, |
Re: Formula 1 2009 Season
Would Button or Senna want "VIRGIN" on their chests? :)
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Re: Formula 1 2009 Season
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Re: Formula 1 2009 Season
I think it would be great for Virgin take over the Honda team.
This would be Branson alone i.e. the Virgin Group, so no one needn't worry about Virgin Media blowing loads of cash on this venture as it would be nothing to do with them. |
Re: Formula 1 2009 Season
The American's are looking to create a US only team, named USF1. It would well see the return of Scott Speed.
Also Formula 1 could well see a female racer in the coming years. Rumour has it that Danica Patrick (IndyCar star) is linked with the USF1 team. |
Re: Formula 1 2009 Season
So much for Branson's interest
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Re: Formula 1 2009 Season
Branson said he'd only consider it IF the sport became a lot more green.
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Re: Formula 1 2009 Season
Hold on, if Honda have received between 10 and 20 offers (speculation, I don't actually know how many they've had) to run the team, you'd have thought one of them would have been taken up, and since the management want it to I'd have thought it was in their best interests to have accepted an offer! We're only a month away from the start of the season, 3 weeks from now they get shipped off to Australia! They need some testing mileage before the season, they can't use Friday practice to determine either of the following results: "the car's fantastic, it's a regular race winner and could win the championship", "the car's s**t, what are we gonna do about it?", "the car's not bad, but could use some work to get it up to speed properly".
At this stage, IMO it seems cheaper and easier for Honda just to chuck £50m at the team and say "you have to make this last for a year, after that you're on your own", especially since the team's in place still and hasn't been laid off yet. |
Re: Formula 1 2009 Season
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One report i read stated it would cost Honda more money to make everyone redundant than it would to keep the team going all year so it could still go either wayy |
Re: Formula 1 2009 Season
Honda and Honda racing are completely different.
Honda couldn't finance another year, so how would they be able to give the racing team an extra £50 million? Weren't they Honda Racing because they used Honda engines and staff? Now if they are completely separate, is it work being called Honda Racing...if the only involvement Honda have with F1 is now a logo? (On the cars and shirts, etc) |
Re: Formula 1 2009 Season
Problem I see with a management buy-out is that yes fine they might be able to reach the asking price...but can they seriously keep the funds going to keep the team competitive??
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Re: Formula 1 2009 Season
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---------- Post added at 11:37 ---------- Previous post was at 11:35 ---------- All we need now is Murray :) Fantastic watching that clip, especially as it's at Kylami...where my claim to fame is that I've sat on pole in a formula ford racing car...Pity it wasn't running and it was for a SABC drama series :p: ;) |
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