2024 Aston Martin | Aramco F1 Team

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Nikosar
Nikosar
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Joined: 10 Apr 2024, 18:06

Re: 2024 Aston Martin | Aramco F1 Team

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zoroastar wrote:
08 Sep 2024, 06:15
i think i heard today that the net worth is 1.5 billion. and its only going to go up in the short term i would think. f1 isnt like it was a few years ago, where teams were struggling to make ends meet. for better or for worse, every team is making a profit just from being there. so teams like Andretti have to wait forever to even get a chance, and alpine can half ass their way along forever. until they start to realize how bad it makes the brand look. it is crazy that stroll came in and spent a few hundreds of millions and is still going to probably turn a proffit though haha
Yes the rumours are true, it is a done deal with the capital fund Accel and private credit HPS Investment Partners that are set to invest between 1,5 and 2 billion $. So yes, Lawernce decided to sell part of the team. Aston will make an announcement soon.

Very strange that Aramco did not participate.


Alpine is different story, there is no will to invest to win or to sell. Newey and Horner went to see Carlos Ghosn at the time to ask for more investment and his answer was that they are in F1 only because their marketing team said to him to stay. Since then nothing changed. Maybe with Briatore things will change.

KimiRai
KimiRai
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Re: 2024 Aston Martin | Aramco F1 Team

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Nikosar wrote:
08 Sep 2024, 10:20
Yes the rumours are true, it is a done deal with the capital fund Accel and private credit HPS Investment Partners that are set to invest between 1,5 and 2 billion $.
I think that's a bit misleading. Those figures that were mentioned "between £1.5bn and £2bn" are the valuation that was placed on the whole team. So if they'll buy 20% to 25%, that should equate to between £0.3bn and £0.5bn (lower estimate and higher estimate).

KimiRai
KimiRai
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Re: 2024 Aston Martin | Aramco F1 Team

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They may have improved just a tiny bit this year in pitstops, but lots of room for improvement yet. Hegedus has plenty of work ahead

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Rikrikrik
Rikrikrik
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Joined: 01 Nov 2023, 16:17

Re: 2024 Aston Martin | Aramco F1 Team

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I came from november 2026 [-o< :-D :-D

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AR3-GP
AR3-GP
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Joined: 06 Jul 2021, 01:22

Re: 2024 Aston Martin | Aramco F1 Team

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Acceptable :lol:
A lion must kill its prey.

KimiRai
KimiRai
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Re: 2024 Aston Martin | Aramco F1 Team

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There should still be an evolution left this season according to the latest information. Allegedly Alonso is pushing the team for it to arrive before the 3-week break, we'll see whether that happens or not. He's anxious because so far they haven't come up with an evolution that improves the car and he's tired of excuses

I agree with Alonso that the team needs to do a much better job overall regardless of the coming Newey announcement. Ideally they start to improve before Newey arrives so at least he doesn't find a total mess :lol:

AR3-GP
AR3-GP
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Re: 2024 Aston Martin | Aramco F1 Team

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KimiRai wrote:
08 Sep 2024, 20:58
There should still be an evolution left this season according to the latest information. Allegedly Alonso is pushing the team for it to arrive before the 3-week break, we'll see whether that happens or not. He's anxious because so far they haven't come up with an evolution that improves the car and he's tired of excuses

I agree with Alonso that the team needs to do a much better job overall regardless of the coming Newey announcement. Ideally they start to improve before Newey arrives so at least he doesn't find a total mess :lol:
Remember when Fallows arrived and saw the original AMR22...
A lion must kill its prey.

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zoroastar
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Joined: 31 Aug 2017, 08:04

Re: 2024 Aston Martin | Aramco F1 Team

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KimiRai wrote:
08 Sep 2024, 20:58
There should still be an evolution left this season according to the latest information. Allegedly Alonso is pushing the team for it to arrive before the 3-week break, we'll see whether that happens or not. He's anxious because so far they haven't come up with an evolution that improves the car and he's tired of excuses

I agree with Alonso that the team needs to do a much better job overall regardless of the coming Newey announcement. Ideally they start to improve before Newey arrives so at least he doesn't find a total mess :lol:
he better be careful. expecting his team to improve is getting dangerously close to what his haters always call his "toxic" personality within the team. when most of them wouldve had a meltdown by now under similar circumstances. i know if i had sat around without a good update in 2 years i would be very toxic by now.

-wkst-
-wkst-
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Location: Austria

Re: 2024 Aston Martin | Aramco F1 Team

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Well, Austin would be the perfect opportunity to introduce a major upgrade, as it is a "real race track" after a 4 weeks break, but it's a sprint weekend...
Mexico is never good with the high altitude.

So I guess they need to bring it now or never, at least parts of it. As Miquel hinted already months ago.

Baku and Singapore should be good for the car, as there are no long corners. Best opportunity will be Sao Paulo again.

OnEcRiTiCaL
OnEcRiTiCaL
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Re: 2024 Aston Martin | Aramco F1 Team

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-wkst- wrote:
09 Sep 2024, 08:58
Well, Austin would be the perfect opportunity to introduce a major upgrade, as it is a "real race track" after a 4 weeks break, but it's a sprint weekend...
Mexico is never good with the high altitude.

So I guess they need to bring it now or never, at least parts of it. As Miquel hinted already months ago.

Baku and Singapore should be good for the car, as there are no long corners. Best opportunity will be Sao Paulo again.
The problem that nothing good for the car.Monaco wasn't good,Hungary wasn't good,Spa wasn't good. So I don't know what you mean by good for the car. They have problem or problems and effects those on every track.

-wkst-
-wkst-
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Joined: 29 Jan 2016, 21:55
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Re: 2024 Aston Martin | Aramco F1 Team

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Yeah, but some things are even worse or way worse, like long corners, where the car understeers heavily.

No coincidence that the car worked better in Bahrain or Canada. Sao Paulo will be the closest to them, but also Baku and Singapore will be better than many other tracks.

In my opinion it would be so important for the mood and confidence of the engineers when they finally nail an update...

GoranF1
GoranF1
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Re: 2024 Aston Martin | Aramco F1 Team

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Rikrikrik wrote:
08 Sep 2024, 20:48
I came from november 2026 [-o< :-D :-D

https://pbs.twimg.com/media/GW5FWI0XkAAvKnR.jpg
Alonso will secure title 7 races before end.
"I have no idols. I admire work, dedication & competence."

jofs89
jofs89
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Joined: 10 May 2023, 14:41

Re: 2024 Aston Martin | Aramco F1 Team

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-wkst- wrote:
09 Sep 2024, 10:34
Yeah, but some things are even worse or way worse, like long corners, where the car understeers heavily.

No coincidence that the car worked better in Bahrain or Canada. Sao Paulo will be the closest to them, but also Baku and Singapore will be better than many other tracks.

In my opinion it would be so important for the mood and confidence of the engineers when they finally nail an update...
For me, this is the biggest worry. We have been talking about long radius corners being a big weakness of the car since Spain last year. That is an eternity in F1. To be seemingly no clearer to understand and rectifying the issue is a very bad sign in my view.

KimiRai
KimiRai
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Re: 2024 Aston Martin | Aramco F1 Team

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peewon
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Re: 2024 Aston Martin | Aramco F1 Team

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KimiRai wrote:
09 Sep 2024, 17:07
It'll be interesting to look at how they structure their staff vis-a-vis the cost cap considering all the big names they have on board now. Clearly Newey will be one of the exempt based on his salary. Krack and Fallows are there. There's Andy Cowell replacing Whitmarsh (dont know if he counts). Then there is Luca Furbatto and Eric Blandin. Tom McCullough and Bob Bell are also there. I imagine all these guys were paid well to come to AM. Some sackings possible?