Well, I don't agree with that, no one sensible would around here and by no stretch can you call the evidence that we have seen as reasonable technical progress. Before Christmas we were shown pictures of part of a black composite, probably mock-up, tub and after Christmas we were shown pictures of the same totally incomplete tub being manhandled by various people in various positions. No suspension, no rear crash structure, no rear body work, no wings, no engine fitting or even a mock-up engine. The fact that they didn't even secure an engine supply up-front, months in advance, certainly leads me to believe that this was a sham all along. Compared to what's required and what we saw of other teams then no one in their right mind could call that progress.WhiteBlue wrote:I do not agree with your view there. Until Xmas USF1 seem to have made reasonable technical progress.
You can spin your wheels as much as you want on that one, but I'm afraid it is clear USF1, Peter and Ken were the prime architects of their own downfall. If they had produced a car, and had solid evidence that they were making progress as other teams minus Campos were doing, then none of the speculation and doubt would ever have happened. It's a stupid lame-assed excuse, inconsistent with the facts. Bernie Ecclestone never said anything about USF1 for over a year (yes, they've had that long), and only cast doubt over the past few months whe it became clear that progress was not forthcoming. God knows how the FIA selected this farse.Then rumors of financial trouble fanned by Bernie Ecclestone kept being repeated. That is a sure fire way to ruin a business that may be under financed or in liquidity problems.
As previously said umpteen times, you need the right people and a decent level of confidence that things will improve should you plough in more money. Chad Hurley wasn't confident that he had the right people or that things would improve, and so ploughing in more money was pointless. At least Campos have a chassis. There is no evidence that USF1 ever will.As previously said it would have been a question of spending the same kind of money he is looking at now to get the team functional.
No one with half a brain will plough in tens of millions and say "Get on with it", and you are certificable if you do that with Peter and especially Ken Anderson's track record. That's bone-headed. Chad put in close to $1 million with the promise of another million should reasonable progress be made, and presumably much more as the team progressed. The latter wasn't achieved so the former wasn't forthcoming. Clear?If you want to do that you know that you are not getting it under 30 mil $. Hurley should decide what he wants. Spend 5 or 10 mil seed money or do a proper campaign.
So they were supposed to start building a F1 car with 2 million dollars? And I thought the 40 million Mad-Max-Cap was insanity.segedunum wrote:No one with half a brain will plough in tens of millions and say "Get on with it", and you are certificable if you do that with Peter and especially Ken Anderson's track record. That's bone-headed. Chad put in close to $1 million with the promise of another million should reasonable progress be made, and presumably much more as the team progressed. The latter wasn't achieved so the former wasn't forthcoming. Clear?
I agree Giblet... Even if they fall flat on their collective faces and humiliate themselves in public, at least they gave it a shot. Better than spending time on an international tech forum criticizing others from a laptop.Giblet wrote:Too bad, but I don't see ill intentions, just horrible management.
countersteer wrote:I agree Giblet... Even if they fall flat on their collective faces and humiliate themselves in public, at least they gave it a shot. Better than spending time on an international tech forum criticizing others from a laptop.Giblet wrote:Too bad, but I don't see ill intentions, just horrible management.
Ah yes, the age old rationalisation for failure, followed by the obligatory, pre-emptive ad hominem.countersteer wrote:at least they gave it a shot. Better than spending time on an international tech forum criticizing others from a laptop.
You forgot about Epsilon...marcush. wrote:Stefan GP .rejected but is ready so their plan worked in spite off being rejected!
Virgin -Manor .accepted (maybe as a fellow of Mr.Mosley?),but they have delivered.
Litespeed -rejected but now as Lotus shows a proper plan set into reality,so they got the nod on the second try at least.
Prodrive -nobody would argue that they know how to do this.
I agree with Giblet too, but I slightly disagree with you.countersteer wrote:I agree Giblet... Even if they fall flat on their collective faces and humiliate themselves in public, at least they gave it a shot. Better than spending time on an international tech forum criticizing others from a laptop.Giblet wrote:Too bad, but I don't see ill intentions, just horrible management.
http://www.pechitolopez.com.ar/nota_en.php?idn=92 wrote: Taking into account the numerous information about Jose Maria´s participation in Formula 1 2010 championship, we would like to inform that yesterday, Jose Maria Lopez Sr, toghether with Felipe McGough and Victor Rosso, visited USF1 headquarters in Charlotte, US, to be in contact with the Team´s Directors.
In such meeting, several subjects were covered, in order to have a deep knowledge of the situation of the new team, which is under the responsibility of Peter Windsor and Ken Anderson.
Last night, after the meeting, with a clear understanding of the team´s current situation, the group flew to London, England.
Once in London, arrangements were made to have different meetings; one of them with the managers of the FOM (Formula One Management) whose president is Bernie Ecclestone. The result of the meeting has been positive. They expect to have a similar schedule as today for tomorrow (Thursday).
López Sr., Mc Gough y Rosso are planning to return to our country next weekend.
Is that just from looking in from the street, or did you get in on either occasion?Alexpcenteno wrote: In fact I went to the factory in january and I've saw a lot of movement of cars and people, but as I went there for the second time last week there was not even some at the front desk to receive visitors...
Totally agree with that. Something about Hurley stinks.jddh1 wrote:So they were supposed to start building a F1 car with 2 million dollars? And I thought the 40 million Mad-Max-Cap was insanity.segedunum wrote:No one with half a brain will plough in tens of millions and say "Get on with it", and you are certificable if you do that with Peter and especially Ken Anderson's track record. That's bone-headed. Chad put in close to $1 million with the promise of another million should reasonable progress be made, and presumably much more as the team progressed. The latter wasn't achieved so the former wasn't forthcoming. Clear?
Look, I think they just didn't find the money needed. I'm sure the boys at the shop can do the job and it's a shame they had to give up on their, what could be, dream job. Yes, PW blew it by not finding the financial support needed, but I'm not sure it's because of lack of technical know-how. Therefore, I think that having Chad Hurley as a top investor made PW think he'd be able to find other people. Maybe he relaxed or simply was not up to the job of selling his vision. (I think the latter is true.) Either way, it's a failure.
fair enough ...the epsilon premises should make PW and KA sink into the ground...Pup wrote:You forgot about Epsilon...marcush. wrote:Stefan GP .rejected but is ready so their plan worked in spite off being rejected!
Virgin -Manor .accepted (maybe as a fellow of Mr.Mosley?),but they have delivered.
Litespeed -rejected but now as Lotus shows a proper plan set into reality,so they got the nod on the second try at least.
Prodrive -nobody would argue that they know how to do this.
who
seem
to
be
fairly
well
funded.
(and someone called Lola, who I think has been around racing for a bit, too.)
http://twitter.com/USF1Team wrote:# The US F1 Team web server is down and is being repaired as this is written. We are not gone, as many have reported. More news soon. 34 minutes ago from web
No......... They got some initial funding which Peter and Ken would have negotiated, it would have been made clear to Peter and Ken how much and the schedule and conditions and it was then up to Peter and Ken to work out how much they needed to achieve their initial goals, set up a factory and offices and get things like an engine supply. They then either talked to Chad about a release of more funds for things like engines, with suitable progress behind them, or find more sponsors - which they had well over a year to plan and months to actually do once they had a 2010 entry. This hasn't all just blown up in the last couple of months. It's called planning.jddh1 wrote:So they were supposed to start building a F1 car with 2 million dollars? And I thought the 40 million Mad-Max-Cap was insanity.