Two US F1 team trailers have been put up for sale on eBay. The trailers were originally purchased from Brawn GP, and were planned to be used for the 2010 season. However, when USF1 ran into difficulties just weeks before the start of the season, which were discribed by the team as "serious economic and funding challenges", they were unable to make the grid in Bahrain.
they clearly stated that it is virtually impossible to make the grid for 2010 and would only consider a 2011 entry .At this time in year it is simply too late to gear up for something like a F1 campaign.We do not even know if they had the capacities available to do so.in the end it is the drawings missing for the USF1 type 1 so they are way off schedule ,but I´m pretty sure lolas project was put to a halt even earlier...just enough to build a base for the windtunnelmodel.So not even molds for the tub there.Fil wrote:Whatever Bernie's preferences, make no mistake or assumption; USF1's failure to materialise has next to nothing to do with the 'white knight'. All failure is in-house.
As another thought, what is Lola's F1 project up to? IIRC they claimed to be well advanced with their design by the time the FIA rejected their 2010 tender..
Could this still be an avenue for USF1 to explore & team-up with?
madtown77 wrote:Bottom line:
1. Stefan has no chance of running in 2010. The FIA would have to open the biding process and I don't think they or Bernie are desperate for another new team. That, and even if they did, FOTA would have some say since it would involve amending the Concorde Agreement. Any chance McLaren and Ferrari have forgotten about a certain engineer? No. And Stefan is going to learn that lashing out at the potential hand that will feed you is a poor decision (especially when you do it twice in a matter of months).
2. The FIA will determine whether USF1 loses its franchise, probably this week. The fact that they sent Charlie Whiting suggests they are open to going to bat for them, but no guarantees that FOTA will go along. That is supposing that Whiting was encouraged by what he saw, also far from guaranteed.
3. Someone has to pay for USF1 from here on out. Hurley might have some pull, but it can't be much since they are already in this spot because of finances. So who the hell is going to give them the money?
The difficult thing is knowing who is the stinker. It could be Hurley as well. He was perfectly placed to squeeze out the founders there. I would not totally discount such a scenario.marcush. wrote:madtown77 wrote:Bottom line:
1. Stefan has no chance of running in 2010. The FIA would have to open the biding process and I don't think they or Bernie are desperate for another new team. That, and even if they did, FOTA would have some say since it would involve amending the Concorde Agreement. Any chance McLaren and Ferrari have forgotten about a certain engineer? No. And Stefan is going to learn that lashing out at the potential hand that will feed you is a poor decision (especially when you do it twice in a matter of months).
2. The FIA will determine whether USF1 loses its franchise, probably this week. The fact that they sent Charlie Whiting suggests they are open to going to bat for them, but no guarantees that FOTA will go along. That is supposing that Whiting was encouraged by what he saw, also far from guaranteed.
3. Someone has to pay for USF1 from here on out. Hurley might have some pull, but it can't be much since they are already in this spot because of finances. So who the hell is going to give them the money?
I´m not sure if this is the whole story if you look at Campos .They had nothing really nothing bar a car that was produced and designed somewhere else.And they lacked money ,or moreso they could not even pay for what they had committed for
art Dallara.But :
Carabante was already a shareholder there ,so why couldn´t or wasn´t he prepared to put in the necessary funds he is now bringing in after taking control of the project?
This is clearly strategical.Campos was identified as being not capable of running the team and this was the only way to push him out ,in sight of his dream erased otherwise.
See the paralells to USf1? Hurley now is in the position to push the stumbling block(s) out.and he will do so .If Fia will give them a lifeline and a waver for those 4 or 5 races ,Hurley will takeover ,remove the stinking fish ,hire the right people and do the business.
hopefully.
the big question is .did anderson and windsor put significant money into the project?WhiteBlue wrote:http://formula-one.speedtv.com/article/ ... efan-deal/?
The last sentence describes the situation. The way forward is anybodies guess.
They would have put in very little money but very much time. That project has been running for 2-3 years and they both put in many months of their time. When they brought in Hurley they probably gave him a minority share holding for cash and kept their majority shares in return for the time they invested. A potential split could have been 33,3% each which would give Anderson/Windsor a 66,6% voting majority.marcush. wrote:the big question is .did anderson and windsor put significant money into the project?
why else would hurley ,who seems to be the main source of funds pay attention to what they say ?
this is so childish ...unbelievable.
I believe that is a subject of reviewing.WhiteBlue wrote:At the moment they still have the most important asset, an FiA license for 2010 F1.
I ´d think they believe they ´d call the shots ,but in reality the asset is going to be without any value in afew days ,as the FIA seems to have the right to kick them out if they are under the impression they will not make the grid soon or put the FIA in a bad light..by acting amateurish.WhiteBlue wrote:They would have put in very little money but very much time. That project has been running for 2-3 years and they both put in many months of their time. When they brought in Hurley they probably gave him a minority share holding for cash and kept their majority shares in return for the time they invested. A potential split could have been 33,3% each which would give Anderson/Windsor a 66,6% voting majority.marcush. wrote:the big question is .did anderson and windsor put significant money into the project?
why else would hurley ,who seems to be the main source of funds pay attention to what they say ?
this is so childish ...unbelievable.
They would need to keep their shares over 50% to keep Hurley and Stefanovich from austing them. So they probably offered a split of 24,5% to both Hurley and Stefanovic which both saw as insufficient. Ken and Peter founded that team and if they ever give up the equity majority they would be immediately out of any decision loop. At the moment they still have the most important asset, an FiA license for 2010 F1. So they are still calling the shots.
Amen to that Fil, what's more, all these speculations of two loser-partys joining forces to make the grid is rubbish.Fil wrote:Whatever Bernie's preferences, make no mistake or assumption; USF1's failure to materialise has next to nothing to do with the 'white knight'. All failure is in-house.
Say what xpensive? Yeah, I know you knew all along.xpensive wrote: In all honesty, I'm beginning to change here, starting to admire the man for doing what he does with resources at hand.
Yes I did just that, began, but Anderson soon got myself out of that illusion when he showed the parts he made!madtown77 wrote:Say what xpensive? Yeah, I know you knew all along.xpensive wrote: In all honesty, I'm beginning to change here, starting to admire the man for doing what he does with resources at hand.
I have to say you spoke out what I feared from early on when i saw how things were handled .xpensive wrote:Yes I did just that, began, but Anderson soon got myself out of that illusion when he showed the parts he made!madtown77 wrote:Say what xpensive? Yeah, I know you knew all along.xpensive wrote: In all honesty, I'm beginning to change here, starting to admire the man for doing what he does with resources at hand.
