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F11 fans will know what I am talking about.
Are they insane?
Still it'll be fun to watch!
Are they insane?
Still it'll be fun to watch!
Page:
From ITV-F1.com (By the way, for those that don't know, VW own Skoda)
Bernie Ecclestone and Max Mosley have poured cold water on the Pheonix consortium’s bid to resurrect Prost.
Stories in the press claiming that the consortium’s front man Charles Nicholson was acting as an intermediary for a VW buy-out of Prost’s assets now seem wide of the mark. It now looks as though Nicholson is acting without the backing of a major manufacturer making the team’s bid to join the F1 grid in time for the Brazilian Grand Prix look doomed.
And now with Bernie Ecclestone has said that the consortium has no right to enter F1 as it has not bought the Prost team lock, stock and barrel. All Pheonix has bought is some of last year’s AP04 chassis and the designs for this year’s stillborn AP05.
It’s only chance would have been a wholesale Prost buy-out which would have bought the team’s entry and the gained access to the team’s travel money which it earned from finishing ninth in last year’s championship. However, this would have also made Pheonix liable for Prost’s debts rumoured to be in the region of $28million.
The team could have entered and as a brand new entry without using the Prost name. However as a new outfit it would have not have had access to any travel money and it would also have to pay the $48million FIA competition bond.
Bernie Ecclestone seems to have hammered the final nail into the coffin of the bid. Speaking in The Times newspaper Ecclestone said: "He has bought nothing in Formula 1. All he has bought is some show cars. He can forget it. He is wasting his time thinking about racing in Malaysia."
FIA President Max Mosley has also said that the sport’s governing has yet to hear from any team that wants to take Prost’s place on the grid.
Mosley said: "We are waiting for an official communication from the purchasers of the Prost assets but they do appear to have major difficulties if they want to join the grid."
Nicholson’s group has contracted Tom Walkinshaw’s TWR group to provide the team with engines and engineering support. Charles Nicholson aka Chuck Nicholson was a team-mate of Walkinshaw’s in the latter’s touring car team back in the late-Eighties.
Bernie Ecclestone and Max Mosley have poured cold water on the Pheonix consortium’s bid to resurrect Prost.
Stories in the press claiming that the consortium’s front man Charles Nicholson was acting as an intermediary for a VW buy-out of Prost’s assets now seem wide of the mark. It now looks as though Nicholson is acting without the backing of a major manufacturer making the team’s bid to join the F1 grid in time for the Brazilian Grand Prix look doomed.
And now with Bernie Ecclestone has said that the consortium has no right to enter F1 as it has not bought the Prost team lock, stock and barrel. All Pheonix has bought is some of last year’s AP04 chassis and the designs for this year’s stillborn AP05.
It’s only chance would have been a wholesale Prost buy-out which would have bought the team’s entry and the gained access to the team’s travel money which it earned from finishing ninth in last year’s championship. However, this would have also made Pheonix liable for Prost’s debts rumoured to be in the region of $28million.
The team could have entered and as a brand new entry without using the Prost name. However as a new outfit it would have not have had access to any travel money and it would also have to pay the $48million FIA competition bond.
Bernie Ecclestone seems to have hammered the final nail into the coffin of the bid. Speaking in The Times newspaper Ecclestone said: "He has bought nothing in Formula 1. All he has bought is some show cars. He can forget it. He is wasting his time thinking about racing in Malaysia."
FIA President Max Mosley has also said that the sport’s governing has yet to hear from any team that wants to take Prost’s place on the grid.
Mosley said: "We are waiting for an official communication from the purchasers of the Prost assets but they do appear to have major difficulties if they want to join the grid."
Nicholson’s group has contracted Tom Walkinshaw’s TWR group to provide the team with engines and engineering support. Charles Nicholson aka Chuck Nicholson was a team-mate of Walkinshaw’s in the latter’s touring car team back in the late-Eighties.
Thanks YH!
Taken from itv-f1.com:
Malaysian Grand Prix on ITV1
Qualifying
Live 04:30-06:15 16/03/2002
Repeat 13:30-15:15 16/03/2002
Race
Live 06:40-09:00 17/03/2002
Repeat 13:30-15:45 17/03/2002
Race highlights 23:45 16/03/2002
All times are GMT
Malaysian Grand Prix on ITV1
Qualifying
Live 04:30-06:15 16/03/2002
Repeat 13:30-15:15 16/03/2002
Race
Live 06:40-09:00 17/03/2002
Repeat 13:30-15:45 17/03/2002
Race highlights 23:45 16/03/2002
All times are GMT
I couldn't help giggleing when I heard it on the news!
You may laugh, but Skoda have been THE most reliable team in rallying for something like the last 10 years.
Anyway, what have they got to lose?
Everyone is expecting them to be crap, so if there are then it's no loss.
But if they start doing quite well, then everyone will sit up and take notice.
Anyway, what have they got to lose?
Everyone is expecting them to be crap, so if there are then it's no loss.
But if they start doing quite well, then everyone will sit up and take notice.
Grandprix wrote:
> There is a lot of support for small, slow teams. :D
Surpisingly!
BTHW What time is the malasian Grand Prix on?
I think it's abou 5:50am ain't it?
> There is a lot of support for small, slow teams. :D
Surpisingly!
BTHW What time is the malasian Grand Prix on?
I think it's abou 5:50am ain't it?
When I saw this I just had to find out..
Tom Walkinshaw V10 engines in bloody Skodas crawling round F1 tracks.
rofl...
Tom Walkinshaw V10 engines in bloody Skodas crawling round F1 tracks.
rofl...
There is a lot of support for small, slow teams. :D
F11 fans will know what I am talking about.
Are they insane?
Still it'll be fun to watch!
Are they insane?
Still it'll be fun to watch!
Page: