terrible news possibly for minardi :-(

Posted by LS. 
terrible news possibly for minardi :-(
Date: May 31, 2002 05:12PM
Posted by: LS.
Minardi could go out of business after the British Grand Prix unless they find new funds.

Team boss Paul Stoddart has revealed that he does not have enough cash to complete the Formula 1 season because the outfit has been denied prize money by the legal case involving Prost buyers Phoenix.

When Prost went bankrupt earlier in the year, Stoddart assumed his outfit would be promoted to 10th in the 2001 constructors




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ESSENTIAL OILS aren't essential unless you're an engine, a gearbox or a twat
Re: terrible news possibly for minardi :-(
Date: May 31, 2002 05:53PM
Posted by: Ellis
sounds like the old forti team


but forti got there name cos thats bout how many times they got lapped each GP




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Re: terrible news possibly for minardi :-(
Date: June 01, 2002 01:27AM
Posted by: LS.
LOL!!!






LS's Tip of the week
ESSENTIAL OILS aren't essential unless you're an engine, a gearbox or a twat
Re: terrible news possibly for minardi :-(
Date: June 01, 2002 02:48AM
Posted by: chris
That is really sad. I think he has to sell 49% of his shares, leaving him with control assuming he has all the shares.


Chris J



'I reserve the right to contradict myself' - Richey Edwards, 1994.


Re: terrible news possibly for minardi :-(
Date: June 01, 2002 02:54AM
Posted by: _Alex_
It is sad, but I just cannot imagine that anybody in a position to help them would let it happen. I don't think they'll "go under" because somebody with a lot of money should and will help them.




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Re: terrible news possibly for minardi :-(
Date: June 01, 2002 02:55AM
Posted by: _Alex_
hint hint: greedy television comapanies




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Re: terrible news possibly for minardi :-(
Date: June 01, 2002 05:39AM
Posted by: Zcott
I'm a bit confused as to why Minardi are owed money from the 12th team. Did they buy the TV revenues from last year from Prost?
Re: terrible news possibly for minardi :-(
Date: June 01, 2002 06:31AM
Posted by: Zcott
It appears that if I had read the article correctly, I would know by now....Where's that edit function!
Re: terrible news possibly for minardi :-(
Date: June 01, 2002 02:04PM
Posted by: chris
oh ok. So they need to seel a combined 49% to avoid huge debts.

Chris J



'I reserve the right to contradict myself' - Richey Edwards, 1994.


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