Honda Team Source confirms Virgin F1 bid
Posted by montoya6k
Well, dont want to admit it but I think that's it now...
Perhaps more upsetting for me is the fact that the chance of JB getting another F1 go is about the same as Piquet winning the championship. Nill.
"Trulli was slowing down like he wanted to have a picnic" LOL
Perhaps more upsetting for me is the fact that the chance of JB getting another F1 go is about the same as Piquet winning the championship. Nill.
"Trulli was slowing down like he wanted to have a picnic" LOL
Honda seem reluctant to let the team go unless the money is in place, was up for sale at £1 but Honda said that £100M would be needed to secure it and guarentee the whole season, Bernie offered it apparently but was turned down for what ever reason.
Nick Fry and co are trying to get the money together and i think thats what Honda are waiting for.
LS's Tip of the week
ESSENTIAL OILS aren't essential unless you're an engine, a gearbox or a twat
Nick Fry and co are trying to get the money together and i think thats what Honda are waiting for.
LS's Tip of the week
ESSENTIAL OILS aren't essential unless you're an engine, a gearbox or a twat
Honda’s Japanese board has admitted that it is finding the sale of its Formula 1 team “difficult” and is still waiting for a “serious buyer” to come forward and rescue the beleaguered outfit
The comments from the car giant’s chief executive Takeo Fukui deliver a fresh setback to the Brackley team’s hopes of survival, with less than five weeks remaining until the first race of the new season in Australia.
Despite last week’s intense speculation that Richard Branson’s Virgin group was holding talks over a rescue bid, and the possibility of a management buyout already believed to be on the table, Fukui told a press conference in Tokyo on Monday morning that the sale process was not nearing a conclusion.
“There are various offers for the team but we have not seen any serious buyer yet," Fukui is quoted as saying by Reuters.
"We find the sale process difficult."
Fukui’s statement comes following a weekend in which further light has been shed on the state of both Virgin's and the existing management team's plans.
On Saturday, Branson admitted that he would be interested in taking his Virgin brand into Formula 1 but that he could only commit if the sport became both cheaper and greener.
As part of a round of interviews with media organisations he told Sky News that “there are aspects that need to be tackled” before he would consider getting involved.
Then on Sunday F1 ring-master Bernie Ecclestone revealed to the News of the World that he offered to help Honda Racing CEO Nick Fry and team principal Ross Brawn with their management buyout, but the pair rejected his offer to inject £100 million into the project.
"I tried to help with the management buy-out," Ecclestone told the newspaper.
"They should have taken what I offered.
"It was a very good offer for everybody concerned.
"It gave them complete protection but they wanted to do things on their own."
He added that he didn’t know what the outcome would be of the Honda sale and that it was now “up to them to make up their bloody minds."
The existing Honda management team’s proposal includes a plan to run with a Mercedes-powered chassis, and most likely Jenson Button and Bruno Senna as drivers.
Meanwhile, Honda Japan also confirmed on Monday that current president and CEO Fukui will step down from his role in June to be replaced by Takanobu Ito
LS's Tip of the week
ESSENTIAL OILS aren't essential unless you're an engine, a gearbox or a twat
Edited 1 time(s). Last edit at 02/23/2009 01:21PM by LS..
The comments from the car giant’s chief executive Takeo Fukui deliver a fresh setback to the Brackley team’s hopes of survival, with less than five weeks remaining until the first race of the new season in Australia.
Despite last week’s intense speculation that Richard Branson’s Virgin group was holding talks over a rescue bid, and the possibility of a management buyout already believed to be on the table, Fukui told a press conference in Tokyo on Monday morning that the sale process was not nearing a conclusion.
“There are various offers for the team but we have not seen any serious buyer yet," Fukui is quoted as saying by Reuters.
"We find the sale process difficult."
Fukui’s statement comes following a weekend in which further light has been shed on the state of both Virgin's and the existing management team's plans.
On Saturday, Branson admitted that he would be interested in taking his Virgin brand into Formula 1 but that he could only commit if the sport became both cheaper and greener.
As part of a round of interviews with media organisations he told Sky News that “there are aspects that need to be tackled” before he would consider getting involved.
Then on Sunday F1 ring-master Bernie Ecclestone revealed to the News of the World that he offered to help Honda Racing CEO Nick Fry and team principal Ross Brawn with their management buyout, but the pair rejected his offer to inject £100 million into the project.
"I tried to help with the management buy-out," Ecclestone told the newspaper.
"They should have taken what I offered.
"It was a very good offer for everybody concerned.
"It gave them complete protection but they wanted to do things on their own."
He added that he didn’t know what the outcome would be of the Honda sale and that it was now “up to them to make up their bloody minds."
The existing Honda management team’s proposal includes a plan to run with a Mercedes-powered chassis, and most likely Jenson Button and Bruno Senna as drivers.
Meanwhile, Honda Japan also confirmed on Monday that current president and CEO Fukui will step down from his role in June to be replaced by Takanobu Ito
LS's Tip of the week
ESSENTIAL OILS aren't essential unless you're an engine, a gearbox or a twat
Edited 1 time(s). Last edit at 02/23/2009 01:21PM by LS..
[www.f1network.net]
Yet another rumour, well article, hopefully if true we will know tomorrow...
"Trulli was slowing down like he wanted to have a picnic" LOL
Yet another rumour, well article, hopefully if true we will know tomorrow...
"Trulli was slowing down like he wanted to have a picnic" LOL
I do do do do do hope for the Barcelona test at least! Who will be bottom of sheets, (ex)Honda or Force India lol?
"Trulli was slowing down like he wanted to have a picnic" LOL
"Trulli was slowing down like he wanted to have a picnic" LOL
Will have they the race livery ready or will they have only a black car??
and they are going to continue with they "Earth friendly car"??
and they are going to continue with they "Earth friendly car"??
I am guessing that says its Rubens and Button for 09?
It would be the sensible thing to do imo. After the great season Rubens had it would be very wrong to let him go. Perhaps though it would be even worse to let Senna drive with very limited mileage. They say it doenst take long to get used to an F1 car these days, Lewis is an example, championship contender in year 1. But this year in particular Honda need good, solid engineering feedback, something though quite intelligant Senna would lack compared to Rubens.
As much as id like a Senna-Button lineup for the awesomeness and I guess financial boost for the team I do fully believe Rubens is the right choice and really the only choice for the team at this stage. Rubens is on the back of quite an impressive season, you could tell straight off he was driving for his career, again to use this example as I did with Bourdais, but if Piquet has got another year, it would be a crime to not let Rubens drive what was the RA109!
"Trulli was slowing down like he wanted to have a picnic" LOL
It would be the sensible thing to do imo. After the great season Rubens had it would be very wrong to let him go. Perhaps though it would be even worse to let Senna drive with very limited mileage. They say it doenst take long to get used to an F1 car these days, Lewis is an example, championship contender in year 1. But this year in particular Honda need good, solid engineering feedback, something though quite intelligant Senna would lack compared to Rubens.
As much as id like a Senna-Button lineup for the awesomeness and I guess financial boost for the team I do fully believe Rubens is the right choice and really the only choice for the team at this stage. Rubens is on the back of quite an impressive season, you could tell straight off he was driving for his career, again to use this example as I did with Bourdais, but if Piquet has got another year, it would be a crime to not let Rubens drive what was the RA109!
"Trulli was slowing down like he wanted to have a picnic" LOL
what will the new team be called?
another RBR? Ross Brawn Racing? :P
and as for sponsors...?
Isn't Schummi jobless from Ferrari now? I do wonder if he will join Brawn and attract much needed sponsors by putting his name to something!
Jenson drives it like he owns it; Lewis drives it like he stole it
another RBR? Ross Brawn Racing? :P
and as for sponsors...?
Isn't Schummi jobless from Ferrari now? I do wonder if he will join Brawn and attract much needed sponsors by putting his name to something!
I heard Dan Mills will be heading the buyout and will work with Ross "Bobby" Brawn. Danmoss Racing F1, Danny Ross, DOS, a lot of possible acronyms 
.
Edit: If Schumi joins as a part-owner we could be looking at MS DOS F1 ! One wonders if it will run super fast and crash into T1 like GP2 on WinXP, or just keep breaking down like unresponsive apps :P.
Edited 1 time(s). Last edit at 02/26/2009 10:36PM by Guimengo.
.Edit: If Schumi joins as a part-owner we could be looking at MS DOS F1 ! One wonders if it will run super fast and crash into T1 like GP2 on WinXP, or just keep breaking down like unresponsive apps :P.
Edited 1 time(s). Last edit at 02/26/2009 10:36PM by Guimengo.
Translated the web page from Stan into (dodgy) english:
[66.196.80.202]
It's saying that Button and Barrichello will be on the grid in Melbourne, making 10 teams present. Senna didn't get a race seat because of the risk of putting a rookie in that role at this time. The team will test at Barcelona after a shakedown at Silverstone.
As for the team name, why not just call it "Brawn" Another cheesy name after Force India!
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You know you want to. [judgegrudge.mybrute.com]
[66.196.80.202]
It's saying that Button and Barrichello will be on the grid in Melbourne, making 10 teams present. Senna didn't get a race seat because of the risk of putting a rookie in that role at this time. The team will test at Barcelona after a shakedown at Silverstone.
As for the team name, why not just call it "Brawn"
Another cheesy name after Force India!--------------------------------------------------------------------------------
You know you want to. [judgegrudge.mybrute.com]
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