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Originally Posted by indycool
Luke, who do you think is funding it? Do you honestly think that all the teams are footing their own freight? Where are they getting it? Sponsorship and prize money are next-to-nothing. I realize you're a bit removed geographically on how this is working over here but Pook blew $90 million in the final year of CART to keep the series going, a lot of it on team subsidies that were well-stated in CART's public documents. These teams' situations are no better now than they were then. If KK and GF are coming up with free engines and tires as Mark C. said (who knows?), then they OWN Cosworth and they PAID or TRADED a deal with Bridgestone to be able to do it.
Indeed, PKV was in such good financial shape that it took Tristan Gommendy, a pay driver, last year. Forsythe refused initially last season to run a second car unless it was "paid for" and later relented. Petit bought and closed RuSport and joined Forsythe. Gentilozzi is off to the side waiting for money to show up. And these guys OWN the series.
Judging by what's happened lately, it appears that KK is backing away (or meditating with the penguins again) because he hasn't said a word since before the JDSU trial. Forsythe and KK were known to disagree on things and it appears Forsythe is taking more command of this now and KK less command of it. The Cotman resignation points to that. Forsythe was known to favor the ex-SCCA mafia in the office. But time will tell.
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.............indeed, time will tell
Champ Car teams get massive subsidies as was posted and linked in the IRL section somewhere the other day