Quote:
Originally Posted by RichardRenes
Er, ok, I may not have studied economics, but... Inpounding a total value of at most £25 million to hope to gain £100 million + , and in doing so taking away the only possibility for the firm to actually come up with £100 million doesn't sound very sensible to me.
In other words, it's cheaper and easier to create new cars and stuff the administrator :P
Then again, I never studied economics.
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I think they realised that to get anything out of A1 this was the only way as they had so many debts. It also pushes them to resolve their problems before going into further debt. It may be cheaper but look at the problems they had last year building cars, and that was before everyone had realised the scale of A1's debt.?? It would also be impossible to get the credibility to re start if they don't sort out their affairs correctly as motor sport is a relatively small/open community.
Anyway todays "D day" and we should find out just how A1 will appear this year. So I've been told!