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Life are especially comical in that the team's raison d'etre was to promote their unique engine concept and get a big team to run it in future, when in practice the engine was even worse than the functional chassis they ran (originally designed for the planned FIRST team in 1989, I believe).
F1Rejects has a lot of them covered - Token, Peter Monteverdi's time in charge of Onyx, Rial, Eurobrun, but there are probably more in the past.
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