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competitive teams often collapse in a way via the phoenix company method - see changes in names, eg motorsport to motorsports, trading as, etc etc.
having a competitive team does start with money, but that’s hard to find. the teams that have had a big wad of cash thrown at them and produced results have been existing teams who have been doing it properly before (remember, even the best engineers and mechanics train and learn somewhere), but who have then gone on to spend the money correctly and maintain the same approach they had before. that’s the difference between a prema and to some degree a carlin and the hitech and van amersfoorts of the sport.
in my badly articulated opinion anyway.
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