Prost

[Crash and Burn]

Has anyone heard what is happen at Prost??

If not visit www.f1.com - sounds like trouble in camp.

[snakepit27]

Originally posted by Crash and Burn
Has anyone heard what is happen at Prost??

If not visit www.f1.com - sounds like trouble in camp.

dam it took u that long to figure it out, they have been going down the tube the last 2 seasons!

[Crash and Burn]

Originally posted by snakepit27


dam it took u that long to figure it out, they have been going down the tube the last 2 seasons!

I've know for months - but I didn't know everyone was leaving them.

[Nicholas]

Apparently Diniz offered Prost $1 for the team

[snakepit27]

Originally posted by nicholaswhite
Apparently Diniz offered Prost $1 for the team

u have to remember Diniz will buy the Prost for $1 for example but he also aquires all the debt.

[Maxmil]

That looks like a good scoop for F1.com. They seem to have gotten an exclusive from someone in the team. In my experience, when the financial guy jumps ship, it's usually getting close to the end. I wonder if Prost will be able to finish the season. There was talk their assets would be seized in Belguim. Maybe in Italy? When a Director offers $1, things must be really bad.

[Nicholas]

Prost will only get the old 049 engines with Ferrari (because of their problems)- if they get to next season that is.

With the Mclaren/ Kimi rumours hotting up, Mercedes is apparently going to give Sauber a deal, but of course Ferrari doesn't want that

[Bononi]

Sad for Prost

He should sell it to some carmaker instead of looking for a french link...

[Alan Jones]

God I hope Prost can sort this out and quickly. With Toyota about to join F1 it would be very sad if we lost Prost, I have been looking forward to a 24 car grid.

[Liz]

That's awful news for Prost. But it does seem that it has stopped people asking him how he feels about TGF "breaking his records".

[Crash and Burn]

Prost: The crisis deepens

As financial director leaves Prost it’s rumoured that Pedro Diniz has quit troubled French team’s board of directors.
At this moment in time, four-time World Champion Alain Prost must be wondering how much worse it can get.

It’s reported that Prost Grand Prix’ financial director Jean-Luc Gripond has quit the troubled outfit at a time when the team’s management is attempting to sort out its budget for the coming season as well as the little matter of paying Ferrari for this season’s engine supply.

In addition it’s rumoured that major shareholder, and former F1 star, Pedro Diniz has quit the French team’s board of directors. The Brazilian has a 40% stake in the team but it’s understood that Pedro, along with his father Abilio, wanted total control, something that Prost is never going to agree to.

Due to the poor state of the French team’s finances it’s believed Diniz Sr. offered to purchase the remaining 60% of the team – including its debts – for a nominal sum of $1, you can imagine Prost’s reaction.

Alain missed the first day of the Belgian GP weekend and it’s now believed that this was because he was involved in negotiations with a number of possible sources of money including a wealthy Arab, now known to be Prince Al Waleed whose other investments include Daewoo, Planet Hollywood and Disneyland Paris. Another name that’s been mentioned is the Delaey family, owners of the international brewing giant Interbrew.

To further complicate matters it’s believed that Pedro’s 40% stake is not in the Prost GP parent company but in a subsidiary, news (if true) that will not go down well with Diniz Sr. who made his fortune from supermarkets.

How very sad that one of the sport’s greatest drivers should find himself in such an awful mess

[RALFANATOR]

sad to see Prost in this stage of there F1 life . I hear Prost is heavly in talks with PROTON but for what year is anyones guess .I also saw something on [URL=http://www.planetf1.com[/URL]
With BURTI out have they decided who will race insteaded . Hoping for WEBBER fingers crossed