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#1 | |
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Join Date: Mar 2002
Posts: 1,421
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![]() I really hope this does not happen. I hate to see any team retire from F1 due to financial reasons. The link is http://www.grandprix.com/ns/ns06555.html |
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#2 | ||
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Join Date: Feb 2002
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Well, I can't see it being Arrows, as the travel expenses to get to Silverstone would be almost nill compared to any other GP weekend. If they had to, they could bring two cars in on flatbeds!
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"Put a ****ing wheel on there! Let me go out again!" -Gilles Villeneuve, Zandvoort, 1979 ![]() |
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#3 | ||
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Join Date: May 2001
Posts: 652
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Plus the fact that Red Bull bought 49% of the team aweek or two back, I can't see them being entirely broke - unless of course the cheque for the Cosworths bounced...
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#4 | ||
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Join Date: Feb 2000
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Eddie????
Valve[img]http://www.**************************/smilies/bouncy.gif[/img] |
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#5 | ||
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Join Date: Dec 2001
Posts: 2,219
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This story seems to suggest that a court case this week could decide whether Arrows turn up this weekend....
Quote:
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#6 | ||
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Join Date: Apr 2002
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Has anyone else heard the rumours regarding the demise of the Arrows F1 Team.
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#7 | ||
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Join Date: Mar 2000
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Suuuuureeee. Which one of them?
![]() [Edited to remove link which became invalid when the threads were merged. R.] Last edited by R; 4 Jul 2002 at 16:34. |
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#8 | ||
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Join Date: Feb 2000
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It seems that Tom Walkinshaw is in more trouble than we thought. He has to pay money for engines and so on before Morgan Grenfell will agree to the sale of Arrows to Mateschidt. I know I put a hex on the guy, but that was supposed to make him go bald and lose his erection, not get him into this much hot water. Poor Tom.
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#9 | ||
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Join Date: Jul 2000
Posts: 1,167
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see www.autosport.com - the trucks are at Silverstone but locked up when everyone else has unloaded
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#10 | ||
The Honourable Mallett
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Join Date: Feb 1999
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Soooo,
If they do go pop will Stoddart get their tv money? ![]() |
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#11 | ||
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Join Date: Jul 2000
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hello Peter - I bet he's hoping !
Cars have to be presented at 1600 hrs UK (1700 ten-tenths) for scrutineering but apparently have not been unloaded yet |
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#12 | ||
The Honourable Mallett
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Join Date: Feb 1999
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Hmm,
I'm actually in two minds about this. On the one hand I think it's sad and not a little scary that we may be losing yet another team, but then again, TW has really gone down in my estimation in the last few years. The epithet "canny scot" (businesswise) has never meant anything other than cheating b"£$%^d to me and he's certainly a "canny scot". ![]() |
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I've decided to stop reaching out to people. I'm just going to contact them instead. ![]() |
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#13 | |
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Join Date: May 2002
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Found on www.telegraph.co.uk -
Arrows unable to survive without 'miracle' (Filed: 04/07/2002) Arrows, the prestigious British Formula One racing team, is "doomed short of a miracle", according to the company's lawyers at a High Court hearing today. The company had been refused permission by Mr Justice Lightman to enter into commercial deals to raise money for new engines so they could take part in the Silverstone Grand Prix on Sunday. Arrows bosses were understood to be trying to arrange a last minute-deal to save the company after Morgan Grenfell, the bankers which have invested millions of pounds in the company, successfully stopped the racing team selling their prime asset - its entitlement to payments from World Championship races. Oh dear, looks as though they are in a little spot of bother!! |
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#14 | ||
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Join Date: Dec 2000
Posts: 8,898
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Autosport reported this week that Stoddart got his GBP 8 million.
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#15 | ||
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Join Date: Jul 2000
Posts: 1,167
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Shall we link this to the thread above ?
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Thread | Thread Starter | Forum | Replies | Last Post |
Another NZ team rumoured to be ready | Just Do It! | Australasian Touring Cars. | 11 | 28 Nov 2003 07:09 |
will Minardi race the old Arrows cars on Germany? (merged) | CVT | Formula One | 59 | 27 Jun 2003 09:48 |
Frentzen released from Arrows (merged) | kdr | Formula One | 40 | 5 Aug 2002 09:29 |
OFFICIAL: Arrows announces Frentzen (merged) | Coach44 | Formula One | 92 | 9 Feb 2002 18:51 |
Heinz and Jos teaming up for Orange Arrows Red Bull?? (Merged) | steve nielsen | Formula One | 40 | 26 Nov 2001 16:18 |