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Old 1 Jul 2002, 20:06 (Ref:325370)   #1
Yoong Montoya
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Yoong Montoya should be qualifying in the top 10 on the grid
Will one team fail to make it to Silverstone?

There is a story on Grandprix.com that there is a possibility that one of the current teams will not be present for Silverstone due to financial reasons. Minardi is not the team in question by the way. I would think it would be Arrows because the team boss put $4 million into the team to continue - e.g Tom Walkinshaw paying Ford out of his own money to continue.

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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Old 1 Jul 2002, 22:27 (Ref:325467)   #2
Lee Janotta
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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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Old 2 Jul 2002, 18:10 (Ref:325994)   #3
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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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Old 2 Jul 2002, 22:59 (Ref:326217)   #4
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Valve Bounce has been held in scrutiny for further testing
Eddie????

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Old 3 Jul 2002, 17:31 (Ref:326593)   #5
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cos should be qualifying in the top 10 on the grid
This story seems to suggest that a court case this week could decide whether Arrows turn up this weekend....

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The word in legal corridors is that the case will decide whether or not the team will be seen at the British Grand Prix this weekend
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Old 4 Jul 2002, 10:54 (Ref:326963)   #6
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Arrows - Down the pan????

Has anyone else heard the rumours regarding the demise of the Arrows F1 Team.
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Old 4 Jul 2002, 10:57 (Ref:326964)   #7
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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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Old 4 Jul 2002, 12:51 (Ref:327030)   #8
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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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Old 4 Jul 2002, 14:26 (Ref:327078)   #9
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josvandeperre should be qualifying in the top 10 on the grid
see www.autosport.com - the trucks are at Silverstone but locked up when everyone else has unloaded
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Old 4 Jul 2002, 14:33 (Ref:327082)   #10
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Soooo,

If they do go pop will Stoddart get their tv money?
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Old 4 Jul 2002, 14:47 (Ref:327085)   #11
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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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Old 4 Jul 2002, 14:51 (Ref:327088)   #12
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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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Old 4 Jul 2002, 15:04 (Ref:327092)   #13
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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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Old 4 Jul 2002, 15:06 (Ref:327093)   #14
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touringlegend should be qualifying in the top 3 on the gridtouringlegend should be qualifying in the top 3 on the gridtouringlegend should be qualifying in the top 3 on the grid
Autosport reported this week that Stoddart got his GBP 8 million.
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Old 4 Jul 2002, 15:10 (Ref:327095)   #15
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Shall we link this to the thread above ?
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