Marussia could miss Austin?

[ECW Dan Selby]

Yeh, I guess so.

I was just thinking a little 'bigger picture', I guess. But the teams really do need to look after number 1 at this time, which is almost a shame, as I really feel they need to be banding together and making a statement that this is not feasible.

Selby

[bella]

Originally Posted by Nikki Katz

It's the backmarkers that are gone though, if a Marussia or Caterham would finish a race ahead of Sauber then Sauber would be nowhere near the top 10.

I'm not sure how good Sauber's finances are at the moment. Everything's gone quite quiet regarding Sirotkin. Everyone's expecting Sutil to be out at the end of the year, but he's a pay driver too isn't he?

it's 4 less cars to get in the way if there's a monaco-style apocalypse. every little helps and all that

sauber are skint. worth remembering that it's much more difficult to run up caterham sized debts in germany and switzerland because of the business culture, and there's also different rules about going into receivership etc. so i guess we need someone who understands that system to comment before we can begin to speculate too much.

[chillibowl]

Bit surprised the remaining sponsors for Marussia, and Caterham, have not pulled out yet!

[GTRMagic]

Originally Posted by chillibowl

Bit surprised the remaining sponsors for Marussia, and Caterham, have not pulled out yet!

Where will the 'real' sponsors of these two end up? Mr Chilton & Mr Ericsson were always reported to be contributing significantly to the operating budgets of these teams...

...will they be moving up the grid into the Sauber-zone?

[Clive]

I've said it before and I'll say it again, Bernie needs to stop taking it all out of the sport and leave enough in for the teams and the circuits, particularly the lower order ones struggling. At this rate there won't be F1 but at least BCE can finally retire and count his money instead.

[GTRMagic]

Force India May Miss USGP Too!!

[porsche911]

Who likes Marussia, anyone?

[GTRMagic]

New Owner For Marussia??

[Moneyseeker]

Marussia administrator now appointed...

http://joesaward.wordpress.com/2014/...dministration/

'Geoff Rowley and Geoff Carton-Kelly, partners of FRP Advisory LLP, the specialist restructuring and recovery firm, have been appointed joint administrators to Manor Grand Prix Racing Limited, trading as the Marussia F1 Team.'

[ECW Dan Selby]

Originally Posted by porsche911

Who likes Marussia, anyone?

Isn't that somewhat irrelevant?

I like Formula 1, and Formula 1 needs teams, no matter what the guise.

Also, those rumours on no Force India can't surely be true? If they are, fair play. Seems as though the floodgates have opened.

It'd certainly send a message to one Bernie Ecclestone, that's for sure. At least he'd have to put that fat wad of money where his mouth is! You don't want the teams at the back? Fine. Try explaining to the circuits why you only have a minus 20 grid!

Selby

[Paradise City]

Is there anyone turning up for Austin?

The Americans won't be best pleased with this either.

[Moneyseeker]

Originally Posted by Paradise City

Is there anyone turning up for Austin?

The Americans won't be best pleased with this either.

I'm surprised the BE is so glib to be honest, I thought he was desperate for F1 to gain some real ground in the USA, which was why I half expected him to keep both teams on the grid for Austin and then let them wither...

As it stand surely the talking point in Austin will be the demise of the teams and problems with F1, hardly a great platform to attract US brands into F1.

[bella]

if it was any other sport i'd say nah, the spin doctors will have everyone believing that they've just weeded out the unsustainable teams and whats left is a solid viable set of competitors in it for the long term. unfortunately this is f1, and nobody's really steering the ship....

[GTRMagic]

Mr Saward seems to be suggesting in the link above (which was added to by him just now) that the boys & girls at Manor may be looking to take over the entrants licence and technical crew of Caterham, and go again..

Wonder if the 'US backers' being mentioned are real, or fanciful wishful thinking

[bella]

sounded a bit hypothetical to be honest. i'm not sure getting hold of the caterham assets would be worth doing.

i'm still not totally sure i understand where this leaves the various entrants licences, and i *really* hope graeme lowdon has a future in the sport somewhere.

it's a crying shame that jules' points from monaco are going to mean nothing.

[GTRMagic]

Is Mr Lowdon back from Japan yet?

[bella]

i think all the big cheeses left on the saturday of the russian gp weekend.

[GTRMagic]

Originally Posted by bella

it's a crying shame that jules' points from monaco are going to mean nothing.

[GTRMagic]

Originally Posted by GTRMagic

New Owner For Marussia??

£55m Marussia Rescue Deal Possible

Is it too late?

[JeremySmith]

Originally Posted by porsche911

Who likes Marussia, anyone?

What does that got to do with anything ??

[Paradise City]

Originally Posted by Moneyseeker

I'm surprised the BE is so glib to be honest, I thought he was desperate for F1 to gain some real ground in the USA, which was why I half expected him to keep both teams on the grid for Austin and then let them wither...

As it stand surely the talking point in Austin will be the demise of the teams and problems with F1, hardly a great platform to attract US brands into F1.

I don't think Austin and Eccelstone are getting on as well they might. The first race was a smash hit but I've read that subsequent races have seen the Austin people get burnt a little bit. It could be the reason behind the recent Las Vegas publicity stir. Eccelstone's shot across the Austin bow perhaps.

In any event two teams getting beached so publicly at this point in time is the worst time with the other teams trying to nail down sponsorship. Never mind getting new sponsors, such bad publicity could cause minor sponsorship flight of existing sponsors. Not good for Force India, Lotus, Sauber who are reportedly in grim financial difficulties.

Really, it's unlikely all three teams will capsize of course but by equal measure one might say it's odds on, one of those teams will go under next year.

[Mike E]

Lots of marketing jibber jabber in this article but clearly feathers are a bit ruffled in the US of A.

http://www.theguardian.com/sport/blo...io-andretti-f1

Article also says: 'CVC has made an estimated $8.2bn from its investment in Formula One since 2006 but its profits have not been reinvested in the sport.'
Is that a credible figure? It is certainly an incredible one!


http://www.cvc.com/Our-Portfolio.htm...=1431003124601

'In May 2006, CVC Funds acquired both Allsopp Parker & Marsh (APM), which markets and sells Formula One advertising and sponsorship packages, and Allsport Management, the leading provider of VIP hospitality at Formula One events. In 2007, CVC took control of GP2, a complimentary race series, bringing together all the revenues connected with the FIA Formula One World Championship.'

Happy days for the 0.1%!

[Tucky]

Originally Posted by Mike E

Article also says: 'CVC has made an estimated $8.2bn from its investment in Formula One since 2006 but its profits have not been reinvested in the sport.'
Is that a credible figure? It is certainly an incredible one!

I doubt it's that simple but if CVC really have taken a huge amount of money from F1 over the years then it's time to give back to the sport that's probably paid for their yachts and private jets.

[JeremySmith]

Good article in the Guardian and spot on in my opinion..
Time to call it a day Bernie...

[JeremySmith]

I would be fairy ****ed off if I was one of the COTA owners..

We are paying for a full grid of cars Bernie, you are FOM so sort it out if you are so smart...