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6 Feb 2013, 19:11 (Ref:3200298) | #76 | ||
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Di Resta second fastest today so the car's working. Loads of laps completed so they must have money for fuel, unless Fearnley is sticking it on his card.
It hasn't burst into flames, had the suspension break or been shunted. Having said that Jules hasn't had a go yet |
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13 Feb 2013, 17:31 (Ref:3204134) | #77 | |
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It looks like the Kingfisher group are on the very verge of collapse
http://www.telegraph.co.uk/finance/n...-1bn-loan.html I'd say the future for the Force India team is almost terminally bleak. |
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13 Feb 2013, 17:55 (Ref:3204143) | #78 | |||
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13 Feb 2013, 18:10 (Ref:3204149) | #79 | |
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Why would any reputable organisation become involved as a sponsor with the terminally wounded UB & Sahara groups.
There is going to be a really big financial collapse there, with lots of criminal court activity to follow. |
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13 Feb 2013, 18:46 (Ref:3204161) | #80 | ||
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in fairness, of the assets listed by the article as those used for collateral on the airlines loans the F1 team is not mentioned...that has to offer some sliver of optimism that the team will not be affected...this year anyways.
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13 Feb 2013, 19:07 (Ref:3204171) | #81 | |
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As about 95% of the teams funding is from UB & Sahara, you will find that when the parent companies collapse, as they almost certainly will, the funding for the F1 team will be shut off.
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13 Feb 2013, 19:33 (Ref:3204178) | #82 | ||
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it cant be 95% as that would imply they receive at best only 5% from FOM via prizes or from signing the Concorde agreement etc buts thats besides the point because i actually do agree with you that it looks like they will soon lose two of their three biggest sponsors and i also agree that as long as they carry the 'Kingfisher' logos they will have a hard time attracting new sponsors.
earlier on (or maybe in a different thread) i said that i would try to keep an open mind and separate the team from the brand so barring any direct indication that the team is on the hook for one of its owners outstanding loans im keeping the faith that the team will be ok this season. going forward to next season is anyone guess what happens but i wouldnt be surprised by a sale or a complete rebranding at the least. |
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13 Feb 2013, 23:29 (Ref:3204277) | #83 | ||
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Force India isn't Forti Ford; a shoestring operation with a skeleton staff. Force India is an asset of good standing on solid supplier contracts and will be successfully sold in a fire sale.
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If I had asked my customer what they wanted, they would've said a faster horse. -Henry Ford |
14 Feb 2013, 02:13 (Ref:3204328) | #84 |
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14 Feb 2013, 03:00 (Ref:3204337) | #85 | ||
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14 Feb 2013, 03:17 (Ref:3204340) | #86 |
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14 Feb 2013, 04:18 (Ref:3204354) | #87 | |||
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14 Feb 2013, 05:46 (Ref:3204378) | #88 | ||
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14 Feb 2013, 06:02 (Ref:3204384) | #89 | ||
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Well, Ford can always take another stab at F1. A Ford-Mercedes F1 car would be a bit of an oddball though. OR, they could do Ford-Ferrari, and finally realize the partnership that wasn't meant to be back in the 60s (or was it the 50s?).
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14 Feb 2013, 09:24 (Ref:3204476) | #90 | |
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Can't see Ford back in F1 in the the short term after the mess they made the last time they tried. Renault seems to be the only major manufacturer who know how to run an F1 team and they spent a long time getting it right. Ferrari are a different case as their structure is not that of a major manufacturer even though they are owned by Fiat.
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14 Feb 2013, 09:51 (Ref:3204493) | #91 | ||
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Forced Sale India will likely appeal to the Middle or Far East.That's where all the big bucks reside nowadays.Or maybe a shadowy Russian...................
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14 Feb 2013, 10:25 (Ref:3204527) | #92 | |
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another shadowy russian? haven't we got one of those at marussia already?
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14 Feb 2013, 11:51 (Ref:3204579) | #93 | |
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14 Feb 2013, 13:45 (Ref:3204628) | #94 | ||
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14 Feb 2013, 14:43 (Ref:3204641) | #95 | ||
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14 Feb 2013, 14:55 (Ref:3204647) | #96 | |
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for "seat" in that article, read "wallet" instead. it's far closer to the truth
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devils advocate in-chief and professional arguer of both sides |
14 Feb 2013, 17:41 (Ref:3204728) | #97 | ||
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so, we will see Medion and Capri Sun on the FI again??
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14 Feb 2013, 18:19 (Ref:3204746) | #98 | |
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14 Feb 2013, 18:47 (Ref:3204764) | #99 | ||
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14 Feb 2013, 20:02 (Ref:3204822) | #100 | ||
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I believe, and have for while that Adrian Sutil will have this seat...
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