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13 Jul 2010, 00:11 (Ref:2725828) | #101 | |||
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It's not a question of backing Ferrari but siding with them and not because you necessarily like them but because it serves your cause. Ferrari didn't get Mosley to retire, he had to as his position had become untennable because of his private life being made public. As you say he was unwelcome in a number of countries; he had to go. Last edited by bjohnsonsmith; 13 Jul 2010 at 00:15. Reason: Adendum |
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13 Jul 2010, 06:49 (Ref:2725888) | #102 | |||
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Max agreed to step down, as I remember, when the teams agreed to budget caps but not as severe or draconian as he was suggesting. At the time of the "nazi" scandal and private life which I believe was 2007, Max remained in power. Ferrari didn't make comment against him at the time. But yes I agree, teams don't back Ferrari because they like them, but because they wield huge power and it serves their cause. |
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13 Jul 2010, 08:41 (Ref:2725937) | #103 | ||
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We seem to be a little off topic here, interesting though it is
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14 Jul 2010, 00:45 (Ref:2726365) | #104 | |
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So what is Branson going to do.
Paddock magazine has reported that Renault, possibly Virgin, Sauber, possibly Mercedes, Force India, all have large loans issued to them by their parents/sponsors. So if they cannot raise enough commercial sponsorship to cover the loans does that mean they go bust..... and we lose them. For example Renault the manufacturer is supposed to have issued a loan to the race team secured against its property and money from the Concorde agreement.... If it is not repaid all the property and equipment reverts to the factory. BMW may have a partially similar arrangement with Sauber. Could we see a reshuffle at the end of 2010 or 2011.... If Virgins funding of the race team (Manor et al) is actually a large loan then what happens if it can't be repaid.... Is it all a pack of cards shaped like a circus and if the cards on the bottom slip the whole tent comes down.... |
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14 Jul 2010, 09:37 (Ref:2726456) | #105 | ||
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Lots of wealthy guys come into racing and spend at levels that are disproportunate to the prospects of success in their chosen formula, some achieve, many don't but mostly they are real racing nuts with a passion for the sport. I don't put Branson in that category although I may be wrong as I have never met the guy.
I believe he gained a disproportunate level of success with Brawn because of the Honda legacy and was blinded by the scientific potential to think it would happen again at Manor and reality has now set in. It will be a measure of the man when we see how he reacts at the end of his contract. That in turn depends how well the team does in the remaining period but there is no tougher racing category anywhere. |
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14 Jul 2010, 12:01 (Ref:2726508) | #106 | ||
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does branson still attend the races? he was there for practically every race with brawn when they were winning, but i cant recall seeing him at a race since about the third round, that said i dont tend to watch the before coverage of a race.
although tbh we dont seem to see much in the way of virgin coverage or press releases anyway. |
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14 Jul 2010, 22:05 (Ref:2726819) | #107 | |||
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"If you're not winning you're not trying." Colin Chapman. |
16 Jul 2010, 19:32 (Ref:2727747) | #108 | |||
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He would seem to be the quintessential hippy and his love was balloons and music. I don't believe he even has a sports car of any description. |
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21 Jul 2010, 09:24 (Ref:2730017) | #109 | ||
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My thought is that he will not renew the deal and Manor will struggle to find a commercial backer of any note unless they get a lot better quickly. I do feel that we may find regular changes at that end of the grid. Perhaps Bernie will move to a franchise system?
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21 Jul 2010, 09:29 (Ref:2730021) | #110 | ||
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I am sure Mr Branson must be becoming bored with Virgin F1 by now, i doubt Virgin will continue to support the team for much longer even though i believe it costs them very little.
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21 Jul 2010, 10:49 (Ref:2730052) | #111 | |
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I thought he would get more exposure becoming a title sponsor of Brawn last year, but I suppose he got the figures worked out.
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