Been doing some thinking about this new team and there’s some things that don’t really add up. Here’s some background.
Forza Rossa Racing, commonly known as Forza Rossa (from Italian Forza Rossa meaning "Red Force") and sometimes abbreviated to FRR, is a Romanian-owned Formula One team.
Romanian Population
Some 20M peoples and declining. The average wage is €395 a month - that’s below Kazakhstan for reference and 7th from the bottom of all European Countries. Despite recent growth Romania still has the lowest net average monthly wage in the European Union.
Romania Automotive Indsutry
During the Communist period, Romania was one of the largest automobile producers in Central and Eastern Europe, however the industry declined after the 1989 revolution. Previously, other domestic manufacturers such as Tractorul Braşov, ARO and Oltcit existed, however they eventually went bankrupt due to botched privatization in the 1990s. Since 1990, several foreign companies, including Mercedes, Audi, Hyundai, Volvo, Toyota and Peugeot, expressed interest in opening branch plants in Romania, but corruption, uncooperative governments and the mineriads prevented them from doing so. As a result, the Romanian car manufacturing industry currently lags behind neighboring countries such as Hungary or Ukraine.
Google Translate:
"It's a project that we want to become a symbol internationally in Romania knows how to generate value and performance," said company representative Forza Rossa.
Forza Rossa is owned by Camelia and Ion Bazac wife (former Minister of Health) by Forza Rossa Holding.
Forza Rossa, Ferrari sole importer for Romania, Bulgaria and Moldova
So, here’s a Romanian company, that imports Italian Ferrari's, who are promoting F1 to Romanians, who's majority population can’t afford F1 and as a result of the team being located in Germany, seems the Romanians won’t be employed there either, nor local community flow on from local investment. There's no car industry to speak of really and no news about any future moves in that direction. So Italy, Germany and Ferrari are the beneficiaries?
What actual benefit to Romania is there?