BMW to leave Formula One at end of 2009

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Post Thu Sep 24, 2009 8:41 pm

Oh wow. They're gone. I can't believe it. :shock: Maybe they really will finish on a high... :D I always respected BMW Motorsport so much, so this year has been a real let down - those endplates in particular.

P.S. That's probably better posted in the F1-09 thread.
carvetia
 
Joined: 22 Apr 2008

Post Fri Sep 25, 2009 6:29 am

If BMW actually got some of their investment money back, I'm certain that the Munich board are xtremely satisfied to have gotten out of this corrupt business in better shape than Honda did.
"I spent most of my money on wine and women...I wasted the rest"
xpensive
 
Joined: 22 Nov 2008
Location: Somewhere in Scandinavia

Post Fri Sep 25, 2009 6:50 am

xpensive wrote:If BMW actually got some of their investment money back, I'm certain that the Munich board are xtremely satisfied to have gotten out of this corrupt business in better shape than Honda did.


+1

right said buddy
raceman
 
Joined: 25 Jul 2009
Location: Pune, India

Post Sun Sep 27, 2009 4:05 pm

So does anyone know around when we'll have a good idea of whether Sauber will be allowed to race as the 27th and 28th cars next season. I know not all the teams are confirmed for next season and to be honest we'd probably be lucky to have a 26 car grid next season, but if...

I'm guessing we won't really find out until much later. It's all a matter of first seeing if anyone pulls out...
King Six
 
Joined: 27 May 2008
Location: London, England

Post Fri Oct 30, 2009 12:02 pm

Just a thought. Could the 'Q' in the mysterious Qadbak Investments be anything the do with the 'Q' in Quandt, the family that owns most of BMW?
gibells
 
Joined: 8 Apr 2009
Location: Andalucia, Spain

Post Wed Nov 25, 2009 8:56 pm

James
 
Joined: 3 Aug 2009

Post Thu Nov 26, 2009 9:42 am

James wrote:http://axisofoversteer.blogspot.com/2009/11/was-bmw-scammed.html


:shock: Sheesh. Perhaps BMW will stay to hold it together.
gibells
 
Joined: 8 Apr 2009
Location: Andalucia, Spain

Post Thu Nov 26, 2009 1:23 pm

Further rumours now by AMuS that a widely known American investor is back on the cards to buy the ex-BMW-Sauber team..
He was initially interested, but Qadbak was chosen by the BMW board.
Any post(s) made by this user are (semi-)educated opinion(s), based on random fact(s) blurred by the smudges of time.
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Fil
 
Joined: 15 Jan 2007
Location: Melbourne, Aus.

Post Thu Nov 26, 2009 3:55 pm

one comes to the conclusion in automotive business fundamental decisions are taken by people not really knowing what they are doing.
It should be possible to try calling a bank before doing a deal of that magnitude?
And this after throwing away some cool millions of garanteed money from bernie instead of commiting and then selling...quite rediculous the scenario and obviously the guys at BMW deciding are do not earn whatever they get as salary for negotiating
such a deal then.
hopefully Peter Sauber can draw them out of the swamp still... but BMW seems not to be much help really...
marcush.
 
Joined: 9 Mar 2004

Post Thu Nov 26, 2009 4:17 pm

BMW should have done a Brawn with Sauber, given him the team for a €1 transaction, gave him the ammount needed to get the team running for 2010 (with Ferarri 056 powerplants) and to get them thrugh the 2010 season and cut there losses and let loose.

Then Peter Sauber could have signed the concorde aggreement and got the Toyota place on the grid.

Personally what they could have done is looked for a buyer for the team, and then given them engines for then next 3-5 years and gone back to being a engine supplier and not had the huge expenditure of running the team, leave that to others, whilst keeping a presence and brand exposure in the sport.
ESPImperium
 
Joined: 5 Apr 2008
Location: Glasgow, Scotland

Post Thu Nov 26, 2009 8:55 pm

Why did sauber chose to use the ferrari engines though?
The BMW power plants were not so bad, i believe they could be second most powerful to the benz. BMW should have continued to supply engines.
For Sure!!
ringo
 
Joined: 29 Mar 2009

Post Thu Nov 26, 2009 9:19 pm

I think its a disgrace the way Toyota and BMW have left.

Honda did an amazing thing and allowed the team to be saved using Honda money and they only forged a deal knowing the finanical future would be secure, knowing the jobs of many would be secure. Toyota and BMW have left the mess they created with little chance of finding a buyer.
PNSD
 
Joined: 3 Apr 2006

Post Fri Nov 27, 2009 12:41 am

PNSD wrote:I think its a disgrace the way Toyota and BMW have left.

BMW in particular. Its like they don't quite know what they want to do, just know they want out. They want to shut it down, like Toyota, but want the positive PR, like Honda. They've tried taking a middle ground and its actually resulted in the worst of both worlds!

Toyota have been brutally, efficiently, clinical; they're leaving, and they're shutting everything down. End of story.

ringo wrote:Why did sauber chose to use the ferrari engines though?
The BMW power plants were not so bad, i believe they could be second most powerful to the benz. BMW should have continued to supply engines.

BMW is shutting the engine plant in Germany. That is separate from the ex-Sauber F1 chassis/aero facility in Switzerland.

There's obviously too little exposure/too much risk as a sole engine supplier for the investment. Engines aren't seen to win races anymore - its the chassis or driver, but they are still seen to lose them.
Any post(s) made by this user are (semi-)educated opinion(s), based on random fact(s) blurred by the smudges of time.
Any fact(s) claimed by this user will be supplemented by a link to the original source of said fact(s).
Fil
 
Joined: 15 Jan 2007
Location: Melbourne, Aus.

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