Facts Only wrote: Jonnycraig wrote:
hollus wrote:It would make sense for a lot of people to be "the investor".
Apparently the investor is Justin King, formerly CEO of Sainsburys and father of GP2 driver Jordan.
His name has been banded about F1 for years, often as a replacement for Bernie at CVC. When asked by John Humphries on The Today programme he gave a fairly evasive answer (last year it was I think).
It would be nice to have someone competent like him in charge of F1 but maybe he would prefer a team, I bet hhe could bring a small amount of Sainsburys sponsorship but they are a bit to UK centric to be a title sponsor I think.
Where did you hear that he is the investor?
Justin King will turn the team around the same way he did 10+ years ago when he took the helm at Sainsburys, i know, i have worked through that time, met the man 3 times and know first hand what he is capable of.
Justin, as i know him, will focus on the cost base and keep the team viable, he has a phone book full of companies who would want to sponsor in F1, many already are and some are sponsoring multiple teams. At Sainsburys we had a broken IT system and outdated work practices when i started, he fixed them over time by minimising the management structure, something that is important in F1, so he could simplify the way the team runs, keep things tight, run frugally for the 2015 season to get the MR03 to the end of the season with a updated nose and concentrate on certain areas of performance upgrades that will be cost effective in manufacturing and R&D terms that translates onto the track. As long as the car can be within the 107% for all the quail sessions thats the goal.
As for certain names for sponsorship, id say that Samsung may be a possibility. As for Sainsburys, id say maybe for the British GP for a €300K one off deal, but for the rest of the season id maybe say no. But there some other centric sponsorships in F1, especially on the Sauber at the moment, but may be wrong.
I do hop it is Justin that takes the team over with John Booth and Graham Lowdon. The last two deserve to have a shot, a proper shot at F1, even if it takes another 2 or 3 years to get to the performance level that the MR03 was just about to show to break through into the sports elite. There is a heck of a load of things to do in the time, can it be done, i hope so, even if the team is on the grid in HRT style sticky plaster for that race.