Facts Only wrote:
Where did you hear that he is the investor?
http://news.sky.com/story/1421194/ex-sa ... of-f1-team
Justin King, the former chief executive of J Sainsbury, is among a group of investors negotiating a multimillion pound rescue bid for the ailing Formula One (F1) team Marussia.
turbof1 wrote:We don't know if the team will get the price money. The conditions of getting said money are noted in the concorde agreement, and that's a fully disclosed contract we don't have anything official on. There were quotes and pieces that said that a team needs to attend all races, there were other quotes it was allowed to miss 3 races, other quotes say that the team is not allowed to change names. And we don't know if they are given some leeway if they did breached the conditions.
I hope they'll get it, for the record.
SkyF1 reported on their SSN coverage yesterday that they had been assured that the team would get the prize money.
1558 wrote:Anyone know if the vote mentioned(well they call it a discussion but I'm sure it comes down to a vote) in the article linked above has to be unanimous to allow the 2014 car or is just a majority needed?
Yes, it has to be unanimous.
"Their plan is to revive a high-quality British racing ethic and brand-name."
Who is this?
BRM, Lola, Reynard, March?