I just gave an example of how an investment company buying a F1 team is not necessarily a good thing.Jolle wrote:Well... thats not what you've said. It's also not the first investor who runs the team. You have a breed called "team owner" in Motorsport and they tent to run their own team. Plus, at least for now it's clear the investors are not going to run the team. I see no connection with Genii whatsoever.
One of the few F1 teams that isn't part of some investment companies catalogue is Ferrari... and they are doing great!Scuderia1967 wrote:I just gave an example of how an investment company buying a F1 team is not necessarily a good thing.Jolle wrote:Well... thats not what you've said. It's also not the first investor who runs the team. You have a breed called "team owner" in Motorsport and they tent to run their own team. Plus, at least for now it's clear the investors are not going to run the team. I see no connection with Genii whatsoever.
Currently in second place in the constructors championship, 3rd and 4th in the drivers championship, been a championship contender in pretty much every season since 1997, yes they are doing fine. Much better than, say, McLaren, Williams or Renault...Jolle wrote:One of the few F1 teams that isn't part of some investment companies catalogue is Ferrari... and they are doing great!Scuderia1967 wrote:I just gave an example of how an investment company buying a F1 team is not necessarily a good thing.Jolle wrote:Well... thats not what you've said. It's also not the first investor who runs the team. You have a breed called "team owner" in Motorsport and they tent to run their own team. Plus, at least for now it's clear the investors are not going to run the team. I see no connection with Genii whatsoever.
It looks like the reason why it took so long for Sauber to find funding is not due to interested parties, it was due to Kaltenborn wanting to retain her position. James Allen stated as much on his site.Jolle wrote:I don't think we've got enough information at the sideline to say if Sauber is still alive because or dispite of Kalterborn.GTO99 wrote:...for the time being.dren wrote:They are retaining Kaltenborn...
Don't you read f1t? Ferrari is the crappiest team ever. lolbill shoe wrote:I don't have a dog in the fight about investor-owner vs other owners, but...
Great observation that Ferrari currently has the longest streak of frontrunner status, since 1997 as mentioned.
I looked up data and was surprised. Ferrari has finished 4th or higher in Constructors every year since 1982. Incredible achievement. 34 consecutive years with no annual finish worse than 4th out of 10 to 14 teams. Has any other major sporting team finished in the top 40% of their sport every year since 1982?
No, but I follow GPT quite a bit, it seems similar...Pierce89 wrote:Don't you read f1t? Ferrari is the crappiest team ever. lol
This would be very bad and quite foolish of Peter Sauber.dren wrote:It looks like the reason why it took so long for Sauber to find funding is not due to interested parties, it was due to Kaltenborn wanting to retain her position. James Allen stated as much on his site.Jolle wrote:I don't think we've got enough information at the sideline to say if Sauber is still alive because or dispite of Kalterborn.GTO99 wrote: ...for the time being.
Do you have a source for this?bill shoe wrote:OMG, the Sauber investment may be falling through. Apparently, Kaltenborn only had one Formula 1 team to sell shares in, but she sold majority shareholdings to two different investment groups!!
Apparently, if either investor complains they will be banished from the paddock forever because they are merely pay-investors, rather than being in Formula 1 on pure investment merit.
Genii was probably the sole one that actually attempted to do something with it. Finance was an issue as early as 2011, but Genii went through with it and managed to find a solid buyer and they actually improved the team's future with it.Scuderia1967 wrote:I'm not sure this is good news: the last time an investment company bought an F1 team it was Genii, and we all know how that ended...
skoop wrote:Do you have a source for this?bill shoe wrote:OMG, the Sauber investment may be falling through. Apparently, Kaltenborn only had one Formula 1 team to sell shares in, but she sold majority shareholdings to two different investment groups!!
Apparently, if either investor complains they will be banished from the paddock forever because they are merely pay-investors, rather than being in Formula 1 on pure investment merit.
