White cars and the true economic state of affairs in F1

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Giblet
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Re: White cars and the true economic state of affairs in F1

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Sinbinner X wrote:Does anyone think, maybe brawn doesn't need more help? The price tag for sponsorship goes up every race the brawn wins. Honda is out it is no longer associated with Brawn BTW.
Yes but all of their driver and staff contracts are already paid by Honda for this year, so while Honda is no longer involved, they are paying for this year stil in amyn ways financially.

Brawn doesn't have to worry about pay checks for this season, which puts them in a very good position.
Before I do anything I ask myself “Would an idiot do that?” And if the answer is yes, I do not do that thing. - Dwight Schrute

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gcdugas
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Re: White cars and the true economic state of affairs in F1

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Giblet wrote:
Sinbinner X wrote:Does anyone think, maybe brawn doesn't need more help? The price tag for sponsorship goes up every race the brawn wins. Honda is out it is no longer associated with Brawn BTW.
Yes but all of their driver and staff contracts are already paid by Honda for this year, so while Honda is no longer involved, they are paying for this year stil in amyn ways financially.

Brawn doesn't have to worry about pay checks for this season, which puts them in a very good position.

.... for the present, the very short term present. They are looking for funds to keep the development pace now that they find themselves fortuitously in the hunt for the titles. What about the near future? Why do teams all want sponsorship contracts? Why not an endless series of one-time deals? Because they want a certain future. Do you save for vacation, for new cars, for emergencies?
Innovation over refinement is the prefered path to performance. -- Get rid of the dopey regs in F1

F1ParkingSpace
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Re: White cars and the true economic state of affairs in F1

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gcdugas wrote:
Giblet wrote:
Sinbinner X wrote:Does anyone think, maybe brawn doesn't need more help? The price tag for sponsorship goes up every race the brawn wins. Honda is out it is no longer associated with Brawn BTW.
Yes but all of their driver and staff contracts are already paid by Honda for this year, so while Honda is no longer involved, they are paying for this year stil in amyn ways financially.

Brawn doesn't have to worry about pay checks for this season, which puts them in a very good position.

.... for the present, the very short term present. They are looking for funds to keep the development pace now that they find themselves fortuitously in the hunt for the titles. What about the near future? Why do teams all want sponsorship contracts? Why not an endless series of one-time deals? Because they want a certain future. Do you save for vacation, for new cars, for emergencies?
The way I read it they received a substantial payout from Honda somewhere in the region of $150million. perhaps that means that the urgency isn't there to get sponsors on th car ASAP, rather to secure significant multi-year deals even if it takes a while to finalise things.

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safeaschuck
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Re: White cars and the true economic state of affairs in F1

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xpensive wrote:I don't think they were given the shitty stick by Honda, the way I understand things, Honda are paying for them to win this season with a Mercedes engine, not exactly a poke in the eye if you ask me?
I was refering mainly to the sponsorship, Bottom line on the earth car livery was Honda failed to find a major sponsor and this was not rectified prior to their departure, which gives Brawn a lot of work to do. The whole corporate synergy thing is a lot tougher for independants, for instance oil companies have the road car tie in's to work with when the F1 team isn't performing etc.

I'm sure Honda won't have bankrolled this seasons racing the way they would if it were their own operation, they will reduce it to the minimum possible, I imagine this figure would have been arrived at by figuring out their liabilities in winding the whole thing up and maybe chucking a bit extra in for good will. They will have worked it so they are no longer financially involved, sign the papers and gone. Brawn will have a far smaller budget available than the Honda team failed with last year, AND they will not have last seasons participation money that all the other teams are burning through as we speak. Although it is a better deal than starting a team from scratch you wouldn't even consider starting a team from scratch without a major sponsor in the pocket, not to mention an engine deal in place past year 1.

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gcdugas
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Re: White cars and the true economic state of affairs in F1

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An off topic question, and if it was addressed elsewhere please guide me but.....

Do you think that with the homologated engines and near parity, that the Brawns would be this quick with Honda engines?
Innovation over refinement is the prefered path to performance. -- Get rid of the dopey regs in F1

xpensive
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Re: White cars and the true economic state of affairs in F1

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Concidering Honda was, together with Renault, given a special concession for development for this season, why not?
"I spent most of my money on wine and women...I wasted the rest"

sticky667
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Re: White cars and the true economic state of affairs in F1

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i've read Honda was just about to seal the deal with a long term commitment from Emirates Air.

Nick would have been the one heading those negotiations previously, no reason he's still not kicking down their door with 4 wins and 68 WCC points in five races.

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safeaschuck
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Re: White cars and the true economic state of affairs in F1

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sticky667 wrote:i've read Honda was just about to seal the deal with a long term commitment from Emirates Air.

Nick would have been the one heading those negotiations previously, no reason he's still not kicking down their door with 4 wins and 68 WCC points in five races.
That sounds very feasible, Emirates seem to be making an effort to push their profile at the moment although I would never have made the connection under my own steam, nice one! lets hope it works out.

Patriiick
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Re: White cars and the true economic state of affairs in F1

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1- design competitive car with Honda backing
2- get dropped by backer and start small team
3- become surprise leader of championship after 4 races
4- sell car to mclaren who developed a dog
5- Profit !!!

gibells
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Re: White cars and the true economic state of affairs in F1

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gcdugas wrote:
xpensive wrote:But in times when neither technical- nor budget-rules are set, I'm afraid that a megabucks sponsorship deal for 2010 is not on the priority list for the big corps, no matter how much you win this year. Perhaps MrE touched a point when he said, or to that effect anyway, that "Brawn" is basically a "no-name" entity marketing-wise?
And sadly no longer is Williams a "name" with their last success being 12 long years ago. All the nostalgia is just that. It is even less than Lotus. So I fear for F1 as a sport if Max runs out the manufacturers. They bring the clout and the names to the sport.
It is sad. Williams were awesome in their day. At least Brawn Racing is having their day. I'm not so sure though, that names don't belong in this sport. It is these guys that drive things along, not the big manufacturing teams. Looking at short term history shows us the case in point. Tyrrell (legend who kept his team afloat through thick and thin, for many years as least) became BAR (pure tabacco marketing), but they quickly pulled when marketing fags became passe -<no love there> . So Honda came along and saved the day. As Honda racing was not the core business, and not much of a marketing tool when stone last, they quickly pulled the plug. Brawn & co. stepped in, maybe fortuitously, and saved the day. The proof will certainly be in the long term future, but its guys like these that live and die for the sport. These are the guys who will take it forward. I worry when these big marketing companies come into the ring (like Virgin, BMW, Redbull(?), Toyota, Mercedes, etc.) for the reason that as soon as the marketing budgets get slashed, F1 could be at the top of the list for the chop.

So to protect these teams, 1. Bernie needs to give them (all) more of a cut, and 2. the budget cap cant happen soon enough because it may just save the day.

xpensive
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Re: White cars and the true economic state of affairs in F1

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Right, just four years ago Williams was a powerhouse in F1, free BMW-engines and heavy sponsorship from HP.

How they will survive is a mystery, unless kit-car racing will be re-introduced.
"I spent most of my money on wine and women...I wasted the rest"

roost89
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Re: White cars and the true economic state of affairs in F1

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gcdugas wrote:An off topic question, and if it was addressed elsewhere please guide me but.....

Do you think that with the homologated engines and near parity, that the Brawns would be this quick with Honda engines?
This question was asked on the F1 forum on the BBC. Brundle's answer was simply a "no". He was saying that there's a 50hp difference between Honda's engine last year and Mercedes' engine this year.
"It could be done manually. It would take quite a while, but it could be done. There is however a much more efficient and accurate way of getting the data. Men with lasers." Wing Commander Andy Green

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safeaschuck
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Re: White cars and the true economic state of affairs in F1

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roost89 wrote:
gcdugas wrote:An off topic question, and if it was addressed elsewhere please guide me but.....

Do you think that with the homologated engines and near parity, that the Brawns would be this quick with Honda engines?
This question was asked on the F1 forum on the BBC. Brundle's answer was simply a "no". He was saying that there's a 50hp difference between Honda's engine last year and Mercedes' engine this year.
I would tend to agree with that which is sad and a shame for Honda but after the start to the season we have had, If there's just one point, on one subject that everyone on this forum can agree on, it should be - that engine was a dog.

WOOF!

sticky667
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Re: White cars and the true economic state of affairs in F1

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though Honda was also given the green light similar to Renault to "update" their engine.

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Ciro Pabón
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Re: White cars and the true economic state of affairs in F1

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I moved this thread to the "General Chat" forum. Please, keep the "Formula One Cars" forum to discuss particular models of F1 cars, thanks in advance.
Ciro