Discussion
http://www.jamesallenonf1.com/2010/01/deals-done-o...
James Allen said:
Meanwhile word is reaching me that A1 GP boss Tony Teixeira has now agreed a deal to acquire Campos, the money is yet to be handed over, however. Campos has a slot on the grid this season, Stefan does not, but wants one badly.
...
Campos have been struggling to get a budget together for some time. They have signed only Bruno Senna and have been looking for a second driver with budget as well as investors. Texeira was interested as he wants an F1 team as a destination for the champion of A1 GP. But A1 GP has not been without its financial problems and it will be interesting to see how Ferrari, a supplier to A1GP, reacts to Teixeira acquiring the team.
Teixeira recently lost a $4.5 million lawsuit with Team USA over withdrawing their franchise in the A1 GP series.
...
Campos have been struggling to get a budget together for some time. They have signed only Bruno Senna and have been looking for a second driver with budget as well as investors. Texeira was interested as he wants an F1 team as a destination for the champion of A1 GP. But A1 GP has not been without its financial problems and it will be interesting to see how Ferrari, a supplier to A1GP, reacts to Teixeira acquiring the team.
Teixeira recently lost a $4.5 million lawsuit with Team USA over withdrawing their franchise in the A1 GP series.
FourWheelDrift said:
Enter Stefan GP with his 2010 Toyota cast off.
I have to say my first thought was that Stefan had bought the 'team' for its entry slot and would disband the actual Campos team on the grounds that they had been set up for a championship with a $40m cap and were no longer viable.Time will tell.....
Stefan are sending their equipment to Bahrain.
http://www.autosport.com/news/report.php/id/81210
"Stefan Grand Prix...becomes the first team in F1 history who did send a 40 foot container full of equipment to the race in Bahrain without having entry for 2010 season,"
http://www.autosport.com/news/report.php/id/81210
"Stefan Grand Prix...becomes the first team in F1 history who did send a 40 foot container full of equipment to the race in Bahrain without having entry for 2010 season,"
ajprice said:
Stefan are sending their equipment to Bahrain.
http://www.autosport.com/news/report.php/id/81210
"Stefan Grand Prix...becomes the first team in F1 history who did send a 40 foot container full of equipment to the race in Bahrain without having entry for 2010 season,"
I had just read that too.http://www.autosport.com/news/report.php/id/81210
"Stefan Grand Prix...becomes the first team in F1 history who did send a 40 foot container full of equipment to the race in Bahrain without having entry for 2010 season,"
Wonder if they will manage to gate crash any official F1 tests? after all, with so many others not turning up with their cars, hardly as though the track would be 'too busy'
Must put the pressure on the new entries to turn up on time in Bahrain, or they'll find Stefan GP camping in their garage!
To put the cheap showboating by StefanGP into perspective, (it doesn't cost much to send a container to the Middle East!), here is an excellent piece by respected F1 journo Joe Saward;
There is some odd talk at the moment of Stefan Grand Prix, an obscure Serbian company with no international racing record, suddenly popping up and getting an entry in the 2010 Formula 1 World Championship.
This is simply not possible given the current rules, regulations and contractual arrangements.
The FIA issued a 2010 Formula One World Championship entry list at the end of November. There were 12 teams on that list. Toyota was not one of them. There was a note saying that “Toyota Motorsport GmbH remains formally bound by the Concorde Agreement to put forward a team for participation, though it has indicated that it will not be in a position to do so”. The FIA added that an announcement regarding the Toyota entry would be made “in due course”. On December 3 that announcement was made. The federation announced that it had written to BMW Sauber AG telling the team that its application had been successful and that – subject to their signing the Concorde Agreement – BMW Sauber would be awarded the 13th entry in the World Championship, “taking the place of the departing Toyota team”. This made it fairly clear that there was no longer a Toyota entry.
Toyota had announced on November 4 that it intended to quit Formula 1 “at the end of the 2009 season”. At the time it said that it intended to find a solution for “those parties who will be affected by any inconvenience this decision may cause”. It subsequently laid off the majority of the F1 staff in Cologne. There seems no change of heart in this respect. A few days ago Toyota put out a statement suggesting that the Formula 1 media should direct fans to a website so that the company could say goodbye. Click here to see it.
Legally-speaking there are probably lots of clauses in the Concorde Agreement defining when a Constructor is a Constructor and when one ceases to have that status, but as these are all confidential it is difficult to judge the arguments that may (or may not) be going on. We believe that the moment a team declares itself to be leaving the sport its rights and obligations are immediately terminated, however there may be a three-month period required for that to be legally confirmed. If this is the case, the confirmation would come on February 4.
In any case, the Formula 1 entry is limited by the Concorde Agreement to 13 teams, apparently for safety reasons and while there are believed to be rules of priority about the way in which entries are granted, the decision by Toyota to leave Formula 1 meant that these should not apply any longer. If Toyota changed its mind and is now arguing that it has a right to an entry then that would presumably have to be taken to arbitration – which is the defined way in which such disputes are solved – but this takes a long time and is not really a workable solution.
All of this means that people who are promoting the idea that Stefan GP will miraculously be given an entry if Campos Meta 1 fails to materialise have probably not been told the whole story. The FIA cannot simply conjure up a new entry from nowhere. The other teams would not agree. In theory, Stefan GP might purchase the Campos Meta 1 entry but then the team would be known by that name until such a time as the other teams agreed to a change. Thus Stefan could use Toyota equipment and the Spanish entry – if there was money enough to pay for it all.
But if there was money enough to do all this, Stefan GP could simply have purchased the Toyota entry back in November. Clearly there was not money enough to do that in the run-up to the Toyota decision. If Stefan GP now has the money to invest then the best route would not be a deal with Toyota. It would be to buy the Campos entry, which rumours seem to suggest, is for sale.
But that may not be easy as the word is that A1 Grand Prix boss Tony Teixeira is going to do that.
Entering Formula 1 is not just a question of having cash and banging on the door.
You have to bang on the door in the right way…
There is some odd talk at the moment of Stefan Grand Prix, an obscure Serbian company with no international racing record, suddenly popping up and getting an entry in the 2010 Formula 1 World Championship.
This is simply not possible given the current rules, regulations and contractual arrangements.
The FIA issued a 2010 Formula One World Championship entry list at the end of November. There were 12 teams on that list. Toyota was not one of them. There was a note saying that “Toyota Motorsport GmbH remains formally bound by the Concorde Agreement to put forward a team for participation, though it has indicated that it will not be in a position to do so”. The FIA added that an announcement regarding the Toyota entry would be made “in due course”. On December 3 that announcement was made. The federation announced that it had written to BMW Sauber AG telling the team that its application had been successful and that – subject to their signing the Concorde Agreement – BMW Sauber would be awarded the 13th entry in the World Championship, “taking the place of the departing Toyota team”. This made it fairly clear that there was no longer a Toyota entry.
Toyota had announced on November 4 that it intended to quit Formula 1 “at the end of the 2009 season”. At the time it said that it intended to find a solution for “those parties who will be affected by any inconvenience this decision may cause”. It subsequently laid off the majority of the F1 staff in Cologne. There seems no change of heart in this respect. A few days ago Toyota put out a statement suggesting that the Formula 1 media should direct fans to a website so that the company could say goodbye. Click here to see it.
Legally-speaking there are probably lots of clauses in the Concorde Agreement defining when a Constructor is a Constructor and when one ceases to have that status, but as these are all confidential it is difficult to judge the arguments that may (or may not) be going on. We believe that the moment a team declares itself to be leaving the sport its rights and obligations are immediately terminated, however there may be a three-month period required for that to be legally confirmed. If this is the case, the confirmation would come on February 4.
In any case, the Formula 1 entry is limited by the Concorde Agreement to 13 teams, apparently for safety reasons and while there are believed to be rules of priority about the way in which entries are granted, the decision by Toyota to leave Formula 1 meant that these should not apply any longer. If Toyota changed its mind and is now arguing that it has a right to an entry then that would presumably have to be taken to arbitration – which is the defined way in which such disputes are solved – but this takes a long time and is not really a workable solution.
All of this means that people who are promoting the idea that Stefan GP will miraculously be given an entry if Campos Meta 1 fails to materialise have probably not been told the whole story. The FIA cannot simply conjure up a new entry from nowhere. The other teams would not agree. In theory, Stefan GP might purchase the Campos Meta 1 entry but then the team would be known by that name until such a time as the other teams agreed to a change. Thus Stefan could use Toyota equipment and the Spanish entry – if there was money enough to pay for it all.
But if there was money enough to do all this, Stefan GP could simply have purchased the Toyota entry back in November. Clearly there was not money enough to do that in the run-up to the Toyota decision. If Stefan GP now has the money to invest then the best route would not be a deal with Toyota. It would be to buy the Campos entry, which rumours seem to suggest, is for sale.
But that may not be easy as the word is that A1 Grand Prix boss Tony Teixeira is going to do that.
Entering Formula 1 is not just a question of having cash and banging on the door.
You have to bang on the door in the right way…
Edited by touring fan on Tuesday 2nd February 12:41
Sounds well worth it for Stephan GP to me, if they can get the money together then why not buy the Campos entry, from the sounds of things the A1 guy doesn't actually have the money himself.
Surely if 1 of the new teams, like Campos doesn't complete its car, or goes bankrupt, they can give the entry to whoever they like?
I can't imagine the other teams having a problem with it either, so not sure what that guy in the article is going on about.
Surely if 1 of the new teams, like Campos doesn't complete its car, or goes bankrupt, they can give the entry to whoever they like?
I can't imagine the other teams having a problem with it either, so not sure what that guy in the article is going on about.
I thought I read somewhere that the new teams were allowed 3 no shows throughout the season, so if Stefan GP hasn't bought Campos, then surely even if none of the new teams turn up, then Stefan GP can't get on the grid at the first race anyway. They'd have to wait until the 4th race at the earliest.
ajprice said:
Stefan are sending their equipment to Bahrain.
http://www.autosport.com/news/report.php/id/81210
"Stefan Grand Prix...becomes the first team in F1 history daft enough towho did send a 40 foot container full of equipment to the race in Bahrain without having entry for 2010 season,"
EFAhttp://www.autosport.com/news/report.php/id/81210
"Stefan Grand Prix...becomes the first team in F1 history daft enough to
Article also said:
include the right to use the Japanese manufacturer's original 2010 car and engine.
Has anyone told them the fuel tanks won't be big enough.They seem to be a 21st century Andrea Moda
profstoff said:
Article also said:
include the right to use the Japanese manufacturer's original 2010 car and engine.
Has anyone told them the fuel tanks won't be big enough.They seem to be a 21st century Andrea Moda
profstoff said:
ajprice said:
Stefan are sending their equipment to Bahrain.
http://www.autosport.com/news/report.php/id/81210
"Stefan Grand Prix...becomes the first team in F1 history daft enough towho did send a 40 foot container full of equipment to the race in Bahrain without having entry for 2010 season,"
EFAhttp://www.autosport.com/news/report.php/id/81210
"Stefan Grand Prix...becomes the first team in F1 history daft enough to
include the right to use the Japanese manufacturer's original 2010 car and engine
Has anyone told them the fuel tanks won't be big enough.
They seem to be a 21st century Andrea Moda
profstoff said:
something silly
Then...FourWheelDrift said:
Only if it was the 2009 car, the 2010 car will have been designed with 2010 fuel usage rules.
...and...Nick M said:
profstoff said:
Article also said:
include the right to use the Japanese manufacturer's original 2010 car and engine.
Has anyone told them the fuel tanks won't be big enough.Merry said:
Toyotas 2010 car, not 2009
I get the message. In my haste to deride them I missed a small but significant detail 
Weirderer and weirderer... http://www.autosport.com/news/report.php/id/81219
"Following today's announcement that the Serbia-based squad will send equipment to Bahrain for the first of the season, the team said it will test its car at Portimao on 25-28 February.
Stefan GP said it will unveil the Stefan S-01 before the tests.
AUTOSPORT has learned former Williams driver Kazuki Nakajima will be one of the team's drivers."
"Following today's announcement that the Serbia-based squad will send equipment to Bahrain for the first of the season, the team said it will test its car at Portimao on 25-28 February.
Stefan GP said it will unveil the Stefan S-01 before the tests.
AUTOSPORT has learned former Williams driver Kazuki Nakajima will be one of the team's drivers."
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