So who might buy Jaguar?
Discussion
Here's what Ernie said about Jaguar:
Ecclestone slams Jaguar corpse Bernie Ecclestone did not waste any time slamming the dead corpse of the soon to be sold Jaguar F1 team. Ecclestone blames bad management and accuses the Ford-owned Jaguar outfit of never taking the sport of F1 seriously. "It's down to bad management," he said, "and shows that manufacturers just use the sport if and when they want to. It appears they wanted to run a team and get all the publicity but not pay any money for it. I'd like to see them try to do a deal where they get all their global advertising for free. They have ripped off Jordan and Minardi with the price of their engines," he continued. "They cost more than those Ferrari sell to Sauber but are not capable of running at the front. I'm not sorry to see them go," he revealed. "They made their name in SportsCar racing and that doesn't interest me. Jaguar came into F1 to suit themselves and have left to suit themselves. I would rather see three Ferraris, McLarens or Williams running at the front than a Jaguar fighting it out with Jordan and Minardi."
What do you guy's think?
Ecclestone slams Jaguar corpse Bernie Ecclestone did not waste any time slamming the dead corpse of the soon to be sold Jaguar F1 team. Ecclestone blames bad management and accuses the Ford-owned Jaguar outfit of never taking the sport of F1 seriously. "It's down to bad management," he said, "and shows that manufacturers just use the sport if and when they want to. It appears they wanted to run a team and get all the publicity but not pay any money for it. I'd like to see them try to do a deal where they get all their global advertising for free. They have ripped off Jordan and Minardi with the price of their engines," he continued. "They cost more than those Ferrari sell to Sauber but are not capable of running at the front. I'm not sorry to see them go," he revealed. "They made their name in SportsCar racing and that doesn't interest me. Jaguar came into F1 to suit themselves and have left to suit themselves. I would rather see three Ferraris, McLarens or Williams running at the front than a Jaguar fighting it out with Jordan and Minardi."
What do you guy's think?
Eric Mc said:
There are lots of millionaires out there who have absolutely NO INTEREST WHATSOEVER in F1 or even motor racing.
As for having fun - it seems to me that the words "fun" and "F1" don't really go together these days. If I had millions to throw away, even I as a dedicated motor racing fan would be highly unlikely to get inolved in "The Piranha Club".
What millionaire car nuts seem to do is build up collections of classic racing cars and go racing themselves. Much more fun to my mind.
Your probably right but I really enjoy F1. (ducks down and scurries out)
I don't think Ford did do a good job with Jaguar F1. But then Ford's problems don't beging and end with Jaguar F1, do they?
Whereas big corporate money is always nice to see, I don't think it has done a whole heap for the racing in F1. Maybe we are on the edge of the big guys backing out (Ferrari excepted of course, who in reality aren't that big anyway) and leaving it to the motorsport pro's to run with more cleverly spent dollars...? BAR with Honda engines and Williams with BMW are doing better then the inhouse teams of Toyota and Jaguar.
Whereas big corporate money is always nice to see, I don't think it has done a whole heap for the racing in F1. Maybe we are on the edge of the big guys backing out (Ferrari excepted of course, who in reality aren't that big anyway) and leaving it to the motorsport pro's to run with more cleverly spent dollars...? BAR with Honda engines and Williams with BMW are doing better then the inhouse teams of Toyota and Jaguar.
Agree with Andrew Noakes that it made sense for Jaguar to go into F1, but that they have made their own problems with poor management - and that was a more considered response than Ecclestone's broadside! - three cars per team on the grid would just look desperate, and silly. Just imagine the "non team orders" driving we would see.
Enter some serious money that makes Bernie Baggins look like the poor relations.
With Eddie Cheever & Red Bull sponsorship maybe?
GrandPrix.com said:
Oakwell Associates has admitted that it has a serious intent to acquire Jaguar Racing and its sister company Cosworth Racing from the Ford Motor Company. Oakwell says it wants to enter F1 to enhance its corporate brand and build a dynamic image.
Oakwell is a serious company. It is the largest private investment group in the world. It was established in 1999 by South African entrepreneur Mark Paulsmeier and its core business is to invest in high-yield projects. The firm has more than 1200 funding syndicates involved and manages a total of $120bn through four different regional companies.
The company says that its presence in F1 "would be significant as their capital resources and strategic alliances will position Jaguar in the same category as Ferrari, Williams and McLaren" and said that it is negotiating with "an American technology team and former F1 drivers" to finalize its participation. No further details have been announced but the information would seem to suggest that the project could be linked to the American Formula 1 team which was announced in September 2002 at Indianapolis, which was fronted by Dan Gurney and Phil Hill but featured Les Olson, a former marketing director at BAR, in the background. At the time the project was put on hold because money could not be found. However if Oakwell is the backer of the idea, it may be that we will see a fully-funded US racing team.
With Eddie Cheever & Red Bull sponsorship maybe?
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