Discussion
ajprice said:
F1 is setting up it's own 'F1 Academy' female driver series based around F4 cars, so a step below the sort of F3 W Series cars, with more track time and more races. https://the-race.com/formula-1/f1s-new-all-female-...
Good to see F1 encouraging more girls to come through the system into racing, but surely, at this point in time, a merged series with W Series, would have been a better move - rather than the two competing?
Castellet said:
ajprice said:
F1 is setting up it's own 'F1 Academy' female driver series based around F4 cars, so a step below the sort of F3 W Series cars, with more track time and more races. https://the-race.com/formula-1/f1s-new-all-female-...
Good to see F1 encouraging more girls to come through the system into racing, but surely, at this point in time, a merged series with W Series, would have been a better move - rather than the two competing?Peacockantony said:
If it needed a couple of mil to see out the season then it seriously needs to curtail it's expenses. At this point it will likely be over £8m in debt so it would just be a drop in the ocean, it would be literally wasting money for no reason. Given what happened at the final race, it would appear it that it has some pretty big creditors, the scaled back TV coverage suggests that they owe FOM a considerable amount so they scaled it back due to non-payment.
Peacockantony said:
Sign that those paying for this charade are starting to get empty pockets and are having to suckle at Sky's teat. Their business plan was never going to be financially sound, you can't pay for those who aren't good enough to fund their own racing forever. Running around at the back off of the pace doesn't attract sponsors, just ask Haas, Lotus, Virgin & Hispania.
It's been almost a year since I made these comments, and it turns out I was spot on. Only the scale of debt was actually larger than I prediced. The move to Sky was due to the good will of those who were owed money running out.It didn't just haemorrhage money, it haemorrhaged considerable amounts of other people's money.
Peacockantony said:
Peacockantony said:
If it needed a couple of mil to see out the season then it seriously needs to curtail it's expenses. At this point it will likely be over £8m in debt so it would just be a drop in the ocean, it would be literally wasting money for no reason. Given what happened at the final race, it would appear it that it has some pretty big creditors, the scaled back TV coverage suggests that they owe FOM a considerable amount so they scaled it back due to non-payment.
Peacockantony said:
Sign that those paying for this charade are starting to get empty pockets and are having to suckle at Sky's teat. Their business plan was never going to be financially sound, you can't pay for those who aren't good enough to fund their own racing forever. Running around at the back off of the pace doesn't attract sponsors, just ask Haas, Lotus, Virgin & Hispania.
It's been almost a year since I made these comments, and it turns out I was spot on. Only the scale of debt was actually larger than I prediced. The move to Sky was due to the good will of those who were owed money running out.It didn't just haemorrhage money, it haemorrhaged considerable amounts of other people's money.
I just assumed they'd secured a pot of money from various F1 stakeholders under the guise of equality to spend with the knowledge it wasn't coming back.
W Series assets and IPR up for sale https://www.wyleshardy.com/product/w-series-limite...
tog said:
Nice. 20 regional F3 chassis, 18 of which are rolling, up for sale, plus engines, gearboxes, wings, tyres, toolkits etc, almost everything you’d need to run a series. Would make a great job lot for a top end racing school, or someone who just won the lottery and wants to have a whole load of fun with friends!
(Goes away and says a prayer for tomorrow’s numbers to come in)
Sandpit Steve said:
tog said:
Nice. 20 regional F3 chassis, 18 of which are rolling, up for sale, plus engines, gearboxes, wings, tyres, toolkits etc, almost everything you’d need to run a series. Would make a great job lot for a top end racing school, or someone who just won the lottery and wants to have a whole load of fun with friends!
(Goes away and says a prayer for tomorrow’s numbers to come in)
GlobalRacer said:
Some idiots bidding. Lots of stuff going for more than it costs new or from sites where you have some sort of protection that the item isn't faulty. Guess they're not spotting the 15% premium and 20% vat to be added.
This! I was watching a few things but it’s all absolutely mental. As is usually the way with these auctions unfortunately. Good for the creditors though.GlobalRacer said:
I've managed to get a few bits but I will only bid half to 2/3rds of what I can get it for elsewhere and thats with all the fees included. Cars seem to be going for around the £48,000 mark before fees.
That’s around £65k all in, for a car that costs around £90k for the chassis and around £17k for the powertrain. A bargain if you can get it running without a rebuild. You’ll have photos of it on TV as well. Edited by GlobalRacer on Wednesday 31st January 14:01
Sandpit Steve said:
That’s around £65k all in, for a car that costs around £90k for the chassis and around £17k for the powertrain. A bargain if you can get it running without a rebuild. You’ll have photos of it on TV as well.
I'd rather have an F3 personally. Probably more series that could be raced in and probably easier to get spares.The ones that were being bidded on later were going for 65k before fees. I really didn't get the way people were bidding. There were multiple identical lots across the board but the bidding always seem to be concentrated on two or three leaving the others to go for far lower prices.
GlobalRacer said:
Sandpit Steve said:
That’s around £65k all in, for a car that costs around £90k for the chassis and around £17k for the powertrain. A bargain if you can get it running without a rebuild. You’ll have photos of it on TV as well.
I'd rather have an F3 personally. Probably more series that could be raced in and probably easier to get spares.The ones that were being bidded on later were going for 65k before fees. I really didn't get the way people were bidding. There were multiple identical lots across the board but the bidding always seem to be concentrated on two or three leaving the others to go for far lower prices.
One that I took of Chadders going round Corum whilst on a test session at Snetterton a few years back.
Would love to see her make it into F1 Proper.
Jamie Chadwick by Jayson Cork, on Flickr
Would love to see her make it into F1 Proper.
Jamie Chadwick by Jayson Cork, on FlickrBenzinaio said:
One that I took of Chadders going round Corum whilst on a test session at Snetterton a few years back.
Would love to see her make it into F1 Proper.
Jamie Chadwick by Jayson Cork, on Flickr
She got embarrassed greatly in FREC and IndyNXT by drivers younger and with a fraction of her finances. Strip away the female privilege and she would rightfully get derided as a female Mahaveer Raghunathan.Would love to see her make it into F1 Proper.
Jamie Chadwick by Jayson Cork, on FlickrGassing Station | General Motorsport | Top of Page | What's New | My Stuff