Discussion
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"In a surprise announcement, Porsche AG has announced that it is purchase Jaguar F1 Racing for an undisclosed sum.
'Although our one-make racing series has proven extremely popular, Porsche AG acknowledges that in order to continue to be at the forefront of motorsport it is necessary for us to compete at the highest level. We aim to repeat the success we enjoyed with McLaren in the 1980's as a technical partner, but as a full factory entrant' comments an official press release.
'Although Porsche is best known for its Le Mans success, we feel that the current level of competition would not give us the challenge we are seeking'
No announcement has yet been made regarding drivers".
"In a surprise announcement, Porsche AG has announced that it is purchase Jaguar F1 Racing for an undisclosed sum.
'Although our one-make racing series has proven extremely popular, Porsche AG acknowledges that in order to continue to be at the forefront of motorsport it is necessary for us to compete at the highest level. We aim to repeat the success we enjoyed with McLaren in the 1980's as a technical partner, but as a full factory entrant' comments an official press release.
'Although Porsche is best known for its Le Mans success, we feel that the current level of competition would not give us the challenge we are seeking'
No announcement has yet been made regarding drivers".
diver944 said:
I wonder if they have a version of the V10 Carrera GT engine that would meet the F1 rules? Obviously it needs to be downsized from its 5.7 litres to 3 litres
Doubt it on a racing engine there is no surperflous weight or size, and changing an engine from 5.7 down to 3 litres would need very large, thick (read heavy) cylinder liners, whcih would waste weight and materials.
Its the same argument against Ferrari F50 owners saying their engine is based on an F1 engine- the F1 engine has no superflous material whatseoever, nevermind enough to "find" and extra 1.7 litres by bore/ stroke enlargement
Getting back to the story, I will be surprised if Porsche did. I know they had success with engine supply in the past (and not so much success- remember the Footwork??) but a whole car is compleatly different. Plus, I don't think Porsche would unless they could be successful at it- and that means beating the old eneny, Ferrari. And that seems very unlikely at the moment
It has a ring of truth about it, but I am aware that Tony Purnell has no pressure to make a decision before November. Secondly, the deal has to include Cosworth - no mention of that in Helen's prose.
The final nail in the coffin to bury this story is that VW & Porsche have such a close relationship that Porsche AG would never cast such aspersions on their colleagues - producers of the Cayenne/Tuareg and supplier of components.
Much more likely that VW might buy Jaguar, although once again, there are rumours that they have an option to purchase Sauber in 2006.
The final nail in the coffin to bury this story is that VW & Porsche have such a close relationship that Porsche AG would never cast such aspersions on their colleagues - producers of the Cayenne/Tuareg and supplier of components.
Much more likely that VW might buy Jaguar, although once again, there are rumours that they have an option to purchase Sauber in 2006.
peterpeter said:
captain kaos said:
I'm not sure Porsche could'nt afford to run an F1 team at a competitive level.
Agreed,
porsche is one of the most succesful car manufacturers in the world. They must be richer than Ferrari (ok theres no fiat backing), so I cant see why not.
You are kidding right?
No way that on its own Porsche has big enough pockets for F1, yeah it has become from the rocky times to make very good profits & is now a very sucessful independant company, however the costs in F1 are so absolutely mind boggleingly (is that a real word
) massive that no way could Porsche afford to front an entire F1 team. Developing on an engine for a team on the other hand- well that may indeed be another matter, the engineering department in Porkerland has fingers in many pies & with the new F1 engine size on the cars who knows..
iguana said:
peterpeter said:
captain kaos said:
I'm not sure Porsche could'nt afford to run an F1 team at a competitive level.
Agreed,
porsche is one of the most succesful car manufacturers in the world. They must be richer than Ferrari (ok theres no fiat backing), so I cant see why not.
You are kidding right?
No way that on its own Porsche has big enough pockets for F1, yeah it has become from the rocky times to make very good profits & is now a very sucessful independant company, however the costs in F1 are so absolutely mind boggleingly (is that a real word) massive that no way could Porsche afford to front an entire F1 team.
Developing on an engine for a team on the other hand- well that may indeed be another matter, the engineering department in Porkerland has fingers in many pies & with the new F1 engine size on the cars who knows..
oh im sure, but presumably ferrari dont front the whole cost either.? Its all the sponsors etc. But if fiat did put big money in, why dont they get any credit??
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