Posted on September 2, 2011

There are plenty of signs that Team Lotus and Virgin, newcomers in 2010 are making big moves behind the scenes, consolidating their place in F1 and putting new things in place to move forward for next year. And at next week’s Italian Grand Prix in Monza we will start to see signs of that. Virgin will have an upgrade to its car and is now starting to talk openly about its new structure, with everyone coming under one roof at the old Ascari factory in Banbury, Oxfordshire. Virgin famously tried to re-invent the wheel in F1, with Richard Branson praising More…

Posted on February 24, 2009

Not a serious posting with any great insight into the Honda negotiations, but just a photo someone sent me with an advert for Virgin Trains, which I absolutely love! It shows that Branson has a great sense of humour. We could do with a bit more of this kind of thing in F1.

Posted on February 20, 2009

As the momentum gathers behind a Virgin takeover of the Honda team, with Bernie Ecclestone throwing his weight behind the idea, I’ve been looking into how a deal might be structured and how that might compare with a management buyout, to see which is more likely and which Honda might prefer. I should stress at the outset that this is just a look at how these deals are done, I don’t have any of the precise numbers or inside information, but these kinds of deals are not that hard to analyse from the outside if you know the right people More…

Posted on February 18, 2009

I’ve just been invited to a press conference in Geneva on March 5th, where FOTA president Luca di Montezemolo will outline what the members of the Formula One Teams’ Association have been discussing lately. It’s been very intense behind the scenes, with all the teams heavily involved in discussions covering all areas of the sport. The invite says, “Luca di Montzemolo, the FOTA president, will make a speech in which he will unveil FOTA’s plans for the future of Formula 1. These plans are the result of a series of meetings held over the past few weeks and months, all More…

Posted on February 18, 2009

I suggested on Monday that Virgin might be the ones negotiating with Honda and I see now that Honda has confirmed it. Already there have been some good jokes, like “I hope they are faster than their broadband!” But there is no doubt that Virgin would be a huge asset to F1 if it happened. The backstory here appears to involve Adrian Reynard, who knows Sir Richard Branson well, apparently and who set the BAR Honda team up in the first place before being eased out of the picture. Like David Richards, who also ran the team, he has some More…

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