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October 23, 2014 9:35 PM

F1 » Fernandes: Caterham F1 buyers to blame

Engavest SA, this firm was previously called Dragon Global Entertainment SA, in July after the sale date it became CFI Grand Prix holding SA, it is not clear who owns this as the only names linked seems to be nominees, the same seems to be true of Caterham sports which used to be IMRT which have been transferred to Romanian individual called Constantin Cojucar, he became a director two weeks ago, Cojocar has indicated in court papers that the plan had been for his associates to pay $3m a week to pay creditors, but the money did not arrive. This means, there was no money behind the new owners of IMRT, or they were not willing to pay or invest. Confuse me some confuse me more, Formula 1 doesn't need such people, Formula 1 will be much better off without such people.


October 23, 2014 2:07 PM

F1 » Caterham F1 staff locked out of factory

theeagle: Bernie (Ecclestone) must surely have something to say...
This is what Bernie had to say (taken from bbc sport F1 page) "I would think, knowing Colin Kolles, he's a competent guy," Ecclestone said. "He has managed to get in there and clean things up a lot, stop them wasting money and trying to get it on track." :rolleyes::rolleyes::rolleyes:
He was also reported to have said"I think it's better they go"


October 24, 2014 11:48 AM

F1 » Fernandes: Caterham F1 buyers to blame

Taz,"The FIA has ruled out asking Formula 1's top teams to run a third car this season, despite growing doubts about grid numbers at the end of the 2014 campaign" There is no need for the FIA to rule out that because there is no need to, not even if the grid gets down to 18 cars, which as I said is a real possibility at Austin, the action will take place if the grid gets bellow 18 cars. Having explained all that, if the grid gets down to 20 cars (10 teams) there is a much stronger guaranty that 20 cars (10 teams) will take part in the remaining races this season, because the lack of an 11th team means the remaing small teams at the back will all be sure that their price money will no longer be under threat.


October 24, 2014 11:56 AM

F1 » Caterham F1 buyers’ ‘total contempt’ of Fernandes

AussieAXE: It would be a shame to see the grid thin but to be honest, these teams really bring nothing of value to the show. Caterham and Marussia provide nothing more than mobile chicanes for the others to pass through and that is all they will ever do.
As per the concord agreement (as it stands at present) re money distribution to teams, if the grid thin-out to 10 teams, the teams at the back will be much better off.


October 23, 2014 12:18 PM

F1 » F1: McLaren confirms Michael departure

LoveF1: Ron Dennis strikes me as the kind of boss who will be leaning over your shoulder looking at what you're doing, instead of leaving the room and letting you get into your zone and get on with your work! Instead of doing it the quiet, motivational and more effective way, he'd be walking around the building like some mafia boss, letting everybody know who's boss! Maybe I'm wrong, but I've always had that impression......
He is the kind of person that while with his right hand he is shaking yours with his left hand he is driving a knife into your back, go ask Jean Totd.

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