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Campos is for sale, will now take SGP the 13th F1 slot for 2010 ?

Started by brabham bt50 , Jan 08 2010 22:55

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23 replies to this topic

#1 brabham bt50

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Posted 08 January 2010 - 22:55

Campos is already for sale according to the reliable ( Autosport editor/ part-time journalist ) Dieter Rencken.

http://www.motorspor...t_10010814.html

Will now take SGP the 13th F1 slot for 2010 instead of Campos ?

The business plan from Campos will be different than the one the FIA has checked and has the FIA
made decide to put them on the list of 13 F1 Teams, if Campos will be ( partly ) sold.

What are the rules, how will it work out ?

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#2 brabham bt50

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Posted 08 January 2010 - 22:59

And what will happen to driver Bruno Senna, a Kubica like of situation will appaer.

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#3 DFV

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Posted 08 January 2010 - 23:03

Campos is already for sale according to the reliable ( Autosport editor/ part-time journalist ) Dieter Rencken.

http://www.motorspor...t_10010814.html

Will now take SGP the 13th F1 slot for 2010 instead of Campos ?

The business plan from Campos will be different than the one the FIA has checked and has the FIA
made decide to put them on the list of 13 F1 Teams, if Campos will be ( partly ) sold.

What are the rules, how will it work out ?

This has already been posted in the official Campos Meta Team thread. http://forums.autosp...howtopic=111348

It's so much easier to discuss the same issues in just one thread.

Moderators, please merge with the existing thread

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#4 brabham bt50

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Posted 08 January 2010 - 23:07

This has already been posted in the official Campos Meta Team thread. http://forums.autosp...howtopic=111348

It's so much easier to discuss the same issues in just one thread.

Moderators, please merge with the existing thread

I do not agree, this is the question who will get the 13th f1 slot for 2010, SGP or new owners
Campos ?

It is a new thread, not belonging under the Campos Meta thread.

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#5 Nuvol

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Posted 08 January 2010 - 23:09

Campos just wants to raise the capital as renault did. no need for new thread

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#6 Captain Tightpants

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Posted 08 January 2010 - 23:15

This has already been posted in the official Campos Meta Team thread. http://forums.autosp...howtopic=111348

Not only there, but it's appeared in the 2010 Silly Season thread, the Stefan GP thread, the thread on Ecclestone putting financial pressure on the new teams - and they've all been posted by the same person.

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#7 robracer

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Posted 09 January 2010 - 09:34

The link says no page found. But if they are for sale then Prodrive or Lola should buy them.

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#8 Captain Tightpants

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Posted 09 January 2010 - 09:46

http://www.autosport...rt.php/id/80780

This article makes it pretty plain that the team is not for sale, but rather that Adrian Campos is considering bringing in additional investors.

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#9 TheF1PERSON

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Posted 09 January 2010 - 09:56

I have to wonder whether Campos are going to sell a majority share, including the naming rights, to Texiera.

But I don't see the point of this thread when all the discussion on the topic could take place in the Campos Meta thread.

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#10 Captain Tightpants

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Posted 09 January 2010 - 10:06

I have to wonder whether Campos are going to sell a majority share, including the naming rights, to Texiera.

There's nothing in that article on naming rights. They're probably only going to sell off a small portion of the team so that Campos can maintain the majority holding. If he sold off any more than 50% of the team, it would probably have to be approved by someone else.

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#11 TheF1PERSON

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Posted 09 January 2010 - 10:14

They might want to keep the majority shareholding, but you have to wonder if they'll be able to.

But let's just see how this goes. If they don't get a shareholder by Thursday, there's problems.

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#12 Captain Tightpants

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Posted 09 January 2010 - 10:22

They might want to keep the majority shareholding, but you have to wonder if they'll be able to.

They're operating on forty-eight million Euros. If the investor buys 49.9% - thus giving Campos a controlling stake by just 0.1% - then the tam are effectively operating on a budget of seventy-two million Euros. That's a lot of money; Lotus have the highest budget of the four new teams and they're doing it on just fifty-five million.

But let's just see how this goes. If they don't get a shareholder by Thursday, there's problems.

Tuesday? How do you figure that? What's happening on Tuesday?

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#13 Vereint

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Posted 09 January 2010 - 10:24

This has already been posted in the official Campos Meta Team thread. http://forums.autosp...howtopic=111348

It's so much easier to discuss the same issues in just one thread.

Moderators, please merge with the existing thread

I wouldnt have known about this had there not been a new thread. Keep it seperate.

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#14 Captain Tightpants

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Posted 09 January 2010 - 10:37

Keep it seperate.

It's not that he kept it separate, it's that he posted it in five ther threads before creating this one.

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#15 brabham bt50

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Posted 09 January 2010 - 10:45

It's not that he kept it separate, it's that he posted it in five ther threads before creating this one.

Tightpants, relax, it is not unusual to post in other treads new developments, if you do not want to read
it, skip it, take care of your hangover instead

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#16 TheF1PERSON

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Posted 09 January 2010 - 10:51

But let's just see how this goes. If they don't get a shareholder by Thursday, there's problems.
Tuesday? How do you figure that? What's happening on Tuesday?

I said Thursday

The newcomer team Campos can still be sold partially or whole before the season start in March. From information that the paper has they are searching for potential investors. Campos is one of the 4 new teams who will enter F1 in 2010. With Bruno Senna already 1 driver seat has been filled. In the beginning of February the team will test for the first time, however the money is tight.

"It's no secret that we don't have the budget. And the time is limited", says one source close to the team. "When we find an investor, negotiate, if we can sell a part or the whole team. For that to happen the investment plan must be solid."

The paper says they are talking with multiple interested parties. One of thes the boss of A1GP, the South African bussinesman Tony Teixeira. He already has longer plans to enter F1. He was interested in Spyker and Toro Rosso before. But then he was hindered by the ban on customer chassis. At the start of 2009 he tried to take over the ex-Honda team so he could shortly make his own team.

At Campos men knows that the time is short. nonetheless the hope to have found an investor before the 14th of Januari.

14th January is a Thursday.

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#17 Captain Tightpants

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Posted 09 January 2010 - 10:54

Ah. Well, I don't read German so I wasn't to know.

And I wouldn't say they're in trouble if they don't have an investor by the 14th. They have only said that they are considering bringing one in. It doesn't mean they will or that they have to.

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#18 Muzzinho

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Posted 09 January 2010 - 11:01

Campos is the most deserving to be on te grid of the new teams.

They are a solid race team. They have signed talented driver unlike USF1. They have Dallara building the car and it will be the fastest of the new teams. It will be a shame if they are not able to make it.

Campos is a racer and not some ownerwitha passing interest in F1 ala Branson/fernandes.

Campos :up:

Brabhambt50 :up:

Me

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#19 The Ragged Edge

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Posted 09 January 2010 - 11:06

http://www.autosport...rt.php/id/80780

This article makes it pretty plain that the team is not for sale, but rather that Adrian Campos is considering bringing in additional investors.

Code for; "I'm struggling to find sponsors, but pretending to the world everything is fine, and my need to find additional investors is because I cannot finance the operation myself, as the team is currently structured" Nobody in their right mind brings in additional investors, if they can fund the venture themselves. Why share the profits? Out of altruism. :rotfl:

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#20 Captain Tightpants

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Posted 09 January 2010 - 11:40

Nobody in their right mind brings in additional investors, if they can fund the venture themselves.

Well, yeah ... but my point is that it's not the outright sale everyone simply assumed it to be.

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#21 Red 5

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Posted 09 January 2010 - 12:14

A way back in for Flavio? The buy-in price would be small change to him and even if he didn't participate in the day to day running of the team it would still be a massive "up yours" to the FIA.

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#22 Captain Tightpants

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Posted 09 January 2010 - 12:20

A way back in for Flavio? The buy-in price would be small change to him and even if he didn't participate in the day to day running of the team it would still be a massive "up yours" to the FIA.

Briatore is so arrogant that he wouldn't consider joining anything less than a top team. And if Campos wouldn't take Nelson Piquet, it's unlikely they'd take Piquet's conspirators.

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#23 Red 5

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Posted 09 January 2010 - 12:37

Briatore is so arrogant that he wouldn't consider joining anything less than a top team. And if Campos wouldn't take Nelson Piquet, it's unlikely they'd take Piquet's conspirators.

But Piquet was crap :lol:

Flavio isn't a complete fool and he knows no top team will touch him, if he wants to get back in then he has to start at the bottom.
It would be a good solution for both parties.

Edited by Red 5, 09 January 2010 - 12:40.

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#24 Buttoneer

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Posted 09 January 2010 - 17:25

This subject is being discussed here, and here, as well as here, and it can also be discussed in the Campos meta thread too. This thread is therefore going to be closed.