Charouz buying Renault F1 for David Richards?
#1
Posted 17 September 2009 - 11:41
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#2
Posted 17 September 2009 - 11:43
#3
Posted 17 September 2009 - 11:45
#4
Posted 17 September 2009 - 11:45
#5
Posted 17 September 2009 - 11:47
Charouz Racing Systems is a partner of Prodrive since last year, when they were the first to start running a Lola-Aston Martin in LMS. Jan Charouz (probably the son of the company's founder/CEO) is an Aston Martin Racing driver now.
Interesting but its the "bought for" Dave Richards that I am confused about
Richards owns a massive empire in motorsport aswell as Aston Martin cars surely he is far more wealthy than Charouz and would be able to afford Renault himself without asking someone to buy it for him
#6
Posted 17 September 2009 - 11:48
Interesting but its the "bought for" Dave Richards that I am confused about
Richards owns a massive empire in motorsport aswell as Aston Martin cars surely he is far more wealthy than Charouz and would be able to afford Renault himself without asking someone to buy it for him
If this is true, then it's probably a bit of a "subcontracting" from Prodrive.
#7
Posted 17 September 2009 - 11:49
#8
Posted 17 September 2009 - 11:52
Just got a mail from a reliable source that Charouz Racing Systems bought the Renault F1 Team for David Richards.
Not the best of times to buy Renault f1 is it? why not wait until after the hearing? Or they got it really really cheap (around 0 Euro)
#9
Posted 17 September 2009 - 11:54
#10
Posted 17 September 2009 - 11:55
Not the best of times to buy Renault f1 is it? why not wait until after the hearing? Or they got it really really cheap (around 0 Euro)
Perhaps they've had a quiet word with Bernie and Max?
#11
Posted 17 September 2009 - 11:55
Maybe it's just Dave Richards called in to step up into Flav's flip-flops?
Now that wouldn't be so interesting would it?
#12
Posted 17 September 2009 - 11:59
#13
Posted 17 September 2009 - 12:01
Oh wait, did he really say that?
#14
Posted 17 September 2009 - 12:01
Not the best of times to buy Renault f1 is it? why not wait until after the hearing? Or they got it really really cheap (around 0 Euro)
I think it's a very good time for Renault to sell. If they're banned the situation would be more difficult. This way they say to the FIA: Look, we fired Briatore and Symonds and we quit, no reason to punish us hard.
Max will have it his way, Renault acts in a responsible way to the guys working at Enstone, and everything's well.
#15
Posted 17 September 2009 - 12:02
It not THAT weird, I can sort of understand it, Charouz has financed Prodrive and if both wanted to go into F1 it does work. But it might be adding 2 and 2 to make aleph null.How reliable is your source? Sounds "weird" at the minute isn't it?
#16
Posted 17 September 2009 - 12:05
#17
Posted 17 September 2009 - 12:05
I think it's a very good time for Renault to sell. If they're banned the situation would be more difficult. This way they say to the FIA: Look, we fired Briatore and Symonds and we quit, no reason to punish us hard.
Max will have it his way, Renault acts in a responsible way to the guys working at Enstone, and everything's well.
I'd agree with all that, only real question would be what would happen with the engine operation, I'm not fully clued up, but are they built at Enstone too? F1 still needs that engine.
#18
Posted 17 September 2009 - 12:09
I'd agree with all that, only real question would be what would happen with the engine operation, I'm not fully clued up, but are they built at Enstone too? F1 still needs that engine.
Just had a look, looks like they are made in France, Renault to become Engine supplier only, had their best days that way... (well in my living memory anyway)
#19
Posted 17 September 2009 - 12:09
I'd agree with all that, only real question would be what would happen with the engine operation, I'm not fully clued up, but are they built at Enstone too? F1 still needs that engine.
No the engines are totally french made.
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#20
Posted 17 September 2009 - 12:09
I'd agree with all that, only real question would be what would happen with the engine operation, I'm not fully clued up, but are they built at Enstone too? F1 still needs that engine.
What about reviving Mecachrome?
#21
Posted 17 September 2009 - 12:10
What about reviving Mecachrome?
Briatore owns Mecachrome I don't see Renault doing business there
#22
Posted 17 September 2009 - 12:10
Who the hell am I supposed to support next year with all these awesome changes?Brilliant if true. Only two pieces of the awesome-puzzle remain; Aston Martin and that Gulf livery.
Aston/Gulf in F1.? I'm still cheering at the Lotus Venture.
Will they use Cosworth engines?
Edited by gm914, 17 September 2009 - 12:11.
#23
Posted 17 September 2009 - 12:16
Briatore owns Mecachrome I don't see Renault doing business there
Also it looks like there not long for this world "In late 2008, the company sought legal protection from creditors in Canada after they defaulted on their publicly held bond" - Wikipedia.
Wouldn't really matter anyway, surly they could be re-branded as anything, Merc appears to make it work as engine supplier (in face, it appears a good business model at the moment), no reason Renault couldn't, keeps their involvement too.
#24
Posted 17 September 2009 - 12:19
Briatore owns Mecachrome I don't see Renault doing business there
Ooops, forgot about that....
#25
Posted 17 September 2009 - 12:29
Also it looks like there not long for this world "In late 2008, the company sought legal protection from creditors in Canada after they defaulted on their publicly held bond" - Wikipedia.
Wouldn't really matter anyway, surly they could be re-branded as anything, Merc appears to make it work as engine supplier (in face, it appears a good business model at the moment), no reason Renault couldn't, keeps their involvement too.
Honda didn't want to continue as an engine supplier, nor do BMW when they pull out. You would think if there were a profit in it they would do it. I suspect there is only a real profit for a supplier who is active in F1.
#26
Posted 17 September 2009 - 12:41
Honda didn't want to continue as an engine supplier, nor do BMW when they pull out. You would think if there were a profit in it they would do it. I suspect there is only a real profit for a supplier who is active in F1.
True, I may be living in more hope than reality, but the sport needs more engine options, not less.
#27
Posted 17 September 2009 - 12:42
True, I may be living in more hope than reality, but the sport needs more engine options, not less.
Under the current rules it barely matters, but F1 has survived with less engine manufacturers.
#28
Posted 17 September 2009 - 13:05
Or maybe it wasn't bought by Dave Richards. Maybe it was sold by Renault, to Dave Richards!Not the best of times to buy Renault f1 is it? why not wait until after the hearing? Or they got it really really cheap (around 0 Euro)
#29
Posted 17 September 2009 - 13:08
Or maybe it wasn't bought by Dave Richards. Maybe it was sold by Renault, to Dave Richards!
euhm?
#30
Posted 17 September 2009 - 13:10
Never heard of Charouz I would have thought that Richards could more than afford Renault himself if he wanted it
Very rich Czech. Is basically funding the Aston Martin LMP1 programme through Prodrive. One of the three Gulf Aston Martin cars is entered under the AMR Eastern Europe banner, which is basically the money that payed for the "Charouz Racing System" team over the past couple of seasons.
Obviously no evidence other than the allegedly good source of the OP, but the idea is no less stupid than Brawn sounded last December.
Ben
Edited by Ben, 17 September 2009 - 13:14.
#31
Posted 17 September 2009 - 13:12
Just got a mail from a reliable source that Charouz Racing Systems bought the Renault F1 Team for David Richards.
It doesn’t sound right. David Richards has connections with Kuwait investors. Charouz Racing Systems has the experience of F3000 and A1GP but I don't think that Czech company has sufficient resources for F1 team buyout. Some kind of cooperation would be more plausible but still it looks like Renault want to stay.
Edited by JSK, 17 September 2009 - 13:13.
#32
Posted 17 September 2009 - 13:27
In response to the earlier post about it not being a good time to buy the Renault F1 team, I was trying to make the point that maybe D Richards did not actively purchase the team. Maybe Reanault, knowing they were about to leave the sport, went to D Richards and sold it to him! A subtle difference I know, but significant nonetheless!euhm?
#33
Posted 17 September 2009 - 13:31
Charouz could very easily afford to buy the Renault F1 team; especially as a joint exercise with Dave Richards, or Prodrive, or both.Never heard of Charouz I would have thought that Richards could more than afford Renault himself if he wanted it
Perhaps Charouz is acting as a proxy fro Dave Richards, because Max is no great fan!
Will it automatically become the Aston Martin F1 team, in Gulf colours? That's the key question!
#34
Posted 17 September 2009 - 13:37
#35
Posted 17 September 2009 - 13:43
#36
Posted 17 September 2009 - 13:50
Well that's not quite true. What is a fact is that since 2005 Dave Richards has been on the fringes of re-entering F1 with a Prodrive team. In that time his business has changed, in that he has now, with the help of Middle Eastern investors, bought Aston Martin from Ford. Prodrive have established an significant Aston Martin motorsport department, part of which has them running an LMP team.Since 2005 Dave Richards coming in F1 (every year with another team).
That LMP team has Gulf sponsorship (which is most famous for it's sponsorship of the Ford GT40 Le Mans cars back in the day) and a connection with Charouz.
So the truth is that Dave Richards has been on the edge of F1, and regularly said as much, for a long time, but he has also said he would only come back in when it made financial sense to do so.
Maybe now, with the financial backing from the middle East and Charouz as a partner, it's that time.
#37
Posted 17 September 2009 - 14:02
In response to the earlier post about it not being a good time to buy the Renault F1 team, I was trying to make the point that maybe D Richards did not actively purchase the team. Maybe Reanault, knowing they were about to leave the sport, went to D Richards and sold it to him! A subtle difference I know, but significant nonetheless!
but richards still has to buy the team, a team that may get excluded.
#38
Posted 17 September 2009 - 14:04
Point taken...but richards still has to buy the team, a team that may get excluded.
#39
Posted 17 September 2009 - 14:08
maybe the punishment is forced selling....but richards still has to buy the team, a team that may get excluded.
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#40
Posted 17 September 2009 - 14:08
Does anyone know for certain?
#41
Posted 17 September 2009 - 14:16
#42
Posted 17 September 2009 - 14:23
#43
Posted 17 September 2009 - 14:23
Are you kidding?That's the reason why nobody takes him serious anymore.....even if it's true.
#44
Posted 17 September 2009 - 14:30
In 1997, when Flavio Briatore was fired as Director of the Benetton team, Richards replaced him. However, his tenure only lasted one year, as he could not agree a long term strategy with the team-owning Benetton family.
What a coincidence !
Dejavu
#45
Posted 17 September 2009 - 14:56
#46
Posted 17 September 2009 - 16:32
I doubt that news very much. I remember Charouz running rally cars in ERC and there always been a problem with something. It was the same in A1GP - only one win over 3 seasons. I'm sure if Richards want to find his way to F1 he will come with better idea than this one...
Charouz has been very competitive in Le Mans. In 2007 Le Mans series and Le Mans 24 their LMP1 car had the quickest pace among the petrol powered cars. They're now partnered with Aston Martin Racing for Le Mans. They know how to race at this level
#47
Posted 17 September 2009 - 16:35
I agree.Charouz has been very competitive in Le Mans. In 2007 Le Mans series and Le Mans 24 their LMP1 car had the quickest pace among the petrol powered cars. They're now partnered with Aston Martin Racing for Le Mans. They know how to race at this level
#48
Posted 17 September 2009 - 17:02
I'm sure Richards has a couple of pennies, but he and Prodrive alone can certainly not afford an F1 team.Interesting but its the "bought for" Dave Richards that I am confused about
Richards owns a massive empire in motorsport aswell as Aston Martin cars surely he is far more wealthy than Charouz and would be able to afford Renault himself without asking someone to buy it for him
He will surely need investors to raise a significant portion of the money needed to purchase the team.
#49
Posted 17 September 2009 - 19:58
Interesting but its the "bought for" Dave Richards that I am confused about
Richards owns a massive empire in motorsport aswell as Aston Martin cars surely he is far more wealthy than Charouz and would be able to afford Renault himself without asking someone to buy it for him
Charouz is quite rich businessman himself, he runs AMR, has lots of connections in Czech Republic...
But this is the Nth rumour for Renault buy-out, so may be w/o Flav it's much easier to sell
#50
Posted 17 September 2009 - 20:10
another info in eng: http://racing.charou...EN/chrs_en.html