I believe the point of contntion has more to do with the date by which the sponsorship money will be paid and how it is going to be paid to the team.

Issues like this are usually resolved by putting the said funds into a escrow account and at prearranged dates providing the terms are kept to, the monies will be paid to said party.

Teixeira linked with Campos role

By Jonathan Noble and Dieter Rencken
Saturday, January 9th 2010, 09:22 GMT

A1GP boss Tony Teixeira has been linked with a deal to buy into the new Campos Grand Prix team, with the Spanish outfit considering options to bring in outside investors.

Campos Meta is pressing on full speed ahead with its preparations to join the grid in 2010, but having not yet signed off all the sponsorship deals it needs, it is looking at other potential revenue streams - which includes bringing an investor on-board.

Sources have revealed that one of the options being looked at is for Teixeira to buy a part of the team – which would give the outfit a financial boost on the eve of the season.

It is understood that Teixeira is one of several interested parties that the team is in talks with as it works on finalising its 2010 budget.

Teixeira has made no secret of the fact that he has looked at options within Formula 1 – having been one of the parties interested in buying the former Honda team at the beginning of 2009.

Speaking in February last year, Teixeira told AUTOSPORT: "I was one of the guys talking to Honda in the last two weeks. We had done a deal on Spyker, but I let Vijay [Mallya] take it... We then went to Toro Rosso in November and all the [other] teams said 'no customer cars' so I had to walk away.

"Today I'm in a completely different situation. I've built my own cars and designed my own chassis. I have my own factory. So I'm not a customer boss. I can now build my chassis and run with a Ferrari engine. I'm now the same as everyone else."

Dallara is finishing off the Campos Meta car, which the team hopes to run for the first time in February – even though it may not make the first test at Valencia.

Bruno Senna is the only driver who has been confirmed by Campos so far, with the team continuing negotiations with a second driver.

Interesting. I thought after how he (mis)managed A1GP he would have no integrity and credibility left. Perfect for F1!

Things are even more uglier and worse for Campos than I assumed, according to former Autosport editor Joe Saward

http://www.grandprix.com/ns/ns22023.html

http://www.virutasdegoma.com/?p=10501

A Campos: "We'll be in the track this season without a doubt but first we have to solve some problems. We've got many options, all of them viable, so we must see which one we should choose. The presentation date is not decided but it will be one. Bruno Senna is aware of everything and he's not worried. It's possible that new partners arrive but there is many people interested and that's just one way to do it. It's not easy but not worst than other thing we've done before. I know there has to be rumours but most of them are far from reality, I don't know where they come from. Many lies been said and we don't know with what intention. We're working, we stay calm"

That's encouraging news to see. Just hope the new shareholder doesn't screw up the team.

I can see why Campos outsourced development of their car to Dallara, since they designed the GP2 car that Campos raced, and therefore it's a case of picking up where they left off.

Only difference was that Dallara designed the GP2 car for GP2, whereas this is a specific car for Campos.

Still, I wish them the best of luck in getting a shareholder so they can pay Dallara for the car.

Or they could be absorbed into Prodrive, which would have a better chance of survival.

As as Spaniard , I could Tell the word of Adrian Campos aren´t the best to trust.

I hope thar Campos will be at barhein , but i´m not very optimistic.

According to ms-total.com Bernie does not wand Tony Teixera to take over Campos. They are reporting the chance or merging the Campos and StafanGP project, meaning Campos racing with the TF110 with Toyota engines and Senna and Nakajima as drivers.

According to ms-total.com Bernie does not wand Tony Teixera to take over Campos. They are reporting the chance or merging the Campos and StafanGP project, meaning Campos racing with the TF110 with Toyota engines and Senna and Nakajima as drivers.

According to ms-total.com Bernie does not wand Tony Teixera to take over Campos. They are reporting the chance or merging the Campos and StafanGP project, meaning Campos racing with the TF110 with Toyota engines and Senna and Nakajima as drivers.

According to ms-total.com Bernie does not wand Tony Teixera to take over Campos. They are reporting the chance or merging the Campos and StafanGP project, meaning Campos racing with the TF110 with Toyota engines and Senna and Nakajima as drivers.

That is absolutely false, nowhere in this article it is mentioned that Campos and Stefan GP could or will merge. The essential of the article is that if Campos will not make the F1 grid in 2010, StefanGP could take their place, and because of the Toyota-StefanGP-Nakajima links a seat at Stefan GP for Nakajima could become available !!!

The boss of the new Campos Meta 1 team has denied speculation about them lacking the funds to survive and insists they will be on the 2010 grid.

Adrian Campos admitted to BBC Sport that he was looking for more money but said: "We will be at the first race."

Sources say Campos is talking to South African businessman Tony Teixeira about taking a shareholding in the team.

"We are talking with people who would like to be shareholders," added Campos. "We expect to have more investors."

Campos, who has set up the team in partnership with Spanish businessman Jose Ramon Carabante, was responding to widespread rumours in F1 circles that the team was on the verge of collapse.

"People speak too much and make trouble for us," he stated.

"I don't want to sell my part of the team and I will remain the team principal - the condition to be a shareholder is to accept all the existing contracts.

"We are looking for investors and sponsors but the project is very much alive."

Campos added that with the money provided by F1 boss Bernie Ecclestone's Formula 1 Management company and the funds that will be provided by a yet to be confirmed second driver, "we are very near a budget".

Italian race-car constructor Dallara, which is building the Campos car, confirmed to BBC Sport that the team was up to date with its payments.

"It is not true, not from our side at least [that Campos are behind on payments]," said Dallara chief executive officer Andrea Pontremoli. "We are still proceeding to build the car and it has passed its crash tests."

Campos said he expected the car to run for the first time at the third of the four F1 pre-season tests on 17-20 February.

One source told BBC Sport that Campos had come to a deal in principle to sell a major shareholding to Teixeira, who was to spend this week completing due diligence on the team.

Campos, a former F1 driver, would not confirm that he was talking to Teixeira but said: "People speak about Teixeiria, but we are talking to others [as well]."

Teixeira is the former boss of the now defunct A1 Grand Prix series and was linked last winter to a buy-out of the former Honda team that became Brawn and went on to win the world championship in 2009.

Sources say another option for Campos would be to sell to Serbian Zoran Stefanovich, who is trying to set up a team called Stefan Grand Prix.

This option, though, would involve Stefanovich buying Campos's entry but not using any of the other contracts - including Dallara.

Stefanovich is reported to have secured an agreement to use the car that the former Toyota team designed and built in preparation for 2010, following the Japanese manufacturer's decision to quit F1 at the end of last season.

Campos said that the team-mate for Bruno Senna, the nephew of the late F1 legend Ayrton, would be another novice driver.

Campos admitted he was in talks with former GP2 drivers Vitaly Petrov of Russia and Venezuelan Pastor Maldonado but said there was a third driver in the running, who he would not name.

http://news.bbc.co.uk/sport1/hi/motorsport...one/8453054.stm

There is information in the BBC article which is not true, it is the piece

Campos added that with the money provided by F1 boss Bernie Ecclestone's Formula 1 Management company and the funds that will be provided by a yet to be confirmed second driver, "we are very near a budget".


There is no money provided by Ecclestone at the moment, because the 10 million dollar payment which Ecclestone has promised Campos will only be paid once the F1 2010 season is already underway, since if the money was paid before the F1 2010 season started, Campos could pocket the money and go into voluntary administration, without any way for Ecclestone to pursue them.

According to ms-total.com Bernie does not wand Tony Teixera to take over Campos. They are reporting the chance or merging the Campos and StafanGP project, meaning Campos racing with the TF110 with Toyota engines and Senna and Nakajima as drivers.

Interesting that Campos didn't mentioned negotiations with other Spanish driver. Maybe the 3rd driver role will be his.

Italian press says that Bruno could go to Toro Rosso.

What would have changed in the meanwhile?

Soucek: "Is true, I am negotiating with Campos. And even though the situation is difficult at this time, it's a viable option in more."

http://tazio.uol.com.br/f-1/textos/15904/

http://news.bbc.co.uk/sport1/hi/motorsport...one/8453054.stm

There is information in the BBC article which is not true, it is the piece

Campos added that with the money provided by F1 boss Bernie Ecclestone's Formula 1 Management company and the funds that will be provided by a yet to be confirmed second driver, "we are very near a budget".


There is no money provided by Ecclestone at the moment......

Bruno had negotiated with Toro Rosso in 2009, IIRC.
But the negotiations ended because he didn't have sponsorship money to offer at the time.
At the time Berger was partially owner and advised Bruno. After Berger leaved, Bruno only had a chance as a pay driver.

What would have changed in the meanwhile?

Soucek: "Is true, I am negotiating with Campos. And even though the situation is difficult at this time, it's a viable option in more."

http://tazio.uol.com.br/f-1/textos/15904/

RT @vitonez: Não é hora para dizer isso, mas pode ser que Senna deixe a Campos.

If Senna leaves Campos, where would he go?

There's nowhere for it. And I think the Brazilian press tend to over-state things when it comes to Brazilian drivers.

The issue is that some part of the Brazilian Press needs to put Senna racing (Rede Globo, the TV rights owner. They even put a report about his physical preparation today on his main nightly news program), but at the same time, there's other part who shows the "not-so optmistic side" of the situation, and this side is used to get right.

En estas circunstancias, la única salida que les ha quedado ha sido la venta de una parte de su accionariado. Y la operación ya está cerrada con Pedro Teixeira, un empresario surafricano que lleva tiempo intentando hacerse con un equipo de Fórmula 1. El acuerdo se hará público en las próximas horas y se conocerán algunos detalles más sobre el mismo. De momento, AS ha podido saber que Teixeira pagará entre tres y cuatro millones de euros, aunque se desconoce el paquete del acciones que se corresponde a tal aportación.

I understand nationalism by the press, but the Twitter update suggests Senna will leave Campos. Given the pro-Brazil support the media unashamedly hands out, theunspoken implication is that Senna will go elsewhere.

Actually no, that's not the tone of that message. It sounds rather negative.

Yes, negative, but they've overlooked the notion that there's not really anywhere else for him to go. Sure, there's a Toro Rosso, but the Brazilian press like the Brazilian drivers to be in the best possible position. If Toro Rosso is better than Campos, it's not by much.

Well I'd say the fact that Torro Rosso are a current real racing team with funding puts them head and shoulders above Campos.