QUOTE (loki @ Feb 14 2010, 00:04)

For the most part they all bought an existing team that had mature, stable operations already in place. Why move them and have to relocate staff and equipment plus the downtime to relocate. A wind tunnel, even a scale tunnel isn't that easy to move. Toyota already had a European motorsport operation, they just added F1. In spite of well over a billion dollars invested how did they do? Good thing they were in Europe or they might not have done so well. How's that European base thing working out for Campos? How did it work out for Minardi, Jordan, Jaguar. If you have a map or a globe handy you may wish to check the distances and travel times between Japan and Europe and North Carolina and Europe.
Honda have all the facilities at their disposal in Japan to make their own F1 cars - and they have, over the years, produced a few. They decided that they would rather operate through an existing F1 team in the UK. Renault decided that they would follow this same path - again they have the capability of going it on their own. Toyota had a rally base in Germany, you are right, and thought they could work their F1 base from there...
Honda, let us not forget, won the WDC and WCC last year without their name on the car; their investment paid off, they just weren't around to enjoy it.
Minardi were based in Italy. Jordan were in contention for the WDC in '99, won races, and then missed out in the race for manufacturer backing. Jaguar were a corporate wet-dream gone wrong, taking over an increasingly competitive Stewart Grand Prix; since Red Bull have taken over, and run it like an F1 team - instead of simply a corporate PR operation - they seem to be doing OK....an Austrian team, you understand...
Anyway, the point I've been making all along is exactly the one that you later agreed with as a "fair assessment"..

So, I'm not sure on what basis you've been disagreeing with me anymore...