Hopes fading for Manor’s Future
Sources close to the Manor team which went into administration last week suggest that there hopes of competing this season are fading as the team has a week to find a buyer.
The company which runs the team Just Racing Services went into administration last week after the team failed to find an investor that would secure its future. While the team is it pursuing all possible avenues to secure its future, time is running out.
Its understood that the team is ready to put there 2017 car into production, but the administrators FRP has block the team putting it into production. This is to protect the teams creditors. Manor is thought to be a situation where it could still be ready for Melbourne, but it needs to find an investor before the end of next week.
A source close to the situation indicated that the deadline to find a solution is January 20. After that, the fate of the team will be sealed.
Renault not apponiting direct sucessor
Autosport say that they have learnt that Renault will not be appointing a direct successor to replace team prinpical Fred Vasseur.
Yesterday, it was announced that the Frenchman had parted company with the tea by ‘mutual consent’, following a difference of opinion among senior management about Renault’s vision for its future in F1.
Speaking at the press day at Autosport International managing director Cyril Abiteboul told the press Vasseur would not be replaced directly. “As far as I’m concerned we will not replace Fred in the capacity of team principal” Abiteboul said.
“We don’t feel shocked or weakened by the announcement. It was something that was discussed at length with Fred. We tried to make it work, but at some point in time, when it’s obvious that it doesn’t work, we have to make a decision and move on.”
“If we feel we are weakened or held back by the fact we don’t have a team principal, we will take action, but I don’t think that is a necessity at this point in time.” Abiteboul added.
The magazine says they understand progress had been made building up there bases in France and the UK which should allow Abiteboul to attend every F1 race this year.
He says he belives the revamped team means it can absorb the lost of Vasseur without hiring a replacement. “We have a lot on our plate but we have a structure that is very robust and in which I personally believe,” Abiteboul said.
Crucial week for Liberty takeover
Libery Media’s planed takeover of Formula One is set for discussion at next weeks extraordinary meeting of the World Motor Sport Council. Next week is set to be a key week for the deal, as the shareholders are likely to agree the takeover of the sport by the US media ginat.
Last year the company agreed to buy a 19.1% stake in the business and said they were looking to investors to fund the £3.3 bn takeover of the sport. In December Liberty said it had rasied some off the money needed and later that month that it had cleared one of its last remaining hurdles with approval of its purchase of F1 having been given by the appropriate anti-trust authorities
A statement read “Closing of the acquisition remains conditioned upon approval by Liberty Media’s stockholders of the issuance of LMCK shares in connection with the acquisition at a special meeting scheduled for Jan 17, 2017 and approval from the Federation Internationale de l’Automobile, the governing body of Formula 1.
“The acquisition is still expected to close before the end of the first quarter in 2017” This also will see the WMSC meeting the day before as well as a stragtey group and commison meeting.
I had a heart attack,but raced three weeks later – Brundle
Sky F1’s Martin Brundle has revealed the reason why he missed last years Canadian Grand Prix, the former F1 driver says when her was running to interview the top three at the previous race he suffered a heart attack.
Brundle a former racing driver turned broadcaster is credited with creating the televised grid walks before F1 races. The Englishman now splits his time between the role of analyst and commentator alongside David Croft. Brundle missed the canadian Grand Prix, but was able to race three weeks later at Le Mans.
Speaking ahead of this weekends Autosport show he explained “I ended up with a 23mm stent in my left arterial descending. So I didn’t think I could do the race and the cardio guy said ‘yeah, you can do the race, just don’t forget your blood thinners’.
“I went to Palmersport and did 75 laps in a car and thought ‘yeah, I can do this’. I had bruises coming out of my chest but I thought ‘I love Le Mans, I’m not going to miss this'”
Kvyat returned to his best – Tost
Toro Rosso team prinipcal Franz Tost, has tipped Daniil Kvyat to return to his best this season following a confidence kock following his demotion last may from Red Bull.
The Russian was demoted to allow Max Verstappen to take his seat after he was wanted by other teams as he showed so much potential. This caused his performance to drop off, as speculation over his future mount Kyvat began to deliver.
Tost told Motorsport.com “”I was 100 percent convinced that he could come back [to his best] because he showed in the past that he could do it. In sports in general, you have ups and downs.”
“But if a driver – or a sportsman in general – shows that he can win races and championships, then you know he has in mind all the ingredients he needs to be successful.” Tost added that this convinces him that Kyvat is coming back and that he can be successful in 2017.
He added he thinks last year’s Singapore Grand Prix weekend was the turning point for Kvyat, who had faced a battle to keep hold of his Toro Rosso seat. Tost says a big turnaround was in Singapore “ where he really showed a good race and qualifying as well. And also afterwards he showed good performance. Therefore for me it was clear that he should continue with us.”
Teams to hide performance – Hembery
Pirelli Motorsport Director Paul Hembery says that some teams will try to hide their performance and try to stand bag during testing. This season brings more aggressive cars because of new aero regulations and wider tyres aimed at mixing up the grid.
Hembery says the ture pace will not been known in the tests in Barcelona. Speaking at the press day at Autosport International Hembery said “We really won’t know in Barcelona testing where the teams are as that’s a period where they won’t want to show their hand.”
“There will be a lot of people trying to hide their true performance level or maybe wondering what they need to do because they can’t even get close to some of the teams who are maybe sandbagging.” He added. Hembery says Melbourne the season opener always trows up strange results.
He confirmed the tyres will have very low degradation and more grip, with them expecting “fewer tyre changes” during races. But there has beenconcerns that the mule cars aren’t giving up the right levels of downforce that are expected with the new regulations.
Hembery said “The problem we have got is that we have been testing with cars that are five seconds slower than what we’re actually going to see in Barcelona. From a compounding aspect, it is a bit of a challenge for us because it’s a very small window we’re working with.”
He also added that there are current negotiations over carrying out more tests before offical pre-season testing.