Ferrari holds firm in world economic crisis
February 17, 2010 by Negative Camber
Filed under Parc Fermé, Prime & Option, Top Story
In a difficult economy, Ferrari seems to be holding its own. This according to the Italian luxury sports car maker at its board meeting to review the 2009 financial results. Across vertical industries the recurring theme has been a 20-35% reduction in revenues and that is no different in the luxury sports cart [...]
Tony George out: and you thought the France family was odd…
January 20, 2010 by Negative Camber
Filed under Other Racing, Parc Fermé, People & Events
In a not-so-surprising move, Tony George has stepped down from serving on the board of IMS. After being removed by his own family as President, George remained on the board…until now according to ESPN.
That’s not the shocking thing for me. No, the shocking thing is the bizarre statement made by his own mother [...]
Renault to stay in F1
November 5, 2009 by Negative Camber
Filed under Prime & Option, Top Story
Renault’s managing director Jean-François Caubet insists the the can maker is fit to stay in F1 for 2010.
“We have already contracted our drivers, had our budget approved and are enrolled in the world championship,” Caubet told daily sports newspaper L’Équipe. “Season 2010 has begun already. We will not be world champions in 2010, but we [...]
Toyota Quits F1?
November 3, 2009 by Negative Camber
Filed under Parc Fermé, Prime & Option, Top Story
Joe Saward, the terrific F1 journo and Delphic Oracle of rumors such as these, says that Toyota’s board has made a decision on F1. They are quitting effective immediately. This is being reported in the Japanese paper Mainichi Shimbun.
So Tokyo has brought us two damning stories in as many days with Bridgestone’s shock [...]
Ferrari to leave F1 in 2010; will not submit car registration!
May 12, 2009 by Negative Camber
Filed under Parc Fermé
The Ferrari Board of Directors has met to discuss the future of Ferrari in F1. The answer?
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