Daily F1 News and Links

A diary of the daily news stories as they break – and a useful catalogue to find the links to previous news.

HRT Engineers worried about safety, Villenueve: ‘Vettel’s a child’, COTA wins Global award, Partially sighted driver wins Indy 500, Rosberg on Schumacher, Alonso/Vettel title permutations, RB to join elite club, US GP record: F1’s smallest winning margin

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HRT price tag 40m euros: Thesan Capital (who we think are Banco Popular in disguise – see news yesterday) have most reasonably come clean today and suggested they would be happy to receive back their original investment of 40m euro’s. I bet they would, these are the last desperate scrabbling to realise some cash back on what was a ridiculous venture destined to fail.

If someone pays Thesan 40m euro then there is still 10’s of millions more for the new owners to find to get the team back on its feet again after paying off the debt. Of course there is the prize money from coming last this year, and whilst prize money in F1 is a closely guarded secret, I believe 12th is worth only about 7.5m euro ($10m). The likelihood is HRT will just cease to exist.

The reason I say this, is because there has been for 3 years agreement among the teams for a 13th team to race. This has never happened due to the inability of anyone to get the required funding for an F1 start up. Buying HRT is worse than starting a new team as there will be debts, unpaid wages, a factory in Madrid that would be better located in the UK – why pay anything for them? The prize money is insignificant compared to the rest of the costs.

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Austinites view F1 like a folk festival, McLaren fundamental to Formula E 2014, Who is the F1 driver chain smoker? Teams sharing garages, 204 less pit stops in 2012, HRT sale forced by bank bailout request

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Bank bailout forces HRT sale: Meanwhile, the team travels to Austin with the minimum staff to compete and avoid a financial penalty from FOM for being absent (as.com). We may well see the cars qualify, start the race and retire the cars after one lap.

thejudge13 has previously reported that HRT are using parts way beyond their sanctioned life and has a debt to repay before December 2nd or face dissolution. Thesan Capital, we believe, is a front for the Banco Popular who applied yesterday for a bailout of 2.5bn Euro’s. The terms of the bailout are that all non-profitable assets of the bank must be identified and disposed of – including HRT.

As to the story that Colin Kolles is interested in buying the team, this is fantasy by Thesan Capital. He was ‘exited’ last December when the debt from Banco Popular was assigned to Thesan Capital who on taking control issued a statement explaining Colin’s departure, “This is due to the new direction that the team has taken and the decision of the new management to move the team headquarters to Spain,” it read. (Yallf1.com)

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Austin will favour Red Bull, Mercedes should’ve kept Schumy not Nico, FOM wants USA GP2, McLaren supply to Force India ends, Huge Brawl, How Maldonado finds an extra 1s per lap,

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Note from the editor: Sorry folks, had a couple of days off – anyway we’re back. I notice quite a lot of you must have thejudge13 saved in your internet browser as a favourite and use this as the way of coming to the site. Over the Winter there may not be an article every day, so if you sign up for the email service (side bar on right at the top), you’ll get an email when thejudge13 has published an article/news AND only then. Anyway some news catchup. . .

Mallya sells, implications for Force India: Shares in United Spirits soared this morning 14 per cent to hit its new 52-week high after Uk-based firm Diageo Plc said that it will acquire 53.4 per cent stake in United Spirits for around $2bn. Vijay, will remain as chairman, however the real power is transferred to Diageo representatives who will take on the roles of CFO and CEO (Economic Times).

This sounds like good news, yet industry experts reckon it will cost no less than $1bn to get Kingfisher airlines back in the sky’s and Vijay has until 30th November to satisfy the Indian Aviation Authorities that the Kingfisher Airlines new business plan is sound – and clear the debts.

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Marlboro McLaren becomes McLaren Nicorette, COTA business plan highly optimistic, Lewis leaving was all about the money, Austin Council votes to tax COTA, New F1 film for release in Austin

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Vodafone scale down sponsorship:  It has been widely rumoured that Vodafone will be pulling out of its 6 year relationship with McLaren at the end of 2013. This has been considered to be worth as much as $75m a year, which is stratospheric compared to the fee’s most sponsors of F1 teams pay. Joe Seward has done a great article on this today, the link is at the end if this section.

The points worthy of comment are, Glaxo Smith Klien (GSK) has been extending its relationship with McLaren, and in a big announcement in the summer the announced a “ground-breaking collaboration” which will apply McLaren’s winning expertise to the needs of GSK, the aim being to help it to function more efficiently with more efficient planning processes and better modelling tools to drive faster decision-making. This includes the construction of a learning facility called the ‘McLaren GSK Centre for Applied Performance’, which is under construction at McLaren’s Headquarters in Woking.they announcedis setting up.

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Sauber given no choice, Mallya share scandal revealed, Who is Caterham’s new F1 boss? Austin – 1 year ago, Ecclestone cocks up the calendar

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Sauber have no choice: If Sauber’s biggest sponsor has its way, Esteban Gutierrez will next year line up on the Formula One grid alongside confirmed 2013 driver Nico Hulkenberg. Gutierrez’s fellow Mexican Sergio Perez, who is heading to McLaren, was until now the cream of Sauber backer Telmex’s Formula 1 programme for the last two years.

But waiting in the wings all the time has been the one year younger Mexican reserve driver Gutierrez, who is this week testing Sauber’s C31 in Abu Dhabi, as is another 2013 candidate, the highly rated dutchman Robin Frijns.

Telmex chief and Mexican billionaire Carlos Slim, however, could have a substantial influence on the final decision.

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Alguesuari to get nod from Force India, Renault: Renault blame RB over fuel, Nicole up’s the pressure on Lewis, India voted 2nd worst race of the year

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FIA to stamp out bad language: La Stampa reports the FIA are looking at sanctions for this behaviour. This follows the podium misdemeanours on Sunday and the revelations that teams use bad language in radio transmissions to prevent FOM TV transmitting them – thus keeping them secret.

The paper doesn’t tell us what is proposed, but its likely to be fines rather than grid penalties or points deductions.

Bahrain strips opposition of nationality: The Bahraini authorities today stripped 31 opposition figures of their Bahraini nationality in a move described by Amnesty International as “frightening and chilling”.

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Quinghua in? Fernandes to step down? Austin Sherrifs unconcerned, Marko slates Webber, FIA needs $40m more, France GP – AGAIN!!! Turkey more likely in 2013, Wolff speaks about Senna,

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Marko critical of Webber: Our favourite German newspaper Bilde.de tells us today that Dr. Helmut Marko has pointed the finger at Mark Webber, after the Australian’s messy race in Abu Dhabi. at thejudge13 we think Webber was lucky not to be penalised for his move on Maldonado and his clash with Massa. After the race Webber himself admitted he should have stayed clear of the dueling Perez, DiResta and Grosjean and by not doing so ended his own race when he was too close to avoid the inevitable crash when it occurred.

Marco, not known for mincing his words says, “You can’t have more errors than that in one race. That was not a good day for him.” As if that’s not enough, Marco wants to make his opinion crystal clear telling us, “The start was no good, and the accidents were not good. It’s too bad, because it affects us in the constructors’ championship.” This is a slightly dramatic conclusion from Helmut as Red Bull will inevitably collect the 5 points they require to win the constructor’s title for the 3rd successive year.

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HRT run out of cash, Lewis and wedding bells, Ferrari’s Padrino wants answers now, Austin traffic problems, Greek parliament vote on GP venue, Petrov gets shirty, Kimi’s radio t-shirt, Vettel predicted podium

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HRT can’t afford 2013 entrance fee: German motor publication speedweek.de is reporting today that HRT do not have the 500,000 euro’s to pay for the entrance fee for 2013. F1 and Mr. E does not need their money however this represents a bigger concern over whether they have funds at all for 2013. The mechanical failures they have been having I am told is due to parts being run way beyond their intended life due to lack of funds for new ones. Looks grim!

Kimi pit radio: If you want to listen again, here’s the link to the Iceman’s irritation with Lotus team radio man, Simon. (LINK) You can have a shirt too, with Kimi’s memorable radio transmission as a statement for life in general (pic). I think the other one was better for flashing at the boss when getting your head pecked. “Yes yes yes yes I’m already doing it!!!”.

Vettel predicted podium: Horner told BBC TV late last night that he’d visited Sebastian in the morning prior to the race. He was playing a drum kit and causally waved at his boss saying – “See you on the podium later”. Christian to be fair said he thought 8th was the best they could get – and with less attrition it may have been the case.

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Stewards “fiddle while Rome burns”, Mercedes up budget for 2013 by 50m euros, Alonso ‘perfect’ qualifying, Ecclestone calls for F1 personnel to snitch on their own teams, Murdoch wants to own F1

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Red Bull mislead FIA: It appears from the statement released by the FIA, that Red Bull may have initially tried to mislead the stewards. The statement says, “The stewards heard from the team representatives and the driver and studied the telemetry evidence that showed the reason why the car was stopped. The stewards accepted the explanation and considered the incident as being a case of force majeure.”

“However a report was received from the technical delegate that showed during post qualifying scrutineering an insufficient quantity of fuel for sampling purposes.”

Naughty naughty

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Lauda poking around Brackley, Expect double overtakes with 2 DRS zones, Alosno persists with denials, Marrusia in finaicial crisis, Alguesuari gets desperate, Sunsets Stats & Kimi too

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Lauda – what exactly is his job?: In a Q&A with Auto Motor und Sport, Niki explains his contribution to Mercedes. When asked how Mercedes can find 1.5s to match Red Bull when the drinks company spends 100m euro more he tells us, “We now have to analyze carefully whether the money factor plays a role, and if so what. I can say it but not yet, because I still go to school. This is part of the inventory.”

Remember Lauda said a couple of weeks ago that money had been wasted so far at Mercedes F1, and they needed to deliver more for less. Mmm.

Niki was asked how he could bring Mercedes to success. “The first part of this task is to take stock. I find myself just in the learning phase. That’s why I’m already some time been in the factory in Brackley and I will continue to do so regularly. It is important for me, along with Ross Brawn introduced to every aspect of the team, the car and the tools in the factory to be. Every time I go to Brackley, I get it. I need to understand the context of the processes, and then with my logic, direct access, which I, in common with Ross find a solution.”

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