F1 Features

Mallya lives in opulence whilst unpaid staff starve and commit suicide

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Thejudge13 reported last week that a family member of Kingfisher airlines staff was reported to have committed suicide due to financial ruin by Indian police (link)

Vijay Mallya’s Kingfisher airlines have been grounded now for 2 weeks and are on the brink of financial ruin: “The Economic Times” (click on search, put in “Kingfisher” and you’ll see a number of articles over the past few months), Police said last week that the wife of an employee who had not been paid since March committed suicide last week due to the stress of financial ruin. Before the Japanese GP staff were demonstrating as they had not been paid for months and this lead to violent confrontation.

Airline start up

The history of airline start up’s in the past 50 years is littered with failure. Around 9/10 fail owing hundreds of millions of dollars. The problem is not in the early days, as the entrepreneur identifies a few profitable routes, invests about 50% required and gets the project off the ground. Where the issues begin is when they wish to expand. Due to initial success they find financial backers prepared to put up vast sums of money for their expansion.

Each route they take on is incrementally less profitable and it only takes a dip in trade for a short time for them to struggle to generate enough cash to pay the interest on the loans. In the case of Kingfisher airlines they owe $billions.

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Arrest warrant for Mallya, McLaren secret new DDRS, BBC evicts thejudge13, and more coming soon

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F1 News, Fun links and comment

  1. Grim times for Kingfisher and Vijay Mallya. The striking pilots and engineers who have not been paid since March has been asked by the company’s  CEO Sanjay Agarwal to return to work on Sunday 13th October. The airline has been grounded for over a week. The Indian Civil Aviation Authority has threatened to revoke their license and has demanded no tickets are sold in the interim. (Economic Times). Mallya does have other investments and is being pressured to sell the liquor business to come up with the cash. Whether Force India as they are will be on the grid 2013 – only time will tell.
  2. BREAKING NEWS (GMT 12:48) “Force India boss Vijay Mallya has run into more trouble in Hyderabad where the 13th Metropolitan Sessions Court has issued an arrest warrant against him in a case filed by GMR Hyderabad International Airport Ltd which manages the Rajiv Gandhi International Airport”. (AFP News Agency) This warrant is without bail, because representatives failed to attend a hearing today – which means if or when he submits himself to the court he will be detained. It is estimated his airline is $billions in debt. Oh how far it is to fall .(Nice to see we beat the all established F1 sites and writers to this by an hour and 10 mins :D)
  3. Schumacher says the WDC title is Vettel’s to lose (autohebdo) “I thought Fernando (Alonso) had the advantage prior to Suzuka”, but now he believes it is Vettel’s to lose. Schumacher is certain his compatriot will now enter the exclusive club of winning 3 consecutive titles, a feat only achieved by Fangio (4) and Schumacher(5) himself.

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Gangnam Style banned by Ecclestone, Marko dismisses “Lord Lauda”, Cracks in Ferrari unity….and other stuff…

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Its Thursday before race weekend, lots going on so today is bite sized links to the less reported comments with a few wry comments from me.

  1. Psy – the Korean pop star with one off world wide hit “Gangnum Style” is going to wave the chequered flag on Sunday. Yes I know this was announced yesterday but celebrities waving the chequered flag does not always work too well. Ask Pele about Brazil 2002. (YouTube link). For those of you without video capabilities, When Pele was asked to wave the chequered flag at the Brazilian Grand Prix it seemed a perfect PR opportunity, the country’s, if not the world’s, greatest footballer at one of its biggest sporting events. And, to be fair, it is not exactly a task burdened by onerous or complex rules. But, it seemed the organisers appeared to fail to explain the intricacies of Formula One to the great man, so when Michael Schumacher crossed the line to take the victory, followed home by brother Ralf, Pele was busy chatting with officials and forgot to show them the flag. Alerted to his mistake, he enthusiastically waved the flag at the next driver past, which happened to be Takuma Sato who was some two laps behind the winner, meaning technically he had won the race. “Pele is very little,” noted Schumacher. “I didn’t see the flag though, that’s the only thing I noticed.”
  2. Talking of Psy, whether he is a one hit wonder or not, he his HOT HOT HOT at the moment. The promoters of the Korean GP had a spoof video made with the “Gangnam style” soundtrack behind track workers dancing and clips of F1 action at the circuit. It was posted on YouTube and the video went viral worldwide. Of course FOM and Bernie’s lawyers spotted it and told YouTube to take it down as it was showing clips of copyright material. This morning my daughter who knows I’m connected to F1 but she shows no other interest in the sport – she asked me out of the blue, “Daddy where can we see the Gangnam video with your racing cars?” Trying to attract the youth to F1 Mr E? – FAIL!!!

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S. Korea, Ecclestone and the Emperor’s new clothes

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The Korean GP is held at the Korea International Circuit is a 5.62 km (3.49 mi) Herman Tilke designed circuit located near the port city of Mokpo. It is estimasted the cost of building the 135,000 capacity facility (including Tilke’s fee) was around $264 million (250 billion won). The promoters of the race are Korea Auto Valley Operation (KAVO – a joint venture between the mysterious M-Bridge Holdings and Jeollanam-do regional government) and the inaugural race in 2010 was close to being called off due to delays in construction. 

Crowds in the past 2 years at the Korean Grand Prix have hardly been significant in their absence. Empty grandstands and comments about no atmosphere at the circuit from TV reporters hardly substantiate the organisers claim to have sold 85,000 tickets last year. Even if we believe this exaggerated figure when compared to the venue’s 135,000 capacity, this indifference from the Korean public is not really helping the organisers financial woes. The Korean Times in its article “is it worth the tax payers money” tells us the local government will lose $60m every time they hold the race.

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Lauda to sack Brackley personnel, Nascar mother of all pile ups, Lola closes doors, Tooned will be ‘racey’

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After battling with F1 and global finance until gone midnight on “Ecclestone to load a mountain of debt on F1“, then the day so far has been spent with lawyers – so we’ll start with a News Links post and see if I’ve got enough time and energy for an in depth article later. (Anything in wite on this page is a URL link to the original or pic or video).

Quick thanks to someone on German site MotorsportTotal.com who posted a link to thejudge13 and we’ve had over 50 new German visitors today from their site. Great work.

  1. Last week I did a couple of articles on Niki Lauda, suggesting there may be fireworks at Merceds F1 now he’s the big boss (a position he couldn’t help refering to on TV at the weekend I noticed). Niki’s inability to “suffer fools gladly” is legendary. So today, our favourite German publication Bilde has the following, “Schumi’s car builders are fired”. (I always put the link to prove the source, but be careful with any translation software – particularly verb tenses). Anyway Christian Danner RTL expert pundit and ex F1 driver of note (I’ll come back to this) says today that Niki Lauda needs to fire the designers of this years car. He suggests that after 9 months the car is performing like a Torro Rosso and heads must roll. He urges Niki the hatchetman on, “He is responsible to make the next decision. And the next decisions will be primarily personnel decisions”. RTL commentator Danner, a little bit like Mr. J Herbert for SKY, drove in Formula 1 over 4 years. 2 of those he was not classified with any points and had a career best P4 in USA 1989 when he also had his best season scoring a total of 4 points. WATCH OUT ROSS

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Ecclestone to load a mountain of debt on F1.

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It’s not possible to in a single article convey the mess that is F1 and its financial arrangements, and I’m not feeling inclined to write a book. Yet there are severe storm clouds on the horizon for F1 and it appears the governing body and the teams are oblivious to this.

The Korean Times reports the organisers’ of the F1 race are facing again huge losses. It is claimed they have avoided the contractual 10% escalation in fee from last year but still have a total budget of $67.5m to find.

The national government picks up about $5m and the rest is shouldered by the South Jeolla provincial government. Of course there is the ticket receipts, but the event has not been a raging success with mass crowds attending. The losses the provincial government has had to fund are 2010 $65m and in 2011 $54m. With a contract to 2016, local commentators are not sure they will be able to fulfill this commitment.

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Jenson denies following Lewis but deletes the evidence!

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Its Monday and I’m all Grosjean, Kimi and ALonso’d out – time for a bit of fun and where best to turn but to Lewis and his Twitter machine.

Whilst lying on the couch, watching TV last night, I had my lap top open and twitter rolling away. A tweet from Lewis arrived and I was expecting him to be competeing with guru Alonso who had sung, (@alo_oficial) “5 great races coming! If the enemy thinks in the mountains, attack by sea, if they think in the sea, attack by the mountains”.

I sat up quickly. Maybe Lewis would give us another Martin Luther King quote from the book he’s been reading for most of this year.

Twittergate #2

But no, we got this from @LewisHamilton, “Just noticed @JensonButton unfollowed [me], thats a shame. After 3 years as teammates, I thought we respected one another but clearly he doesn’t.”

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Japan GP review: Kimui enjoys more pressure, Massa’s 1st podium for 36 races, Grosjean hounded again

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We’re pretty fortunate in the UK in the amount of TV coverage we now have. Many UK fans were distraught last year when it was announced that the BBC would not be getting more than 10 races live and that SKY TV (subscription) would be covering all the races.

Of course having to pay a few hundred pounds a year to watch F1 for some is too much, but if we just look at coverage SKY F1 now provides, it is of the highest quality.

Of course most countries get the official podium interviews and some of the press pen interviews the drivers are compelled to provide. Yet where we are fortunate is we get many post race unofficial interviews with the various SKY (and BBC when they’re live) presenters from team principles, race engineers, drivers and many others.

In these informal chats away from the pack of photographers and mass microphones, the F1 players are often emotional, positive or negative, and can be very, very revealing

The main reason for me saying all of this is that when I’m fortunate to be at a race, I get to spend several hours after the chequered flag has fallen pouring through the race and post race footage.

So for those of you without SKY here’s some stuff I picked up.

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FUJI TV Loses right to direct Japanese GP

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I wasn’t going to write an article today, but I’d forgotten I meant to develop one further written a couple of weeks ago.

As is the secretive nature of all things Bernie/FOM many people don’t under stand much about how we view a Formula 1 weekend.

If you’ve been watching F1 like me for 30 years, you will remember the TV coverage of the 70’s and 80’s being not of a particularly high standard. Partly this was due to the technology and its cost. Another factor was, unlike most mainstream sports that compete in a relatively small an defined space eg a football pitch, an F1 race takes place over several square miles. Add to this cars travelling at speeds in excess of 300km per hour and you have a tricky event to capture on film.

Yet these were not only the issues back in the day… Each race was covered by the different countries’ resident TV channels. They were called the ‘host broadcasters’ and naturally if you only cover a sporting event once a year, the specialisation that comes with doing something frequently was missing and the quality of TV production varied greatly from country to country.

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Jenson says, “I love Sombreros’, Kimi on Sushi – ‘tastes like raw fish’, Pic future uncertain, Lewis goes wrong way on qualy setup

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Race weekend and its time for quick news and links. In depth articles back next week. Since signing for Mercedes, Lewis has reportedly been asking quite a lot of technical questions of team garage members about important aspects of the McLaren design of the car he drives…… 4 Wheels – check, steering wheel – check, … Read more