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#21 |
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Rickos , nice to see you drop in . ![]() ![]() |
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#22 |
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#23 |
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#25 |
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screw Prix richards and the horse he rode in on |
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#26 |
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He's got some new investors......didn't you hear ? ![]() O P M ??? Other People's Money !!! ![]() ![]() |
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#28 |
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I must be honest, I like Nick Fry, he's such a positive guy, and comes across very likable, but you have to admit, his performance has been absolutely hopeless. I never really understood the reasoning behind removing Dave Richards when he was getting such good results.
Personally, I think its all down to Honda top management, and even then not even Honda F1 Racing management, but Honda top top management. When they took over, they wanted to implement their way of doing things, and it just never worked. Honda top brass wanted to make their F1 programme profitable to the company, in using it as a training ground for up and coming staff. They wanted something to show for their investment, but for a successful F1 operation, you need consistancy, and the best people there. Winning must take priority, and to me (from what I've read), they wanted to have their cake AND eat it so to speak. I've also read rumours that there was a lot of red tape, which reduced the efficiency of the team, decisions couldn't be made and implemented within a day, they'd have to go to Tokyo HQ to get approval, limiting their efficiency. On top of that, despite the team being based at heart of British Motor-racing industry, it had large Japanese influences, and with all due respect to their culture, which I've experienced and enjoyed, and highly respect, I don't think it works too well within F1 success. If you look at Toyota, who basically got their team up and running, with something like 95% Toyota staff with no F1 experience, they aint been able to establish themselves at the front, with only glimpses of success, and even then, this has involved them accepting the "western" approach, and hiring of experienced F1 staff. This alone highlights Honda's flawed approach, of using Honda F1 Racing as a training ground for staff, you need experience and talent which is specific to Formula 1. I think F1 is a very special industry, this can be highlighted by the cluster we have in the UK. With Ferrari being the exception of continued success outside this region. Even then, you could argue much of this success came from Bennetton, whose main players moved to Ferrari, and undoubtable took this approach over there. |
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#29 |
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I hope that the team do find a buyer & am actually sad to see Honda go. Then again with Ross Brawn & the investments placed by Honda (not to mention a discount price) suggests that they stand a decent change. Without looking at Honda's balance sheet, my guess is that buy dropping the F1 team they are really working against their better interests for the sake of the shareholders. Without wishing to get too technical, Japanese firms tend to be heavily debt financed in order to increase profitability & at times of recession they tend to be the first to suffer. Honda is no exception so that extra $300 million will probably be a minor contributing to debt servicing at times of declining car sales.
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