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**adultcomicssitedessaa** · 06-08-2012, 07:08 AM

I was priviledged enough to be in an audience with a top FIA official as recently as 3 or 4 weeks ago who stated that a public announcement is due within the next few weeks. I believe that rather than
sitting on their hands a significant amount of progress has been made.

Rallyfan2000's 'insight' is all very well & good but there's a few facts that have to be taken onboard ... which many seem to have forgotten.

NOS was a company not cash rich, reliant on outside funding to perform it's job. In 2010 it was aquired by CSI which was inturn owned by a Russian businessman.
That businessman was indicted, arrested and jailed on serious criminal charges and as a result CSI, the parent company to NOS and it's financial surety, was placed in administration.
This resulted in NOS's financial uncertainty and serious questions over it's ability to honour it's obligations.

But overriding the issues of NOS's financial position was the fact that it is absolutely unconscionable that an organisation such as the FIA, which is far larger than just the sporting arm, could be
seen to be doing business with a company owned by a criminal and one which is under administration.
In essence, under best business practice, the FIA had no alternative but to terminate it's arrangements with NOS.

I have no doubt that, as Rallyfan2000 has stated, FIA officials are regretful that such action had to be taken but, even with benefit of hindsight, they wouldn't turn the clock back as it was fete acompli.

Rallyfan2000 has written about prospective contractors opting out due to FIA muddling. This is a red herring. In truth the tenderers weren't considered the right fit and nobody, least of all contributors to this forum,
would be particularly thankful if the process were revisited in relatively short order due to the appointment of the wrong agency.

There's an old adage about going into business that says "going into business immediately entitles you to endless free advice from people who have never possessed either the courage or the ability to do so themselves".
There's a fair amount of that going on here.

06-08-2012, 07:08 AM	#36
adultcomicssitedessaa Join Date Oct 2005 Posts 430 Senior Member	I was priviledged enough to be in an audience with a top FIA official as recently as 3 or 4 weeks ago who stated that a public announcement is due within the next few weeks. I believe that rather than sitting on their hands a significant amount of progress has been made. Rallyfan2000's 'insight' is all very well & good but there's a few facts that have to be taken onboard ... which many seem to have forgotten. NOS was a company not cash rich, reliant on outside funding to perform it's job. In 2010 it was aquired by CSI which was inturn owned by a Russian businessman. That businessman was indicted, arrested and jailed on serious criminal charges and as a result CSI, the parent company to NOS and it's financial surety, was placed in administration. This resulted in NOS's financial uncertainty and serious questions over it's ability to honour it's obligations. But overriding the issues of NOS's financial position was the fact that it is absolutely unconscionable that an organisation such as the FIA, which is far larger than just the sporting arm, could be seen to be doing business with a company owned by a criminal and one which is under administration. In essence, under best business practice, the FIA had no alternative but to terminate it's arrangements with NOS. I have no doubt that, as Rallyfan2000 has stated, FIA officials are regretful that such action had to be taken but, even with benefit of hindsight, they wouldn't turn the clock back as it was fete acompli. Rallyfan2000 has written about prospective contractors opting out due to FIA muddling. This is a red herring. In truth the tenderers weren't considered the right fit and nobody, least of all contributors to this forum, would be particularly thankful if the process were revisited in relatively short order due to the appointment of the wrong agency. There's an old adage about going into business that says "going into business immediately entitles you to endless free advice from people who have never possessed either the courage or the ability to do so themselves". There's a fair amount of that going on here.
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