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  #1  
Old 01-16-2003, 03:31 AM
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First prost, now arrows
From auto-express....


The OrangeArrows Formula One team has finally gone into liquidation after months of fighting to stay alive. The Leafield squad appointed receivers in December in an attempt to sort out its financial problems but a London High Court has now put Arrows into liquidation. Creditors, believed to include former team drivers Heinz-Harald Frentzen and Jos Verstappen, successfully applied to wind up the team.


Well, we knew it was coming, it was just a matter of time before it was made official...


ciaoo Oli
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Old 01-16-2003, 02:04 PM
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both Prost and Arrows died because of bad management...
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Old 01-16-2003, 02:15 PM
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Quote:
Originally posted by huudo
both Prost and Arrows died because of bad management...
Ditto!
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Old 01-16-2003, 04:50 PM
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So how would you have handled the situation?
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Old 01-17-2003, 01:11 AM
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So how would you have handled the situation?
I have no idea. But this is just it - I don't know how to run an F1 team, so I'm not running it! And besides, we hav no idea what the situation really was, so it's har to make a judgement, even in hindsight.
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Old 01-17-2003, 09:16 AM
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Unhappy
It's sad, they are just another in a long line of failed teams in the last decade or so, like Simtek, Tyrell, Larousse, Fondmetal, ATS, Lotus and Minardi....oh they are STILL back there aren't they.
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Old 01-17-2003, 10:39 AM
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Yep, somewhere... reaaalllyyy back (of the grid -that is)!
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Old 01-17-2003, 06:11 PM
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Well, it's hard. It's all about money right now, and it seems that it will stay this way with the current head of F1 still here, Bernie Nicholls or something I believe?

Back then, it was more about motorsport and competition...lousy capitalists
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