The sheikh resigned ?

madmed · 24 Sep 2006, 13:33 (Ref:1717579)

Schedule of A1GP Indonesia moved forward to become December 10th is the impact of the retreating of the Nob of United Arab Emirates (UAE), Sheikh Maktoum Hasher Maktoum Al Maktoum from the board of leadership of A1 International and leave Tony Teixeira as Executive Chairman of A1 International.
Source:
http://www.a1podium.com/news.php?sub...96672&archive=
http://a1.podiumchat.com/viewtopic.php?t=710

dazbaz_99 · 24 Sep 2006, 14:07 (Ref:1717612)

The source of the story being an undisclosed Indonesian one, I think we should wait and hear the story from A1GP themselves before predicting the downfall of the series. Even if the Sheikh has stepped down I dont see it stopping A1GP from growing and being succesfull.

**FIRE** · 24 Sep 2006, 14:56 (Ref:1717649)

The sheikh is indeed not longer involved in A1GP.

Kiwi3 · 25 Sep 2006, 06:26 (Ref:1718106)

There is nothing new here. The Sheik has only had a figurehead role for a number of months.

A shame if he is completely out of it as I dreamed up the concept in the first place, and no matter what happens to A1 in the future I hope he is always recognised for that fact.

Kershaw · 28 Sep 2006, 09:38 (Ref:1721861)

Will this have any impact on the series at all?

ensign14 · 28 Sep 2006, 09:57 (Ref:1721873)

Quote:

Originally Posted by Kiwi3

A shame if he is completely out of it as I dreamed up the concept in the first place...

My most effusive greetings, Your Highness. May Allah smile on Your every future endeavour and cast blessings on Your respected Family.

Doc Hollywood · 28 Sep 2006, 10:34 (Ref:1721905)

Quote:

Originally Posted by ensign14

My most effusive greetings, Your Highness. May Allah smile on Your every future endeavour and cast blessings on Your respected Family.

Brilliant ensign!!

I hope this dosent have a negative impact on the series, I would say it has the ability, in time, of becoming a major international sporting event. It has the abilty to bring motorsport into the limelight in alot of countries with no major motorsporting background using national pride and support as a platform to promote it.

cos · 29 Sep 2006, 14:41 (Ref:1723050)

He's now sold his stake in the series:
http://www.pitpass.com/fes_php/pitpa...s_art_id=29472

DucatiThrust · 29 Sep 2006, 19:47 (Ref:1723317)

What a pity!
I actually don't understand his move. If it was a dream, than why should he resign?

Personally, I think that this move is similar to Alex Shnaider's one. They are not so passionate about the sport. A1GP just lost it's arab roots and I'm guessing that Team Lebanon will leave too.

cmotd · 30 Sep 2006, 01:23 (Ref:1723430)

Quote:

Originally Posted by DucatiThrust

What a pity!
I actually don't understand his move. If it was a dream, than why should he resign?

Personally, I think that this move is similar to Alex Shnaider's one. They are not so passionate about the sport. A1GP just lost it's arab roots and I'm guessing that Team Lebanon will leave too.

Er... I'm guessing that it's because he's a member of a Royal family that lost its' King a while back. As in the guy has to take over running his country and would no longer have time to run a racing series! You guys need to keep up with political events

Kiwi3 · 1 Oct 2006, 11:27 (Ref:1724316)

He is only a cousin of the ruler or something, he doesn't exactly have to run his country.

Anyway his background is investment finance, so I guess it isn't that surprising.

sceptic · 9 Oct 2006, 20:29 (Ref:1733362)

Quote:

Originally Posted by Kiwi3

There is nothing new here. The Sheik has only had a figurehead role for a number of months.

A shame if he is completely out of it as I dreamed up the concept in the first place, and no matter what happens to A1 in the future I hope he is always recognised for that fact.

He really only had a figurehead role from the start.
From what I hear, it wasn't actually his idea.

ss_collins · 10 Oct 2006, 14:45 (Ref:1734154)

I'm pretty sure it was his idea.

ensign14 · 10 Oct 2006, 15:17 (Ref:1734180)

They've had a sheikh up.

Kiwi3 · 11 Oct 2006, 02:19 (Ref:1734696)

Good one ensign!

Actually the whole A1 thing was my idea.

cos · 11 Oct 2006, 08:01 (Ref:1734823)

Quote:

Originally Posted by ensign14

They've had a sheikh up.

Robert Ryan · 14 Oct 2006, 11:49 (Ref:1737694)

Quote:

Will this have any impact on the series at all?

Problem is he was the one backing it financially. Who is paying the bills now?

strider · 14 Oct 2006, 14:17 (Ref:1737804)

To be honest, I don't think he was the one providing the financial backing. From everything I've heard, he was just a (very good) figurehead.

So the same people will be paying the bills as paid them in the past. But they do need to get their act together. The Verstappen affair revealed that not everything in that area is as under control as it should be.

Robert Ryan · 14 Oct 2006, 22:02 (Ref:1738004)

Quote:

To be honest, I don't think he was the one providing the financial backing. From everything I've heard, he was just a (very good) figurehead

His success before he came on board, was turning comapnies around financially. I think he was the person who arranged the finances. The South African other partner was the one organising the series.

cos · 15 Oct 2006, 00:14 (Ref:1738041)

London-based investors are supporting the series financially at the moment before a planned floatation sometime next year.

hotwheels · 24 Oct 2006, 14:36 (Ref:1747655)

Quote:

Originally Posted by cos

London-based investors are supporting the series financially at the moment before a planned floatation sometime next year.

Are they paying all team's expenses??? BTW is now A1GP a series for professional drivers, or to pay-to-drive ones?

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