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18 Oct 2002, 15:26 (Ref:407263)
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#1 | |
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Veteran
Join Date: Jul 2002
Posts: 576
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Bernie to the rescue
"the media has an amazing imagination," pook said. "There is not now nor is there going to be an official collaboration of Formula One and CART" Indianapolis Star 10/18/2002
Does Bill Gates like auto racing? |
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18 Oct 2002, 16:06 (Ref:407287)
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Veteran
Join Date: Jun 2001
Posts: 8,125
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Pook: "Whenever anybody talks to Bernie, it's about business."
Ecclestone: "I've had some chats with Chris on what could be and couldn't be, but we've got no further than that." |
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__________________
Don't make a fuss, just get on the bus! |
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18 Oct 2002, 17:57 (Ref:407355)
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Rookie
Join Date: Dec 2001
Posts: 96
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Quote:
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18 Oct 2002, 18:53 (Ref:407405)
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#4 | ||
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Veteran
Join Date: Jun 2002
Posts: 1,301
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The imagination does not lie in the media but rather with the reader. I don't see anything in the Autosport artcle that says that Bernie is buying CART nor that there has been any alliance formed. What I did read was that he may buy a share in CART. Right now that would cost $4-$5 US. Although, I suspect that if Bernie buys in it would be a little more than that. I saw my way clear to "buy a share of CART" too, at just over $4 just before the Forsythe purchase at $5 figuring it has to have some intrinsic value, besides I believe in CART's future. Maybe we should start a thread "Flatspot Buys CART, Its Future is So Bright TG Sells IMS To Buy Enough Sunglasses".
There is no question Pook & Ecclestone have been talking recently and somehow I don't think the were discussing the purchase, sale, and marketing of Girl Scout Cookies. Big deals take time and I wouldn't count on nor dicount F1 in CART's future. |
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__________________
A good friend will come bail you out of jail. A true freind will be sitting next to you saying "Damn...that was fun!" |
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18 Oct 2002, 22:57 (Ref:407619)
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#5 | |
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Veteran
Join Date: May 2001
Posts: 5,702
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You'd be silly to think nothing is going on there. All Pook says is that there will not be an official collaboration between F1 and CART.
Maybe the deal fell through .... |
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19 Oct 2002, 00:50 (Ref:407706)
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#6 | ||
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Veteran
Join Date: Jul 2001
Posts: 7,294
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Rush,
You believe something the Indy Star wrote? I assume you are also a reader of Jack Arute then? Gullible now has a new definition - rush1! 
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__________________
Sunderland Til I Die! |
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19 Oct 2002, 11:53 (Ref:407886)
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#7 | ||
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Veteran
Join Date: Feb 1999
Posts: 12,451
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Or maybe the deal is something else. He just said what it isn't, not what it is.
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__________________
"If we won all the time, we'd be as unpopular as Ferrari, and we want to avoid that. We enjoy being a team that everybody likes." Flavio Briatore |
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19 Oct 2002, 14:09 (Ref:407950)
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#8 | ||
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Veteran
Join Date: May 2001
Posts: 652
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And you've already discounted the fact that he's simply lying his arse off like everyone else in top-level motorsport?
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__________________
It's only F1 if it's TotalF1, Says Samuel |
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19 Oct 2002, 20:08 (Ref:408157)
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#9 | |
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Veteran
Join Date: Jul 2002
Posts: 576
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f1manoz, the Star is qouting Mr.pook. I doubt they just made up the quote. Not to sure that makes me naive
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20 Oct 2002, 07:20 (Ref:408353)
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#10 | ||
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Racer
Join Date: Aug 2002
Posts: 254
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"an official collaboration of F1 and CART." But if the biggest shaker and mover in F1 buys a few million shares of CART that has nothing to do with F1 because he doesn't own F1, he only owns the TV rights for the next 100 years! The FIA owns F1, and they will not be collaborating with CART! Listen to what Pook actually said.
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__________________
greg |
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20 Oct 2002, 08:42 (Ref:408388)
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#11 | |
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Veteran
Join Date: Sep 2002
Posts: 1,480
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It's a done deal, Bernie is buying big time into Cart while it's a bargain. Don't expect to see F1 at Indy beyond 2004, do expect to see Cart in a double header with F1.
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__________________
"All this amateur analysis leads nowhere and is insignificant......So you waste hours, days, months, years of your life for what end? A bit of one-upmanship on the internet?" - Wilton969 |
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20 Oct 2002, 08:48 (Ref:408393)
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#12 | ||
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Veteran
Join Date: Jul 2001
Posts: 7,294
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I'm not sure about a CART-F1 double-header. Bernie has never been keen on that (probably doesn't want fans to realise how boring F1 is compared to CART!
)However, Bernie HAS become increasingly interested in the CART series in the past months, with his many meetings with Pook a reflection of his growing interest. Best thing to do would be to buy back all the CART shares and make it a private company again. |
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__________________
Sunderland Til I Die! |
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20 Oct 2002, 09:00 (Ref:408395)
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#13 | |
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Veteran
Join Date: Sep 2002
Posts: 1,480
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Best thing to do would be to buy back all the CART shares and make it a private company again.
Spot on. Get away from pleasing people for profit and concertrate on the sport and racing. Perhaps Bernie is just going after the TV rights thing which might lead to Cart getting some top coverage. |
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20 Oct 2002, 18:28 (Ref:408731)
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#14 | ||
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Veteran
Join Date: Jun 2001
Posts: 8,125
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Maybe CART is buying F1.
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__________________
Don't make a fuss, just get on the bus! |
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21 Oct 2002, 12:10 (Ref:409188)
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#15 | ||
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Rookie
Join Date: Oct 2001
Posts: 94
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Maybe TG's buying 'em both.
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21 Oct 2002, 16:49 (Ref:409403)
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Rookie
Join Date: Dec 2001
Posts: 96
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Quote:
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22 Oct 2002, 11:04 (Ref:410087)
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Racer
Join Date: Jun 2002
Posts: 378
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22 Oct 2002, 11:21 (Ref:410103)
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#18 | ||
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Veteran
Join Date: May 2001
Posts: 10,043
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I think Bernie is just trying to prevent other series from taking over from F1 as the premier open wheel series in the world, as CART had definatly threatened to do pre-1996.
If he becomes majority owner in CART he has a stake in all 3 major Open Wheel championships in the world, F1, CART and the IRL. By owning CART and making it a feeder deries for F1, CART is no longer considered an alternative to F1 for drivers, nor the top. By running a GP at Indy, he has a stake in the IRL as well. After all the trouble TG went to to get IMS up to standard for GP, he will probably do anything to keep the race there, maybe giving Bernie some influence in the series? Who says Bernie hasn't had anything to do with the IRL so far. All Bernie is doing is securing the future of F1. If CART becomes the feeder series, taking over from F3000, would a situation like Villeneuve coming to CART for a year eventuate? It would be like Villeneuve doing a year in F3000. And a situation we had with Mansell in 1993 would never happen. Back then CART was an F1 alternative, not a 'feeder class'. Plus there is TV etc...what things would Bernie require of the TV companies, and look at other series he has basically run, he effectively killed the World Touring Car Championship, World Sportscar Championship, remember the ITC, lucky that he sold the WRC to David Richards. I thought Chris Pook was meant to be the saviour, not BE. Lets keep CART a Bernie free zone, please Last edited by racer69; 22 Oct 2002 at 11:22. |
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__________________
"The Great Race" 22 November 1960 - 21 July 1999 |
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22 Oct 2002, 11:44 (Ref:410121)
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#19 | ||
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Veteran
Join Date: Feb 1999
Posts: 12,451
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Local lame breakfast chat show just announced that Bernie is buying a majority share of Champ Cars. If THEY have the story there must be at least some truth to it.
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__________________
"If we won all the time, we'd be as unpopular as Ferrari, and we want to avoid that. We enjoy being a team that everybody likes." Flavio Briatore |
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22 Oct 2002, 11:48 (Ref:410126)
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#20 | ||
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Veteran
Join Date: Feb 1999
Posts: 12,451
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P.S. I notice they mention that TG has "a long term contract" for the USGP; I thought that was over this year (a 3 year deal wasn't it?)
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"If we won all the time, we'd be as unpopular as Ferrari, and we want to avoid that. We enjoy being a team that everybody likes." Flavio Briatore |
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22 Oct 2002, 13:26 (Ref:410187)
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#21 | ||
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Veteran
Join Date: May 2002
Posts: 5,147
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3.5L V10s?
I notice it's a wire piece. Even TSN has picked it up. This is more solid than an ITV-F1 story... But it's apparently from the same source that leaked the FedEx deal's end. Last edited by paul-collins; 22 Oct 2002 at 13:29. |
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__________________
... Since all men live in darkness, who believes something is not a test of whether it is true or false. I have spent years trying to get people to ask simple questions: What is the evidence, and what does it mean? -Bill James |
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22 Oct 2002, 14:17 (Ref:410205)
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#22 | ||
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Veteran
Join Date: Jul 2002
Posts: 5,073
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Steady on now!
To my knowledge, would not the CART board need to waive the 15% maximum rule as they did with Forsythe? So Bernie cannot at this time buy a majority share. That of course does not mean he could buy as much as he could, and then vote in a block with similarly-disposed shareholders. This is getting really interesting! Would love to be a fly on the wall in Pook's office! Perhaps this would resolve the rumored "concern" over Ford's ability to provide Cosworth's... |
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__________________
"He's still a young guy and I always think, slightly morbidly, the last thing you learn is how to die and at the end of the day everybody learns every single day." - The Ever-Cheerfull Ron Dennis on Lewis Hamilton. |
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22 Oct 2002, 15:22 (Ref:410239)
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#23 | ||
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Veteran
Join Date: Jul 1999
Posts: 6,038
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There is no doubt that there is some truth to this story now. It may not happen, but Bernie wants it to...
I have two minds to this... 1. A match with F1 would do wonders for Cart in terms of both finance and exposure...it could help the series become even more global. 2. Look at F1! 
Last edited by Jay; 22 Oct 2002 at 15:22. |
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__________________
"I used to hate writing, but now I enjoy it. I realized that the purpose of writing is to inflate weak ideas, obscure poor reasoning, and inhibit clarity. With a little practice, writing can be an intimidating and impenetrable fog!" - Calvin and Hobbes |
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22 Oct 2002, 16:21 (Ref:410284)
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#24 | ||
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Racer
Join Date: Aug 2002
Posts: 221
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Jay, you're right on. Could be totally beneficial to CART in almost every way, beneficial to F1 in feeder, future security, continuing manufacturer support and keeping them happy.
Justin Wilson: "There's a lot of talk going on at the moment about CART and people saying it's on its way out, but I still feel there's a lot of enthusiasm and I reckon that it's at the bottom of its lull," he said. "There's been a lot of negative talk, but I believe next year it will be strong, especially as everybody will be using the same engines. There are a lot of teams talking about going to CART, but these words just need to be put into action." Craig Pollock: "The link between F-1 and CART makes sense," Pollock said. "It appears to me that the vision of the top people at CART is very strong. It could help both sides if this actually did happen." |
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22 Oct 2002, 16:41 (Ref:410301)
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#25 | ||
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Veteran
Join Date: Mar 2002
Posts: 4,354
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If Bernie bought into CART it would stop the IRL whingers from preaching about the Death of CART. Bernie is nobodys fool and if he were part of CART you can be sure he would make something of it - good or bad
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