secret black ops teamDieH@rd said:
^ which team is that?
williams temporary testing livery
secret black ops teamDieH@rd said:
^ which team is that?
Only temporary? Awww, I was hoping they'd do a stealth livery. You know, so nobody will notice when they DNF.S. L. said:secret black ops team
williams temporary testing livery
That's the interim HRT from the first week of testing.Shaneus said:What team is that in the pic two posts above this? Looks badarse.
i THINK it's the 2010/interim HRTShaneus said:What team is that in the pic two posts above this? Looks badarse.
Adam CooperMore information on the upcoming Williams IPO emerged today. Shares will be launched in Frankfurt in Euros at a price range of 24 to 29. Given the number of shares for sale and the fact that they comprise 27.39% of the total, the mid-point of that values the business at 265m.
Although he is not named officially, the bulk of the shares up for grabs come from Patrick Head, who intends to retain a small stake even after the sale.
Todays release from the financial PR company working with Williams trumpets the business as follows:
IPO positions Williams F1 for the future, providing a more sustainable ownership structure that will support its growth as an independent constructor
Offering follows three years of profits and a net cash position of £24.8m as at year-end 2010
Sponsorship is fully secured for 2011, complemented by stable commercial rights income.
Group has two businesses, Formula One and New Businesses, led by Williams Hybrid Power (WHP)
Growth to come through ability to unlock value of intellectual property and world class technology
No new capital being raised existing shareholders selling down part of shareholding in order to allow investor participation
IPO increases ability to attract and retain key talent through share ownership
Public company status and standards viewed positively by sponsorship partners
Unique opportunity to invest in global sporting brand and leverage success of F1 business
The release goes on to say: Williams is financially strong the Group has been profitable for the last three years, has solid cash reserves, and its 2011 budget is already fully contracted.
In addition to the overall growth of the sport, Williams long-term growth is driven by its ability to unlock the value of its brand, extensive IP and world class technology. The Group has a significant R&D business which is currently developing energy-saving applications and green technology. Already, Williams is working with companies like Porsche and Sainsburys to transfer its technology for everyday use.
Meanwhile Frank Williams is quoted as saying: This IPO marks a new era in the history of our team. Our future as an independent constructor is sustained by this listing, providing us the base from which to further grow.
Chairman Adam Parr adds: We have spent the past few years working to ensure a long-term future for the sport. Having accomplished this, the time is now right to assure Williams own future as an independent constructor, in this rapidly evolving industry.
Even Bernie Ecclestone who one could speculate may have reservations about details of FOM earnings emerging in the accounts of a listed company has added his support: I have known Frank Williams for more than 40 years. He has always run a very efficient organisation. He has never wanted to be taken over by either a car manufacturer or a large company. He has supported Formula One in many ways most of his life, as has Patrick Head. We want more Franks and Patricks. If I could buy shares in the Company I would.
Karthikeyan: Check out the first pictures of the new Hispania Racing F111.Shld be a big step forward.
Piquet Jr: your Nascar Truck from last year is quicker I'm sure!!! =D
navanman said:Even Bernie Ecclestone who one could speculate may have reservations about details of FOM earnings emerging in the accounts of a listed company has added his support:...
http://bit.ly/hdbiek said:Germany was chosen for the Williams IPO because the level of disclosure is lower so confidential FOTA and FOM information relating to the Concorde Agreement will not be revealed.
some interesting tidbits plus the cars seem more difficult to driveQ: You have tested the new car. How does it feel?
KK: The feeling is okay, but of course the important thing now is do to as much mileage as possible. It was the first time that I did set-up work so it was a very interesting task for me. Last years car had much more downforce and that was much easier to drive, but the car itself seems okay.
eh they just haven't finished contractual details. why else would he be driving if they had other viable options. Senna is just some leverage for the contract i guess.Leunam said:Renault say they are in no rush to pick a replacement but this tells me that Heidfeld will likely be their choice.
S. L. said:http://www.itv-f1.com/News_Article.aspx?id=50021&PO=50021
Heidfeld and Senna will test at Jarez for LotusRenault. I guess Heidfeld is pretty much in the bag then.
adamcooperf1 said:In F1 speak 'evaluating' Heidfeld means they haven't quite worked out the details. He's done 172GPs, they know what they're getting
Adam CooperTo no ones great surprise Ford has taken legal action in Detroit against Ferrari for using the F150 name on its new car.
It seems that nobody in Maranello had noticed that one of the worlds biggest vehicle manufacturers had been using the designation for its most popular truck since 1975.
Ford is particular irate over the existence of the www.ferrariF150.com website, and has accused the Italian company of cybersquatting and trademark infringement, according to paperwork filed in US District Court in Detroit.
The court case appears to relate mainly to Ferraris use of and potential earnings from the F150 name in the USA, and given that there is no GP in the country, that might be hard to determine. Apparently Ford contacted Ferrari about the matter but did not get a timely reply.
A statement from Ford tonight said: F-150® is an established and important Ford trademark and the name of the best-seller in Fords F-Series, Americas best-selling trucks for 34 years and best-selling vehicles for 29 years. Through extensive sales and advertising and exclusive use, Ford has earned invaluable goodwill in the F-150® trademark. That hard-won goodwill is seriously threatened by Ferraris adoption of F150.
When Ferrari announced the name of its race car as F150, Ford asked Ferrari to change the name. Ferrari did not respond in a timely manner, leaving Ford no choice but to take legal action to protect its important brand and trademark rights.
S. L. said:eh they just haven't finished contractual details. why else would he be driving if they had other viable options. Senna is just some leverage for the contract i guess.
they'd be craaaaaaaaaaaaaaaazy to pick Senna over Heidfeild
More chance of Hakkinen turning up and driving for the lolz.rogue_pigeon said:I'm really hoping Senna confidently outperforms Heidfeld at the test, just to complicate matters.
This is the best news I've heard in a long time.navanman said:Ford to sue Ferrari
The court case appears to relate mainly to Ferraris use of and potential earnings from the F150 name in the USA, and given that there is no GP in the country, that might be hard to determine.
navanman said:Didn't I predict this would happen 2 weeks ago?
http://adamcooperf1.files.wordpress.com/2011/02/ferrari-f150-oops.jpg[IMG]
[URL="http://adamcooperf1.com/2011/02/09/ford-sues-ferrari-over-use-of-f150-name/"]Adam Cooper[/URL][/QUOTE]
Stop whining. Enter the F1, create a GT40 equivalent in form of a F1 car and beat the crap out of them. Suing is for pussies.
So they think no one can use the F150 name for anything else now? Interesting. And who is going to confuse the two?navanman said:
I like this line of thinking! Just as long as they try to make it all-American (by choosing a US driver that can't handle F1 for shit) and find a driver that's just *good*.brotkasten said:Stop whining. Enter the F1, create a GT40 equivalent in form of a F1 car and beat the crap out of them. Suing is for pussies.
S. L. said:Jerez Live Timing with some sort of commentary
http://www.yallaf1.com/live/
"Hamilton goes into the pits and takes the track. "S. L. said:Jerez Live Timing with some sort of commentary
http://www.yallaf1.com/live/
iSimon said:Looks like Red Bull are running a shark fin less RB7 for this round of testing.
http://img135.imageshack.us/img135/6315/webbredbjere2011.jpg[IMG]
God damn that back end is incredible.[/QUOTE]
Bloody hell.
iSimon said:Looks like Red Bull are running a shark fin less RB7 for this round of testing.
God damn that back end is incredible.
47 1:25.115
48 1:24.336 -0.779
49 ----
50 1:23.859
51 1:23.745 -0.114
52 1:23.546 -0.199
53 1:23.594 +0.048
54 1:23.404 -0.19
55 1:23.163 -0.241
56 1:23.035 -0.128
57 1:23.918 +0.883
58 1:23.166 -0.752
59 1:23.219 +0.053
60 1:26.603 +3.384
61 1:23.061 -3.542
62 1:23.358 +0.297
63 1:23.558 +0.2
64 1:24.132 +0.574
65 1:24.735 +0.603
Ferrari has reacted quickly to the threat of legal action from Ford by renaming its 2011 car as the F150th Italia.
The name emerged on the Ferrari website today in a story about progress with the car at the Jerez test, while Ferrari also republished its January 25th story where the F150 name was first announced exactly as before, but with the new name in place.
Yesterday Ford launched a legal action in Detroit over the use of a name that the American giant has used since 1975.
Ugh, that is so clumsy.navanman said:Looks like Ferrari took the threat of Ford suing them seriously and have today re-named their 2011 car to the F150th Italia..
navanman said:Looks like Ferrari took the threat of Ford suing them seriously and have today re-named their 2011 car to the F150th Italia..
Psychotext said:Awful name.
Looks like an air-flow meter to me.Orgun said:Just catching up with the autosport live Jerez text and saw this picture.
Bizarre
/shrugPsychotext said:Awful name.
It looks like Mclaren is taking it easy on the flow viz this year.Leunam said:Sensors probably. Speaking of which, when are they going to blast the car with paint?
not really surprising that Merc still has problems.Articate said:Brilliant.
PS: I wish Mercedes would just go out on a 10L run and get first place, so I'm not so nervous about their car not being all I was hoping it would :<
S. L. said:more pics of the McL mystery exhaust