Arrows to be a "money tree," not a winning team

Arrows to be a "money tree," not a winning team

Post by CD' » Thu, 14 Jan 1999 04:00:00


Well, you make your own judgement.  The following are quotes from the new
investors at Arrows:

Prince Malik, who will be actively involved in the marketing of the team, said
the following: "This partnership will provide long term operating viability
for a team with extraordinary untapped potential. Tom's stewardship has taken
the business to such a level that we believe we can now exploit this to the
advantage of potential sponsors. We are buying into the leadership and vision
that Tom has set for the team, and he believes that this is a business that
can provide maximum entertainment for consumers as well as superior exposure
for sponsors and advertisers."

The Director for MGPE, Scott Lanphere, sounded optimistic and said: "I have
been asked whether Tom and Prince Malik promised that the Arrows team would be
 the top team in the line-up. I can tell you that they didn't. Instead, they
promised that Arrows would be the best business! We congratulate Tom in what
he and the management have built to date and we are all e***d that Prince
Malik, with his brilliant marketing record, was able to bring us all together
to effect the buyout and create this exciting combination of skills and
vision."

CD'A

 
 
 

Arrows to be a "money tree," not a winning team

Post by Gunther Rola » Fri, 15 Jan 1999 04:00:00


Quote:

>The Director for MGPE, Scott Lanphere, sounded optimistic and said: "I have
>been asked whether Tom and Prince Malik promised that the Arrows team would be
> the top team in the line-up. I can tell you that they didn't. Instead, they
>promised that Arrows would be the best business! We congratulate Tom in what
>he and the management have built to date and we are all e***d that Prince
>Malik, with his brilliant marketing record, was able to bring us all together
>to effect the buyout and create this exciting combination of skills and
>vision."

Man, that's even worse than any of the ***that has been coming from BAR.
Has anybody out there been able to make sense of this deal? Arrows truly
sucked in 1998. For 1999 they have one driver, no engine, no sponsors and
no designer (well, more or less). So what did Prince and his cohorts pay
120 million $ for? They are not aiming for being the top team, they want
to be the best business ?!? What the hell? I always thought that was somehow
connected.

So what exactly is Walkinshaws 'vision'?

Gunther

Quote:
>CD'A

--

 
 
 

Arrows to be a "money tree," not a winning team

Post by Irwin Saba » Fri, 15 Jan 1999 04:00:00

Where did they appear?

Quote:

>Well, you make your own judgement.  The following are quotes from the new
>investors at Arrows:

--
Irwin

t.i.n.s.t.a.a.f.l.
(Helping victims of conventional wisdom)

 
 
 

Arrows to be a "money tree," not a winning team

Post by Yousuf Kha » Sat, 16 Jan 1999 04:00:00

Quote:

>The Director for MGPE, Scott Lanphere, sounded optimistic and said: "I have
>been asked whether Tom and Prince Malik promised that the Arrows team would
be
> the top team in the line-up. I can tell you that they didn't. Instead,
they
>promised that Arrows would be the best business! We congratulate Tom in
what
>he and the management have built to date and we are all e***d that Prince
>Malik, with his brilliant marketing record, was able to bring us all
together
>to effect the buyout and create this exciting combination of skills and
>vision."

There comes a time, eventually, when life comes full-circle. And today's
hoard of F1 "businessmen" will be replaced by F1 sportsman again. That'll
only happen after a few multi-million dollar bankruptcies.

And I don't believe this is just the case with F1, I think this shakeup will
happen in other sports like soccer football, american football, baseball,
basketball, hockey, etc. People will eventually take their blinders off and
figure out, "hey, this is just a stupid sport, it's just entertainment, why
are we making such a big deal out of it?"

                Yousuf Khan

 
 
 

Arrows to be a "money tree," not a winning team

Post by Stephen Baine » Sat, 16 Jan 1999 04:00:00



Quote:
>There comes a time, eventually, when life comes full-circle. And today's
>hoard of F1 "businessmen" will be replaced by F1 sportsman again. That'll
>only happen after a few multi-million dollar bankruptcies.

It wasn't that long ago when it was wealthy business were
owning/bankrolling teams. As far back as the late 80's and early 90's
with disasterous results.

Brabham was owned by a sucession of 'wealthy' businessmen and went bust;
March was owned by one wealthy businessmen for a few years and then
changed hands more time than someone holding a very hot thing - went
bust; Onyx were bankrolled by a wealthy man 'with a system' changed
hands a few times and went bust; Larrousse were owned at all times
partly by Gerard Larrousse, but he had the worst taste in business
partners, who nearly always turned out to be either crooks or ***ers
- went bust. I could go on.

F1 seems to attract a certain type of businessman...
--
Stephen M Baines

           Fingers crossed for Jutta Kleinschmidt & Tina Th?rner.

           F1/TouringCars http://SportToday.org/