BMW fails to sell Hinwil factory in time
By BMW Sauber F1 Team
August 6 2009
Statement of BMW Motorsport Director Mario Theissen on the current situation
"Since the announcement on 29 July of our strategic realignment, we have done everything in our power to reach a rapid agreement on the sale of the team based at Hinwil. Regrettably, despite every effort, this has proved unsuccessful. The tight timeframe we faced simply did not allow us and the interested parties and investors enough time to find a solution for such a complex transaction. This means the team cannot sign the Concorde Agreement at present. The aim now is, over the coming weeks, to find a solution together with potential interested parties and Peter Sauber. Beyond that, we will see the 2009 season through to its conclusion with our unstinting sporting commitment."
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They will pretend that they are trying and issue BS statements like this one.
Peter Sauber says BMW asked for too much money with sell of factory to him.
Now it will remain to be seen what that would mean legally. it was crucial to get into recently signed Concorde Agreement. Team would have continuity back from Sauber beginnings which would result in better money allocation. If now they would be accepted at later date on rule of excemption I wonder what that would mean finacially. Probably even less likely to do get an investor committed.
Now it's not playing ball with Peter Sauber's attempt to rescue the company of which he's been responsible for dedicated employee's since 83. He's mostly likely seen the young people he hired grow into families and bare children who may be young teenagers today. This guy cares about the cause and the commitment of life.
Sure he is motivated by the all mighty dollar, but if your not in today's world you can be swallowed instantly by its greed.
Asoft's opinion to me holds lots of water, BMW would hate to see a successor be triumphant. Again, a typical example of if it doesn't work their way, it's the highway !
sessions
Does anyone know of a way to contact BMW, where we can perhaps email our thoughts to them? They may not listen or care, but maybe a little bit of fan reaction could help things along a bit. If nothing else, they'll know about all the people they're @#$%& off.
I love BMW road cars. But I cannot imagine myself driving one now.
Now... just imagine that month ago they were still offering their RACE CLUB platinum membership for €1,000 per year. I wonder if they offer immediate refund now.
sessions...I agree with you on this one.

Quote:asoft
They simply do not want to sell the team as it would be a major blow to their ego if the team is sold and get's successfull in someone else's hands.
They will pretend that they are trying and issue BS statements like this one.
Spot on, they don't want anyone to emulate Brawn-style buyout and that's why they set such a high price for Hinwil factory so on-one could afford it.
I guess it's now FIA turn, they should select another new entrant for 2010...
Quote:Gemm
They don't care about our emails. They only care about our wallets. If we really do care about this enough to put heart ahead of brain when deciding on BMW road car purchase, this would be the best penalty for them.
You do what you want, but I just sent BMW worldwide and BMW Canada emails of what I thought of them and the current situation.
Contact BMW here:
[www.bmw.com]
If all that happens is to waste 5 minutes of time for some BMW office clerk, fine, but at least I told them what I think. However, if they start getting hundreds or thousands of emails, marketing people (same thing for politicians) know that not everyone sends emails/letters, so that in reality one email/letter likely represents 10 or 20 people.
Plus, I now feel a little bit better knowing I just gave somebody at BMW a piece of my mind, twice!

Edited 1 time(s). Last edit at 2009:08:06:22:49:21 by SauberF1-Canada.
I'm hoping Sauber is able to secure a trump card and BMW will remain just greedy enough to not walk away empty handed.
Again its an against the odds deal because of BMW's arrogant demeanour. That attitude if you are not going to win, may as well take the whole thing down with you seems to be a way of thinking.
sessions
http://www.autosport.com/news/report.php/id/77985
I say bad news cause Mercedes was the highest chance for engines next year, as Peter has spotted in Stuttgart for negotiations. Its unlikely that Mercedes could supply more than 3 teams.
So, while there are still other options, Ferrari being the strongest, it wont be good that RB get that 3rd nod.
Ideas of how things will develop?
Racing against the machine!
They won't care about Ferrari, Renault or Toyota engines... but not Mercedes
I am very disappointed by BMW's actions.
Williams and proud of it.
Munich will either make deal impposible of make it a way that make sure it's backmarker next year...
Racing against the machine!
[www.autosport.com]
Quote:A consortium backed by the Malaysian government is pushing hard for Lotus to beat BMW Sauber to the final slot in next year's Formula 1 world championship, AUTOSPORT has learned.
BMW Sauber chiefs have been looking for a buyer to secure the team's future, and there has been speculation that the outfit's Malaysian backers could support a buyout bid.
However, AUTOSPORT understands that the sponsors are instead close to throwing their support behind the totally new team that will use the Lotus name.
Edited 1 time(s). Last edit at 2009:09:03:17:06:29 by Misiu.
http://www.f1network.net/main/s491/st148923.htm
Edited 1 time(s). Last edit at 2009:09:04:11:24:21 by BMWF1Talk.
Quote:Any ideas on a good test driver? NOT Luca Badoer.
I think I might see if @danicapatrick and @BSenna would like #F1 drives next year.
Following discussions in Munich after the Belgian GP, I can state with some certainly that I will have a team on the grid for 2010.
[twitter.com]
Edited 1 time(s). Last edit at 2009:09:06:12:44:07 by barteks.
Williams and proud of it.
