Formula One News — November 2001

NOVEMBER 30, 2001

Why McLaren-Mercedes have made the right move with Michelin

The McLaren-Mercedes team's decision to switch from Bridgestone to Michelin tires in 2002 looks a bold and audacious decision.

Formula 1 loses its most famous fan

Grand Prix racing has millions of fans around the world but one of the biggest fans of them all was Beatle George Harrison.

Arrows and Bridgestone agree on long-term deal

Arrows has announced that they will continue to use Bridgestone tires in 2002 and beyond, extending a relationship that began in 1996.

Jaguar to launch R3 on January 4

Jaguar Racing is to launch the new R3 chassis at its Milton Keynes headquarters on January 4.

NOVEMBER 29, 2001

McLaren to diversify into furniture!

The McLaren Formula 1 team says it will be producing and marketing its own range of furniture in the future, based on its designs which have been commissioned for the new Paragon factory.

Suharto arrested

Tommy Suharto, the Indonesian playboy who once planned to have a Grand Prix in Jakarta, has been arrested after a year on the run from the authorities.

Ford plans to slash more jobs

The Ford Motor Company is about to announce major cost-cutting measures, which are expected to include around 20% of the management jobs in North America and the possible closure of four of the company's US factories.

Monaco in Florida?

London Bridge was moved to the United States brick by brick, but CART is hoping that less drastic measures will be required to conjure up the magic of the Monaco Grand Prix.

GPWC presents new series to F1 teams

On Tuesday in Geneva the Formula 1 team bosses (with the exception of Tom Walkinshaw) turned up for a presentation about the planned Grand Prix World Championship in 2008.

Minardi helps Argentine star

A couple of months ago the European Minardi team announced a deal to help the Argentine automobile club to promote young drivers and on Wednesday Martin Basso visited the team's Faenza facility.

McLaren not buying Ilmor

McLaren boss Ron Dennis says that the team has no plans to buy a share in Ilmor Engineering but said that it is not impossible that DaimlerChrysler will increase its involvement and thus strengthen the links between the various companies.

Steiner joins Jaguar F1 team as Managing Director

Jaguar F1 team principal Niki Lauda's determination to shape his operation into a competitive force has seen him raiding a rival section of the Ford competitions empire to secure the services of Guenther Steiner as Managing Director of the Grand Prix team.

CART on the verge of collapse?

There are reports from the United States of America of a revolt by the promoters of the races who are rumored to be insisting that CART guarantees a minimum number of cars and a cut in the fees being levied for the races.

Cosworth Racing announces new boss

Trevor Crisp has been running Cosworth Racing in for the last two years but he has now reached retirement and the company has decided to appoint 49-year-old Brendan Connor as the new chief executive of the company.

Brazilians short of cash for Interlagos safety work

The City of Sao Paulo says it cannot afford to invest in safety work which has been asked for by the FIA for the 2002 race.

Action at Bercy

There was a time when the annual karting at Bercy attracted World Champions and other Formula 1 stars but in recent years the event has faded and this year has lost the backing of Elf. Philippe Streiff, the organizer of the event, has landed support from Speedy and the Speedy World Cup Indoor Karting will take place this weekend.

NOVEMBER 28, 2001

More strife at EM.TV

The finance director of EM.TV Marius Schwarz has quit the operation after only three months in the job, having fallen out with the new boss Werner Klatten over whether or not EM.TV should sell its remaining shares in SLEC.

What are the realistic hopes of Prost Grand Prix?

It is not a big surprise to hear that as soon as Prost Grand Prix was placed in redressement judiciare a number of different projects to take over the team began to be mentioned.

The Canadians re-emerge

According to reports in the Canadian Press a Ottawa group is once again trying to buy Prost Grand Prix. The group was mentioned as a possible buyer of several teams a year or so ago.

Grandprix.com at the Motor SportBusiness Conference

The Motor SportBusiness Conference in Monte Carlo on December 13-14 will feature a variety of speakers.

Ferrari planning to start 2002 with F2002

Ferrari chief designer Rory Bryne has rejected reports that the team will start the 2002 season with the F2001. Bryne admitted that they are experiencing some trouble with the new single unit engine/gearbox, but said they are still on schedule to start next year with the new car.

The birth of GPWC Holding BV

GPWC is the company that intends to start its own World Championship in 2007 and one can only guess that the name stands for Grand Prix World Championship.

Sauber to launch new car in Zurich on January 25

The Sauber team has announced that it will be unveiling its new Sauber Petronas C21 in Zurich on January 25. The car will be raced next year by Nick Heidfeld and Felipe Massa and while the team cannot really hope to much better than this year.

Michael loses something

Michael Schumacher has sensationally not won a major German sporting award.

Frentzen and Arrows

Despite stories which are circulating to the contrary we believe that Heinz-Harald Frentzen does have some form of agreement with Arrows - even if the actual contract is yet to be signed.