Formula One News — April 2002

APRIL 14, 2002

Dubai announces F1 plan

Dubai is planning to build a Formula 1 circuit in the course of the next 18 months as part of a new development which will be called the Dubai Autodrome and Business Park.

Honda and BAR

There have been all kinds of strange rumors floating about in Formula 1 circles in recent days but the most believable one is that the links between BAR and Honda are going to be strengthened in the years ahead.

Hogan retires from Marlboro

John Hogan, one of the pivotal figures in the history of Marlboro's involvement in Formula 1, has retired from his job as one of the top Philip Morris marketing men in the EEC region.

John Judd goes to CART with MG Rover

John Judd has landed a major new deal to supply MG Rover with engines for the CART series next year.

APRIL 13, 2002

Mosley on Phoenix

The Phoenix Finance Ltd. bid to run a Formula 1 team has ended up in the courts with the representatives of Phoenix trying to force the FIA and FOM to let them compete this year.

Jaguar's new man?

There is speculation in Formula 1 circles that Reynard's former technical director Nick Wirth could be the man on Jaguar Racing's shopping list as an aerodynamicist.

Big guns meet Saturday

top management of the motor manufacturers are to meet on Saturday at Imola with the major talking point being the possibility of a deal with Bernie Ecclestone over the future of F1 television rights.

Russians in Italy

The Imola paddock witnessed a delegation of nine representatives of the planned Grand Prix in Moscow.

FIA to look at tire regulations

FIA President Max Mosley encountered the international Formula 1 press corps at Imola for the first time in a couple of years and fended off questions about the latest activities of the federation.

The restructured BAR

Full details are now coming to light about the new structure of British American Racing.

GPWC states intentions

The board of directors of the newly-constituted GPWC Holdings BV (Grand Prix World Championship) have confirmed that they have been approached by the banks representing the Kirch group and asked if there are interested in buying the share of SLEC owned by Kirch.

Is there a deal already over F1's future?

Total secrecy surrounds the negotiations between the automobile manufacturers and the commercial rights holder in F1, SLEC.

MG Rover announces CART engine

At a CART press conference in Long Beach, California, MG Rover has announced that it will be supplying engines to the CART series starting in 2003.

APRIL 12, 2002

Minardi denies rumors of move

In the last few days there have been rumors that the Minardi team will soon relocate from Faenza to Ledbury.

New telecom sponsor for Jordan

Jordan announced a sponsorship deal with British telecom company Virgin Mobile Friday, to begin at this weekend's San Marino GP.

Legal moves from Phoenix

Although information was hard to come by in the Imola paddock on Thursday, there were suggestions that back in London there was some fairly intense legal activity going on as Phoenix Finance Ltd. apparently tried to get an injunction to lift the ban on the cars competing in F1 his year.

"Pat " Flaherty

People often forget that throughout the 1950s the Indianapolis 500 was a round of the Formula 1 World Championship and so it is fair to say that the death at the age of 76 of George Francis Flaherty, known as Pat, marks the passing of one of the last Grand Prix winners of the 1950s.

Penske to build own chassis

Penske is looking at building its own IRL chassis, a move that could prevent Lola from entering the series next year according to this week's Autosport.

One to watch

Charlie Kimball, son of former Benetton technical director Gordon Kimball, it is worth noting that the 17-year-old from Camarillo, California last week completely dominated his first race in Formula Ford, beating two former US national champions and setting a new track record at the Thunderhill circuit.

Ford expanding racing!

The Ford Motor Company is rumored to be considering pulling back on its motor racing activities as the company faces massive restructuring and job cuts.

APRIL 11, 2002

Bombardier and BAR

There is speculation in THE MONTREAL GAZETTE that the Bombardier company may be discussing taking the title sponsorship of British American Racing.

If you are planning to go to Monza...

Watch out for the public transport maps in Italy. Apparently a clerical error means that maps which have been produced for the Milan metro system show the city's Parco Nord in the wrong place - with Monza being shown to the south of the park rather than where it really is to the north.

European firms looking to CART

The popular ESPN auto racing show RPM Tonight reported last night that CART chief executive Chris Pook has been in Europe in recent days meeting with car manufacturers to discuss their involvement in the championship in the future.

Reitzle to reduce his empire

Wolfgang Reitzle is expected to ask the Ford board of directors to take the Lincoln-Mercury company off his hands.

Kirch collapse under investigation

The financial dealings of the Kirch group are now being investigated by the German national bank regulator BaKred and it is likely that this could lead to a criminal investigation by the Munich state prosecution service.