Honda: search for a ‘serious buyer’ continues

Amidst widespread media speculation, Honda revealed on Monday they are yet to find a serious buyer for their Formula One team. The Japanese car maker put the team up for sale in December, after announcing they were to withdraw from the sport in light of difficult economic conditions in the global auto market.

Although a bid from the Virgin Group and an internal management buyout have both been rumoured, Honda CEO, Takeo Fukui, disclosed at a press conference in Japan that the company’s search for a viable purchaser is still ongoing.

“There are various offers for the team but we have not seen any serious buyer yet,” said Fukui in Tokyo. “We find the sale process difficult.”

Honda also announced on Monday that Fukui will step down from his role as CEO and President of Honda in June, to be replaced by Senior Managing Director Takanobu Ito. Fukui will continue in an advisory role.

Source:
http://www.formula1.com

BMW Sauber upbeat after Bahrain test

BMW Sauber are in a confident mood for the season ahead after enjoying a productive test in Bahrain this week. Driver Nick Heidfeld and tester Christian Klien completed over 2,300 kilometres in the F1.09 during the four-day session at the Sakhir track.

“The long test in Bahrain was very productive,” said technical director Willy Rampf. “We could work with the cars in temperatures we would not have encountered in Europe at this time of the year, making it good preparation for the first races of the upcoming season.

“We worked mainly on the general set-up of the F1.09, trying numerous solutions on the mechanical and aero side of the car as well as gaining experience with the three available tyre compounds. We also made good progress with KERS. Overall we reached our target of collecting as much data as possible about the car's reactions to changes in the set-up.”

While Klien tested on Monday, Heidfeld spent three days in the F1.09 and covered 300 laps. The German clocked his best time of the week on Thursday, when he went second quickest with a lap of 1m 32.225s. And after finishing under a tenth of a second down on Ferrari’s Felipe Massa, Heidfeld was also pleased with progress.

"The track conditions were the best they have been all week," explained the 31 year-old, after Thursday’s session had concluded. "We could already try a couple of improvements. The car reacts to changes as planned, so I'm confident we are working in the right direction."

BMW Sauber will return to the test track in a little over a week’s time, when the majority of teams come together for a four-day test at the Spanish circuit of Jerez.

Source:
http://www.formula1.com

USF1 team to launch later today

Four years of intense preparation will culminate later today with the launch of the new USF1 team.

Peter Windsor and Ken Anderson, the men behind America's first F1 team in more than two decades, will today reveal their plans for the new outfit, launching on American-based Speed TV.

"We have spent time putting together the right infrastructure," Windsor told The Independent.

"In many ways we have done the really hard work, sourcing the right investment and sponsorship which will enable us to keep the team in the hands of the people who know what they are doing without the need to sell 80 per cent to a figurehead.

"We finally achieved our investment goals two weeks ago, and have the money to do what we want to do. We will be a lean and mean operation and will viciously control the head count.

"We always said that we would officially go public once we started to hire people. That moment has arrived."

As for rumours that the team could sign Danica Patrick, Windsor said: "We have yet to speak to any drivers, but we are looking at every American with the right credentials, and Danica is definitely on the list."

Source:
http://www.planetf1.com

Kimi reiterates: Ferrari will be my last team

Kimi Raikkonen has reiterated his desire to end his F1 career with Ferrari.

The 2007 World Champion is currently contracted to the Italian stable until the end of the 2010 season, with some rumours claiming that could be his final year in F1.

However, Raikkonen says he may yet continue - but only if he stays on at Ferrari.

"We'll see whether in two years' time I'm still enjoying myself or whether I want to do other things," the Finn told Corriere della Sera.

"But what's certain is that Ferrari will be my last team. Which doesn't meant that I will definitely quit in 2010..."

Source:
http://www.planetf1.com

Virgin On The Ridiculous

By Andrew T. Davies
There's some odd things going on down at Brackley right now. As the hour approaches when the Honda Racing team need to announce a financially solvent new owner, there are rumours and counter-rumours.

Will Honda sell to the management team, will they sell to Virgin, will they sell to an as yet unnamed third party, or will they - as they hinted today - simply disband the team?

When the team were put up for sale and the world of F1 gathered itself after the sudden shock, it was widely thought that David Richards and his ProDrive outfit would step in.

Richards had long cherished the dream of entering F1 after he was awarded the 12th slot on the grid by the FIA, back in the days when customer cars were the way forward. When he stepped back from the deal, the management team, led by CEO Nick Fry, became the front runners.

But there was obviously internal dissension as a source within the team started leaking information to the press. There was a report in the Daily Mail that the Department of Trade and Industry (DTI) were investigating Fry's role in the sale of the team - amid suggestions he could be favouring himself as part of a management buyout.

Fry then got all uppity at suggestions that he was acting anything less than with utmost propriety.

"I would like to make clear that Honda Motor Company, as the owners of the Honda Racing F1 Team, will decide on the future of our team following their decision to withdraw from Formula One," he told autosport.com.

"At all times during the process of securing the future of the team, senior managers from Honda Motor Company have been present at our HQ in Brackley to assist in making decisions and we have taken legal advice at all times, to ensure no conflict of interest.

"It is evident that attempts are being made by external parties to frustrate this process. However, we will not be deterred from our focus of securing a positive future for the team and its 700 employees and achieving our target of lining up on the grid in Melbourne for the start of the 2009 season."

Viewed from the outside it sounded like someone in the Honda Racing team thought that Nick Fry's management team were putting their interests in ownership above the long-term interests of the team as a whole.

Virgin would be bringing new money into the sport and would give the team independence. The last thing that FOTA would want right now is a team that is dependent on Bernie Ecclestone's money. There have been suggestions that the only way Fry's management buy-out could succeed is with money from Bernie. I hope that's not true.

Richard Branson doesn't like failing. Were he to take over the team then it would be a much bigger story if Branson let it fail than for the management buyout to fail, and for that reason alone Honda Racing are better off in Virgin's hands.

Ecclestone himself said he would welcome the Virgin Group into F1. "We would welcome them with open arms," Bernie told The Mirror. "He's exactly the type of person we would want in the sport. Sir Richard Branson is a wonderful guy. I met him at Monza last year and we got on very well."

It would be like having another Dieter Mateschitz or Vijay Mallya on the grid, someone incredibly successful who couldn't afford to fail. Far better than someone who couldn't find a title sponsor in the last few seasons.

And there is one good thing to emerge in the last few days - Texan billionaire Alan Stanford had no interest at all in F1.

Source:
http://www.planetf1.com

Vermeulen sure of Suzuki progress

Chris Vermeulen believes the new Suzuki GSV-R MotoGP machine is 'consistently faster' than the underperforming 2008 version, leaving him encouraged for the season ahead.

Suzuki was the biggest surprise of the recent Sepang test, when Loris Capirossi posted a top three lap time over all three days - plus a race simulation around 18sec faster than he had managed on his way to seventh in October's Malaysian Grand Prix.

Vermeulen backed up the experienced Italian's performance with fourth, fifth and sixth places over the three days and a final lap time 0.623sec behind pace setter Casey Stoner (Ducati) and 0.404sec from Capirossi.

“During the time off Suzuki has been working hard, they brought new chassis, aerodynamics, electronics, engine - a lot of stuff,” Vermeulen told Crash.net. “Not everything has been an improvement but the bike is a lot better, we're going consistently faster and we've definitely moved forward at this track.

“A lot of our information came from the Phillip Island test [in November], which is a track we've really struggled at. So to have things work here as well is a good sign for us for the whole season.”

Like Capirossi, Vermeulen also completed a long run on the final day, albeit 15 laps compared with 19 for Capirossi.

The former World Supersport champion set an average lap time of 2min 2.644sec during that run, which compares with an average of 2min 3.865sec during 20 laps at the grand prix (excluding the first lap due to the standing start) which Vermeulen finished in ninth place.

Capirossi's average lap during his long run was a 2min 2.605sec, indicating that the two Suzuki riders are closer than it might appear from the test ranking.

Team manager Paul Denning recently told Crash.net that Suzuki's V4 engine had made just as much progress as the rest of the bike, but conceded that “a little more top power and top speed” is the main area of additional improvement.

“Chassis wise and electronic wise we've definitely made a step, but we still need to work on the engine,” said Chris, the only Suzuki rider to win a race on the GSV-R, courtesy of his wet weather victory at the 2007 French Grand Prix.

“We have a little bit more power and the way the engine applies the power is now smoother,” he said of the new powerplant. “Opening the throttle and getting the power down has traditionally a tough area for us, but the biggest area of potential improvement for us is still top speed, where we are a little bit slow.”

As part of their efforts to increase top speed, Vermeulen and Capirossi took part in wind tunnel tests late last year.

“Loris and I went to Japan in the middle of November and tested in the wind tunnel, our body positions and also different parts for the bike and that's what they've developed now with the cowlings,” he explained. “It's definitely helping us, a few kilometers an hour, which is good. The changes are just aimed at top speed rather than handling and they didn't want to take away any of the downforce or the forces we have.”

2009 will be Vermeulen's fourth year at Suzuki and his second alongside Capirossi. While some MotoGP teams have a pit garage visibly (or invisibly) divided, the two Suzuki riders struck up a strong working relationship from the start of last year.

“Loris is only half my height and half my weight, so we have to get two people of such a different size on the same bike,” smiled Vermeulen. “We work quite well together. For me it's great. This is his 20th season in grand prix, he's done something like 280 grand prix starts, so he's very experienced and he's a really nice guy, easy to get along with.

“We can work closely together to get as much information to the engineers to develop the bike, but come the first race of the year we will be trying to beat each other more than anything! That's normal.”

Vermeulen has taken seven podiums, three poles and a best championship ranking of sixth (2007) so far in MotoGP. The Australian was eighth in the 2008 championship, two places ahead of Capirossi.

Source:
http://www.crash.net

Honda RS250RW

Technical Specifications
Overall Length (mm) 1,960
Overall width (mm) 640
Overall height (mm) 1,090
Wheelbase (mm) 1,350
Road Clearance (mm) 110
Weight (kg) Over 100
Engine Type
Liquid-cooled, Two-stroke, Case reed valve, V-2
Displacement (cc) 250
Max Power (PS) Over 90
Frame Type
Twin-tube
Tire size(inch) Front 17
Tires Dunlop
Rear 17
Suspension Front Telescopic
Suspention SHOWA SPL
Rear Pro-link
Fuel Tank Capacity (L) 21

Photo:
http://www.honda.co.jp

Source:
http://world.honda.com

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