Subtleties are often missed in Formula 1 reporting. Yes, it is true to say that Ron Dennis has agreed to buy a majority shareholding in the McLaren Group (which does not include the road car company) but this does not mean that Dennis has bought the shares. If you go into a shop and ask for a pot of marmalade, it is not your’s until you have paid for it… In the case of McLaren shares, this purchase will require raising hundreds of millions, and if you have ever tried to do that you know that it is anything but easy. So will it happen? We will have to see. Ron is not a man given to wild statements and the firm has a lot to offer so perhaps finding the cash may not be as hard as one would think, but then if it was going to easy, would it not have been done already?
So the story may not come true. It happens sometimes that news hounds move faster than events and do end up being wrong. It is a risk of the game, but that usually takes time to come to light. Last week we had a string if stories that were debunked before they had even taken off. It was reported that Bernie Ecclestone was saying there would be a race in Qatar. This week he is reported as saying that it cannot happen. Last week there was going to be a race in Korea. This week there isn’t? Truth is that there isn’t much real news.
Steve Nielsen has left his role at Toro Rosso to become Sporting Manager at Williams. The Ferrari team has had a Christmas Party and the latest team boss has said that the team must try harder.
Wow! That’s leadership…
Bernie Ecclestone says he is going to propose a return to old engines.
Will he be saying the same tomorrow? And even if he does, who will vote for that except the teams that are not competitive with the new engines and don’t have the ability to do a better job.
I cannot imagine the FIA agreeing to undermine what little credibility it has left in F1 circles by voting to cancel its own terrific new rules.
And, in any case, is the work of the Strategy Group even legal under the laws of the land?