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27 Mar 2009, 07:28 (Ref:2425896)
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#10 | |
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Veteran
Join Date: Mar 2003
Posts: 668
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The series is in its 4th season now, and started well before the current economic problems, and in fact during a period of "easy money". Unfortunately too many teams saw the series as an easy ride and did not prioritise the marketing of there teams while A1 was funding them. In fact the first two seasons A1 put in a tremendous effort into the marketing and hospitality side of the show to give the teams something to sell. Most just took advantage of these facilities. Pity.
GB franchise was never paid for and "seat holders" were just subs until a finacial purchaser could be found. I think that you may find that GB's biggest debtor is A1GP and there are several teams in the same position. All sound a bit fishy if A1 are now taking over the running. I bet there is no change in team stucture and it is only the teams current creditors who loose out.. CREATIVE ACOUNTING |
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