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30 Dec 2001, 21:40
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#1
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Veteran
Join Date: Dec 2001
Posts: 1,354
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Heinz to Arrows
At the forum at the HH Frentzen site, I came across this one:
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Earlier this day, december the 30th, Team Arrows announced that they've secured the services of Heinz Harald Frentzen for the 2002 campaign. As it seems, Jos Verstappens contract will be subjected to a buy out, performed by entrepeneur and Minardi teamboss, Paul Stoddart. Bernoldi looks set to take the second seat at Arrows. More news will follow.
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No source mentioned.
Could anyone confirm?
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30 Dec 2001, 21:51
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#2
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Veteran
Join Date: Apr 2001
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my sponsors will love this bit of space. |
Posts: 1,953
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I didn't know about Jos' contract buyout. Should be good for Minardi. Everything else is covered in a thread lower down the page.
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30 Dec 2001, 22:25
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#3
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Veteran
Join Date: Mar 2000
Posts: 3,320
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Still no news from Arrows , so this story is'nt true.
And like Jos said in his interview with RTL5 this week:"there is no buy out option in my contract"
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30 Dec 2001, 22:59
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#4
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Veteran
Join Date: Sep 1999
Posts: 3,964
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Surely a buy-out wouldn't be mentioned in a contract? :confused:
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30 Dec 2001, 23:09
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#5
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Veteran
Join Date: Dec 2001
Posts: 1,354
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Tha fact that the Arrows-site doesnt mention anything, doesn't mean this isn't true. Unless you badly want this not to be true.
Even if there the buyout-option isnt explicitly mentioned in a contract, that doesnt mean a contract can not be sold. Apperantly Stoddard is interested in Jos and Arrows is interested in getting rid of him in favour of Frentzen. So a deal can be easily made. A matter of demand and offer.
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30 Dec 2001, 23:39
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#6
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Veteran
Join Date: Sep 1999
Posts: 3,964
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Ah...
Another rumour is that Heinz himself is going to buy-out Jos' contract, but personally I think it is more likely that Minardi will buy him out.
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31 Dec 2001, 01:03
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#7
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Rookie
Join Date: Jun 2001
Posts: 33
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.....and as Heinz knows, contracts don't seem to be worth the paper that they are written on.
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31 Dec 2001, 07:22
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#8
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Veteran
Join Date: Mar 2000
Posts: 3,320
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Heinz actualy denied it himself already
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31 Dec 2001, 10:13
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#9
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Veteran
Join Date: Jul 2001
Posts: 1,316
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Quote:
Originally posted by NiceGuyEddie
Even if there the buyout-option isnt explicitly mentioned in a contract, that doesnt mean a contract can not be sold. Apperantly Stoddard is interested in Jos and Arrows is interested in getting rid of him in favour of Frentzen. So a deal can be easily made. A matter of demand and offer.
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Yeap, but, if buyout is not an option in the contract, than the driver is not obliged to go to drive for whoever buys out his contract - he can simply collect his fee, and leave.
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