January 30, 2010

Campos throws in the towel

One of the two 2010 Formula 1 rookie teams everyone has concerns about, Campos-Meta F1 has run out of options. Adrian Campos has sold what was left of the operation to ex A1-GP patron Tony Teixeira, fresh from that series' bust. Campos would stay on as team manager if the team can convince FOTA it has the proper funding for the season, on Monday in Paris.

You knew it was getting desperate when to attract sponsors, Campos was said to be courting a 31 year old woman as a team mate to Bruno Senna, who must now wonder what he got himself into.

Here is the article from AS



"El sueño de la primera escudería española de Fórmula 1 ha sido efímero. Campos-Meta ha sido incapaz de sacar adelante su proyecto y los accionistas han vendido la sociedad íntegramente a Tony Teixeira. En principio estaba previsto que salieran del accionariado tan sólo los socios de Meta Image, pero finalmente también Adrián Campos ha cedido su participación al comprador surafricano.

Los últimos flecos del acuerdo se han cerrado esta misma semana en una reunión entre las partes celebrada en Lisboa. En ella se concretó que Teixeira se hiciera con la propiedad completa de la escudería, aunque el ex piloto valenciano seguirá al frente del proyecto deportivo como team principal. Muy poco quedará ya, por tanto, del anhelado equipo español de F-1 que se presentó hace tan sólo unos meses y que suponía un nuevo hito para el automovilismo de nuestro país.




Este lunes, Campos deberá convencer en París a la FOTA, la asociación de equipos, y a la FIA de la solvencia de la escudería. Con la inyección económica de Teixeira debería ser suficiente, puesto que en caso contrario la FOTA podría decidir dejar sin plaza a Campos para traspasarla a Stefan GP, escudería en la que Ecclestone tiene intereses personales.Lo más paradójico de la situación es que ciertas fuentes señalan que, pese a todo, los socios de Campos-Meta pueden haber obtenido importantes plusvalías en la operación. Un pelotazo de difícil explicación..."







end of post

2 comments:

  1. if i could read espanol i would, but im english, wtf is going on with motorsports these days?>!>!>! yes im drunk and yes im pissed off!!! the fans! does anyone give a flying fuck about the fans? if it weren't for us motorsports wouldn't be shit other than year round testing. fuck a1gp and fuck any new f1 team that can't make the grade but talks the talk to piss in our pockets and tell us it's raining!

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  2. Relax, bro. Should try learning Spanish, a beautiful language, btw.

    The dream of a Spanish F1 team was ephemeral. Campos-Meta was not able to accomplish their project and the shareholders sold their part to Tony Texeira. Only the share from the Meta Image group was expected to be sold, yet Adrián Campos also sold his part to the South African buyer.

    The last details of the agreement were clarified this same week in a meeting that took place in Lisbon, where Texeira became the owner of the whole team and Campos was remained as the Team Principal. There is little left, thus, from the so expected Spanish F1 team that was announced just months ago and it was called to be a milestone in the Spanish motorsport.

    This Monday Campos must convince FOTA and FIA of the solvency of his team. Texeira's new investment should be enough, and if not, the FIA could exclude Campos-Meta from Bahrain's grid and give their place to Stefan GP, a team in which Ecclestone has interests in. Still the bigger paradox is that Campos-Meta shareholders may have received huge revenues from this operation, something very hard to explain...

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