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Old 11-18-2004, 20:56   #1 (permalink)
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BAR sells 40% to Honda

www.f1racing.net

Honda has bought a 40 per cent chunk of Formula One team BAR, numerous media outlets claimed on Wednesday. Brackley-based BAR, presently owned by British American Tobacco, agreed a deal - said to involve the handover of a non-controlling stake of the shareholding - to the Japanese carmaker.

It is also reported that David Richards will make way for a new Honda-appointed team principal -- Nick Fry. "There is nothing we can say at this stage," Fry was quoted as saying in a BBC article.

BAR shareholder and co-founder Adrian Reynard, though, denied that the subject of a sale to Honda was brought up at the last board meeting.

But he said he would be 'totally supportive' of the reported buy-out.
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Old 11-18-2004, 21:13   #2 (permalink)
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Re: BAR sells 40% to Honda

Isnt Nick Fry the prodrive guy who came town to "fix FPR"??
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Old 11-18-2004, 21:16   #3 (permalink)
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Re: BAR sells 40% to Honda

Yeah.
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Old 11-18-2004, 21:16   #4 (permalink)
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Re: BAR sells 40% to Honda

hmmm interesting. Wonder how that will influence their driver selection. I know that Honda wanted a Japanese driver this season, hence the appointment of Takuma Sato.
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Old 11-18-2004, 21:24   #5 (permalink)
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Re: BAR sells 40% to Honda

Why would they want Nick Fry in there instead of Dave Richards? is Fry got a more technical mind or something?

I dont really know much about the relationship between Prodrive and BAR
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Old 11-18-2004, 22:15   #6 (permalink)
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Re: BAR sells 40% to Honda

didn't Prodrive have a contract with BAR until 2005 or 2006?? After then Prodrive/Dave Richards hands over the reins to someone else??
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Old 11-21-2004, 15:12   #7 (permalink)
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Re: BAR sells 40% to Honda

I read something in F1 mag about Richards getting out of BAR.
It's all vague but there were hints at a say, more administrative,
roll in the sport. Problems tohugh RE: it's not what he planned.
Have to go and have a re-read.

Was all to do with what BAR will do when tobacco is banned on
the cars.
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