Magna V8 ambush plot - Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars
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post #1 of 60 (permalink) Old 03-20-02, 09:04 AM Thread Starter
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Thumbs down Magna V8 ambush plot

From Herald-sun newspaper:

Mitsubishi is plotting to turn home-grown V8 Supercar racing into a three-sided title fight.

It is developing a top-secret Magna V8 racer capable of threatening the Commodores and Falcons which compete in the touring car championship class.

It refuses to even discuss its V8 Supercar ambitions, but all three of its local showroom rivals - including Toyota - are aware of the Mitsubishi move and are openly discussing their response.

Mitsubishi could put a Magna V8 out as early as next year, using an American Chrysler power plant turning the rear wheels, although 2004 is a more likely start-up date. "They have an engine and they've sent a couple of Magna bodies to the US for development" said a senior executive at one of Mitsubishi's rivals.

Toyota has also considered joining the V8 Supercar war, but believes a V8-powered , rear-wheel drive Camry would be too much of a stretch from the V6-engined, front-drive cars it sells in showrooms.

A racing plan for Brand T has twice been taken to the company's top Australian executive, John Conomos, only to be rejected by the senior executive vice-president because of the unproven benefit of competing with a V8 Camry.

The governing body of V8 Supercar racing, Avesco , is also aware of Mitsubishi's plan , but refuses to talk.

But Avesco chairman Tony Cochrane admitted the series could be opened to a third carmaker if it had enough money, satisfied some tough conditions, and would be accepted by fans.

"For a start, it would have to be a local. We're not intersested in overseas brands," Cochrane said. "We would also have to do research with our fans. It would be quite a detailed and costly process."

Cochrane estimated the bill for a start-up carmaker in V8 Supercars would be around $10 million, from the first $200,000 "seed" money for permission to begin development work through to $4 million first-year racing budget.

But Holden and Ford aren't likely to welcome Mitsubishi - or any other newcomer - to their private V8 Supercar battlefield.

Correct me if i'm wrong but did'nt Mitsibishi have money problems and almost shut down?
This category is Ford vs Holden and it should stay that way.
Ford and Holden race in the series to sell cars in the showroom.
If Mitsibishi built V8 rear-wheel drive cars for the showroom then i'll understand for them entering the series but they don't, so what's the point?

It's just my opinion

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post #2 of 60 (permalink) Old 03-20-02, 01:09 PM
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I don't think they should be alowed until they sell RWD V8 sedans. Up until then no way. If they do this then great. Let them enter. Imagine the whole parity debate if they did enter though..

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post #3 of 60 (permalink) Old 03-20-02, 01:54 PM
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Heading more & more in the direction of Sports Sedans. Like FM said, they should be allowed in until they sell RWD in Australia.

Give me GTP over the V8's any day.
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post #4 of 60 (permalink) Old 03-20-02, 01:59 PM
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It would make a complete joke of the whole thing if they let mitsubishi and toyota race cars they don't even sell. Let them race them as they sell them FWD, now that would be a larf.

MMMM hope they don't go AWD

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post #5 of 60 (permalink) Old 03-20-02, 03:13 PM
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Re: Magna V8 ambush plot

Originally posted by 00 Motorsport

Correct me if i'm wrong but did'nt Mitsibishi have money problems and almost shut down?
They'll just get another handout from the Govt, they'll have plenty of $pare buck$ to throw away from the fifty new speed cameras they are installing in NSW.

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post #6 of 60 (permalink) Old 03-20-02, 06:07 PM
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DFoesn't a motor company have to sell 500 vehicles before it can be entred into supercars?

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post #7 of 60 (permalink) Old 03-20-02, 09:14 PM
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REgardless of what they make or what they sell, they should not be allowed into the series. Its Holden VS Ford - adding a new team will definatley dilute the series and Misti will not be supported by many people
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post #8 of 60 (permalink) Old 03-20-02, 09:47 PM
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Ford Vs. Holden, ALWAYS
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post #9 of 60 (permalink) Old 03-21-02, 12:40 AM
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MMM chrysler. MMMM imagine a 426 hemi powered RWD Magna!
ANyway, I agree, they as well as Toymota shouldn't be alowed to enter till they sell RWD V8 cars.

Besdies that, the poeple who like mitsubishi and toymota don't like them becasue of magna and Camry. They like them for cars like the Supra and Evo's as thier cars are "V8 killers". This would be going out of thier target market.

If you look at it the other way though, myself, like many other poeple on this board, still follow rally with "4 cylinders missing" and would also love to see the Focus RS come into Australia.

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post #10 of 60 (permalink) Old 03-21-02, 01:16 AM
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Screw that until they make a RWD V8 stuff em
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