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Entries in Chung (2)

GFC

Bernie is doing his bit to alleviate the GFC and restore the property market in London by spending 101 million pounds for two houses, one for each of his daughters. What must it be like to have that sort of money? Not that I begrudge him one dollar, he grew up not far from me in London and earned every one. There are many great lessons from Bernie's life we could all learn. Like Bill Gates, it is not inventing the product, it is knowing its potential and how to exploit it that is the genius.

We heard a few days ago about the HPD LMP1 car, and the rejigged LMP2, but now David Brabham is saying he is looking for a ride as the Highcroft team of Duncan Dayton is not a certainty to compete in ALMS. So who is going to run an HPD LMP1?

Alonso and Massa made some comments about to many buttons on the steering wheel this year.Alonso said "we are losing focus on the driving," and Massa " we have so many things to do...but we still have to drive the car." Thankfully. I'm still confused about where and when the movable rear wing can be used by the driver. Anthony Davidson said at the Autosport Show "You are pretty much going to be able to use it wherever you want [in practice and qualifying] and it is going to gain you anything up to 15km/h on the straights - so there is going to be a huge discrepancy of speed." But as I have read the rules it will only function when the car following is one second behind, so is it only the car following? Not much point if both can do it. And is this only in the race and it can be used when you like for the rest of the weekend as Ant suggests? Then I saw a piece that said there will be a predetermined point at the end of the main straight where a signal from Race Control will allow it to be used, which lead to a comment that you do not want to be leading going into the last lap. The comment also said this would lead to some strange strategies. Now this is nothing new, there are several tracks where that is the case anyway, Monza and Phillip Island to name two, but can anyone provide a comment to explain how this is going to really work, preferably before the season starts?

Does anyone else think Mr. Lorenzo needs some better advice on his self promotion? It is one thing to try and be a bit zany for the fans, and quite another to look totally wacko. There is no question he can ride the bike, he should let that do the talking. Nothing like this happened in the old days, riders just did normal stuff like putting rental cars in swimming pools. Rossi in the meantime did not seem to be having too many problems with that shoulder at Wroom.

It seems a day for comings and goings or coming back. Eric Boullier tells how he "shook off the ghost of Briatore," but wants Grosjean back in F1. Then you should have hired him I would have thought? Mr. Chung wants back in at KAVO and is going to sue, and Pat Symonds wants back in and is looking for a job. Massa is hoping the Pirelli's will save his seat at Ferrari, while Alonso announced he has a new press secretary, Roberta Vallorosi, who has worked for Rossi apparently.

Talking of comings and goings, the Professional Circuit Forum that was to be held in LA this April will now be staged in November on the east coast and will include a trade expo. The organizers are making the change to have one Forum a year and here in the US at a location to be determined, but south rather than north at that time of year.

Hero to Zero?

One month you win the FI Promoters Trophy and the next your Company fires you. That's Mr Chung's "reward" for staging such a great event apparently. Most of us could not work out why he got it, and neither can KAVO, the ones putting up the money. "Investors felt that KAVO Management under Mr. Chung could not guarantee success this year." So who did they appoint in his place, the ex-ambassador to Switzerland. An obvious choice.

I've actually been there. In Adelaide we won the same trophy, for what it is worth now, and after the second year I was "let go." It seems the Board thought I spent too much, but my successor is quoted in the next year's program that when there is a problem you just throw money at it to get it fixed. When you are staging a race to promote a State or Country and it starts at 2 pm on Sunday you do what it takes to make it happen. Not suggesting this is what Mr. Chung did, he barely staggered over the start line. In truth he is the scapegoat for false illusions. If KAVO thinks its going to make money on an F1 race then they need to fire the guy who did the feasibility, and as Chris Pook told me, "If Bernie thinks your making money he will put the price up."

There is a very interesting post about England's anti-bribery laws about to come into effect. It seems it casts a pretty wide net over what is considered bribery, and could include corporate entertainment and tickets. So the British based GP teams are concerned that sponsors are going to think twice about handing over loads of cash in future. Australia brought in a tax on entertainment back in the late eighties, which covered company cars and meals etc., but the employer paid it, not the recipient. Could not upset the union members with their perks. Not sure if that is still in play, I cannot see a Government giving up a tax, but it did increase the cost of taking corporate boxes for example, as you had to pay a tax on it instead of it being a tax deduction. All very topical with the Gribkowsky bribery scandal going on.

A line in the quote from Mercedes about the launch of this year's F1 car struck me as odd. "The Brackley based team said its' new single seater." Haven't see a GP car with more than one seat for quite some time.

It appears all our fears about the 2013 engine sounding awful are ill founded. Alonso says he is sure his engineers can make it "sound sexy." This must be a first, engineers trying to increase the noise coming out of a car.

News on the sportscar front has Honda confirming it will race in the LMP1 class while still producing an LMP2 car. It's goal of an outright win at Le Mans by "I can do it without a wind tunnel" Nick Wirth sounds a bit far fetched, but anything that adds to the fight at the front is welcomed. Aston Martin are working to have one of their new for 2011 cars ready for Sebring and David Richards is satisfied that the ACO rule #19 will ensure they can battle the Peugeots and Audis. I will not hold my breath on that one.