NEWS ARCHIVE

26 OCTOBER 1998

ARGENTINE PRESIDENT PROMISES TO SAVE RACE

ARGENTINE President Carlos Menem is not going to let the country lose its Grand Prix because of financial difficulties.

CHAMPIONSHIP PERMUTATIONS

AS the Formula 1 circus heads east to Japan for the World Championship showdown at Suzuka the two title contenders have been considering what they need to do to win. Mika Hakkinen has 90 points to his name and Michael Schumacher has 86. David Coulthard is third in the World Championship and cannot be overtaken but he could play an important role in the race. Eddie Irvine - a Suzuka specialist - is also likely to be involved.

FLOATING REYNARD

RUMORS in Britain suggest that Adrian Reynard and his partners are considering floating Reynard Motorsport Ltd. on the NewÊYorkÊStockÊExchange.

FORGET DANKA

THE relationship between Arrows and Danka will almost certainly come to an end at the end of this season following the news that company founder and chief executive Dan Doyle has resigned as a result of the financial problems which have beset the office machinery group.

HONDA CONFIRMS F1 PLANS

HONDA MOTOR COMPANY president Hiroyuki Yoshino told reporters on Friday that the company will shortly announce its plans to return to Formula 1 racing in the year 2000.

HUNGARY STRUGGLING

THE organizers of the Hungarian Grand Prix are clearly in difficulties. Janos Berenyi of Hungaroring Sports, the company which runs the race, last week asked the FIA to accept delayed payment for the $250,000 fine imposed by the WorldÊMotorÊSport Council as a result of a track invasion at the end of the Hungarian Grand Prix in August.

LAST MINUTE PREPARATIONS FOR SUZUKA

THE Formula 1 teams were in action again last week before their equipment had to be boxed up and sent out to Japan for the WorldÊChampionship showdown at Suzuka and the ensuing Bridgestone test at the track.Ê

RICHARDS LEAVES BENETTON...

AS previously suggested (INSIDE F1. Issue 98.37), David Richards has left the Benetton team after only a year in charge.

TEAM LOTUS POSTSCRIPT

TEAM LOTUS went out of business four years ago although David Hunt - who bought the Team Lotus name from the receivers - continues to dream about putting Lotus back into Grand Prix racing.Ê

TRULLI TO HAVE INTERIM CAR IN JAPAN

JARNO TRULLI is to use the interim Prost-Peugeot AP01B at the Japanese Grand Prix. The car, which is a much-modified version of this year's car, uses a development Peugeot V10 engine and a completely new gearbox. It has shown well in testing in recent weeks and may be sufficiently competitive to give the team a much-needed result in the final race of the season.

19 OCTOBER 1998

BAT'S LEGAL PLANS

BRITISH AMERICAN TOBACCO is understood to be considering legal action against the FIA as a result of the new regulation which bans the use of different liveries by a single team. The aim of this rule is to avoid the public being confused by cars in the same team using different liveries. This is common practice in CART racing where teams such as Patrick, Rahal and PacWest run cars with totally different color schemes.

BIAGGI TO TEST FOR FERRARI

FOR the last three years we have been predicting that motorcycle racer Max Biaggi will eventually switch from two wheels to four. This will come a step closer to reality in a month or two when the 27-year-old Italian tests a Ferrari Formula 1 car for the first time.

HUNGARY'S $1M FINE

THE organizers of the Hungarian Grand Prix have been fined $250,000 for the track invasion at the end of this year's event and have been warned that if there is a repetition in the next two years they will have to pay another $750,000.

JORDAN LOOKING FOR A PARTNER

EDDIE JORDAN says he is looking for a partner in his Formula 1 team because he feels that the operation needs more backing to be able to lift itself to the next level in Grand Prix racing.

OTHER WORLD COUNCIL BUSINESS

THE FIA World Motor Sport Council voted through a range of modifications to the Formula 1 regulations including new tire rules, a restriction on the number of cars allowed to take part in the World Championship, a clarification of the situation relating to the imposition of time penalties by FIA stewards at Grands Prix, a new fuel regulation and a variety of safety measures including the fitting of steel cables to F1 cars to increase the likelihood that wheels will remain attached to the cars during accidents.

PROBLEMS AT IMOLA

THE San Marino Grand Prix at Imola is under threat next year as a result of the accident in 1994 which claimed the life of AyrtonÊSenna. The crash resulted in an investigation and then a trial of members of the Williams team and the race organization. Everyone involved was acquitted.

TESTING ACTIVITY

ALL the major Formula 1 teams have been busy testing in recent days in preparation for the World Championship decider in Suzuka at the end of the month.

THE FORMULA 1 CALENDAR

THE FIA World Motor Sport Council met in Paris last week and announced a provisional Formula 1 calendar for 1999.

TIRE TESTING AT SUZUKA

THERE is to be a major tire test at Suzuka in the days after the Japanese Grand Prix.

TOBACCO IN BELGIUM

BELGIUM is planning to relax its attitude towards tobacco advertising.

12 OCTOBER 1998

...WHICH LEAVES ZONTA FOR BAR

WITH all the major players now out of the picture British American Racing looks likely to have to settle for Brazilian Ricardo Zonta as its second driver next season. The team says that the deal is nearly done, but may be held up for some time while the dust settles within the British American Tobacco management as a result of the Formula 1 Commission's decision to ban teams running dual liveries.

A DECISION SOON FROM TOYOTA

THE Toyota Motor Corporation is to decide shortly on whether or not to enter Formula 1.

DINIZ SIGNS FOR SAUBER

BRAZILIAN millionaire Pedro Diniz has signed to drive with the Sauber team in 1999.

JOHN BARNARD AND ALAIN PROST

ALAIN PROST is expected to announce this week that he has signed a deal to work with British designer John Barnard on the design and development of the Prost-Peugeot AP02 and its successors.

MULLER FOR BMW TEST JOB?

THE announcement that Pedro Diniz is to join Sauber is bad news for the Swiss team's test driver Jorg Muller, who had been hoping to get the seat alongside Jean Alesi.

SO WHERE DOES THAT LEAVE TOM?

THE loss of Pedro Diniz was not unexpected but nonetheless comes as a blow to the ambitions of Arrows boss TomÊWalkinshaw as he prepares for the 1999 season.

WHAT'S LEFT FOR 1999?

THE confirmation that Pedro Diniz is to drive for Sauber in 1999 means that almost all of the F1 seats are now settled with the exception of the second drives at Minardi, Arrows and British American Racing.

YOUNG MAN GOES WEST

THE newly-crowned Formula 3000 Champion Juan-Pablo Montoya has signed a three-year deal to drive for TargetÊChipÊGanassiÊRacing in the United States.

5 OCTOBER 1998

MORE RICHARDS RUMORS

THERE continue to be strong rumors in Formula 1 circles that Benetton Formula's managing-director David Richards may be leaving the team if the deal being discussed between Benetton and the Ford Motor Company does not happen.

OLIVIER GENDEBIEN

OLIVIER GENDEBIEN, who died on Friday at the age of 74 at his home in Baux de Provence, led a life which if written in a novel would barely be believed.

RENAULT RUMBLINGS

THE chairman of Renault Louis Schweitzer told a French radio station last week that the company would like to return to Formula 1 at some point in the future, but added that any racing comeback is still some years away and would be dependent on Renault having a highly-competitive engine package.

SCHUMACHER SETS THE PACE IN BARCELONA

MICHAEL SCHUMACHER gave himself and Ferrari a psychological boost by setting the fastest times during last week's three days of testing at Barcelona.

THE NAME'S BOND... FORMULA 1 BOND

BERNIE ECCLESTONE is to borrow $2bn from financial institutions, offering bonds in Formula 1 racing. These will be secured by the future earnings from the sale of TV rights - which are now estimated to bring in around $300m a year. The bonds will be sold through a new FOH subsidiary Formula One Finance Ltd. and will be handled by MorganÊStanleyÊDeanÊWitter.

TOBACCO, TOM AND TAKAGI

AS Tom Walkinshaw tries to wheel and deal himself to a major sponsorship deal with British American Tobacco we hear that one of the men who is closest to the top of his list of drivers for next year is Toranosuke Takagi.