Formula 1MalaysiaNews

SIC Chairman Dato’ Mokhzani Mahathir’s View On The ‘1Malaysia’ F1 Team

mokhzani-mahathir

The recent announcement of Malaysia’s direct involvement in Formula One racing via it’s very own home-grown team; 1Malaysia F1 Team has got almost every Malaysian at the edge of their seats. While there are those who are excited about our nation’s involvement in F1, there are more that do not agree with the move fearing that the money needed will feed corrupt politicians and such.

Well, honestly, that’s speculation. There are reason behind such speculation but it remains nothing but a speculation because the government has already confirmed that the funding will come via the private sector. But because we are a democratic country, citizens opinions do matter and there are people who listen though some may beg to differ. Here’s Sepang International Chairman, Dato Mokhzani Mahathir, hailed by many as the father of Malaysian motorsports and his opinion on the country’s involvement in Formula One and how SIC plans to house the team and the work involved in running the team.

They say that the success of anything you embark on a lot depends on timing. In many ways the recent announcement of Malaysia’s plans to start up and run it’s own Formula One team is a case in point. When the idea of hosting the F1 race was mooted in 1996, there were also proposals to invest in a start-up F1 team. I think the decision then was to just sponsor teams and work on bringing the F1 race to Malaysia. Our involvement in Sauber via Petronas and Stewart Grand Prix via Tourism Malaysia was the outcome. By the time we had our first F1 race in 1999, you could say that Malaysians were slowly warming up to F1. The Sepang International Circuit was our infrastructure investment in F1 and, in many ways, was a boost for motor sports in Malaysia and the region. Who would have thought we would see the world’s best drivers racing in our own backyard.

While Tourism Malaysia’s involvement in Stewart Grand Prix lasted only a year, Petronas went from strength to strength with their involvement in Sauber. Not only did the Sauber Petronas F1 Team enjoy numerous podium visits, we could also take pride in the knowledge that several Malaysians had meaningful roles to play in the organisation. I was proud to see Malaysians speak in the advertisements for the team and the Malaysian Grand Prix. It was a little sad later to see the Petronas name drop from the Sauber F1 Team name even though they remained as premium sponsor. I’m sure commercial reasons dictated all this but I’d hoped that other Malaysian companies would step into the fray and actually be a shareholder of an F1 team.

It would seem that the timing for the Malaysian effort is now right. We have F1 till 2015 so there’s a lot more racing to see at SIC in the years to come. We’ve always been known to have great infra facilities but not the Malaysian champions to cheer in them. While I’m not suggesting that by having our own team we’ll automatically have a champion, I do think we will have a better chance at creating one if we do. The FIA (motor sports’ governing body) has been pushing cost cutting measures for F1 in the last year or so. Talks of capping budgets were discussed but the Formula One Teams Association (FOTA) shot this down. While the cap may not be there, economic realities dictate that teams must squeeze more out of their shrunken budgets. It’s a matter of survival. Rules and regulations are now written to ensure teams cannot overspend. It also means that funding alone will not determine the outcome of the championship. As proven by Brawn F1 this year, engineering ingenuity plays a key role. And as proven by Force India F1, perseverance and determination does reap benefits.

Reports in the media that running a new team would cost RM1billion a year are grossly exaggerated. There would be a cost to start-up, equip a suitable site, buy engines, get drivers and manufacture the cars. There would also be a yearly operating budget. Neither would reach the figures quoted in the press.

As for the proposed facility at Sepang International Circuit, who wouldn’t want to house an F1 team if given the chance. It’s always been SIC’s plans to create a commercial/industrial complex to accommodate everyone involved in motor sports and the automotive industry. This would include garages, a R&D center, car and bike showrooms, tuning companies, parts warehouses, a hotel and much more. Racing teams are already talking to SIC about being based there. Our plan is to turn SIC into a real motor sports hub and commercialize motor sports. Contrary to popular belief, motor sports isn’t just about fun and games but is big business in other parts of the world. While we did embark in an effort to turn SIC into an entertainment venue, Phase 2 of our plan includes turning it into a business hub. We should exploit the facilities and events we have in Malaysia and really do something with motor sports. Let’s really participate and not just spectate.

Again, reports in the media about requiring land of 8000ha to 12000ha are widely off the mark. By comparison, Putrajaya is about 5500ha. What is required for an F1 facility won’t take up more than 20 acres. That can easily be accommodated at SIC. What we hope to house is the R&D, manufacturing of some parts and do some testing. There must be technology transfer from Lotus to us in Malaysia. So many companies and educational institutions in Malaysia can provide engineering, manufacturing and testing facilities. I’m sure our engineers are itching to try their hand at designing an F1 car, pushing the envelope on aerodynamics, car design and so much more. All this will have positive spin-offs for our automotive industry as we will be working on the cutting edge of technology. None of this is easy but I think we can do it. After all, Malaysian talent is well known and accepted in many fields. How many Malaysian doctors are now practising in renowned clinics around the world? How many Malaysian engineers and technologists are working in leading companies outside Malaysia? Come to think of it, how many of our best minds are working outside the country. Maybe the F1 program will entice some of our best talents to excel right here, at home, now that the opportunity has been created.

In the years that we have hosted F1, we’ve always viewed the event as a marketing and promotions tool for the country. It’s been successful at doing just that but F1 is no longer exclusively ours. Currently and within the next few years, we will have F1 in Malaysia, Singapore, China, Japan, Korea, India, Abu Dhabi, Bahrain and Australia. F1 is actually moving away from it’s traditional European home ground and reaching out to a bigger global audience. So we need to do more to get people to look seriously at F1 in Malaysia. But what we also need to do is to get more Malaysians behind this F1 effort. A Malaysian driver in a Malaysian F1 car, winning the Petronas Malaysian Grand Prix is a dream we should all have. Sure, we won’t get there in the first year but we have to believe we can one day do it. After all, we’ve succeeded in so many other things before so why not F1? Maybe the combined spirit of 1Malaysia and Malaysia Boleh will see a Malaysian driver on the steps of the F1 podium before our F1 contract ends.

Team 1Malaysia Lotus F1 has all the ingredients to succeed. The Lotus name is as powerful a name as Ferrari in the racing world. Companies from around the world are talking about getting involved as sponsors and technology partners. If Malaysians need to rally behind an effort to unite our people, let’s use motor sports. I’m encouraged by YB Dato’ Shabery Cheek’s vision of industrializing motor sports and the F1 program will be a great catalysts to get things moving. I’m greatly encouraged by YAB PM’s enthusiasm for the 1Malaysia Lotus F1 team. What we need is a combination of public and private sector support to get this going and going fast. We need to hit the grid at full speed, 7th gear engaged and driving as fast as we can. Though we’ve been involved with F1 for more than a decade, we are now the new kids on the block. F1 is a ruthless sport and will take no prisoners if we don’t get our act together quickly. I’m sure we can so let’s put our backs into it, shoulders together to make Team 1Malaysia Lotus F1 another Malaysian success story.

Mokhzani Mahathir
Chairman, Sepang International Circuit

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    race fan
  • Sep 20, 2009
Mokhzani's vision sounds noble but there are still holes in the story.

A motorsport industry should not be created out of nothing just to serve F1. Why this obsession with F1? The leading edge motorsport industry in the UK for instance was born out of culture. They have so many circuits, so many kart tracks. Families enjoy going out to support their kids race. The universities support and work closely with the industry. Racing is in their blood. So is building cars which led to expertise and many british car brands. Their industry will be there with our without F1. They serve so many other racing series and automotive clients worldwide.

We haven't even got to the launch pad and we're talking about 'going to the moon'. No wonder people are pissed to hear about the news.

Where are the go kart circuits and race circuits to nurture young talents in every state? What did we do to Batu 3 circuit?? The malaysian motorsport scene went backwards when Sepang circuit was built.

We sponsored stewart ford in 1995 than from 1997 til now sponsored Sauber in a very big way. What stopped us from realizing the things that Mokhzani mentioned in that 12 years of petronas sponsorhip with billions of ringgit?

Where are the race engineers? Drivers? technology transfer? Zilch! Nada! EO1 engine and the glorified malaysian engineeers were just a PR parade. No technology from the Petronas EO1 4 cyl 2L was shared with the Ferrari built, Petronas badged 3L high revving V10. None of the paraded Malaysian SPE engineers are involved in motorsport today. None of that valuable technology in Hinwill, Switzerland is benefitting the country today.

In the that 12 years of sponsorship there was NO tangible growth and development in the local motorsrport scene as an industry. How many drivers today do we have with sufficent experience to drive at F1 level? Two only! And thats because they were fortunate to have had wealthy families. Same with up and comers like Jazeman.

12 years was sufficient time to create a batch of serious F1 hopefuls ready to jump into F1 today with a 'wake' of even larger pool of drivers following in their foot steps all occupying the various junior levels of single seaters globally. Winning formula races in Asia isn't good enough. They need to be competitive against european drivers. A reality check that is hitting Jazeman now in his 2nd season in FBMW Europe. The kid was absolutely right when he said he isn't ready.

I have to question Mokhzani's motives as it sounds like he is justifying 1MF1 because he is trying to save SIC as they are losing their grip in this region. It explains the urgency. Doesn't sound like building a sustainable, long term motorsport industry is his real motive.
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    Speed
  • Sep 20, 2009
its just crazy,in 1 way i do agree about this involvement,but when u think about it its just a wrong step to go straight to the top by involving in the most challenging and prestigious motorsport in the world that is F1, why dont we start by f2,gp2 or other much less costly motorsport why did we go straight to f1? malaysia have a lot of talent in motorport from rallying to single seater we have won numerous competition around asia, but how did the goverment recognise them?naada nothing..before going into the big league u have to walk the small league, u have to walk before u run...and yea malaysia motorsport is just for the filthy reach those talented young but from a medium class family got to work really hard to event participate in this sport.. my suggestion is organize/support more competition under ministry of sport from mrc,mme,small amateur event(GRA,Rally sprint),go-kart and such,bring other poplar races in malaysia(gp1,f2,WRC,)(or even create a motorsport department), build more small race track, tax relief to sponsor,tax exemption for motorsports related item, goverment support and recoginiton to promising driver(media coverage,goverment support in term of sponsor).

and i would bet it will cost less than running an f1 team for a year.
in the long term we would see more rising star in malaysia motorsport.
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    Charles
  • Sep 21, 2009
Granted its almost given as a Malaysian culture these days to think negative of any BIG BUCKS 'read MEGA PROJECT' initiatives. Someone mentioned in a forum that we cant compared to the motorsport intensive countries - we arent, but if we dont start we'll never know.
As the saying goes - lessons learnt from failure - but if you dont start how would you know if you'd succeed or fail? theres no such thing as 'sure win'.
I for one would like to see this dream become a Malaysian success. If we always think we will fail or hesitate - as the saying goes : jaguh kampung.
Let the professionals do their job and the sunday mornin pundits just sit back and watch.
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    netmatrix
  • Sep 21, 2009
Let it be reminded that the so called sunday morning pundits are those who handles money daily. So they are very wise to know what is needed and what is wanted.

For motorsports, there is no jaguh kampung. As the only international races we have are F1, MME & some regional car races. We did have Karamjit as an international "winning" race driver. So we did have a winning driver, a winning team and car in at least 1 racing event. Why wasn't funding go there? That was many years ago. You can't say Fairuz or Jazeman is in track events and therefore they get funding! How fair is that? So off road events which are more exciting for spectators gets zilch!? And cars that goes round and round in a circle is more exciting?

If they wanna say tech transfer, you can get tech transfer even from rallying. A solely bike company like KTM can make a track car!!! A bike company!!! Even Yamaha doesn't have such capability! So the idea that only F1 can give you high tech ideas to be transferred to cars is definitely wrong! 5 years ago maybe anyone can get away with that statement. But now.... no way!

But like i say again. Its too late to do anything to stop it. As the papers are signed, contracts are given. Last minute just like RON95 price! Where we cannot fight back!
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    Charles
  • Sep 21, 2009
We have come to realized that everything is commercialized nowadays. As an example look at snooker and pool - everyone knows that snooker is THE traditional game but was overlooked on 'funding' due to better commercial returns from the sponsors point of view for pool.
Sports need the taxpayers funding to kick it off, but it needs funding from sponsors to survive, i am a taxpayer as well and doubt that i contribute lesser.
Look at it on the positive side and put aside the negativity for a while.
Not trying to argue on the rally scene but but if i were to pay to watch(rally spectators watch for free right?)i would def choose a nice shaded seat and gets my money's worth watching cars pass in front of me 50-60 times.
This would be my last post to avoid inviting further flaming. There is no right or wrong comments - everyone is entitled to his/her pwn views. Tx.
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    Hafidz Moro
  • Sep 21, 2009
One phrase: When your heart already turn black and your mind been polluted, whichever good effort and positive makings will be look as bad or as worse they could imagine..

TQ
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    netmatrix
  • Sep 21, 2009
The next phrase : A black heart was caused by poison because the mind was decepted into believing the poison was a pervention. An effort is truly appreciated, unless the effort was born out of bad history.
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    race fan
  • Sep 21, 2009
This is what I am talking about. SPOT ON.

http://www.themalaysianinsider.com/index.php/opinion/justin-ong/38192-lotus-f1-worlds-most-expensive-paddock-club-pass

http://www.themalaysianinsider.com/index.php/opinion/breaking-views/38115-f1-racing-as-simple-as-a-b-c--tay-tian-yan
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    DC1
  • Sep 22, 2009
money is better spend to build a better home here....no money to give fuel subs and no money for proper infra, need to impose high tax on everything but got money to go space and now F1...go figure
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    LOL
  • Sep 22, 2009
mr Mokhzani..can u use ur own money on all this F1 project instead of using my tax moolah..u so rich u go play this type of game urself la..dun ask the rakyat to play with u
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    teo1957
  • Sep 22, 2009
Sorry to say that in the 21st century, there are still people that think one side can do absolutely no wrong, the other can do absolutely no right.

It's almost medieval and cult-like.
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    teamsleepnine
  • Sep 22, 2009
i wonder where is tony fernandez since this is his pet project..
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    HaZaRd
  • Sep 22, 2009
my heart said... im gonna support this mega project.

Looking forward to see the outcome of 1Malaysia team with all Malaysia crews and drivers. Malaysia Boleh! :D
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    regamaster
  • Sep 23, 2009
My heart said........spend your money wisely. F1 is not everything in motorsport scene. Please consider the decision before we get into it. With the amount of money that we want to spend for f1, we can use it to boost up our motorsport scene. Even BMW, TOYOTA and HONDA is pulling out from the picture. They are among the biggest name in this industries and yet still have problem to run a f1 team. I agreed with race fan. We must start from below and make sure we are ready for it. Dont just jump into it, and in the end we will regret. There in no turning back.
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    hause
  • Sep 23, 2009
I cannot help but ponder upon the fact that Formula One is a dinosaur.
Alot of people will holler at me for that, but the fact of the matter is, we are seeing the dying days of such a money and resource intensive sport.

The only reason it still exist is because of the people who grew up, learnt, eat and infuse motorsports into their blood over several years.

Everyone knows that Formula One exist to bleed cash, for an exclusive sport for the elite, with little 'trickle down' technology resulting (heck it was just because FIA banned CVT gearboxes that we are seeing annoying AMTs on the road instead of CVTs or DCTs)

Toyota is a prime example, they had the biggest budget, roped in some talents, but couldn't perform in F1 while, Williams who were supplied the same engines, but on a much smaller budge could perform far better.

The problem boils down to two things, one the Toyota management is a huge lumbering giant of inflexibility (much like our bureacracy) and secondly Williams is headed by Frank Williams, who spent a great deal of his life in motorsports, learning its ways and gathering the best engineers he could to form a F1 winning team.

If this was a great idea, why aren't we seeing the Norwegian F1 team? or Gordon Brown saying that they need to focus more attention on its F1 efforts in securing Donnington Park? or the United Nations calling a world meeting on how to form the next F1 team with the Germans building the car, the Finnish president driving it, and Fidel Castro managing the team?

Because these leaders have other important matters at hand, economic stability, welfare, internal security, and crucially the next elections (which we don't have the luxury of enjoying). These leaders couldn't give two rats &55e5 over such a waste of time.

I love Formula One, the electricity mixed with petrol in the air. I don't want it to die. But only because it is driven by people who just solely want to race, and to win. People who live motorsports and nothing else. Which as far as I can see in the 1Malaysia F1 team, isn't. Its like TV3 old motto 'Jom Heboh' pretty much sums up everything I think about this team.
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    teo1957
  • Sep 23, 2009
Key points often overlooked:

1. Litespeed initiated the effort to enter F1 using the Lotus name.
2. David Hunt, the Lotus name rights holder, agrees.

"Because Formula One is a fantastic business. It is a great brand builder."

"Malaysia has put a lot of money into F1, and it has a fantastic hardware - the Sepang track; universities with engineering courses; composite manufacture. But it doesn't have the soft side - drivers, engineers, management. I want to take that and build it up in F1."
- Tony Fernandes
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    what la??
  • Sep 23, 2009
what la u all people? isn't this a good project for the country? there's no matter la duit rakyat or whatever..as long as it go into right and gud reason for me its ok...no one can say that there will be never rasuah or whatever...because it happens everywhere in malaysia...
the chances for we to participate in F1 has come. whether they are all set or not...it's up to them.
for me i will support this project and believe they can win one or two races. hehe..
lets hope, pray and support that our own malaysian team will be at top 6 next season... go 1MF1! jazeman, u got ur talent...do not waste it...go for it when u r ready. =)
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    race fan
  • Sep 23, 2009
teo1957 says:
September 23, 2009 at 2:38 pm
Key points often overlooked:
1. Litespeed initiated the effort to enter F1 using the Lotus name.
2. David Hunt, the Lotus name rights holder, agrees.
-----------------------------------------------------------------

David Hunt owns the rights to use 'TEAM LOTUS' in an F1 environment. 'TEAM LOTUS' is the legendary, iconic team which Colin Chapman ran which then went bust in the early 90s at which time David Hunt bought the rights to the name.

'TEAM LOTUS' is a very powerful F1 brand name. Very iconic (like Ferrari) and were among the British 'garagists' that beat the mighty Ferraris.

David Hunt NEVER agreed to give the rights of 'TEAM LOTUS' to Nino Judge (Litespeed) or Tony F, which Litespeed claimed back in July they got. David Hunt later clarified in the press that he never gave them the rights, as they had claimed.

You will notice recently that the new team is being called 'Lotus F1' which is not in breach of the rights held by David Hunt.

Furthermore David Hunt holds all rights to the brand including historical Team Lotus imagery. Neither Tony, Litespeed, Proton, the Lotus Group themselves own the rights he is holding. By law no one is allowed to to use 'Team Lotus' racing images without his consent. Not even Lotus themselves.

Thats why many in the industry were not pleased when Tony and Litespeed went around KL lobbying for support mid this year, claiming they own naming rights of 'Team Lotus' a very iconic brand in F1 history. I suspect Tony simply underestimated how tightly held that brand was held. Only Europeans and long time F1 members were clear about it.

Malaysia in general is only exposed to the modern F1 commercial circus from the late 90s. The best time in my view was the 80s and just about the time Schumi burst into the scene where you had modern legends like Prost, Senna, Mansell, etc really thrilling fans. Only serious motorsport people in Malaysia followed F1 then and they did so because of the sport, not the fake glamour and glitz.

Even a few years before Senna died I remember reading news that Max and Bernie were busy trying to change the rules because of stagnating audience ratings. Thats why they introduced refuelling which Senna was not a fan of. So you see all this talk about F1 getting boring etc is not new. It's almost cyclical. Bernie/Max at it again as usual and they really are capitalizing on the PR machine these days. Any news is good news. For me the best news then was the Senna vs Prost bitter rivalry. Those were real. Nowadays I read news with a pinch of salt or between the lines (if you have enough insight on the sport)
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    FVel
  • Sep 24, 2009
racefan,

You wrote a lot but yet I'm very doubtful you have a proper appreciation and understanding of the technological and commercial aspects of an F1 operation.

In your 1st reply to this thread, where did you get this idea that a sponsorship arrangement (Petronas) naturally becomes a platform for tech/expertise transfer between the F1 team (BMW Sauber) and the team sponsor and/or the sponsor's host nation ?

Under what precedent (historical and present) are you basing this assumption ? Name me one CLEAR example where an F1 team had put itself in a position where it had to cede its propreitory technical knowhow in return for sponsorship. Further, you made a comment that Petronas spent "billions" in F1 sponsorship. From what source did you obtain that statement? Can you corroborate the exact number with a credible source and demonstrate clearly that it is actually in "billions" ?

......Or did you just happen to pull that number out from your rear-end ?...just like how the local media kept saying it cost a billion to run an F1 team, which has since been clarified by Mokhzani as a total fabrication.

I got a full reply waiting for you. I suspect it'll be an interesting debate.
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    race fan
  • Sep 24, 2009
FVel,

How much is USD42M times 12 years of Petronas sponsorship('97-'09)? The figures are available from european commercial motorsport publications. This type of data is not readily available locally for obvious reasons (political). Figures can also be verified if you know someone in Petronas involved in the F1 programme. I'll let you have some fun searching the data yourself. You can omit searching in people's rear-ends as much as you may like it :)

That is just the spend on Sauber not including others (event and other expenditure etc etc which is just as significant).

The point I'm getting at is if AirAsia spent that kind of resource in F1 neither I or anyone else would care. It's their profits and they're free to spend it how they like and we would all be very supportive of their success.

Petronas is 'state-owned'. Profitting from the resources of Malaysia. Nothing wrong with that and their global success is for all Malaysians to be proud of.

For F1 it is the govt that wanted to get into it with building SIC and sponsoring Stewart-Ford, then Sauber. In the case of Stewart-Ford the white car in 1995 had the Visit Malaysia logo on the rear wing. Fine. Govt spending on an F1 team to promote Malaysia and promote tourism, and thats that.

But the deal with Petronas is very different. You don't need to co-own a team if you just wanted decal space on the car. They got deeply involved in the team. Buying in that way gives you access to the teams assets.

But with regards with the govt's entire F1 programme (SIC, Sauber) they were short sighted thinking only about the immediate commercial gains, neglecting longer term technology and human capital gains which would remain in place even if Bernie decided Malaysia isn't such an attractive place to race anymore, which is bound to happen and is happening now.

And so since Malaysia's many years in F1 there have not been any auto, motorsport growth in technology or industry. There is a lot of cutting edge technology in Hinwill and Petronas did set up SPE to learn the tech but somehow non of it can be seen today. Weirder and sadder that the local engineers are missing from the sport here and I have met one or two of them. We have no engineers, no driver pool, no experience etc, yet the government (not a private entity) went into the world's most technologically advanced sport ironically without benefitting the people in a long term manner.

The people in the industry are aware of this oversight and at least the people with influence are no more in denial and that's why I said "Mokhzani’s vision sounds noble..."

but they are still not 'getting it' and so I stand by my statement which is shared by the entire malaysian motorsport industry and not just myself. I quote myself:

"A motorsport industry should not be created out of nothing just to serve F1. Why this obsession with F1? The leading edge motorsport industry in the UK for instance was born out of culture. They have so many circuits, so many kart tracks. Families enjoy going out to support their kids race. The universities support and work closely with the industry. Racing is in their blood. So is building cars which led to expertise and many british car brands. Their industry will be there with our without F1. They serve so many other racing series and automotive clients worldwide.

We haven’t even got to the launch pad and we’re talking about ‘going to the moon’. No wonder people are pissed to hear about the news."

This is VERY BIG MONEY in VERY SHORT TIME with VERY HIGH RISK. For reasons I don't understand we always like to build big dreams without building the required foundation.

It would cost the our beloved nation a lot less money, less risk, with more gains, while winning people's hearts at the same time if we focused our efforts (concerted, organized and planned) from the ground up. Build racing infrastaructure, circuits etc, grow the manufacturing industry, we have CTRM in Melaka building major composite parts for Boeing, why can't they be used to lead the way to create high tech automotive/motorsport parts for global clients?

Our nation is filled with gems like CTRM(another Khazanah company) and other parties(organizations, drivers etc) who are doing incredible work but are unnnoticed because the people at the top don't have the vision and so these gems remain isolated on their own, sadly.

We do have the potential of becoming a significant motorsport nation because the seeds are already there. However as usual we want the big oak tree now, ignoring the seedlings which will eventually grow very deep roots.
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    FVel
  • Sep 24, 2009
Race fan,

You ducked my question. You never answered it despite having had a very simple question directed at you.

I read your entire post. To be honest, it's pretty hard to read because the comments are mostly tortured rambling and senseless drivel heavily flavored with typical Malaysian angst and innuendos about the state of government....somewhere in all that blabbery, there was mention of "Khazanah" and "big oak trees", blah blah blah.

Well, I'm not interested in what you think how F1 should be nor am I interested about discussing the competency of Government. I think everyone has their ideas of what Malaysia should be but that's not what I'm on about here.

All I'm interested is....you made several strong statements in your 1st post about tech transfer and sponsorship which in my opinion failed to address several core issues and runs contrary to common sense about how these things work in reality. By your statements, you also made implications about the commercial aspects of private and national sponsorship which sounds somewhat farcical.

So, before I let you have my full views, just tell what you understand about the following :-

1. Under what precedent (historical and present) did you based the assumption that a sponsorhip arrangement is conditional on the transfer of tech from an F1 team to the team sponsor/host nation ?

Just name one clear example of this happening in F1 to cite your precedent.

2. If tech transfer is a mandatory condition, what is the scope and extent of that tech transfer ? To what extent do you expect technical collaboration to impinge upon the propreitory rights of an F1 team ?

3. You used the term "Nada!" to put your point through. Are you absolutely certain we have not benefitted technically and commercially via sponsorship ?

My full views will follow after I hear from you.
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    teo1957
  • Sep 25, 2009
race fan says:
September 23, 2009 at 7:13 pm
David Hunt NEVER agreed to give the rights of ‘TEAM LOTUS’ to Nino Judge (Litespeed) or Tony F, which Litespeed claimed back in July they got. David Hunt later clarified in the press that he never gave them the rights, as they had claimed.
—————————————————————–

Can't recall anybody who mentioned about GIVING the rights to Litespeed.

David Hunt ALLOWED the Team Lotus name to be used for Litespeed's failed bid. It's different from GAVE/SOLD.

For all I know, if Hunt decides later to enter F1 by using the Team Lotus name, he can.

Then he'll be up against Group Lotus Plc's 'Lotus F1' team.

So, Hunt 'clarified in the press that he never gave them the rights, as they had claimed'?

When did Litespeed claimed that Hunt GAVE the rights?
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    Royal Pain
  • Sep 28, 2009
Ofcourse Mokzani will support this initiative. He does not see what we need as Malaysians. he comes from spoon feeding entreprizing group where millions of ringgit could be acquired with ease.

the amount spent on this team, i think it will best serve in developing more Malaysian entreprises that could challenge the international market. we are talking rm 308 million a year upkeep which in my books willhave to be supported by petronas. to get other glc's to contribute... be realistic... apart from petronas who else can??
im in the media industry and we are doing about rm 4 billion per year in adex. this is small. most advertisers would spend on mainstrem media and now slowly moving towards the new media platform. you tell me which organizations locally will sponsor or contribute to this team. let alone the team's name is already a shot in the foot if it wants to get other sponsors from other countries. it should be named not to portray nationalism but more towards a commercialized brand.

Well nevermind the point is we have got about 4 million youth groups to cultivate into developing their own secured living and life. we malaysians are in a critical stage right now economically but out 'leaders' are in denial. PLEASE THINK ABOUT THE PEOPLE 1st. FEED THEM, PROVIDE COMFORTS AND A CHANCE OF LIVELIHOOD, then if we want to race in space by all means.

Mokzani please dont try and push what you like at the expense of the people of Malaysia.
C
  • C
    Canada
  • Nov 16, 2009
The only important truth is that David Hunts rights are covering F1 racing. Group Lotus has no contractual right to race in any open seat racing format...this will meet with disaster if Malaysia, Fernades, Group etc etc dont deal properlty with David H7unt
R
  • R
    race fan
  • Nov 16, 2009
Canada, that is true. And so it will be very interesting to see how this all pans out eventually. The parties behind the Lotus F1 team cannot ignore David Hunt. He owns all rights to the Lotus brand when used in an F1 race environment.
R