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Alonso to become McLaren shareholder
Reports in the Spanish press are claiming that Fernando Alonso will become a part owner of McLaren in the very near future, they claim that while the extent of Alonso's investment is unclear, it could follow similar lines of Michael Latifi's investment of 200 million euros. Alonso would join three other shareholders in the McLaren group, with Bareini fund Mumtalakat, who is the majority shareholder. The Spaniard is also expected to play a part in Formula 1 testing ahead of the season opener in Australia.
Kimoa is expected to also announce a new deal. The clothing brand sponsored McLaren in 2018 and look to increase their partnership. Kimoa is Alonso's clothing and accessories retailer, Started by him in early 2017. Kimoa is Hawaiian, meaning "sitting and watching the sun going down together".
Rumors denied about Mattia Binotto moving to Mercedes
Following on from the story in post 23 above regarding unrest at Ferrari, Toto Wolff has now released a statement covering the rumors in the Italian media about Mattia Binotto moving to Mercedes. Wolff has denied Mercedes made an offer to sign Ferrari's technical director Mattia Binotto. "No, we have not offered a contract to Binotto, I can say that he is an excellent engineer, but under the leadership of James Allison, we have a first-rate technical team, and therefore we are not looking for anyone else".
Mercedes did do a little reshuffle in the summer. Aldo Costa moved into a consultancy role, while John Owen became the chief designer. Aldo Costa was the Engineering Director at Mercedes and I wonder if James Allison will replace him in that position, leaving an opening for Mattia Binotto, who replaced James as Ferrari's head technical officer in 2016 when James left the team.
I don't think this is the last we will hear about this story as reports in the press continue about internal conflicts between team boss Maurizio Arrivabene and Mattia Binotto, if these story's are true I think one of them will leave the Ferrari team soon.
Are Honda as ready as Red Bull claim
In an interview Toro Rosso team boss Franz Tost has revealed that he was “shocked” at the lack of knowledge Honda had after its partnership with McLaren. Tost is reported as saying “We had very good cooperation and we have a very good business relationship. If there is something which we detect on our side, we sit together, we discuss it, and then we try to find a solution. When we had the first meeting together with Honda, I was shocked, because they didn’t know things which are related to the chassis or power unit. If you are coming together with a new partner, first you have to sit together to discuss to find out where we need to be concentrating. But it went very fast and very well because they were totally open and so were we from our side”.
If their lack of understanding was such that it "shocked" a team principle, will they really have got things together in one season? I think Red Bull are overestimating the Honda power-unit that will be in their car for 2019, if this is by design or optimism I guess we will see when testing begins on February 18th.
Happy New Year to all the F1 fans here and catch you in 2019
Reports in the Spanish press are claiming that Fernando Alonso will become a part owner of McLaren in the very near future, they claim that while the extent of Alonso's investment is unclear, it could follow similar lines of Michael Latifi's investment of 200 million euros. Alonso would join three other shareholders in the McLaren group, with Bareini fund Mumtalakat, who is the majority shareholder. The Spaniard is also expected to play a part in Formula 1 testing ahead of the season opener in Australia.
Kimoa is expected to also announce a new deal. The clothing brand sponsored McLaren in 2018 and look to increase their partnership. Kimoa is Alonso's clothing and accessories retailer, Started by him in early 2017. Kimoa is Hawaiian, meaning "sitting and watching the sun going down together".
Rumors denied about Mattia Binotto moving to Mercedes
Following on from the story in post 23 above regarding unrest at Ferrari, Toto Wolff has now released a statement covering the rumors in the Italian media about Mattia Binotto moving to Mercedes. Wolff has denied Mercedes made an offer to sign Ferrari's technical director Mattia Binotto. "No, we have not offered a contract to Binotto, I can say that he is an excellent engineer, but under the leadership of James Allison, we have a first-rate technical team, and therefore we are not looking for anyone else".
Mercedes did do a little reshuffle in the summer. Aldo Costa moved into a consultancy role, while John Owen became the chief designer. Aldo Costa was the Engineering Director at Mercedes and I wonder if James Allison will replace him in that position, leaving an opening for Mattia Binotto, who replaced James as Ferrari's head technical officer in 2016 when James left the team.
I don't think this is the last we will hear about this story as reports in the press continue about internal conflicts between team boss Maurizio Arrivabene and Mattia Binotto, if these story's are true I think one of them will leave the Ferrari team soon.
Are Honda as ready as Red Bull claim
In an interview Toro Rosso team boss Franz Tost has revealed that he was “shocked” at the lack of knowledge Honda had after its partnership with McLaren. Tost is reported as saying “We had very good cooperation and we have a very good business relationship. If there is something which we detect on our side, we sit together, we discuss it, and then we try to find a solution. When we had the first meeting together with Honda, I was shocked, because they didn’t know things which are related to the chassis or power unit. If you are coming together with a new partner, first you have to sit together to discuss to find out where we need to be concentrating. But it went very fast and very well because they were totally open and so were we from our side”.
If their lack of understanding was such that it "shocked" a team principle, will they really have got things together in one season? I think Red Bull are overestimating the Honda power-unit that will be in their car for 2019, if this is by design or optimism I guess we will see when testing begins on February 18th.
Happy New Year to all the F1 fans here and catch you in 2019