Posts

Showing posts with the label proton

Show me the money

Re-published from Malaysian Insider by Justin Ong Sept 27 — Motorsports costs money . All sports, to some degree, cost money but more to the point, motorsports costs a lot of money. So much money that only the rich or very talented ever get to participate here in Malaysia. First there’s the vehicle itself, but rather than being the bulk of your investment, it is merely the gaping hole into which you would proceed to pour all your money into. Modifications can and often do cost more than the car itself. Or even several times the cost of the car. Once it’s up and running, you need more money to keep it going. Maintenance can be frightening, as things which last years on a normal car regularly run only two or three events, not to mention racing parts are often a magnitude more expensive than standard items. Beyond parts, you’ll also need a crew to keep the vehicle running. That’s money, too. For the average guy thinking of trying to self-finance his own motorsport career, let me tel...

1MALAYSIA F1 TEAM MORE INFO

Image
It seems we were wrong about the government wasting our money on an F1 team in next years' championship. Or are we? A news report, and this was published in Singapore not in Malaysia (I can't seem to find anything reported in the Malaysian press except by Paul Tan), says that the Malaysian government will not be funding the team. The arrangement is as follows: The Malaysian Government has no equity directly or indirectly in the team, and the team will be funded by a group of companies including Litespeed ( which submitted an application to join Formula 1 next year under the name Team Lotus ), Naza, and the Tune Group, run by Tony Fernandes, current team principal. Petronas, a very familiar name in Formula 1 (BMW Sauber’s sponsor), is expected to join the team via its Universiti Teknologi PETRONAS (a Petronas university in Malaysia), which will collaborate with the team together with UTM (University Teknologi Malaysia – a state owned university) to help develop future Malaysian...

Lotus F1: World’s most expensive paddock club pass?

Image
Re-published from Malaysian Insider SEPT 20 — Alex Yoong. What is the first thing that comes to mind when you see the name? If you’re anything like the average Malaysian, Yoong’s name will have become practically synonymous with an internationally broadcast debacle. Which is a bit of a shame, really. Although Yoong did not make a very strong case for himself in that, the pinnacle of motor racing, he’s actually quite a handy racer. His numerous wins in touring cars are testament enough to his skill and talent behind the wheel. Make no mistake, Yoong was good. Just not good enough for F1. I admit I was one of those baying for blood after I watched a struggling Yoong — running sixth in a Melbourne GP that looked more demolition derby than Formula One — meekly make way for seventh place Mika Salo, surrendering without a fight what would have been the sole championship point of his career. That was simply too much. From then on, Yoong’s Formula One career was one embarrassment a...

Doubts over Formula for unity

Image
Re-published from The Sun I AM not going to be a wet blanket, in prematurely criticising the government’s plan to enter Formula One. The timing – in the midst of the global financial crisis – is probably questionable as this will cost us at least RM1 billion. The bulk of this money comes from national carmaker Proton, which in effect means the people are funding it. There is a theory that the Finance Ministry will approve more special draws to help fund this venture. However, in the long run, this may be one of our best investments; one of the best things Malaysia could have done in putting itself on the map. In terms of branding we are exposed 18 times a year – the number of races – to a global television audience of around 600 million. Let’s not forget the potential tie-ups, endorsements and sponsorship deals which are a usual spin-off of a massive agreement such as this. It also creates jobs and other opportunities through massive R&D invest...

Malaysia’s own F1 team

Image
Oh My God ! That was my first reaction when I heard rumours about Malaysia wanting to have a F1 team. I fainted when the news came true . This is the last thing that we need. There are so many reasons why we shouldn't just jump into it like this. I am so pissed off that these people actually thought about it. The first and most important reason that we shouldn't jump into this is because it was thought up, run by and will controlled by politicians. Like most Malaysian sports, it will be fucked up because these people are in charge. Secondly, we have no racing history and knowledge to speak of. There are not that many Malaysians trained and with experience in motorsports of any level. We don't even have a proper grassroots program. The absence of such a program speaks volumes of the government's commitment to motorsports. What makes them think they can just create a F1 entry and become successful at it? Thirdly, the Malaysian government's attitude is not like other c...