Midlands in talk for Buy-out... by Dutch company.

ranjan united · 12th July 2006, 14:17

Dutch enterpreneur and F1 fanatic Michiel Moi has been pumping cash into F1 via his 'Lost Boys' brand for quite some time [remember Orange Arrows and Minardi]. Already one-on-one talks are on with Alex Schnaider for a 2007 takeover. Bernie Ecclestone has given it the green flag, as long as its only a simple takeover (like Midland's takeover of Jordan Racing - pure monetory buyout).
LB Icon group -> Dutch Telecoms and IT firm (they even run & maintain formula1.com - the official site)
Teams name -> Orange F1
Midland Team Boss Colin Kolles and driver Cristijan Albers are expected to be retained. 3 Dutch companies have already contacted Moi and Ecclestone regarding sponsorship.

It can easily go sour with Schnaider turning down the offer, which personally I think is a 85% probability. But with F1, its gnerally the other, insensible 15% which is the obvious choice, isn't it?

sujaylahiri · 13th July 2006, 07:14

I think Super Aguri is in need of a bigger sponsor and a better car this season. Those guys need to be more competitive.

ranjan united · 28th August 2006, 20:19

Spyker have confirmed that they have joined Michael Mol in talks to take over Midland.
http://msn.foxsports.com/motor/story/5911566

sujaylahiri · 29th August 2006, 17:26

Shomeone's gonna shmoke shome shmog and drive an F1 car. Christian Albers' seat is guaranteed next season. Check out Spyker's history here
http://www.grandprix.com/ns/ns17363.html

ranjan united · 9th September 2006, 19:36

Its done!!! Midland has been sold to a Dutch-Arab collaboration overnight before qualifying. Will post some confirmation links soon.

ranjan united · 9th September 2006, 21:35

http://www.grandprix.com/ns/ns17426.html - The Sellout

http://www.grandprix.com/ns/ns17430.html - Spyker MF1

Seems the new team will be called Spyker MF1.
Awesome!!! Finally, perhaps, the crazy six-tyred Tyrell will make a re-entry into F1 !!!

ranjan united · 17th September 2006, 17:26

Syker MF1 has secured two new sponsors for the 2007 seaon: Zecco.com and Eccky.com

http://msn.foxsports.com/motor/story/5972160

P.S.> am in the only one interested in a F1 team being bought out and the formation of a new F1 team ???

12th July 2006, 14:17	#1
ranjan united BHPian Join Date: Apr 2006 Location: Windsor, Canada... But still a Bombay-Boy at heart !!! Posts: 409 Thanked: 3 Times	Midland F1 in talks for buy-out... by Dutch company. Dutch enterpreneur and F1 fanatic Michiel Moi has been pumping cash into F1 via his 'Lost Boys' brand for quite some time [remember Orange Arrows and Minardi]. Already one-on-one talks are on with Alex Schnaider for a 2007 takeover. Bernie Ecclestone has given it the green flag, as long as its only a simple takeover (like Midland's takeover of Jordan Racing - pure monetory buyout). LB Icon group -> Dutch Telecoms and IT firm (they even run & maintain formula1.com - the official site) Teams name -> Orange F1 Midland Team Boss Colin Kolles and driver Cristijan Albers are expected to be retained. 3 Dutch companies have already contacted Moi and Ecclestone regarding sponsorship. It can easily go sour with Schnaider turning down the offer, which personally I think is a 85% probability. But with F1, its gnerally the other, insensible 15% which is the obvious choice, isn't it? Last edited by ranjan united : 12th July 2006 at 14:25.
	() Thanks

13th July 2006, 07:14	#2
sujaylahiri BHPian Join Date: Apr 2006 Location: North America Posts: 960 Thanked: 6 Times View My Garage	I think Super Aguri is in need of a bigger sponsor and a better car this season. Those guys need to be more competitive.
	() Thanks

28th August 2006, 20:19	#3
ranjan united BHPian Join Date: Apr 2006 Location: Windsor, Canada... But still a Bombay-Boy at heart !!! Posts: 409 Thanked: 3 Times	Spyker In... Spyker have confirmed that they have joined Michael Mol in talks to take over Midland. http://msn.foxsports.com/motor/story/5911566
	() Thanks

29th August 2006, 17:26	#4
sujaylahiri BHPian Join Date: Apr 2006 Location: North America Posts: 960 Thanked: 6 Times View My Garage	Shomeone's gonna shmoke shome shmog and drive an F1 car. Christian Albers' seat is guaranteed next season. Check out Spyker's history here http://www.grandprix.com/ns/ns17363.html
	() Thanks

9th September 2006, 19:36	#5
ranjan united BHPian Join Date: Apr 2006 Location: Windsor, Canada... But still a Bombay-Boy at heart !!! Posts: 409 Thanked: 3 Times	Its done!!! Midland has been sold to a Dutch-Arab collaboration overnight before qualifying. Will post some confirmation links soon.
	() Thanks

9th September 2006, 21:35	#6
ranjan united BHPian Join Date: Apr 2006 Location: Windsor, Canada... But still a Bombay-Boy at heart !!! Posts: 409 Thanked: 3 Times	Spyker MF1 http://www.grandprix.com/ns/ns17426.html - The Sellout http://www.grandprix.com/ns/ns17430.html - Spyker MF1 Seems the new team will be called Spyker MF1. Awesome!!! Finally, perhaps, the crazy six-tyred Tyrell will make a re-entry into F1 !!! Last edited by ranjan united : 9th September 2006 at 21:36.
	() Thanks

17th September 2006, 17:26	#7
ranjan united BHPian Join Date: Apr 2006 Location: Windsor, Canada... But still a Bombay-Boy at heart !!! Posts: 409 Thanked: 3 Times	Syker MF1 has secured two new sponsors for the 2007 seaon: Zecco.com and Eccky.com http://msn.foxsports.com/motor/story/5972160 P.S.> am in the only one interested in a F1 team being bought out and the formation of a new F1 team ???
	() Thanks