Wednesday, March 26, 2008
An interesting deal
It has been announced today that the Tata Group has completed a £1.15 billion (US$2.3 billion) purchase of the Jaguar Land Rover group from the Ford Motor Company. I'm just speculating here, quickly and on the spur of the moment, but given the current growth in F1 investment from the Indian sub-continent and given Tata's track record of involvement in the sport as a team sponsor and technology partner, could they be another potential buyer for the Toro Rosso team now that they have a premium sports-car brand to promote?
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4 comments:
I think that is a more likely outcome than any of the other buyers suggested so far. What private buyer has the money to turn STR into a constructor in the short time available? It has to be a manufacturer and Tata is a much more reasonable prospect than pie-in-the-sky dreams such as VW/Audi.
i like your spur of the moment thinking.
could be quite a competition between them and force india.
We've also been talking about this on f1fanatic.co.uk and I think I added to the debate there that I'm not so sure that it would be a case of starting from scratch for a private buyer. Don't forget that Red Bull bought Minardi lock, stock and barrel - which included their facilities at Faenza. Gerhard Berger notes in an interview on the official F1 website - http://www.formula1.com/news/interviews/2008/3/7527.html - that those facilities are still in place, more developed than they were, and would certainly allow STR to design and build their own car when their partnership with Red Bull ends.
Whatever happens, this is certainly a story that has some twists and turns in it yet, I think.
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