Stoddart questions future of private teams

Stoddart questions future of private teams

Minardi boss Paul Stoddart has questioned the future of private teams in Formula One after the demise of Prost and Arrows this year. The Australian businessman would like to have a big name manufacturer in partnership with his team but thinks ...

Minardi boss Paul Stoddart has questioned the future of private teams in Formula One after the demise of Prost and Arrows this year. The Australian businessman would like to have a big name manufacturer in partnership with his team but thinks sponsorship is harder to come by than in previous years. Minardi, Jordan and Sauber remain the only private teams in F1 since Prost and Arrows went under and the future of all three has been a subject of speculation this year.

Paul Stoddart.
Photo by Mark Gledhill.
"As far as equity partners and manufacturers are concerned, we are not in talks with any manufacturers," said Stoddart, according to news agency Ananova. "Yes, we would like to be. We run on the leanest, meanest budget in Formula One and it would be an asset to any manufacturer, but that's their decision, not mine."

"I think really what we are looking at here is the question of can the private teams survive and to be honest I don't know. There are three of us left in Formula One now, we have seen two go in the last 12 months. It's not easy. The world as a whole is not perhaps as easy a place to gather sponsorship from as it was in years gone by, but we are fighting as hard as we know how."

Stoddart fell foul of other teams when he claimed the rights to television revenue after Prost folded: disputes with bosses about where the money should be allocated saw Stoddart threaten to quit F1. He also came in for criticism when he made it clear any potential drivers for Minardi would have to bring a hefty sponsorship package with them. However, given the current financial climate in F1, it's becoming more recognised that talent alone is not necessarily enough to secure a race seat.

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About this article
Series Formula 1
Drivers Paul Stoddart
Teams Sauber , Minardi , Jordan