[Formel1]

Ok from several other forums already. The question is, is any of it true, if so, it's not looking good for Bahrain despite repeated verbiage from Pete it will happen:


It got hot in the kitchen for a while because of my posts, but the situation is now so chaotic and the lying taking place borders on complete fraud.

The car is easily 2 months away from being complete--and thats if they had the money and manpower to complete it and they gave decision making to the appropriate people.
Ken couldn't make payroll at the end of January and finally paid everyone 1/2 of what they were owed this past Monday, the 2nd half is promised this Monday--I'm not holding my breath. About 2/3rds of staff are showing up semi-regularly…who can blame them..there is little to work on.

Everything is hand to mouth -- all of the suppliers are on COD terms if they will supply at all. We haven't seen a Cosworth because they still owe 2.5M euros for them. We have no materials to turn into parts--but assumes that we'd have drawings to produce parts from Anderson Jr….another complete incompetent that barely got his High School diploma!

The boys in the carbon shop don't have the drawings or the tooling they need to produce the tub, let alone the entire car. The tub alone is weeks away from being able to send for FIA testing. At least they don't have to worry about making the suspension pieces--they are all going to be crafted from steel! No wheels, tires or brakes are in the shop, the transmission hasn't been seen either.

Poor Pechito…he shows up yesterday and there is no tub for him to sit in or to get a seat fitting in. He's told--"thats what happens when the money comes in late"

Like it's his fault…Peter and Ken are perhaps the worst managers F1 has ever seen. Peter and Ken convince themselves that they are brilliant businessmen, when they don't understand the basics of an org chart, chain of command, delegation of responsibility..not a single person knows their role, responsibility or job function and if they are--they aren't allowed to do it. The basics of management require that in order to make people accountable, they must have the authority and the financial ability to make decisions in their area of responsibility---Ken will have none of that!.

Ken makes every decision himself despite being surrounded by real F1 engineering, production and marketing & communications experts that would do a much better job if left to do it. When challenged on any decision or direction, your job is usually threatened or he leaves for Starbucks to avoid the confrontation. We were all told the team had 3 years funding and Ken professed he wanted to be, "the dumbest guy in the room", nothing could be further from the truth…the whole adventure has been built on one lie after another and tightly controlled by Ken and his flavor-of-the-day believers.

When he can't make payroll…he goes to Daytona to try and drum up money from unsuspecting gentleman racers who think they are "investing" in something…the dream has turned into a con job.

We think Bernie is on to them and Hurley must be at this point too. Any reasonable person could see how mis-managed the whole operation is.

Its all so sad--the opportunity lost, the dream investor scammed….. dream to nightmare due to extreme mismanagement and the egos of K & P.

If the cancer were removed, real management and investment installed-we could make a go of it--but not until Spain……at the earliest.

I can't wait to see what kind witch hunt transpires from this post! Screw them--getting the truth out will hopefully create some transparency to their scheme.

Others at the shop are talking too Motorsport Forums ... 28&page=12




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