American businessman TAVO Hellmund, also known as one of the promoters of the U.S. Grand Prix in Austin in the past and a key figure in the return of the Grand Prix of Mexico, admitted that the Manor was offered a deal and a half years ago, which she refused.
All this time Hellmund tried unsuccessfully to negotiate with the leadership of the team, but the case eventually reached an impasse.
“At some point we really have reached an agreement” – quoted in the newspaper Hellmund МyStatesman.
As recognized by Hellmund, the deal seemed attractive due to the presence of only one team owner, not the group. By Hellmund was the financier Jim Carney from new York, one investor from Florida and Canada, and two investors from Mexico.
“They all had their own reasons for investment – continued Hellmund. – First, we wanted to take the team of Anthony Hamilton, father of Lewis.
In General, a year and a half ago, we offered double transaction in the amount of 22 million pounds”.
The team owner Stephen Fitzpatrick is not happy, because in addition to Hellmund there were some more people willing to buy the team, including Indonesian tycoon Ricardo Gelele, former Chairman of McLaren Ron Dennis and a group of other Asian investors.
Hellmund added that, according to his plan, Manor had to be kept afloat at the expense of 20 million sponsorship contract.
“We also wanted to agree with someone from the manufacturers to get a discount on the engines and put them in the cockpit of the racer, explained Hellmund. We even held talks with Mercedes and Honda”.
The businessman said that a large team for his rider on a small team pays about five million dollars, while second place for the same team cost of 12 or even 15 million dollars.
In 2016, despite the one point earned at the Grand Prix of Austria, Manor lost to tenth place Sauber in the constructors ‘ championship two races before the end of the season, remained without prize payouts in 2017. For potential buyers, this situation was not profitable, and eventually, at the end of last month after the mode of administrative management Just Racing Services, the management company of the Manor, was officially closed.
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