24-Oct-07: Spyker Confirm 2008 Name Change
Hello everyone, welcome to F1 Minute for the 24th October 2007. These are your top headlines for today.
Spyker have confirmed their new name for 2008. The team will be onto their fourth name in three years. No more Jordan, Midland, or Spyker, from next season they will be known as Force India. Team boss Vijay Mallya also announced the colours of the car, predictably, the same as the Indian flag, green, white and orange.
Now this season is over, the FIA have worked out that McLaren would have finished second, had they been allowed to keep their points. This means that the $100 million fine handed out at the espionage hearing can be reduced, but reports say it will still be in excess of $50 million. The money is payable in December and will go towards setting up the FIA Development Fund.
And finally, engine development will be frozen for 10 years from 2008 in an effort to reduce costs. A change could be made after 5 years, as long as it’s unanimous and subject to a two-year notice period.
That’s all for today, join me tomorrow for another F1 Minute.
Mike Dodson on Fri, 26th Oct 2007 02:21
Hey, just started listening. Very nice, professional job. I can get most all the F1 info. I need in a minute, and look up anything else if I need more details. Please keep it going.
Mike Dodson
Portland, OR
USA
Kris M on Mon, 29th Oct 2007 23:18
Change the team name to caboose and leave it at that would ya.
me on Mon, 29th Oct 2007 23:25
spyker’s commercial director ian philips, spent 45 minutes prior to the brazilian grand prix referring to the team as… jordan.
if he doesn’t know, how are we supposed too?