The team recently announced it was exploring this venture as a way of securing the outfit’s future for the long-term, and the newspaper is claiming that the outfit will issue a 28% floatation on the Frankfurt Stock Exchange later this month.
Its 2011 challenger, the FW33, may look the goods, but it has so far failed to turn heads with respect to its initial pace in pre-season testing to-date.
Perhaps more worryingly, the car’s bland interim livery and logo-free team trucks and uniforms are raising more questions about the team’s financial state.
The team has been engaged in a strong campaign to dispel these concerns, and has repeatedly denied that the signing of the well-backed Pastor Maldonado alongside Rubens Barrichello was not principally down to the Venezuelan’s corporate backing from his homeland – an argument that very few have bought as being truthful.
“We have a full budget for 2011,” insisted the team’s technical director, Sam Michael.
“The mechanics are wearing a basic uniform because we aren’t launching the race livery until the end of February and don’t want to ruin the surprise!” he added.
The question remains: just what are we to believe?
[Original image via Sutton Images]
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