News Details

Flashback: Collapse of the Prost Grand Prix F1 Team

The final straw for Alain Prost's Formula 1 team came on this day, 28 January 2002, when it collapsed with debts of US $30-million attributed to the global economic downturn in the wake of terrorist attacks in the United States at the time. No saviour was found for a team that was expected to succeed. France's four-time F1 World Champion leading the project, his illustrious driving career plus experience, were expected to be the ticket to its success when Prost Grand Prix was born in 1997. Prost bought the old Ligier team, one of the ‘French-est' teams in the sport's history, with the use of the team's JS45 chassis powered by Mugen Honda. He acquired the team from Flavio Briatore,...
Full Story »
3y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Flashback: Rene Arnoux's first Grand Prix victory

On 27 January 1980, Frenchman, Rene Arnoux won his first Formula 1 race,...
3y ago from GrandPrix247.com

Flashback: Carlos Pace's one and only F1 victory

On Sunday, 26 January 1975, Carlos Pace won his home Brazilian Grand Prix...
3y ago from GrandPrix247.com

Prost: I'm not looking for a job but I'm open to listen

Alain Prost says he is not actively hunting for a job in Formula 1 but...
3y ago from GrandPrix247.com

Jeddah circuit tweaks ahead of next Saudi Grand Prix

Some minor adjustments will be made to the Jeddah Corniche Circuit to...
3y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Pedro Acosta revels in taking ‘the best result...

Pedro Acosta admitted KTM “achieved the best result possible” after...
19m ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Mark Miles teases possible non-championship...

IndyCar is largely considered a North American championship, with races...

IndyCar tire, brake testing completed on IMS oval

IndyCar staged a test at the Indianapolis Motor Speedway on Tuesday and...

Enzo Fittipaldi hails ‘productive’ test with Arrow...

Enzo Fittipaldi completed an IndyCar test with Arrow McLaren last week,...

Popular On TotalWRC.com

Popular On GunnersToday.com

'We'll be ready' | Hurzeler prepared for Arsenal...

Brighton head coach Fabian Hurzler says his side will be ready for...
2h ago from SkySports.com

Arsenal challenging big clubs in race to sign...

Arsenal have identified AC Milan prodigy Davide Bartesaghi, who is also...
2h ago from SportsKeeda.com

Why did Gyokeres not make it at Brighton?

Brighton do not normally get it wrong with young players. After all, the...
4h ago from SkySports.com

Report: Arsenal involved in transfer battle with...

A fresh transfer battle is brewing between two European giants, as...
5h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.