D&B F1 Index: Formula 1 Racing Teams in 2009 Credit Check
By Prne, Gaea News NetworkMonday, March 23, 2009
DARMSTADT, Germany - According to an international assessment carried out by D&B
Deutschland, the business information service, Formula 1 teams will be making
a solid financial start to the 2009 season. Indeed, the financial crisis, the
credit crunch and desertion by a number of sponsors have left some scars on
the racing stables, but this is not preventing them from being well equipped
for the battle over the world championship crown. Once again, Toyota takes
first place, with 99 points, on the D&B Formula 1 index, as it had done at
the end of the 2008 season. BMW Sauber comes just behind (with 98 points).
Behind these come Toro Rosso and Red Bull (both 90) followed by Renault (88).
McLaren and Ferrari continue to score only average points on
the D&B Formula 1 index. This rating is due mainly to the fact that despite
good financial figures, these two teams pay their invoices late. Ferrari (88)
pays 11 days later than the due date, and at McLaren (78), the delay is as
much as 26 days.
It is only the millions injected by Indian businessman Vijay
Mallya that is keeping Force India alive. According to an assessment of
payment experiences carried out under the D&B DunTrade(R) program, suppliers
had to wait 72 days after the contractually agreed due date before receiving
payment from Force India.
As the successor to the Honda Works team, Brawn GP is
currently in a better financial position than Honda was previously. But only
success on the track will be the real decider as to whether the strategy
employed by Formula 1’s superbrain Ross Brawn will bear fruit.
pays X days
after due
Racing stable D&B F1 Index date
Toyota 99 1
BMW Sauber 98 n/a
Toro Rosso 90 0
Red Bull 90 8
Renault 88 6
Ferrari 85 11
McLaren 78 26
Williams 77 19
Brawn GP 67 17
Force India 1 72
Media Contact:
Christian Noack
Manager Public Relations
D&B Deutschland GmbH
Havelstrasse 9
64295 Darmstadt
T: +49-6151-1375-736
F: +49-6151-1375-99-736
M: +49-175-7237786
noack@dnbgermany.de
www.dnbgermany.de
Source: D&B Deutschland GmbH
Media Contact: Christian Noack, Manager Public Relations, D&B Deutschland GmbH, Havelstrasse 9, 64295 Darmstadt, T: +49-6151-1375-73, F: +49-6151-1375-99-736, M: +49-175-7237786, noack at dnbgermany.de
Tags: Darmstadt, Europe, F1, Fact, Germany, India
February 2, 2010: 10:08 am
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