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Monday, September 28, 2009

F1 to get private sponsors

SINGAPORE: The Government will hold no equity in the 1Malaysia F1 Team project, either directly or indirectly, through any of the government-linked companies.

Private investors will put in RM110mil to RM165mil a year, while sponsorship was expected to contribute a significant sum, according to team principal Datuk Seri Tony Fernandes.

He added that F1 had approached Petronas to sponsor the Lotus F1 team.

“Yes, we have spoken to them.

“We will also approach Malaysian Airlines, Genting Bhd and other organisations,” he told a press conference at the Singapore F1 circuit yesterday.

“It would be good if they can sponsor us as they do not have a team for the next season,” Fernandes said.

“Other countries have been bidding hard for this spot but Malaysia, through our concerted effort and strength in the true spirit of 1Malaysia, managed to pull it through.

“This will be an excellent opportunity for Malaysian corporates to share this dream that has finally come through,” he said.

He described the team as a lifetime achievement for all Malaysians.

Fernandes said the project would help Malaysia move up the value chain by emphasising innovation and technology.

Petronas’ sponsorship with BMW Sauber will expire this season. Fernandes also said that the F1 team car would be ready in February for testing at the Sepang circuit. They have also identified several young personalities who will be part of the team either as drivers or part of the crew.

Meanwhile, 1Malaysia F1 Sdn Bhd aims to employ 225 people and the job advertisements have been published this week in Malaysia, Thailand and Indonesia.

As for sponsorship in the current economic climate, it could come from Asia in the future, although Europe has been the traditional source of sponsorship, Fernandes said.

The team will have a start-up capital of RM168mil while its baseline annual budget is estimated at RM308mil, according to a statement it released on Friday.

The 1Malaysia F1 Team (1MF1T) is a collaboration between the Government and three entrepreneurs — Fernandes, who is AirAsia Group CEO, AirAsia deputy CEO Kamarudin Meranun and Naza Group CEO SM Nasaruddin SM Nasimuddin.

The privately-funded project is jointly-owned by the Tune Group, Naza and Litespeed UK. Tune Group is jointly-owned by Fernandes and Kamarudin.

Proton Holdings’ British subsidiary, Lotus, is the team’s constructor. In a statement, the team said Proton Holdings Bhd would license its Lotus brand to the 1MF1T. The partnership license will include a variety of benefits for both Lotus and Proton involving technology transfer, marketing rights and employment opportunities, both within the national F1 Team, at the team’s technical centre in Sepang and its satellite base in Norfolk, United Kingdom, it said.

Proton’s Managing Director Datuk Syed Zainal Abidin Syed Mohamed Tahir said the company as very excited and supportive of the Malaysian initiative.

“Through the impending licencing arrangement between Lotus and the team, the brand association will be beneficial to both Lotus and Proton as it would definitely heighten global brand awareness,” he said.

Similarly, Syed Zainal said the Proton Group also hopes to capitalise on this opportunity from a technical and engineering aspect.

“The exposure to be obtained from Formula 1 racing is invaluable, especially when Lotus is a renowned sports car manufacturer and a respectable engineering firm,” he said.

The team will collaborate with Universiti Teknologi Malaysia and Universiti Teknologi PETRONAS to help realise the aspiration of creating a growing class of high-technology and knowledge-intensive human capital for the country.

www.thestar.com.my

Saturday, September 19, 2009

1Malaysia F1 Team to be formed


PUTRAJAYA: The 1Malaysia F1 Team, a joint venture between the Government and private sector, will participate in the F1 race beginning next year, Datuk Seri Najib Tun Razak announced on Tuesday.

The Prime Minister said the project involved the combined expertise of Proton and Lotus with the support of the Sepang International Circuit (SIC), Motorsports Association of Malaysia, Naza Motor and AirAsia.

Najib, who is also the Finance Minister I, told reporters when making the announcement at the Finance Ministry that leading corporate figures such as Datuk Seri Tony Fernandes, Datuk Kamarudin Meranun and S.M. Nasarudin S.M. Nasimuddin were also involved in the initiative.

“This is the Malaysian team. The car was designed at the SIC, manufactured at the SIC, tested at the SIC and the car is Malaysian-made. Even the pit-stop team consists of Malaysians,” he said.

He said the 1Malaysia Team would identify a suitable Malaysian driver, adding that the project could lift the country’s image in the international arena.

Najib said the FIA had received Malaysia’s application to participate in the World F1 Championship next year.

Asked on the budget and the total investment by the Government, Najib said: “The Malaysian government’s investment is through Proton.”

Najib said the project was not a waste because it would provide a strong marketing element to the country when it competed in the F1 championship.

“If we want to export the Proton, we must ensure that the brand is strong. There is a strong element of marketing.

“It is not merely a sporting activity because there is an element of marketing for Proton and Malaysia while at the same time, the AirAsia and Naza brand names can be popularised,” he said.

According to a press release issued by a local public relations company for the 1Malaysia F1 Team, the national team will be based at SIC.

Universiti Teknologi Malaysia and Universiti Petronas as well as Composite Technology Research Malaysia (CTRM), a leading local composite manufacturing expert, have already been engaged to participate in the project.

The statement said the national F1 team would integrate the Malaysian technical and pit crew totalling 200 people to be managed by one of Formula One’s most respected technical director, Mike Gascoyne.

He had already recruited a core team of international experts with a proven record in the various engineering, design and manufacturing disciplines needed to ensure that the 1Malaysia F1 team was of international standard, readiness and capable of competing with the world’s greatest drivers.

Currently, six local and international drivers have been shortlisted for evaluation and the team is expected to announce its two drivers by end of next month.

The statement quoted Najib as saying that the country’s participation in Formula One with the national team had far reaching objectives, mainly the advancement of the country’s automotive industry development from the technological aspect including initiatives in green technology.

“By establishing our racing centre within the country, we hope to also attract more foreign investments and the best technical minds which, in turn, will spur the growth of our automotive industry where we hope to see more R&D into lighter, safer and more cost-effective cars,” he said.

“We further anticipate higher commitment by organisations and attendance by individuals during the F1 Petronas Malaysian GP which will be coupled with increased tourism related returns,” Najib said.

He claimed that by creating a national F1 team, the country was taking “its motor sports to its pinnacle, thus ensuring its place in this internationally embraced sports that had scaled the heights of entertainment.”

The 1Malaysia F1 Team takes its name from the “1Malaysia People First, Performance Now” policy mooted by Najib in June this year as the unifying foundation for all Malaysians to come together in celebrating cooperation among its multiethnic, multicultural and multireligious society for the betterment of the nation.

Petronas, the national oil giant, has also made advancement in this arena via its sponsorship of the BMW-Sauber Team for the last four years. -- Bernama

15 September 2009
theStar.com.my

Fernandes Seeking Experience for Lotus Line-up


Lotus’s Tony Fernandes says he hopes to recruit an experienced Formula One driver to spearhead the new team’s inaugural Formula One campaign in 2010. Fernandes is also seeking an experienced candidate to take over the role of team principal, which he plans to relinquish early next season.


The Malaysian government, partners in the project along with Fernandes and other local entrepreneurs, announced earlier this week that six drivers - Malaysian and international - are on the team’s shortlist. However, Fernandes, boss of budget airline AirAsia, believes choosing someone who knows the ropes would be beneficial.


"My personal preference would be to try to get someone with lots of experience, even though he may be ending his career, who can add a lot of experience and develop the car," he told Reuters. "Having the right personality that can transfer knowledge and enjoy working with people, I think is critical... there's no point throwing someone in at the deep end if he's not ready either."


Though the team will initially be UK based, the long-term plan is to move to purpose-built headquarters at Kuala Lumpur’s Sepang International Circuit, host of the Malaysian Grand Prix, and Fernandes hopes to hand over the operational reins to a more experienced team principal - ideally Malaysian - once he's laid the groundwork.


"I am going to get it (the team) to a stage and then someone can do it full time, properly,” he added. "I just want to make sure that we (Lotus) have the right direction, the right imaging and the right future, the right strategic plan and marketing. Maybe I'll enjoy being the team principal for a couple of races and I think then we'd move it on to someone else.


"Despite the Lotus team’s Malaysian focus, Fernandes insisted they would be doing everything possible to respect the Formula One heritage of the British sportscar firm, now owned by Malaysian automakers Proton.


"(The late Lotus founder) Colin Chapman had a fantastic pedigree and we want to enhance it, protect what's there and add value to it,” said Fernandes. “Very much we see ourselves as the original Lotus and carrying on the processes.”


The original Lotus team competed in almost 500 Grands Prix between 1958 and 1994, winning seven world championships along the way.


18 September 2009

Lotus confirmed for 2010 as FIA pushes for 14 teams


Following an intensive selection and due diligence process, the FIA has awarded the 13th entry in the 2010 FIA Formula One World Championship to the new Lotus team.


The FIA also received an impressive application from the BMW Sauber team. As such, it has awarded BMW Sauber the '14th place' in the championship meaning that it will be entitled to fill any vacancy that arises on the 2010 grid.


In addition, the FIA believes that a good case can be made for expanding the grid to 14 teams. The FIA will be consulting urgently with the existing teams regarding the introduction of an appropriate rule change to expand the grid to 28 cars in time for the first Grand Prix in 2010.


Detailed below is information about the new team that has been confirmed to compete in the championship from next year, joining fellow newcomers Manor Grand Prix, Team US and Campos Meta.


Company Name: 1Malaysia F1 Team Sdn Bhd

Team Name: Lotus F1

TeamCountry: Malaysia

Team Principal: Tony Fernandes


A partnership between the Malaysian Government and a consortium of Malaysian entrepreneurs, 1Malaysia F1 Team returns the Lotus name as a constructor to Formula One for the first time since 1994. The team will initially be based at the RTN facility in Norfolk, UK, some 10 miles from the Lotus Cars factory. A 50,000 square foot fully equipped facility, RTN was built by Toyota for its initial Formula One programme and then used by Bentley for its successful Le Mans programme.


The team’s future design, R&D, manufacturing and technical centre will be purpose built at Malaysia’s Sepang International Circuit.


Team Principal Tony Fernandes is the founder and CEO of the Malaysian-based Tune Group, owner of the Air Asia airline. The team’s Technical Director Mike Gascoyne has over 20 years of experience in Formula One having previously performed the same role for the Force India, Toyota, Renault and Jordan Formula One teams.


As part of its application to compete in the 2010 FIA Formula One World Championship, the team has agreed an engine supply deal with Cosworth and a wide variety of technical partnerships including Xtrac and FondTech.


The team is understood to already have a shortlist of six drivers, including both Malaysian and international names, and an announcement confirming their line-up is expected in late October.


15 September 2009

www.formula1.com

Friday, September 18, 2009

Volkswagen Performance Chip

The Volkswagen Group or VW is an automobile manufacturer and mobility organization. It was founded by Ferdinand Porsche and Adolf Hitler in 1937. Currently it is the third largest automobile maker in the world and the largest in Europe. It means “people’s car” in German. The main intention was that ordinary Europeans would buy the car by means of a savings scheme which around 336,000 people. The second largest market is in China where its subsidiary Volkswagen Group China is the largest joint venture automaker. The third bestselling car in the world is Volkswagen Golf. Volkswagen honored its savings agreements in West Germany after World War II. Volkswagen began introducing a variety of new models after Bernd Pischetsrieder became Volkswagen Group CEO in 2002. Early models were air-cooled and were produced for low cost which can be affordable for the average person. The early VW vehicles were quite basic, but people loved them for their simplicity. It has become an iconic figure for people looking to buy a German vehicle. In the United States, it is known for models like GTI, GLI, and R versions of the Golf and Jetta models. It is recognized as one of the leading diesel engine manufacturers and is partnering with Mercedes and other companies to market Blue Tec clean diesel technology called as Blue Motion.


Adding performance to VW with the Volkswagen performance chip and Volkswagen performance parts will be an extra advantages. It is specially designed to work with Volkswagen performance parts to increase power, torque, acceleration, and MPG. It includes the largest selection of performance parts, performance chips, intakes, exhausts, superchargers, spark plugs and power modules that will get every last bit of power from the engine to make it more capable, better performing, fuel saving, and a blast to drive. It provides you an opportunity to boost up the efficiency of your engine. Using this, your vehicle becomes more active and responsive than before. It supports the engine as well as provides you 25 to 50 horsepower strength to your car’s engine but also you obtain high level of efficiency and high level of throttle response. It ensures that your engine is safe and would work smoothly in excellent manner. This is also very helpful in extending the life of spark plug and provides your engine with long term durability and strength. It is designed to provide powerful soul to your car’s body. Lots of research work has been done by the R&D department of well reputed company for the sake of obtaining positive outcomes. It is fully adjustable with the other functions of car. It has excellent programmed features which control the power in well manner so that it would easily suit your driving needs. It’s easy to use installation and effective performance to the customers. You do not have to face any complex problem in future while using these chips. These chips are simply great and provide sophisticated and smooth results to your engine. Usually these are installed within 30 minutes. It is programmed according to the information you provide for optimized performance and mileage to match your specific modifications. It provides your car an energetic strength by which the car would go on a right path.

By installing Volkswagen performance chip and performance parts, you need not to obtain much more horse power which means you can drive your car according to your own speed but also your engine doesn’t have to heat up so much at the high speed of car. Through computer settings, you can also control your engine. This resolves your car engine’s issues in such a way that you can get unlimited advantages. Some of these are Volkswagen Beetle, Cabriolet, Corrado, Eos, Eurovan, Jetta, Phaeton, Vanagon etc.

Volvo Performance Chip

Volvo means "I roll" in Latin and is founded in 1927 by SKF (Smith, Kline & French). The Volvo Group is a Sweden supplier of transport solutions for commercial purpose such as buses, trucks, construction equipments, financial services, marine engines and aerospace components. The first car built by this group is Volvo ÖV4. The Trademark of this group is equally owned by AB Volvo and Volvo Car Corporation. The main motive of the company is to own, maintain, protect and preserve its trademarks which include Volvo, Volvo Aero and Volvo Penta. The main aim is also to act against unauthorized registration and use of trademarks similar to the Volvo trademarks. The Group has about 100,000 employees and customers around 180 countries worldwide. Volvo performance chip is one of its useful product.


A Performance Chip is used to give energy boost to your engine. It also helps your engine or vehicle to gain power and resist a longer period of time. These are mainly of three types such as Control Modules, Power Programmers and Engine Management Systems (EMS). Each type has its own unique capabilities and characteristics but they have the same function of propelling the performance of your vehicle. Control Module plugs directly into the electrical system having various sensors and the computer. The module receives the data before it has a chance to reach the onboard computer. After that, it analyses the information, determines the accurate adjustments to the air-fuel ratio and timing, then sends commands to the onboard computer. It delivers accurate, immediate tuning for your engine because it is always plugged in and constantly reading and interpreting data from your sensors. The Installation process is very simple and does not take more than 15 minutes. Power Programmers reconfigure your vehicle's onboard computer to perform at peak levels. These are plug-n-use devices. The advantage is that you have greater control over the tuning of your system. Engine Management Systems (EMS) is a complete replacement for your stock onboard computer. These are designed to customize your car, truck according to your exact specifications. You can fix Volvo Performance Chip inside your engine compartment. Once it is installed, you can unplug the wires from your old computer and plug them into the new one. It uses the readings from your sensors to run your engine at its peak level.

Volvo Performance Chip is designed to increase the power and performance of the Volvo. This is specially made for the year and model to ensure the performance and customer satisfaction. The technical engineers have tested this feature for longevity and durability of Volvo. It works with the existing computer to reconfigure and recognize the air to fuel ratio and thus create more power. This feature feeds your engine or vehicle with a heavy dose of power. It also prevents unrealized Volvo potential. It is a key to open the gates of full throttle power for your vehicles. A Volvo has a built-in computer which can be reconfigured to unlock its full potential in terms of air-fuel ratio, automatic transmission shifting and timing. Plugging a high-tech into it may result to a greater engine efficiency because it accelerates faster, tow harder and pass quicker without burning extra fuel or gasoline. Another thing is that you will be able to custom-tune your vehicle depending on your driving style and modifications. Also you will experience faster off-line acceleration and rapid passing because it will create massive boosts in both torque and horsepower across the entire RPM range. Some of the brands are Jet Chips Volvo ECM Recalibration Kit - Volvo 440, Jet Chips Volvo ECM Recalibration Kit - Volvo XC90, Hot Tools Volvo ECM Programmer - Volvo V70, Hot Tools Volvo ECM Programmer - Volvo C70 etc.

Tuesday, September 8, 2009

A1 Team Malaysia Launches New Logo With It’s Own Unique Approach To The “1Malaysia” Concept

 
Kuala Lumpur, Malaysia, 07 September 2009 - The unity initiative recently launched by Datuk Seri Najib Tun Razak, the Prime Minister of Malaysia called “1Malaysia”, is a philosophy which is close to the heart of A1 Team Malaysia.

The motor racing team which represents the country in the A1GP World Cup of Motorsport, the nation-versus-nation international racing series, was conceived five years ago with the aim of drawing together Malaysians to form a national racing team. The team embodies 1Malaysia with a crew which is both multi-racial and multi-denominational and competes for the pride of the country, for the pride of Malaysia!
A1 Team Malaysia is a team made up of ethnic Malays, Indians with diverse religious backgrounds, Muslims of Chinese and Malay origin (as represented in the picture that is distributed with this announcement) as well as Caucasians.

The fundamental concept of 1Malaysia is an appreciation of the diversity of the nation’s people; its goal is to preserve and enhance this unity and cultural diversity whilst recognising that everyone shares a desire for a better tomorrow, within the bounds of opportunity, respect, friendship and understanding. 1Malaysia energetically reinforces this and encourages everyone to define Malaysia and the role Malaysians must play in its future.

A1 Team Malaysia is proud to represent the nation on a global platform, showcasing national brands and companies by using the powerful medium of motorsport. Since its inception, the team has recruited and developed its own Malaysian crew of specialist race mechanics and technicians, as well as commercial people, who are now in demand from other high-profile international teams, having been given the necessary top-level international motorsport training and experience.

Jack Cunningham, Chief Executive, A1 Team Malaysia says of 1Malaysia, “A1 Team Malaysia wholeheartedly supports the ethos of this initiative and applauds Datuk Seri Najib Tun Razak for creating a forum for nurturing, promoting and encouraging the nation to consider the future and recognising the importance of unity within the diversity of the population.

In our team we only succeed through focusing on a common goal of uniting together with the purpose of achieving excellence. In our case this is to be victorious at A1GP racing events but, whether we cross the line first or not, ultimately our success is measured in the strength of our teamwork and how we strive together to win.

Therefore, it is highly appropriate and relevant that we now incorporate the 1Malaysia logo in to our own. This is a very satisfying and relevant progression of our motorsport brand.”

The team has been competing in the A1GP World Cup of Motorsport for the past four years and has consistently finished in the top 10 in an illustrious, yet short, life-time and is regarded as a potential championship title contender having finished 6th overall of the 22 teams competing in the last season.
The A1GP World Cup of Motorsport has grown its annual world wide audience from 60,000,000 to in excess of 100,000,000 in 4 years.

The series is carried by 80 broadcasters world-wide and enjoys a growing regional audience.
In Malaysia the proud and loyal home TV audience now exceeds 2,000,000, with an average of 10,000,000 people watching every race world-wide.

A1 Team Malaysia has a web-based fan club of more than 35,000 members with whom the team communicates on a weekly basis.

The team is currently preparing for a new season of racing which starts next month at Surfers Paradise in Australia, 23-25 October 2009.

Courtesy of: Zerotohundred

BMWClubMalaysia.com Forums

Paul Tan's Automotive Industry

Zerotohundred.com

Motor Trader Interactive - News

The Star Online: Star-Motoring : News