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

Popular On IndyCarToday.com

FOX acquires 33% stake in Penske Entertainment, IndyCar

Fox Corporation, parent company of broadcast company FOX Sports, has...

Colton Herta: IndyCar at Laguna Seca is a...

IndyCar’s latest visit to Laguna Seca produced rave reviews from...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...

Popular On GunnersToday.com

Arsenal vs Villarreal Prediction and Betting Tips |...

Arsenal resume their pre-season tour with another club friendly this week...
5h ago from SportsKeeda.com

Arsenal not alone in race to sign Jeremy Jacquet;...

Arsenal are not the only club eyeing a move for Jeremy Jacquet this...
12h ago from SportsKeeda.com

'The more likely option' – Arsenal star tipped...

Arsenal have had a busy summer so far, and their busy is far from over...
13h ago from CaughtOffside.com

Former Arsenal and Chelsea star David Luiz completes...

Former Arsenal and Chelsea defender David Luiz has joined Pafos FC. The...
11h ago from SportsKeeda.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.