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Caterham Formula 1

Cash for clunkers

2012 Singapore Grand Prix

We’re not sure if our headline should apply to Vitaly Petrov or his Caterham F1 car, but the point of the story is Petrov’s one year contract is unlikely to be extended unless he can show Caterham the money.

Similarly his employment prospects beyond Caterham would be bleak if he is unable to supply wads of cash to a prospective new employer. It’s the underlying shame of F1 in a way.

Speaking to RIA Novosti Petrov’s manager, Oksana Kosachenko, was quite clear: “If there’s no money, then there’s no drive. I’m not prepared to hold talks all winter like last time.”

She added, “We’ve taken a timeout now. I need time to consolidate all our financial possibilities and understand if there’s sense in continuing any talks.”

[Source: Planet F1 | Pic: Caterham F1 Team/LAT Photographic]

2 replies on “Cash for clunkers”

The second paragraph should be altered to read “… if he is unable to supply wads of cash or a higher level of talent to a prospective new employer.”

Petrov’s problem is that he’s not good enough to warrant an F1 team paying for his dubious services, while other drivers such as Hamilton don’t need to worry about sponsors because they “pay” for their ride with their talent. The pay driver situation actually helps Petrov rather than hindering him, he can jump the queue over more talented drivers simply by knocking on the Kremlin door and asking for a few rubles.

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