If only to allow younger drivers to get in.

The irony is that with F1’s North American resurgence there should be more of these teams popping up to capitalize if for no reason than to see what combinations of drivers, sponsors, and engines can be thrown around. Unfortunately it seems as the influx of these operations from the 80’s and 90’s ended up shutting the door. Well except for the antics going on at the back of the pack

You should talk to Peter Windsor...he's an expert at setting up fake teams

Unfortunately it's not good for the stability of formula 1

Lol f1 used to let anyone join the grid 2022 Andretti nope lol

Moneytron is what would have happened if Crypto bros found him floating in space instead of Unicron

kzfaq.info/get/bejne/ftpdoNSAq5qdhYU.html

He did a few of them in the original storytime, the only problem was a lot of those teams were simply "had no money, went no where", very few were actually all that interesting.

Hesketh would be a good video

He already covered the Hesketh team. Though I think that video got taken down after the whole copyright kerfuffle.

not building your own car wasn't that much of an issue back then, Jackie Stewart's Tyrrells were designed & made by Matra

@@chrisdavidson911 Only the first two as Tyrrell was running the Matra works entry. It wasn't until the last few races of 1970 that Tyrrell finally had it's own car

It was probably the most 80s livery ever. An actual vapourwave livery (unlike the current Alpine livery).

Yeah it's almost like buying Bitcoin and being surprised you lost all your money

Got to be a Nigerian prince behind it somewhere?

@@mikehipperson Ask the Arrows team in 1999. They literally had that happen to them lol

Having 2 of the draws of one of the huge tool boxes on wheels full of passports instead of actual tools probably raised some questions.......

It’s a high nine over there.

But people in Norfolk managed really well!

He's right you know. Speaking from Lincolnshire.

@@michaelcallander7085 Hellbeach 💪

@@mikehipperson im from Norfolk and I can count how many times I’ve heard that joke on one hand.. I’m up to double digits now

the thing is, when van rossem got arrested he wanted the investigators to believe moneytron was a ponzi scheme... But it wasn't a, all money he made thrrought moneytron was legal money made by his speculative macro economic model which actually existed (van rossem was an economic mastermind) from which he took 10% off investors profits. His illegal money was a construction he set to get loans backed by fake stock duplicates.. he raised investors to pay for the fake stock duplicates and then he lent the money he got from the banks to investors that couldn't get loans from normal banks (high risk high reward), he made sure they could pay him back . When they paid back, he made a profit, the investors (who sort of knew) made a 50% profit and he paid the money he owed the bank back... This all went great until his legal money (from moneytron) got stolen/ hacked from his swiss bank, then he needed money so set up a new investing loan but the stock duplicates got lost in transfer, the insurance company that he had to back up the stocks found out that at least 4 the stocks were fake so they did not want to pay out... So he in term he couldnt pay his investors back that lend him money to buy the fake stock papers and had to sell everything... at this time moneytron wasnt performing as good as it used to anymore when he sold onyx the new buyer when bankrupt, cutting him from the money he was promised. when he got arrested he delclared moneytron was a ponzi, moneytron was decalred bankrupt and van rossem got released, investigations still going on he fled to austria and founded a political party in belgium to benifit from the parlimentary immunty. His party won elections but collapsed a few years later. The court declared that moneytron was a ponzi and he served 5 years in jail, after that he tried everything to make some money. in 2018 he got another 2 years in prison for scamming but eventually died 34 days after his sentence. SO now you may ask what does an f1 team have to do with all this... Well van rossem was a huge car lover, but he bought onyx to collect new investors for his illegal financing operations (the investors didn't know) of course and were promised a 50% profit i believe and it actually worked. so this was van rossems story..

Ha I just bought one !!!!!

Okay so I'm not crazy for that specific reason.

Why did it get taken down?

@@JamieJooESC I think I died in the great copyright purge. There was some unpleasantness about the pictures being used.

He looked like a Quentin Blake illustration.

Haven’t the Trumps’ businesses constantly failed tho? 🤔

@@AidanMillward they aren't batting 1000 by no means. Seems like all the "ego" business failed. Trump U, Trump steaks, Air Trump, Trump the Game. I think the books sold well. But I think no matter how you feel about the guy, he did build a multi billion dollar business. I just don't think a moron could do it, or not destroy it, so I gotta give him some credit for that.

@@wadecoppage5583 Exactly, 10% of his smallest projects failed. Over 90% of his largest works made it. Man has billions, he's clearly good at what he does.

Penn and Wharton are worthy of respect. No further comment as of March 2024.

I’m beginning to think crypto is one of those ideas that on paper is a decent idea. But it’s been executed as a get rich quick/Ponzi scheme

Because there are no scam artists on the other side right now…

You all share them?

Stewart got MASSIVE backing from Ford to make it happen though. EJ and Forti at least did it with what they had.

@@AidanMillward Sauber was the other step up success although their background was in sports cars not formula racing. You could also add Pacific and Manor as junior teams attempting the leap although like Forti they also failed. Prior to Jordan I think it would have been Minardi who made the step up work although their finances were mostly shaky until RB bought them. This was one of the reasons Vettel's win for them in 2008 was so special as many of the original Minardi team members for whom simply turning up at the next race was often their greatest achievement finally got their reward for all the years of often fruitless toil.

@@laszlokaestner5766 Sauber had Mercedes’ backing.

@@AidanMillward True. They had been designing and running Mercedes sports car teams for them. Merc also had a relationship with Ilmor Engineering and later bought them out. They supplied the engine design and development.

It wasn’t supposed to be.

Uh, no. Many cryptocurrencies and NFTs are very similar due to being simple pump and dumps after advertising and inflating the price/growth of the crypto/NFT

Moneygram is a smaller Western Union. Been around for 40 years and is the second largest money transfer company in the world. They’re a legitimate company.

Eh, in 1989 F1 still believed in meritocracy. If you had the money to build a car and get it to the track, you got to chance at qualifying just like everybody else. And if your car was fast enough to make the grid, you got race.

Probably explains why they're so bad with money kekw. HOW DO YOU BANKRUPT A CASINO!?

He was a con artist that was a socialist.

He was a self-proclaimed marxist.