Maybe something to to do with the new concorde agreement? what ever its made my day!!!

It was writtenScuderia_Russ wrote:Richards and Dennis are similar type characters and thus the companies underneath them are very similar so this news is a bit of a surprise to me. I have no doubt that Richards could put together a successful F1 team and could move up the grid quickly. Who he will do it with now though I have no idea.
Bernie Ecclestone, Autosport wrote:I have no idea. I think they have decided to give up, haven't they? I think they have. They were all excited about coming in and it is a pity for them.
The teams say that the real constructors are spending half a billion (US dollars) a year and Prodrive's budget was about 75 million. It is not fair.
I should think there will be 11 teams next year. (For 2009) let's see who the 12th is, it is open. Let's have a look and see. I would like to see another manufacturer coming in. There is one or two sort of having a look.
Ron Dennis, Autosport wrote:The contract was completely agreed. Two issues did occur, but one was easily resolvable and related to guarantees.
But there was a stumbling block in wanting absolute clarity to get validity to enter as customer McLarens. It was something that was out of our hands.
We were supportive of the programme - if it does get resolved, they can come back to us and we can pick up from where we left off. Certainly, we were in a comfortable place.