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For Sale
The BAR Formula One team has officially been put up for sale by administrators Simon Morris and Andrew Hosking - but only to aid the restructuring of the team that will see Honda take a 45% stake in the Brackley based outfit.
An ad on the Financial Times website businesses for sale section offers BAR as &#039an established, highly successful Formula One motor racing team that finished second only to Ferrari in the F1 constructors championship in 2004.' However, as attractive as that undoubtedly sounds to any prospective buyers, the people who will purchase the team are the very people already in charge, with the listing for sale merely part of the procedure to allow the new venture between Honda and British American Tobacco to buy the team back.


FORMULA ONE News December, 2004