Sunday, September 27, 2009


When Malaysia decided to have its own team for Formula 1, I recalled the similarities between the two gentlemen, Paul Stoddart and Tony Fernandes, both with aviation backgrounds and both who held Malaysia close to their hearts.

Eight years after Malaysia’s initial foray into Formula !, we are making another attempt at it with an all local outfit. Having ad a first hand look at the factory of Minardi in UK, where I was given a piston of a Minardi car that snapped at 14,000RPM, I look forward to a chance to visit the Lotus outfit someday.

So read on what Stoddart said when I visited his outfit in December 2001, just two days after Chelsea humiliated Liverpool 4-1 at stamford Bridge.

Locating Paul Stoddart, the principal owner of the Minardi Formula 1 team, in England is no easy task. He had not replied the e-mail I sent him a week earlier.

But on the day I was due to fly back to Malaysia, the man himself got in touch with me and invited me over to his plant in Ledbury.


It was supposed to be a little country town where the Minardi headquarters was located. I didn't know the place existed and neither did the locals I asked.

But following the directions given by Stoddart, I found myself standing in front of the magnificent building that housed the Minardi outfit.

Ledbury, west of London, is wrapped in the mists of hundreds of years past. Just down the road at company headquarters, Australian Paul Stoddart is hoping to write his own history.

But with the ink on the contract still drying, Stoddart only had weeks to build what most teams take years to achieve. At this massive factory, he is quietly accumulating the machinery and the know-how to get into the big league.

It started with an aviation empire built partly on incredible good fortune and bad management in Australia. When the Australian Government sold off its VIP aircraft, Paul Stoddart was the buyer.

To his surprise, the deal came with spares worth millions!

Minardi was saved. And Australia had its first owner since Jack Brabham. With careful planning, a bit of luck and a few hundred million dollars, Minardi and Stoddart could one day swim in the champagne of Formula One success.

Stoddart admits the journey in Formula 1 will be a long and tedious process but he has set his long-term objectives. In 17 seasons Gian Carlo Minardi managed a couple of fourths and 28 points.

"I want to be the person that actually puts a Minardi driver on the podium," says Stoddart.

“You need a bit of luck but, more than that, you need the infrastructure and resources to get that podium when the chance comes along. I want to achieve that by 2003."

On why someone from the aviation industry is so taken up by motorsports, Stoddart says: "I saved the team from extinction as it deserved saving because of the tradition of over 17 years.

"And along the way we have become one eleventh, and later one twelfth, of Formula One. I think that is a pretty good position to be in as F1 is a business and to be one of the only 12 players is well worth the money we have actually spent.

"My long-term strategy is to get Minardi off the bottom. All I want, and I'm not greedy, is one podium finish."

One of the more difficult tasks for Stoddart has been to secure a reliable engine.

The partnership with Asiatech was on the cards for some time and so it did not come as a surprise but more as a relief to a team that has used outmoded Ford engines for too long.

While Stoddart was looking to major steps forward in 2002 in terms of performance, when he thought he had a chance at a Cosworth or Ferrari unit, the Asiatech deal has made him revise his opinion and aim at mid- grid respectability.

One thing the team will have, though, is more money. Malaysia's Alex Yoong, who is about to race a full season from the Australian Grand Prix onwards, has brought on board Magnum Corporation as sponsors.

Malaysia is coming into Formula One in a big way and Stoddart has taken steps to ensure a long-term relationship. He has the weight of the entire country behind him, a shrewd move for the future.

"We are going ahead with an academy for drivers in Malaysia.

"It will start with karts. The Malaysian government supports motorsport and you will find a graduation process from karts through the junior formulae to F3000 to find the next F1 driver.

"A lot of kids don't get a chance and to be honest it doesn't cost us the national debt to take an interest in a country that takes an interest
in us.

"The government isn't putting a penny into this, but they have facilitated introductions for us to companies that are happy to invest.

"Now it's time for us to give a little bit back. We do that through the two-seater programme and try to give a little bit more, because we need to.

"We need a niche. Why should somebody come to Minardi when they can go further up the grid?

"The answer is that we've got more to give."

When asked if cementing a relationship with Malaysia means turning his back on Australia, Stoddart said:

"Not at all. The problem with Australia is that they will probably only support the first driver to get into F1. It may well be Mark Webber. The multinationals, like Foster's, are all event sponsors."