News: Hyundai wants to enter Formula 1

[BlackSamurai]

Hyundai wants to enter Formula 1

http://www.f1racing.net/en/news.php?newsID=133902
23 October 2006

Car company Hyundai has officially shown its interest to start up a Formula One team in the future. The South Korean company hopes to enter F1 in 2010, which is also the year F1 will travel to Sout-Korea for its first race in the Asian country.

Although nothing is finalised the talks with FOM have started to enter F1 in the future. A Hyundai manager said in the German media: "We are currently talking with Bernie Ecclestone."

Hyundai is a South Korean group of companies founded by Chung Ju-yung in 1947 as a construction company and was once South Korea's biggest conglomerate company. The company split into five business entities on April 1, 2001 including Hyundai Kia Automotive Group, Hyundai Group, Hyundai Department Store Group and Hyundai Development Group. Hyundai was the 2nd largest Chaebol in 2004 based on total revenues.

oh no, shit.... looks like some Hyundai management get poisoned by Paul Stodart ...

 

[Daniel Lee]

hahahahaha......... It's good to have another car manufacturer team to be in F1 especially Hyundai!
I heard about Hyundai interest to join F1 few years back.
Hope they will make it to the biggest scene of motorsport in 2010.

 

[butthead]

hahahahaha......... It's good to have another car manufacturer team to be in F1 especially Hyundai!
I heard about Hyundai interest to join F1 few years back.
Hope they will make it to the biggest scene of motorsport in 2010.

who are they going to buy over???

 

[BlackSamurai]

I duno, but it's not a good idea. Just take a look at Toyota.

 

[AvexTrax]

its all about the technology and use it on daily basis

 

[butthead]

I duno, but it's not a good idea. Just take a look at Toyota.

you mean the amount of funds they dumped in to F1???

its all about the technology and use it on daily basis

errr.. you are talking about a korean car manufacturer wor... never seen their cars with a lot of current gadgets and technologies... even a typical jap car has more electronic stuff in the car...

and not to speak of it's fuel consumption especially Hyundai somemore...

they have to retract fully from WRC somemore...

 

[BlackSamurai]

butthead, yes.

Hyundai FC did improve for the latest VVT engine.

Actually I'm not very sure how much electronic gadget in Hyundai car, but remember the VIOS VVT-i engine Toyota radio advertisement that they mention their VVT-i engine will automatically switch off the aircon when driver need extra power?

that feature Toyota emphasize lately already available in Hyundai Coupe model year 97.

PS: I dunno why others have the idea that Hyundai not good in FC, but my Coupe with 55 lit can run 580KM before I mod it.

PS: Hyundai Matrix is 1 good example of having bad FC.

 

[butthead]

butthead, yes.

Hyundai FC did improve for the latest VVT engine.

Actually I'm not very sure how much electronic gadget in Hyundai car, but remember the VIOS VVT-i engine Toyota radio advertisement that they mention their VVT-i engine will automatically switch off the aircon when driver need extra power?

that feature Toyota emphasize lately already available in Hyundai Coupe model year 97.

PS: I dunno why others have the idea that Hyundai not good in FC, but my Coupe with 55 lit can run 580KM before I mod it.

PS: Hyundai Matrix is 1 good example of having bad FC.

ohhh... maybe i am wrong then...

err... is Hyundai Coupe brought in by Hyundai distributors of Malaysia... i am referring to those that are more common in the market like Getz, Atoz, Matrix, Elantra and Sonata.... other than the Sonata i have been in before if not driven all the others... err... fuel economy is not as good as i thought it would be...

i am used to driving small cars you see... but even the consumption of the Atoz scares me a bit...

 

[BlackSamurai]

atoz is another hyundai car with bad FC (if you compare with car with similar class)

 

[Daniel Lee]

Hyundai involvement in F1 might make the brand more popular and thus increase sales. Moreover, South Korea plan to promote motorsport in the country.
I don't see the cons of Hyundai involvement in F1.
Can anyone list the cons?

 

[butthead]

Hyundai involvement in F1 might make the brand more popular and thus increase sales. Moreover, South Korea plan to promote motorsport in the country.
I don't see the cons of Hyundai involvement in F1.
Can anyone list the cons?

errr... no cons... just that i think they are not that ready to be in F1 yet...

 

[Daniel Lee]

They have another 3 years to prepare for the event and they can learn and gain experience when they join F1 like what Toyota did.
I respect those independant teams where they always start from zero.
If they keep purchasing other existing teams, the no. of participating teams in F1 won't grow.
I prefer to see more cars on the grid.
Just my 2 cents.

 

[driftkingII]

If I am not mistaken hyundai made A1GP cars or i can say the A1GP cars are all Hyundai.
​

 

[skylin3lov3r]

oh wow.then we will c more japan vs korea in motorsports. :shades_smile: i m bored with japan vs korea in football dy.so it would b great 2 c these 2 asian giant rivalries in different sports.lol.

 

[Daniel Lee]

I prefer to see Japanese girls VS Korean girls.
hahaha...

 

[butthead]

They have another 3 years to prepare for the event and they can learn and gain experience when they join F1 like what Toyota did.
I respect those independant teams where they always start from zero.
If they keep purchasing other existing teams, the no. of participating teams in F1 won't grow.
I prefer to see more cars on the grid.
Just my 2 cents.

yeah.. of course a grow in teams is good... but entering the sport nowadays is not cheap... not all car manufacturers see the advatages and returns in entering the sport... especially one that does not have as much experience in motorsport scene...

I prefer to see Japanese girls VS Korean girls.
hahaha...

who does not...ihihihihih

 

[BlackSamurai]

If I am not mistaken hyundai made A1GP cars or i can say the A1GP cars are all Hyundai.
​

maybe you can share the link about the information above? I can't find any online information to support your statement. And Hyundai won't keep quite if they do fork out huge amount of money to build A1GP car, company expect return for every investment. :)

 

[Battousai]

A1GP cars are designed and manufactured by Lola. The engines are Zytek V8 units.

 

[melnikor]

A1GP cars are designed and manufactured by Lola. The engines are Zytek V8 units.

yap

Zytek has used its considerable expertise in theoretical analysis and practical experience to design the 3.4-litre V8 unit developing 520 bhp (550 bhp in PowerBoost mode). With advanced electronic fuel injection, quad cams and four valves per cylinder the engine ensures exceptional fuel delivery, even under high lateral g-forces.

and tyre by cooper tyre

 

[ARTC5859]

If I am not mistaken hyundai made A1GP cars or i can say the A1GP cars are all Hyundai.
​

All A1 GP cars are made by Lola International
------------------------------------------------------------
In keeping with the A1 GP philosophy of having a series that competes on a level playing field with identical chassis, tyres and engine, the A1 chassis is designed and manufactured by Lola International, a company famous for its long track record in motorsport building cars for A1, Champ Cars, Formula Nissan, F3, F3000, sportscar categories and more.
------------------------------------------------------------

I think there is an extra team slot vacated by Arrows - thats not been taken up. It'll be good for F1 and Korea/Asia to have another team in F1 which would most probably lead to another GP race in Asia too. Hyundai will have alot of big corp sponsors lined up - SAMSUNG / LG / KOREA AIR / HANJIN - the last 2 sponsored the Benetton team in 2000-2002