F&S Properties: Difference between revisions

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====F&S Properties Racing====
====F&S Properties Racing====
For 1976, the cFagel and van der Sluis decided to turn their hand to a Formula One team. Hiring former Dutch racer Tonio Hildebrand as team manager, the team entered the [[Belgian Grand Prix|Belgian]] and [[Dutch Grand Prix|Dutch]] Grands Prix. For their first race, [[Gijs van Lennep]] would be partnered by [[Roelof Wunderink]] in customer [[Lola|Lola T380]] chassis and [[Ford]] Cosworth engines, but this combination would prove woefully off the pace, causing the team to fail to pre-qualify. It was more of the same for the team's home Grand Prix - van Lennep and Wunderink's replacement [[Boy Hayje]] could not extract enough pace from the car to pre-qualify.
For 1976, Fagel and van der Sluis decided to turn their hand to a Formula One team. Hiring former Dutch racer Tonio Hildebrand as team manager, the team entered the [[Belgian Grand Prix|Belgian]] and [[Dutch Grand Prix|Dutch]] Grands Prix. For their first race, [[Gijs van Lennep]] would be partnered by [[Roelof Wunderink]] in customer [[Lola|Lola T380]] chassis and [[Ford]] Cosworth engines, but this combination would prove woefully off the pace, causing the team to fail to pre-qualify. It was more of the same for the team's home Grand Prix - van Lennep and Wunderink's replacement [[Boy Hayje]] could not extract enough pace from the car to pre-qualify.


With F&S Properties themselves increasing their sponsorship of [[Ensign]] for 1977, there was no money left over to update F&S Racing's chassis, to predictable results - [[Gijs van Lennep]] and [[Boy Hayje]] proving further off the pace than the previous year at the Dutch and [[German Grand Prix|German]] Grands Prix. With another two failures to pre-qualify, Fagel and van der Sluis shut up shop.  
With F&S Properties themselves increasing their sponsorship of [[Ensign]] for 1977, there was no money left over to update F&S Racing's chassis, to predictable results - [[Gijs van Lennep]] and [[Boy Hayje]] proving further off the pace than the previous year at the Dutch and [[German Grand Prix|German]] Grands Prix. With another two failures to pre-qualify, Fagel and van der Sluis shut up shop.  
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===Bankruptcy===
===Bankruptcy===
Fagel and van der Sluis were known for their extravagance, and this lifestyle was apparent in their business ventures. F&S Properties went bankrupt in 1983, after a series of bad investments and bad loans.
Fagel and van der Sluis were known for their extravagance, and this lifestyle was apparent in their business ventures. F&S Properties went bankrupt in 1983 after a series of bad investments and bad loans.

Revision as of 10:40, 6 November 2017

Template:GBR F&S Properties
F&S Properties logo.png
Full Name F&S Properties
Base The Netherlands
Founder(s) Flag of the Netherlands svg.png Ton Fagel
Flag of the Netherlands svg.png Bob van der Sluis
Team Principal(s) Flag of the Netherlands svg.png Tonio Hildebrand
Technical Director
Noted Former Drivers
Flag of the Netherlands svg.png Gijs van Lennep Formula One



F&S Properties were a Dutch property firm which was involved in Formula One sponsorship during the mid-to-late 1970s, but also entered their own team in 1976 and 1977.

History

Formula One

F&S Properties Racing

For 1976, Fagel and van der Sluis decided to turn their hand to a Formula One team. Hiring former Dutch racer Tonio Hildebrand as team manager, the team entered the Belgian and Dutch Grands Prix. For their first race, Gijs van Lennep would be partnered by Roelof Wunderink in customer Lola T380 chassis and Ford Cosworth engines, but this combination would prove woefully off the pace, causing the team to fail to pre-qualify. It was more of the same for the team's home Grand Prix - van Lennep and Wunderink's replacement Boy Hayje could not extract enough pace from the car to pre-qualify.

With F&S Properties themselves increasing their sponsorship of Ensign for 1977, there was no money left over to update F&S Racing's chassis, to predictable results - Gijs van Lennep and Boy Hayje proving further off the pace than the previous year at the Dutch and German Grands Prix. With another two failures to pre-qualify, Fagel and van der Sluis shut up shop.

Sponsorship

The companies' sponsorship was not limited to their own team, most notably sponsoring the Ensign team from 1976 to 1977. F&S Properties also supported junior drivers, the majority of them Duch, such as Michael Bleekemolen and Boy Hayje.

Bankruptcy

Fagel and van der Sluis were known for their extravagance, and this lifestyle was apparent in their business ventures. F&S Properties went bankrupt in 1983 after a series of bad investments and bad loans.