Monday 21 January 2008

Morvannec F1 Press Release

Morvannec F1 Team Press Release
Team Principle - Elof Valantor

Morvannec F1 has made had a major corporate re-shuffle following the end of the season (season 16). It has been confirmed that roughly 100 staff have been fired, and an unknown number of new staff hired. here is what team principle Elof Valantor had to say:

"Yes there has been some changes made to the internal workings of the team. These changes have been planned for a while now and we foresee no problems arising from it. The departure of some of our workforce is a strategic move to help manage the ever changing financial hurdles this sport throws at us, as well as increase the efficiency of the teams operations. I will not go into any more detail on the specifics of the changes. Thank you."

Some people believe this to be purely a cost cutting measure in anticipation of the new sponsorship regulations due to enter effectiveness in the next few weeks. Others have voiced opinions that the team has discovered new avenues of progress - though so far no opinions as to what progress have been voiced.

Still, it will be interesting to see how Morvannec F1 continues from here. For better or worse? Let's watch and see.

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