Recaro 😮 I wonder if it's a symptom of modern cars in general. The days where we modified our cars has become less common than back in the 80s and 90s max power era. So sad
Yup more cars than ever otr world wide(well suvs cuvs and pickups at any rate) And less passion for modifying or customizing your ride than at anytime I've ever seen since getting into cars and modding them ipback in the 90s. I ran a car repair shop and I'd say 3-5% of my customers cared at all for their cars beyond treating them like appliances.
Oh so sad , only ever had one car with Recaros , an Opel Manta GTE , classic yellow tartan trim . I now have an ND Mazda MX 5 , only mod I really want is a pair of Recaros , but firstly can’t find , and secondly price lucky buyers have had to pay . Looks like I’ll never get now .
Typically when private equity firms get involved in your business, it does not end well for you. They are never interested in your longevity just making money asap.
Typical issue is that the PE firm only uses a portion of its own equity to buy the company and funds the remaining purchase price with debt. Usually this debt comes with interest rates at the high end of the market which puts the newly acquired company onto a treadmill where it has to make its targets every month to pay its loan repayments and is not able to build up enough surplus cash to invest in new products or upgrade equipment or infrastructure. Then when interest rates rise the company can no longer make its loan payments and to every outsiders surprise, a company seeming to have a steady supply of customer orders suddenly goes belly up.
@@johnmcdermott5505 correct, they frequently look to pension funds to invest in their schemes while forcing the company to liquidate or sell off and lease back any capital assets they might have as a means to extract their own original PE contribution asap. Then apply monthly professional management fees as they put someone on the board to allegedly give a corporate level of management oversight and guidance. All these actions leave a business trying to build a pipeline or extend their product base with limited capital as you say. The PE then look for other M&A activities to build the business into a bigger organisation faster while continuing to market it for sale, now with an increased customer base and product line recently acquired for an inflated value.
Such a shame about Recaro. Made seats for what seems like ever, Hope everyone is well and enjoying the weather. Pete, hope you have an aircon unit in your new man cave!!
They will easily find new investors willing to inject some money in the business particularly with the history and heritage. Although there airline seat producing side of the business is quite successful. You have probably sat in a Recaro airline seat without realising.
Having grown up in the backseat of an old capri with those lovely shark grey half leather recaros, they were so comfy and being a great classic style seat! Shame about bankruptcy
My 2019 Ford Focus ST had Recaro seats, which I absolutely loved. Same for other Ford ST models. When they face lifted the ST range a couple of years ago, Ford changed to ‘Ford Performance’ seats. That’s a big loss for Recaro just from one manufacturer.
Hi Pete, I fear that with all the safety legislation, and car makers having to install lots of electronic wizardry we are entering an era were all cars are very similar, with no sc ope for individual design flair, leaving people like Recaro abandoned! The sea of the disposable car, too expensive to repair !
I fear for most things these days. Everything is fucked. Here in Australia we have lost and shutdown bloody well everything. 7 years ago you could get a full size sedan, rear wheel drive V8 Holden Commodore or Ford Falcon for 40K to 60K AUD, so lets say 25 to 35K pounds. Now a basic Golf is 42K AUD. We have been homogenising everything for the past 30-35 years and everyone, everywhere is loosing/has lost their 'identity'. Thanks for the videos. Cheers from Australia.
It’s really sad that these brands a lot of us have enjoyed and love are struggling and closing. Sir Pete your videos are definitely great! Keep up the great work
Recaro has been on a downward spiral since 2011 when they sold off the automotive seat rights. The american owned company cut costs and thus quality. They were really cooking on gas in the 80's and 90's under Keiper. Back then, most of their turnover and profit was from their OE supply to companies like Porsche and Mercedes. The aftermarket sports seats was a very small piece of the business. Take the outer cover off a bog standard seat from a W124 Mercedes and you will find the Recaro logo inside. Unfortunately most OE manufacturers have been reducing their outsourced items to lower overheads. Recaro only needed to lose one OE car manufacturer as a customer and they became doomed.
I think one of the problems is that people don´t modify their cars as much these days like they used to. Cause you have so many options when you buy it as new compared to what you had 15-20 years ago. So that might be the reason that some nufacturers that are mostly known for aftermarket parts struggle.
Recaro has a couple of side businesses though. Aircraft seats (both economy & business, with several airlines as customers)., and they even make gaming seats. Maybe Boeings production and delivery issues play a part here.
Sad about Recaro. I think they were part of Porsche for a while. I wonder if these established companies are falling by the wayside due to cheaper overseas parts or the fact that modern cars are less customisable due to the tech.
Loved it when the Grand Prix was either at Silverstone and/or Brands Hatch, loved Paddock Hill Bend. I'll never forget Keke Rosberg flying through there sideways in the Williams-Honda FW11 at the Grand Prix of Europe in 1985, the speed trap on the approach was over 170 MPH, amazing. It was Our Nige's first Grand Prix win. Surprised that Recaro and BBS are in big trouble, its just the car seat division, not aero and stadium seats. I'm not sure all car manufacturers are going to survive, there were too many before the Chinese turned up, my money is on Ford pulling out of Europe
That’s a shock - recaro have always been THE seat for sporty or modified cars. Miss the ones in my dad’s old GTi massively. Staple if the car scene gone there, shame.
Best corner Moss Corner named after the race car great known as Stirling !!! Corner located at Mosport International Raceway just outside of Toronto 🇨🇦!!
Re Recaro: its not surprising considering UK and EU governments pushing EVs and the cessation of IEC cars from 2030. Car manufacturers are suffering badly as result of the non take up of EVs. I'm sure UK and EU car manufacturers will all go back and start making ICE cars again just to stay in business.
First EVs have seats second they are being taken up very well thanks. Some legacy car makers are heading for bankruptcy as they do not know how to make good EVs. That is where the slaughter will be.
I have always loved the look of Recaro seats but have only ever owned 1 with them in which I still have, a 2016 MX5 Recaro Sport, and the seats are ace 🙂
Great MW180 thanks. Yes Spa amazing circuit, lucky enough to have been there watching from Pouhon for the epic 1998 race with rain, first lap chaos, Schumacher Coulthard incident and Jordan 1-2. First sight of the track was from the bottom of Eau Rouge - unbelievable. Great race this year - Russell was in my Fantasy F1 line-up - unlucky! If all MX5s were fitted with Recaro seats I might (just) have been tempted in favour my 718. Shame just a few models (2016 Recaro and 2019 Anniversary) are specced with Recaros rather than the (IMO) very unsupportive standard MX5 seats. Could have made the difference - there are a LOT of MX5s out there.
Shame for Recaro's staff and fans of their seats. Group B Audi Sport Quattro with Recaro race seats yum. Recaro has been around forever it feels, I remember them being fitted to RS2000 Mk1 and Mk2 in roll top or the more famous fishnet style in the Mk2 custom pack. Ford used them in RS models up to the Mk3 Focus and also in ST's but dropped them from the late Fiesta ST's as part of the final facelift. They were always an expensive option for Renault Sport in Clio's and Meganes but now Renault Sport is no more either.
I look forward to Friday to see what you have to say. I have my fears over the future of Jaguar. I can't believe Recaro may be no longer. Surely someone will buy the name and take it onwards.
Better corner than Eau Rouge? Skyline at Bathurst; launch yourself off the top, at at full noise with no view of the road dropping away below you. You just hope it was where it was in the last lap.😂
Was gutted for Russell in part, because as you say, at spa, they come round la source and come in top it’s before the run down to eat rouge. So no chance to pick up rubber. BUT it’s the same for all finishers, and none of them were found to be under weight except Russell, sotheres more to it. I understand there’s the possibility it’s a combination of tyres, as he was on a one stop, plank wear (maybe his plank wore more because his tyres were more worn so car bottomed out through ear rouge more) and he lost weight.
Recaro make all the seats for the Grenadier 4x4. I am sure Mr. Ratcliffe of Ineos won't want to lose his supplier and halt the production of his vehicle. If someone doesn't buy Recaro he probable will
Eau rouge is the best corner in racing. Still hoping that Adrien Newey ends up at Ferrari!! As for Recaro, I do believe that the manufacturers are trying to increase their profits without large price increases as consumers are at the limit on cost. So, I do believe that manufacturers are bringing more of the third party parts in house, such as wheels in particular (would explain BBS difficulties) and Recaro. Just my two cents
I think a lot of car manufacturers are going to go out of business in 10 -15 years with government and the sodding EU which we are no longer part of forcing them to build electric cars that ordinary people neither want or can afford. Audi saying that from 2033 they will only sell electric cars both used and new could well be the first of many to go out of business
Probably due to NOT being in the EU, adding bureaucracy to the process, needing to certify for multiple markets and losing EU customers. Radical thought eh?
Don't Recaro make seats for the Ineos Grenadier? Maybe they will take over. I hope the staff find new opportunities. Carlos to Williams? I think he should have to Audi but hope I'm proved wrong (i would love to see Williams back at the front).
Cheers for this one. It's very sad to see any business go to the wall, but like Darwin's theory of evolution, it isn't the strongest snimsnl that survives it's the one that can adapt and evolve. Business is exactly the same
Don't think Jaguar cars has much of a future going down to a one model range? You would think BMW or Audi would buy the Recaro brand and offer their seats as an option on sporting models?
I reckon Max doesn't want someone half decent coming in and screwing up his driver's title, so keep Checo for the rest of year and hope they do enough to win both titles.
The lack of a parade lap is not new, and Merc I assume would have thought about that. They knew it was close though given the radio chatter so I wonder how much thy knew and when. I assume they just miscalculated the ballast req, but that's still a poor mistake. They even weighed the car with "new" tyres and it was still under so it was his massive stint on his tyres that did it ether. Perez brings in a LOT of sponsorship money, I can only assume Christian got visit from the Cartel to "wish him well".
It's only Recaro Automotive Germany that has entered bankruptcy. Recaro Holdings, known for its successful aircraft and train seats, remains healthy. Recaro Automotive USA and Japan are unaffected and continue to operate as usual.
You say F1 recess "boo",I(& I suspect quite a few others) say "hooray" Modern F1 calls the words "paint"& "dry" to mind I'm afraid. Shame about Recaro,top quality products.
@@PetrolPed I hope not. I used to be an aircraft mechanic for American Airlines and we had Recaro seats on our 777’s. Good,tough built seats. Recaro had a small factory across the street from our Alliance Maintenance Base.
Recaro collapse is bad for car owners but they were also one of the biggest manufacturers of seats for passenger airplanes so will be a big loss for the aircraft builders too
Didn't bbs just file for insolvency to? And one of the brake makers said they are going under for the 5th time in history! 😀 Makes me think of Chrysler filing bankruptcy 3 damn times and gm twice already. Both are likely going under again in the next couple year's!
Not sure if an in lap would have made any difference regarding Russels car, off set fuel used/ rubber pick up? It's a real shame regarding BBS & Recaro. Probably a victim of shareholders greed. Make them cheaper sell them higher for maximum profit until its no longer sustainable, hopefully sell the name and rights for one last quick profit. Money men don't care for nostalgia.
My take on whose next is Stellantis the brands undrr one banner have little individuality, the wet belt puretech engine is a disaster fo customers, warranties too short for price. There will be other parts suppliers etc but major brands want protection from Chinese imports of EVs but ultimately if they cannot compete they will wither. But think about Stellantis would you buy Jeep and Fiat are not focussing on small cars which they are good at, Citroen arent the out there brand they were and Vauxhall are now just Peugeot Citroens with often tge better bits of styling removed not enough difference between the brands because of platform and common parts usage VW Audi Skoda Seat seem to get away with it.
...it's so so sad to see the best and epic german automotive brands like BBS or Recaro struggling...hope they can break even with new investors ...these examples show that the actual political way in Europe to ban cars especially with combustion engines and the massive increase of energy prices is the wrong way regarding economic aspects
Unfortunately motoring and modified cars is dying as a hobby, young kids don't particularly car about cars as long as they can get from A-B and look what the EV market is doing to sensibly priced performance cars.....BBS, Recaro and other after market specialists are chasing an ever decreasing pool of customers.
I'd rather watch the paint dry on your dream garage walls Pete, than watch F1! 😂
Recaro 😮
I wonder if it's a symptom of modern cars in general. The days where we modified our cars has become less common than back in the 80s and 90s max power era.
So sad
Yup more cars than ever otr world wide(well suvs cuvs and pickups at any rate)
And less passion for modifying or customizing your ride than at anytime I've ever seen since getting into cars and modding them ipback in the 90s. I ran a car repair shop and I'd say 3-5% of my customers cared at all for their cars beyond treating them like appliances.
@@4literv6in fairness every UA-camr preaches cars being the biggest wealth killer and that millionaires all drive 10 year old Toyotas
Oh so sad , only ever had one car with Recaros , an Opel Manta GTE , classic yellow tartan trim . I now have an ND Mazda MX 5 , only mod I really want is a pair of Recaros , but firstly can’t find , and secondly price lucky buyers have had to pay . Looks like I’ll never get now .
Typically when private equity firms get involved in your business, it does not end well for you. They are never interested in your longevity just making money asap.
Typical issue is that the PE firm only uses a portion of its own equity to buy the company and funds the remaining purchase price with debt. Usually this debt comes with interest rates at the high end of the market which puts the newly acquired company onto a treadmill where it has to make its targets every month to pay its loan repayments and is not able to build up enough surplus cash to invest in new products or upgrade equipment or infrastructure. Then when interest rates rise the company can no longer make its loan payments and to every outsiders surprise, a company seeming to have a steady supply of customer orders suddenly goes belly up.
@@johnmcdermott5505 correct, they frequently look to pension funds to invest in their schemes while forcing the company to liquidate or sell off and lease back any capital assets they might have as a means to extract their own original PE contribution asap. Then apply monthly professional management fees as they put someone on the board to allegedly give a corporate level of management oversight and guidance. All these actions leave a business trying to build a pipeline or extend their product base with limited capital as you say. The PE then look for other M&A activities to build the business into a bigger organisation faster while continuing to market it for sale, now with an increased customer base and product line recently acquired for an inflated value.
Such a shame about Recaro. Made seats for what seems like ever,
Hope everyone is well and enjoying the weather. Pete, hope you have an aircon unit in your new man cave!!
They will easily find new investors willing to inject some money in the business particularly with the history and heritage. Although there airline seat producing side of the business is quite successful. You have probably sat in a Recaro airline seat without realising.
Might be buying one 👍
Having grown up in the backseat of an old capri with those lovely shark grey half leather recaros, they were so comfy and being a great classic style seat! Shame about bankruptcy
What a shame about Recaro & hopefully for the employees, a buyer is around the corner. Take care Pete👍
My 2019 Ford Focus ST had Recaro seats, which I absolutely loved. Same for other Ford ST models. When they face lifted the ST range a couple of years ago, Ford changed to ‘Ford Performance’ seats. That’s a big loss for Recaro just from one manufacturer.
Hi Pete, I fear that with all the safety legislation, and car makers having to install lots of electronic wizardry we are entering an era were all cars are very similar, with no sc
ope for individual design flair, leaving people like Recaro abandoned!
The sea of the disposable car, too expensive to repair !
Far from the only company going bankrupt right now in germany.
Germany as a whole is rapidly declining right now.
De-industrialization.
I fear for most things these days. Everything is fucked. Here in Australia we have lost and shutdown bloody well everything. 7 years ago you could get a full size sedan, rear wheel drive V8 Holden Commodore or Ford Falcon for 40K to 60K AUD, so lets say 25 to 35K pounds. Now a basic Golf is 42K AUD. We have been homogenising everything for the past 30-35 years and everyone, everywhere is loosing/has lost their 'identity'. Thanks for the videos. Cheers from Australia.
It’s really sad that these brands a lot of us have enjoyed and love are struggling and closing. Sir Pete your videos are definitely great! Keep up the great work
Prices are so high I cannot see how people afford BBS and/or Recaro.
It's no surprise they're going bankrupt.
They seem a complete bargain compared to Porsche bucket seats
Apparently BBS are going through the same
It could well be more than one legacy car manufacturer that goes under according to car news reports.
Recaro has been on a downward spiral since 2011 when they sold off the automotive seat rights. The american owned company cut costs and thus quality.
They were really cooking on gas in the 80's and 90's under Keiper. Back then, most of their turnover and profit was from their OE supply to companies like Porsche and Mercedes. The aftermarket sports seats was a very small piece of the business.
Take the outer cover off a bog standard seat from a W124 Mercedes and you will find the Recaro logo inside.
Unfortunately most OE manufacturers have been reducing their outsourced items to lower overheads. Recaro only needed to lose one OE car manufacturer as a customer and they became doomed.
Recaro is synonymous with racing seats! Our world is really collapsing.
I think one of the problems is that people don´t modify their cars as much these days like they used to.
Cause you have so many options when you buy it as new compared to what you had 15-20 years ago.
So that might be the reason that some nufacturers that are mostly known for aftermarket parts struggle.
Recaro has a couple of side businesses though. Aircraft seats (both economy & business, with several airlines as customers)., and they even make gaming seats. Maybe Boeings production and delivery issues play a part here.
@@kaasmeester5903 yes But they are different companies.
The company that makes seats for aircrafts are a different company as the one making for cars.
Sad about Recaro. I think they were part of Porsche for a while.
I wonder if these established companies are falling by the wayside due to cheaper overseas parts or the fact that modern cars are less customisable due to the tech.
Loved it when the Grand Prix was either at Silverstone and/or Brands Hatch, loved Paddock Hill Bend.
I'll never forget Keke Rosberg flying through there sideways in the Williams-Honda FW11 at the Grand Prix of Europe in 1985, the speed trap on the approach was over 170 MPH, amazing. It was Our Nige's first Grand Prix win.
Surprised that Recaro and BBS are in big trouble, its just the car seat division, not aero and stadium seats.
I'm not sure all car manufacturers are going to survive, there were too many before the Chinese turned up, my money is on Ford pulling out of Europe
Great corner 👍
That’s a shock - recaro have always been THE seat for sporty or modified cars. Miss the ones in my dad’s old GTi massively. Staple if the car scene gone there, shame.
Best corner Moss Corner named after the race car great known as Stirling !!! Corner located at Mosport International Raceway just outside of Toronto 🇨🇦!!
Re Recaro: its not surprising considering UK and EU governments pushing EVs and the cessation of IEC cars from 2030. Car manufacturers are suffering badly as result of the non take up of EVs. I'm sure UK and EU car manufacturers will all go back and start making ICE cars again just to stay in business.
I wondered how long I'd have to go down the comments before seeing EV's as the blame for this. 1st comment, geez.
WHY? Do EVs not have seats?
First EVs have seats second they are being taken up very well thanks. Some legacy car makers are heading for bankruptcy as they do not know how to make good EVs. That is where the slaughter will be.
Not a EV fanboy but I dont see how this is related
6:45 it is said and has been for many years that some car manufacturers are just 1 failed model away from bankruptcy
Sad about Recaro . They also make seats for airplanes / Airbus
Nice update thanks pp my 2018 Ford Focus ST came down with Recaro nice 👏🏿👏🏿👏🏿
Really surprised with Recarro You’d think someone would buy the name and keep it going due to how iconic it is.
Probably some chinese company will buy it and slap the name on junk .... a bit like MG now
It will follow the path of Blaupunkt.
I have always loved the look of Recaro seats but have only ever owned 1 with them in which I still have, a 2016 MX5 Recaro Sport, and the seats are ace 🙂
Also make aircraft passenger seats.
I had recaro seats in my Corsa VXR, they just fell apart,and so did everyone else's. What a load of expensive crap !!!
Had them in my MV6, +150k without an issue.
@@br5380 your lucky then, most of the seats in Vauxhall VXRs dropped in pieces.
@@Wolfman57 old enough for when Vauxhall still did qualify
Shame about Recaro and Bbs.I do feel sorry for George,it must be gutting to have a win taken away from you.Friday sounds interesting.
Great MW180 thanks. Yes Spa amazing circuit, lucky enough to have been there watching from Pouhon for the epic 1998 race with rain, first lap chaos, Schumacher Coulthard incident and Jordan 1-2. First sight of the track was from the bottom of Eau Rouge - unbelievable. Great race this year - Russell was in my Fantasy F1 line-up - unlucky! If all MX5s were fitted with Recaro seats I might (just) have been tempted in favour my 718. Shame just a few models (2016 Recaro and 2019 Anniversary) are specced with Recaros rather than the (IMO) very unsupportive standard MX5 seats. Could have made the difference - there are a LOT of MX5s out there.
Blimey! All three of my current cars have Recaro seats in. Better enjoy them whilst I can!!
Shame for Recaro's staff and fans of their seats. Group B Audi Sport Quattro with Recaro race seats yum.
Recaro has been around forever it feels, I remember them being fitted to RS2000 Mk1 and Mk2 in roll top or the more famous fishnet style in the Mk2 custom pack. Ford used them in RS models up to the Mk3 Focus and also in ST's but dropped them from the late Fiesta ST's as part of the final facelift. They were always an expensive option for Renault Sport in Clio's and Meganes but now Renault Sport is no more either.
I look forward to Friday to see what you have to say. I have my fears over the future of Jaguar. I can't believe Recaro may be no longer. Surely someone will buy the name and take it onwards.
Recaro supply the seats for the Ineos Greanadier.
Better corner than Eau Rouge? Skyline at Bathurst; launch yourself off the top, at at full noise with no view of the road dropping away below you. You just hope it was where it was in the last lap.😂
Another enjoyable MID-WEEK 180 😊
Thanks again!
Just gutted for Recaro! Cheers Pete, John.
There were 5 cars on one stop . Only GR was DQ . None of the cars do a close out lap at Spa after the race due to lengthy track and fuel ⛽️ load
I agree Eau Rouge is the best corner in Motor racing, but would give an honourable mention to The Corkscrew at Laguna Seca
Good call!
Was gutted for Russell in part, because as you say, at spa, they come round la source and come in top it’s before the run down to eat rouge. So no chance to pick up rubber. BUT it’s the same for all finishers, and none of them were found to be under weight except Russell, sotheres more to it. I understand there’s the possibility it’s a combination of tyres, as he was on a one stop, plank wear (maybe his plank wore more because his tyres were more worn so car bottomed out through ear rouge more) and he lost weight.
The corkscrew at Laguna Seca always beasts me when playing Gran Turismo 😅😅
Same here!
Cheers mate
Recaro make all the seats for the Grenadier 4x4.
I am sure Mr. Ratcliffe of Ineos won't want to lose his supplier and halt the production of his vehicle.
If someone doesn't buy Recaro he probable will
❤ Turn 17 at Vegas baby! ❤
A very good evening, everybody. Hope everybody enjoys their summer holiday,
Last of the Magnificent Seven 👍
@@PetrolPed that was a close one😅
Eau rouge is the best corner in racing. Still hoping that Adrien Newey ends up at Ferrari!! As for Recaro, I do believe that the manufacturers are trying to increase their profits without large price increases as consumers are at the limit on cost. So, I do believe that manufacturers are bringing more of the third party parts in house, such as wheels in particular (would explain BBS difficulties) and Recaro. Just my two cents
I think a lot of car manufacturers are going to go out of business in 10 -15 years with government and the sodding EU which we are no longer part of forcing them to build electric cars that ordinary
people neither want or can afford. Audi saying that from 2033 they will only sell electric cars both used and new could well be the first of many to go
out of business
Probably due to NOT being in the EU, adding bureaucracy to the process, needing to certify for multiple markets and losing EU customers. Radical thought eh?
Evening all!
Fourth 👍
Corner fame wise I would say Nurburgrings Karrusell and Laguna Secas Corkscrew? But Eau Rouge is next!
For a company like recaro to go under who has contracts with car manufacturers is basically a failure by the board. Shouldn't be happening
No! Very sad news about Recaro. I've used their seats since the mid 90s and found them to be truly wonderful. This is a bit of a downer.
Don't Recaro make seats for the Ineos Grenadier?
Maybe they will take over.
I hope the staff find new opportunities.
Carlos to Williams? I think he should have to Audi but hope I'm proved wrong (i would love to see Williams back at the front).
I was sent a screenshot from Auto Express which says BBS wheels have gone under too 🤷🏼♀️
😢
Wouldn't be surprised to see Jim Radcliffe take a look at Recaro
Cheers for this one. It's very sad to see any business go to the wall, but like Darwin's theory of evolution, it isn't the strongest snimsnl that survives it's the one that can adapt and evolve. Business is exactly the same
Yes!! You're on TikTok :)
Yes I am!
Don't think Jaguar cars has much of a future going down to a one model range? You would think BMW or Audi would buy the Recaro brand and offer their seats as an option on sporting models?
I reckon Max doesn't want someone half decent coming in and screwing up his driver's title, so keep Checo for the rest of year and hope they do enough to win both titles.
Only about 1.5 kilos! That is a huge number. Ask the Alpine guys how hard they fought to reduce 1.5 kilos.
The only TikTok I bother with is the 1980's robotic dance mime duo 😃Their 1984 album Intolerance is 👌And contains no Chinese spyware 😉
Trouble is car manufacturers have started making their own recaro style seats
My predictions are Jaguar to fold. I know Ford are a huge company, but the models they are producing are terrible, watch this space.
Shame about Recaro. Iconic name in my early car days. Think my ‘88 Escort RS Turbo had them, though not with the net head restraints, sadly.
The page name on TikTok gave me a right laugh, how long before you can change it? 😂
23rd August. I changed it and then saw it 😂😂😂
I have some rocking horse sh#t😂
The lack of a parade lap is not new, and Merc I assume would have thought about that. They knew it was close though given the radio chatter so I wonder how much thy knew and when. I assume they just miscalculated the ballast req, but that's still a poor mistake. They even weighed the car with "new" tyres and it was still under so it was his massive stint on his tyres that did it ether.
Perez brings in a LOT of sponsorship money, I can only assume Christian got visit from the Cartel to "wish him well".
It's only Recaro Automotive Germany that has entered bankruptcy. Recaro Holdings, known for its successful aircraft and train seats, remains healthy. Recaro Automotive USA and Japan are unaffected and continue to operate as usual.
You say F1 recess "boo",I(& I suspect quite a few others) say "hooray" Modern F1 calls the words "paint"& "dry" to mind I'm afraid.
Shame about Recaro,top quality products.
Hi ped you are absolutely correct eau rouge is the best corner in motorsport period
👍
For the price of a dacia jogger I'd be looking recaros included.
Does this affect Recaro aircraft seats?
I don’t think so
@@PetrolPed I hope not. I used to be an aircraft mechanic for American Airlines and we had Recaro seats on our 777’s. Good,tough built seats. Recaro had a small factory across the street from our Alliance Maintenance Base.
Most German manufacturers are under stress.
Recaro collapse is bad for car owners but they were also one of the biggest manufacturers of seats for passenger airplanes so will be a big loss for the aircraft builders too
The Corkscrew at Laguna Seca.
Good one!
13th? Lucky for some. Evening all!
👍
Good afternoon!
Hello there!
Talking of Sim Racing, what happened to that, Pete? (edit) How the hell did that happen to Recaro?! Seriously shocked by that news.
Fanatec is also apparently in trouble…
Really 😮😢
I believe Varta, are in trouble
25c here
Is "eau rouge" a "corner"? 😅
Never done Instagram or Tik Tok, I've got grey hairs.
Heh, I’m pretty sure it’s not what you said, but the damned AI subtitles quoted “Rocking Hores!” 😂
😢😂😂
@@PetrolPed I've just joined the Dull Men's Club.
Didn't bbs just file for insolvency to? And one of the brake makers said they are going under for the 5th time in history! 😀
Makes me think of Chrysler filing bankruptcy 3 damn times and gm twice already. Both are likely going under again in the next couple year's!
Yep 👍
Next. I’m going for Ford.
The current UK top spec Mazda MX5 “Homura” has Recaro seats and BBS wheels!
Sounds like Private Equity has ruined yet another great company.
I've got both on my ND Launch Edition, looks like it'll be on the 'endangered species' list.
Sacre bluè, not Ricaro seats. Is nothing sacred 😞
Tragic news about Recaro
Eau Rouge vs Laguna Seca Corkscrew… hmmm
Tricky one that 🧐
40 degrees?
Evening all 🍻🇨🇦👍🏻
Cars are far too expensive. A big car manufacturer will inevitably got bust unless EU stop cheap Asian imports.
When you don't diversify your business you're fully exposed.
Not sure if an in lap would have made any difference regarding Russels car, off set fuel used/ rubber pick up?
It's a real shame regarding BBS & Recaro. Probably a victim of shareholders greed. Make them cheaper sell them higher for maximum profit until its no longer sustainable, hopefully sell the name and rights for one last quick profit. Money men don't care for nostalgia.
I think the "Recaro collapse" story is a little misleading. I don't think that's what has happened.
My take on whose next is Stellantis the brands undrr one banner have little individuality, the wet belt puretech engine is a disaster fo customers, warranties too short for price. There will be other parts suppliers etc but major brands want protection from Chinese imports of EVs but ultimately if they cannot compete they will wither.
But think about Stellantis would you buy Jeep and Fiat are not focussing on small cars which they are good at, Citroen arent the out there brand they were and Vauxhall are now just Peugeot Citroens with often tge better bits of styling removed not enough difference between the brands because of platform and common parts usage VW Audi Skoda Seat seem to get away with it.
Wasn't Recaro once Reutter of Stuttgart, I thought Porsche/ VW owned them ?
...it's so so sad to see the best and epic german automotive brands like BBS or Recaro struggling...hope they can break even with new investors ...these examples show that the actual political way in Europe to ban cars especially with combustion engines and the massive increase of energy prices is the wrong way regarding economic aspects
Unfortunately motoring and modified cars is dying as a hobby, young kids don't particularly car about cars as long as they can get from A-B and look what the EV market is doing to sensibly priced performance cars.....BBS, Recaro and other after market specialists are chasing an ever decreasing pool of customers.