Tuesday

CROWDFUNDING WORKS

KAMUI KOBAYASHI

Do we all know what crowdfunding is? Of course we do. It is where a large body of people fund projects and companies and ideas with their pocket change. At the end of 2012 when Formula One driver, Kamui Kobayashi, looked like he was going to be left without a seat for 2013 he asked his fans to crowdfund his seat with any team that would let him pay. Fast forward to 2014 and Caterham stepped up to the plate. A team that was running at the end of the field most of the time. By the time that the teams got to the last three races there were two teams out of money. Both decided not to finish the season opting out of the last three races.The Marussia team is on the schedule for next year and hopefully they will be sold in the meantime. Caterham took a que from Kobayashi and asked people of interest to crowdfund their trip to the last race in Abu Dhabi. This trip for just the one race would be $ 2.35 million. People must love to crowdfund because they raised the money. In the meantime the other driver, Marcus Ericsson, left Caterham and is going to the Sauber team. Max Chilton from the dead Marussia team will be the other driver alongside Kobayashi. This will give me another team and driver to root for. Kobayashi is a good driver and I would hate to see him go by the wayside. No matter what happens he will always have a race seat....it just might not be in Formula One. Its all about money, Formula One is for the big boys with the very deep pockets.

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