Following the announcement of the temporary end to the strikes at its supplier, ZF Brandenburg, the BMW Group is assuming that it can restart production of the BMW 3 Series on Monday, June 30, 2003. The Chairman of the Management Board of BMW AG, Dr. Helmut Panke, welcomed the decision of the union, IG Metall, to return to a more constructive route in the current tariff dispute. As Dr. Helmut Panke stated, "The efforts made yesterday by everyone involved to display a reasonable front have paid off. Today's decision by IG Metall is a first, important sign of a sense of responsibility for economic development and jobs in the New Federal States."
After gearbox production had stopped at ZF in Brandenburg on June 17, 2003, the BMW Group had to interrupt production of about 1,800 BMW 3 Series vehicles per day because of a lack of gearboxes. This week, the BMW Group's car factories in Munich, Regensburg and Dingolfing and its internal supplier plants in Berlin, Landshut, Wackersdorf, Hams Hall (UK) and Steyr (Austria) were also affected by the measure.
It is proposed that ZF will resume gearbox production on Thursday, June 26, 2003. When the ZF-supplied gearboxes are back in supply, the BMW Group will resume production of the BMW 3 Series after an essential preparatory phase that will require two business days to complete. The internal supplier plants will also restart manufacturing at full capacity again.
BMW and WilliamsF1 Extend Partnership To The End of 2009
BMW and WilliamsF1 today announced an extension of their existing partnership to contest the FIA Formula One World Championship for the next five years until the end of the 2009 season. The contract announcement comes 18 months ahead of the expiration date of the partnership agreement that was scheduled for the end of the 2004 season.
The new agreement is distinct from the previous terms of engagement between the two companies insofar as the new relationship will be characterized by an increased degree of integration. This enhances the benefit of combining the depth of resources offered by premium carmaker BMW with the niche expertise of WilliamsF1, one of the most successful teams in Formula One history.
Dr. Burkhard Gцschel is the board member of the BMW Group responsible for the BMW Formula One Project. He explained, "We are very pleased to have placed collaboration with WilliamsF1 on a sound and long-term basis. This new contract envisages enhanced integration between the two partners. As an automobile manufacturer, we have options that are simply not open to a racing team and we need to join together in exploiting these possibilities. By the same token, this is all about supporting the specialist expertise of one of the most successful teams in the history of Formula One, harnessing that expertise and achieving perfect integration. We are convinced that this alignment will lay the foundation stone for the future success of this project."
BMW WilliamsF1 Team Principal Frank Williams reflected, "BMW (has) been an extremely impressive and highly motivated engine partner to work with since 2000. I have every confidence that with the structure of this new agreement, we will be able to draw from a deeper pool of BMW resource. When added together with the technical competence and determination to win at WilliamsF1, I believe that this relationship will yield significant dividends."
The commencement of the new partnership will coincide with upcoming multi-million dollar investments in capital facilities, including a second new state-of-the-art wind tunnel facility due to be operational in early 2004. Frank Williams reflected, "I am delighted that the unprecedented level of investment at WilliamsF1 will contribute to the success of an extended partnership between the two companies. With this consolidation and stability in the program stretching into the medium term, we now have an attractive platform from which to attract further commercial backing."
BMW Motorsport Director Mario Theissen outlined how cooperation would increase. He stated, "These contractual negotiations were protracted, but we were happy to take the time that was necessary in order to clarify all the issues in detail. As far as BMW was concerned, making comprehensive use of the know-how of the company's expertise and extending that knowledge was a decisive factor in entering Formula One. That's why we built our Munich Formula One facility very close to our Engineering and Research Center (FIZ) in Munich. The future will see similar networking between the Grove and Munich sites, with the aim of generating synergy benefits and optimizing processes. This will be achieved by integrated and continuous joint project management. This groundwork was already laid in 2002. BMW will also contribute expertise in engine development and construction within the scope of this expanded co-operation. During the initial stage we will be focusing on joint development of the drivetrain with gearbox.The team will also derive increased benefit from the simulation and test experience of the Engineering and Research Center."
The first five-year contract between BMW and WilliamsF1 covers the years 2000 to 2004 inclusively. Signature of this contract was announced on September 8, 1997 at the Frankfurt Motor Show.
The BMW WilliamsF1 Team achieved a podium place in the very first Grand Prix (Australia 2000). Ralf Schumacher headed the team's achievements in 2000, claiming fifth place in the drivers' standings and in 2000 and 2001 the team took third place in the Constructors' World Championship. In 2002, the team improved its performance to finish as the second placed team. During the past three and a half years, the BMW WilliamsF1 Team has celebrated six victories, achieved a total of 29 podium places and 13 poles. The two cars have started on the first row of the grid four times. At the half-way mark of the 2003 season, the team is ranked third in the constructors' standings with 64 World Championship points.
The new agreement is distinct from the previous terms of engagement between the two companies insofar as the new relationship will be characterized by an increased degree of integration. This enhances the benefit of combining the depth of resources offered by premium carmaker BMW with the niche expertise of WilliamsF1, one of the most successful teams in Formula One history.
Dr. Burkhard Gцschel is the board member of the BMW Group responsible for the BMW Formula One Project. He explained, "We are very pleased to have placed collaboration with WilliamsF1 on a sound and long-term basis. This new contract envisages enhanced integration between the two partners. As an automobile manufacturer, we have options that are simply not open to a racing team and we need to join together in exploiting these possibilities. By the same token, this is all about supporting the specialist expertise of one of the most successful teams in the history of Formula One, harnessing that expertise and achieving perfect integration. We are convinced that this alignment will lay the foundation stone for the future success of this project."
BMW WilliamsF1 Team Principal Frank Williams reflected, "BMW (has) been an extremely impressive and highly motivated engine partner to work with since 2000. I have every confidence that with the structure of this new agreement, we will be able to draw from a deeper pool of BMW resource. When added together with the technical competence and determination to win at WilliamsF1, I believe that this relationship will yield significant dividends."
The commencement of the new partnership will coincide with upcoming multi-million dollar investments in capital facilities, including a second new state-of-the-art wind tunnel facility due to be operational in early 2004. Frank Williams reflected, "I am delighted that the unprecedented level of investment at WilliamsF1 will contribute to the success of an extended partnership between the two companies. With this consolidation and stability in the program stretching into the medium term, we now have an attractive platform from which to attract further commercial backing."
BMW Motorsport Director Mario Theissen outlined how cooperation would increase. He stated, "These contractual negotiations were protracted, but we were happy to take the time that was necessary in order to clarify all the issues in detail. As far as BMW was concerned, making comprehensive use of the know-how of the company's expertise and extending that knowledge was a decisive factor in entering Formula One. That's why we built our Munich Formula One facility very close to our Engineering and Research Center (FIZ) in Munich. The future will see similar networking between the Grove and Munich sites, with the aim of generating synergy benefits and optimizing processes. This will be achieved by integrated and continuous joint project management. This groundwork was already laid in 2002. BMW will also contribute expertise in engine development and construction within the scope of this expanded co-operation. During the initial stage we will be focusing on joint development of the drivetrain with gearbox.The team will also derive increased benefit from the simulation and test experience of the Engineering and Research Center."
The first five-year contract between BMW and WilliamsF1 covers the years 2000 to 2004 inclusively. Signature of this contract was announced on September 8, 1997 at the Frankfurt Motor Show.
The BMW WilliamsF1 Team achieved a podium place in the very first Grand Prix (Australia 2000). Ralf Schumacher headed the team's achievements in 2000, claiming fifth place in the drivers' standings and in 2000 and 2001 the team took third place in the Constructors' World Championship. In 2002, the team improved its performance to finish as the second placed team. During the past three and a half years, the BMW WilliamsF1 Team has celebrated six victories, achieved a total of 29 podium places and 13 poles. The two cars have started on the first row of the grid four times. At the half-way mark of the 2003 season, the team is ranked third in the constructors' standings with 64 World Championship points.
BMW Searches for America's Ultimate Drivers
BMW of North America has found three of America's "Ultimate Drivers" to star in a new, reality-based television show to air on the cable network The Speed Channel this Fall. Selected from a pool of more than 6,000 contestants in the search for "The Ultimate Driver," the stars of the program competed to win a trip to Germany's legendary Nьrburgring racetrack and be among the first in the world to drive the new BMW 5 Series sports sedan.
Cameras followed Ferman Wardell of Catonsville, MD; Michael Auriemma of New York and Margaret Hartka of Charlotte, NC as they pushed their driving skills to the limit during tryouts at BMW's Performance Center in Spartanburg, South Carolina. The three finalists will spend a week next month in Germany where they will have the opportunity to drive the all-new 2004 5 Series on the 14.2-mile Nьrburgring racetrack, one of the most challenging race courses in the world, incorporating 172 corners as it winds it way around the countryside. Each of the "Ultimate Drivers" will receive personal instruction from BMW race driver and former LeMans winner Hans Stuck.
"BMW owners tend to be driving enthusiasts of the highest order," said Jim McDowell, Vice President of Marketing for BMW of North America, LLC. "They are so passionate about driving that we feel it's only fitting that we unveil the new 5 series for them first. BMW prides itself in listening to our customers and designing vehicles to meet their needs."
The winners were chosen from twenty-five semi-finalists, each of whom conveyed their passion for driving in a personal essay, which earned them a spot in the semi-finals in Spartanburg. There they auditioned for the ultimate prize-the trip to Germany and the chance to drive the new 5 Series at the Nьrburgring three months before its US debut. During a rigorous two-day course, the twenty-five semi-finalists were whittled down to the three finalists following a series of driving tests and casting sessions which determined what it takes to be "The Ultimate Driver."
Driving enthusiasts and web savvy consumers entered "The Ultimate Driver" contest on the BMW website and submitted innovative essays on why they are the "Ultimate Driver." The contest is part of the US launch for the new BMW 5 series and was located within the web page dedicated to the new vehicle.
The BMW Performance Center is a unique facility where beginners and advanced drivers alike can sharpen their performance driving skills through a variety of instructor-led courses.
Cameras followed Ferman Wardell of Catonsville, MD; Michael Auriemma of New York and Margaret Hartka of Charlotte, NC as they pushed their driving skills to the limit during tryouts at BMW's Performance Center in Spartanburg, South Carolina. The three finalists will spend a week next month in Germany where they will have the opportunity to drive the all-new 2004 5 Series on the 14.2-mile Nьrburgring racetrack, one of the most challenging race courses in the world, incorporating 172 corners as it winds it way around the countryside. Each of the "Ultimate Drivers" will receive personal instruction from BMW race driver and former LeMans winner Hans Stuck.
"BMW owners tend to be driving enthusiasts of the highest order," said Jim McDowell, Vice President of Marketing for BMW of North America, LLC. "They are so passionate about driving that we feel it's only fitting that we unveil the new 5 series for them first. BMW prides itself in listening to our customers and designing vehicles to meet their needs."
The winners were chosen from twenty-five semi-finalists, each of whom conveyed their passion for driving in a personal essay, which earned them a spot in the semi-finals in Spartanburg. There they auditioned for the ultimate prize-the trip to Germany and the chance to drive the new 5 Series at the Nьrburgring three months before its US debut. During a rigorous two-day course, the twenty-five semi-finalists were whittled down to the three finalists following a series of driving tests and casting sessions which determined what it takes to be "The Ultimate Driver."
Driving enthusiasts and web savvy consumers entered "The Ultimate Driver" contest on the BMW website and submitted innovative essays on why they are the "Ultimate Driver." The contest is part of the US launch for the new BMW 5 series and was located within the web page dedicated to the new vehicle.
The BMW Performance Center is a unique facility where beginners and advanced drivers alike can sharpen their performance driving skills through a variety of instructor-led courses.
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