Arrows
At the end of 1977 he left Shadow along with financer Franco Ambrosio, designers Tony Southgate and Alan Rees, and engineer Dave Wass to form the Arrows Grand Prix team, also taking the young Riccardo Patrese to the new team.
Arrows would become famous for having the longest losing streak in Formula One history, 382 races with no wins. However, the team would always have well-presented cars which would usually be competitive, if not front-runners, and would often give breaks to talented drivers - besides Patrese, Thierry Boutsen, Gerhard Berger, Marc Surer and Martin Donnelly would all drive for the team early in their career.
Oliver sold much of his stake to the Japanese Footwork Corporation in 1990, remaining as director, but the team failed to move forward and the company pulled out at the end of 1993 due to financial trouble. Oliver had his team back, but money was tight, and in 1996 he again sold most of his shares to Tom Walkinshaw's TWR group. Oliver remained on the board until 1999, when he sold his remaining shares for a sizeable amount of money.
Read more about this topic: Jackie Oliver
Famous quotes containing the word arrows:
“‘Tis chastity, my brother, chastity.
She that has that is clad in complete steel,
And like a quivered nymph with arrows keen
May trace huge forests and unharbored heaths,
Infamous hills and sandy perilous wilds,
Where, through the sacred rays of chastity,
No savage fierce, bandit, or mountaineer
Will dare to soil her virgin purity.”
—John Milton (1608–1674)
““That rough tooth of the sea,” Kineo, great source of arrows and of spears to the ancients, when weapons of stone were used.”
—Henry David Thoreau (1817–1862)
“I am devoted to those who endured, like Colette. It is easier ... to kiss the world a bitter goodbye than to go on working, writing, changing, enduring the slings & arrows of outrageous aging. Colette endured. And she wrote & wrote & wrote. Whenever I feel really depressed, I think of her & keep going.”
—Erica Jong (b. 1942)