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:
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—Bible: Hebrew, Job 6:2-5.
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—Erica Jong (b. 1942)
“Your master Robin Hood lies dead,
Therefore sigh as you sing.
Here lie his primer and his beads,
His bent bow and his arrows keen,
His good sword and his holy cross:”
—Anthony Munday (1553–1633)