Minardi PS03
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The Minardi PS03 is a
Formula One Formula One (also known as Formula 1 or F1) is the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The World Drivers' Championship, ...
car used by the
Minardi Minardi was an Italian automobile racing team and constructor founded in Faenza in 1979 by Giancarlo Minardi. It competed in the Formula One World Championship from 1985 until 2005 with little success, nevertheless acquiring a loyal followin ...
team during the
2003 Formula One season 3 (three) is a number, numeral and digit. It is the natural number following 2 and preceding 4, and is the smallest odd prime number and the only prime preceding a square number. It has religious or cultural significance in many societie ...
.


Overview

Minardi announced that for the 2003 season, veteran Dutch driver Jos Verstappen and rookie Justin Wilson would race for the team, replacing Alex Yoong who went to ChampCar and Mark Webber who joined Jaguar Racing. Wilson joined the team after a crowdfunding effort by his father, and former F1 driver Jonathan Palmer after Justin had missed out on a drive with Jordan Grand Prix in 2002 due to his height. Minardi agreed to make a car that would fit his frame. It was reported at the time both Verstappen and Wilson paid £2million for their drives. Anthony Davidson, who stepped in to drive the
PS02 The Minardi PS02 was a Formula One racing car with which Minardi contested the 2002 Formula One season. Overview The PS02 was designed by technical director Gabriele Tredozi and chief aerodynamicist Loic Bigois, who had joined the team from the ...
had been linked with a drive, but declined at the cost.heir drives. Matteo Bobbi was retained for a third season as test and development driver for the PS03. Previous engine supplier
Asiatech Asiatech was the trade name of Asia Motor Technologies France, a company founded in 2000 by Japanese private capital under the leadership of Dr. John Gano and Enrique Scalabroni, which purchased the assets of the Peugeot Formula One programme at ...
had gone out of business, and discussions with
Ferrari Ferrari S.p.A. (; ) is an Italian luxury sports car manufacturer based in Maranello, Italy. Founded by Enzo Ferrari (1898–1988) in 1939 from the Alfa Romeo racing division as ''Auto Avio Costruzioni'', the company built its first car in ...
to provide engines were ongoing through late 2002. Ultimately, the team went with
Cosworth Cosworth is a British automotive engineering company founded in London in 1958, specialising in high-performance internal combustion engines, powertrain, and electronics for automobile racing (motorsport) and mainstream automotive industrie ...
engines as the £15million fee for Ferrari engines was too great. The teams supply issues were apparent again, after
Michelin Michelin (; ; full name: ) is a French multinational tyre manufacturing company based in Clermont-Ferrand in the Auvergne-Rhône-Alpes ''région'' of France. It is the second largest tyre manufacturer in the world behind Bridgestone and la ...
stepped away in November 2002 as tyre supplier, with Jos Verstappen arriving to test in Valencia and Minardi had no tyres for the PS03. Therefore, Verstappen tested the 2001 PS01 on Avon
F3000 Formula 3000 (F3000) was a type of open wheel, single seater formula racing, occupying the tier immediately below Formula One and above Formula Three. It was so named because the cars were powered by 3.0 L engines. Formula 3000 championships ...
tyres. It would not be until late February 2003 an agreement with
Bridgestone is a Japanese multinational tire manufacturer founded in 1931 by Shojiro Ishibashi (1889–1976) in the city of Kurume, Fukuoka, Japan. The name Bridgestone comes from a calque translation and transposition of , meaning 'stone bridge' in Japan ...
was reached. Late in February, Minardi held a test session at Imola Circuit where the second Cosworth powered PS03 chassis was tested for the first time, with Bridgestone tyres. Just 24 hours before the car would be packed for transit to Australia for the first round. The PS03 was launched formally in
Melbourne Melbourne ( ; Boonwurrung/Woiwurrung: ''Narrm'' or ''Naarm'') is the capital and most populous city of the Australian state of Victoria, and the second-most populous city in both Australia and Oceania. Its name generally refers to a met ...
,
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ahead of the first race. The 2003 season was largely challenging for Minardi. The PS03 secured no points all season and retired from 11 races, including Justin Wilson retiring from the first four races. He suffered from exhaustion and temporary paralysis in the neck during the
2003 Malaysian Grand Prix The 2003 Malaysian Grand Prix (officially the 2003 Petronas Malaysian Grand Prix) was a Formula One motor race held on 23 March 2003 at the Sepang International Circuit. It was the second race of the 2003 Formula One season, and it was won by Kim ...
due to his
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device coming loose and restricting arm movement inside the PS03 cockpit. Verstappen had a chance of scoring points at the rain soaked
2003 Brazilian Grand Prix The 2003 Brazilian Grand Prix was a Formula One motor race held on 6 April 2003 at Autódromo José Carlos Pace (Interlagos). It was attended by 120,000 spectators. It was the third round of the 2003 Formula One World Championship, the 32nd Braz ...
, where a host of drivers including world champion Michael Schumacher retired, but retired on lap 31 due to a spin. In June 2003, owner Stoddart had purchased five Arrows A23 race cars following the teams administration. There was speculation that the cars were of higher quality than the PS03 and they may run in the Minardi colours for 2004. In August of that year, Jos Verstappen tested the A23 at Mugello Circuit to assess its suitability. In July, Wilson was signed by
Jaguar Racing Jaguar Racing is the name given to Jaguar Land Rover's racing interests. It currently competes in Formula E under the name Jaguar TCS Racing as a result of the partnership with Tata Consultancy Services. It was previously a Formula One construc ...
and replaced outgoing driver
Antonio Pizzonia Antonio is a masculine given name of Etruscan origin deriving from the root name Antonius. It is a common name among Romance language-speaking populations as well as the Balkans and Lusophone Africa. It has been among the top 400 most popular male ...
. Minardi quickly signed Nicolas Kiesa, who did not score any points but finished all five Grand Prix he competed in driving the PS03. Minardi would ultimately finish in last place in the Constructors' Championship.


Financial difficulties and sponsorship

Minardi started the year with a primarily black car, featuring heavy sponsorship from owner Paul Stoddart's
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brand. Alongside this were new deals with
Gazprom PJSC Gazprom ( rus, Газпром, , ɡɐzˈprom) is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. As of 2019, with sales over $120 billion, it was ranked as the larges ...
and
Superfund Superfund is a United States federal environmental remediation program established by the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA). The program is administered by the United States Environmental Pro ...
. Gazprom defaulted on their payments and were removed from the car before the
2003 Austrian Grand Prix The 2003 Austrian Grand Prix (formally known as A1 Grand Prix von Österreich 2003) was a Formula One motor race held on 18 May 2003 at the A1-Ring. It was the sixth round of the 2003 Formula One season and the 27th Austrian Grand Prix. The 69-lap ...
. At this time, Dutch business Trust upped their sponsorship and the car gained a black & white split livery. At the beginning of the season, there were on-going discussions between team bosses and the FIA about the distribution of revenue. Ron Dennis and Frank Williams were particularly against supporting Minardi, and this was heavily criticised by then FIA president Max Mosley. Part way through the season,
Bernie Ecclestone Bernard Charles Ecclestone (born 28 October 1930) is an English business magnate. He is the former chief executive of the Formula One Group, which manages Formula One motor racing and controls the commercial rights to the sport, and part-owns ...
bought a minority shareholding in the team. By October, Italian newspaper
La Gazzetta dello Sport ''La Gazzetta dello Sport'' (; "The Sports Gazette") is an Italian daily newspaper dedicated to coverage of various sports. Founded in 1896, it is the most widely read daily newspaper of any kind in Italy (in 2018). History and profile ''La ...
claimed Minardi had been sold for 2004, this was later refuted by owner Stoddart.


Complete Formula One results

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)


References

* {{F1 cars 2003 Minardi Formula One cars 2003 Formula One season cars