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2009 Formula 1 Thread (pg. 11)
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| MikeyN |
Teams agree to exit Formula One
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According to Formula One Teams' Association President, all teams have agreed to withdraw from Formula One at the end of the season should the sport’s governing body, the FIA, proceed with its plans to introduce a £40m budget cap for the 2010 season, the BBC reports this afternoon. Few details are available as FOTA has concluded their meeting on board Flavio Briatore’s yacht anchored in Monte Carlo ahead of this Sunday’s sixth round of the championship at the Principality, but Ferrari President and FOTA Chairman Luca di Montezemolo has made clear the threat to exit the sport is far from a bargaining gesture. The teams are now meeting with FIA President Max Mosley to state their case, presumably with their own cost cutting plans for the 2010 season and beyond, a move that Mosley believes is unlikely to yield a realistic alternative to the budget cap. Asked if he was confident about the meeting with the FIA President, he answered: "We will see. We are all together," he said after the meeting on Force Blue. "We will be in position to go to the FIA saying in a very constructive but very clear way the position of FOTA," Montezemolo continued. Insisting that the proposition to Mosley will be final he added: "What is important is that our view of the future is absolutely in common. We want Formula One, we don't want something else." With both sides seemingly unwilling to back down, the threat of a breakaway series has gone from an unlikely possibility, to a real threat to the governing body and commercial rights holders; Formula One Management. E.A. © CAPSIS International Source: GMM |
http://en.f1-live.com/f1/en/headlin...522181814.shtml |
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| pmoisse |
Bernie and Max need to gtfo of the FIA and F1. Their random management and rule changes don't make sense at all.
They've lost touch with the teams and this is the result. The teams agree that they need to reduce costs, but the way it's being put on them is stupid (the two-tier rules system).
I'd love to see Ferrari get back into sportscars and endurance racing. |
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| Orko |
| quote: | Originally posted by pmoisse
I'd love to see Ferrari get back into sportscars and endurance racing. |
It would be amazing for them to step back into prototype racing, and try and challenge the decade long dominance of Audi, with its R8. Oh the Ferrari 333sp was such a sweet car!
Ferrari and the other teams have called Max's bluff. No way, they will allow all the manufacturers to exit. For sakes, the logic does not make any sense. Fine, let all the big guys come in, and let small private firms take over. But who will supply the engines, within 6 months? Right now, Renault, Merc, Ferrerai, and BMW make the engines, all the big boys. Even if Cosworth were able to step up, but be able supply all 10 teams? Don't think so. |
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| El K Dee |
| quote: | FOTA to launch rival championship
The Formula One Teams’ Association has thrown the sport into total chaos by announcing its eight members will set up their own breakaway series at the end of the season.
Following weeks of talks with the FIA aimed at breaking the deadlock in the bitter row over the 2010 budget cap and governance of Formula 1, a joint statement from Ferrari, McLaren, BMW, Renault, Brawn, Toyota and both Red Bull teams issued on Thursday night said they had grown tired of the governing body’s demands and had been left with “no alternative” other than to initiate a split.
The cataclysmic announcement comes after the eight FOTA members met for 11th-hour talks at Renault's Enstone factory on Thursday evening to decide whether they would accept FIA president Max Mosley’s final compromise offer and submit unconditional entries for the 2010 season ahead of Friday’s deadline.
In its bombshell statement FOTA accused both the governing body and F1's commercial supremo Bernie Ecclestone of trying to divide the group, adding that while it has strived to strike a peace it was no longer willing to "compromise on the fundamental values of the sport".
The FOTA statement said: "The FIA and the commercial rights holder have campaigned to divide FOTA.
"The wishes of the majority of the teams are ignored. Furthermore, tens of millions of dollars have been withheld from many teams by the commercial rights holder, going back as far as 2006. Despite this and the uncompromising environment, FOTA has genuinely sought compromise.
“It has become clear however, that the teams cannot continue to compromise on the fundamental values of the sport and have declined to alter their original conditional entries to the 2010 World Championship.
“These teams therefore have no alternative other than to commence the preparation for a new Championship which reflects the values of its participants and partners."
FOTA says its new championship will include all of Formula 1's existing household stars and major figures, with “transparent governance” one of its key goals.
It added that it would welcome new entrants to join its series and promised to improve the experience for fans.
“This series will have transparent governance, one set of regulations, encourage more entrants and listen to the wishes of the fans, including offering lower prices for spectators worldwide, partners and other important stakeholders," the statement added.
“The major drivers, stars, brands, sponsors, promoters and companies historically associated with the highest level of motorsport will all feature in this new series.”
Should there be no U-turn from the teams' alliance and they go ahead with their intention to set up a rebel championship, then it will mark a destructive conclusion to one of the biggest controversies in Formula 1's 60-year history.
After the FIA's World Motor Sport Council raised the ire of the teams by unilaterally passing an optional £40m budget cap, and two sets of technical regulations, for 2010 at the end of April, Ferrari, Renault, Toyota and Red Bull all threatened to pull their teams out of the sport at the end of the year if the rules stood as published.
With Mosley adamant a budget cap was necessary to safeguard F1’s future amid the recession and entice much-needed new teams onto the grid, FOTA remained at loggerheads with it over the future direction of the sport and several rounds of crisis talks ahead of the Monaco Grand Prix last month failed to end the standoff.
And while Williams and Force India were suspended from the teams' body after breaking ranks and submitting unconditional entries for the 2010 season, the remaining teams all made conditional applications for next season – stressing they would only enter if the 2009 rules were retained and a new Concorde Agreement signed.
McLaren, Renault, BMW, Brawn and Toyota were all subsequently handed provisional entries but told to drop their conditions by this Friday or risk being excluded from next year's grid.
Ferrari, Red Bull and Toro Rosso, meanwhile, were entered unconditionally with the FIA insisting they were duty-bound to continue in the sport until 2012 due to previous contractual agreements with the governing body and FOM.
But after further meetings between the two warring sides broke down on Tuesday, and a last-ditch exchange of letters detailing their respective compromise offers failed to break the deadlock heading into Friday, FOTA has now taken the most dramatic step available to it.
The teams' alliance added in its statement that it believed that it had already introduced a number of major cost reduction measures to get spending in the sport under control, reiterating that its members had offered the FIA their commitment to F1 until 2012 if its terms were met.
"Since the formation of FOTA last September the teams have worked together and sought to engage the FIA and commercial rights holder, to develop and improve the sport," its statement added.
"Unprecedented worldwide financial turmoil has inevitably placed great challenges before the F1 community.
"FOTA is proud that it has achieved the most substantial measures to reduce costs in the history of our sport.
"In particular the manufacturer teams have provided assistance to the independent teams, a number of which would probably not be in the sport today without the FOTA initiatives.
"The FOTA teams have further agreed upon a substantial voluntary cost reduction that provides a sustainable model for the future.
"Following these efforts all the teams have confirmed to the FIA and the commercial rights holder that they are willing to commit until the end of 2012."
The FIA's next move may be to promote the provisional new entrants it left on a standby list for the 2010 grid while it waited for a resolution to the FOTA row, with Prodrive one of the teams hoping to get the opportunity to join the already confirmed Team US F1, Manor and Campos squads.
Furthermore should the FOTA rival series become a reality, then it is likely to trigger a legal battle between the governing body and Ferrari and both Red Bull-owned teams
Ferrari has insisted the FIA broke the terms of its 2005 agreement with the governing body by introducing the budget cap without its consultation. |
http://www.itv-f1.com/News_Article.aspx?id=46159 |
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| MikeyN |
Yeah. Read about this earlier today.
I'm actually happy, I was sick and tired of the FIA. I have been for a long time now. I feel like the FIA has only taken action that has been detrimental to the sport, over the years they've sliced and diced away the spectacle. |
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| Intangible |
| quote: | Originally posted by pmoisse
Bernie and Max need to gtfo of the FIA and F1. Their random management and rule changes don't make sense at all.
They've lost touch with the teams and fans and this is the result. The teams agree that they need to reduce costs, but the way it's being put on them is stupid (the two-tier rules system).
I'd love to see Ferrari get back into sportscars and endurance racing. |
Agree... but edited... |
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| Orko |
This move was stayed off 10 years ago, when it really should have happened. Originally Berrnie was the problem by keeping too much money, then they hashed out a new concord agreement. The teams got more money, and were 'happy'. Then Max lost his marbles, and we came to this.
F1 had its run. I am very excited to see the prospects of a racing league run by the teams for the teams. Maybe we will get back to the days of guys hanging around the pit garage in gym shorts, smoking cigars, and just see now fast their babies can go.
Now lets see some real specs, and racing, with lots of development. I want innovation damn it. Not two old senile men telling engineers how to race. |
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| El K Dee |
| quote: |
F1 peace deal agreed – Mosley
Wednesday, 24 June 2009 13:12
Formula 1 pulled back from the brink on Wednesday as rebel teams struck an 11th-hour deal with the FIA to prevent the sport splitting in two.
Following a meeting of the governing body’s World Motor Sport Council in Paris, FIA president Max Mosley said agreement had been reached on cost reduction and the Formula One Teams’ Association had dropped plans to start a breakaway championship.
As part of the deal Mosley will stand down as FIA president when his current term ends in October – having signalled on Tuesday that he would seek re-election if what he saw as FOTA’s threat to the governing body’s authority persisted.
“There will be no split,” said Mosley.
“We have agreed to a reduction of costs.
“There will be one F1 championship but the objective is to get back to the early 1990s level of spending within two years.”
Speaking about his own position, Mosley added: “I will not be up for re-election now we have peace.”
Bernie Ecclestone, F1’s commercial impresario who had vowed to do everything within his power to keep the sport intact, said that he was “very happy common sense has prevailed”.
The breakthrough ends months of bitter wrangling over the future direction of Formula 1, in which the eight FOTA teams have been at loggerheads with the FIA over its plans to introduce a budget cap in 2010 and the manner in which it governs the sport.
Specifics of the cost-cutting measures have not yet been released, but it appears the FIA has received undertakings from the teams to reduce costs on an aggressive timescale, but without the enforcement mechanism that a budget cap would entail.
One of FOTA’s main objections to the budget cap scheme was the potential intrusiveness of the auditing process and the power it would hand to the governing body to pore over the teams’ accounts.
The teams also wanted a phased approach to cost reduction to allow them time to downsize their organisations in an orderly fashion, and the two-year timetable mentioned by Mosley represents such a ‘glide path’.
However, getting budgets down to early 1990s levels by the end of 2011 will take them close to Mosley’s original target of £40 million per year. By what means such a drastic reduction is to be achieved remains to be seen.
The FOTA teams and car manufacturers had made it increasingly clear that Mosley’s abrasive leadership style was at the core of their objections to F1’s governance, and that they would not accept his remaining in office for a fifth term.
Mosley is likely to claim that he always intended to step down this October and had only reconsidered that position because of what he saw as FOTA’s bid to emasculate the FIA, a threat which has now receded.
But there is no doubt the teams will regard it as a victory to have extracted from Mosley a firm pledge to bring his 16-year reign to an end in the autumn.
With all the current teams apparently having committed to F1 until 2012, the FIA will now shelve plans to issue legal proceedings against Ferrari and FOTA and is expected to announce the final 2010 entry list imminently. |
http://www.itv-f1.com/news_article.aspx?id=46243 |
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| Whip_lash |
| Wow they reached a deal which will pretty much bring in the budget cut a year later then what FIA wanted... F1 has gone down hill and it will get much worse once this budget cut is in, winners will stay winners and losers wont be able to do anything to improve their cars because they wont have money to do so. |
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| Orko |
:(
I was really hoping for a break away series. I want people like Brawn, and Theissen, and Whitmarsh to be setting the rules, and direction of the sport. |
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| pmoisse |
| I have hope for F1 now that Mosely will not be interfering with things. |
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