2010 F1 regulations - budget cap - Teams threaten to quit

F1greyhound · Post by **F1greyhound** » Mon May 25, 2009 7:12 pm

I dont think this is a sand pit. The teams have build huge organizations over the years and to simply apply a "budget cap" at a random rate is almost impossible for the big manufacturers.

If you read the FERRARI statement you have to admit they are absolutely spot on. Dont forget they are actively supporting the small teams when asked, e.g.engines...

FIA are also right in trying to push for the right direction and finally make the series more affordable.

All about finding the right compromise and nothing else is happening here...

FERRARI wont effectively quit, they know exactly there are no other racing series achieving even 1% of F1 media & public attention. If TOYOTA or BMW decide to leave, will it be due to politics or would they throw the towel in for lack of success?

Ed · Post by Ed » Mon May 25, 2009 11:02 pm

The Williams Formula 1 Team became the first of the current teams to lodge an application for entry into the 2010 Formula 1 Championship. This move contradict what was reported yesterday that all the FOTA members signed a document declaring they will not lodge applications unless the 2010 rules are reconsidered.

Williams have always supported the idea of the budget cap and appeared the closest of the teams to that of the FIA. It remains to be seen how the rest of the teams react to this move.

More:
Williams submits official 2010 entry

F1greyhound · Post by **F1greyhound** » Tue May 26, 2009 12:54 am

WILLIAMS are in the position to agree with the budget cap as it is since they are a much smaller sized operation than the manufacturers. However they will need one of them to supply a top notch engine...

JayVee · Post by **JayVee** » Tue May 26, 2009 10:24 am

F1greyhound wrote:I dont think this is a sand pit. The teams have build huge organizations over the years and to simply apply a "budget cap" at a random rate is almost impossible for the big manufacturers.

If you read the FERRARI statement you have to admit they are absolutely spot on. Dont forget they are actively supporting the small teams when asked, e.g.engines...

FIA are also right in trying to push for the right direction and finally make the series more affordable.

All about finding the right compromise and nothing else is happening here...

FERRARI wont effectively quit, they know exactly there are no other racing series achieving even 1% of F1 media & public attention. If TOYOTA or BMW decide to leave, will it be due to politics or would they throw the towel in for lack of success?

They are acting like kids. I have grown sick of Mosley and Bernie but now I am also growing sick of the teams too as they can't seem to be able to have a common position.
I still think Mosley is the source of the problem, he has too much power and should go. I can't beleive he is still there anyway. Any self respecting person would have gone a long time ago

I want to enjoy F1 for the racing, that is what I want. I don't want all the commentary be it pre, during or after a race to be dominated by stupid political fighting.
Drivers are being asked, are you going to be there next year

WHY ?

Julian Mayo · Post by **Julian Mayo** » Tue May 26, 2009 10:47 am

JayVee wrote:
F1greyhound wrote:I dont think this is a sand pit. The teams have build huge organizations over the years and to simply apply a "budget cap" at a random rate is almost impossible for the big manufacturers.

If you read the FERRARI statement you have to admit they are absolutely spot on. Dont forget they are actively supporting the small teams when asked, e.g.engines...

FIA are also right in trying to push for the right direction and finally make the series more affordable.

All about finding the right compromise and nothing else is happening here...

FERRARI wont effectively quit, they know exactly there are no other racing series achieving even 1% of F1 media & public attention. If TOYOTA or BMW decide to leave, will it be due to politics or would they throw the towel in for lack of success?
They are acting like kids. I have grown sick of Mosley and Bernie but now I am also growing sick of the teams too as they can't seem to be able to have a common position.
I still think Mosley is the source of the problem, he has too much power and should go. I can't beleive he is still there anyway. Any self respecting person would have gone a long time ago

I want to enjoy F1 for the racing, that is what I want. I don't want all the commentary be it pre, during or after a race to be dominated by stupid political fighting.
Drivers are being asked, are you going to be there next year WHY ?

Because the media vultures are desperate to keep the issue alive.............

JayVee · Post by **JayVee** » Wed May 27, 2009 12:23 pm

Julian Mayo wrote:
JayVee wrote:
F1greyhound wrote:I dont think this is a sand pit. The teams have build huge organizations over the years and to simply apply a "budget cap" at a random rate is almost impossible for the big manufacturers.

If you read the FERRARI statement you have to admit they are absolutely spot on. Dont forget they are actively supporting the small teams when asked, e.g.engines...

FIA are also right in trying to push for the right direction and finally make the series more affordable.

All about finding the right compromise and nothing else is happening here...

FERRARI wont effectively quit, they know exactly there are no other racing series achieving even 1% of F1 media & public attention. If TOYOTA or BMW decide to leave, will it be due to politics or would they throw the towel in for lack of success?
They are acting like kids. I have grown sick of Mosley and Bernie but now I am also growing sick of the teams too as they can't seem to be able to have a common position.
I still think Mosley is the source of the problem, he has too much power and should go. I can't beleive he is still there anyway. Any self respecting person would have gone a long time ago

I want to enjoy F1 for the racing, that is what I want. I don't want all the commentary be it pre, during or after a race to be dominated by stupid political fighting.
Drivers are being asked, are you going to be there next year WHY ?
Because the media vultures are desperate to keep the issue alive.............

The media plays its part for sure but most of the time they are used. It is very obvious that the FIA feel threatened by the teams being united so it is in their interest to do all they can to create division.

They aren't interested in F1, they are only interested in themselves.

I also think that the teams can certainly do better too

Ed · Post by Ed » Wed May 27, 2009 8:29 pm

FOTA members are meeting today (Wednesday) in London just 2 days before the FIA deadline for submitting applications for entry to the 2010 Formula 1 Championship.

There is talk that McLaren, Brawn and Force India may submit their applications prior to the deadline following the Williams team but the other teams are trying to convince otherwise.

This will be a crucial meeting and will test the unity of FOTA and whether the FIA and FOM have managed to cause a split

More:
FOTA to meet in London on Wednesday
FOTA set for yet another crisis meeting

Related:
FIA rejected request for May 29 extension
Also Briatore derides new F1 entrants

Ed · Post by Ed » Wed May 27, 2009 10:52 pm

News from the FOTA meeting is that Williams F1 have been temporarily suspended from FOTA membership. It appears that FOTA want to send a strong signal to the FIA that other teams aren't following the Williams team.

Williams F1 issued a press statement that read:

Following Monday’s confirmation that the team has submitted its formal entry for the 2010 FIA Formula One World Championship, the Formula One Teams Association has today decided temporarily to suspend Williams F1 from membership of FOTA.

Frank Williams, Team Principal: “FOTA’s decision, although regrettable, is understandable. However, as a racing team and a company whose only business is Formula One, with obligations to our partners and our employees, submitting our entry to next year’s Championship was unquestionable. In addition, we are legally obliged under our contract with FOM and the FIA to participate in the World Championship until the end of 2012.”

Ed · Post by Ed » Thu May 28, 2009 7:13 pm

With the deadline for entering the 2010 F1 Championship looming, it appears that a compromise has been reached. The details wll be known soon but the main points are:

- 100m Euro budget cap for 2010 then 45m Euro for 2011
- Drivers, the team boss and one technical staff is excluded from the cap
- Whole customer cars to be allowed in 2010

Max Mosley has been quoted as saying:

I am very optimistic about a solution. The big and small teams have very different interests and we have to protect everyone.
Will Ferrari enter by Friday? I think so. I am optimistic and confident. Ferrari is very important for formula one, but formula one is very important for Ferrari as well

Note everyone

The problem is that if something goes wrong and one of the parties back out, it is almost certain that Brawn GP and Force India will enter on Friday regardless.

More:
More current teams set for FOTA split

Julian Mayo · Post by **Julian Mayo** » Fri May 29, 2009 6:19 am

If something does go wrong, I wonder what Williams , Force India, and Brawn will use for engines..............OH! Hello Formula Cosworth............again.

Julian Mayo · Post by **Julian Mayo** » Fri May 29, 2009 8:54 am

Ed wrote:News from the FOTA meeting is that Williams F1 have been temporarily suspended from FOTA membership. It appears that FOTA want to send a strong signal to the FIA that other teams aren't following the Williams team.

Williams F1 issued a press statement that read:

Following Monday’s confirmation that the team has submitted its formal entry for the 2010 FIA Formula One World Championship, the Formula One Teams Association has today decided temporarily to suspend Williams F1 from membership of FOTA.

Frank Williams, Team Principal: “FOTA’s decision, although regrettable, is understandable. However, as a racing team and a company whose only business is Formula One, with obligations to our partners and our employees, submitting our entry to next year’s Championship was unquestionable. In addition, we are legally obliged under our contract with FOM and the FIA to participate in the World Championship until the end of 2012.”

"Not to mention the truckload of Money we took from Bernie last year to survive in F1"

Ed · Post by Ed » Fri May 29, 2009 9:47 pm

Looks like all the teams will submit applications for entry into F1 by the deadline although nothing is official and there are rumours that Toyota will be pulling out but has been denied.

More:
FOTA teams to lodge 2010 entries by deadline

Related:
David Richards set for 2010 F1 entry

Ed · Post by Ed » Fri May 29, 2009 11:37 pm

The Formula One Teams Association (FOTA) confirmed that all the teams submitted conditional entries for the 2010 F1 Championship

FOTA press release

All FOTA Teams have today submitted conditional entries for the 2010 FIA Formula One World Championship.

FOTA confirms all its Members’ long-term commitment to be involved in the FIA Formula One World Championship and has unanimously agreed further and significant actions to substantially reduce the costs of competing in the Championship in the next three years, creating a mechanism that will preserve the technological competition and the sporting challenge and, at the same time, facilitate the entry in the F1 Championship for new Teams. These measures are in line with what has been already decided in 2009 within FOTA, achieving important savings on engines and gearboxes.

All FOTA teams have entered the 2010 championship on the basis that:

1) The Concorde Agreement is signed by all parties before 12th June 2009, after which all FOTA teams will commit to competing in Formula One until 2012. The renewal of the Concorde Agreement will provide security for the future of the sport by binding all parties in a formal relationship that will ensure stability via sound governance.

2) The basis of the 2010 regulations will be the current 2009 regulations, amended in accordance with proposals that FOTA has submitted to the FIA.

All FOTA teams’ entries for the 2010 FIA Formula One World Championship have been submitted today on the understanding that (a) all FOTA teams will be permitted to compete during the 2010 Formula One Season on an identical regulatory basis and (b) that they may only be accepted as a whole.

All FOTA teams now look forward with optimism to collaborating proactively and productively with the FIA, with a view to establishing a solid foundation on which the future of a healthy and successful Formula One can be built, providing lasting stability and sound governance.

Ed · Post by Ed » Sat May 30, 2009 12:09 am

This conditional entry by the FOTA teams (less Williams who have already submitted on their own) means that no compromise has been reach and the FOTA teams remain oppose to the FIA regulations and want their own proposals to be in the regulations. The ball is now in the FIA's and FOM's court but expect the crisis to flare up again prior to the 12th of June

Julian Mayo · Post by **Julian Mayo** » Sat May 30, 2009 12:38 am

Ed wrote:This conditional entry by the FOTA teams (less Williams who have already submitted on their own) means that no compromise has been reach and the FOTA teams remain oppose to the FIA regulations and want their own proposals to be in the regulations. The ball is now in the FIA's and FOM's court but expect the crisis to flare up again prior to the 12th of June

Or Bernie will hit Max with a very, very, big stick, and all will be well.