(Luca di Montezemolo and Max Mosley are going head-to-head)
Ferrari is Formula One. That is the message the Italian team has maintained for years. Such is the historical significance of the Scuderia - the only existing team to have competed in F1's inaugural season in 1950 - and the strength of its brand, the sports commercial rights holder, Bernie Ecclestone, and rival teams recognise the kudos Ferrari brings and have thus afforded it, in the Concorde Agreement, a greater share of the sport's revenues.
Under Jean Todt, Ferrari had a cosy relationship with the FIA. The FIA managed to persuade Ferrari to step away from the GPMA - the group of manufacturers who threatened to launch their own breakaway series.
But now Ferrari - buoyed by manufacturer support within FOTA - and the FIA are on a collision course over the proposed £40 million budget cap.
"The same rules for all teams,
stability of regulations, the continuity of the FOTA's endeavours to
methodically and progressively reduce costs, and governance of Formula 1 are
the priorities for the future," said Ferrari in a statement yesterday.
"If these indispensable principles are
not respected and if the regulations adopted for 2010 will not change, then
Ferrari does not intend to enter its cars in the next Formula 1 world
championship."
Entries for the 2010 world championship close on May 29, with Toyota and Red Bull's two F1 teams having already announced in public that they will not enter if the rules remain unchanged.
It is thought likely that the other
manufacturer teams will also join a 'boycott' of lodging an entry by the
deadline - with only the current independents Brawn GP, Williams and Force
India outfits set to apply.
Ferrari, like pretty much everyone else, is
opposed to the concept of two-tier F1, with budget capped teams enjoying
technical freedom while those who choose to run an uncapped operation will face
stringent technical regulations. Obviously, the capped team would produce a
quicker car - and so it would be
mad not to accept it. That is how the FIA is presenting this in a bid to get
everyone signed up.
The £40 million cap doesn't include driver
salaries or marketing. Therefore, is it not possible to run an F1 team on that
budget? I would suggest the fans wouldn't see the difference. Where it gets
complicated is that some teams would have to make major redundancies - no one
wants to see 2,000 more people in the dole queue, and the redundancy pay-outs
would cost millions.
I do believe, though, that a budget cap would guarantee the long-term health of the sport. I don't see there is a rational argument to defend teams spending $400 million a year. Particularly when the manufacturers (except, note, Ferrari) are losing billions right now.
What puts the sport in jeopardy is the ongoing power-play between the FIA and the teams. The teams want it on their terms, or else they'll walk. Would Ferrari really quit F1? Luca di Montezemolo is said to be meeting with Max Mosley in the coming days.
Although Ferrari is totally opposed
to a two-tier F1 system, and has questioned whether or not it is possible for a
£40 million budget cap to be introduced next year, the Italian outfit is also
concerned about governance of the sport and that is what this debate is really
about - they want the teams to run the show, because they believe they know
best. They think Max Mosley is a bully, but they believe they are more powerful
than the FIA, particularly if they have the support of the other teams. Right
now, Ferrari do have the support of the other manufacturers and Red Bull in
facing off the FIA over their two-tier offer.
Two-tiers is unworkable, it's
stupid, it'll be a turn off for fans. Then again, what's wrong with a £40
million cap? It could be the best thing that's ever happened to F1. In these
challenging times, how could the board of a car company think that was a bad
idea?
Well, it's simply down to power. And
the teams are fed up with Max. That's what it comes down to. And he won't give
up without a fight, so this is going to get very messy indeed.
I truly like keeping up with these updates It honestly helps me get through the day.
I came lately to your blog and have been reading along. I thought I would leave my first comment. Keep posting, cause your posts are wonderful! Doesn't it take up a lot of time to keep your website so amazing ?
One good book is one exercise for readers. Your site is one exercise for searchs in Internet.
Awesome stuff as regular...
I admire the valuable information you offer in your articles. I will bookmark your blog and have my children check up here often. I am quite sure they will learn lots of new stuff here than anybody else!
Approx 6,600,000,000 people in the planet, 75 percent are aware of jesus. One guy talking in just one country, initiated it, through word of mouth. You have the technology with which to reach all of those people, all this at your fingertips, you can change anything, go for it bad boys!!!!!!
That is some inspirational stuff. Never knew that opinions could be this varied. Thanks for all the enthusiasm to offer such helpful information here.
Nice information, many thanks to the author. It is incomprehensible to me now, but in general, the usefulness and significance is overwhelming. Thanks again and good luck!
greats tips excellent post
I was very pleased to find this site.I wanted to thank you for this great read!! I definitely enjoying every little bit of it and I have you bookmarked to check out new stuff you post.
the perfect post. Just like what you said. I have nothing to add. I’d like to elaborate a bit. This post is so well written it’s almost perfection itself. I feel that if a leave a comment it will stain the carpet and mess the overall grandeur of the blog. I beat a hasty retreat. But I come again to check how the author responds to commenters.
I found your site via yahoo thanks for the post. I will bookmark it for future reference. Thanks
No, I do not think so, but the style of your article i'll like it
http://ezinearticles.com/?Two-Tips-to-Find-the-Right-Dentist&id=4396169 how to find the right dentist
This valuable mispunctuated internet based acronym conveys the idea of which the commenter will not be bothered to look over the majority of the written text you have opted to submit
Thanks for sharing this excellent post, i really love your blog, but i have some issue i dont know whether it’s my side issue or in your website? some words from the post in your blog have charactor encoding problem, yes i use auto detecting, can u pls appear into this problem a bit?
fantastic art!
This is my first time i visit here. I found so many interesting stuff in your blog especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the enjoyment here! keep up the good work.
You certainly have some agreeable opinions and views. Your blog provides a fresh look at the subject.
I just book marked your blog on Digg and StumbleUpon.I enjoy reading your commentaries.
Very Interesting Blog! Thank You For Thi Post!
Should I buy steel golf clubs or graphite ?
You certainly deserve a round of applause for your post and more specifically, your blog in general. Very high quality material.
I’ve been visiting your blog for a while now and I always find a gem in your new posts. Thanks for sharing.
all i have to say is wow. it worked for me. maybe the people upset with this product didn't really use it properly. maybe they skipped out of a little bit of exercise. it worked for me and that's all i have to say about it. now im going to get my ACUs in a smaller size as they seem a bit large for me now.thanks for your product.
Which golf clubs will be the best for beginner ?
You certainly deserve a round of applause for your post and more specifically, your blog in general. Very high quality material.
Which Golf Clubs Are Better - Steel or Graphite ?
Awesome Post. I add this Post to my bookmarks.
I just sent this post to a bunch of my friends as I agree with most of what you’re saying here and the way you’ve presented it is awesome.
You certainly have some agreeable opinions and views. Your blog provides a fresh look at the subject.
Great Blog. I add this Blog to my bookmarks.
Which Golf Clubs Are Better - Steel or Graphite ?
You certainly deserve a round of applause for your post and more specifically, your blog in general. Very high quality material.
Very Interesting Blog! Thank You For Thi Post!
I’ve been visiting your blog for a while now and I always find a gem in your new posts. Thanks for sharing.
Very informative post. Thanks for taking the time to share your view with us.
Thanks For This Blog, was added to my bookmarks.
I just sent this post to a bunch of my friends as I agree with most of what you’re saying here and the way you’ve presented it is awesome.
I just sent this post to a bunch of my friends as I agree with most of what you’re saying here and the way you’ve presented it is awesome.
I find myself coming to your blog more and more often to the point where my visits are almost daily now!
I just book marked your blog on Digg and StumbleUpon.I enjoy reading your commentaries.
You certainly have some agreeable opinions and views. Your blog provides a fresh look at the subject.
Thanks For This Blog, was added to my bookmarks.
Very Interesting Post! Thank You For Thi Post!
You certainly deserve a round of applause for your post and more specifically, your blog in general. Very high quality material.
Hello you as I absolutely love your great blog, i woudl be glad if you would want me to blog a adorable review about your webblog in my little would you allow me to? Diabetic Shoes is my main interest.
I just sent this post to a bunch of my friends as I agree with most of what you’re saying here and the way you’ve presented it is awesome.
Awesome Post. I add this Post to my bookmarks.
I find myself coming to your blog more and more often to the point where my visits are almost daily now!
Great Post. I add this Blog to my bookmarks.
Thanks for sharing this excellent post, i really love your blog, but i have some issue i dont know whether it’s my side issue or in your website? some words from the post in your blog have charactor encoding problem, yes i use auto detecting, can u pls appear into this problem a bit?
Good post, thanks
Should I buy steel golf clubs or graphite ?
I find myself coming to your blog more and more often to the point where my visits are almost daily now!
Which golf clubs will be the best for beginner ?
Very Interesting Post! Thank You For Thi Post!
Excellent job.
I found a similar post on a different blog and didn't see the point, but this article is much clearer. Cheers!
I just book marked your blog on Digg and StumbleUpon.I enjoy reading your commentaries.
Thank You For This Post, was added to my bookmarks.
Which Golf Clubs Are Better - Steel or Graphite ?
Should I buy steel golf clubs or graphite ?
Awesome Blog. I add this Post to my bookmarks.
You certainly deserve a round of applause for your post and more specifically, your blog in general. Very high quality material.
Thank You For This Blog, was added to my bookmarks.
You certainly deserve a round of applause for your post and more specifically, your blog in general. Very high quality material.
This is cool! How did you learn this stuff when you were a newbie?
You certainly deserve a round of applause for your post and more specifically, your blog in general. Very high quality material.
You certainly have some agreeable opinions and views. Your blog provides a fresh look at the subject.
I find myself coming to your blog more and more often to the point where my visits are almost daily now!
I received this product within about 4 days after I ordered it. Very fast. It is a good product and I love how Acai makes me feel. I wouldn't hesitate to order from this company.
I just book marked your blog on Digg and StumbleUpon.I enjoy reading your commentaries.
Haha Ive ordered it and noticed quite a big change in energy use to I could only run a mile now I can run 2 miles and still want to run more...and thats after 3 days of taking it....As for the guy that says look at all the 5 star ratings they only have 1 review so do 4 of the 5 1 star rating also hah! so it would seem that other companies are making accounts and reviewing this item so they can sell theres instead....hah this review buisness all seems like crap to me...hah but either way I took it and love it:) havent even had it a week and ive felt more motivated than ever...im 19 and almost bald hah! funny stuff huh well my hair is starting to grow back already also..*no joke*;) anyways all these reviews are hard to believe is my point so really the only thing you can do is try it yourself and dont judge it by reviews cause reviews= fail in this case