F1 Cost Cutting

[ArrowsFA1]

Autosport are carrying two stories today:


The Formula One Teams' Association (FOTA) continued to make progress with moves to cut costs and improve the spectacle of grand prix racing during its latest meeting on Tuesday.
http://www.autosport.com/news/report.php/id/73117


The FIA is preparing to unveil a new package of drastic cost-cutting measures that will reduce Formula One teams' operating budgets to just 50m Euros from 2010, in a bid to ensure continued manufacturer commitment to the sport.
http://www.autosport.com/news/report.php/id/73118

Now it could be that, while there are two reports, the FIA & FOTA are working together. On the other hand are they both ultimately heading down two different railtracks that may have left the station in the same direction but are now beginning to head off in different directions :confused: :crazy:

[wedge]

I think the FIA are showing the whip and playing hardball like they did with the last negotiations ie. propose something so preposterous and ludicrously do-able that FOTA have no choice but come up with drastic workable solutions.

[callum122]

Surely whatever the teams want, they won't get. Not likely the FIA will negotiate fairly.

[ioan]

If they manage to cut, the needed amount to compete for a season, to 100 million USD/Euro than F1 will survive on the long term.

[K-Pu]

If they manage to cut, the needed amount to compete for a season, to 100 million USD/Euro than F1 will survive on the long term.

Totally agree, but the problem is that 100 million € a year is not enough for these "businessmen".

It would be like capping costs in football. Imagine what the Real Madrid / Manchester United / Any big club would say if they weren´t allowed to spend mora than 100 million euros per season... There might be some F1 teams who would like to spend as much as possible because they can do it, thus making life impossible to the smaller teams.

And some other "businessmen" who do not race but have control over F1 (Mr. Bernie for example) would not like it happening unless it´s totally necessary to fill his pockets even more.

[Somebody]

Looking at what Autosport are saying about the FIA proposals... even Mosely can't genuinely be serious. It MUST be a negotiating tactic. It's not even so much what the standard parts list would entail, nor the idea of an "open development" area...

It's the idea that, having spent time, money and effort in gaining a competitive advantage in an area... your rival can then turn round, and forcibly buy that technology from you for a set (cheap) price.

IF they are serious, then this is just another attempt to get to a completely spec F1 by the back door.

[ioan]

Totally agree, but the problem is that 100 million € a year is not enough for these "businessmen".

It would be like capping costs in football. Imagine what the Real Madrid / Manchester United / Any big club would say if they weren´t allowed to spend mora than 100 million euros per season... There might be some F1 teams who would like to spend as much as possible because they can do it, thus making life impossible to the smaller teams.

And some other "businessmen" who do not race but have control over F1 (Mr. Bernie for example) would not like it happening unless it´s totally necessary to fill his pockets even more.

That's why, if F1 is to secure it's long term existence, Bernie has to go. Increasing all kind of commercial costs coupled with little if any return is what brought the sport in the difficult position of losing it's competitors.

[AndyRAC]

That's why, if F1 is to secure it's long term existence, Bernie has to go. Increasing all kind of commercial costs coupled with little if any return is what brought the sport in the difficult position of losing it's competitors.

I think you're probably right. However, any ideas how to 'persuade' him to go?

[leopard]

No need to persuade him, He will go once he found place makes him interested in more than his current place. :)

[ioan]

I think you're probably right. However, any ideas how to 'persuade' him to go?

Easy tell CVC that the teams will boycot the season if Bernie isn't thrown out. The choice (between losing billions and keeping Bernie) will be simple and fast.

[gloomyDAY]

Easy tell CVC that the teams will boycot the season if Bernie isn't thrown out. The choice (between losing billions and keeping Bernie) will be simple and fast.Think FOTA has the marbles?

[K-Pu]

I think someone should have...

Bernie said some time ago, IIRC, that the teams thought they had him caught by the balls, but their hands weren´t big enough (translated from Spanish, as I saw it).

There must be another way of running F1 which is not under the money-fist of Bernie, and there must be someon who can put him down on earth because you don´t have to be a genius to see that F1 is in a difficult situation and it´s impossible for new teams to enter the championship.

[Sleeper]

Autosport are carrying two stories today:


http://www.autosport.com/news/report.php/id/73117


http://www.autosport.com/news/report.php/id/73118

Now it could be that, while there are two reports, the FIA & FOTA are working together. On the other hand are they both ultimately heading down two different railtracks that may have left the station in the same direction but are now beginning to head off in different directions :confused: :crazy:
ITV ran this story as well, apparently FOTA and the FIA are working along similar lines but the FIA's proposal takes things further than the teams would like.

As for the other debategoing on here, if I had the choice to get rid of Bernie or CVC, it would have to be CVC, after all they are the ones telling Bernie to squeeze F1 for the money he can. Better the devil know, right....?