F1 News - The S**t Hits The Fan In Maranello Tomorrow
#1
F1 News - The S**t Hits The Fan In Maranello Tomorrow
The above article was taken from www.autosport.com. Full text available at http://www.autosport.com/news/report.php/id/75263.
#2
While I'm not a huge fan of Ferrari right now, the sport would go to hell in a hand basket in no time if Ferrari were to leave. Let's hope they stick around despite the proposed budget cap and this season's poor start.
#4
Yep, instead of $80 mil a season just to hang around they'll bump it to $120 mil and not count it towards the cap.
#6
F1 defines Ferrari as a brand. It is what separates them from their competitors in selling cars to consumers. Just about every piece of new technology on their cars has been developed through their F1 program. Their efforts in all other types of racing is almost non-existent. For Ferrari, leaving F1 would be a mistake of catastrophic proportions.
This has to be a bluff. The FIA has to do what it can to keep its "800 lb. gorilla" happy, especially now when they are in a down cycle. All great companies and all great teams go through periods of tremendous challenge. Without these periods, they would simply rest on their laurels and keep doing what they are doing without any major changes, while the competition is busy making major changes and catching up or even surpassing them.
Ferrari will be back within a few years, stronger than ever.
This has to be a bluff. The FIA has to do what it can to keep its "800 lb. gorilla" happy, especially now when they are in a down cycle. All great companies and all great teams go through periods of tremendous challenge. Without these periods, they would simply rest on their laurels and keep doing what they are doing without any major changes, while the competition is busy making major changes and catching up or even surpassing them.
Ferrari will be back within a few years, stronger than ever.
#7
If the pissing match between Luca and Max gets bad enough, I could see Ferrari pulling out of F1 - at least until Max is gone.
#8
Formula One news: Ferrari to exit if budget cap not revised - GPUpdate.net Formula One
The Ferrari team has said it will be departing from Formula One at the end of this season unless governing body the FIA changes rules surrounding its proposed budget cap for 2010. The system would see entrants being limited to £40m per season whilst enjoying greater technical freedom, but also allows for a controversial two-tier championship.
Ferrari's decision follows a meeting of the company's board of directors at its Maranello headquarters, as the team becomes the third - after Toyota and Red Bull - to hint an exit at the end of 2009.
"The Board considers that, if this is the regulatory framework for Formula 1 in the future, then the reasons underlying Ferrari's uninterrupted participation in the World Championship over the last 60 years - the only constructor to have taken part ever since its inception in 1950 - would come to a close," the official statement read.
The statement following Tuesday's meeting, which also charted Ferrari's progress so far this year, added that the team - with the spending limit option giving the possibility of two sets of technical regulations being used in one season - is disappointed about "the methods adopted by the FIA in taking decisions of such a serious nature".
With this case being the third to involve a current team's threatening to leave the sport, an FIA response is highly likely; in the event of the budget cap system being modified or abandoned, however, chances of seeing new entrants on the grid for 2010 will decrease.
The Ferrari team has said it will be departing from Formula One at the end of this season unless governing body the FIA changes rules surrounding its proposed budget cap for 2010. The system would see entrants being limited to £40m per season whilst enjoying greater technical freedom, but also allows for a controversial two-tier championship.
Ferrari's decision follows a meeting of the company's board of directors at its Maranello headquarters, as the team becomes the third - after Toyota and Red Bull - to hint an exit at the end of 2009.
"The Board considers that, if this is the regulatory framework for Formula 1 in the future, then the reasons underlying Ferrari's uninterrupted participation in the World Championship over the last 60 years - the only constructor to have taken part ever since its inception in 1950 - would come to a close," the official statement read.
The statement following Tuesday's meeting, which also charted Ferrari's progress so far this year, added that the team - with the spending limit option giving the possibility of two sets of technical regulations being used in one season - is disappointed about "the methods adopted by the FIA in taking decisions of such a serious nature".
With this case being the third to involve a current team's threatening to leave the sport, an FIA response is highly likely; in the event of the budget cap system being modified or abandoned, however, chances of seeing new entrants on the grid for 2010 will decrease.