View Poll Results: Whose side are you on regarding the F1 budget cap issue?
Ferrari
8
66.67%
FIA
3
25.00%
Neither (explain in post)
1
8.33%
Voters: 12. You may not vote on this poll
Now It's Getting Nasty - Ferrari Loses Bid to Prevent Cap, FIA Fires Back
#11
The sport surely won't be the same without Ferrari on the grid and I have a feeling that if they leave, a lot of other high profile teams will follow suit. This is indeed a dark day for F1...
Then again, the budget cap only seems to have an impact on development and testing; both of which is already highly restricted. Employee salaries (including the drivers) are not included in this budget cap, AFAIK. Travel, hospitality, and marketing costs aren't included under the budget cap either.
Then again, the budget cap only seems to have an impact on development and testing; both of which is already highly restricted. Employee salaries (including the drivers) are not included in this budget cap, AFAIK. Travel, hospitality, and marketing costs aren't included under the budget cap either.
#12
Bernie and Ferrari set up special rules for Ferrari a few years ago. This was the start of the real two-tier system. The only reason that F1 is now promoting a two-tier system today is because of this special, good ol' boy, agreement with Ferrari. And of course Ferrari wants to maintain this ridiculous and unfair 'special' agreement status over all of the other F1 teams. But F1's new team entries, and thus F1's future, all insist on a spending ceiling and having all teams compete on a level playing field. It's the same thinking as the NFL's player salary cap. Who, but a very very few extremely well-healed teams like Ferrari, would argue about the overall success and wisdom of such overall spending limits?
As the very well respect F1 writer, James Allen wrote:
... They (Ferrari) also are unhappy that the FIA has, in their view, not respected rights, which were apparently agreed between the governing body and Ferrari in 2005, whereby the team ( only Ferrari) have a right of veto over rule changes.
This is why the two-tier element to the 2010 rules comes in, so that Ferrari can continue to run with unlimited budget if it wishes to.
As Mosley said: “If Ferrari chooses to continue with an unrestricted budget the new regulations will not deprive Ferrari of any rights or impose any significant new obligations upon Ferrari.”
Ferrari’s statement hints at a legal challenge against the FIA and the 2010 rules.
It also ends by saying that the chairman is mandated to look at all avenues in order to protect Ferrari’s interests and this could be taken to mean either entering another existing series or starting their own, possibly in conjunction with other manufacturers.
This is why the two-tier element to the 2010 rules comes in, so that Ferrari can continue to run with unlimited budget if it wishes to.
As Mosley said: “If Ferrari chooses to continue with an unrestricted budget the new regulations will not deprive Ferrari of any rights or impose any significant new obligations upon Ferrari.”
Ferrari’s statement hints at a legal challenge against the FIA and the 2010 rules.
It also ends by saying that the chairman is mandated to look at all avenues in order to protect Ferrari’s interests and this could be taken to mean either entering another existing series or starting their own, possibly in conjunction with other manufacturers.
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