FIA introduces £30m budget cap

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Chaparral
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Re: FIA introduces £30m budget cap

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WhiteBlue wrote:It is well known that the teams I mentioned have signed up to a concord agreement to run from 2008-2012 when the FIA vs GPMA war was raging in 2005. There are countless publications about the fact. The rest of the teams never signed up because their parent companies did not want to commit for a longer time.

That agreement may be called something else but it was done in the spirit of the concord agreement and it has legal consequences as we know. Williams used it to stop Prodrive from entering in 2008 and it also is the leverage that forced Mateschitz to abandon the common chassis design between RBR und STR next year.

I believe that Max and Bernie have picked a good time to pull this off because Ferrari will not get backed by any major TV market as they were some years ago. This time it will be only the Italians. Some years ago we would have had rioting in Germany if Mosley had ousted Ferrari. Now with Vettel, Hamilton, Button and Alonso pulling the crowds Ferrari have no bigger TV and ticket market on their side. If Bernie gets a little less money from Italie, Brazil and Finland he will not loose a lot of sleep over it.
Forget the crap ace - you are simply wrong - nothing has been in place since 2007 and the end of the old Concorde agreement - the only agreement in place is with the current teams and FOM and that is in place until 2012 - they agreed to commit to the series until then and if not they are liable to pay the penalty to FOM (Ecclestone) and Honda are going through that process now if I gather correctly. Whatever else your sprouting is b/s - end of story - have a nice day :)
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Scotracer
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Re: FIA introduces £30m budget cap

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Indeed there is no concord agreement in place at the moment, hence Bernie's blackmail of due money.
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nae
nae
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Re: FIA introduces £30m budget cap

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Ferrari have a clause that says something about continuing till 2012 as if the
concord is still in force, in there special deal with bernie
..?

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gcdugas
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Re: FIA introduces £30m budget cap

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WhiteBlue wrote:The WMSC is the highest authority with regard to rule making. They can decide whatever they want as long as they stay inside the contractual limits they have committed to.

I would love to see someone else run for FIA president. The only problem is who would we have to balance the power of Bernie when Max is gone? Bernie alone with a Rookie in the FIA driver seat would be desaster.

The teams have plenty of capable executive administrators to select a good one from. The chief need is for a backbone and to respect the agreed to lines of authority and procedure. It should be very doable... Ron Dennis anyone? Just Kidding...
Innovation over refinement is the prefered path to performance. -- Get rid of the dopey regs in F1

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WhiteBlue
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Re: FIA introduces £30m budget cap

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Chaparral wrote:
WhiteBlue wrote:It is well known that the teams I mentioned have signed up to a concord agreement to run from 2008-2012 when the FIA vs GPMA war was raging in 2005. There are countless publications about the fact. The rest of the teams never signed up because their parent companies did not want to commit for a longer time.

That agreement may be called something else but it was done in the spirit of the concord agreement and it has legal consequences as we know. Williams used it to stop Prodrive from entering in 2008 and it also is the leverage that forced Mateschitz to abandon the common chassis design between RBR und STR next year.

I believe that Max and Bernie have picked a good time to pull this off because Ferrari will not get backed by any major TV market as they were some years ago. This time it will be only the Italians. Some years ago we would have had rioting in Germany if Mosley had ousted Ferrari. Now with Vettel, Hamilton, Button and Alonso pulling the crowds Ferrari have no bigger TV and ticket market on their side. If Bernie gets a little less money from Italie, Brazil and Finland he will not loose a lot of sleep over it.
Forget the crap ace - you are simply wrong - nothing has been in place since 2007 and the end of the old Concorde agreement - the only agreement in place is with the current teams and FOM and that is in place until 2012 - they agreed to commit to the series until then and if not they are liable to pay the penalty to FOM (Ecclestone) and Honda are going through that process now if I gather correctly.
You gather incorrectly
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Formula One's fundamental ethos is about success coming to those with the most ingenious engineering and best .............................. organization, not to those with the biggest budget. (Dave Richards)

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WhiteBlue
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Re: FIA introduces £30m budget cap

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Scotracer wrote:Indeed there is no concord agreement in place at the moment, hence Bernie's blackmail of due money.
If you carefully read what I posted you will find that i have never said that a concord is in place. There is just an unpublished agreement which was meant as a follow up to the concord which was signed by the before mentioned teams, FOM and FIA.

That agreement has considerable legal implications as explained in my post.
Formula One's fundamental ethos is about success coming to those with the most ingenious engineering and best .............................. organization, not to those with the biggest budget. (Dave Richards)

xpensive
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Re: FIA introduces £30m budget cap

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You never back down, do you WB? :lol:
"I spent most of my money on wine and women...I wasted the rest"

Scotracer
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Re: FIA introduces £30m budget cap

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Bullshit isn't an insult not attack but a proper term - please read "On Bullshit" to find out more ;)
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PNSD
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Re: FIA introduces £30m budget cap

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Lol
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WhiteBlue
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Re: FIA introduces £30m budget cap

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I think that the FIA is 99% right in their policy to open up F1 to new teams and put the sport on a more level playing field in terms of budgets and resources. That may be unpopular but this board gives room for all opinions including the unpopular. I read a lot of postings every day that I do not agree with and see no reason to disqualify them as bullshit or call the writer names. I expect the fellow users to extend the same curtesy to me. Live is too short to waste it with cyber war in an internet forum.

In the end they will all sign up and there will be no break away. It is just the same procedure as 2006 for 2008. No reason for a different result this time around. Teams have never agreed on anything substantial without prior prodding. So they get prodded and along they trott. This budget cap debate runs for three years now and it is completely untrue that teams have not had endless opportunity to agree on a budget level. Montezemolo's strategy is simply to delay decisions until the 2010 designs are so advanced that nothing can be done any more. That game has been played for ages by the teams and he can't fool anybody with that any more.
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Formula One's fundamental ethos is about success coming to those with the most ingenious engineering and best .............................. organization, not to those with the biggest budget. (Dave Richards)

timbo
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Re: FIA introduces £30m budget cap

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WhiteBlue wrote:I think that the FIA is 99% right in their policy to open up F1 to new teams and put the sport on a more level playing field in terms of budgets and resources.
This is right on one level, but one another look at what we have - the closest grid in F1 history EVER. Period.
I think that professionalism and resources of manufacturers have greatly contributed to this.
If you make F1 a budget formula you would have guys like Andrea Moda and Life again. Is it good?
I don't think that enforcing a budget cap in the way we currently see is a good move. Note that not a single team currently competing have openly supported last FIA propositions.

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Re: FIA introduces £30m budget cap

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Conceptual
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Re: FIA introduces £30m budget cap

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Scania
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Re: FIA introduces £30m budget cap

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the double KERS can help to save fuel now

800kj/lap=20hp x 60sec =we can tune down 20hp of engine :mrgreen:
* in china GP, it is 60sec per lap to full thottle

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WhiteBlue
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Re: FIA introduces £30m budget cap

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timbo wrote:
WhiteBlue wrote:I think that the FIA is 99% right in their policy to open up F1 to new teams and put the sport on a more level playing field in terms of budgets and resources.
This is right on one level, but one another look at what we have - the closest grid in F1 history EVER. Period.
I think that professionalism and resources of manufacturers have greatly contributed to this.
If you make F1 a budget formula you would have guys like Andrea Moda and Life again. Is it good?
I don't think that enforcing a budget cap in the way we currently see is a good move. Note that not a single team currently competing have openly supported last FIA propositions.
It is true that FOTA have made some very good proposals. I like the refuelling ban and the consequent changes to the qually format. All the other ideas are questionable. Particularly shortening races. I'm happy they binned that right away. For the closeness of the grid I recommend Gary Andersons comment. This is largely a consequence of the massive grip increase from the slicks which all teams profit from. In previous years you had to have aero downforce to get performance and that requires a ton of money for design, wind tunnel testing and on track testing. So no surprise that rich teams usually got that sorted much better than the back markers.
Formula One's fundamental ethos is about success coming to those with the most ingenious engineering and best .............................. organization, not to those with the biggest budget. (Dave Richards)