FOTA starts a breakaway series

[xpensive]

Indeed, truer words never spoken. =D>

[timbo]

To me it's funny how Max delayed 2010 list and changed his words from "if they don't want to sign up, let it be, we'd find others" and "F1 can live without Ferrari" to "they will come back".
Did somebody explain him what all those Lightspeeds and iPodracings really worth?

[xpensive]

I believe most of those teams were bogus, the application-fee probably paid for by MrE.

How do you plan to design and build a car from scratch, let alone an entire team, in 8 months?

[timbo]

I believe most of those teams were bogus, the application-fee probably paid for by MrE.

How do you plan to design and build a car from scratch, let alone an entire team, in 8 months?

Yeah, obviously Max was trying to intimidate teams and separate them as much as possible. He probably wasn't expecting them to be so determined.

[xpensive]

I even doubt if you will see a "Campos" or "Redneck racing" car next year.

[bidong]

Next Year is the year of FOTA Scuderia Ferrari

Livery prediction:
"Who KERS about this car?"
"Formula Gone"
"0-60 1.6s --- F1 to FOTA, next channel"
"We're spending more on the other series"
"This paint was actually sponsored by Mercedes and Renault"
"Max OUT!"
"Bernie loves Max"
"We're testing... do not impede"
"Williams... let's go"

hehehehe... sorry just had to put it out

GO FOTA!!!

[donskar]

Max Mosley: If the teams want to start a new series they should do it.

FOTA: OK, we want to start a new series.

Max Mosley: I will sue!

______________________________________________________


Max Mosley: Why don't all you FOTA teams submit conditional entries on May 29th?

FOTA: OK, we have submitted our conditional entries.

Max Mosley: Conditional entries are invalid.

______________________________________________________


Max Mosley: F1 can survive without Ferrari.

Ferrari: OK, we are leaving.

Max Mosley: Oh no you aren't. We won't let you.

______________________________________________________


Have I missed anything? Am I living on a different planet? What else can we expect from Max now? Who could ever deal with such a man?

Excellent! I've got to believe these passages will come up in court.

On that topic -- if this case were heard in the USA, it could take many months, if not years, to be heard. I know little about EU procedures. Is there likely to be a quick legal resolution? Where is the case likely to be heard?

[donskar]

Apologies if I missed something, but wasn't the 2010 F1 (FIA version) field supposed to have been published by now???? You know: Ferrari, RBR, STR, and the Seven Dwarves?

[xpensive]

I believe it was, including the Ferrari, RBR and STR, but that it was challenged by the same teams?

[vall]

Apologies if I missed something, but wasn't the 2010 F1 (FIA version) field supposed to have been published by now???? You know: Ferrari, RBR, STR, and the Seven Dwarves?

Yes, but yesterday Mad Max said they will sue, the preparation for season 2010 will continue, but the list will be delayed

[gcdugas]

Apologies if I missed something, but wasn't the 2010 F1 (FIA version) field supposed to have been published by now???? You know: Ferrari, RBR, STR, and the Seven Dwarves?

Yes, but yesterday Mad Max said they will sue, the preparation for season 2010 will continue, but the list will be delayed

Geee, the day before Max said "Sign up or face exclusion"... and "the slots are filling up so you had better reserve your position"... hmmm. Let's see your teams Max! Where are they? Even Prodrive, Lola and N-Tech are gone. Let's see your "championship" Maxie-pooh! Bluffer. They called your hand and you no pair and no draw. Sorry. You lose. Too bad you bet it all. Now you lose it all.

Go directly to infamy. Do not pass "Go" and do not collect $200.

[outer_bongolia]

According to Mosley, now Bernie is also suing the teams:
http://en.f1-live.com/f1/en/headlines/n ... 2617.shtml
I did not think Ecclestone has anything that he can use against them. But Mosley claims this:

Mosley said every team in the FOTA group has been paid commercial revenues for the coming seasons in advance, so Ecclestone will be asking for it back.
"In the case of one team, that would be in excess of £100m pound. In every other case, it is tens of millions of pounds," he said.

I thought it was only Williams that had gotten monet up front. FOTA, in their breakaway statement said that:

Furthermore, tens of millions of dollars have been withheld from many teams by the commercial rights holder, going back as far as 2006.

It makes me wonder what Mosley is talking about.

To make things more interesting, Ecclestone is doing the opposite of what Mosley said: He's finally trying to help solve the problems:
http://en.f1-live.com/f1/en/headlines/n ... 3246.shtml

"I say, provided they confirm they will be in the championship for five years, they can spend what they like," the 78-year-old said at Silverstone on Saturday.

Too little too late. Ecclestone for sure cannot expect them to sign up to the current Concorde agreement anymore. The teams will ask for the new Concorde to be signed before making such a commitment to an FIA F1. This time FOM/CVC will be lucky if they get 10% of the proceeds.

What Ecclestone did was not just trying to fix the problem, but also undermining Mosley's stance. If Mosley has lost Ecclestone's support as well, there is not much time left for him as the head of FIA.

[tarzoon]

If the teams don't show up anymore, can Bernie sue the FIA?

I guess that FOTA can say that the FIA is creating an uncompetitive series. And with this knowledge, the commercial rights owner can claim that the FIA did not protect his interests in the sport/deal.

[WhiteBlue]

Max and Bernie have over played their hand. Mosley refused to negotiate about a new set of competition, technical, financial and governance rules claiming there is no time because the new teams must be told now. He has made that claim and then called it off . That shows he lost his game.

Bernie refused to share more of FOM'ds revenues which could have been used to ease the problems of new entrants against established rich teams. He will loose big time as soon as he signs any new contract and will face many demands to lower his asking price in the light of the weak grid F1 will have without FOTA.

Martin Witmarsh has said that as of end of June FOTA will start implementing new deals and structures for the break away series. http://www.motorsport.com/news/article.asp?ID=333408

FOTA are gaining credibility with Nico Rosberg saying he can't stay with Williams. http://en.f1-live.com/f1/en/headlines/n ... 0340.shtml

[RacingManiac]

Kazuki Nakajima, "F1" Champ 2010...