Ultimate Solution for F1!!!

Post here all non technical related topics about Formula One. This includes race results, discussions, testing analysis etc. TV coverage and other personal questions should be in Off topic chat.
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sharkie17
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Joined: 16 Apr 2004, 03:38
Location: Texas

Ultimate Solution for F1!!!

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More i thought about it, more it made sense to me...

Think about it. Ferrari and Toyota has more money than god... they can drop however much cash into any R&D or personnel. Lesser team is at a disadvantage since they dont have the deep pocket... How to level the playing field? Limit the amount they can spend in one season!

This would include, R&D, drivers salary, personnel salary, cars, tires and all the expenses... (this money also includes the funds provided by sponsors)

This means that next season, Minardi and Ferrari only have 100 million dollars each to spend on EVERYTHING. If a team wants to encrust their cars in diamonds, fine. as long as it doesnt go over the 100 million mark.

This solution would allow F1 to stay as the pinnacle of motor sport and at the same time give each team innovative and inventive way to come up with a great car...without feeling that they are being handicapped by lack of funds.

i dunno, i sound like a crazy man rambling... what do you guys think?

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Steven
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Joined: 19 Aug 2002, 18:32
Location: Belgium

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I am rather opposed to that measure. This is not an ultimate solution.
The problem is that you will get teams letting produce parts by '3rd party' companies, who could then spend lots and lots of money to develop them. It would be impossible to control these things, and you could get 20 supply companies being sonsored by Toyota this way.
Checking investment like you say will also lead to more fraude, which isn't a good idea :D

As we discussed earlier in a thread some weeks ago, some of us agreed it would be a good idea to stepwise decrease the maximum staff capacity. I think at first 450 people would be a good start, and then decrease to 300. It may have to be slower than that, but a staff limit is controllable and reduces development and costs the same way you say

West
West
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Joined: 07 Jan 2004, 00:42
Location: San Diego, CA

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Kill Bernie Ecclestone and send his money to Minardi and Jordan.
Bring back wider rear wings, V10s, and tobacco advertisements

West
West
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Joined: 07 Jan 2004, 00:42
Location: San Diego, CA

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I wish the banks and Bernie would open their wallets more to the lesser teams, since he already has a grip of money (as well as years). I forgot how the whole operation runs however, so I don't know how hard it is to even out payments. It's that whole GPWC stuff.
Bring back wider rear wings, V10s, and tobacco advertisements

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sharkie17
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Joined: 16 Apr 2004, 03:38
Location: Texas

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i said, the monetary figures INCLUDE sponsor money. if a company develops a revolutionary or evolutionary hardware, cost of development and price of the equipement is INCLUDED in the final annual budget. There are ways to monitor these things so fraud cant blatantly be rampant. I mean, think about all the money FIA spends to make sure all the teams are on the up and up... They can do the same for this new regulation. It is NOT impossible. all these company sponsoring F1 would have to submit an accounting report on all their contribution both monetary and hardware. This is done all the time in the States and it can be done in formula one.

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sharkie17
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Joined: 16 Apr 2004, 03:38
Location: Texas

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i was also thinking that if third party vendor does all the research and development, then teams like Minardi and Jordan buys them, it would cut the cost down for them as well, since they are not out of huge investment and time required for those pieces... which in turn pressure bigger teams to come up with a cheaper solution as well.