The FIA has outlined its budget cap plans for 2010, including a spending limit of 40 million pounds. This new proposal increases the limit by 10m to try to convince more existing teams into the new system which includes more technical freedom than the uncapped teams.
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.
Paul wrote:Terrible idea, can't quite imagine the chaos it could bring to F1.
Although I can imagine team personell, including managers, living in motels and sticking to bread and water to save a buck for engine development.
It's going to be interesting to see how they get round this I wonder if they will use consultants from an external company who they can use by the hour, and therefore avoid all those extra costs or even field 2 teams and have the same staff for both where possible, which could happen as they are looking to expand the field as well. It'll end up being an accountants dream and a joy for hte rule fiddlers.
Isn't this a contradiction in terms? Budget Cap and Technical Freedom, how is this possible?
"The voluntary cap will be set at £30 million per team per season, and those outfits signing up to the option will be allowed total technical freedom." Has Max gone completely mad with this statement? The proposed budget cap comes in under a competitive IndyCar Team's budget, with standardized everything.
I can't see this happening without creating two tiers of teams, further diluting the brand of F1.
so FOTA and the teams were not aware of this. Someone suggested that the changes for 2010 have been discussed with the teams, but apparently they have not.
Carbon wrote:Isn't this a contradiction in terms? Budget Cap and Technical Freedom, how is this possible?
"The voluntary cap will be set at £30 million per team per season, and those outfits signing up to the option will be allowed total technical freedom." Has Max gone completely mad with this statement? The proposed budget cap comes in under a competitive IndyCar Team's budget, with standardized everything.
I can't see this happening without creating two tiers of teams, further diluting the brand of F1.
Please make the nonsense stop. [-o<
Technical Freedom can be achieved without tons of money. the Idea of throwing money at the problem to solve it has been declared false when we look at both Toyota & Honda.
Carbon wrote:Isn't this a contradiction in terms? Budget Cap and Technical Freedom, how is this possible?
"The voluntary cap will be set at £30 million per team per season, and those outfits signing up to the option will be allowed total technical freedom." Has Max gone completely mad with this statement? The proposed budget cap comes in under a competitive IndyCar Team's budget, with standardized everything.
I can't see this happening without creating two tiers of teams, further diluting the brand of F1.
Please make the nonsense stop. [-o<
Technical Freedom can be achieved without tons of money. the Idea of throwing money at the problem to solve it has been declared false when we look at both Toyota & Honda.
Carbon wrote:Isn't this a contradiction in terms? Budget Cap and Technical Freedom, how is this possible?
"The voluntary cap will be set at £30 million per team per season, and those outfits signing up to the option will be allowed total technical freedom." Has Max gone completely mad with this statement? The proposed budget cap comes in under a competitive IndyCar Team's budget, with standardized everything.
I can't see this happening without creating two tiers of teams, further diluting the brand of F1.
Please make the nonsense stop. [-o<
Technical Freedom can be achieved without tons of money. the Idea of throwing money at the problem to solve it has been declared false when we look at both Toyota & Honda.
QFT.
You don't need money to be ingenious.
Actually lack of money has led to alot of ingenious designs.
Is this their waying of trying to make F1 a one make formula?
For example buying a tub from an outside "specialist" will be cheaper than employing skilled carbon fibre layers..making jigs..puting it an autoclave...testing it..
I believe that this is quite a good solution that will see the number of teams grow to 12 or even 14 next year and prevent the exodus of auto firms.
Instead of terminating the team Honda could have put them on a very small budget and continued. It can work for Renault, Williams and any other team as well. I'm sure Brawn will run to this option.
Effectively we will have two classes of cars:
1.class
* unlimited budget
* fixed technical rules until 2012
* provides the benchmark for median performance
2. class
* limited low budget
* considerable technical freedom within certain spec delimiters
* profits can be payed to share holders who may be (engineers, principals, drivers)
* delimiters to be adjusted to median performance benchmark of class 1
The FIA promises to adjust medium performance of both classes by adjusting the technology delimiters. So within each class relative competitiveness pays towards the championship. If a class 2 leader has more relative competitiveness than the class 1 leader it means he will become the champion. It is a very good system for new entrants.
Of course the existing rich teams are pissed off. They will not be in a position to stop really inventive guys to run a way with the championship as they could do in the past by simply outspending them. So what I privatly call the outspending policy of the old concorde cartell is broken.
Well done FIA. I guess we will see a very interesting season next year.
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)
Whiteblue, it seems You & I are the only fans interested in seeing F1 move into the future... while I am not yet sold on the parameters of this budget cap(including the drivers in such a low total cap seems draconian), I am hopeful of the new direction of allowing and even encouraging technical development with fiscal responsibility still in mind.
I'm disappointed that so many F1 fans, while claiming to value innovation, are so opposed to the reopening of technical rules.
I believe that driver salaries will go down dramatically and top drivers will be offered shares in the team. Thus they can earn profits instead of salaries. It strikes me as a very good system as it allows more young drivers to enter the sport as well as team owners and engineers who are really inventive. A lot of the drones will be cut off as the teams will probably cut back their marketing budgets. Those team personell who are genuinely good at what they do can start their own teams.
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)
WhiteBlue wrote:
* delimiters to be adjusted to median performance benchmark of class 1
Don't forget that delimiters work both way. And would you like to see if sum fukwit team would come with F3 chassis that would be given jet-engine and ground effect to be able to compete with upper class?
I applauded the new technological regulations but I did and still am panning the points/win situation - it's pathetic.
what exactly do you call pathetic. The most competitive team will obviously win, if they do what they claim they will do. In my view the FOTA proposals are a lot more pathetic. Competitiveness should be established regardless of financial richness and these regulation take a big step towards that goal.
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)
