Seems that Mad Max and Uncle Bernie are not content to just take the heritage of Formula1 away. Looks like they want to take its balls also.
The way the comments are quoted it makes it sound amazingly like the World Wrestling Federation with the Ringmaster and all his "players" there for the entertainment. Nice to know that if they can just work that last little nuance of effort out to insure maximum profits they can just quit calling it a sport and slide it in the entertainment section of the local papers and TV.
F1: Mosley Insists on More Cost-Cutting
Written by: RACER staff Paris, France – 9/25/2007
F1 is "living on subsidies from the car industry and hand-outs from friendly billionaires," Mosley claims.
FIA president Max Mosley has revealed his dissatisfaction with the effects of Formula 1’s latest cost-cutting measures – such as long-lasting engines – and sent out a call to the sport’s team principals to further decrease expenditures.
According to autosport.com, Mosley’s letter made his usual plea for money to no longer be spent in irrelevant technologies that add little to the racing spectacle.
"Formula 1's vast profits are currently being wasted on pointless exercises for the private entertainment of the teams' engineers," the letter said. "As a result, several independent teams are losing money when they should be making a profit, while car manufacturers are forced to spend excessively. This is the problem which needs to be addressed.
"If it did not waste money on pointless, hidden and duplicated technology, Formula 1 would be an immensely profitable business. Each department would be a valuable franchise. Instead it is living on subsidies from the car industry and hand-outs from friendly billionaires.
"The technical contest has become enormously expensive. However, most of its elements are concealed from the public. Because they are concealed, even secret, these elements add nothing to the entertainment. Therefore the money spent on them is wasted, all the more so because work on these elements is duplicated in each of the 12 departments (the teams).
"It makes absolutely no sense to spend large sums on items which do not add to the entertainment, indeed often detract from it. It makes even less sense for each of 12 departments to carry out the same unnecessary work. No rational person would run a business in which 12 departments duplicate each other's research work, still less if that work provides very little of the entertainment which underpins the business.
"Therefore all items on the cars which are not known, visible and understood by the public should be standardized and manufactured at minimal cost. The technical contest should be limited to items which are visible, understood and potentially useful - eg KERS [the Kinetic Energy Recovery System, similar to the hybrid drivetrains in production cars like the Toyota Prius – Ed.]
"This would produce a huge reduction in costs without affecting the entertainment. Indeed the cars would be more equal, giving closer racing and better entertainment."
SPEEDtv.com - The Online Motorsports Authority | Formula 1 | F1: Mosley Insists on More Cost-Cutting | by <a href=http://www.racer.com> RACER </a> staff | The latest Formula One headlines powered by RACER Magazine | Alonso, Schumacher, Räikkönen, Fis