FOTA call for ‘urgent’ talks with the FIA - Mercedes-Benz Forum

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post #1 of 2 (permalink) Old 05-06-2009, 11:02 PM Thread Starter
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FOTA call for ‘urgent’ talks with the FIA

FOTA call for ‘urgent’ talks with the FIA
Teams seeking influence in the direction of Formula One
06/05/09 21:27

A war forming between FOTA, FIA and FOM
Following the announcement last week from the FIA in which the sport's governing body cemented an optional £40 million (US$ 60m) budget cap for the 2010 season, the Formula One Teams' Association met today at Heathrow to discuss the issue. Many FOTA members are against the rule in fear of a 'two-tier' series.

The changes to the regulations adopted by the FIA's World Motor Sport Council ahead of the 2010 championship have caused some controversy, as the conditions surrounding the budget cap will grant much leeway to the teams taking the option.

Teams preferring to avoid budget caps will be held under several restrictions, thereby creating a so-called 'two-tier' F1 series with the existence of two sets of rules operating simultaneously.

Ferrari and BMW Sauber have already been vocal in their fears for the future of the championship as the FIA push on with massive cost cuts that will undoubtedly slash the size of the existing Formula One teams, but – perhaps - at the same time could encourage new entrants such as Lola, iSport and Prodrive into the sport.

"The FOTA Executive Committee met today [at] Heathrow to examine the new regulations proposed by the FIA for the 2010 F1 Championship and to evaluate the progress of the negotiations with the Commercial Rights Holder for the renewal of the Concorde Agreement," a statement began.

The Concorde Agreement is a legal binding between the FIA, the governing body of the series, as well as Formula One Administration/Management, the commercial rights holders. The last such deal has already expired with rumours that some teams have committed long term, while others suggest it is just a memorandum of understanding and therefore subject to change.

However, as expected, the budget cap plan accepted by the WMSC does not concur with FOTA's proposal to reduce the teams' annual budgets over the next three years instead of a drastic immediate cut coming into effect next year.

"FOTA held a positive and constructive meeting and agreed to continue working together in a methodical manner for the definition of further cost reduction in 2010 and 2011, progressing along the path begun in 2008," indicates the press release.

It is this issue which the teams take exceptions to.

Much has been written about the teams possibly breaking away and forming their own series – an increasingly viable option which seems to be slowly gathering public support.

There are of course many advantages for them taking this route, notably the fact that half of the revenue generated by such a series would not disappear into the pockets of FOM/FOA.

It is arguably this issue that drives FOTA to look ahead rather than the rule changes being imposed by the FIA – with seemingly no FOTA influence - as cost cutting means massive job cuts for many and also the leverage for FOM CEO Bernie Ecclestone to slash the television revenue the teams receive in response to such cost caps.

Nothing is simple in Formula One, but as a golden rule, look at the money flow...

Among other controversial points, the WMSC agreed to adopt the 'winner-takes-all' system to name future World Champions, which is not an option supported by the teams - nor the general public it seems.

"FOTA has concerns with the decisions taken at the last WMSC meeting regarding the 2010 regulations and therefore asks to begin urgent consultations with the FIA," the statement concludes.

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post #2 of 2 (permalink) Old 05-06-2009, 11:11 PM Thread Starter
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The by the FIA ignored, and earlier by FOTA suggested future points system made sense to me:


# Testing reduction (50%)
# New points-scoring system (12-9-7-5-4-3-2-1), to give greater differentiation/reward to Grand Prix winners
# Race starting fuel loads, tyre specifications and refuelling data to be made public
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