End of Mosley?

Mosley with long hairMr Mosley and Mr Ecclestone’s authority has collapsed, I beleive, after last day’s outcomes. Threatened by the breakaway threat by FOTA member teams and their efforts to put a more credible series where governance is transparent and everyone has respect for each other.

Max Mosley ways of mudslinging, branding team bosses “loonies”, being deaf to the teams who invest millions in the sport was a step too far after all the defamation he bought to the sport after last year’s sex-scandal.

We saw in last few months multiple rule changes when the sport all needed stability in such hard economic times. Introduction of KERS is an expensive flop. After 7 rounds of championship only Ferrari are using it!

Yesterday, Mosley agreed to step down immediately, his decision to impose a £40m spending cap on teams participating in the championship was scrapped and the teams won a formal role in the governance of the sport. Its an awesome news for everyone involved with the sport.

“To us, three things were most important; that F1 stay F1 and not become F3, that there is no dictator, but that there was a choice of rules, agreed and not imposed; and that whoever had a team was consulted and had a voice. Mosley has announced that in October he will stand down, with an irrevocale decision, and that from now on he won’t get involved in F1.” said Montezemolo yesterday clearly berating Mosley’s way of working

Its an end of a madman. This is a good time for Formula 1. This is a victory for fans. Nobody will shed a tear for Mosley and i guess nobody!

Tatty bye to Mosley.

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Where you stand?

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Thanks to the photographer

FOTA issues statement to start new series

Shocking news to start of the day. FOTA teams fed up of Max Mosley / FIA are planning to start preparations of news series.

The statement is

“Since the formation of FOTA last September the teams have worked together and sought to engage the FIA and commercial rights holder, to develop and improve the sport.”

“Unprecedented worldwide financial turmoil has inevitably placed great challenges before the F1 community. FOTA is proud that it has achieved the most substantial measures to reduce costs in the history of our sport.”

“In particular the manufacturer teams have provided assistance to the independent teams, a number of which would probably not be in the sport today without the FOTA initiatives. The FOTA teams have further agreed upon a substantial voluntary cost reduction that provides a sustainable model for the future.”

“Following these efforts all the teams have confirmed to the FIA and the commercial rights holder that they are willing to commit until the end of 2012.”

“The FIA and the commercial rights holder have campaigned to divide FOTA. The wishes of the majority of the teams are ignored. Furthermore, tens of millions of dollars have been withheld from many teams by the commercial rights holder, going back as far as 2006. Despite this and the uncompromising environment, FOTA has genuinely sought compromise.”

“It has become clear however, that the teams cannot continue to compromise on the fundamental values of the sport and have declined to alter their original conditional entries to the 2010 World Championship.”

“These teams therefore have no alternative other than to commence the preparation for a new Championship which reflects the values of its participants and partners. This series will have transparent governance, one set of regulations, encourage more entrants and listen to the wishes of the fans, including offering lower prices for spectators worldwide, partners and other important stakeholders.”

“The major drivers, stars, brands, sponsors, promoters and companies historically associated with the highest level of motorsport will all feature in this new series.”

Can’t stand the constant bickering in F1?

These days are turn-off. One day we see a statement from FOTA, other day we see another venom spit by Max Mosley PeaceNotWar3-whiteand so it continues.  A beautiful sport is dragged to mud fight because of a man’s ego with almost every F1 fan i recently talked to supports FOTA in the current crisis!

What is FOTA asking? Is it too difficult to be granted? No, I think the answer is no. It is because of these teams that we watch F1. Ferrari are the one I support but i like great rivals like Mclaren, Renault and now Brawn GP along with passionate teams of Dietrich Mateschitz. I like teams illustrious history. But will these teams will be there next year in F1, I do not know.

These days are turn-off. Whenever i open Autosport.com or grandprix.com there is a new news from teams, FOTA members, Max Mosley……… which wants me to close the  window without reading full news but i still read it.

We, the fans, want this war to be over for the good of the sport. We, the fans, want Max Mosley to be thrown out of FIA asap. We, the fans, want good governance from FIA. The list goes on which is being said on every fan forum, every other site.

Still looking forward to British GP on Sunday 🙂

FOTA teams submit entry

So, is everything again back to normal at F1? Looks like it. The FOTA teams today have all submitted F1 entries for 2010. The FOTA said, however, that their entries were conditional on a new Concorde Agreement being signed by all parties before 12th June.

The threat of Ferrari, Toyota, Red Bull and Renault appears to be over.

The statement reads:

“FOTA confirms all its members’ long-term commitment to be involved in the FIA Formula One World Championship and has unanimously agreed further and significant actions to substantially reduce the costs of competing in the championship in the next three years, creating a mechanism that will preserve the technological competition and the sporting challenge and, at the same time, facilitate the entry in the F1 Championship for new teams.

“These measures are in line with what has already been decided in 2009 within FOTA, achieving important saving on engines and gearboxes.

“All FOTA teams have entered the 2010 championship on the basis that:

“1) The Concorde Agreement is signed by all parties before 12th June 2009, after which all FOTA teams will commit to competing in Formula One until 2012.

“The renewal of the Concorde Agreement will provide security for the future of the sport by binding all parties in a formal relationship that will ensure stability via sound governance.

“2) The basis of the 2010 regulations will be the current 2009 regulations, amended in accordance with proposals that FOTA has submitted to the FIA.

“All FOTA teams’ entries for the 2010 FIA Formula One world championship have been submitted today on the understanding that (a) all FOTA teams will be permitted to compete during the 2010 Formula One season on an identical regulatory basis and (b) that they may only be accepted as a whole.

“All FOTA teams now look forward with optimism to collaborating proactively and productively with the FIA, with a view to establishing a solid foundation on which the future of a healthy and successful Formula One can be built, providing lasting stability and sound governance.”

Meanwhile, Prodrive and Lola have also submitted for 2010 entry.

All in all, it seems that Max Mosley has finally backed down on his weird vision! Can he now let the racing continue in peace?

Week round-up

This was a busy week for me and i even missed Catalunya GP. Congratulations to Jenson Button for the victory but my heart goes out to Rubens Barrichello and Sebastian Vettel.

Apart from the race there is a huge power tussle within F1 with manufacturers are up in arms against FIA. After the budget crap proposed by FIA for 2010 the manufacturers are united more than ever.  As foolish as Max Mosley is, he also went on to say that F1 can survive without Ferrari. Ferrari, the most decorated team of F1, even released an article on their site that they made F1 great along with threat to withdraw from championship next year. The threat was reaffirmed by the Piero Ferrari,the son of great Enzo Ferrari. Red Bull, Renault and Toyota soon came out and themselves threatened that the current state of F1 may force them to turn their heads elsewhere.

The analysts are out to see all the possible outcomes. But for me one thing is clear, if Ferrari leave F1 i will watch them wherever they go.

Above all, i am very frustated by F1 politics, may be not as much as Lewis Hamilton.

News update

FIA’s slap in the face for troubled Ferrari

Mosley even quotes an interview given by di Montezemolo’s own colleague, Fiat chief executive Sergio Marchionne, six months ago in which he said: “It may be painful. It may be ugly. But if we want to do the right thing for this industry let’s do it now… Maybe I am completely wrong, but today my gut instinct is to be truly Draconian.”

With McLaren already humbled, and with a three-race suspended sentence hanging over them as a result of their lying to race stewards this season, the FIA have taken on Ferrari as they attempt to reclaim control of the teams.

Letter from Montezemolo to Mosley

Montezemolo’s point is that under the Concorde Agreement the FIA “cannot pass or amend any regulation without it being approved by the F1 commission.”

When Ferrari did its secret deal and signed up to 2012, it demanded and was granted “all rights under the previous Concorde Agreement will continue to apply until 31 December 2010, exactly as if the Agreement itself remained in place.”

Understanding the power plays in Formula 1

Bernie Ecclestone has said that he will cut the payments being made to the Formula 1 teams, in order to help the Grand Prix circuits survive.

At the moment there are three players in the F1 political game: the Formula One group, the F1 teams and the FIA. The alliance between Formula One and the FIA means that the teams have traditionally been in a weak position and it has not helped that they have often been divided. There is a fourth group that should have a voice, but the race promoters have always been hopelessly divided and have followed Ecclestone slavishly for fear of losing their events. In most sports it is the owner of the venue who has ultimate control over the broadcasting activities. They may license people to do that on his behalf. Thus to avoid troubles Bernie Ecclestone might start to buy poverty-stricken venues. However, if the promoters had a strong leader and could club together to establish their own organisation, they would become a political force in the sport. It would be a political challenge to get so many competing bodies to work together but the teams have achieved that (for the moment) and the promoters could as well. If they were then to ally with the F1 teams the power of Ecclestone and the FIA would be seriously undermined. Ecclestone seems to be confident that this will not happen and that the teams will not walk away and start their own championship. This belief is presumably based on the fact that starting a new series in a complex business and would be too much hassle and too much cost for those involved, most of whom have more important things to worry about, either running a team or trying to sell cars in a credit-less world.

The FIA would have difficulty putting together a credible Formula 1 World Championship without the likes of Ferrari and McLaren, particularly if the traditional circuits of Monaco, Spa, Silverstone and so on also decided to jump ship. The drivers would follow the money, as they always do. The media, the fans and the sponsors would go to whichever series had the most credibility – or they would walk away. The credibility would be based on the entry and the circuits involved. It would be a similar situation that that which British soccer went through in 1991 when the top teams broke away from the Football League to establish their own Premier League, which the Football Association then supported.

The FIA would have difficulty putting together a credible Formula 1 World Championship without the likes of Ferrari and McLaren, particularly if the traditional circuits of Monaco, Spa, Silverstone and so on also decided to jump ship. The drivers would follow the money, as they always do. The media, the fans and the sponsors would go to whichever series had the most credibility – or they would walk away. The credibility would be based on the entry and the circuits involved. It would be a similar situation that that which British soccer went through in 1991 when the top teams broke away from the Football League to establish their own Premier League, which the Football Association then supported.

FIA aims to get all teams to cap budgets using one-sided regulations

The publication of the new rules today strongly suggests Mosley intends to make the alternative to the budget cap too unappealing for anyone to consider

FIA confirms £40 million budget cap for F1

“From 2010, all teams will have the option to compete with cars built and operated within a stringent cost cap.
The cost cap for 2010 will be £40m per annum*. This figure will cover all team expenditure except:

– Marketing and hospitality;
– Remuneration for test or race drivers, including any young driver programmes;
– Fines or penalties imposed by the FIA;
– Engine costs (for 2010 only);
– Any expenditure which the team can demonstrate has no influence on its performance in the Championship
– Dividends (including any tax thereon) paid from profits relating to participation in the Championship.”

McLaren given suspended race ban

The penalty will only be enforced upon Lewis Hamilton’s team if “further facts emerge” about this incident or if there is a “further breach” of the rules.

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