Cosmo
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Max 'Nazi' Mosley has come out and said and agreement has been made to prevent the teams forming their own series.
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willay
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quote:
F1 resolution found, says Mosley
An agreement has been reached between Formula 1's governing body and the teams to prevent a breakaway series, says FIA president Max Mosley.
The two parties had been engulfed in a bitter row over planned budgetary and technical changes for the new season.
But it appears a resolution has not been found, with Mosley agreeing not to stand for re-election as part of the deal "now there is peace," he said.
More to follow.
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nathy_87
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Registered: 14th Aug 08
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Had a feeling that would happen tbh.
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Marc
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Registered: 11th Aug 02
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So it sounds like there will be some form of compromise on budget cap etc for an agreement to have been made.
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Aaron
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Sports Day
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Cosmo
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Registered: 29th Mar 01
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Its not really a sport.
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Aaron
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quote:
Originally posted by Cosmo
Its not really a sport.
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willay
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yeah fuck off Aaron
Its a shame they didnt split up, I liked the idea of F1 getting truely shafted.
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Cosmo
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Well if it is then AK's posts about his racing, and all the other stuff in GC should also be in there...
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Daimo B
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Said it years ago.
Get rid of max, get rid of Bernie, F1 can re-structure and move on....
Waste of space the pair of them. Pair of idiots.
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Aaron
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Motorsport
Fuck Off Wilma
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Cosmo
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Registered: 29th Mar 01
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Bernie isnt going anywhere seems he basically owns the sport. Getting rid of Max seems a good idea though but really depends who comes in I suppose.
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willay
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should be in GC TBH
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Cosmo
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Motorsport
Fuck Off Aj.
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nathy_87
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Registered: 14th Aug 08
Location: West Mids. Drives: koda Fabia VRS 5J
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I dont like the rear wings (probs been on for sometime but hardly used to watch F1) just don't suit the cars.
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Aaron
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quote:
Originally posted by Cosmo
Motorsport
Fuck Off Aj.
GC then 
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Marc
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Registered: 11th Aug 02
Location: York
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WE all know it should be in Formula 1 Day so STFU.
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Aaron
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Yey 
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inliner04
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Registered: 23rd Mar 09
Location: Orpington, Greater London
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i think the budget cap was a good idea. Would of really opened it up and would mean that a team wouldnt win just because it had the most money. The rich F1 teams just didnt like the idea because it meant that they would not have had such a huge advantage any more
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Cosmo
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quote:
Originally posted by inliner04
i think the budget cap was a good idea. Would of really opened it up and would mean that a team wouldnt win just because it had the most money. The rich F1 teams just didnt like the idea because it meant that they would not have had such a huge advantage any more
Yeah, because Ferrari and McLaren are pulling away from the pack so far....
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willay
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quote:
The two parties had been engulfed in a bitter row over planned budgetary and technical changes for the new season.
But it appears a resolution has now been found and, as part of the deal, Mosley has agreed not to stand for re-election as president.
"There will be no split. We have agreed to a reduction of costs," added Mosley.
"There will be one F1 championship (but) but the objective is to get back to the spending levels of the early '90s within two years."
F1 surpremo Bernie Ecclestone added that he is "very happy commonsense has prevailed", following a meeting of 120 members of the FIA in Paris aimed at resolving the crisis.
Ahead of the meeting, FIA president Max Mosley had insisted that he would not step down as part of the price of any potential agreement and might even seek re-election as head of world motor sport.
He hit out at what he described as "wholly unjustified criticism" of the FIA, adding: "It is for the FIA membership, and the FIA membership alone, to decide on its democratically elected leadership, not the motor industry and still less the individuals the industry employs to run its Formula 1 teams."
However, it appears Mosley has now agreed to step down when his fourth term as FIA president ends in October, while writs that had been threatened against Ferrari and the other teams in the Formula 1 Teams Association (Fota) - McLaren, BMW Sauber, Renault, Toyota, Red Bull Racing, Toro Rosso and Brawn GP - are likely to be shelved.
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Daimo B
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Registered: 20th Mar 00
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quote:
Originally posted by Cosmo
quote:
Originally posted by inliner04
i think the budget cap was a good idea. Would of really opened it up and would mean that a team wouldnt win just because it had the most money. The rich F1 teams just didnt like the idea because it meant that they would not have had such a huge advantage any more
Yeah, because Ferrari and McLaren are pulling away from the pack so far....
Actually the cap is a good idea...
Ferrari spent £160 million last year....
Toyota spent £363 million....
Who done the better????
Budget cap is a good idea, look how many teams want in, but F1 is technology advancement. Look what we have due to F1. Paddle shift, fancy diffs, areodynamics, ABS, traction control, etc etc...
Putting a low cap will slow this down, but as the doors opened to more things you can change, you will get more advancements.
I do agree with WHAT they are trying to do, its just they've gone about it really REALLY badly.
Bernie owns the commercial rights to F1, not the actual sport.
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AndyKent
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Registered: 3rd Sep 05
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The problem is the time frame though. How anyone could be expected to be spending £200million one year and less than a quater of that 2 years later is rediculous.
Not a bad idea (though the amount of money spent doesn't bother me) but such a poor way to implement it!
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mwg
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Registered: 19th Feb 04
Location: South Lakes
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Its the pinnacle of motorsport. I dont think there should be a cap on how much is spent.
They should be allowed to spend what they like in pursuit of the ultimate F1 car. So I hope a budget cap doesn't prevent them doing that.
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AndyKent
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Registered: 3rd Sep 05
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..........except it isn't the ultimate car when the FIA keep getting involved changing the rules......
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