F1 is dying, officially!
Discussion
itv-f1.com said:Well I'll be!
The major car manufacturers involved in Formula 1 have taken another step forward in their plans to set up a rival grand prix series.
They have signed up a major sports marketing firm to make plans for its introduction by 2008.
GPWC Holdings – the group formed by the major car manufacturers involved in Formula 1 – has hired International Sports and Entertainment AG with a brief to:
“Start building immediately the operational and commercial structure for a new open-wheel motor racing series, to begin no later than 2008".
BMW, Ferrari, Mercedes and Renault are unhappy with the current commercial set-up in F1, which is governed by the Concorde Agreement. That runs out in 2007.
GPWC chairman Jurgen Hubbert commented: "We have been more than patient with the current management and governance of Formula One, but recent developments have underlined the need for a structure that guarantees a stable and prosperous future of the sport."
Q: When was Merc a runner? I thought they were simply an engine manufacturer?
Missed that one.
Some of the engine suppliers these days are so involved in the teams that they are nearly the engine suppliers' F1 department. McLaren are even building road cars for Merc, and note that Williams aren't called Williams-BMW, they're BMW-Williams.
I personally would love to see this series take off, if just to spite the morons in charge of F1. "Right, people think F1's boring and we need to make it more appealing to the audience. So we'll give them all V8 engines, slow it right down, and make it a lot safer. We're saved!"
Did anyone else think Bernie seemed senile when they spoke to him on the grid at Brazil? He was having a completely different conversation to the interviewer.
Just as well F1 didn't go public, shares would be going like nobody's business.
I personally would love to see this series take off, if just to spite the morons in charge of F1. "Right, people think F1's boring and we need to make it more appealing to the audience. So we'll give them all V8 engines, slow it right down, and make it a lot safer. We're saved!"
Did anyone else think Bernie seemed senile when they spoke to him on the grid at Brazil? He was having a completely different conversation to the interviewer. Just as well F1 didn't go public, shares would be going like nobody's business.
BMW, Merc, really drive a lot of the show for their teams. . . .where would they be without the engines? The cost of the engines is so astronomical that it is a considerable portion of costs.
People love to critisize Bernie but he's trying to do something for the smaller teams. He's trying to make it all more budgetable but largely to just make the show better and fatten his wallet.
I'm for the break away series because it sounds like those teams WANT to have more engineering freedom and high costs. After 2007 all matters concerning profit splitting could be renegotiated (if I'm not misstaken) so that is not necessarily their grip, they are upset about having to run V8's instead of V10's or other designs. From ITV-F1 Renault seem to be quite happy with their success this year and plan to continue.
It's too bad more engine makers can't share last seasons engines like Ferrari and Sauber but maybe it's too costly too? I still wonder if Viagra was the downfall of Bernie, Williams and Mclaren.
People love to critisize Bernie but he's trying to do something for the smaller teams. He's trying to make it all more budgetable but largely to just make the show better and fatten his wallet.
I'm for the break away series because it sounds like those teams WANT to have more engineering freedom and high costs. After 2007 all matters concerning profit splitting could be renegotiated (if I'm not misstaken) so that is not necessarily their grip, they are upset about having to run V8's instead of V10's or other designs. From ITV-F1 Renault seem to be quite happy with their success this year and plan to continue.
It's too bad more engine makers can't share last seasons engines like Ferrari and Sauber but maybe it's too costly too? I still wonder if Viagra was the downfall of Bernie, Williams and Mclaren.
Stale, predictable and losing direction, F1 is in need of a fresh start.
Bernie should clear off to one of his houses with his inordinately tall wife and pack it in.
The teams should reorganise themselves into a new championship with a new format, and try new stuff to improved the racing and the competitiveness of the participants.
Oh, and ditch ITV and James Allen, please , for mercy's sake.....
Bernie should clear off to one of his houses with his inordinately tall wife and pack it in.
The teams should reorganise themselves into a new championship with a new format, and try new stuff to improved the racing and the competitiveness of the participants.
Oh, and ditch ITV and James Allen, please , for mercy's sake.....
docevi1 said:
Well I'll be!
Q: When was Merc a runner? I thought they were simply an engine manufacturer?
If you read the article it says the major motor manufacturer that are involvedwith F1, not necessarily the teams.
So, that means the engine suppliers.
So, merc are fully involved.
Gassing Station | General Motorsport | Top of Page | What's New | My Stuff