McLaren fined 100million for spying!!!
Discussion
Just read the news tonight that McLaren have been fined 100,000,000 by the FIA for spying.
Sounds a little bit steep to me considering the fact that if McLaren may well pull out of F1 racing the consequences may be more grave for the future of F1 racing.
Are the FIA getting too big for their boots?
Sounds a little bit steep to me considering the fact that if McLaren may well pull out of F1 racing the consequences may be more grave for the future of F1 racing.
Are the FIA getting too big for their boots?
dont think there is any chance that the macs will pull out of F1 at all, but if they did, why would it be grave?
big name teams have come and gone in the past and they will again.
the sponsors would find a new team, key employees would find a new team and the whole thing would be buis as usual imho
big name teams have come and gone in the past and they will again.
the sponsors would find a new team, key employees would find a new team and the whole thing would be buis as usual imho
in fact I was wondering what all the fuss is about,
ok we dont know all the facts yet
but why are some people so angry at ferrari?
personaly i have no particulr favourite team ( since jordan quit) so no bias here either way, I just want to know why its a problem that a big fine has bee levied against a very rich company?
if the macs have cheated or anyone else, they should be punished
a £50 fine would have little effect and act as no deterant.
I know that people always look at other teams stuff, but i can't remember anyone being caught red handed before.
Mclaren appear to have been caught so its time to pay the price.
how would anyone feel to hear that the guy who just robbed their house was given a puney fine or let off scott free, in court?
not thrilled I would wager
ok we dont know all the facts yet
but why are some people so angry at ferrari?
personaly i have no particulr favourite team ( since jordan quit) so no bias here either way, I just want to know why its a problem that a big fine has bee levied against a very rich company?
if the macs have cheated or anyone else, they should be punished
a £50 fine would have little effect and act as no deterant.
I know that people always look at other teams stuff, but i can't remember anyone being caught red handed before.
Mclaren appear to have been caught so its time to pay the price.
how would anyone feel to hear that the guy who just robbed their house was given a puney fine or let off scott free, in court?
not thrilled I would wager
Mclaren don't seem to think it will affect them as much as you'd expect;
excerpt from press conference;
Q: How damaging financially is the punishment to McLaren?
Dennis: "Firstly, effectively, we will still have as an offset the revenue from the points earned to date. That will effectively half the size of the cheque we have to sign, if we ultimately accept this fine.
"But as you can see if you read our accounts, we turn over roughly $450-500 million USD a year, and we are debt-free, so obviously we are a very strong company with phenomenal growth.
"I jokingly asked [Mercedes motorsport director] Norbert [Haug] if he was going to chip in half, but we haven't really come to a conclusion on that negotiation."
Q: And does today's verdict make you consider your own future?
Dennis: "My personal future was never in question as far as I was concerned. I'm very committed to this company, I'm very passionate about motor racing, and I have absolutely no intention of retiring.
"I've made a firm commitment to Martin (Whitmarsh) to succeed me as CEO, and that decision - whenever it's taken - will not have any bearing on today's affair or any other issues this year."
Q: How is this going to affect the future of your drivers?
Dennis: "We have multi-year contracts with both of our drivers, and there has been no discussion about varying them.
"We have two of the best drivers in the world, and our commitment to winning races is undiminished. That's what we exist to do - to win races.
"And if there is any variation to those contracts, it will be by mutual agreements."
excerpt from press conference;
Q: How damaging financially is the punishment to McLaren?
Dennis: "Firstly, effectively, we will still have as an offset the revenue from the points earned to date. That will effectively half the size of the cheque we have to sign, if we ultimately accept this fine.
"But as you can see if you read our accounts, we turn over roughly $450-500 million USD a year, and we are debt-free, so obviously we are a very strong company with phenomenal growth.
"I jokingly asked [Mercedes motorsport director] Norbert [Haug] if he was going to chip in half, but we haven't really come to a conclusion on that negotiation."
Q: And does today's verdict make you consider your own future?
Dennis: "My personal future was never in question as far as I was concerned. I'm very committed to this company, I'm very passionate about motor racing, and I have absolutely no intention of retiring.
"I've made a firm commitment to Martin (Whitmarsh) to succeed me as CEO, and that decision - whenever it's taken - will not have any bearing on today's affair or any other issues this year."
Q: How is this going to affect the future of your drivers?
Dennis: "We have multi-year contracts with both of our drivers, and there has been no discussion about varying them.
"We have two of the best drivers in the world, and our commitment to winning races is undiminished. That's what we exist to do - to win races.
"And if there is any variation to those contracts, it will be by mutual agreements."
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