Hot on the heels of the new technical controversies, the 2012 season has also kicked off in the sport’s high-intrigue world of politics.
A fascinating blog post by Sky News’ City editor Mark Kleinman has been pulled from the internet just hours after it went live.

It was about “F1 finance and control allegedly involving Ferrari, Red Bull and (the sport’s owner) CVC”, according to veteran journalist and broadcaster Maurice Hamilton on Twitter.

“Has someone spoken out of turn?” wondered the Times’ Kevin Eason.

The Telegraph’s Tom Cary said the rumour is that a $10 billion stock market floatation for F1 could be in the works “with Ferrari (and) Red Bull getting special deals”.

“There is no smoke without fire with this one,” added Eason. “No wonder Ferrari and Red Bull ditched FOTA.”

The document that currently governs F1 and its finances, the Concorde Agreement, runs out this year, and now F1′s most famous team – Ferrari – and the reigning world champions are outside the trade union FOTA.

“Coincidence? Highly unlikely,” said Cary.

F1 chief executive Bernie Ecclestone insists no deals have been done yet.

“I’d like to try to do something before the season starts,” he said this week. “I don’t want it dragging on.”

As for his take on FOTA, “Ferrari would never go do a deal with those clowns,” the 81-year-old scowled.

F1′s governing body is not expected to take action against Fernando Alonso or Ferrari.

The Italian team’s response to the outcome of the Valencia race has been incandescent, including Fernando Alonso saying Lewis Hamilton’s meagre treatment by the stewards amounted to “manipulation”.

Ferrari vice-president Piero Ferrari said the mere drive-through penalty for McLaren driver Hamilton’s overtaking of the safety car made the European GP a “false race”.

And reports on the team’s official website have quoted fans as saying Hamilton is a liar and a cheat, McLaren “thieves”, and the FIA a “Federation of clowns”.

British newspaper The Mirror correspondent Byron Young wrote on Twitter that in “Max Mosley’s day”, sanctions would now be likely, adding: “Are the FIA going to act or will Jean Todt dodge the first big F1 test of his presidency?”

According to sources on Monday, the FIA is not considering action.

Ferrari’s rage against the outcome of the European grand prix went from bad to worse on Monday.

With Fernando Alonso having accused the stewards of manipulating the Valencia race, the Italian team echoed the apparent view of some fans that Lewis Hamilton’s drive-through penalty for overtaking the safety car was a “scandal”.

But in another website report on Monday, Ferrari stepped up its attack, repeating the view of one fan that had hit out at “McLaren thieves” who were “up to their usual dirty tricks”.

Another fan said: “The FIA at Valencia showed it’s not entirely in charge of the events that it’s organising”, and yet another added: “Is this the latest version of Jean Todt?  Those who order and manipulate are always the same.”

Ferrari quoted another fan as saying: “Federation of clowns!  What help is a five-second penalty?  Useless and the usual English mafia!”

And another: “Enough with the help for Hamilton.  How can he lie and cheat and still get away scot-free?”

Mirror correspondent Byron Young wrote on Twitter that in “Max Mosley’s day”, there would be “sanctions” for accusing the FIA of fixing races.

When the rage intensified on Monday, he added: “Are the FIA going to act or will Jean Todt dodge the first big F1 test of his presidency?”

(GMM)