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2013 F1 budget cap possible(0) It is possible formula one teams will be limited to a budget cap in 2013, according to Germany’s Auto Motor und Sport. The budget cap idea saw the sport almost implode amid the bitter political war of 2009, when proposed by controversial former FIA president Max Mosley. But it is back on the agenda in 2012, and according to new rules – where a majority of teams can now push through a change – it could be imposed next season. “Ten of the 12 teams are in favour,” Auto Motor und Sport said, referring to the push to have cost-cutting moved from the FOTA gentleman’s agreement to the actual sporting regulations. It means that the two dissenting teams, the Red Bull-owned Red Bull Racing and Toro Rosso, will have no say. “The cost to be competitive in formula one at present is too high,” the boss of the energy drink company’s premier team, Christian Horner, said recently. “I don’t think anybody will dispute that. “The debate is how we achieve it.” Not only that, the German report said nine teams are in favour of Mosley’s old budget cap idea, with annual expenditure limited initially to EUR 170 million and then diminishing to 100 million over a few seasons. |
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Lack of development budget ‘a shame’Comments Off Sauber is in a race for money after discovering its 2012 car is up to speed with F1′s richest teams. As ever in formula one, world championships are won not on the basis of a clever initial design, but on a team’s ability to continue to develop it throughout a long season. According to O Estado de S.Paulo newspaper, the formerly BMW-owned Sauber team’s chief executive Monisha Kaltenborn admits that the Hinwil based outfit cannot compete on that front with the likes of McLaren, Ferrari, Mercedes and Red Bull. “It’s a shame,” she is quoted as saying. “I hope we can show enough potential so that some companies decide to invest in our project,” said Kaltenborn, with the Brazilian newspaper estimating that Sauber’s budget is EUR 80 million this year. In contrast, the top four teams’ budgets are believed to be all above EUR 220m. Kaltenborn told F1′s official website recently that Sauber would back a push to impose a budget cap — an issue that triggered the big teams’ bitter political war with former FIA president Max Mosley a few years ago. “We … have also openly said that we are not satisfied with our sponsor situation because we have high targets and to achieve them you need appropriate funding,” she continued. “We still need to work on that side of things, as of course the more funding you have the more you can develop — and it shows on the track. “I have said before that when we look back we practically never had enough money to do what we really wanted to. The question is always how big the gap is — sometimes it is bigger, sometimes it is smaller.” |
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Teams agree operational budget cap for 2011 and beyondComments Off
Formula one teams have agreed a budget cap for operational spending in 2011 and beyond, according to an Italian media report.Earlier this week, we reported that team bosses discussed the so-called Resource Restriction Agreement in Singapore last weekend. There are signs that, despite the cost-cutting pact negotiated at the end of the 2009 political war, some teams – notably the new and independent ones – are still struggling financially. Italy’s Autosprint reports that a new operational budget limit was therefore agreed within the FOTA group, with engine and transmission costs not included. The report said teams may no longer spend any more than EUR 20 million each on operational elements, while team staff numbers have been capped at 415. |
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Briatore set for FOM role alongside Ecclestone – reportComments Off Flavio Briatore’s visit to the Monaco paddock earlier this month was reportedly part of a plan for the Italian to return to formula one. Due to the crashgate scandal, the ousted former Renault boss is currently banned from holding a direct operational role in F1 until 2013, and he has ruled out returning as a team boss. But Finland’s Turun Sanomat reports that Briatore, 60, held “subtle negotiations” with F1 chief executive Bernie Ecclestone in Monaco. The article said 79-year-old Ecclestone is not planning to retire, but does intend to delegate some of his responsibilities and “sees Briatore as a natural successor”. Turun Sanomat cites British sources as saying Briatore will shortly be responsible for the acquisition of new sponsors with the Ecclestone-led Formula One Management. The sources said Briton Ecclestone enjoys the negotiations with grand prix hosts, promoters and governments and does not intend to delegate those tasks. Ecclestone said last month that his personal friend and business partner Briatore could soon “take up a role in the promotion of formula one”. And at the height of the FOTA/FIA political war last year, when the teams were threatening to set up a rival series, departing president Max Mosley said Briatore “sees himself as the Bernie”. |
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FIA presidency was ‘beyond’ Vatanen – MosleyComments Off Apr.23 (GMM) Max Mosley was relieved at the outcome of last year’s FIA presidency elections, because he thinks the job was “completely beyond” Ari Vatanen. After his long reign, Mosley’s preferred successor Jean Todt was voted in, in the wake of a bitter campaign against the former world rally champion Vatanen. Asked by a reader how he would have felt had Vatanen won office, Mosley told the latest edition of the British magazine F1 Racing: “I’d have been very worried, because I think Jean, with all his ability, is finding it quite a struggle. “It’s so much more complex than when I took over (in 1993), and I think it would’ve been completely beyond Ari.” In the same feature, 70-year-old Mosley also renewed his attack on Ferrari and its president Luca di Montezemolo, who were at the centre of last year’s political war over control of the sport. The Briton described Montezemolo as a “very weak character” who is “easily led”, and said Ferrari objected to his budget cap proposal because the team would “fail” if forced to spend the same money as its rivals. “If the fans really understood the issues, I don’t think they would be against me, because everything I’ve ever done has always been done with a view to keeping formula one going and stopping it collapsing,” said Mosley. |
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Haug applauds F1′s peace in new Todt eraComments Off
Apr.20 (GMM) Norbert Haug on Tuesday is quoted as applauding the better environment in formula one this year. After his long reign and the bitter political war of 2009, Max Mosley has been replaced as FIA president by Jean Todt. There had been concerns about the Frenchman’s appointment due to his links with Ferrari and his often belligerent attitude in running the Italian team. And it was believed that former candidate Ari Vatanen was supported by many of the teams because of his vocal opposition to Mosley, while Todt was viewed as the continuation of the Briton’s unpopular regime. But Mercedes’ Haug told the German news agency DPA: “There is a constructive atmosphere now. I hope the cooperation goes on.” For now, the scandals of the past years have quietened, but Haug is not expecting a perpetual peace. “There will be more hard fighting in the future,” he predicted. |
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