- 19 Oct 08, 15:34#74110
So would you say that if much more of the television money was routed to the teams, then this would help them save money and be more profitable. Or, would this extra money just result in more spending? I'm taking a devil's advocate approach here, but a standardised engine could be an efficient way of routing money to the teams, particularly in times of economic stress, without just encouraging even more profligate spending. If necessary, perhaps the engines and drivetrains could be given to the teams for free. Less spending on engines and drivetrains may just free up more money to be spent elsewhere, but with fewer places to spend it, the competitive advantage of spending more money becomes smaller. And that latter point is imho vitally important. You can never stop teams and manufacturers spending money, unless the money doesn't get them an advantage.
A way of reducing costs for teams would be to make it necessary that at the end of each year, every team has to have full disclosure of all their designs for that year's car. There would still be an advantage to spending £££££££££ on research, but lesser funded teams could be more competitive, perhaps to the point where a great driver can still make a difference. The same could be applied to engines. And in theory technology would progress faster, with every team being able to build on the inventions and discoveries of other teams.
There are many other ways in which Formula One could save a lot of money without having to resort to such stupid measures. Two I don't see tightening their belts are the FIA and Ecclestone.
So would you say that if much more of the television money was routed to the teams, then this would help them save money and be more profitable. Or, would this extra money just result in more spending? I'm taking a devil's advocate approach here, but a standardised engine could be an efficient way of routing money to the teams, particularly in times of economic stress, without just encouraging even more profligate spending. If necessary, perhaps the engines and drivetrains could be given to the teams for free. Less spending on engines and drivetrains may just free up more money to be spent elsewhere, but with fewer places to spend it, the competitive advantage of spending more money becomes smaller. And that latter point is imho vitally important. You can never stop teams and manufacturers spending money, unless the money doesn't get them an advantage.
A way of reducing costs for teams would be to make it necessary that at the end of each year, every team has to have full disclosure of all their designs for that year's car. There would still be an advantage to spending £££££££££ on research, but lesser funded teams could be more competitive, perhaps to the point where a great driver can still make a difference. The same could be applied to engines. And in theory technology would progress faster, with every team being able to build on the inventions and discoveries of other teams.