FORUMula1.com - F1 Forum

[Frosty]

Get 3 new teams. Have our first full grid in over a decade.

In theory

To be honest I think it's to soon for new low budget teams to enter the sport I feel like they should do it in a staged manner such as a very high budget cap for next year of something like £200 million so the big teams would have to slash their budgets but the smaller ones would be okay then £120 Million following then finally a budget cap of £80 million. The idea that a team with £30 million budget can compete against the likes of any of the teams is ridiculous even Force India would blow them away! The route that Max Mosley is taking the sport is just Folly!

[EwanM]

Does this mean a return of these "legends"?

[Gaz]

Does this mean a return of these "legends"?

what mastercard?

[scotty]

Does this mean a return of these "legends"?

Ricardo Rosset - legend of the gravel trap!

[7UpJordan]

Does this mean a return of these "legends"?

Ricardo Rosset - legend of the gravel trap!

And the gaps between the barriers at Monaco.

Wanna know a good anagram of Rosset? As the mechanics who worked for Tyrrell at that time.

[EwanM]

Does this mean a return of these "legends"?

Ricardo Rosset - legend of the gravel trap!

and the 107% Rule

[scotty]

and the 107% Rule

It's no good if we just have 6 cars extra going around 4 seconds off the pace!

I think it would be quite fun I remember being really sad when they introduced the 107% rule.

Was gonna say - does that still exist??

[EwanM]

and the 107% Rule

It's no good if we just have 6 cars extra going around 4 seconds off the pace!

I think it would be quite fun I remember being really sad when they introduced the 107% rule.

Was gonna say - does that still exist??

Na scrapped.

[scotty]

Rather than starting another thread...

FIA consults teams on budget cap

By Dieter Rencken and Edd Straw Wednesday, April 22nd 2009, 21:14 GMT

FIAThe FIA has asked Formula 1 team principals for their input on whether the £30 million per season budget cap figure announced at last month's World Council meeting should be revised, AUTOSPORT can reveal.

In a letter sent to the team principals and seen by AUTOSPORT, FIA president Max Mosley requests the teams to submit what they consider to be the minimum acceptable figure for the budget cap by tomorrow (Thursday).

Against the backdrop of a looming global recession, Mosley has already gone on record as saying that he would be keen to see the budget cap figure set even lower.

"I actually think it could be done for £25 million but that's just my opinion," said Mosley after the budget cap plan was first announced in March. "All my advisers think it should be more."

Mosley's letter offers the teams a final chance to make a case for adjusting the budget cap prior to the anticipated ratification of the technical and financial regulations at the next FIA World Council meeting on April 29. The budget cap is optional, although teams who opt not to adopt it will work to more restrictive technical rules.

Although some existing teams consider the budget cap figure to be too low, those who are evaluating a move into F1 believe that a competitive operation can be run for £30 million a year.

The FIA has also decided that race and test driver salaries should no longer be included in the budget cap figure, a change from the plan announced last month. Expenditure on marketing, hospitality and motorhomes is also excluded.

All other team activities will fall under the budget cap, with services and capital assets valued at the market rate. This will include engine and gearbox supply fees, technical support, windtunnel usage and any outsourced activities.

Mosley adds that the FIA plans to limit expenditure in the medium and long term with such spending restrictions, rather than relying on tight technical regulations.

The move towards budget caps is also likely to be attractive to some of the larger manufacturers who are working to slash costs. Mercedes-Benz CEO Dieter Zetsche told Bloomberg today that costs must be reduced in F1.

"People tend to see Formula 1 as a luxury to entertain management on weekends," said Zetsche. "Costs in F1 will come down significantly because everyone needs it."

The letter also reveals that the FIA intends to grant three new teams a place on the 2010 grid. Both Lola, which today announced that it is evaluating an F1 entry, and USF1 are among the teams who are likely to be in contention for the available slots.

AUTOSPORT also understands that Cosworth has been in discussion with as many as eight teams that are evaluating a move into budget-capped F1.

This raises that possibility that F1 could return to a 26-car grid for the first time since 1995 despite numbers being limited to 24 in recent years.

Some interesting points raised, most notably that Cosworth are talking to EIGHT teams! I wonder which they could be, i can't think of 8 likely candidates. It also adds further weight to the claim of 26 cars on the grid in 2010...

[Jabberwocky]

8 teams
Ferrari - No
Mclaren - Maybe
Brawn - Maybe
BMW - No
Force India - No, but is the partnership with McLaren or Merc?
Redbull - maybe, would be easier to design 2 cars and only need one engine install
Torro Rosso - as redbull
Renault - yes
Wiliams - maybe
Toyota - No

1 yes
5 maybes
4 No's

so if all yes and maybes do then that is 6 teams, and 3 more are joining!!!

[Jensonb]

Some interesting points raised, most notably that Cosworth are talking to EIGHT teams! I wonder which they could be, i can't think of 8 likely candidates. It also adds further weight to the claim of 26 cars on the grid in 2010...

USF1, Brawn GP and Williams have to be among them. But without knowing how many of those are existing teams and how many are top-secret proposed teams, it's hard to say.

[FerrariFan63]

The major problem I have with current cost cutting proposals is A the bigger teams could never go from £300Million budgets one year to £30 million budgets the next and B the idea of a two tier F1 is just stupid in my opinion! can you really expect a team like McLaren to go from 1100 personnel one year to getting rid of 850 of them. Then you have the driver contracts to consider Lewis's contract is £15 million a year Kimi is paid over £20 million a year. A big F1 team can do hardly anything with £30 million! The FIA need to up the budget cap and make driver salaries separate!

Perhaps the budget cap will force down unrealistically high driver salaries. There is no real reason to pay a driver £15 or £20 million. I'm sure the same drivers would still race even if they were getting £100,000 or so. (Though, we might see one or two quit if the salaries go down, but the situation should stabilise).

[Jensonb]

The major problem I have with current cost cutting proposals is A the bigger teams could never go from £300Million budgets one year to £30 million budgets the next and B the idea of a two tier F1 is just stupid in my opinion! can you really expect a team like McLaren to go from 1100 personnel one year to getting rid of 850 of them. Then you have the driver contracts to consider Lewis's contract is £15 million a year Kimi is paid over £20 million a year. A big F1 team can do hardly anything with £30 million! The FIA need to up the budget cap and make driver salaries separate!

Perhaps the budget cap will force down unrealistically high driver salaries. There is no real reason to pay a driver £15 or £20 million. I'm sure the same drivers would still race even if they were getting £100,000 or so. (Though, we might see one or two quit if the salaries go down, but the situation should stabilise).

The FiA are now planning to exempt Driver salaries from the Cap.

[EwanM]

Some interesting points raised, most notably that Cosworth are talking to EIGHT teams! I wonder which they could be, i can't think of 8 likely candidates. It also adds further weight to the claim of 26 cars on the grid in 2010...

Well here are the rumoured teams:

Brawn, Williams, USGPE, Lola, Prodrive (possibly), ART, Super Nova, DAMS, isport, Racing Enginerring, Barwa Addax (Formerly Campos)

[Gaz]

Some interesting points raised, most notably that Cosworth are talking to EIGHT teams! I wonder which they could be, i can't think of 8 likely candidates. It also adds further weight to the claim of 26 cars on the grid in 2010...

Well here are the rumoured teams:

Brawn, Williams, USGPE, Lola, Prodrive (possibly), ART, Super Nova, DAMS, isport, Racing Enginerring, Barwa Addax (Formerly Campos)

So were PROBERLY going to have a full grid next year or by 2011 at least.
YEAH

F1 is back!