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From F1 Live:
Renault is not yet joining the threats of a 2010 entry boycott, but team boss Flavio Briatore has made clear his opposition to a £40m budget cap.
It is expected that when the May 29th deadline for 2010 team entries closes, only Williams, Brawn and Force India will have submitted paperwork.
It is believed that all the other teams, to meet for another round of FOTA talks as soon as this week, will shortly clarify that they are not willing to accept Max Mosley's regulations as they stand.
Briatore, although a staunch supporter of radical cost-cutting in Formula One, told Germany's Welt am Sonntag newspaper that his objection is to the opening of the door to cut-price outfits.
"Whoever has 20 or 25 million Euros should not be able to operate a Formula One team," said the Italian. "If we make that possible, the brand will be worth nothing.
"It would be like seeing discount stores suddenly established on an exclusive shopping street," said Briatore, the owner of high-end clubs and fashion stores named Billionaire.
He said the situation is serious, because big names including Toyota, BMW and Red Bull have already threatened to quit over the situation.
"Without big, important names - and Ferrari is one of them - Formula One is worth much less," the 59-year-old insisted.
But he suggested that he is not completely opposed to the idea of budget capping.
"I could imagine that FOTA - not in 2010, but starting from 2011 - agrees with the FIA on a minimum sum per year, that is obligatory for all the teams," said Briatore.
"A brutal solution, that is before us at the moment, doesn't have a chance," he insisted.
Source: GMM
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I can't see Mercedes supplying motors for Brawn and Force India in 2010 if they comply with May 29 deadline. The same for Williams running Toyota motors.
Cosworth...could, but not standing with the team manufactures of F1 would be akin to crossing a picket line.
Yes I know he's FOM, but he'll be somewhere involved in all this with Max
Renault remaining silent... does that mean they could leave altogether?
Renault havent exactly remained silent if you take what Briatore has said as a representation of the team!
I am very surprised by Red Bull's threat to pull out of F1, they don't exactly have the biggest budget in F1 despite all the money coming in from their drink sales, you'd think 2010 would be the year to capitalise.
And I think these teams who don't want to sign up with the FIA by the deadline are still trying to keep their options open, speak breakaway series. If for whatever reason Ferrari decides to pull out and start their own open-wheel championship while MM/BE's F1 continues to tick off most teams with moronic rule changes and regulations, then you can bet your sweet little bum that others would rather follow Ferrari and organize themselves as the managers of a new series with a higher degree of democracy among them. Ferrari is a big draw commercially for ANY racing series they choose to participate in, and that commercial clout attracts other teams as well - see Briatore's recent comments about the value of F1...
And I think these teams who don't want to sign up with the FIA by the deadline are still trying to keep their options open, speak breakaway series. If for whatever reason Ferrari decides to pull out and start their own open-wheel championship while MM/BE's F1 continues to tick off most teams with moronic rule changes and regulations, then you can bet your sweet little bum that others would rather follow Ferrari and organize themselves as the managers of a new series with a higher degree of democracy among them. Ferrari is a big draw commercially for ANY racing series they choose to participate in, and that commercial clout attracts other teams as well - see Briatore's recent comments about the value of F1...
I agree.
I reckon Luca is going to organise the teams via FOTA and get this mess sorted out. At the moment it looks like 7 teams are in a position to threaten to pull out Mainly Ferrari, Toyota, Red Bull, Toro Rosso, Renault, BMW and even McLaren. With the backing of the teams Luca use FOTA to say either you change the rules to how we like them or we will take FOTA and setup are own championship.
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