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[operaman]

I'm sure y'all know about this already, but WTF. Maybe someone can explain it to me.

http://www.gpupdate.net/en/f1-news/304235/ferrari-has-veto-over-ecclestone-successor/

[CookinFlat6]

You did know that Ferrari has a veto on certain aspects of the way F1 is run? And a special percentage off the top of all revenue? above and beyond the payments for placement in the WCC AND the payment for competing regularly?

You must know that the newly elected (unopposed) head of the FIA is the ex Ferrari TP

Maybe this latest revelation is more like a poison pill placed by Bernie to help him cling onto power in the the unlikely event he is relegated to a cell or retires, or is retired by whoever CVC sells to.

OH well maybe Montezemolo will replace Bernie surely Ferrari will have to win then

[spankyham]

Luca just showing what he can achieve in negotiating deals like this for Ferrari. He needs to get more involved and get more deals like this for the Scuderia.

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[operaman]

This is bull plain and simple. No team should be afforded veto power in this regard, or all teams should be extended the same privilege. It's bush league of F1 to work this way..

[sagi58]

Let's read the "fine print":

 wrote:">Ferrari has veto over Ecclestone successorIt reads: "We must obtain the written consent of Ferrari prior to the appointment of any person as our chief executive officer if, within the past five years, he or she has held a senior executive office or an ownership interest of five percent or more in any Team or automobile manufacturer which either owns more than a five percent interest in a Team or is a supplier of engines to a Team."

That doesn't mean Ferrari has "full" veto over who precedes Ecclestone!
It means that the "can" veto someone who is "currently" involved in the
running of an F1 team.

Which suggests, to me, that Ecclestone was trying to rub Red Bull's winning
ways in Ferrari's face by suggesting that Horner would be an ideal candidate!!

[CookinFlat6]

Luca just showing what he can achieve in negotiating deals like this for Ferrari. He needs to get more involved and get more deals like this for the Scuderia.

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Yup heres nothing like the old brown envelopes and the bunga bunga parties when it comes to negotiating deals

Let's read the "fine print":

That doesn't mean Ferrari has "full" veto over who precedes Ecclestone!

Nope, it just means ONLY Ferarri have this semi skimmed veto, that non of its other 'competitors' do

[sagi58]

Luca just showing what he can achieve in negotiating deals like this for Ferrari. He needs to get more involved and get more deals like this for the Scuderia.

Sent from my GT-I9500 using Tapatalk

Yup nothing like the old brown envelopes and the bunga bunga parties when it comes to negotiating deals

That little green-eyed monster is sitting on your shoulder, eh?

[spankyham]

Let's read the "fine print":

 wrote:">Ferrari has veto over Ecclestone successorIt reads: "We must obtain the written consent of Ferrari prior to the appointment of any person as our chief executive officer if, within the past five years, he or she has held a senior executive office or an ownership interest of five percent or more in any Team or automobile manufacturer which either owns more than a five percent interest in a Team or is a supplier of engines to a Team."

That doesn't mean Ferrari has "full" veto over who precedes Ecclestone!
It means that the "can" veto someone who is "currently" involved in the
running of an F1 team.

Which suggests, to me, that Ecclestone was trying to rub Red Bull's winning
ways in Ferrari's face by suggesting that Horner would be an ideal candidate!!

You make a good point there Sagi, Luca needs to go back and get Ferrari a full veto. Let the others cry themselves a river, SF needs to push every avenue to the max. Luca is good at that, but I think SD has not done anywhere near a god enough job in that regard.

[CookinFlat6]

You guys are just being facetious now

[sagi58]

You guys are just being facetious now

I'm a quick study and I enjoy learning from the best!!

[spankyham]

You guys are just being facetious now

I'm being deadly serious. SF should push every advantage and rule they can. I take my hat off to Red Bull over the past 4 years they have proven the better team at this and well done by them I say. To the other, as I mentioned earlier - cry me a river.

[Hammer278]

So what's new?

[bud]

You guys are just being facetious now

I'm being deadly serious. SF should push every advantage and rule they can. I take my hat off to Red Bull over the past 4 years they have proven the better team at this and well done by them I say. To the other, as I mentioned earlier - cry me a river.

Difference being Redbull do all their talking with their CAR on the track, typical Italian/Ferrari mentality is to use politics off the track. A very ugly way to win.

[Hammer278]

You guys are just being facetious now

I'm being deadly serious. SF should push every advantage and rule they can. I take my hat off to Red Bull over the past 4 years they have proven the better team at this and well done by them I say. To the other, as I mentioned earlier - cry me a river.

Difference being Redbull do all their talking with their CAR on the track, typical Italian/Ferrari mentality is to use politics off the track. A very ugly way to win.

IMHO part from the bolded bit, this is the best summary of what the sport has been experiencing till now.

[CookinFlat6]

You guys are just being facetious now

I'm being deadly serious. SF should push every advantage and rule they can. I take my hat off to Red Bull over the past 4 years they have proven the better team at this and well done by them I say. To the other, as I mentioned earlier - cry me a river.

Difference being Redbull do all their talking with their CAR on the track, typical Italian/Ferrari mentality is to use politics off the track. A very ugly way to win.

Even then they still can't win