- 03 Jun 09, 12:49#123386
yeah Salary cap is alot easier to monitor. Budget crap is going to be a killer! and i can see the accusations flying already!
F1 and Motorsport Forums
billindenver wrote:I remember a while back there being a big furore in football about a salary cap being placed on European football players, which was eventually deemed illegal in European courts and as most F1 teams operate within Europe; I fear that a F1 salary cap will be deemed illegal as well unless that resolution has been removed since!hipcheck5 wrote:Simple. Other sports are Salary Caps. That means you have X number of athletes, they make Y number of dollars each...done deal, simple math. There are no sponsors giving parts to the teams that have to have values applied to them. Since those parts are one offs, requiring untold millions of dollars in testing etc to produce...how do you value them? In short, there are so many differences between a salary capped NHL hockey for instance and formula one's proposed spending cap that I could spend all day pointing them out. The proof is in the puddin as they say....lets see Max make it work. I'll bet he can't do it.Longbow wrote:I fail to see how the hell the FIA are going to be able to police it effectivly.How do they do it in other sports?
anything thats not in the cap for example marketing and promotion, drivers..
all that will happen is they will put R&D, Parts, and Other budget costs down as stuff thats not in the cap.
In otherwords there's gonna be alot of Carbon Fibre needed for "Marketing Purposes"
billindenver wrote:Celery Caps?
Simple. Other sports are Salary Caps. That means you have X number of athletes, they make Y number of dollars each...done deal, simple math. There are no sponsors giving parts to the teams that have to have values applied to them. Since those parts are one offs, requiring untold millions of dollars in testing etc to produce...how do you value them? In short, there are so many differences between a salary capped NHL hockey for instance and formula one's proposed spending cap that I could spend all day pointing them out. The proof is in the puddin as they say....lets see Max make it work. I'll bet he can't do it.
hipcheck5 wrote:Actually it would be as simple as a salary cap if the rules are written properly. Everything gets approved by the governing body, when it comes to one off parts they get a value placed on them by a committee, etc.each team manufactures majority of their own parts. And they all pay their own employees at their own discretion.
bud wrote:And the parts are valued by a committee. Employees salaries must be presented in the team budget. Really not very hard to maintain on a basic level. Will teams try to cheat? of course, but then teams try to cheat right now, so what's the difference.hipcheck5 wrote:Actually it would be as simple as a salary cap if the rules are written properly. Everything gets approved by the governing body, when it comes to one off parts they get a value placed on them by a committee, etc.each team manufactures majority of their own parts. And they all pay their own employees at their own discretion.
Chris_0648 wrote:I suggested this somewhere before, can't remember where, but what's so hard for teams to put their annual budget (lets just say £40mil for now) into an account at the start of the season which is observable by an independant body (again, lets just say the FIA) and all payments towards F1 operations have to be made through that account. It'll be pretty obvious if anyone is hiding anything or getting anything on the cheap through a non-existant company. No need for teams to disclose anything out of the F1 business, nor reveal any sources of income. No problem at all surely?Intramural payments for labor between different subsidies of a team would be hard to monitor if at all.
Obviously not perfect but the budget cap is workable. I just think some teams dont want their little exclusive group spoiled, and generally they dont like the way Max runs the show.
On a side note - the free-er tech regs that Max proposed for capped teams, I'd love them to stay.
Le coeur a ses raisons que la raison ne connaît point. 
darwin_dali wrote:You mean freakin impossible. Anyone who has run a company will tell you that tracking employee hours is difficult to do even when you WANT them tracked....attempting to track those hours when the employee and company involved don't want them tracked....impossible. So, I'm assuming there will be a set price per part assumed and labor is free. All of which makes the 'cap' even more ridiculous.Chris_0648 wrote:I suggested this somewhere before, can't remember where, but what's so hard for teams to put their annual budget (lets just say £40mil for now) into an account at the start of the season which is observable by an independant body (again, lets just say the FIA) and all payments towards F1 operations have to be made through that account. It'll be pretty obvious if anyone is hiding anything or getting anything on the cheap through a non-existant company. No need for teams to disclose anything out of the F1 business, nor reveal any sources of income. No problem at all surely?Intramural payments for labor between different subsidies of a team would be hard to monitor if at all.
Obviously not perfect but the budget cap is workable. I just think some teams dont want their little exclusive group spoiled, and generally they dont like the way Max runs the show.
On a side note - the free-er tech regs that Max proposed for capped teams, I'd love them to stay.
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