FORUMula1.com - F1 Forum

Discuss the sport you love with other motorsport fans

Formula One related discussion.
#87491
From autosport.com:

The days of divide and rule in Formula One are over. From now on, we teams dictate our own destiny, preferably in conjunction with the FIA and a promoter, but only on terms of mutual respect and cooperation.

We will no longer be dictated to and F1 is never going to become a spec formula. We will dramatically reduce costs while at the same time be all about technological competition.

These were the key messages coming from Luca di Montezemolo's address just before Christmas. Although held at Ferrari's Maranello factory, it was very much from his perspective as chairman of the teams' association FOTA rather than team boss.

His vision is compelling and accords absolutely with that of F1's traditional fan base. It's diametrically opposed to the way F1 has been in recent memory, it goes completely against the way Max Mosley and Bernie Ecclestone have traditionally ruled the sport, though at the same time is endeavouring to have them join the vision. How they may react only time will tell.

Di Montezemolo – representing every team – sees a future F1 with a leaner look, with the costs of 15-18 years ago but still very much F1 in terms of competition between constructors to design and build the fastest cars. He sees race fans as the main priority, ahead even of TV audiences. Radically reduced ticket prices, traditional established tracks, greater access for the fans at the track, drastically less spent on things such as motorhomes that add nothing to the show. What is there not to like about that?

Back to North America

Delivering it is quite another matter. But the fact that we now have a concerted effort to get there is hugely encouraging. Di Montezemolo is the perfect choice to lead the teams – a heavy hitter with great intelligence and charisma, and a big-picture perspective. His approach of openness, cooperation and working towards common goals is a million miles away from F1's traditional modus operandi. What he and FOTA have already achieved in a matter of months is very encouraging, but the real battle, one suspects, is yet to come.

In the long term, as well as di Montezemolo's stated goals, F1 needs to be in North America, with at least two races. It needs not to have its centre of gravity migrate to the Middle East, chasing government-backed contracts at the expense of traditional fans, and needs to insure itself against destabilising team pull-outs.

What better way of doing that than to create a model where the income is greater than the costs, something that in theory is perfectly feasible? That way, there would be nothing politically difficult about remaining in F1 as a car manufacturer in tough economic times. 'Why pull out when it is contributing to our profits' would be a bulletproof defence.

Downturn does F1 a favour

There is of course plenty standing in the way of all this happening. Not least the current ownership structure. Negotiations between FOTA and CVC (represented respectively by di Montezemolo and Ecclestone) are due to begin soon. It is hard to imagine a starker contrast in vision. But the message from Maranello was 'this is the way we are going, you're welcome to come with us if you want'.

Ferrari are contracted to the current owners until 2012 and so effectively are the rest of the grid. Between now and then there will be relentless behind-the-scenes pressure on CVC from FOTA to renegotiate. Whether it has any financial room to do so is a moot point.

The economic downturn has been a tragedy for so many, but it has probably been a huge long-term favour to a sport that was sick with money. That sickness is not yet cured, but with the cold turkey treatment now underway the sport's prognosis is better than it was before the downturn. The possible future that is emerging, if this vision can be made reality, could be wonderful.

Placing di Montezemolo as chairman of FOTA was a quite brilliant move (one that was suggested by Ron Dennis). He was made by F1, made his first visit to a grand prix as a Ferrari team manager in 1973, and he's been around, on and off, since then. But he has never looked more like a man of the times than right now.
#87598
Whether your a fan of Ferrari, McLaren, BMW, Renault, or Toyota, you have to respect the bipartisan way Luca is addressing his role. In America, and in different racing series, you see teams helping other teams that may have run into difficulty (transporter catching fire and burning car and equipment to the ground) buy supplying spare parts and assistance because they want the competition to continue on track. F1 is not a spec series and I know that can't happen, but its great to think that the teams can be a continent as apposed to separate islands floating in the ocean.

And if they could afford to have two venues in the united states then I am all for it. I would hope that Laguna Seca would be one of them.
#87615
Whether your a fan of Ferrari, McLaren, BMW, Renault, or Toyota, you have to respect the bipartisan way Luca is addressing his role. In America, and in different racing series, you see teams helping other teams that may have run into difficulty (transporter catching fire and burning car and equipment to the ground) buy supplying spare parts and assistance because they want the competition to continue on track. F1 is not a spec series and I know that can't happen, but its great to think that the teams can be a continent as apposed to separate islands floating in the ocean.

And if they could afford to have two venues in the united states then I am all for it. I would hope that Laguna Seca would be one of them.


Quite a masterstroke of Ron Dennis' to suggest Lucca for that job. It was the only way to guarantere ferrari onboard. That said he does seem to be doing the job well. He is charismatic and well able to stand up to the likes of bernie and Max.
#87627
I think Formula 1 will miss Bernie Ecclestone when he will retired. Maybe the same for Max Mosley. People usually talk about the astronomical budget of a F1 team but no one talk about the amount of money that team share every year.

Montezemolo want to improve the portion for the team and maybe it is a fair request but without a capable person like Bernie F1 show could be less remunerative. So it is better to get the 60% of 100 or the 100% of 50?
#87642
Quite a masterstroke of Ron Dennis' to suggest Lucca for that job. It was the only way to guarantere ferrari onboard. That said he does seem to be doing the job well. He is charismatic and well able to stand up to the likes of bernie and Max.

Yes I agree and this backing by Sir Ron could be an insight as to what he will do when he eventually relinguishes day to day control of McLaren over to Martin :wink: ? As Bob Dylan said 'the time's are changing' and all of us will witness firsthand a truelly significant change in F1 in the near future I predict.
#87645
Whether your a fan of Ferrari, McLaren, BMW, Renault, or Toyota, you have to respect the bipartisan way Luca is addressing his role. In America, and in different racing series, you see teams helping other teams that may have run into difficulty (transporter catching fire and burning car and equipment to the ground) buy supplying spare parts and assistance because they want the competition to continue on track. F1 is not a spec series and I know that can't happen, but its great to think that the teams can be a continent as apposed to separate islands floating in the ocean.

And if they could afford to have two venues in the united states then I am all for it. I would hope that Laguna Seca would be one of them.


Quite a masterstroke of Ron Dennis' to suggest Lucca for that job. It was the only way to guarantere ferrari onboard. That said he does seem to be doing the job well. He is charismatic and well able to stand up to the likes of bernie and Max.


Good point Racechick, I'd rather see Ferrari siding with the teams versus BE getting special deals or revenue. It looks like Ron did a Bernie..
#87646
Whether your a fan of Ferrari, McLaren, BMW, Renault, or Toyota, you have to respect the bipartisan way Luca is addressing his role. In America, and in different racing series, you see teams helping other teams that may have run into difficulty (transporter catching fire and burning car and equipment to the ground) buy supplying spare parts and assistance because they want the competition to continue on track. F1 is not a spec series and I know that can't happen, but its great to think that the teams can be a continent as apposed to separate islands floating in the ocean.

So does that mean Ron gave Luca a replacement TV for the one he smashed up last season? ;)
#87647
I think Formula 1 will miss Bernie Ecclestone when he will retired. Maybe the same for Max Mosley. People usually talk about the astronomical budget of a F1 team but no one talk about the amount of money that team share every year.

Montezemolo want to improve the portion for the team and maybe it is a fair request but without a capable person like Bernie F1 show could be less remunerative. So it is better to get the 60% of 100 or the 100% of 50?


No one is doubting the good things that Bernie has done for F1 turning it into a global franchise but the way he is running is not compatible with business in the 21st century. F1 teams are the most integral part of F1 and without them the sport dies, so it is completely unacceptable that they have to split 50% of the revenues between them meaning that in 2009 each team will get about 5% of the revenue (Ferrari will get more but that is a whole other issue :wink: ).
5% return for putting on the show isn't much of return while Bernie hogs 50%, in the process fleecing the track owners and starting to center F1 in the Middle East because they are the only ones able to meet his ridiculous demands.

Jackie Stewart said it best when he said F1 needs to be run like a successful corporate enterprise instead of a dictatorship, where profits are more fairly shared (my preference would be 80 - 20 for the teams) and everyone benefits from being part of the business.

As for Max Moseley the sooner he is gone/locked into a basement the better...
#87656
No one is doubting the good things that Bernie has done for F1 turning it into a global franchise but the way he is running is not compatible with business in the 21st century. F1 teams are the most integral part of F1 and without them the sport dies, so it is completely unacceptable that they have to split 50% of the revenues between them meaning that in 2009 each team will get about 5% of the revenue (Ferrari will get more but that is a whole other issue :wink: ).
5% return for putting on the show isn't much of return while Bernie hogs 50%, in the process fleecing the track owners and starting to center F1 in the Middle East because they are the only ones able to meet his ridiculous demands.

Jackie Stewart said it best when he said F1 needs to be run like a successful corporate enterprise instead of a dictatorship, where profits are more fairly shared (my preference would be 80 - 20 for the teams) and everyone benefits from being part of the business.

As for Max Moseley the sooner he is gone/locked into a basement the better...

:thumbup:

See our F1 related articles too!