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[darwin dali]

FIA: [...]But when you analyse the total cost for a manufacturer it will still be uncomfortably high, even with a €50 million cost cap. Take Ferrari: with €50 million on the chassis and racing, add the same again for drivers, about €80 million for engines and another €20 million for marketing and you have a total spend of €200 million. Perhaps that is less that the €400 to €500 million their lawyer said a top team is spending now, but surely it is enough for a team to spend on entering two cars in 20 races a year?

The way I read these figures, the €50 million is just for the chassis and the racing costs (presumably including staff salaries). Driver salaries, engines and marketing seem to fall outside the budget cap. This cap if implemented with aforementioned assumptions and still allowing for a total cost of €200 million looks rather reasonable to me...

[Jamie]

FIA: [...]But when you analyse the total cost for a manufacturer it will still be uncomfortably high, even with a €50 million cost cap. Take Ferrari: with €50 million on the chassis and racing, add the same again for drivers, about €80 million for engines and another €20 million for marketing and you have a total spend of €200 million. Perhaps that is less that the €400 to €500 million their lawyer said a top team is spending now, but surely it is enough for a team to spend on entering two cars in 20 races a year?

The way I read these figures, the €50 million is just for the chassis and the racing costs (presumably including staff salaries). Driver salaries, engines and marketing seem to fall outside the budget cap. This cap if implemented with aforementioned assumptions and still allowing for a total cost of €200 million looks rather reasonable to me...

There cap seems impossible? The salaries should be separate from the cap as that's completely different, staff is apart of the team, not the racing?

Racing should come under the car and that is it!

[scotty]

Are they actually dropping the engine freeze under the cap then?

[headless]

Its all gonna be too ambigous

[RA Dunk]

bring on the split i say, people follow a sport because of the teams who are in it, not because of the people who run it.....

[headless]

bring on the split i say, people follow a sport because of the teams who are in it, not because of the people who run it.....

Yeah but I think the overall quality will decrease in a split.

[Denthúl]

bring on the split i say, people follow a sport because of the teams who are in it, not because of the people who run it.....

Yeah but I think the overall quality will decrease in a split.

One thing that I think would be a problem for the fans would be the TV coverage. The BBC coverage at the moment is great. I don't see ITV buying the rights to it (after all, they could have continued with Formula One after 2008 anyway) and the BBC will most likely be bound by one of Ecclestone's contracts not to show a rival series. Which leaves Eurosport (if I'm lucky) or else one of the subscription channels. If the breakaway series ends up on a subscription channel, that alone would doom it. More people would watch Formula One on the BBC at only the cost of their TV licence than would pay extra to watch it on Sky Sports or Setanta.

Then there's the issue of participants. If the contracts binding certain teams to Formula One are as watertight as Adam Parr says, then the break-away series could be made up of Brawn, McLaren, Renault, Toyota and BMW Sauber. A ten-car grid wouldn't be particularly entertaining, now, would it?

[darwin dali]

bring on the split i say, people follow a sport because of the teams who are in it, not because of the people who run it.....

Yeah but I think the overall quality will decrease in a split.

One thing that I think would be a problem for the fans would be the TV coverage. The BBC coverage at the moment is great. I don't see ITV buying the rights to it (after all, they could have continued with Formula One after 2008 anyway) and the BBC will most likely be bound by one of Ecclestone's contracts not to show a rival series. Which leaves Eurosport (if I'm lucky) or else one of the subscription channels. If the breakaway series ends up on a subscription channel, that alone would doom it. More people would watch Formula One on the BBC at only the cost of their TV licence than would pay extra to watch it on Sky Sports or Setanta.

Then there's the issue of participants. If the contracts binding certain teams to Formula One are as watertight as Adam Parr says, then the break-away series could be made up of Brawn, McLaren, Renault, Toyota and BMW Sauber. A ten-car grid wouldn't be particularly entertaining, now, would it?

Pay-per-View for little money could be an option (so you don't subscribe, only pay on a per race basis, say $3). Or live internet streaming.

[bud]

bring on the split i say, people follow a sport because of the teams who are in it, not because of the people who run it.....

Yeah but I think the overall quality will decrease in a split.

One thing that I think would be a problem for the fans would be the TV coverage. The BBC coverage at the moment is great. I don't see ITV buying the rights to it (after all, they could have continued with Formula One after 2008 anyway) and the BBC will most likely be bound by one of Ecclestone's contracts not to show a rival series. Which leaves Eurosport (if I'm lucky) or else one of the subscription channels. If the breakaway series ends up on a subscription channel, that alone would doom it. More people would watch Formula One on the BBC at only the cost of their TV licence than would pay extra to watch it on Sky Sports or Setanta.

Then there's the issue of participants. If the contracts binding certain teams to Formula One are as watertight as Adam Parr says, then the break-away series could be made up of Brawn, McLaren, Renault, Toyota and BMW Sauber. A ten-car grid wouldn't be particularly entertaining, now, would it?

you make it sound like Britain has the only broadcasters in the world

as for the last paragraph FOTA wont lose Ferrari or Redbull to the FIA because of a contract, hey will get out of it. besides Ferrari are on the claim the FIA have broken their end of the contract.

[myownalias]

...FOTA wont lose Ferrari or Redbull to the FIA because of a contract, hey will get out of it. besides Ferrari are on the claim the FIA have broken their end of the contract.

But Ferrari have supposedly broken the very same contract by forming FOTA hence their veto was useless, so it's six of one and half dozen of the other I feel!!!

[headless]

I wouldn't pay to watch a split series.
I would probably just watch an old race every race weekend instead.

[bud]

...FOTA wont lose Ferrari or Redbull to the FIA because of a contract, hey will get out of it. besides Ferrari are on the claim the FIA have broken their end of the contract.

But Ferrari have supposedly broken the very same contract by forming FOTA hence their veto was useless, so it's six of one and half dozen of the other I feel!!!

exactly both sides in breach the contract is meaningless now.

[Gaz]

Mosley outlines deal offer to teams

By Jonathan Noble Wednesday, June 17th 2009, 16:31 GMT

Max MosleyFIA president Max Mosley has informed teams of the package of rules that he is willing to accept for next year, AUTOSPORT has learned, as a final push is made by the governing body to end the standoff over entries to the 2010 championship.

The eight members of the Formula One Teams' Association (FOTA) have until Friday to lift the conditions attached to their entries - and efforts are increasing on both sides to try and reach a settlement.

After a day of further letters between motor racing's governing body and FOTA, Mosley has as promised laid out the terms by which he wants the teams to sign up. And although there had been fears of a total breakdown in discussions between the two parties, Mosley has informed FOTA that he is willing to make some movement on the question of governance in the sport.

He has told teams that he is prepared to discuss the FIA's International Court of Appeal, and also remove the controversial Appendix 5 to the 2010 Sporting Regulations. This latter element had angered teams, who feared that it gave the governing body carte blanche to impose whatever rules they wanted.

Mosley also said that he was willing to change some of the technical regulations for 2010. If the teams agree, the moveable wing rules will remain as they were for 2009, 4WD cars will not be allowed, tyre warmers will continue and the engine rules will remain as they are for this year - except customer Cosworth units will be allowed to run unrestricted. Also gearbox rules will remain as they are for 2009, as will testing limitations.

Mosley also made it clear that he would be willing to accept a 100 million Euros cost cap limit for next year, providing that it was reduced to 45 million Euros for 2011. This was the same figure that was outlined in a letter sent to FOTA president Luca di Montezemolo following the team meeting in Monaco.

Outline plans were also detailed for how the budget cap would be policed with 'self-reporting of compliance using a reputable auditor' used. Mosley also confirmed that breaches of the budget cap rules would not result in on-track sanctions, but would instead be 'financial against a pre-agreed formula.'

FOTA now has 48 hours to to decide whether to accept the terms and sign up for F1, or decide to stand firm and risk being left off the grid.

Sounds to me like hes backing down slightly

don't like idea of unrestricted cosworth engines though

[headless]

Sounds to me like hes backing down slightly

don't like idea of unrestricted cosworth engines though

For 1 min then I thought you wrote "breaking down"

If only...

[scotty]

Mosley also said that he was willing to change some of the technical regulations for 2010. If the teams agree, the moveable wing rules will remain as they were for 2009, 4WD cars will not be allowed, tyre warmers will continue and the engine rules will remain as they are for this year - except customer Cosworth units will be allowed to run unrestricted. Also gearbox rules will remain as they are for 2009, as will testing limitations.

4WD cars, wtf?! They had kept that quiet....