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F1 is �40m a year quite enough?

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R1Geezer | 17:40 Tue 12th May 2009 | Sport
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I think it's good move and will make unlimited dosh no advantage, I look forward to some of the minnows mixing it with the big boys next year..
http://tinyurl.com/ojaz8y
Too bad Ferrari being a bunch of sour pusses!
Is �40m about right?
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Haven't read your link... it will create a two tier system... when at the moment F1 needs unity more than anything else...

Ferrari won't leave F1... just throwing their toys out of the pram...
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How will it create a 2 tier system snags? I thought it would bring them closer together. We have a 2 tier system effectively now, where only a few teams have any chance to win a race.

Zacs, I hope it will encorage innovation and inginuity and the whole glamour thing could do with toning down a bit. This is not a "bean counter" thing this is and attempt to give the small guys more of a chance to get closer to the big boys. For example Ferrrari have a budget roughly equal to the GDP of Italy at the moment!
There is too much messing about with the machinery as it is. How is it that Hamilton becomes world champion one year and the following year has a job to get into the top ten. It takes all the glamour away as it means any driver is capable of winning the world championship given the right car.
These thoughts never existed in the past as a driver like Schumacher always seemed to win on merit and not how his spoilers worked.
''I think it's good move and will make unlimited dosh no advantage''

Unlimited dosh isn't always an advantage: look at Toyota... 200m p.a. budget... one of the biggest in F1...

In 7 years they've never won an F1 race!
''Schumacher always seemed to win on merit''

Ahem....
''How will it create a 2 tier system snags?''

They'll still be two sets of teams... the capped teams that will gain from greater technical freedom and unlimited out-of-season testing (two of the most critical areas) and those teams that don't get these benefits because they chose not to opt in.

Even though the uncapped teams will be free to spend whatever they like, there are some things money just cannot buy (see my ref. to Toyota above).

So there will still be two tiers in F1 as there are now.

The cap is an excellent incentive for new teams considering entering F1, and the current smaller teams, but it still doesn't create a level playing field, which is what this is an attempt to do.
In theory it's a good idea - but how are you going to police it ?
is the FIA going to have spies in the teams to ensure that only 40m is spent .

Ferrari obviously believe they can spend their way to sucess again ; otherwise why are they flexing their muscle against the plan
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The idea of some teams capped and others not was just a suggestion I don't think it's serious. Some of the pundits said that would make the whole thing a shambles so in reality if they do this it'll be all capped.
Well... Renault have now threatened to leave F1 too... along with Ferrari, Toyota and Red Bull...

Looks like a new US based racing series could be on the cards...
Formula One is littered with episodes of brinkmanship and this will be no different. A compromise will be found to allow all teams to compete virtually as they wish.

The idea that F1 can somehow be run on a shoestring is not a good idea and is ludicrous. �40m is a shoestring in F1 terms � Kimi Raikkonen is said to be paid in excess of �20m pa, Jenson Button took a pay cut to keep Brawn GP alive and now earns �only� �5m, a set of four tyres costs between five and ten thousand pounds, engines �4m, wheel nuts �800 each. It is an expensive sport and the participating teams know that when they agree to take part. Ferrari will not withdraw � they have too much invested in the sport not only this year but for years to come. Renault withdrew a few years ago but returned � they know that the sport gives their brand the sort of worldwide exposure that nothing else can.

It is about time the Hair Shirt brigade kept their penitentiary garment to themselves. Companies such as Ferrari and Renault (and indeed all the other F1 participants) spend the money they do because they want to, not because they must. If Max Mosely cannot see that a big attraction of F1 is that cars are developed with virtually no expense spared, then it is about time he stood down. Ecclestone ( a far more astute businessman that Mosely will ever be) will simply not stand by and watch the disintigration of the sport in which he has so much invested. Fans themselves do not want a watered down version.

You may have noticed Geezer that the �small guys� have not needed a spending cap to give them a chance of success. (Current constructors� championship standings: Brawn 1st, Red Bull 2nd).
The reason that Ferrari and McLaren have not succeeded this year is not down to money � they both took their eye off the ball last year.

I have heard so much about ths on 5 Live re: Ferrari & Renault pulling out of F1. My response if I were BE would be "And"?

The Sport would survive (and possbly flourish) without them. They are obviously scared that without their 100s of millions of development money that they won't win.

No Team is bigger than the Sport,
I do wonder why Ferrari were trying to get some kind of injunction brought against FIA regarding the 40m cap ''IF'' they are going to leave F1 next year...

Idle threats?

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