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Post by blacktulip on May 16, 2009 13:48:48 GMT
The FIA and Formula One Teams’ Association failed to reach a compromise agreement on the 2010 regulations following crunch talks in London on Friday.
FIA president Max Mosley told reporters after the meeting at a Heathrow hotel that there had been "no concrete agreement" and that the governing body would not be swaying from its £40 million budget cap plans.
He added that teams had gone off to hold a separate meeting in which they may devise a counter proposal.
Meanwhile, Mosley also revealed that Ferrari – one of four team owners who has threatened to quit the sport if the cap and two-tier system is introduced - has applied to a French court for an injunction in a bid to stop the rules changes happening.
Asked by ITV News after the meeting if he thought Ferrari would remain in the sport next year, Mosley said: " Don’t know, because at the moment their latest thing is that while their man [Stefano Domenicali] was sitting in the meeting, unknown to him they went to the French courts and they have asked for an injunction to stop us changing the rules – at least that is my understanding.
"That will come on next week and we will see what comes out of that, but I think it rather embarrassed their representative."
The FIA/FOTA summit, also attended by Formula 1's commercial supremo Bernie Ecclestone, was called to try and halt the escalating row over next year's regulations following Ferrari, Renault, Toyota and Red Bull's threats to quit the sport.
Teams are opposed to the two-tier nature of the budget cap and are livid that the rules have been introduced without their consultation.
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Post by blacktulip on May 16, 2009 13:52:34 GMT
The FIA and the Formula One Teams’ Association have been locked in talks this afternoon over the controversial 2010 regulations in a bid to stop the row spiralling further out of control.
Representatives from all 10 teams met with FIA president Max Mosley and commercial supremo Bernie Ecclestone in a Heathrow hotel on Friday to try and resolve the squads’ grievances surrounding the £40 million budget cap.
Ferrari and Renault this week cranked up the pressure on the governing body to ditch the optional cap – which will offer teams technical freedoms over those who choose to spend freely – by joining Toyota and Red Bull in threatening to quit the sport at the end of the season if the regulations stand as published.
The official dissenters, along with the majority of other teams, are particularly opposed to the two-tier nature of the system, which they believe is against the sport’s core principles and will confuse fans.
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Post by blacktulip on May 16, 2009 13:53:27 GMT
looks like problems ahead and the FIA on a head on impact with the teams
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Post by fizzycola on May 16, 2009 14:13:10 GMT
I find all this really worrying, the FIA isn't going to back down, Ferrari and the other teams aren't going to back down. If we are going to have Formula1 next year, the pinnacle of motor sport, then the only answer I can see is the court rules in favour of the teams. To me the court has always been in favour of Ferrari anyway and so has MM and BE.
It's a really worrying situation.
from the EarthTimes.org
The ongoing row between Formula One teams and the sports' controlling body FIA is to be heard in court on Tuesday, international media reported on Saturday. Ferrari is seeking an injunction against a controversial budget cap imposed by FIA from a Paris court, claiming that they have a right to veto any proposed Formula One rule change.
The London Times quotes a Ferrari spokesman as saying: "There is a contractual agreement between the FIA and Ferrarionce this agreement is broken, we need to protect ourselves."
FIA President Max Mosley has already indicated that his organization will appeal should they lose the court case.
fizzy
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Post by susieq on May 16, 2009 14:28:09 GMT
I think the only ones who are going to lose out on this is the fans.
The sport's title, Formula One, indicates that it is intended to be the most advanced and most competitive of the FIA's racing formulae.
I think Mr Mosley may not understand this or has his own interpretation.
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Post by fizzycola on May 16, 2009 14:43:44 GMT
I reckon MM does indeed have his own interpretation....
Formula MONEY
Well, the loss of big name teams will mean less peeps tuning in to watch and loss of revenue.
fizzy
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Post by blacktulip on May 16, 2009 15:03:34 GMT
Not just that Fizzy, how many sponsers will bow out as well, I think we could well be seeing the begining of the end for F1 as we know it.
Seems the FIA and certain people in it are now just on a huge ego trip that there version is the only one, I dont for one moment think they considered the fans or what the outcome could be.
Lets be honest we need rid of Bernie and Max at least to get F1 back on an evean keel
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Post by fizzycola on May 18, 2009 11:59:40 GMT
f1-live.com says this
FOTA breached Ferrari's 'veto' rights - Mosley
Max Mosley believes Ferrari will lose its court action on Tuesday.
The case, an application for an injunction against the 2010 rules to be heard by a French court, is based on the Italian team's 2005 agreement with the sport's governing body.
Amid the last 'breakaway' threats three years ago, the FIA and Bernie Ecclestone reached a private agreement with Ferrari, offering more commercial income, stable rules, and special 'veto' power regarding major upheavals.
Ferrari claims this agreement has been breached, but Mosley believes that it is the Maranello outfit that did not live up to its end of the bargain: loyalty.
"They were in a position where they had whatever they had under the old 1998 Concorde Agreement in return for being loyal," he said.
Mosley believes Ferrari broke the agreement by establishing the Formula One Teams Association (FOTA), of which the Italian marque's President Luca di Montezemolo is chairman.
"Essentially, they walked away by forming FOTA. They were always supposed to be loyal to the FIA, work with us and cooperate," said the FIA President.
In return, FOTA claims the FIA failed to cooperate with the teams when establishing the regulations coming into effect with the 2010 season.
fizzy
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Post by gizzy on May 18, 2009 23:45:30 GMT
NO 2 TIERS...this is absolute rubbish.
I can see Bernie wanting a salary cap to bring in new teams...but going from 400M to 40M is just too drastic a step in one year.
If Bernie scares away 1/2 the teams, 2010 will be a crap year for F1.
It kinda reminds me of Indy a few years ago. 6 cars doing a useless parade, no racing, no competition. A sickly race that is meaningless.
If you held a race and nobody showed up...what would be the consequences? The few remaining fans would be turned off, and we will be watching IRL.
By the way, congrats to Helio Castreneves for winning the pole at Indy. Good guy...good character. I guess that I'm moving to this sport.
-mark
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Post by blacktulip on May 19, 2009 6:56:21 GMT
From ITV sport
Sir Frank Williams reckons the row over the 2010 regulations is close to being resolved, despite the lack of agreement in Friday's meeting between FOTA and the FIA.
At present, there remains an impasse over the FIA's desire for a budget cap next year.
Although Bernie Ecclestone has indicated that a two-tier system in which some teams continue with unlimited spending but face performance and technical restrictions is now unlikely, no deal has yet been struck to satisfy the teams.
That means that unless things change, Ferrari, Red Bull, Toro Rosso, Toyota and Renault will not be submitting entries for the 2010 championship.
However Williams reckons that there is now enough common ground to avert the prospect of a mass exodus from F1.
"We still have work to do among ourselves," he was quoted as saying by the Daily Mail.
"But I can’t see anyone not being prepared to race next year."
As one of the lower-budget teams on the grid, Williams is thought to be broadly supportive of the budget cap initiative.
Even if agreement has been reached over the two-tier rules, the teams remain frustrated by the manner in which the FIA has changed the regulations, especially as FOTA had developed its own cost-cutting plans.
Ferrari is seeking an injunction against the FIA in the French courts, claiming that it has the right to veto rule changes and was not given the opportunity to do this with the budget cap plan.
There is also concern amongst teams over how the budget cap would be policed.
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Post by blacktulip on May 19, 2009 18:44:56 GMT
Ferrari will learn whether it has succeeded in its bid to take out an injunction against the FIA’s 2010 regulations on Wednesday afternoon, a French court has announced.
The Maranello outfit, which last week warned it would quit Formula 1 unless the governing body backs down on its £40 million budget cap plans, claims the FIA has broken contractual obligations it has with the team over rule changes.
Ferrari’s legal representatives appeared at the Tribunal de Grande Instance in Paris for an hour-long hearing today, with the decision now confirmed for the opening day of the Monaco GP weekend.
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