Formula1 political saga continues as teams decide to quit the sport
To all those people including me that thought formula1 has become boring to watch because the cars are not fast or spectacular enough, there is too much politics, etc, etc. there is no need to whinge anymore because change is here. The eight members of the Formula One Teams Association (FOTA) alliance including Ferrari, Mclaren, Renault, BMW, Toyota, Red Bull, Toro Rosso & Brawn GP just a have decided to abandon formula 1 and form their own ‘breakaway series’. Williams and Force India (Formerly a member of FOTA) will remain in F1 since they have contractual obligations with their sponsors and Formula One management (FOM)
How the hell did this happen??
Long story made short, in the wake of the economic downturn and Honda’s exit from F1 Max mosley (President of FIA) decided to take things in his hands to make teams reduce their spending so that other manufacturers did not leave the sport. He put a budget cap of €45m/£40m on all the teams and published it in the regulations for 2010 without the consultation of the teams. This pretty much was the break in the ice block that preceded the avalanche. The FOTA teams protested immediately saying that it is virtually impossible to cut back budgets to €45m and sack factory staff over just one season. They suggested that they were willing to do it over a couple seasons instead. According to Max, a budget cap would be beneficial to the existing teams and would make F1 more attractive to new teams wanting to get into the sport. Following n number of discussions Mosley decided to exclude driver & chief designer salaries and other marketing costs from the cap. The FIA also said that they could not change the published regulations unless the teams signed up for 2010 and unanimously changed the regulations after. FOTA threatened to the quit the sport and form a separate series which everyone including Bernie Ecclestone thought would be ridiculous. Also, the European Automobile Manufacturer’ Association (ACEA) issued a statement backing the F1 teams in their war against the FIA adding weight to the FOTA case. The ‘ego’ of Max Mosley and the demand of more ‘transparency of regulations and management’ of the FOTA teams finally lead to the issue spiraling out of control leaving us with this situation today.
What Next?
The FOTA teams intend to reduce costs but want to do so in a way that is viable to both their organizations and the sport. They are sick and tired of being run by dictators in the form of Bernie Ecclestone (CEO of CVC – The F1 commercial rights holder) and Max Mosley. Only half of the revenue generated in F1 (about $2Billion) goes to the F1 teams and the remaining is swallowed by CVC to pay off the debts when they took over the shares from Bernie Ecclestone in 2005. FOTA argued that if the teams got more money from the income of F1, there wouldn’t be a necessity for drastic cost cutting. FOTA is now in talks with the commercial rights holder of MotoGP to help them organize a separate championship. One option is to purchase the existing A1 GP series which only managed to put on a good show on its opening ceremony.Who will race in F1 in 2010?
After introducing the budget cap, 10 new teams applied for a spot on the grid for 2010 some of which are existing GP2 teams and some are teams of the European Le Mans series. If FIA don’t succeed in convincing the FOTA teams in stay in F1, along with Williams and Force India, the other three teams who have a confirmed spot on the grid are USF1 (based in North Carolina), Campos (Based in Spain) and Manor F1. The rest of the teams will be amongst the remaining 7 that applied for 2010.
Who will race in the new series?
The eight FOTA teams will occupy 16 places on the grid, each team running two cars. Lola Aston Martin, Prodrive & Brabham had filed for an entry in F1 for 2010. Deeply disappointed in not being selected the first time and, them wanting to race in a series with more credibility and competition, they withdrew their application from F1 so that they could join the new breakaway series, if there is to be one.
The worst is yet to come!!
If you thought that politics in F1 could not get any worse after seeing Ferrari and Mclaren battle it out in the courts in 2007, and the FIA and FOTA stuck in a public brawl lately, think again. There are a lot more players in this battle than ever before and but for the contractual obligations, the FIA seems to be on the losing end. Ferrari and the two Red Bull teams have contracts with the FIA to race in F1 till 2012. Also Ferrari has a special contract with CVC and FIA thanks to which they get a big chunk of the F1 revenue, much more than any other team gets. First we will see the FIA sue Ferrari and Red Bull for breaching their contracts which will be followed by a series of law suits and court hearings between various parties. At this point FIA does not care if they lose teams like Renault, Toyota and BMW as far as Ferrari, Mclaren and new entrants to the sport are present. A breakaway series is beneficial for the organizers of the Canadian GP, North American GP and all those historical venues like San Marino, Mexico, Portugal, etc. from who Bernie Ecclestone parted ways for more money in the middle east and far east. So they will definitely want to make their voices heard.
My Opinion….
Screw the FIA and do whatever you have to do to form a new series. I don’t want to see parades but cut throat competition and wheel-to-wheel racing on the track. I don’t want to see ugly ‘green’ technology laden cars that are slower than their counterparts nearly 20 years ago. Racing in state of the art but half empty circuits is no fun. The new series run by FOTA will deliver what the fans want. If it’s 4 cylinder turbo charged engines that we want, we will get it!


