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Rhino8
Joined: Jan 07, 2005
Posts: 104
From: South Africa (Bloemfontein)
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What will be left of F1....
F1 teams to form breakaway series
19/06/2009 06:19:42
England - Formula One's biggest teams began preparations for a breakaway series early Friday after failing to resolve their
dispute with motor sport's governing body over financial constraints.
The Formula One Teams' Association announced it would not compromise on the quality of the series by signing up
unconditionally for the 2010 F1 season under the FIA's radical new plans for cost-cutting.
FOTA also criticized the FIA's "uncompromising" stance and attempts, along with the commercial rights holder, to divide its
member teams.
FIA president Max Mosley was insistent on introducing a voluntary $60 million budget cap for teams to curtail a "financial
arms race" in F1. Those that don't agree to the cap would have more technical restrictions, something Ferrari president Luca di
Montezemolo had called "fundamentally unfair."
Now the Italian team, which has competed in every F1 race since 1950, along with championship leader Brawn GP, McLaren, Renault,
Toyota, BMW Sauber, Red Bull Racing and Toro Rosso are set to be lost from F1 after FOTA said it could not agree to the FIA's
conditions.
"The teams cannot continue to compromise on the fundamental values of the sport and have declined to alter their original
conditional entries to the 2010 world championship," FOTA said after a meeting near Silverstone ahead of Sunday's British Grand
Prix. "These teams, therefore, have no alternative other than to commence the preparation for a new championship which reflects the
values of its participants and partners.
"This series will have transparent governance, one set of regulations, encourage more entrants and listen to the wishes of
the fans, including offering lower prices for spectators worldwide, partners and other important stakeholders. The major drivers,
stars, brands, sponsors, promoters and companies historically associated with the highest level of motorsport will all feature in
this new series."
FOTA said its efforts to remain part of Mosley's series had been hampered by the FIA's approach to negotiations.
"Following these efforts, all the teams have confirmed to the FIA and the commercial rights holder that they are willing to
commit until the end of 2012," FOTA said. "The FIA and the commercial rights holder have campaigned to divide FOTA. The wishes
of the majority of the teams are ignored. Furthermore, tens of millions of dollars have been withheld from many teams by the
commercial rights holder, going back as far as 2006.
"Despite this, and the uncompromising environment, FOTA has genuinely sought compromise."
Amid the global economic downturn, FOTA said it has already embarked on substantial cost-cutting.
The independent Brawn GP team only rose from the ashes of Honda after the Japanese automaker pulled out of F1 late last year as it
was forced to focus on its core business. Yet now Brawn's Jenson Button and Rubens Barrichello occupy the top two spots in the
drivers' standings going into Sunday's race.
"FOTA is proud that it has achieved the most substantial measures to reduce costs in the history of our sport," the
statement said. "In particular, the manufacturer teams have provided assistance to the independent teams, a number of which
would probably not be in the sport today without the FOTA initiatives. The FOTA teams have further agreed upon a substantial
voluntary cost reduction that provides a sustainable model for the future."
The drivers had already been preparing for radical developments to emerge from Thursday's FOTA talks.
Two-time world champion Fernando Alonso made it clear in the paddock on Thursday that he would leave F1 if his Renault team
pulled out of F1.
"For me the new Formula One would be unattractive, with the small teams and no drivers," Alonso said. "We want to compete with
the best teams in the world, the maximum technology: We all want to compete with the best drivers.
"If this is not what Formula One is about next year, then it will be another category with that. I won't retire, I will drive
for another championship." - Sapa
ARSENAL : Samsung Galaxy SII
http://members.esato.com/rhino8 |
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Tsepz_GP
Joined: Dec 27, 2006
Posts: > 500
From: Johannesburg, South Africa
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$60million cap? Considering that parts for F1 cars are ridiculously expensive eg. The steering wheel alone is 10,000GBP ,the rear wing is in the region of 110,000GBP , the tiny lil cap/socket for the wheel is 1000GBP, the gearbox casing is around 350,000GBP etc. . .(some of those figures may be off a bit though) and these are just little things and on top of that you need to buy these AND spears for TWO cars, for Testing, Time trials AND Race days, i can just see the $60mill running out pretty quickly. What a shame  , but im sure FIA know what they are doing and thats why they've set such a low limit, those 8teams may run in to the same problems if they form their own league. Lets see what happens.
[ This Message was edited by: GUCCI.011 on 2009-06-19 13:43 ] Phone: iPhone 15 Pro Max Black Ti 512GB
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Rhino8
Joined: Jan 07, 2005
Posts: 104
From: South Africa (Bloemfontein)
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Well, i say, if you cant afford the sport, pull out... whats 100 mill between rivals
ARSENAL : Samsung Galaxy SII
http://members.esato.com/rhino8 |
Tsepz_GP
Joined: Dec 27, 2006
Posts: > 500
From: Johannesburg, South Africa
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Lol do it Jaguar style  i think most people even forgot that Jag once had a F1 team with Mark Webber being their main man back in 04 if i remember correctly, hmmm . . .the good ol' days.
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Droid: Huawei Mate 40 Pro 256GB |
gola
Joined: Jul 17, 2007
Posts: > 500
From: South Africa
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First case of swine flu in SA has been reported  http://www.thetimes.co.za/News/Article.aspx?id=990086
"Getting wisdom is the wisest thing you can do!"
Proverbs 4: 7 |
Tsepz_GP
Joined: Dec 27, 2006
Posts: > 500
From: Johannesburg, South Africa
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Im actualy suprised it took so long to get here. if it wasnt here already that is. . . .
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Droid: Huawei Mate 40 Pro 256GB |
kyle_274
Joined: Apr 19, 2007
Posts: 125
From: south africa
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Sent my phone into vodacom today. I cant even hear the person on the line. The guy there said it will take 3weeks. So i took a loan phone. They gave me a sharp gx15. What a crap phone this is. It cant do anything. typing an sms on this thing is a true pain in the rear end. Im gonna have to get used to it. Lol |
Tsepz_GP
Joined: Dec 27, 2006
Posts: > 500
From: Johannesburg, South Africa
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Kyle
Nice, hopefuly they put a new housing for you like they did with mine, 3weeks? Make that 4weeks,and they are gonna feel like a life time by the 2nd week you're gona be going crazy,appreciating every little thing your phone has that the loan phone doesnt lol,goodluck dude 
Phone: iPhone 15 Pro Max Black Ti 512GB
Tablet: iPad Pro 11” 2020 Space Gray 256GB
Watch: Series 3 Nike Edition Space Gray
Droid: Huawei Mate 40 Pro 256GB |
amawanqa
Joined: May 08, 2004
Posts: > 500
From: Hornchurch UK & East London SA
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LG is to launch 3 Android platform phones this year:
http://www.reghardware.co.uk/2009/06/18/lg_android/
He who laughs last... thinks slowest.
Nokia 5800, Sony Ericsson P1i, Nokia 7600. |
kyle_274
Joined: Apr 19, 2007
Posts: 125
From: south africa
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Gucci. I asked them to put a new cover on. As soon as i saw the phone i knew i was gonna have the worst 3 weeks of my life. Lol
Lifes journey is not to arrive at the grave in a well preserved body, but to rather skid thru sideways shouting, HELL YEAH! THAT WAS A HELL OF A RIDE! |
brix25
Joined: Aug 20, 2003
Posts: > 500
From: Cape Town, South Africa
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@kyle: Be grateful they didn't give u one of those crappy Motorola's.
Liar liar pants on fire/ You burning up like David Koresh- Ghostface Killah |
Tsepz_GP
Joined: Dec 27, 2006
Posts: > 500
From: Johannesburg, South Africa
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WOW! Just went on to Vodacom's website, in the homepage it has HTC Magic at R284pm FREE on a Business Call contract! For once Vodacom seem to have the pricing spot on, unlike MTN who have the OLDER android phone HTC Dream at R520pm.
EDIT: ALSO HTC TouchPRO R359pm on a Business Call
NOKIA 5800XM R135pm (R300 pay-in)Weekend Everyday
The mighty SAMSUNG Innov8 on a Weekend Everyday at R319pm
SAMSUNG Omnia on a Business Call R259pm
SonyEricsson XPERIA X1 also Weekend Everyday at wait for it . . . . .R299pm!!  geesh i cant wait until my upgrade i wonder how much the Palm Pre and N86 will be at this time next year.
[ This Message was edited by: GUCCI.011 on 2009-06-20 09:25 ] Phone: iPhone 15 Pro Max Black Ti 512GB
Tablet: iPad Pro 11” 2020 Space Gray 256GB
Watch: Series 3 Nike Edition Space Gray
Droid: Huawei Mate 40 Pro 256GB |
amawanqa
Joined: May 08, 2004
Posts: > 500
From: Hornchurch UK & East London SA
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@ Gucci:
First Ronaldo, now Tevez leaves Old Trafford:
http://news.bbc.co.uk/sport1/[....]ll/teams/m/man_utd/8110740.stm
He who laughs last... thinks slowest.
Nokia 5800, Sony Ericsson P1i, Nokia 7600. |
Tsepz_GP
Joined: Dec 27, 2006
Posts: > 500
From: Johannesburg, South Africa
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Ya hey Not suprised about Tevez, there was always speculation that he would leave after the 2year loan was over. Gota admit i am still disappointed,he's a fantastic player.
Phone: iPhone 15 Pro Max Black Ti 512GB
Tablet: iPad Pro 11” 2020 Space Gray 256GB
Watch: Series 3 Nike Edition Space Gray
Droid: Huawei Mate 40 Pro 256GB |
kyle_274
Joined: Apr 19, 2007
Posts: 125
From: south africa
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Brix. Im sure a motorola would be better. Lol. But it better than nothing. If i didnt get it i would have to have used my dads old 6230i. now that phone is old. Black and whit screen. Lmao. Gucci. Thats a good price for the x1. When i was at voda yesterday the guy there said its R399 on business call. Hopefully the price would go down more by the time september comes. I also played with the dummy phone when i was there. It a really nice phone. The qwerty keys are a bit small but im sure ill get used to it.
Lifes journey is not to arrive at the grave in a well preserved body, but to rather skid thru sideways shouting, HELL YEAH! THAT WAS A HELL OF A RIDE! |
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Posted: 2009-06-19 08:39
