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13 Sep 2004, 22:22 (Ref:1095749) | #1 | |
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Ferrari make F1 Quit Threat
www.itv-f1.com says
"Ferrari president Luca di Montezemolo has warned the world champions could quit F1 unless they are given a bigger share of the sport’s revenues. http://www.itv-f1.com/News_Article.aspx?PO_ID=31094 EDIT: Please don't post entire articles. Copyright and all that. A link (if available) or the source is good and then just pick out the parts that illustrate the point you want to make. Thanks. I have also corrected the link site name. /EDIT] Last edited by Adam43; 13 Sep 2004 at 22:36. |
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13 Sep 2004, 22:23 (Ref:1095750) | #2 | ||
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storm in a tea-cup
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13 Sep 2004, 22:30 (Ref:1095753) | #3 | |
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For once, I agree with Bigmouth.
Ferrari do this from time to time. Remember the 1987 IndyCar they built? |
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13 Sep 2004, 22:58 (Ref:1095768) | #4 | ||||
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Autosport.com has picked up Todt saying similar things.
http://www.autosport.com/newsitem.asp?id=39698&s=5 Todt (and Montezemolo in the above article) seem to be saying that all teams should get more, not just Ferrari: Quote:
Quote:
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13 Sep 2004, 23:03 (Ref:1095773) | #5 | ||
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They have a point. More of the TV money should go to the teams and I've always said so.
If it wasn't for the teams, there would be no F1 and no TV money to start with. Less than half going to the teams is disgraceful. The majority of the money goes to people who couldn't give a toss about the sport. I know investors should get something back as that is the point of investing, but over half of the revenue? But the teams only getting 47%? 60% at least would be more fair. Last edited by Spudgun; 13 Sep 2004 at 23:05. |
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13 Sep 2004, 23:13 (Ref:1095776) | #6 | |
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But is he right? The pleading surely shows how even the biggest manufactorers have a financial limit, let's face it, there are now three teams that barely survive Formula one. Clearly enough, Jordan, Minardi and Jaguar (more or less) are on the virge of extinction.
Now am i a strong believer of survival of the fittest, but when i think about just 14 or 16 cars on the grid, where 4 cars can't cope with the top ten are driving chicanes... that is not the way to start 2005. So if the revenues go up for Ferrari, McLaren, Williams and Renault... they also go up for the others. Hopefully making them more competative too. With the new engine and aerodynamic -rules comming up, maybe they will be more competetive than we could hope for? Either way, don't knock it just because Ferrari says so... |
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14 Sep 2004, 08:29 (Ref:1096015) | #7 | |
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One thing you can be sure of is that Ferrari's motivation for wanting more money is not to improve the competitiveness of the lesser teams. Same goes for Mercedes, BMW, Honda etc etc - this is big business for big profit, and the big teams are motivated by that profit first and foremost.
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14 Sep 2004, 08:52 (Ref:1096028) | #8 | ||
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Ferrari have been threatening to quit F1 for over 30 years that I can remember.
Good bye then Ferrari,close the door on your way out. |
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14 Sep 2004, 09:22 (Ref:1096060) | #9 | |
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Offcourse has every team their own agenda concerning money, but we can rule out that the proffit is a higher motivation on a big team than a little team.. Minardi is simply running on fumes handed out by paydrivers, sponsors and left-overs from other teams... If anyone benefits from higher income it will be the little teams...
Ferrari and Williams are at their peak of what money can do, McLaren even spent millions on a motorhome just to look good in the paddock, money that could be better spend if i might ad. More money for them would simply meen that they can improve the Illy-machine in the paddock The small teams would be able to get a real car or at least a real driver, hired for their ability, not the cash they bring... Well, i just call it as i see it... |
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14 Sep 2004, 10:16 (Ref:1096118) | #10 | ||
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Quote:
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14 Sep 2004, 10:17 (Ref:1096120) | #11 | ||
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They wont quit,they never do.
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14 Sep 2004, 11:34 (Ref:1096189) | #12 | ||
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Of course they won't quite!
...they'll just start up another series with the other disgruntled teams. Bernie *is* going to lose at long last |
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14 Sep 2004, 12:17 (Ref:1096249) | #13 | ||
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With all the cash he's made by now, I wonder if he'd really worry?
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280 days...... |
14 Sep 2004, 12:24 (Ref:1096255) | #14 | |||
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Quote:
My guess would be the same person who they asked last time... |
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14 Sep 2004, 12:50 (Ref:1096287) | #15 | |
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If Ferrari et al think that they aren't getting enough out of the TV money why did they sign to the deal in the first place? When Bernie started out they needed him really bady, and he delivered big time. Bernie has made Ferrari and the other F1 teams one monstrous amount of money over the years, but now they've decided that things are too expensive and they need more money - rather than being sensible and looking at ways to limit running costs, which they persistently fail to do.
It is bad enough seeing the top teams squabbling all the time as things are - just imagine the fiasco if those top teams formed their own series. These bosses claim that they need to be in charge more - whereas the truth is that is the last thing that the sport needs. |
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14 Sep 2004, 14:29 (Ref:1096366) | #16 | |||
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Quote:
As someone else said, storm in a tea cup, can't ever see Ferrari leaving F1 myself. |
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That's so frickin uncool man! |
14 Sep 2004, 14:59 (Ref:1096384) | #17 | |
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Yes - Ferrari are trying to do that, or at least apply pressure. It's not just Ferrari of course - McLaren Mercedes, Williams BMW, Honda and Toyota were all talking about forming their own series if they couldn't get their way. Most likely they will succeed in getting a little more money - even more likely that the deal will not favour the lesser teams or promote better competition... quite the reverse.
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14 Sep 2004, 15:12 (Ref:1096391) | #18 | ||
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I believe I'm right in thinking that Ferrari currently get more of the existing pot than any of the other teams currently just for being Ferrari. The only way Bernie will lose is if all the teams stop crying wolf and actually create a new racing series like they keep threatening to. I suspect though that if they went ahead with it, Bernie would throw a huge wad of cash at Ferrari and destabilise the whole thing. As for Ferrari quitting, where else are they going to go?
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14 Sep 2004, 15:52 (Ref:1096418) | #19 | |
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Can't think that can be right - they might get more money because they score more points and thus get more prize money - but "just because they are Ferrari?". Come off it. Or am I wrong?
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14 Sep 2004, 17:59 (Ref:1096526) | #20 | ||
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Hopefully someone else can back me up here but I'm pretty sure that it's actually in the Concorde agreement that Ferrari get an extra £5m (I think) more than the other teams.
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14 Sep 2004, 18:37 (Ref:1096560) | #21 | ||
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I think that there the money is paid to the teams for various factors. There is the performance in teh previous years, but there is also a 'historical' factor, which is realted to how much the team is worth to F1. How this is worked out I don't know, but I guess each team probably negotiated it at some point?
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14 Sep 2004, 19:14 (Ref:1096608) | #22 | |
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Ferrari mnake quit threat.
Yeah, alright, blah, blah, blah, whatever.... |
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14 Sep 2004, 21:37 (Ref:1096766) | #23 | ||
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Ferrari leaving F1? I doubt it somehow.
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14 Sep 2004, 22:04 (Ref:1096798) | #24 | ||
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Let them go...
Yet another threat from a famous racing team. If they want to leave, let them.
It would clearly be a dark spot for Formula 1, however no race team is larger than the sport. It's as simple as that. It surely won't be the last team to utter hollow threats. Tye |
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14 Sep 2004, 22:09 (Ref:1096800) | #25 | ||
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F1 needs Ferrari, no doubt about that.
However, Ferrari need F1 just as much (quite arguably more so). |
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"The world is my country, and science is my religion." - Christian Huygens: 17th century Dutch astronomer. |
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