GPWC presses on....

[Super Tourer]

Autosport-Atlas are reporting the latest on the GPWC.

http://www.autosport-atlas.com/News.aspx?id=43109&s=5

One point is a name change

Although a final decision has not been made by the parties involved about what the new name for the series will be, sources have told Autosport-Atlas that one of the favourites that has been discussed extensively during meetings is for the series to be called GPR - short for 'Grand Prix Racing'.


More interesting is the names involved in formulating the structure behind the proposed series and their various roles.

Sources have told Autosport-Atlas that the series organisers have set up four separate committees to focus on different elements of the Championship - with a chairman having been agreed to formulate opinion and create a rule book.

It is understood that the technical rules are being framed by Williams co-owner Patrick Head and McLaren F1 CEO Martin Whitmarsh, the sporting regulations are being led by McLaren team manager Dave Ryan and the media aspects are being led by BAR marketing director Alistair Watkins.

The legal aspects of a successor to the Concorde Agreement, the document by which F1 is run, are being led by Minardi boss Paul Stoddart and a lawyer from the Williams team.

At the same time, it's believed that Bernie E is close to a settlement of some sort in his long running court case with the banks

http://www.grandprix.com/ns/ns14456.html

[StickShift]

The legal aspects of a successor to the Concorde Agreement, the document by which F1 is run, are being led by Minardi boss Paul Stoddart and a lawyer from the Williams team.

Oh dear...

[Super Tourer]

Not surprised by that choice actually, Paul is well known for his in depth knowledge of the Concorde Agreement and always has a copy to hand - as Max Mosley can confirm , I am sure!

[SetikX]

Originally Posted by StickShift

Oh dear...

I dont see why its funny :P. I think that if the story is true - then the GPR format may infact fly. Companies would NOT commit such vital personal to a cause they were never going to join. INFACT, I believe what will happen is that what we know now as the GPR will become modern day F1 (Max, or whoever is in charge at the time will impliment a similar format to what GPR is proposing and thus 'compromising', f1 will still save face, and the teams will get a better deal.

I am v ery impressed with how they have divied up the responsibilities.

[StickShift]

Originally Posted by SetikX

I dont see why its funny :P. I think that if the story is true - then the GPR format may infact fly. Companies would NOT commit such vital personal to a cause they were never going to join. INFACT, I believe what will happen is that what we know now as the GPR will become modern day F1 (Max, or whoever is in charge at the time will impliment a similar format to what GPR is proposing and thus 'compromising', f1 will still save face, and the teams will get a better deal.

I am v ery impressed with how they have divied up the responsibilities.

I would not put a minnow in charge of a set of rules and regulations for companies that are going to be spending hundreds of millions of dollars on the sport. It's a recipe for disaster.

[Kicking-back]

Originally Posted by StickShift

I would not put a minnow in charge of a set of rules and regulations for companies that are going to be spending hundreds of millions of dollars on the sport. It's a recipe for disaster.

I'd rather have an independent mind like him than one of the manufacturers.



Anyway, as long as we don't have two separate "F1" series, all will be fine.

[Xpunk75]

I'm really worried about this, I hope they dont split and ruin 55 years of Tradition over rules and money.

[Red]

Oh my! Paulie is in charge!! With legal aspect no less! Oh dear..

[ralf fan]

I think they will reach an agreement.... Ferrari needs competitors to make the sport interesting and over the long term it really is Mac and Williams who have the pedigree to provide this competition.

Meanwhile Ferrari are so marketable that would a "second f1" be as appealing to "casual fans" without a Ferrari?

An agreement should be reached but these meetings and making of rules are probably a statement of intent by the GPWC to Bernie and a back up plan for a last resort splitting if it is impossible to continue...

[mixxer]

Maybe Stoddart is the only person who stepped up to the plate on that issue

[Logrence]

Stoddart is a good choice.

I'm of the opinion that one of them will have to go - there will be an F1 series, at any rate - who it's run by is the question.

[Kicking-back]

That's exactly it, Logrence.

This is about control.

No-one gains from two rival series - and that won't happen.

[StickShift]

I agree. GPWC is still just a bargaining ploy at this point. Effectively, the series isn't drafting their own consitituion. They are drafting their demands for the 'new' F1.

That being said, if things aren't resolved by 2006. I think GPWC will be in full stride forward.

[Logrence]

I see Bernie cashing in his billions and selling the F1 rights to 'GPR' for a couple more billion.

That's the sensible option, at least. What's the point in being one of the world's richest men if you can't spend a little?

[pole2pole]

Originally Posted by StickShift

I agree. GPWC is still just a bargaining ploy at this point. Effectively, the series isn't drafting their own consitituion. They are drafting their demands for the 'new' F1.

That being said, if things aren't resolved by 2006. I think GPWC will be in full stride forward.

Thats the way I see it. Things are really gathering pace and it could happen. Surely Mr E will have to give in.