DC All Wheel Drive
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While I agree that it's probably not going to happen (mostly due to the fact that it's in each party's best interest to stick together), I do think the FOTA have a valid path forward to start their own series. If for some reason an agreement cannot be worked out, then I hope we don't end up with a situation as happened when CART and IRL split....
Many observers have said the teams won't set up another championship because they're too focused on selling cars. But the FOTA has already spoken to Carmelo Ezpeleta, whose Dorna Sports company is in charge of Moto GP, and who has experience in taking control of the series from the FIM. If he can provide a turn-key solution, the teams can stick to doing what they do best.
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--AlanAutoBlog wrote:Take a poll anywhere outside of Max Mosley's or Bernie Ecclestone's motor homes and you'll probably find a preponderance of F1 fans rooting for the Formula One Teams Association. When the FOTA announced a breakaway series for 2010, it took just about 12 hours for the FIA to uncork its laywers. Just two days later, says F1 Live, at the British Grand Prix, Mosley himself said "There won't be any writ. I think we would rather talk than litigate," so everyone could "sit down and iron out the last few difficulties."
After the vitriol in the FIA's lawsuit announcement and the matter of Mosley's rather grand persona, it's hard to believe that this 48-hour about-face is anything other than a frank admission that Formula 1 means little without its marquee teams. Bernie has also chimed in, saying the FOTA can't afford to run a breakaway series, and he can't understand why they'd want to try when he's already arranged everything for them.
Of course, it hasn't helped things that, also during the British GP, Mosley reportedly called the FOTA members "loonies." Nor does it help that the FOTA has already proposed a 17-race calendar for next year -- including Montreal, Indianapolis, Buenos Aires, and Magny Cours, and it has a new name for the series: New Formula. In spite of Mosley's repeated assurances that a deal is close, it can't be a good omen that the FOTA has said they are nowhere close to a deal. Indeed, it may be possible that the FIA might be obligated to oversee the new series. The next six weeks will be some of the biggest the sport has ever seen.
--AlanAutoBlog wrote:After all of this year's soap opera stories in Formula One, it appears there will be a unified championship series next year after all. According to The Times UK, controversial F1 boss Max Mosley has been "forced into a humiliating climbdown as president of the FIA," and his reign is over effective today.
Apparently, with the Formula One Teams Association's (FOTA) plan to build its own breakaway series and take most of its highest-profile (and highest-dollar) draws away with it, the FIA realized that something had to be done. Eight teams, including Ferrari, McLaren, BMW Sauber, and Brawn GP had pulled out of the series over concerns relating to a new £40m budget cap (around $66m USD).
With Mosley's departure effective immediately, F1 teams and the sanctioning body have agreed to cost cuts with the goal of getting spending outlays back down to the that of the early Nineties within two years.
Mosley has agreed to end his 16 year term at the FIA and not seek re-election to another office.
Now that brings tears of joy to my eyes!!!!!!WRXWagon2112 wrote:Mosley has agreed to end his 16 year term at the FIA and not seek re-election to another office.