FOTA sans Ferrari...
Ferrari quits FOTA
FOTA sans Ferrari...
By Tifosa
December 3 2011
Ferrari has left the Formula One Teams’ Association (FOTA), in what comes as no surprise given the recent noises of dissatisfaction emanating from discussions regarding the future of FOTA. World champion Red Bull has left the teams’ outfit as well.
FOTA sans Ferrari...
December 3 2011
Ferrari has left the Formula One Teams’ Association (FOTA), in what comes as no surprise given the recent noises of dissatisfaction emanating from discussions regarding the future of FOTA. World champion Red Bull has left the teams’ outfit as well.
The floundering FOTA has faced strong rumors about its demise since it transpired that few teams may have been in violation of the resource restriction agreement (RRA). Though all the F1 teams pledged to solve the problems facing the organization, FOTA'S future continued to be in jeopardy towards the end of the 2011 season as teams did not agree on several issues.Now with the loss of Ferrari, one of the driving forces behind the setting up of FOTA, and double world champions Red Bull, FOTA’s continued existence is in serious doubt
Ferrari has confirmed the move on its website and says that the decision wasn’t an easy one. Excerpts from the team’s statement:
“Ferrari has informed FOTA President Martin Whitmarsh that it is leaving the organisation made up of the teams competing in the Formula 1 World Championship. It was a difficult decision and a great deal of thought went into it. It was taken reluctantly after analysing the current situation and the stalemate when it came to debate on some issues that were at the core of why the association was formed, indeed with Ferrari and Luca di Montezemolo as the main instigator and promoter of ideas. It’s not by chance that the President of the Maranello company held that same position and job title within FOTA up to the end of 2009.”
Meanwhile, Red Bull has also released a statement confirming their departure from FOTA.Here is the statement from Red Bull Racing regarding FOTA: "Red Bull Racing can confirm it has served notice to withdraw from FOTA (Formula One Teams' Association).The team will remain committed to finding a solution regarding cost saving in Formula 1."
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| 3 Dec, 2011 03:08 | Report |
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Ferrari (IP Logged) Unregistered User |
Ferrari quits FOTA
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| 4 Dec, 2011 11:20 | Report |
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| 5 Dec, 2011 12:42 | Report |
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Merlin wants to hear this one too. Please continue. |
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| 5 Dec, 2011 12:45 | Report |
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| 5 Dec, 2011 13:43 | Report |
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Merlin wants to hear this one too. Please continue. |
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Re: Ferrari quits FOTA
The funny part is that they haven't actually quit. All they've done is announced that they are not going to renew. In reality, they are still full blown memebers. They've done it every single year for the last 5 years. They also did it in 2002.
Ferrari always does it as a muscle move to make sure they get more money from FOM than anybody else. They think to this day that the sport exist SOLELY because they are in it, so they demand to be paid for it.
Given the lack of interest in the sport and the fact that contracts and sponsorship is shrinking at an alarming rate, they just want to make sure they get their usual payoff...and maybe a bit more.
They wont actually be out of FOTA until next year. If a new Concord agreement is signed, it'll all pass as usual and nothing will come of it.
I think Red Bull are just jumping on the bandwagon looking for the same kind of handout. They're not going to get it and it's probably going to edge Red Bull towards bowing out of F1 altogether within the next 4 years.
You heard it here first.
Ferrari always does it as a muscle move to make sure they get more money from FOM than anybody else. They think to this day that the sport exist SOLELY because they are in it, so they demand to be paid for it.
Given the lack of interest in the sport and the fact that contracts and sponsorship is shrinking at an alarming rate, they just want to make sure they get their usual payoff...and maybe a bit more.
They wont actually be out of FOTA until next year. If a new Concord agreement is signed, it'll all pass as usual and nothing will come of it.
I think Red Bull are just jumping on the bandwagon looking for the same kind of handout. They're not going to get it and it's probably going to edge Red Bull towards bowing out of F1 altogether within the next 4 years.
You heard it here first.
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| 6 Dec, 2011 05:19 | Report |
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Re: Ferrari quits FOTA
Bernie Ecclestone is all smiles 
Talking of Ferrari, i guess they and Mclaren deserve a bigger pie for sticking with this sport for long, while all this new fizz companies would come and go when they feel it's not worth their brands anymore.
I say kudos for Ferrari and Mclaren for sticking with the sport
Tomorrow Merc may get out, they might take their engines away, but Mclaren would still stay, that's the spirit and i guess the only other team apart from Ferrari and Mclaren that have that passion for F1 is Williams.
Cricket India
Talking of Ferrari, i guess they and Mclaren deserve a bigger pie for sticking with this sport for long, while all this new fizz companies would come and go when they feel it's not worth their brands anymore.
I say kudos for Ferrari and Mclaren for sticking with the sport
Tomorrow Merc may get out, they might take their engines away, but Mclaren would still stay, that's the spirit and i guess the only other team apart from Ferrari and Mclaren that have that passion for F1 is Williams.
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| 6 Dec, 2011 19:57 | Report |
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| 8 Dec, 2011 08:42 | Report |
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Re: Ferrari quits FOTA
I guess not, Ferrari went without winning a thing for many years, yet they stuck to F1, so also did Mclaren, and the same is the case with Williams. I don't count on a team like Red Bull to do the same.
Cricket India
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| 8 Dec, 2011 12:29 | Report |
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| 8 Dec, 2011 13:08 | Report |
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| 9 Dec, 2011 04:44 | Report |
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Re: Ferrari quits FOTA
i know that you are never wrong but i did hear somewhere that williams also get paid 'heritage money'. should i actually discount this rumour because you said that no one other than ferrari get, in a sense, extracurricular payments? i mean.. you are never ever wrong.
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| 9 Dec, 2011 06:56 | Report |
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Re: Ferrari quits FOTA
I doubt whether Mclaren would allow only Ferrari to get the favours after all these years. It's really dumb of them to do and Williams too if they are. They should bet getting some serious tuitions on business.
Cricket India
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| 9 Dec, 2011 12:24 | Report |
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| 9 Dec, 2011 15:41 | Report |
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Re: Ferrari quits FOTA
that's a bit of a climbdown isn't it? your statement was clear and unequivocal, ' to this day in the entire history of F1 etc etc etc'.
maybe, just maybe you need to be not so strident in your prevarication just in case you are wrong. i see your latest post has a qualification re FOM!! i sense an element of surprise. as i said, only a rumour but one that you need to follow up if you are to retain your cred re the original post. maybe you can find a loophole.....
maybe, just maybe you need to be not so strident in your prevarication just in case you are wrong. i see your latest post has a qualification re FOM!! i sense an element of surprise. as i said, only a rumour but one that you need to follow up if you are to retain your cred re the original post. maybe you can find a loophole.....
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| 9 Dec, 2011 17:56 | Report |
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| 10 Dec, 2011 07:50 | Report |
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Re: Ferrari quits FOTA
i believe that one of LdeM's pet peeves is the fact that some FOTA members do not want to see three car teams.
i personally would rather see three ferraris on the grid,all fighting, rather than any of those bottom teams as they, in all seriousness, are going nowhere.
let teams form and have access to ferrari/maclaren/red bull cars.at the moment the three bottom teams are to a large extent invisible and have no relevant race focus. they get almost nil TV exposure and therefore cannot attract serious sponsors. what is the point?
they make up the numbers and provide, to a minimum extent, a platform for either old has beens or new blood cutting their respective F1 teeth. that is all very admirable but does zippedy doo dah for the 'race day'. i think that luca has a valid point...for discussion and maybe implementation.
i personally would rather see three ferraris on the grid,all fighting, rather than any of those bottom teams as they, in all seriousness, are going nowhere.
let teams form and have access to ferrari/maclaren/red bull cars.at the moment the three bottom teams are to a large extent invisible and have no relevant race focus. they get almost nil TV exposure and therefore cannot attract serious sponsors. what is the point?
they make up the numbers and provide, to a minimum extent, a platform for either old has beens or new blood cutting their respective F1 teeth. that is all very admirable but does zippedy doo dah for the 'race day'. i think that luca has a valid point...for discussion and maybe implementation.
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| 10 Dec, 2011 13:56 | Report |
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Merlin wants to hear this one too. Please continue. |
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Re: Ferrari quits FOTA
Quote:K1
that's a bit of a climbdown isn't it? your statement was clear and unequivocal, ' to this day in the entire history of F1 etc etc etc'.
maybe, just maybe you need to be not so strident in your prevarication just in case you are wrong. i see your latest post has a qualification re FOM!! i sense an element of surprise. as i said, only a rumour but one that you need to follow up if you are to retain your cred re the original post. maybe you can find a loophole.....
I have finished researching it. Williams have never recieved a contracted payment from FOM or the FIA.
I had figured since you were the one spouting off at the mouth about it, you would clue us in.
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| 10 Dec, 2011 22:02 | Report |
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K1 (IP Logged) Registered User |
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Re: Ferrari quits FOTA
you really do have problems in reading and inwardly digesting the comments contained. read my post again parmigiano. i said that it was a 'rumour'. do you understand what a rumour is? if not then i will take the liberty of explaining it to you as succinctly as possible...'usually gossip or hearsay, mostly verbal'.
i see that you have again introduced the term . 'contracted payment' as an emphatic point missing from your original post!
all that aside, i will attempt to dig deep and see if their is any validity to these/this 'rumour'. there may be no substantiation but then again i will keep an open mind.
i see that you have again introduced the term . 'contracted payment' as an emphatic point missing from your original post!
all that aside, i will attempt to dig deep and see if their is any validity to these/this 'rumour'. there may be no substantiation but then again i will keep an open mind.
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| 11 Dec, 2011 12:13 | Report |
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Merlin wants to hear this one too. Please continue. |
Date Joined: Jun, 2004 Location: Suwanee, Georgia USA Posts: 6167 |
Re: Ferrari quits FOTA
You are comparing a rumor to a fact. You then suggested to me the rumor may be a fact by suggesting I didn't know if it was or wasn't.
That is why I researched it. To me, it was just that: a rumor that is as worthless as the rumor that you're actually a drag queen playing it straight. I've not bothered to actually research that rumor though, as I have absolutely no interest in it.
That is why I researched it. To me, it was just that: a rumor that is as worthless as the rumor that you're actually a drag queen playing it straight. I've not bothered to actually research that rumor though, as I have absolutely no interest in it.
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| 11 Dec, 2011 13:09 | Report |
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| 11 Dec, 2011 17:29 | Report |
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Merlin wants to hear this one too. Please continue. |
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| 11 Dec, 2011 21:13 | Report |
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K1 (IP Logged) Registered User |
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Re: Ferrari quits FOTA
aren't you the clever one parmigiano ? wow, i made a typo. so what? should i rush out a universal 'mea culpa', slit my wrists, take hemlock? when pressed you crumble and rely on overly simplistic methods to avoid being asked to substantiate your pathetic attempts to be seen as the F1 guru.
all this from the same guy who thought that the 'plastic' engine mock up in the new maclaren was real and that it was actually started up and ran in a public display in berlin. i rest my case.
all this from the same guy who thought that the 'plastic' engine mock up in the new maclaren was real and that it was actually started up and ran in a public display in berlin. i rest my case.
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| 11 Dec, 2011 21:50 | Report |
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K1 (IP Logged) Registered User |
Date Joined: May, 2007 Location: Posts: 6966 |
Re: Ferrari quits FOTA
i do apologise to all the other posters here for what might appear to be a trivial debate. if you haven't already guessed i do not take kindly to being subjected to epithets that border on being 'defamatory' although a 'vigorous' debate is to me what is the essence of boards such as this.
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| 12 Dec, 2011 10:19 | Report |
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K1 (IP Logged) Registered User |
Date Joined: May, 2007 Location: Posts: 6966 |
Re: Ferrari quits FOTA
heres one for you parmigi,
as i said i would do some research and i have come up with some information to, more or less, support my quoted rumour.
via james allen he says that stated within the FOA's accounts the prize pool has an extra column headed 'historical' [heritage] and for 2010 the amount was $100m and the split was as follows....
ferrari 40% $40m
mclaren 22.5% $22.5m
renault 20% $20m
williams 17.5% $17.5m
now correct me if i am wrong but that seems to be, 'prima facie', suitable substantiation to what i determined as a rumour. where does that leave you now with your statement that no team other than ferrari have ever, repeat, ever received a contracted payment from either the FOM or FIA? looking rather foolish i would suggest.
as some italians would say 'fare una brutta figura' [apologies for the translation]
i would now request that you either withdraw your comments or, as i expect,you will find some other diversion to avoid this embarrassment. when looking for authenticity and judging whether or not i would accept JA's info or yours parmigi i happen to think that the aforementioned has cred that you could only dream of having.
have an extremely nice day.
as i said i would do some research and i have come up with some information to, more or less, support my quoted rumour.
via james allen he says that stated within the FOA's accounts the prize pool has an extra column headed 'historical' [heritage] and for 2010 the amount was $100m and the split was as follows....
ferrari 40% $40m
mclaren 22.5% $22.5m
renault 20% $20m
williams 17.5% $17.5m
now correct me if i am wrong but that seems to be, 'prima facie', suitable substantiation to what i determined as a rumour. where does that leave you now with your statement that no team other than ferrari have ever, repeat, ever received a contracted payment from either the FOM or FIA? looking rather foolish i would suggest.
as some italians would say 'fare una brutta figura' [apologies for the translation]
i would now request that you either withdraw your comments or, as i expect,you will find some other diversion to avoid this embarrassment. when looking for authenticity and judging whether or not i would accept JA's info or yours parmigi i happen to think that the aforementioned has cred that you could only dream of having.
have an extremely nice day.
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| 12 Dec, 2011 12:16 | Report |
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Date Joined: Feb, 2010 Location: Posts: 350 |
Re: Ferrari quits FOTA
Without going researching, lol, i say, all these teams deserves it for sticking around for so long and most importantly for their fans who still love the sport.
Cricket India
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| 13 Dec, 2011 04:36 | Report |
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K1 (IP Logged) Registered User |
Date Joined: May, 2007 Location: Posts: 6966 |
Re: Ferrari quits FOTA
yes, i would tend to agree with that in principle however let's not forget that these teams [personnel] have what i think are the best possible jobs in the universe. if you love the sport/business then you make all the sacrifices necessary to stay there. that shouldn't be too hard should it. let's also not forget that apart from having great jobs they also get remunerated exceptionally well that should ease any possible pain suffered as a result of performance stress.
all these, and obviously some other reasons, are why some teams are still there and some have vanished. those that have vanished would be almost exclusively down to financial deprivation.
all these, and obviously some other reasons, are why some teams are still there and some have vanished. those that have vanished would be almost exclusively down to financial deprivation.
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