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Old 14 May 2003, 14:02 (Ref:598766)   #1
Cobra
Racer
 
Join Date: Mar 2003
Location:
United Kingdom
Posts: 161
Cobra should be qualifying in the top 10 on the grid
Could be the end of Bernie

Looks like the wedge that is being driven slowly between Bernie E and F1 is getting ever stronger.
Mr Luca de Montezemolo the head of Ferrari has told Bernie that if by the end of the year he has not come up with a more realistic way of distributing the cash that is generated by F1 then the teams that he represents (Fiat Renault Ford BMW and others) will walk away from him for sure and do there own thing.
He has said that at the moment the teams between tem receive 47% of the TV money and that it is just not enough.
They also want a share of the track advertising and ticket sales.
It would appear that they have got the upper hand in this situation but does anyone know what Bernie proposes to do about it.

Last edited by Cobra; 14 May 2003 at 14:03.
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