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Old 20 Nov 2013, 23:19 (Ref:3334561)   #16
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Originally Posted by chillibowl View Post
this year wasnt boring because one team dominated. it was boring because all the other teams decided that trying this year was not in their best interests.

Letting this year go early is a high risk strategy if you are also rubbish next year! All your sponsors start heading for the door!
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Old 22 Nov 2013, 19:47 (Ref:3335361)   #17
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There have been some interesting rumours on the F1 structure front. In an Autosport article there is a suggestion that we may have 8 teams with 3 cars each in the near future. This idea is being driven by Bernie & CVC to reduce the cost to them of F1 and hence line their pockets even further.

The idea came out of the failure of the customer car concept which was not acceptable to the F1 teams.

The new idea would see both Caterham & Marussia being merged / taken over by other teams. Toro Rosso would be absorbed into Red Bull.
The two smaller teams are said to be already in talks with other teams and an anouncement might come shortly.

The majority of teams are said to be in favour of this plan. There are a number of ideas that the third car could run in different colours and or to be driven by a young driver.

It will be interesting to see if any of this plan happens. It will be toughest for the midfield teams left to finance the running of an extra car as it could be very difficult for them to score points under this system.

http://plus.autosport.com/premium/fe...-on-f1-agenda/
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Old 23 Nov 2013, 00:58 (Ref:3335473)   #18
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Originally Posted by wolfhound View Post
There have been some interesting rumours on the F1 structure front. In an Autosport article there is a suggestion that we may have 8 teams with 3 cars each in the near future. This idea is being driven by Bernie & CVC to reduce the cost to them of F1 and hence line their pockets even further.

The idea came out of the failure of the customer car concept which was not acceptable to the F1 teams.

The new idea would see both Caterham & Marussia being merged / taken over by other teams. Toro Rosso would be absorbed into Red Bull.
The two smaller teams are said to be already in talks with other teams and an anouncement might come shortly.

The majority of teams are said to be in favour of this plan. There are a number of ideas that the third car could run in different colours and or to be driven by a young driver.

It will be interesting to see if any of this plan happens. It will be toughest for the midfield teams left to finance the running of an extra car as it could be very difficult for them to score points under this system.

http://plus.autosport.com/premium/fe...-on-f1-agenda/
It would appear there is just no end to some people's greed!

Killing the goose that lays the golden eggs?
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Old 23 Nov 2013, 08:48 (Ref:3335600)   #19
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It would appear there is just no end to some people's greed!

Killing the goose that lays the golden eggs?
To the best of my knowledge most series organisers charge a commission of about 10% but CVC want 100% if they could get away with it.

They made over 550 million in 2012 from F1 and have all sorts of side deals with suppliers that it is difficult to workout exactly how much more. If 450 of that was shared between the 7 teams outside of the 4 big teams it would keep them in a nice position financially.

However must not forget the GP organisers who have to get about 300 from every spectator to make ends meet.
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Old 23 Nov 2013, 19:34 (Ref:3335781)   #20
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If you think that Bernie is the boss in F1 well he is but he has to answer to CVC and the man in control of that is Donald MacKenzie. He was in court recently to outline his side in the Bernie Eccelstone court case. He is not seen very often in the F1 paddock but what ha said can be found in the link below

http://www.bbc.co.uk/sport/0/formula1/25020379
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Old 24 Nov 2013, 12:30 (Ref:3336001)   #21
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To the best of my knowledge most series organisers charge a commission of about 10% but CVC want 100% if they could get away with it.

They made over 550 million in 2012 from F1 and have all sorts of side deals with suppliers that it is difficult to workout exactly how much more. If 450 of that was shared between the 7 teams outside of the 4 big teams it would keep them in a nice position financially.

However must not forget the GP organisers who have to get about 300 from every spectator to make ends meet.
As I've stated in another thread. It's not that the teams don't have enough prize money to survive, it's because some of the teams insist that it's shared out unfairly.

http://www.autoweek.com/article/20131006/f1/131009861
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Old 24 Nov 2013, 12:49 (Ref:3336005)   #22
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If 450[m] of that was shared between the 7 teams outside of the 4 big teams it would keep them in a nice position financially.
You would hope so!

That amount ought to keep all of them going!

And many high profile companies would consider a profit of 550m to be a poor return for such a high profile company.
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Old 27 Nov 2013, 13:39 (Ref:3337406)   #23
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A few words from Joe Saward on a Budget cap who can see the possibilites if one was brought in. However as usual the F1 teams cannot agree on anything so they end up in a spending arms race with Bernie as the ring master.

http://joesaward.wordpress.com/2013/...f1-budget-cap/
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Old 27 Nov 2013, 14:54 (Ref:3337428)   #24
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thanks for the link. i think he quite rightly points out the possible commercial benefits to a budget cap and alludes to a possible shift in public perception concerning how much is both spent and earned.

long run, if F1 goes public for 10bil is there a government in the world that could justify subsidizing the sanctioning fees for what basically amounts to a niche sport?

davyboy posted this link in a different thread and i thought it had some relevance here as well.

http://motorsportstalk.nbcsports.com...ar-comparison/

so the top team spends US$470mil and the bottom team spends us$75mil.

granted there are 9 other teams spending at various points in between those two extremes but still the disparity between top and bottom has got to be one of the largest among mainstream sports leagues.

putting notions of budget caps aside its a bit ridiculous that a top team would even want to race against a team with so much smaller of a budget. its like an adult taking pride in fighting children.

i cant define what pure racing is but its not that imo.
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Old 27 Nov 2013, 15:24 (Ref:3337441)   #25
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A few words from Joe Saward on a Budget cap who can see the possibilites if one was brought in. However as usual the F1 teams cannot agree on anything so they end up in a spending arms race with Bernie as the ring master.

http://joesaward.wordpress.com/2013/...f1-budget-cap/
Thank you for the link. Its a good piece and worth reading. I am not sure how this problem can be cured, if at all..
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Old 27 Nov 2013, 15:27 (Ref:3337443)   #26
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Thank you for the link. Its a good piece and worth reading. I am not sure how this problem can be cured, if at all..
All F1 teams agreeing to a budget cap perhaps!!!!!!!!
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Old 27 Nov 2013, 15:34 (Ref:3337445)   #27
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All F1 teams agreeing to a budget cap perhaps!!!!!!!!
Well of course that is obvious, however the teams do not seem capable of agreeing on anything do they !
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Old 30 Nov 2013, 07:01 (Ref:3338481)   #28
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I have never understood how a sport can be run where the players determine the rules and one player can veto a rule.
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Old 2 Dec 2013, 20:13 (Ref:3339475)   #29
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Public discussions about finances in F1 have always been around, but this year, things seem ugly and the pressure is clearly higher than ever before.

It's a real shame that talent is dissolved, based on the sponsorship and backing a driver can bring to a team. F1 fans want to see the best drivers, in the best cars, push as hard as they can - but alas, F1 is no longer like that.
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Old 3 Dec 2013, 06:52 (Ref:3339635)   #30
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There is a rumor that Sony may become McLaren's title sponsor.
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