Should the FIA and the teams bail out of F1 together?

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Should the FIA and the teams bail out of F1 together?



In an age where we will see an increased in self driving vehicles and a decline of petrol engines can the pinnacle of motorsport afford to be drained from resources, be poorly governed and be alienated from it's fan base? I think that question is not too hard to answer.

Most of the problems F1 is facing today are sourced from the way F1 is owned and government. It's simply can't afford to continue this way otherwise it will become extinct much earlier than it would due to natural evolution.

• Track fees?

• Traditional tracks under threat

• Race organizers being unable to fund races.

• Pay-per-view

• Small teams without finance or influence

• FIA with too little funds and influence

• Strategy group being completely ineffective

• A lack of understanding, vision or funding to properly address the issues with the technical regulations of the cars.

• No single problem being addressed at the root cause, because the root cause is blocked contracts or ineffective government structures.

All stem from the basic fact that the commercial side of things has been allowed to **** up F1 based on it's passed success. Bernie says that the technical rulebook is a house of cards that needs to be rewritten from the ground up when in fact it is F1 as whole that needs to be rewritten otherwise it will self accelerate it's own extinction as we slowly start leaving the petrol age. We can't afford to mess about any longer.


The solution?

So how to address this? The FIA and the teams should bail out of F1 together and set up a separate championship under a different name.

That way you get rid of the ineffective government structures, all the contracts and the ghosts in the closets that Bernie created. Reduce the commercial side to an entity co-owned by the FIA and the teams with the sole task of providing the FIA and teams with cash and maximizing the viewers and fan base. Set up a government structure that is effective with the FIA having majority influence and ALL teams have their say. Make sure the money gets distributed in a way that allows small teams a fighting chance for a victory, allow people to visit races for acceptable fees or let them watch on normal TV to increase the viewers and fan base to make it worthwhile for manufacturers and sponsors.

You keep this up for a few years, the F1 brand value will have crumbled, you buy it back for pennies and all is good again. Better yet, commit to this plan as FIA and the teams, threaten to walk away and reform F1 on the FIA's and the teams terms.