Quote:
Originally Posted by Moneyseeker
Although Liberty/Malone own a small stake in FE, I blieve that Agag cleverly got agreement from the FIA that FE would be the only full elctric single seater FIA world championship series. In theory Liberty would have to buy FE in order to make F1 full electric.
Been an interesting year for FOM and their investors have they have seen how vulnerable F1 is global conditions, not owning any circuits themselves and now manufacturers pulling out leaving teams without engines.
I have always said that FOM/Liberty will never make the return on F1 that BE/CVC did and I still believe that. In order to protect their investment...
They should go back to companies that were looking at developing engine and see what can be developed as a stock F1 engine in the realisation that no other car manufacturer is going to build an ICE F1 engine now.
Buy their own circuit so they will always have a base for races/testing and where they could develop an European F1 experience - Liberty are in the entertainment inudstry aren't they - and then you would have a tangible asset, not just a load of contracts that as this year shoed, can be proved to be worthless.
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Can’t fault some of this logic
We could be heading for another Cosworth DFV type era with 1 specialist racing engine (and Ferrari) that puts more oneness on racing teams and constructors rather than engine manufacturers.
The cost cap will help with this