[Rumours] Concorde Money, best of the new teams and the potential for sandbagging

[wnut]

Fundementally agree with your logic browney.
Yet I do feel some of the teams are sand bagging and not putting in quite the effort you would hope!
Sponsors on the other hand should be very demanding and I think if you score a single point all your travel expenses for the next year are covered.
From that point on the profit is divided asymmetrically.
I think this is why Williams in particular is against anything that may benefit the new teams!

[wnut]

Mike Gascoines take on resource restrictions:


From http://www.grandprix.com/ft/ft22354.html


Q: A lot of people don't really understand resource restriction. How far is Lotus from being able to utilise fully what's allowed?

If you look at the aerodynamic resource restriction agreement we've only been using something like 20% of what we're able to do, but are now up around 60%. I think we'd favour more restrictions. The resource restriction agreement is a start but it needs to be taken further such that it makes the sport sustainable.

Q: What has it meant for a top team?

I think up till now, not a lot, but it is starting to and they are starting to lose people. But I think it's crazy when you have people arguing about cutting costs and then you look at all the new motorhomes – millions of pounds and 20 trucks to transport them around! I think we need to go a lot further than we are doing to cut costs in F1.

[Adam43]

Huge motor homes are irrelevant to the point of cost cutting. He's just jealous.

[duke_toaster]

Someone mentioned about seeing the Concorde Agreement. Racefax.com have a copy of the 1997 Concorde Agreement (you can get it on a free trial), where the money for each race is carved up like this.

20% on qualifying results, with 10% of that going to the polesitter going down with an arbitrary cut-off at 20th (it goes 55-45-40-zero).
45% on race results, with some at quarter, half and three quarter difference, most on the final finishing position, equally with an arbitrary 20th place cutoff.
17.5% on points to the scorers in the last two half seasons.
17.5% shared equally, but again with the arbitrary 10 team cutoff.

47% of the telly money went to the teams (the rest went in to the Midget's/CVC's pockets), again with the ten team cutoff.

It's almost as if it was written up to create a ten team closed shop. We don't know what it is now, only what it was pre-2007.

[MrTTraces]

They should make all the drivers sign 1 year contracts and they don't know which team they are driving for until they are picked just before the season starts.

The team that finishes last in the championship should get first pick of the drivers for the following season and second to last pick next and so on and so on.

That would be good.