HomeHome  CalendarCalendar  FAQFAQ  SearchSearch  MemberlistMemberlist  UsergroupsUsergroups  RegisterRegister  GamesGames  Log in  

Share | 

 Ferrari Threaten to Quit

Go down 

Posts : 10316
Age : 28
Location : Brisssyyyyyy

PostSubject: Ferrari Threaten to Quit   Wed May 13, 2009 4:19 am

Ferrari have threatened to quit Formula 1 at the end of the season if the sport continues with plans to introduce an optional £40m budget cap from 2010.
"If the regulations for 2010 will not change, then Ferrari does not intend to enter cars in the next Formula 1 world championship," read the statement.
Ferrari fear the evolution of a two-tier championship, between those teams who adopt the cap and those who do not.
The teams will discuss the plans with FIA chief Max Mosley in the next week.
But motorsport's governing body, the FIA, has so far refused to be drawn into a public discussion about Ferrari's threat.
"We have nothing to add to the letter sent to Ferrari on 29 April," said an FIA spokesman, referring to a letter sent to Ferrari president Luca di Montezemolo in which FIA chairman Max Mosley rejected the team's complaints about the budget cap.
Ferrari insist their announcement is not simply posturing or a political move.
"For the first time ever in F1, the 2010 season will see the introduction of two different sets of regulations based on arbitrary technical rules and economic parameters," their statement added.
"The board consider that if this is the regulatory framework for F1 in the future, then the reasons underlying Ferrari's uninterrupted participation in the world championship over the last 60 years - the only constructor to have taken part ever since its inception in 1950 - would come to a close."
Ferrari's stance has divided opinion on whether or not they will go ahead with their threats of withdrawing.
Former team boss Eddie Jordan told the BBC: "Maybe this isn't the posturing that most people think it is - I wouldn't be certain that they wouldn't carry this out.
"Ferrari shareholders are very concerned at the losses that are being made in the company at this time, the credit crunch has had an impact, and I think this (announcement) is different.

"Everyone concerned would be very silly not to put 100% of their time, effort and diligence into making sure there is compatibility between the sport, the governing body and Ferrari."
The announcement will put to the test Mosley's resolve after he claimed earlier this month that F1 could live without Ferrari, the sport's most famous, most successful and longest-tenured team.
"The sport could survive without Ferrari," he said. "It would be very sad. It is the Italian national team."
But F1 supremo Bernie Ecclestone told The Times he expected things would be thrashed out as it was in nobody's interests for Ferrari to leave the sport.
"Ferrari are not stupid," he said. "They don't want to leave Formula 1 and we don't want to lose them, so we'll get to grips with it."

However, Toyota and Red Bull have also already threatened not to enter next year's championship unless the new rules change.
Ferrari criticised the lack of consultation from the FIA, who want an optional £40m budget cap in order to encourage new teams to enter.
The plan would allow capped teams to operate with far greater technical freedom than those continuing with unlimited budgets.
Di Montezemolo has warned it would create a two-tier championship that could be "fundamentally unfair and perhaps even biased".
The FIA has set a deadline of 29 May for teams wishing to compete in 2010 to enter and state whether they want a cap or not.
But, BBC Five Live Formula 1 correspondent David Croft fully expects Ferrari to line up on the grid in 2010, despite the threat.

"I would be amazed if Ferrari aren't racing in 2010," he said, "I think this is just the opening of a series of discussions that will take place between the sports most historic team and the governing body.
"It's inconceivable that we would have Formula 1 without Ferrari. Mosley says the sport doesn't need them, but I think a lot of people would beg to disagree."
That is a sentiment echoed by the sport's drivers, with world champion Lewis Hamilton saying he "could not imagine" F1 without Ferrari while Renault's Fernando Alonso added it was "impossible" for it to happen.
Ferrari, the sport's oldest and most successful team, also threatened a pull-out in October if proposals for a standard engine for all teams went ahead.


typical ferrari Rolling Eyes complain until they get their own way

but saying that it will be a huge loss for the sport if they do pull out
Back to top Go down
View user profile http://www.myspace.com/jimmy131289

Posts : 11350
Age : 27
Location : Seeing Sounds.

PostSubject: Re: Ferrari Threaten to Quit   Wed May 13, 2009 5:20 am

This is good from Ferrari, having a Cap is ridiculous, 40M is nowhere near enough.

Somewhere is the vicinity of 150-200M is perfect, plus without Ferrari there is NO F1.
Back to top Go down
View user profile

Posts : 3473
Age : 27
Location : Sunshine Coast

PostSubject: Re: Ferrari Threaten to Quit   Wed May 13, 2009 10:44 am

Whingers, long gone are the days of the F1's success relying on McLaren and Ferrari, now is the time of Brawn and RBR.

If they can't hack it who gives a shit.

Although, the cap is ridiculous :p
Back to top Go down
View user profile

Posts : 7133
Location : Hastings, New Zealand

PostSubject: Re: Ferrari Threaten to Quit   Wed May 13, 2009 9:52 pm

if the cap is optional then whats the problem?
Back to top Go down
View user profile
Pat Macrack

Posts : 1213
Age : 27
Location : Northern Beaches, Sydney.

PostSubject: Re: Ferrari Threaten to Quit   Thu May 14, 2009 5:17 am

I agree with you Sparky...the budget cap needs to be much higher. And yes, the cap is optional, but we don't want to have a "two-tier" championship, with the richer teams, e.g. Ferrari, McLaren, continuing to prosper, while the smaller teams continue to struggle both on and off the track.

Sure, it's great to see six or seven new teams interested in joining the grid next year.

However, with Ferrari, Toyota, RBR/STR and BMW threatening to pull out, and even the possibility of McLaren doing likewise, it would leave a massive hole. The championship needs the manufacturers taking part.
Back to top Go down
View user profile
Sponsored content

PostSubject: Re: Ferrari Threaten to Quit   

Back to top Go down
Ferrari Threaten to Quit
Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
 :: Sports Discussions :: Motorsport-
Jump to:  
Free forum | © phpBB | Free forum support | Report an abuse | Free forum