Finally, FIA today announced the teams participating in F1 2010. And lo and behold, Ferrari and friends are among them. Also, it was announced that FIA president Max Mosley will not stand for re-election this fall – reportedly a demand from the breakaway teams in FOTA. According to the press release, the teams have agreed to decrease costs of competing
Ferrari’s PR department keeps making fun of FIA. In their news today, they published a report saying that Team Ferrari is valued higher than Formula 1 as a sport property. Just shortly, no values added to the article – simply stating the obvious facts. “Value of Ferrari higher than Formula 1“ Compare that to the bickering of FIA in the
It did not take long for FIA to react to FOTA’s announcement of breakaway F1 series. Yesterday, FIA issued the following statement at their website FIA.com The FIA’s lawyers have now examined the FOTA threat to begin a breakaway series. The actions of FOTA as a whole, and Ferrari in particular, amount to serious violations of law including wilful interference
Yesterday, the eight members of FOTA announced that they will start a new Formula One series. Among these teams, you find the likes of Ferrari, McLaren and Renault. It will be exciting to see how FIA and the circuits respond to this! As the International Motorsports Federation (FIA) wanted to make F1 more equal with the help of cap rules,
Ferrari, Toyota, Red Bull and Renault went to court to stop FIA’s new cap. Today, they were rejected in a Paris court after the judge ruled that the teams had their chance to issue a veto at the World Motor Sport Council this spring, but failed to do so and thus forfeited their chance to legally stop the cap. Superstar
Ferrari (again) threatens to leave F1. Why? Because of plans for a voluntary £40 million cap. They claim they are afraid of a two-tier circuit with some teams going by the cap and some not. In October 2008, Ferrari also threatened to leave because of the proposed standard engine. Seems like the Italian powerhouse is afraid they will not be