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So, the independants back the manufacturers............... exeptMinardi !!?!?!?!:oThe F1 manufacturers make a statement
The five manufacturers involved in Formula 1, other than Ferrari, have issued a statement about today's meeting of the Formula 1 teams at Cliveden in England. The document was issued by BMW, DaimlerChrysler, Honda, Renault and Toyota. The statement said that the five major manufacturers and nine teams reached the following understanding.
They unanimously agreed upon the establishment of a new framework for their participation in Grand Prix motor racing post 2007. They confirmed and fully endorsed technical rules and regulations and the "Governing Principles for Grand Prix Motor Racing" previously developed by the major manufacturers. They confirmed their support of the principles of premier Grand Prix motor racing post 2007 as described by International Sport and Entertainment today. They agreed that when the series is established they will guarantee from 2006 the supply of competitive engines at an affordable price to a second team which commits to such series. They agree to continue to co-operate together and to establish technical, sporting and governance working groups with appropriate specialists, operating within a defined timetable and brief to document in full a new structure and regulations for the sport so as to put the teams in a position to participate in a timely and orderly manner in 2008. They also agreed that all teams be invited to join on equal terms.
Sauber, Red Bull and Jordan "warmly welcome" the above and agree to respond formally with their positions on the document, following further internal consultation.
Comments
so maybe that's why it's not there:cool:
From the articel
"The statement said that the five major manufacturers and nine teams reached the following understanding."
It would indicate that Minardi is on board too, maybe
there are just a few lines missing:
Paul Stoddard from Minardi was unavailable for comments
as he was on a long phone conversation with FIA saying:
"Let me quote it again in case you missed it the first few hundred
times:
- All parties further agree that all Teams are invited to join on equal terms.
- the supply of competitive engines at an affordable price "
It is run by Car manufacturers and they only have two things in mind, making money and themselves.
Are they really going to be concerned about small independent teams who will just make up the numbers in this new series?
(but whatever i think hardly matters to anyone :cool:
Why:
Well first there is the issue of the money. Now all profits go to Bernie and
a very small part is fed back to the teams. Bernie is out to make money
for him and the three banks.
GPWC is run by the Car manufacturers who's core business is making cars
They race for publicity and spend a lot of resources on getting publicity.
So there is a good chance that there will be bigger parts of the profits for the
teams.
Also they commited to providing engines for an affordable price to a second
team, so that could be a good thing too as this might enable the independents
to close the gap a bit to the big teams and get a nice new exciting race class
Now FIA could all have arranged this as well, but so far they haven't done
so, all they seem to be doing is introducing last minute chances that costs even
more money and they seemed to be a bit bias for TOIT.
If a new organization is needed to get things done that the old one doesn't
want to, then sadly, that might be the way to go.
As a wise old men once said.
Don't keep trying to run through a brick wall if you can walk around it.
STODDART IMPRESSED BY GPWC
Last Updated: Thursday, 17, February, 2005, 11:21
Paul Stoddart believes that the GPWC have “raised the stakes” in the battle for the future of F1.
Stoddart and eight of his fellow team bosses met officials from the rival championship in Slough on Wednesday.
The GPWC put on a presentation which Stoddart described as “incredibly professional and well thought through, put together by a well-funded, ready-to-go organisation".
He went on: "We are at the early stages of what is going to be a long, drawn-out battle for the future of Formula 1. I am hopeful for a peaceful solution.
“But if the package put to the nine teams yesterday proves deliverable, and it is very attractive indeed, that would be sufficient to make most people sign up to it."
Under the terms of the new series, teams would receive a larger proportion of the sport’s revenues, and the money would be divided more equally.
However, Stoddart said: "Money is not the prime mover for a lot of those who sat around the table yesterday. Corporate governance is of far greater importance.
"The pledge to treat all teams equally and to ensure transparency and proper sporting and technical regulation was critically important. The meeting left no one in any doubt that the stakes have gone up."
Bernie, trudging disconsolately down pit lane as the song leads in..........'so what becomes of you my love? when they have finally stripped you of......the handbags and the glad rags that the racers had to sweat so you could buy.
Make it so No. 1
slough hehe what a place almost as nice as croydon:hehe: mind you, loads of important companies in both places