The only reason Renault would leave is because of the incident in Singapore and if they do leave, they should move to the WRC because there is not enough teams there.
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The only reason Renault would leave is because of the incident in Singapore and if they do leave, they should move to the WRC because there is not enough teams there.
There is also supposedly a 50 million dollar bond posted with FOTA.
Does anyone know German/EU law regarding layoffs at their F1 base?
Do they have to provide severance pay? I guess it depends somewhat on how the F1 Co. is set up but Toyota is not going out of business as such.
Are there penalties under the recently signed Concorde Agreement?
If Toy just thumbs their nose at the FIA might they be banned from all competition or would that actually suit them?
Technically a ban would affect their NASCAR operation as it belongs to ACCUS which is FIA affiliated.
A lot more questions than answers. :confused:
Thank you for having the guts to say that.Quote:
Originally Posted by WSRfan82
This is, BTW, a good idea.Quote:
Originally Posted by Langdale Forest
I am not shocked at all with Toyota's departure. This is why an independent series run by the FOTA would have never lasted more than a year. Manufacturers come and go based on their financial statements. Toyota, BMW, Honda (and soon-to-be Renault?) are prime examples.
Although Ferrari blames Max.
http://www.autosport.com/news/report.php/id/80013
"In reality the steady trickle of desertion is more the result of a war against the big car manufacturers by those who managed the sport, than the effects of the economical that affected Formula 1 over the last years," it read.
There is also another quite nasty remark.
""Formula 1 continues losing important parts: over the last 12 months Honda, BMW, Bridgestone and this morning Toyota announced their retirements. In exchange, if one could call it that, Manor, Lotus [because of the team of Colin Chapman, Jim Clark and Ayrton Senna, to name a few, there is hardly more than the name], USF1 and Campos Meta arrived."
Interesting that they fail to mention Brawn GP which won more victories, not to mention titles, than Honda, BMW and Toyota put together. I fail to see why Ferrari feel the need to contunue quarrel with a retired president. I hope that they won't start fighting Jean as well.
I wonder if Aguri could come to some sort of arrangement with the toyota folks. would be niceQuote:
Originally Posted by UltimateDanGTR
good point about Ferrari- but they've always been run as a race team- rather than as directed by FiatQuote:
Originally Posted by ArrowsFA1
where Honda, BMW, Toyota, Ford/Jaguar and Renault (pre Williams days) went wrong is allowing the corporate types to run it- a big manufacturing entity can't move quickly enough to react to F1-
Renault learnt this to their cost back in the 80's- when they were completely out manouvered by Brabham, Williams and co. Eventually they gave up and just became an engine supplier until 1997. They did it right when they came back officially- the corporate types were kept out of the way and they allowed the old Benetton team to run the F1 operation
Manufacturers are good at supplying engines and funding- but they do not make good team owners- nor do they exist to race in F1- as we have seen recently. We're now basically heading back 25 odd years to a handful of works teams and loads of indie teams running Cosworths. I always thought Williams made a mistake not selling off a chunk of the team to BMW- now I'm bloody glad he didn't!
I completely agree with Ferrari's commentsQuote:
Originally Posted by F1boat
this is Mosley's legacy, another 5-6 years of F1 going to the dogs, before all remnants of his FIA involvements are gone. Then perhaps manufacturers and proper teams will consider returning to a stable sport without the lunacy of an out of control president. As of right now, all these new entrants are poor excusef for teams that only managed tog et inot the sport through mosleys assitance and artificial policies. none of these teams are competnet or worthy of an F1 place IMO.
As to Brawn. lets get Real, Brawn GP in 2009 was Honda under a different name. Honda invested a sizable amount of money developing that car for a year and continued financial assistance to that team for part of the year.. They also sold the team for $1 to brawn, and maintained their grid spot without Brawn GP having to pay the massive entrance fee normally required. Furthermore they used suspect parts on their car (only deemed legal so Mosley could fracture FOTA) which subsequently gave them a huge advantage, allowing them to coast to WDC and WCC victory.
The constant rule changes, the gray areas, the pettiness of mosley and the FIA, the ridiculous fees and sheer banality of the way F1 is regulated and the unnecessary scandals had made F1 a toxic element to manufacturers.
hope Mosley is happy.
Couldn't agree more :)Quote:
Originally Posted by Langdale Forest