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Thought it would be easier to discuss this in a dedicated thread. :)
What do we know about Ferraris and Red Bulls contractual obligations with the FIA? I can't really imagne them having the guts to form a breakaway series if they were not fairly sure of being able to do so...
From what I understand Ferrari seems to think that FIA broke their part of the deal regarding so
They signed some kind of agreement.
No matter what its' written in that agreement they can walk out of it, sure will have to pay for it if their claims aren't withheld in court, but that's it.
FI and Williams may use force majure to get out of F1 and effectivly close the series because of the engine situation. FI in paricular could claim that McLarens exit cripples their team.
Neither car is designed around a engine which they haven't even seen.
If it does go to a braekaway, and that's a big IF, then F1 will wind up and die.
Not quite as clear cut as that.Quote:
Originally Posted by ioan
What's not clear? They don't want to race in F1 anymore so in worst case will have to pay a bail out decided in some European court, and with that it will be all over.Quote:
Originally Posted by tamburello
And if the court decides that the FIA did breach their agreement than all the better!
Not to mention that the lawsuit will certainly not end before next season starts and F1 will be dead and Max gone by the time the court issues their findings.
Max is just a small fish in today's Europe, where corporations and money have the power.
Heck, take a look at Bernie, the "great" F1 supremo, he's done, he doesn't have the energy to fight this war on either side so he just sits their and watches hopeless. Do you think that would be the case if he really had some watertight agreement with Ferrari and RedBull?
Ultimately, nothing Bernie could do can force Ferrari or either of the Red Bull teams to compete in the FOWC. AT MOST, he can screw them for a huge amount of money, even possibly to the point of bankrupting the companies (not that he would necessarily win at all, let alone get that much money - just making a point)... but at the end of the day, that still wouldn't give him Ferrari, Red Bull Racing and Toro Rosso as FOWC competitors in 2009.
I'm curious about the Red Bull teams' situation more than Ferrari's though - there's been a lot of talk about Ferrari's veto, whether the FIA broke the contract, etc... but what do RBR and STR see as their get-out clause?
Given that Brawn changed their engine in weeks at the start of this year, they couldn't claim force majure over that unless they had no engines at all accessible to them. And the only way that could happen is if Cosworth don't have enough capacity to make engines for all the teams.Quote:
Originally Posted by Knock-on
Concorde AgreementQuote:
Originally Posted by ioan
http://en.wikipedia.org/wiki/Concorde_Agreement
force india and williams would have been forced to joinQuote:
2008 negotiations
On 7 December, 2004, at a meeting attended by the bosses of all the teams but Ferrari, Ecclestone offered a payout of £260,000,000 over three years in return for unanimous renewal of the Concorde Agreement, which would guarantee the continuation of Formula One in its present form at least until the expiration of that contract.
On 19 January, Ferrari announced it has signed an extension to the 1997 Agreement to expire on 31 December, 2012. Later in 2005, Red Bull and Jordan/Midland also signed an extension.[4] On the 7 December, 2005, Williams F1 became the fourth team to sign an extension to the agreement.[5]
On 27 March, 2006, the five Grand Prix Manufacturers Association-backed teams submitted their applications for the 2008 season.[6] On 14 May, 2006, the five GPMA-backed teams signed a Memorandum of Understanding with the commercial rights holders (CVC/Ecclestone) which will form the basis of the next Concorde Agreement.[7] On 29 July, 2008, the teams created the Formula One Teams Association (FOTA) to negotiate the terms of contract.
a better way for RBR and Ferrari is , if they are able to sell or transfer there title deed to some other company interested in joining f1. offcourse the agree will require the clause that no ferrari or RBR name can be used by the purchaser.
am i logical or had too much vodka today ? :)
I can't see what would stop Ferrari and RBR turning up in Melbourne 2010 with two illegal old cars, failing scrutineering and going home again. Their freight costs are met by FOM, and they'd hardly need many staff, so it wouldn't cost a fortune.
Court ruling or no court ruling, they can't be forced to race if they really don't want to.
u mean a 300 kg car ?Quote:
Originally Posted by Dave Brockman