Will the Small Teams Get More Money?

It has been argued for a long time whether the small teams should get more money to survive in F1. Now reports have it that the small teams: Force India, Sauber and Lotus have written to F1 boss Bernie Ecclestone to demand a fair share of the sport's considerable revenues after they failed to make any progress in talks with Ecclestone at the last two races.

The letter was sent to seek a meeting at this weekend's season-ending race in Abu Dhabi. Copies were sent to rights holders CVC, International Automobile Federation (FIA) president Jean Todt and team principals.

"In our common interest and for a sustainable future of the sport, we request you, together with the other stakeholders, to implement a more equitable distribution," Bob Fernley, Force India deputy principal, said in the letter.

Besides, in the letter, there were concerns over Formula One turning into a two-tier sport divided between constructors and those using 'customer' chassis or beefed up 'Super GP2' cars.

"A two-tier system can only be considered a short-sighted vision," said the letter. "It is evident that the current developments are dramatically reducing the value of Formula One and massively undermining its reputation as a sport."

However, it is true that F1 is organized in a commercial way and to gain as many sponsors and audience as possible is definitely in need. And as for this, there is no doubt that the big teams such as Ferrari can contribute more to the sport. Thus, its getting a bigger share of the funds is quite reasonable.

The very problem lies in that the small teams have not enough money to spend to compete with the big teams now and their inferior ranks make it more difficult for them to get sponsors, thus even less money, creating a vicious circle.

Moreover, from Ecclestone's perspective, asking more money from F1 is absolutely impossible. And he repeatedly stressed that the small teams are to blame for their financial crisis and he also urged them to follow normal business route and control their budget.

"They've a contract they signed. They know exactly what they signed and how much money they would be getting," he said.

"These teams do not need to be in financial trouble. They need to think about what they have got to spend and do the best they can with that."

What's more, he even compared F1 to a poker game. He said: "The fact is, to be super competitive you've obviously got to keep up with the others so you have to spend, whether people like it or not. You are not going to win races on the cheap. If they haven't got the budget that allows them to spend they will eventually disappear. It's like a poker game; if you haven't got enough money, because there are big dealers in there, don't play the game. "

Well, from the facts we mentioned above, it is not likely that the small teams will receive assistance from Formula One Group. And whether they can survive for the next few years is still yet to know.

As high performance racing lovers, we can only wish them a good luck.

Komentar

Posting Komentar

Postingan populer dari blog ini

How to get cheap houses - whbybz.com

Gambar
Next we will discuss about how we can get a house at a price that is fairly cheap or at a sloping price which houses like this are usually referred to as Cheap Houses and then for ways that we can do to get the cheap house that is by way: 1 Follow social media promotion property On various social media such as Facebook, Twitter, Instagram, and part of it there is usually a variety of information about people who sell various types of houses, ranging from cheap houses to even expensive homes. 2 Be diligent at participating in property exhibitions When someone follows things like this then usually these people get a variety of information ranging from information about various prices and location of home property which is very useful for people who need it, then use this trick to get the house you want. That was information about how to get a cheap house. Hope it is useful, thank you.
Baca selengkapnya

What Is an AGO Oil Product or Automatic Gas Oil? Finding Authentic AGO Petroleum Supply / Supplier

A recent survey conducted by this writer on the Internet for a quick, snap shot sense of the subject matter, immediately revealed that there's a state of relatively scanty knowledge of, or information about, this particular refined petroleum product called the AGO, among international oil dealers and suppliers. In deed, in one rather remarkable instance involving a popular 'Ask for Answers' online discussion portal, one reader expressly posited the question, soliciting information from the readers as to what is / was 'the meaning' of the petroleum term AGO, among three other refined petroleum products, which he went on to list - DPK, PMS, JET A1. There was just one response - a response that has stood the same for 5 years since. Oddly enough, however, of the 4 oil products that the answerer named, the answerer was exactly accurate in the definition he proffered on three of those. But, on ONLY one of them, the AGO product, the answer given by the answerer was s...
Baca selengkapnya

The Theory of Petrol Head

There is no point in driving a fast car slow as there is (almost) no point in driving an F1 in a racetrack asphalt. This is the 101 of driving a road illegal fancy machine in a straight line without using any maneuvering driving skill. Rather, the ridiculous speed at the race pit cracks the nervous system of most of the racers. This is the strutting catwalk of a nervous fashion diva in the weirdest dress who can never use it in other forms let alone in the street! Formula One is the science at its best and a product of mad professors and genius engineers at whitewashed labs. It is the showdown of expensive engineering marvels of automobile industry, where the only fun lies in enduring frequent lateral 5G force in multiple left and right-hand turns. Any steel-nerve noob with 10-2 clocking can clutch a V8 or V10 in a drag race and beat a quarter mile, unless he blows off his piston by throttling to the redline! If speed and automotive engineering were everything in racing, then hyper car...
Baca selengkapnya