f1 salary cap?

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  • forensicd
    MVP
    • Mar 2003
    • 1565

    #1

    f1 salary cap?

    Well, sort of like a cap. FIA is thinking of limiting to 100 million for teams to go racing each year.

    "Mosley's plan is to have rules that cut costs and limit some technology to the point where well-funded independent teams on a budget of $100 million can be competitive and basically on par with the manufacturer-backed teams."

    This is a dream and never able to be really followed as I see it. How can you possible keep tabs on all the spending these teams do, some of which are up into half a billion dollars a year? Im not sure what the future looks like for f1 after 2008 when the FIA makes its own rules, as alot of teams arent signing up for it (BMW, Honda, Mercedes, Renault and Toyota). I have a feeling we will see a break out group form, like we have in IRL and CART, and then the downfall will begin for a once beautiful sport. Politics, greed and sponsorships are killing motor racing.
    "Basketball may have been born in Massachusetts, but it grew up in Indiana." - James Naismith
  • pk500
    All Star
    • Jul 2002
    • 8062

    #2
    Re: f1 salary cap?

    That salary cap never will happen, especially since manufacturer teams can use creative accounting to cover their expenditures.

    Still, the GPMA won't form a series in 2008, either. BMW and Mercedes remain the only hard-liners in that group, as Honda and Toyota are softening their stances toward Bernie.

    Renault's future in F1 is still very dicey, as new Renault boss Carlos Ghosn was notorious for cost-cutting while the head of Nissan. Alonso was asked at this year's Renault launch if money was the reason he is leaving the team after this season for McLaren. He said no, it was "future." That leads me to believe that Renault will pull the plug on F1 if it's not winning, and Ghosn has publicly hinted at the same thing.

    All of the other manufacturers, except BMW and Mercedes, are coming around to the fact that if you want to make money in F1, you have to play by Bernie's rules. And Bernie has sweetened the pot considerably for teams that have signed with him for 2008 and beyond while still ensuring that his coffers stay ridiculously fat.

    The lessons of the open-wheel struggle in the U.S. aren't lost on F1. All of the manufacturers will come around to Bernie or will drop out. We won't see a split.

    As an aside, Max's idea that manufacturer teams won't be eligible for any prize fund money, only independents, is even wackier than the salary cap.

    Take care,
    PK
    Xbox Live: pk4425

    Comment

    • forensicd
      MVP
      • Mar 2003
      • 1565

      #3
      Re: f1 salary cap?

      Originally posted by pk500
      That salary cap never will happen, especially since manufacturer teams can use creative accounting to cover their expenditures.

      Still, the GPMA won't form a series in 2008, either. BMW and Mercedes remain the only hard-liners in that group, as Honda and Toyota are softening their stances toward Bernie.

      Renault's future in F1 is still very dicey, as new Renault boss Carlos Ghosn was notorious for cost-cutting while the head of Nissan. Alonso was asked at this year's Renault launch if money was the reason he is leaving the team after this season for McLaren. He said no, it was "future." That leads me to believe that Renault will pull the plug on F1 if it's not winning, and Ghosn has publicly hinted at the same thing.

      All of the other manufacturers, except BMW and Mercedes, are coming around to the fact that if you want to make money in F1, you have to play by Bernie's rules. And Bernie has sweetened the pot considerably for teams that have signed with him for 2008 and beyond while still ensuring that his coffers stay ridiculously fat.

      The lessons of the open-wheel struggle in the U.S. aren't lost on F1. All of the manufacturers will come around to Bernie or will drop out. We won't see a split.

      As an aside, Max's idea that manufacturer teams won't be eligible for any prize fund money, only independents, is even wackier than the salary cap.

      Take care,
      PK
      I agree alot of the teams will join up, as they will in essence be forced to. I also understand to a degree some of his logic behind making the teams more balanced in nature, but it just cant happen in f1. If they do lose some of the manufacturers, it will really hurt the field of f1. A split would with no question ruin the series, and as much as it costs to run and operate this division world wide, a start up group would never have a chance unless backed by an enormous sponsor.

      On a side note, how do you feel about the new qualifying system? I for one think it is at least a step in the right direction, but still is almost absurd in its nature. I couldnt stand last years single car qualifying, and I really miss the old way of doing it; you have this much alotted time to get in a best lap. There was nothing better than watching Shcumi sitting in the pits, waiting to see if Mika got a better time, then watch that Scuderia come flying out of the pits to one up him. It really was exciting to watch. This year will be intresting, but seems almost likes its a mini game of sorts; 6 get knocked out, the rest advance; 6 more get knocked out, rest advance until you get to 10 left. Then those last 10 have to put in as much fuel as they think they will start the race with, then go out and qualify some more. It really seems like an *** backward approach to qualifying, but it is better than the previous version.
      "Basketball may have been born in Massachusetts, but it grew up in Indiana." - James Naismith

      Comment

      • mercalnd
        MVP
        • Oct 2004
        • 4262

        #4
        Re: f1 salary cap?

        Originally posted by forensicd
        On a side note, how do you feel about the new qualifying system? I for one think it is at least a step in the right direction, but still is almost absurd in its nature. I couldnt stand last years single car qualifying, and I really miss the old way of doing it; you have this much alotted time to get in a best lap. There was nothing better than watching Shcumi sitting in the pits, waiting to see if Mika got a better time, then watch that Scuderia come flying out of the pits to one up him. It really was exciting to watch. This year will be intresting, but seems almost likes its a mini game of sorts; 6 get knocked out, the rest advance; 6 more get knocked out, rest advance until you get to 10 left. Then those last 10 have to put in as much fuel as they think they will start the race with, then go out and qualify some more. It really seems like an *** backward approach to qualifying, but it is better than the previous version.
        Actually, I think the new system is a pretty good idea. You'll still get the battles at the end like in the old days while retaining the strategy element because you can't change setups or add fuel between your last run and the race.

        On top of that, it solves the biggest problem of the old system where the big guys would wait till the session was half over before coming out. Sometime it'd be 20 minutes into the session before anyone besides the Minardi's would come out. That wasn't a whole lot of fun when sitting in hte stands (though it was better than watching one car at a time). Now they have to come out early or they'll get knocked out and stuck in 15th or worse.

        Also, a fact that you didn't mention is that previous times are deleted for all the guys who advance so guys won't be able to rest on their great time they made in the first segment (though the times usually get quicker as the session advances). This means that guys will be trying even if the weather turns sour after the first 15 minutes. The more I think about it, the more I like it. Can't wait till next weekend.

        Comment

        • forensicd
          MVP
          • Mar 2003
          • 1565

          #5
          Re: f1 salary cap?

          Man, all this talk of f1, I cant wait till this weekend. The first weekend of f1 is alwasy exciting, especially with all the driver changes. It will be odd to see someone else suting up next to schumi this year.
          "Basketball may have been born in Massachusetts, but it grew up in Indiana." - James Naismith

          Comment

          • larrygiterdone
            MVP
            • Jul 2005
            • 3037

            #6
            Re: f1 salary cap?

            Originally posted by forensicd
            Man, all this talk of f1, I cant wait till this weekend. The first weekend of f1 is alwasy exciting, especially with all the driver changes. It will be odd to see someone else suting up next to schumi this year.

            i dont really follow F1, are there any American drivers?

            i think i heard about some guy named Scott Speed or something like that was trying to make it over there

            Comment

            • forensicd
              MVP
              • Mar 2003
              • 1565

              #7
              Re: f1 salary cap?

              Originally posted by larrygiterdone
              i dont really follow F1, are there any American drivers?

              i think i heard about some guy named Scott Speed or something like that was trying to make it over there
              Yes, Scott Speed will be driving for newly formed Toro Rosso. It will be of course tough for him, and he will be a backmarker most likely in those cars, as they are using the cosworth engines. It will be great though to have an american presence in F1, and I can finally fly my american flag at indy this summer!
              "Basketball may have been born in Massachusetts, but it grew up in Indiana." - James Naismith

              Comment

              • pk500
                All Star
                • Jul 2002
                • 8062

                #8
                Re: f1 salary cap?

                I guess I'm in the minority in that I thought the qualifying system used in 2003 was perfect: Single-car pre-qualifying session Friday determines running order for single-car qualifying session Saturday.

                Yes, there were times where the old format of 12 laps in 60 minutes was fun. But as others have said, usually nothing happened in the first 30 minutes of the old format except for Minardi running flying laps to get TV time. All of the intense action came in the last 15 minutes, which sucks for spectators, essentially giving them only 15 minutes of important running.

                I like single-car qualifying because there's no mulligan. If you screw up, you pay the consequences. That results in jumbled grids, sometimes with fast guys starting down the grid, and that leads to exciting races. The old, 60-minute format led to few surprises because you always had the final three-lap run to compensate for any earlier mistakes or changes in weather or track conditions.

                Plus the Friday-Saturday format was cool because the guys could run Friday with low tanks and go balls-out, while Saturday was more strategic due to running race fuel.

                Finally, I liked single-car qualifying because I could get a good look at every car and every driver, mentally comparing lines entering and exiting the corners and seeing how each car reacted at certain parts of the circuit.

                I certainly don't like the return to tire changes this year. That is going to return F1 to the boring cycle of sprint-pit stop-sprint-pit stop-sprint. It's not even a race anymore -- it's a series of three sprint runs connected by pit stops, and once again we'll see overtaking in the pits instead of on the track.

                If I had my druthers, tire changes and refuelling would be banned. That would really test a driver's skill, managing both tire degradation and the changing weight characteristics of the car as fuel was consumed.

                Can't wait for Bahrain this weekend, either! Go Williams! Go Scott Speed and Toro Rosso!

                Take care,
                PK
                Xbox Live: pk4425

                Comment

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