FIA reveal radical F1 cost cutting plans

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    Ross
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    FIA reveal radical F1 cost cutting plans

    Post by Ross on 14th December 2008, 15:37

    Source: ITV Sport

    The FIA has announced a radical blueprint aimed at dramatically reducing Formula 1 costs over the next few years.


    Against the backdrop of the global credit crunch and Honda’s shock withdrawal from F1, the governing body’s World Council met on Friday to ratify proposals to put the sport’s finances on a sustainable footing.


    The FIA said the measures adopted had the “unanimous agreement” of the F1 teams, who had “played a major role in their development” through the forum of the recently established Formula One Teams Association (FOTA), which met with Max Mosley earlier this week.


    Changes for 2009 include the doubling of engine life cycles (although units will still be required to last three races as previously agreed), a new lower rev limit of 18,000rpm, a ban on in-season testing and wind tunnel restrictions.


    The teams have also agreed to reduce manpower by various means, including sharing information on tyres and fuel to eliminate the need for ‘spotters’.


    The FIA said these measures would result in a 30% cost reduction compared to 2008 for the manufacturer teams and still greater savings for the independent teams, who would see their engine budgets halved.


    Even more radical changes will come into force in 2010, including a ban on refuelling and tyre warmers, further restrictions on aerodynamic research and more standardised chassis parts.


    Engines will be made available to independent teams at a guaranteed price of less than €5m (£4.4m) per season.


    These will be supplied either by the manufacturer teams "backed by guarantees of continuity", or by an independent specialist company (such as Cosworth, which won the FIA's tender for a standard engine).


    However, the FIA has set a deadline of 20 December this year for a deal with an independent supplier to be agreed.


    All teams will use the same transmission, “subject to confirmation of practicability”.


    The FIA also said it would explore several longer-term measures, including the possibility of a new, energy-efficient power train for 2013.


    It added that “an enhanced Kinetic Energy Recovery System (KERS) is likely to be a very significant element of an energy-efficient power train in the future”.


    KERS devices will remain optional under the 2009 regulations and the FIA said it was awaiting FOTA’s thoughts on proposals for a standardised KERS system to be introduced in 2010.


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    Re: FIA reveal radical F1 cost cutting plans

    Post by in.s@ne on 16th December 2008, 18:08

    KERS... how shocking. *pun intended*

    and Honda looked promising for this season, but never-the-less, time to step up more teams imo.
    BRING THEM IN FROM F2, GP2, EVEN TOURING CARS!
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    Re: FIA reveal radical F1 cost cutting plans

    Post by Mike on 16th December 2008, 18:14

    in.s@ne wrote:KERS... how shocking. *pun intended*
    !

    Very Happy



    Like I said in the other thread about Subaru. In the short term its really bad but over time it will sustain the sport. Think back to the 80's and the turbos. The normally aspirated cars vs the Turbos at most tracks was a non contest. The Cosworth normally aspirated engines were eaten alive. teams couldnt afford the turbos and make it reliable so the FIA had to step in and make it competitive. Needless to say the end of the 80's and the early 90's saw an influx of new teams, and no matter how laughable they were they made the sport. Jordan is a success story of that era. Cutting these costs can mean for the mean time we see the sport limited from its normal self but change had to come sooner or later. Its a shame they have done it now when we are down to the bare bones of teams and applicants willing to form a team. Doing this 2 years ago when times are good would have meant uproar but I bet a dam site better number (between 22 and 26 drivers) of team and drivers on the grid now.


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    Re: FIA reveal radical F1 cost cutting plans

    Post by Ross on 16th December 2008, 18:16

    I hate these plans. They are ridiculous.

    I always said that if they introduced standardised engines I would no longer follow F1, and take my word for it, in 2010 when they become available, I am gone, regardless of the outcome in terms of other teams quitting, namely Ferrari.

    I hate it. I don't watch Formula One for the drivers, I watch it for the racing and for the teams. I am a Ferrari fan. I support Ferrari's drivers. I can't stand Lewis Hamilton, but if he joined Ferrari I would want him to win.


    All of this cost cutting shit is really getting on my nerves, the only people that could possibly benefit from this are Ecclestone and Mosely, which is, of course, why they made these new rules. The teams will benefit in that they won't spend as much money, but being the 'pinnacle of motorsport' should really, in my opinion, mean that very small teams with little equiptment and man power should not be in the sport. That is what F2, GP2, Touring Cars and all of the other Formulas are for.

    I'm sick of it all. I am actually beginning to hate Formula One.


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    Re: FIA reveal radical F1 cost cutting plans

    Post by Mike on 16th December 2008, 18:28

    Ross times will change we have to get used to that. If 3/2 years ago they said ok guys here's a standard engine, race with it but you big boys limit your engines to a similar range, teams like Super Aguri and Spyker would still be here. Prodrive even Audi might have entered with an effort. F1 is a sport, lets not forget that. For a sport you need team and if you don't have teams then its no longer a sport. If 3 or 4 years ago the FIA had said ok here's the deal we offer you this engine you build the chassis all engines are similar, we would have seen a mass of teams scramble for it. Thus saving the day for today however F1 is not a long term sport.

    No one will enter now. Its a lost cause and I believe it will be a good few years before we see any new entrants.


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    Re: FIA reveal radical F1 cost cutting plans

    Post by Ross on 16th December 2008, 18:37

    The credit crunch is why no one is entering. The FIA's cost-cutting plans will make near as makes no difference to the credit crunch as the ball part of them wont come into effect until 2010, which is a financial year and a half for the world's economy to heal itself.

    Honda's withdrawal is completely unrelated to the costs of Formula One if you don't include the credit crunch. If there was no credit crunch, Honda, being the third richest team, wouldn't be dreaming of quitting the sport. It is just the world's financial crisis, coupled with a sport that is expensive, that makes it hard to cope with. With no credit crunch, we just have a sport in which teams can cope, particularly manufacturers.

    I don't want pissy little teams in the sport, particularly as 90% of them will NOT become front runners and will burnt out, if not literally then financially.

    There is absolutely no chance that F1 can remain at the pinnacle of motorsport if the FIA are limiting the single factor that is giving it that title in the first place: the technological competitiveness.

    The only reason MotoGP or WTCC or Le Mans or NASCAR or any other motorsport isn't dubbed the pinnacle is because it lacks the sheer brilliance in technology that F1 has. If the FIA continue to limit the technology factor, the sport will just slowly slip down the rankings as MotoGP and NASCAR with their improving technology get higher up.

    There is no way this can benefit the sport besides saving a few pennies. Oh and it will only save money for the short term, surprisingly enough, because as I said before, the teams will simply spend their money elsewhere.


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    Re: FIA reveal radical F1 cost cutting plans

    Post by Mike on 16th December 2008, 18:53

    Some blame the teams and the credit crunch, I don't. I blame the FIA. This was needed 3/4 maybe even 5 years ago. The Fia was weak and now think they can sit on their high horses because they suggested such changes. They should have pushed them down peoples throats but didn't. And it would have been 'Pissy little teams'. The big boys would have come to play in this back yard and regardless of the credit crunch F1 would be in a much stronger position. Ecclestone said Honda was the wake up call. That's rubbish. Minardi and Jordan were the wake up calls. But they were overlooked as they were the 'Pissy little teams' and no one cared. Someone cared. Me. When these two teams that were founded and raced on principal and love for the sport couldn't survive what hope is there left? Benetton before them aswel.

    When the FIA overlooked teams like Tyrrell leaving the sport they made a massive mistake. Action was needed years ago but with the glory days in there prime no one looked to the future and what could happen.

    'On April 28, 2006 the FIA announced that all of the current teams' applications for the 2008 season were granted, along with a new team Prodrive, fronted by the ex-BAR and Benetton principal David Richards. There were 21 applications (including the current teams and Prodrive), of which the following were notable: European Minardi F1 Team Ltd, Jordan Grand Prix, Direxiv and Carlin Motorsport. However despite the Prodrive application being accepted Richards later announced that the team would not race in 2008 due to a dispute over the legality of customer cars.'

    A simple quote shows what F1 could have been like. Imagen if FIA wernt so conceded about the number of teams entering because in the future teams might pull out. Imagen a grid at the beginning of last season with Prodrive, Carlin and Driexiv Teams with Cosworth engines. Don't you think that Honda pulling out would only mearly be a blip on the face of F1?

    Jaguar another example of a team who couldn't afford to stay in the sport and it looked as if they would too have pulled out completely until Red Bull came to the rescue. Prost/Ligier going into receivership in 2002. They were bought out but the FIA rejected there take over.

    The FIA needed to be stong. There wernt and now the sport is paying.


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    Re: FIA reveal radical F1 cost cutting plans

    Post by in.s@ne on 16th December 2008, 19:10

    It's not standardised engines dude...

    Teams are still allowed to use their own engines, but there will be one available to teams who can't afford to make their own.

    I could sit here and argue stuff all day, like the pit stopping takes a lot of racing away, the HUGE spoilers mean that cars barely have to slow down, and gives the lesser teams absolutely no chance if they don't have all the equipment etc.

    I want to see a more exciting F1... not one where the guy on pole just wins the race every time.
    I want to see more people coming from the back of the grid and winning
    I want to see more overtaking
    I want to see more trading paint.

    I WANT MORE EXCITEMENT!!!!
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    Re: FIA reveal radical F1 cost cutting plans

    Post by Mike on 16th December 2008, 19:17

    Your talking to Ross when you say standardised engines yes?

    Like I said I believe this should have been offered years ago.


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    Re: FIA reveal radical F1 cost cutting plans

    Post by Ross on 17th December 2008, 15:40

    Well Mike you didn't exactly deny the standardised engines.

    And I've slept on it and have been reading several articles about the rules change, and now I think about it, yeah, it isn't as bad as if it was full standardised engines. However I still hate it, it's unfair on manufacturers who pay for research and development, etc.

    But it's not as bad as it could have been, I guess.


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    Re: FIA reveal radical F1 cost cutting plans

    Post by in.s@ne on 17th December 2008, 18:16

    The devloped engines will be far better than the standard one... no doubt.

    Don't worry, Ferrari and McLaren will still be winning (yay for Mclaren!)
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    Re: FIA reveal radical F1 cost cutting plans

    Post by Ross on 18th December 2008, 08:22

    That's not the point though its just that Mosely is trying to save money for the teams that have very little of it, and the richer teams are paying very little less than before.

    Another thing that is getting right on my tits is the testing ban. THE FIA ARE ONLY CONCERNED ABOUT MONEY, THEY DON'T GIVE A SHIT ABOUT THE FANS.

    There is no argument against that.


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