F1 » CVC needs to invest, warns Ferrari

Ferrari has told F1 commercial rights holder CVC that it needs to start putting money back into the sport before it quits.

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May 06, 2011 1:47 PM

New Concorde agreement should not allow for 50/50 split of F1 profits. F1 needs to retain bigger share: 85-90%? If CVC/Bernie is not happy with that all teams should form another series and employ another management company.

Anti-Turbo - Unregistered

May 06, 2011 2:53 PM

I find it hard to believe that any fan of F1, and I ain't no Ferrari fan, would have a problem with what Ferrari are trying to do.

You mat hate them, or support another team or driver, but please just don't disagree without fully understanding or reading what is written... Example...

In the report it clearly states that CVC take HALF of the £600m profilts.... that's £300m... NOT £600m as our learned friend above wrote...


Where is Brendan when you need him!.... :-)

Jezza - Unregistered

May 06, 2011 3:08 PM

@ anti-turbo

Well said and I only wish people would actually read the report too. I hate the amateurs that frequent this site, meaning that the more experience fan like us has no real conversation to have, but we have our other forums too. Hamilton fans no doubt. Recent additions to the F1 Fan fold. They can all piss off again as far as i'm concerned.

RD350LC - Unregistered

May 06, 2011 3:32 PM

More posturing from Ferrari, to put it bluntly if they don't like F1 as it is now they can go play somewhere else
F1 is bigger than Ferrari & will survive without them

RD350LC - Unregistered

May 06, 2011 4:20 PM

Rob01, why would Ferrari quitting make it a spec series? Other teams would still be there & other engine suppliers
Ferrari just like to threaten to leave in the hope they can get what they want, be that a bigger cut of the money than any other team, or the chance to run 3 cars
As long as the independent teams (garagista's) are in F1 it has a future and doesn't need any manufacturer teams at all

your mum - Unregistered

May 06, 2011 5:46 PM

I know it doesnt sit well with many, but F1 would not be where it is today without Bernie and Max. The F1 'circus' is one of the very few big british success stories in the last 25-30 yrs ie the amazing amount of jobs it has created in this country/industry leading technology etc. Wouldnt it be a shame to lose this?

and some of you want a bunch of gangster sore loser italians and a corrupt 80 yr old phone hacking aussie to take control what a joke

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