F1 » Whitmarsh confirms teams seeking evaluation of F1 stake

Formula One Teams' Association set to take advice on bidding for slice of CVC's F1 pie.

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September 19, 2011 12:43 PM

I cant see that buying into CVC would work. FOTA will have to pay CVC/Bernie for what they could own for free. Form the new series and leave CVC/Bernie and dodgy BBC/Murdoch deal behind.

Matt - Unregistered

September 19, 2011 3:35 PM

Whitmarsh is just looking at it as some way to manipulate F1 in his teams favour. Why on earth would he want to be in it other than money ???

cknopp - Unregistered

September 19, 2011 4:25 PM

No breakaway, because FOTA understand that they are hopeless in organising such a championship. Bernie knows everyone that FOTA would have to do business with, and I'm sure that Ecclestone would block at every corner.

FOTA is like a union trying to take over a company... They truly only care for themselves, and their income. They want a status quo on who is in front, and the cars will stagnate.

I, for one, would love to see a break away, just so we could get back the original 2010 regs that were cost capped, but development unlimited.

You know, the regs that FOTA blocked, because innovation would have more to do with winning than budget, and McLaren and Ferrari couldn't allow that...


September 19, 2011 6:25 PM

Formula one racing should belong to the F1 teams, the FIA doesn't come into this as by law they cannot own or have any financial stake in F1, as Ron Dennis once said (not long ago) F1 was stolen from us (the teams) and I will add, F1 was stolen from the teams by an Englishman and given to another Englishman.
And nobody should come arguing that BE made the teams rich as he did so because they were making him much, much richer.
One thing is for sure, without BE F1 will still be, without CVC F1 will still be, but without the teams F1 will not be.


September 19, 2011 8:15 PM

@cknopp, F1 would be OK using existing network of race circuits, broadcasters, etc.

Bernie is over 80, he will be replaced soon anyway. I dont mean that in bad way and wish Bernie health and well being for years to come, just not in F1.

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