F1 » Fears remain that F1 costs are 'simply running away'


Teams continue to fear for their future as spending in F1 shows no sign of being brought under control - and sometimes through no fault of their own...

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joat

July 29, 2013 4:45 PM

A good point and a grim reminder no body is in control. If there was, the engines would remain the same cos as its pointed out the new powerplants will cost more and do less.

Mustafur

July 30, 2013 11:20 AM

Its the double edged sword of modern F1, you can either go the technology route and be more like how F1 has always been and Risk losing half the grid because of costs, or go the spec route and start being like every other series and have more teams.

I would rather the technology route but as its been proven its nearly impossible to get a middle ground.

But then agian if FOM wasn't soo damn greedy and gave the teams a decent percentage of Revenue then we wouldn't have that issue and then teams would be able to hire talent first rather then by paycheque.

LewisForTheTitle

August 02, 2013 8:24 PM
Last Edited 510 days ago

Great point Mustafur, FOM should be giving a much bigger cut of the money to the people who make F1 the fantastic sport we all love....the teams!! This is especially true when the FIA and FOM bring in such massive rule changes like they have for 2014. The increase in costs for next year are huge but the teams aren't receiving any extra prize money, this seems ridiculous when you consider how many teams have been in serious financial trouble this year (and it's not just the small teams). Next year they are supposed to find an extra 15 to 20 million just for the engines/power unit, plus another big chunk of cash to fund in-season testing!!

While thinking about FOM increasing the prize money that the teams receive, I had a thought, maybe they should go down the route of a few American sports and give a bigger cut to the teams at the bottom of the table to try and create even more competition. As my plan includes increasing the prize money that the teams receive you could still......

LewisForTheTitle

August 02, 2013 8:28 PM

..........give the team in first place the same amount of money they receive at the moment but then instead of each further team getting less money, you give them more. This approach has worked really well in sports like American Football because it creates parity across the league, if you have a bad season and you finish last you get more money than anyone else, so hopefully the next year you have a much better season (well, that's the plan anyway lol), the teams always say that downforce and speed are directly related to the size of your budget. Not only would this increase the number of teams competing for the title each year, it would also help new teams to improve (although the prize money figures aren't released, I believe that 11th place in the constructors table currently gets you £0 in prize money), it should also entice more new teams to join F1.

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