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Domenicali: No budget cap acceptance from FOTA

Ferrari team chief Stefano Domenicali has insisted that the FOTA teams' decision to lodge entries for the 2010 Formula One season – albeit conditionally – isn't an indication that they are prepared to accept the FIA's budget cap plans.

The nine remaining teams on the grid joined Williams in lodging entries with the governing body ahead of the Friday deadline, but with a number of conditions attached.

Those conditions include the signing of a new Concorde Agreement by 12 June and a set of regulations based on the current 2009 rules being used.

As a result, Domenicali insisted that the decision to sign up wasn't an indication of acceptance of the budget cap, with the teams confident that their own cost-cutting measures would be enough.

“Absolutely not,” he replied when asked if the teams may eventually accept the cap. “The request to make the 2009 regulations the starting point, means there will be no budget cap.

“[Cost cutting] should be done by implementing a self-regulating procedure within FOTA, so that the body itself and the teams carry out the monitoring. We know exactly what must be done and we can do it on our own, as can be seen from what has been achieved so far. In fact, this is exactly what has been happening for years as regards testing, where it is the teams that have reached an agreement among themselves to manage the situation and it works well.

“The FIA wants to significantly reduce costs with two objectives: to stop any more existing teams from quitting the sport and to allow for the eventual entry of new teams. Both these targets can be met: costs will be considerably reduced and, at the same time, there will be considerable efforts made by the current competitors in Formula 1 to stay in the sport.”

Domenicali added that the conditional nature of the current entries left no room for manoeuvre, and that the entries from the nine teams – Williams aside – would be invalid if the conditions laid down weren't meant.

“It's very simple,” he said. “The nine teams - Williams membership having been suspended – that currently make up FOTA, have put in entries for the 2010 championship that will only be valid if the Concorde Agreement is signed and if the regulations will be those currently in use, but modified as per FOTA's suggestions.



Related Pictures

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Stefano Domenicali   [pic credit: Ferrari]
27.11.2016 - Race, 2nd place Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid and Champion 2016 and 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, 2nd place Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid and Champion 2016, Lewis Hamilton (GBR) Mercedes AMG F1 W07 Hybrid race winner and 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, 2nd place Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid and Champion 2016 and 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, 2nd place Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid and Champion 2016 and 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, 2nd place Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid and Champion 2016 and 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, Start of the race, Daniel Ricciardo (AUS) Red Bull Racing RB12 and Sebastian Vettel (GER) Scuderia Ferrari SF16-H and Kimi Raikkonen (FIN) Scuderia Ferrari SF16-H
27.11.2016 - Race, Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race,Kimi Raikkonen (FIN) Scuderia Ferrari SF16-H  leads Daniel Ricciardo (AUS) Red Bull Racing RB12
27.11.2016 - Race, Daniel Ricciardo (AUS) Red Bull Racing RB12 leads Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, Kimi Raikkonen (FIN) Scuderia Ferrari SF16-H
27.11.2016 - Race, 2nd place Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid and Champion 2016, Lewis Hamilton (GBR) Mercedes AMG F1 W07 Hybrid race winner and 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, Kimi Raikkonen (FIN) Scuderia Ferrari SF16-H
27.11.2016 - Race, 2nd place Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid and Champion 2016, Lewis Hamilton (GBR) Mercedes AMG F1 W07 Hybrid race winner and 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H

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Mob rules - Unregistered

May 31, 2009 12:47 PM

I see some Ferrariphobe Brits they don't know how to read English, granted a very difficult language but the statement that FOTA's 9 remaining teams made is simple. You want us to sign by 29 May, well here you are have our application. But please note that come 2010 should you insist to apply the budget cap and whatever else you have decided that we do not agree with WE WONT BE LINING UP ON THE GRID IN AUSTRALIA. Simple isn't it?

wims

May 31, 2009 5:11 PM
Last Edited 2750 days ago

I think there's 0% chance that Ferrari will race in F1 if there's a budget cap. How do you tell 70-80% of your staff that they have been made redundant over the night, so that the have-nots would be able to compete in F1?



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