Re: Add End: Official Announcement FOTA pulling out of F1
From: Michael James (cavallino_rapanteyahoo.com)
Date: Fri, 19 Jun 2009 07:43:34 -0700 (PDT)
I have mixed feelings on this....it all depends on the 'new' organization, how 
the money is distribuited, and whether the 'lower-rung' teams can now share in 
the wealth and afford car development expenses. If the smaller teams get larger 
fund returns, and stay competitive, than a new series will take-off. If they 
have to drop-out like Jaguar and Honda did, then it will fail unless they 
institute a spec-series until things get stable.

F1 provided a LOT of services to the teams - I'm wondering who will fill that 
role now. Somebody has to negotiate with the tracks, the TV stations, do all 
the Logistics of moving the 'stuff' from track to track every weekend, etc. 
None of that was done by the teams alone. That infrastructure still needs to be 
assembled before anyone goes racing again. PLUS, you have signed contracts that 
'may' be broken - Lawyers will be getting involved, lawsuits, court 
appearances, etc. This won't get settled in a week or two. If this goes 
as-planned (what does?) there won't be ANY racing in 2010 until the dust 
settles and a new 'series' gets put-together that supports management, 
logistics, media, finances, etc.

If I were a betting man, I'd say Bernie FIRES Max shortly and makes-nice with 
the teams (hopefully by kicking some more revenues their way). FOTA renegs, 
when Max is gone, and everyone hugs-it-out. I wouldn't start booking plane 
tickets to Indy or Montreal just yet - those avenues don't have the Raw 
Mountains of CASH that the Chinese or the Arabs have. And in this Global 
Economy, they never will.

--- On Fri, 6/19/09, LarryT <l02turner [at] comcast.net> wrote:


From: LarryT <l02turner [at] comcast.net>
Subject: Re: [Ferrari] Add End: Official Announcement FOTA pulling out of F1
To: "Michael" <Cavallino_Rapante [at] yahoo.com>
Cc: ItsmeMrWright [at] aol.com, ferrari [at] ferrarilist.com, Rexnbutchie [at] 
aol.com
Date: Friday, June 19, 2009, 10:08 AM


Hey Bubba,
    You wrote <<tens of millions of Euros in the pockets.... >>

    IIRC, in Bernie's case it was *Billions* of USDs/Euro's or whatever.  I 
recall him being one of the 10 wealthiest in UK - or maybe the world..

    Also, on a lighter note, my favorite commentator  Sam Posey read a 
prepared announcement this morning during qualifying and spoke at lenght 
about the wealth of history at The British GP.  His voice is showing his 
age - but that is probably true of most of us.  Anyway, it was nice hearing 
his unusual style when talking about a track.

    I'm hoping things will get better but I'm not holding my breath.

    Couldn't agree more with your comments about the new tracks that leave 
me cold inside when watching.  They just seem to be missing something the 
old have in spades.  Even if the old ones  get chicanes and such they still 
have that cachet of  soul and tradition the new ones have little chance of 
attaining.

    For those watching Speeds coverage of qualifying for the Brit GP can 
hear a lot of comments about the recent decision to break away from the 
Bernie/Mosley regime.

LarryT

"When Ted Kennedy goes to Cuba for
health care I might consider socialized
medicene."

----- Original Message ----- 
From: <red5hilser [at] aol.com>
To: "Larry Turner" <l02turner [at] comcast.net>
Cc: <ItsmeMrWright [at] aol.com>; <ferrari [at] ferrarilist.com>; 
<Rexnbutchie [at] aol.com>
Sent: Friday, June 19, 2009 7:26 AM
Subject: [Ferrari] Add End: Official Announcement FOTA pulling out of F1


> Hey Erick: The REAL Formula 1 died a long time ago. Max,?mit ?his 'der 
> Fuhrer' complex, with the help of Bernie, killed it with their 'Do it?my 
> way, or the highway' attitudes.
>
> Dropping the tradtitional tracks that made the sport what it is today in 
> favor of jungles and sand piles that nobody really cares about really 
> turned many fans off. Including me. And that's just the tip of the 
> iceberg.
>
> But it put tens of millions of Euros in the pockets of the very people who 
> were killing the sport.
>
> The day the new series starts is the day that I will stop watching, 
> attending and supporting what is now called?F1.
>
> Let the games begin!? Yer pal, Ferrari Bubba
>
>
> -----Original Message-----
> From: Erik
> Subject: Re: [Ferrari] Official Announcement FOTA pulling out of F1
>
>
>
> Mark today's date, F1 just died.  Death certificate to be issued after
> the last race.
>
> On Thu, Jun 18, 2009 at 9:35 PM, Jim wrote:
>>>Hot off UPI - 8 FOTA teams officially pulling out of F1 - starting new
>>>series ...
>>>
>>>http://www.upi.com/Sports_News/2009/06/18/Eight-teams-plan-to-leave-Formula-One/UPI-68161245374886/
>>
>> ? Do we say "about time"?
>>
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