'F1 is completely unsustainable' | Page 7 | FerrariChat

'F1 is completely unsustainable'

Discussion in 'F1' started by william, Oct 26, 2014.

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  1. kraftwerk

    kraftwerk Two Time F1 World Champ

    May 12, 2007
    26,826
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    Steve
    Exactly.
     
  2. Fast_ian

    Fast_ian Two Time F1 World Champ

    Sep 25, 2006
    23,397
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    Ian Anderson
    Nope!.... And therein lies one of the problems - They're (rightly!) selfish and only interested in their own business.

    Trouble is, their businesses could go down if there's no series in which to run. I know I don't want to see the "big four" running 4 cars each for example.

    CVC should give more back, and the distribution model should be "flattened" some; Sure, success should be rewarded - handsomely at this level, but not giving $ one to the tailenders just seems wrong to me.

    Cheers,
    Ian
     
  3. kraftwerk

    kraftwerk Two Time F1 World Champ

    May 12, 2007
    26,826
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    Steve
    Again exactly, I do not disagree.
     
  4. VIZSLA

    VIZSLA Four Time F1 World Champ
    Owner

    Jan 11, 2008
    41,693
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    David

    The problem is the FIA period. Their stewardship is laughable. The way they've handled their fiduciary responsibility borders on the criminal.
     
  5. Fast_ian

    Fast_ian Two Time F1 World Champ

    Sep 25, 2006
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    Ian Anderson
    Agreed.

    I suspect the "sweetheart", 100 year deal, Mad Max gave Bernie back in the day will become a study lesson for how to get things wrong for sanctioning bodies at the least.

    I understand, indeed admire, Bernie for what he's done in terms of revenue generation - The money's there, it's just not being administered "fairly", which is where the FIA should be involved.

    Cheers,
    Ian
     
  6. ginge82

    ginge82 Formula 3

    Jul 23, 2012
    1,361
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    Art Corvelay
    I doubt Bernie is in the habit of handing over money to teams he thinks are making empty threats. He obviously feared the very teams getting paid the most now, were going to pull out completely if they didn't get the very deals the smaller teams have complained about.

    Interesting to think about where the sport would be today if those teams made good on their threat and Bernie stood his ground.
     
  7. william

    william Two Time F1 World Champ

    Jun 3, 2006
    27,890
    +1
     
  8. william

    william Two Time F1 World Champ

    Jun 3, 2006
    27,890

    If it wasn't a sport, but a pure commercial venture, nobody in his right mind would enter F1 as a newcomer.

    I wouldn't put a penny in it.
     
  9. william

    william Two Time F1 World Champ

    Jun 3, 2006
    27,890
    A new world series? Bernie proposed about the same thing when he was on the other side of the fence.

    But the poacher has become the game keeper now ...

    He made peace with Ferrari and gave them an unfair advantage to make sure the Old Man would back him up. Then, other poacher Mosley sold him the organisation rights for a paltry sum of money.

    The rest is history ...
     
  10. william

    william Two Time F1 World Champ

    Jun 3, 2006
    27,890

    I was going to say; with all that furore, have you heard anything from Jean Todt yet?

    Not a workd, unless I missed something.

    At least Ballestre and Mosley used to be opiniated about F1.

    I don't know if Jean cares...
     
  11. mikelfrance

    mikelfrance Formula Junior

    Apr 15, 2014
    594
    I'm going to be serious here.. if any of you have raced anywhere, you know it's not cheap to go racing.

    HOWEVER there is no way in the world F1 should NOT be sustainable with the amount of TV and sponsorship money it brings in. There's plenty, PLENTY of money there. PLENTY!!!!

    Find out where all the money is going that doesn't need to go there and you'll make this work again.

    And, I suggest, if they want more TV viewers, the include Fighting matches between Teams like Nascar. That will bring in the viewers! :)
     
  12. VIZSLA

    VIZSLA Four Time F1 World Champ
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    Jan 11, 2008
    41,693
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    I picture J.T. Sitting in his grand office in Paris rearranging the pencils on his desk.

    Jean and Max scared the sport so much that they're afraid of giving the head of the FIA any real authority.
    That may be Max's most insidious legacy.
     
  13. william

    william Two Time F1 World Champ

    Jun 3, 2006
    27,890


    But don't you think that Todt should be involved?

    In the fight between teams and Bernie, on the redistribution of money, etc.., shouldn't he be acting as a referee or a peacemaker?

    No sign of leadership from Place de la Concorde it seems.
    I am disappointed, to say the least.
     
  14. VIZSLA

    VIZSLA Four Time F1 World Champ
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    Jan 11, 2008
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    Indeed I do.
    Any sport needs a strong, independent administrator that can look beyond the interests of individual constituencies and act in a comprehensive fashion for the good of the sport.
    Sounds like a job for the FIA but they've sold their cojones and left the inmates to run the asylum.

    While F1 is a business it requires a healthy sport to sustain itself. If and when they stop selling the seed corn, killing the Golden Goose and milking the Magic Cow dry they can get their product back in shape.
     
  15. Mitch Alsup

    Mitch Alsup F1 Veteran

    Nov 4, 2003
    9,742
    I bet nobody actually knows where all of the money goes.
     
  16. LightGuy

    LightGuy Four Time F1 World Champ

    Oct 4, 2004
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    David
    Do you really think the fans care whether the teams are spending 50 million or 300 Million ?
    What they want is a competitive show.

    You're right; no-one DESERVES success from the front of the grid to the back. However if you want to see independants in F1 it has to make financial sense or the era of the independent is over. Period.


    Bingo. In fact there is boatloads of cash.

    Dont blame the backmarkers for Bernies and CVC's greed and expensive rules.
     
  17. LightGuy

    LightGuy Four Time F1 World Champ

    Oct 4, 2004
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    David
    I bet you are wrong.
    Someone knows where every penny goes.
     
  18. LightGuy

    LightGuy Four Time F1 World Champ

    Oct 4, 2004
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    David
    FOTA would save F1 and keep the main manufacturers such as Toyota and BMW involved. Hell they could even turn a profit if they got their act together. The NFL ( contrary to their tax status ) is NOT a non-profit organization. Every sporting authority in the world should look to the NFL as an example.

    Bernie used the divide and conquer strategy on these fools with our pals Ferrari (and Williams) as the wedge.
     
  19. VIZSLA

    VIZSLA Four Time F1 World Champ
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    If the FIA did its job none of that could happen.

    F1 is addicted to money. Addicts make poor choices.
     
  20. LightGuy

    LightGuy Four Time F1 World Champ

    Oct 4, 2004
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    David
    The money goes to CVC.
    F1 does not need CVC. They just dont know it. No one goes to a race to see how CVC's investments play out.

    Fans want competition. In NASCAR they say often going into the last corner no-one knows who will win. Just IMAGINE if F1 were like that !
     
  21. VIZSLA

    VIZSLA Four Time F1 World Champ
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    CVC owns most of F1.
     
  22. LightGuy

    LightGuy Four Time F1 World Champ

    Oct 4, 2004
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    David
    FIA is a ruling body bought and paid for.
    Bernie's puppet.
     
  23. VIZSLA

    VIZSLA Four Time F1 World Champ
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    If only it were a ruling body.
    Its a lap dog with a rubber stamp.
     
  24. LightGuy

    LightGuy Four Time F1 World Champ

    Oct 4, 2004
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    David
    Yes..and contributes what ?
     
  25. VIZSLA

    VIZSLA Four Time F1 World Champ
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    Jan 11, 2008
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    David
    It takes. As is its right as owner.

    A shortsighted owner who is bleeding the business dry. It would serve them best in the long run if they didn't. But it's not their legal obligation to.
     

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