F1 2022 - News/Regulation change/Developments | Page 20 | FerrariChat

F1 2022 - News/Regulation change/Developments

Discussion in 'F1' started by DF1, Sep 19, 2020.

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  1. 20000rpm

    20000rpm Karting

    Jan 3, 2022
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    There still seems to be a lot of concern over how the budget cap is going to be monitored. For one, FiA has not mentioned how spending will be cross-checked.
    Two, when every expenditure is included under $140million, I am still unable to wrap my head around the fact that teams like Mercedes, AM can bring such huge updates without breaching the limit.
    That there is no means to audit, means teams will be taking FiA for a ride.
    And inflation, as stated by Horner, is supposed to be eating into the ceiling. Yet that doesn't seem to be the case.
     
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  2. william

    william Two Time F1 World Champ
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    It will turn political before long, IMO.
     
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  3. JWeiss

    JWeiss F1 World Champ
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    If the cap had been set at 250, the “rich” teams would already be running up against it and petitioning for an increase just as they are now.
     
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  4. Mitch Alsup

    Mitch Alsup F1 Veteran

    Nov 4, 2003
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    So, if prices/costs are rising exponentially, and the exponent is negative then prices are actually going down !
    If the exponent is close to zero, prices are staying the same.

    Thus, I don't think the work exponential means what Horner thinks it means.

    I think he is worried his funds will curtail his development needs to win WCC>
     
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  5. william

    william Two Time F1 World Champ
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    That's right, they won't be able to keep spending on development until the end as if there was no tomorrow.

    Anyone imposed a budget limit in any field don't like it.
     
  6. ingegnere

    ingegnere F1 Veteran
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  7. JWeiss

    JWeiss F1 World Champ
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    Hmmm...
    “... experts predict...”
    “... if everyone plays fair...”
     
  8. spider_s

    spider_s Rookie

    Jan 3, 2020
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    I guess I'm slightly confused by Horner's comment. Budget cap relates to performance related items, I don't believe it relates to shipping the cars back and forth, etc.

    This article tells what is not included in the cap https://www.autosport.com/f1/news/f1-cost-cap-what-is-it-what-does-it-cover-and-more-questions-answered-4982647/4982647/

    So, the engine isn't part of the cap, and quite a lot isn't included either. Sounds like Horner (RBR) are indeed running out of money, but not for what he's said above, but in performance parts.
     
  9. DF1

    DF1 Two Time F1 World Champ

    Maybe after a few more races. For now we have a budget series, focused on money not development and competition. Its pathetic lol :)

    Also they are able to spend 140. They would still have 110 to spend so I dont think your statement is accurate.
     
  10. Bas

    Bas Four Time F1 World Champ

    Mar 24, 2008
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    F1 "investigative" journalism is becoming worse by the day. If Red Bull and Merc are "near their limit" then Aston Martin must now be completely over it, because according to their own words, they developed two different concepts!

    I think right now between Red Bull and Ferrari they should be on equal spend. Merc and AM the most.
     
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  11. JWeiss

    JWeiss F1 World Champ
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    My feeling is they would have already been spending at almost twice the rate they are now. That’s assuming the cap was originally set at 250, rather than a surprise increase now to 250.
     
  12. ingegnere

    ingegnere F1 Veteran
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    I seriously don’t know how spending can be monitored and controlled but it does seem the trans are trying to play fair.

    Imagine though if after the Canadian GP RB and Merc need to stop all development and finish the year with the configuration of car run at the 8th race? Not really believable or they’ll find a way around it.
     
    Bas likes this.
  13. Bas

    Bas Four Time F1 World Champ

    Mar 24, 2008
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    I think red Bull will have their Silverstone upgrade as planned and after that its only minor upgrades such as a slot in the floor or an end plate...thats the typical path of upgrades anyways. Same goes for just abojt any team. Journos just making a story ojt of nothing.
     
  14. DF1

    DF1 Two Time F1 World Champ

    Is this year a change to Monaco for the future??

    https://www.autosport.com/f1/news/the-five-factors-that-will-decide-monacos-f1-fate/10312965/

    The five factors that will decide Monaco’s F1 fate
    There was a time when it was thought unthinkable that Formula 1 would ditch the Monaco Grand Prix.


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    By:Jonathan Noble
    May 29, 2022, 10:13 AM
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    The street race around the streets of Monte Carlo had long been viewed as F1’s jewel in the crown, and a weekend when sponsors were wowed and more eye balls were on the sport than any other.

    But times have changed and, under new owners Liberty Media, big-hitting additions like Zandvoort and Miami have ticked all the boxes that F1 chiefs want for fans and commercial interests.

    It has meant that, as F1 begins its contract discussions with the Automobile Club de Monaco over a new deal, it is approaching things with the mindset that if it doesn’t get what it wants then it will walk away.

    There are some key factors that will be at the heart of these talks and it will be up to Monaco and F1 to either come to a compromise if they want to continue, or agree to disagree and call it quits.

    And insiders suggest that, however sceptical some are that F1 would go the full distance and ditch the Monaco GP, F1 CEO Stefano Domenicali is absolutely determined for Monaco to fall into line with his vision for what grand prix events need to deliver.

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    Lewis Hamilton, Mercedes W13

    Photo by: Steve Etherington / Motorsport Images

    Race hosting fee

    There was a long-held urban myth that Monaco was so essential to F1 that it never paid a race hosting fee. That was not quite the case, as organisers do pay a fee – although it is not quite at the same level as other races.

    The fee, believed to be somewhere in the region of $12 - $15 million dollars, is around half that which many other venues provide – and well short of some eye-watering deals like Saudi Arabia and Qatar that are more than three times as much.

    While F1 will not expect Monaco to match the best of what it gets elsewhere, it does want to see some movement on what has been paid so far.

    And it will also likely demand Monaco be more flexible with its race date, as F1’s regionalisation of its calendar makes it want to run Miami and Montreal together in May which could have knock-on implications.

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    A camera operator at work

    Photo by: Andy Hone / Motorsport Images

    F1 TV production

    One of the big frustrations for F1, and something shared by fans, is that Monaco is the one race of the year where the TV direction is not done by the regular director.

    Instead, Monaco takes control of the broadcast, and in the past this has sometimes resulted in a television package that has fallen short of what is normal elsewhere.

    Important incidents have been missed (TV cut away from Sergio Perez's spin in qualifying and missed Fernando Alonso's off), the key battles of the grand prix can be overlooked to follow local or French drivers racing around alone, and some of the angle choices are not the best.

    F1 wants Monaco to fall in line with other venues and relinquish its control of the broadcasting.

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    Sergio Perez, Red Bull Racing RB18

    Photo by: Erik Junius

    Sponsorship and advertising

    Formula 1’s global reach and commercial attraction has helped earn it some important sponsors and backers.

    It works hard to ensure that its official partners are treated well and given the level of exclusive exposure that they pay for – which means no clashing brands.

    At most venues, F1 takes full control of all track advertising to ensure that everything on display is consistent .

    Monaco has been an exception to this, and retained some rights to sell trackside advertising and corporate sponsorship deals for the events it holds.

    But it is understood that its decision to give prominent trackside signage to TAG Heuer, a watch rival to F1’s official timing partner Rolex, has highlighted to FOM why this arrangement needs to change.

    F1 again wants Monaco to fall in to line with what every other venue has accepted and make concessions on this front.

    Logistics and infrastructure

    Monaco has long offered teams some of the most difficult working conditions of the year – with the cramped pits a good walk away from the paddock.

    But while things have improved a great deal over the years, with the current garage facilities certainly a world better than they were years ago when teams were stuck in a car park, there remain frustrations.

    Transport and logistics for fans could certainly be improved, with road traffic arrangements and public transport offerings certainly having room for improvement.

    Fans stuck for hours at both Nice and Monaco stations getting to/from the track is thanks to a lack of extra trains and extra carriages on the local services. For a top-line sport events, it is not really acceptable to not make sensible arrangements.

    The paddock itself remains quite cramped , and even for the media the facilities fall short – with a lack of catering (not even enough sandwiches for everyone in the media centre) a particular gripe at a time when team motorhomes remain mostly shut off so finding food is quite hard.

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    ST. HELENA - Extreme E - The Electric Odyssey moored off Monaco

    Photo by: Steven Tee / Motorsport Images

    Track layout

    One of the biggest complaints about the Monaco GP is that the race itself is often much of a let down.

    The tight and twisty nature makes it almost impossible to overtake, and that has opened the door for many processions around the streets.

    While F1 is not calling on a complete overhaul of the Monaco circuit, it believes that there are improvements that can be made to the track that could help improve the spectacle.

    It is understood that suggestions have been made to move the barriers back at the chicane after the tunnel – to help widen the entry and at least allow a better chance for drivers to make a move down the inside.

    F1 also believes that relocation and reprofiling of other segments of the track to make it wider could help deliver opportunities.

    Monaco has so far been adamant that it does not see the need to make a change on this front – but perhaps the risk of losing its contract could be motivation enough to change its tune.
     
  15. william

    william Two Time F1 World Champ
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    If followers cannot contemplate F1 without Ferrari, equally it difficult to im
     
  16. Mitch Alsup

    Mitch Alsup F1 Veteran

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    600Kg cars with 90" wheelbases would solve that problem.............
     
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  17. DF1

    DF1 Two Time F1 World Champ

    Think of all the advert space that will be lost lol :)
     
  18. DF1

    DF1 Two Time F1 World Champ

    We had no Monaco and no one cared. The world and idiot rich narcissistic fools moved on. F1 needs zero from Monaco.
     
  19. jgonzalesm6

    jgonzalesm6 Two Time F1 World Champ
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    Domenicali is flying to Johannesburg this week to discuss about a Grand Prix in South Africa for potentially next year.

    Looks like we need to start a Kyalami thread maybe??
     
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  20. DF1

    DF1 Two Time F1 World Champ

    https://www.skysports.com/f1/news/12433/12622958/red-bull-ferrari-and-mercedes-say-no-way-of-staying-below-budget-cap-as-they-fear-f1-penalties

    Red Bull, Ferrari and Mercedes say 'no way' of staying below budget cap as they fear F1 penalties

    --Horner also stressed that Red Bull "were going to end up with more people in our financial department than we have in the drawing office" and added: "What we don't want to see is that Formula 1 becomes an accounting world championship, rather than a technical or sporting one."--
     
  21. Bas

    Bas Four Time F1 World Champ

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    Imagine that. Dropping Monaco (the safest country in the world) for South Africa. Teams thought they needed beefed up security in Brazil? I love SA but...
     
  22. DF1

    DF1 Two Time F1 World Champ

    Money loves money!! :)
     
  23. jpalmito

    jpalmito F1 Veteran

    Jun 5, 2009
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    We need to stay calm !:D
     
  24. jpalmito

    jpalmito F1 Veteran

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    Because of greed, F1 management wants to race in insure geopolitical zones as we already saw is Saudi Arabia.
    This sport will paid a huge price for this ..
     
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  25. Bas

    Bas Four Time F1 World Champ

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    I still think there's a massive risk in ripping the soul from F1 i.e. by removing tradition. Whilst F1 may not care if they do end up with 30 street circuits so long they make the numbers, it may set up an irreversible slump in the not so distant future. Perfect for "GP1" to enter, IMO.

    I also wonder who'll end up paying for the South African GP? Will it be government sponsored? If so, get ready for HUGE debates and unrest. All is not fine and dandy in the SA political climate, in fact, far worse since I left. There are areas where there literally isn't any electricity for weeks on end and government corruption at an all time high.

    Who paid for the Vietnam GP that never happened? 475 million USD down the drain couldn't have gone down well.
     

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