STODDART: MINARDI ARE PAYING FERRARI | FerrariChat

STODDART: MINARDI ARE PAYING FERRARI

Discussion in 'Other Racing' started by yesod, Jan 17, 2005.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. paulyb

    paulyb Karting

    Nov 1, 2003
    150
    London
    Full Name:
    paul bellis
    From ITV-F1:

    Paul Stoddart has revealed that Ferrari are subsidised by the other nine teams on the grid.

    The Minardi boss made the dramatic disclosure in an interview that appears in the latest edition of F1 Racing magazine.

    Asked if he thought the FIA were under the thumb of Ferrari, Stoddart replied: “No, I just think... Ferrari are special.

    “Why do all the other teams pay money, real chequebook-out money, to Ferrari every year, under the Concorde Agreement?

    “Why on earth, with our tight finances, do Minardi, for example, have to pay money to Ferrari every year? There’s no good reason for it.

    "The answer we’re given is that it’s ‘in recognition of their historical contribution to the sport’.”

    Stoddart is also unhappy with the influence that the world champions have over the sport’s regulations.

    He said: “There’s talk, and I can’t say if it’s true or not, that the 2005 regulations were written by, among others, 18 people from Ferrari.

    "It’s only paddock talk, of course – but then again, Max has openly conceded that the FIA consulted Ferrari, hasn’t he?

    “I’ve got a lot of respect for Ferrari, particularly for Michael (Schumacher), but if a team are totally dominating the championship, and have done for years and will do so for the next few years, then it adds insult to injury to let these people write the rules because it’s fairly obvious they’ll write them in a way that suits them.

    “Believe me, Ferrari are going to win the 2005 and 2006 titles, and there’s nothing any of us can do about it.”


    http://www.itv-f1.com/News_Article.aspx?PO_ID=31906


    Sorry - just realised someone else has already posted this: DOH!!!
     
  2. 62 250 GTO

    62 250 GTO F1 Veteran

    Jan 9, 2004
    7,765
    Nova Scotia Canada
    Full Name:
    Neil
    Damn Straight!
     
  3. 62 250 GTO

    62 250 GTO F1 Veteran

    Jan 9, 2004
    7,765
    Nova Scotia Canada
    Full Name:
    Neil
    How about writing somthing in the thread title about the subject, so there isn't 500 posts about the same issue? "Interesting", "WOW", "Shocker" etc... is useless.
     
  4. Gilles27

    Gilles27 F1 World Champ

    Mar 16, 2002
    13,337
    Ex-Urbia
    Full Name:
    Jack
    Interesting;)
     
  5. paulyb

    paulyb Karting

    Nov 1, 2003
    150
    London
    Full Name:
    paul bellis
  6. PSk

    PSk F1 World Champ

    Nov 20, 2002
    17,673
    Tauranga, NZ
    Full Name:
    Pete
    I do think the current Concorde agreement sucks ... i.e top teams getting all the funds, etc., but as for the rules and impact Ferrari has on the series, er, ofcourse they have a big impact. Grow Minardi into a top team and Stoddart's impact on the series will grow too.

    Pete
     
  7. PSk

    PSk F1 World Champ

    Nov 20, 2002
    17,673
    Tauranga, NZ
    Full Name:
    Pete
  8. 62 250 GTO

    62 250 GTO F1 Veteran

    Jan 9, 2004
    7,765
    Nova Scotia Canada
    Full Name:
    Neil
  9. imperial83

    imperial83 F1 Rookie
    BANNED

    May 14, 2004
    2,893
    Paul Stoddart is a bitter man that cannot stomach the fact that Ferrari will win the 2005 and 2006 championship. Minardi will never be able to compete at the top level and will probably go belly up in the next year or so.

    If Paul Stoddart thinks that Ferrari are in complete control and the Concorde agreement sucks then he should quit F1. Why compete in something you know you cannot win? After all he is complaining because he cannot win. No one is forcing him to be in F1. He can just as easily take his team and compete in a lower formula series. No one held a gun to is head and made him sign the Concorde agreement!!! He signed it because he wanted to be in F1.

    I hate people that complain. Don't complaing about the situation if you agreed to be part of it!
     
  10. PSk

    PSk F1 World Champ

    Nov 20, 2002
    17,673
    Tauranga, NZ
    Full Name:
    Pete
    Gee imperial, I actually agree with you.

    I have not seen any proof yet that Paul has moved Minardi forward one bit ... and I am disappointed with this.

    Any team can eventually win, but you cannot win by doing nothing, you need to invest in the future of the team and achieve some sort of improvement every year ... like say new factory, new manufacturing equipment, wind tunnel, etc.

    Pete
     
  11. judge4re

    judge4re F1 World Champ

    Apr 26, 2003
    13,477
    Never home
    Full Name:
    Dr. Dumb Ass
    Marketing 101

    Ferrari = Formula 1

    Any questions?
     
  12. paulyb

    paulyb Karting

    Nov 1, 2003
    150
    London
    Full Name:
    paul bellis
    The bottom line is the other teams obviously feel paying Ferrari is worth it. Didn't Ron Dennis himself; arch Ferrari detractor recently say that paying Ferrari an extra $5 million (or was it $50mm?) to join the GPWC was worth it?

    Paul Stoddart has demonstrated time and time again that he's willing to say a lot of things in public if he thinks it will help his team. Most team principals would, of course, but Stoddart has been especially vocal these past couple of years. Remember Ron Dennis' "soup kitchen" comment to PS in 2003 at the Canadian GP. Maybe Ron is now lining up for a handout...
     
  13. yesod

    yesod Formula Junior

    Nov 2, 2003
    345
    Lakeland,fl
    Full Name:
    Keith

    Sorry, wasn't thinking
     
  14. imperial83

    imperial83 F1 Rookie
    BANNED

    May 14, 2004
    2,893
    I agree completely. I have no sympathy for Paul Stoddart or for the Minardi team. They chose to be in F1. If they cannot compete at the top level no one is forcing them to stay in F1. The door is open. LEAVE!

    Paul has been going on and on for the past two years how everything is unfair and there is a conspiracy to let Ferrari win. Paul, there is no conspiracy. The fact in F1 is that Ferrari will continue to win because teams such as Minardi do not have the determination to compete.
     
  15. Old Guy

    Old Guy Formula Junior
    Honorary

    Dec 1, 2003
    438
    No longer here
    As Stoddart says he pays real money out of his checkbook every year to Ferrari, could we please see just a couple of the cancelled checks? Paul, we swear we'll never doubt you again....
     
  16. Koby

    Koby Formula 3

    Dec 14, 2003
    2,307
    The Borough, NJ
    Full Name:
    Jason Kobies
    I thought this was common knowledge. Ferrari brings huge ratings, from which all the teams benefit (case in point- I became interested in F1 because that is where Ferrari races). That said, while I understand the system, I don't agree with it. This agreement dates back to a very different Ferrari team, and after the success of the past few years, I don't see the need for this futal system.

    As for Stoddard, I like his style. He came in, staked his claim, and is holding his ground against the F1 establishment. With their budget the fact that they manage to show up each week is more of an accomplishment than most other teams manage with their meager results (Toyota). I agree that the real proof of Stoddard's efforts is if the team grows, but that does take time, and they have been busy fighting for survival, so give it more than 2 seasons before you render a verdict.
     
  17. bigodino

    bigodino F1 World Champ
    Silver Subscribed

    Apr 29, 2004
    13,127
    The Netherlands
    Full Name:
    Peter den Biggelaar
    I don't understand: is Minardi and every other team directly paying Ferrari because of historical significant reasons? And how long is this going on? And why didn't Stoddard complain any sooner about this?

    Or is he talking BS and is he refering to the fact that every team pays an amount of money to F1 and the top runners get a share out of this budget?
    If so, why is Stoddard complaining about Ferrari and not BAR?

    I think it's pathetic (sp?) how the other teams are trying to make Ferrari a scapegoat for all their own and F1's problems. Really makes me wonder why I should watch F1 anymore..
     
  18. 62 250 GTO

    62 250 GTO F1 Veteran

    Jan 9, 2004
    7,765
    Nova Scotia Canada
    Full Name:
    Neil
    No problem, it just seems to happen a lot.
     
  19. tifosi12

    tifosi12 Four Time F1 World Champ
    Lifetime Rossa Owner

    Oct 3, 2002
    49,612
    @ the wheel
    Full Name:
    Andreas
    I just merged the "Interesting" thread with this one as they're about the same thing.
     
  20. Old Guy

    Old Guy Formula Junior
    Honorary

    Dec 1, 2003
    438
    No longer here
    To over simplify (dial-up in a cheap hotel room):

    By the Concorde agreement, the teams get a fixed share of certain revenues, almost entirely from TV. (The major contention of most teams is that this number is far, far too low, with Bernie taking too much. Paul Stoddart has been taking Bernie's position on several issues, such as the proposed testing ban.)

    Rather than dividing this sum on an exactly equal basis among all teams, Ferrari gets a slightly larger percentage, based on its long history in F1. (Ferrari is in fact the only team to participate from the beginning of the Formula One/Grand Prix championship in 1951.) This is a purely commercial decision, based also on the belief that Ferrari's presence in F1 brings in more fan support. All ten teams (including Minardi) signed this agreement.

    When Paul Stoddart says that the money comes out of his checkbook, and that he is paying Ferrari (and similar statements) he is not being exactly accurate.

    It can be argued that this system is fair or not, but it cannot be argued that all teams agreed to the system, including the extra percentage for Ferrari.
     
  21. speedy_sam

    speedy_sam F1 Veteran

    Jul 13, 2004
    5,559
    TX
    Full Name:
    Sameer
    To all the previous posters who were mentioning that Paul Stoddart is doing a pathetic job .... just take a look at this

    Race #1: Australia 2005
    Pole - Ferrari - 1'24.408"
    Fastest Minardi - 1:30.681"
    Difference - Minardi is 7.4% slower

    Race #18: China 2005
    Pole - Ferrari - 1'10.646"
    Fastest Minardi - 1'13.550"
    Difference - Minardi is only 4% slower

    A couple of observations:
    - Minardi closed the gap by a decent bit by the end of the year. So there was development done by Minardi to improve the car. They werent sleeping on the job. Note: Both cars share the same tires. So it is not really a factor.
    - Minardi do not have the benefit of drivers with 200+ races under their belt. They also do not test as much - not enough money.
    - A 96% performance rating to Ferrari with reputedly 80% lesser budget is a fabulous achievement anywhere.
    - One of the key persons in Minardi "John Boy" died this year. So some of their impetus was perhaps hurt.

    F1 to me is not just about the big boys. Sure I like Ferrari but I feel F1 wouldnt be F1 without the underdogs as well - Minardi, Jordan, etc.

    If one was critizing performance - teams like Jaguar and Toyota need to be whipped for their pathetic performance given their budget.

    I personally root for Ferrari, Kimi, Sauber (mainly because of Peter Sauber) and Minardi.
     
  22. PSk

    PSk F1 World Champ

    Nov 20, 2002
    17,673
    Tauranga, NZ
    Full Name:
    Pete
    That is great and impressive ... but maybe the China track suited the Minardi (?).

    Anyway (as I pointed out earlier) where is the long term investment in the team. Yes I appreciate that they work hard at improving their car during the season, but F1 is not only about racing the current car, it is about investing in your teams future and expertise ... and I have not heard of Minardi improving the facilities one bit. You normally hear all about this stuff as it attracts sponsors 'cause they can see you are aiming to move forward.

    Pete
     
  23. speedy_sam

    speedy_sam F1 Veteran

    Jul 13, 2004
    5,559
    TX
    Full Name:
    Sameer
    Yes they would if they could ... poor guys are scrabbling to survive - I mean if they are resorting to scavenging old Arrows parts and other cars it shows that they are struggling.

    I guess their best hope is to partner with a manufacturer ... of course this would mean loss of their independence
     
  24. JaguarXJ6

    JaguarXJ6 F1 Veteran

    Feb 12, 2003
    5,533
    Black Hawk, CO
    Full Name:
    Sunny
    Another team paying Ferrari for their historical significance... LOL! Excuse me while I grab my genitals in a vulgar gesture.

    What would happen if teams started pulling out? Serious consequences is an understatement. Too bad that will never happen.

    Credit is due to Ferrari for keeping themselves positioned above the other teams, on and OFF the track. It will be a great day for the sport when Ferrari are beaten at their own game.
     

Share This Page