Mosley Responds to Ferrari
Mosley points out that the car industry is in great trouble and that F1 Online, as an extension of it, is extremely vulnerable. Honda’s departure was a wake up call and another manufacturer could leave at any moment.Responding to Montezemolo’s lawful scourge over rights that have not been respected Mosley writes,”The only radical elements are those involved to close the gap that would otherwise exist between a inexpensive team and other contenders.
Thus if Ferrari prefers to keep with an available budget for Tickets F1, the different regulations will not divest Ferrari of any rights…I do not receive that these advised regulation compromise any commitment that has been given to Ferrari in the past, unless Ferrari would somehow argue that it is entitled to preclude different contenders from approaching at a time when the sport itself is in danger.”
He ends with a flourish, “We are confident (as are our accountants and lawyers) that a budget cap will be enforceable.
The cleverest team will win and we would eliminate the demand for depressing limitations on engineering, which the existing squads are discussing with a view to reducing prices. I hope Ferrari will take the lead in holding the price cap mechanism, thus freeing its engineers to work and preserving its shareholders’ money.”"If we are to contract the risk of the Formula 1 world championship collapsing, we have to allow different teams in. We also have to contract costs drastically. The matter is consequently highly urgent.”
No Comments
No comments yet.
Sorry, the comment form is closed at this time.
