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Bernie starts to show his hand (Read 253 times)
May 22nd, 2009 at 10:22am

expat   Offline
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Bernie starts to show his hand Ecclestone has issued a thinly veiled warning that he will sue Ferrari if it walks away from Formula 1 suggesting that Ferrari would itself be in breach of contract if it were to pull out of F1 in 2010 – having pledged its involvement through to 2012 – and hinted that such a move would trigger legal action.

This should make it interesting......Toyota, Redbull, Torro Rosso and Ferrari all fighting for the last two grid place after the Poisoned Dwarf sues them into racing, a middle finger to him each race followed by, whoops my car(s) are broken and must retire after the first lap Grin

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Reply #1 - May 22nd, 2009 at 10:38am

Craig.   Offline
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Bernies got nothing. He's got a contract for those teams to be racing. If they decide like they want, to p*ss off and create their own series and provide CVC (Bernies company) with TV/Sponsorship rights then Bernie will be getting his racing from the contracted teams and there is diddly he can do about it.
The teams can argue that the contracts are broken the second the FIA start fiddling with the rules anyway as the agreement they signed upto included details on the rules and such. They'll just say since there was a unanonmous(sp?) agreement on rule changes then they cant legally push it through under their contract with Bernard..
Bernie needs to pick a side and stick to it. I know he's trying to be a mediator but he's constantly switching sides and its failing.
 
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Reply #2 - May 22nd, 2009 at 12:45pm

ozzy72   Offline
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Methinks the only thing Bernie has in his hand is his weiner Roll Eyes Grin
 

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Reply #3 - May 22nd, 2009 at 2:44pm

Craig.   Offline
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Quote:
Teams agree to leave F1


According to Formula One Teams' Association President, all teams have agreed to withdraw from Formula One at the end of the season should the sport’s governing body, the FIA, proceed with its plans to introduce a £40m budget cap for the 2010 season, the BBC reports this afternoon.

Few details are available as FOTA has concluded their meeting on board Flavio Briatore’s yacht anchored in Monte Carlo ahead of this Sunday’s sixth round of the championship at the Principality, but Ferrari President and FOTA Chairman Luca di Montezemolo has made clear the threat to exit the sport is far from a bargaining gesture.

The teams are now meeting with FIA President Max Mosley to state their case, presumably with their own cost cutting plans for the 2010 season and beyond, a move that Mosley believes is unlikely to yield a realistic alternative to the budget cap.

Asked if he was confident about the meeting with the FIA President, he answered: "We will see. We are all together," he said after the meeting on Force Blue.



"We will be in position to go to the FIA saying in a very constructive but very clear way the position of FOTA," Montezemolo continued.

Insisting that the proposition to Mosley will be final he added: "What is important is that our view of the future is absolutely in common. We want Formula One, we don't want something else."

With both sides seemingly unwilling to back down, the threat of a breakaway series has gone from an unlikely possibility, to a real threat to the governing body and commercial rights holders; Formula One Management.


Talks continue tomorrow, hope for something constructive. This may be the weekend that F1 (or whats left of it) Officially dies. Cry
 
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