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Top teams Ferrari and Mercedes are pushing back against Liberty Media's plans to modernise formula one. Ferrari is threatening to quit the sport after new F1 owners Liberty announced their intention to substantially change the engine rules for 2021.
Former F1 supremo Bernie Ecclestone thinks the threat is real. "If the regulations come out where Ferrari think it is going to be a struggle and they can't support the money then they will leave," he told F1 business journalist Christian Sylt in the Independent.
And the top two teams are also set to hit back against the plans for a EUR 100-150 million budget cap. Those plans are to be unveiled by Liberty Media early this week. "We are curious to see what we are presented with," Mercedes boss Toto Wolff told Bild am Sonntag newspaper.
It is believed that, to police compliance with the cap, the proposal will involve FIA accountants being embedded within each F1 team. But Wolff insisted: "Nobody will get insight into our internal structures and processes."
Ecclestone thinks Ferrari will also not accept a budget cap. "They want to spend what they can afford to spend and I've always said the same thing. If people can't spend they have to go," he said.
Bild quoted Ferrari president Sergio Marchionne as saying he is ready for a fight. "I expect there to be a dispute until there is a solution," he said. (GMM)
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Replies (5)
Login to replykngrthr
Posts: 203
Mercedes and Ferrari are not just racing teams but major companies.
they cannot accept a spy in there watching every move.
imagine how harmonious that would be on a day to day basis.
calle.itw
Posts: 8,527
"Hey Marcello, how's it going? All good with the wife and kids? By the way, lemme look at that compressor of your's"... I can definitely see that being a grand time for Ferrari.
calle.itw
Posts: 8,527
"Hey Marcello, how's it going? All good with the wife and kids? By the way, lemme look at that compressor of your's"... I can definitely see that being a grand time for Ferrari.
f1dave
Posts: 782
What other sport lets the players set the rules? If you don't want to play by the rules just don't compete.
RogerF1
Posts: 501
Couldn't agree more. Imagine how intense a season long battle would be between McLaren, Force India, Red Bull, Renault, Williams and with Torro Roso and Haas nipping at their heels. Awesome racing I would think from red lights to flag.
talktohenry
Posts: 362
Merc will end up doing the right thing, but Ferrari need to smell the coffer - F1 can and will survive with or without them! Days of one team dominating are growing to a halt........