Ferrari Poised For F1 Share As Sport Plots Overhaul

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tbh I don't think its a clue of any real meaning, just intriguing...

 

With Mercedes yet to sign up to the Concorde Agreement this report may have some significance.

 

Dear Mercedes, I knew thee well!

 

Ecclestone has confirmed he is "still at loggerheads" with Mercedes. They think they should have received a better offer for signing up to the new Concorde deal. He disagrees:

Of course Red Bull have been hugely more successful than the Brackley-based outfit of late but, for the sake of comparison, Tyrrell was formed in 1968 and won the WCC in 1971 with Jackie Stewart. Stewart Racing was formed in 1997 and the team won the WCC in 2010.

 

The Red Bull was winning championships back in the 60's they have a strong history... no wait.

Why do Red bull get the extra cash. i can understand about McLaren and Ferrari, well in fact I can't. No one should get extra cash without even doing anything. Points mean prizes so in my opinion how much you get should relate to performance and performance alone.

 

To be joined by a member of the McLaren team:

 

So Sauber and Williams don't deserve representatives despite having been involved in the sport for years?

 

Slightly more than there was before on Ecclestone and Brawn being at loggerheads.

 

Speculation from the F1 Mole?

 

Of the $10bn valuation of F1 for the upcoming IPO, $4.4bn is allegedly already guaranteed.

 

Mercedes urges CVC to speed up efforts to conclude new Concorde Agreement

 

So - who's in a rush? CVC wants the IPO to be made in July and Mercedes want the Concorde Agreement settled soon enough for them to urge Ecclestone to conclude the deal so as not to compromise the IPO.

Is something dark and brooding lurking beneath the surface?

Joe Saward wonders, too.

 

Via BBC Gossip - "sources close to the situation" say that the IPO is expected in two to three weeks, which surely means an announcement on Mercedes committing to the new Concorde agreement must be imminent.

 

Budget caps for 2013?

 

Max Mosley. Ahead of his time.

I'm not sure whether this report is just a mild exaggeration of Joe Saward's blog entry of a couple of days ago. He said there was "a proposal" for this rather than "it could be imposed" and "80%" of teams were in favour rather than "ten of the twelve". AMuS's description is accurate and it doesn't say "likely" or "a done deal" but there's a nuance in there that Saward avoided. I'm surprised Ferrari back it and I think there's still some arguing to be had.

I mentioned the budget cap in my Ecclestonetopia thread but it's not central to that. I'm not entirely certain that it's directly related to the Concorde agreement, either. If I understand it correctly the main points of this story are that the budget cap will or may become a sporting regulation and that it may come in as early as next year. I think it's important enough an issue to have its own thread, anyway.

 

If Ferrari and Red Bull get places on the F1 board there will never be an effective budget cap in F1.