Red Bull Toro Rosso & Toyota to PULL OUT

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Red Bull Toro Rosso & Toyota to PULL OUT
Topic Started: May 12 2009, 02:34 PM (143 Views)
galahs	May 12 2009, 02:34 PM Post #1
Four of a Kind Posts: 36,465 Group: Admin Member #2 Joined: 27 September 2005	Both teams owned by Red Bull on Monday joined Toyota in threatening to pull out of Formula One if the sport's ruling body does not make changes to its controversial budget-cap rules for next year. The Red Bull Racing and Toro Rosso teams are both operated by Red Bull owner Dietrich Mateschitz, who revealed in an interview with an Austrian daily newspaper that he planned to boycott the planned rule changes. On Saturday Toyota said they did not support the new rules - which, it is claimed, would create a two-tier championship in F1 - and would not lodge an entry bid for 2010 unless they were changed. Mateschitz told the Salzburger Nachrichten: "If the proposed rules for 2010 remain unchanged, we will not enter next year's championship - and I guess that won't do for the works teams either. "So, possibly, only two, or maybe three, of the existing teams will enter the championship. The conditions for 2010 at the moment make it impossible to sign in. But I hope there will be a meeting and a settlement before the entry deadline." Paddock sources at the Circuit de Catalunya on Sunday suggested that there may be only a handful of teams prepared to comply with the International Automobile Federation (FIA)'s current plans - Brawn GP, Williams and Force India. They are the only truly independent, old-style racing teams left in the sport. Any teams wishing to participate in next year's world championship have until May 29 to agree with the new cost-capping regulations that have aroused so many heated reactions. The FIA has proposed a voluntary STG40 million ($A80 million) budget cap for the teams - and this figure excludes drivers' salaries, engines, fines, penalties and marketing and hospitality. Those teams that comply with the cap will be allowed much greater technical freedom and unlimited out-of-season testing. Testing in the season is currently banned. In effect, according to many observers, it means that teams that have big budgets will not have the technical freedom to spend their money that those on smaller budgets have - hence the creation of a two-tier formula. But, as former Benetton team chief David Richards pointed out, "in theory, this means that the most creative engineers who can spend money most wisely are going to win races and not just the people with the deepest pockets." Richards, the head of one of Britain's leading motor racing companies Prodrive, is contemplating making an entry for 2010 - possibly with Aston Martin. But, he said, he has to assess if it is possible for his team to be competitive before he can make a commitment. If Richards decides to enter, with a new team, he would probably stimulate entries from other racing teams who feel that now is the right time to go into Formula One. And that may signal the end of the 'big budget' days for a sport that has been dominated by major car manufacturers like Mercedes-Benz, BMW, Renault, Ferrari - supported by Fiat - and Toyota. A meeting between the FIA president Max Mosley and the Formula One Teams' Association (FOTA) is expected to take place before next week's Monaco Grand Prix. The teams are reportedly also upset at the way in which Mosley and the FIA have introduced new rulings and new technical regulations without a full consultation process.



galahs	May 12 2009, 02:35 PM Post #2
Four of a Kind Posts: 36,465 Group: Admin Member #2 Joined: 27 September 2005	How is encouraging cost savings a bad thing??? :laury:



Steve	May 12 2009, 11:28 PM Post #3
The Colosseums' motorsport expert Posts: 4,163 Group: Global Moderator Member #19 Joined: 29 September 2005	no... its about the 2 tier system that they will implement.... the FIA will bring in a non-compulsory 40 million euro budget.... teams that follow this have unlimited out-of-season testing, unlimited engine and gearboxes during the season. flexible aero parts... and get a few other technical freedoms.... whereas teams who dont stay under, get hit with heaps of "slow downs".... they want every team to be under the same rules no matter what.



cookie76	May 13 2009, 12:10 AM Post #4
Surely you can't be serious? Posts: 5,258 Group: Promotions Member #479 Joined: 12 July 2006	Everything is pointing to a complete breakaway competition which to me will be a good thing. Finally get rid of the twat bernie and his stupid controlling tactics.



Waratah.	May 13 2009, 04:17 AM Post #5
Full House Posts: 17,978 Group: Full Member Member #111 Joined: 18 January 2006	its all politics atm.trying to get what they wantwhich is a bigger budget!!! if they pullout someone will replace then just look at honda!!!



Steve	May 13 2009, 12:57 PM Post #6
The Colosseums' motorsport expert Posts: 4,163 Group: Global Moderator Member #19 Joined: 29 September 2005	Ferrari and Renault have threatened to quit if the 2 tier system is introduced



galahs	May 13 2009, 01:30 PM Post #7
Four of a Kind Posts: 36,465 Group: Admin Member #2 Joined: 27 September 2005	Fair enough I guess. So would all the teams be happy if they said the salary cap is 20 million for everyone?



keyip	May 25 2009, 04:39 AM Post #8
Straight Posts: 2,606 Group: Full Member Member #627 Joined: 3 September 2006	Quote: MONACO � Formula One teams and FIA president Max Mosley are closing in on a fix for a disputed budget cap, with the original euro45 million (US$60 million) figure expected to be pushed back one year to 2011. Mosley told reporters at the Monaco Grand Prix on Sunday that the governing body and the Formula One Teams Association were closing in on a deal following a weekend of negotiations over the contentious figure, which would not come into effect next season. "I think we are going to get somewhere," Mosley said. Five teams, including Ferrari, have threatened to quit auto racing's premier sport over the sudden introduction of the cap, which Mosley is pushing through as auto racing's premier sport makes major cost cuts. http://www.gmanews.tv/story/162693/F1-teams-FIA-close-in-on-cap-solution-to-avert-teams-quitting-in-2010 Sounds reasonable. A cap is looking almost essential for the future of the sport but 2010 was too soon



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