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| Mass exodus from F1... | |
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| Topic Started: Nov 4 2009, 09:50 PM (111 Views) | |
| Steve | Nov 4 2009, 09:50 PM Post #1 |
The Colosseums' motorsport expert
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After the withdrawal of Honda and BMW in the last 11 months... Toyota have now pulled out of the sport after agreeing to stay in the sport until 2012 just weeks ago... Reanult are having an emergency meeting next week to decide their future and bridgestone are also considering their future... |
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| cookie76 | Nov 5 2009, 12:15 AM Post #2 |
Surely you can't be serious?
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Bridgstone are out or that's what I heard yesterday on the news. Renault I think will stay but it could go either way. |
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| galahs | Nov 5 2009, 12:36 AM Post #3 |
Four of a Kind
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thats not good news. When do the salary cap initiatives mentioned last year come into play? or were they totally scrapped |
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| cookie76 | Nov 5 2009, 01:24 AM Post #4 |
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Surely you can't be serious?
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They start to take affect from next season. That being said you will not notice the impact really as a spectator. Over the coming years they need to reduce their spending limits, they are not having them capped straight away. On the exodus, I am not that concerned. 2 teams are out and 3 are coming in. With respect to the tyres, another manufacturer will fill the void but if they dont, Bernie and the teams will need to purchase the tyres rather than getting them free of charge. |
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| galahs | Nov 5 2009, 02:46 AM Post #5 |
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Four of a Kind
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im not sure what F1 should do. it wants to remain the pinnacle of technology but is it sustainable financially. |
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| galahs | Nov 5 2009, 02:57 AM Post #6 |
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Four of a Kind
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F1 braces for another bombshell as Renault considers pulling out From correspondents in London, England November 05, 2009 Renault has held an emergency board meeting in Paris to discuss pulling out of Formula One, as Toyota announced it was quitting the sport. The French car company was considering whether to remain in Formula One, switch to become an engine supplier only to teams, or exit the sport altogether, the BBC reported. The outcome of the meeting, attended by Formula One team bosses Bob Bell and Jean-Francois Caubet, was not immediately clear. Renault has been dogged in recent months by a race-fix scandal in which the team decided not to contest charges that Nelson Piquet was ordered to deliberately crash in Singapore last year to help teammate Fernando Alonso to victory. Renault's former team boss was banned from the sport indefinitely and its chief engineer was suspended for five years. Renault finished a dismal eighth of 10 manufacturers in the constructors' championship after the final race of the season in Abu Dhabi last weekend. The meeting came as Formula One was left reeling by Toyota's decision to quit in response to the economic crisis, just days after tyre manufacturer Bridgestone also pulled out. Toyota said its decision to leave after this season reflected “the current severe economic realities". Honda have already withdrawn, while Germany's BMW have announced they were leaving at the end of the season to cope with the credit crunch. While F1 attracts millions of viewers, the amount of money it costs to run a team - estimated at hundreds of millions of dollars a year - means it has become an unaffordable luxury for some manufacturers. Agence France-Presse |
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| Steve | Nov 5 2009, 05:34 AM Post #7 |
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The Colosseums' motorsport expert
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i havent seen or heard of any confirmation from bridgestone.... just rumours.... but in the world of F1, rumours are usually true... |
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| galahs | Nov 6 2009, 01:17 AM Post #8 |
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Four of a Kind
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If they have to pay for their own rubber, may I suggest the Bob Jane All Rounder :correct: |
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6:16 PM Sep 4
