Hi Adam
That will work once the money is sorted out, no point testing if you cant afford to make the upgrades anyway.
Italian Grand Prix 2015, Monza - Race 12/19
- Thread starter Shimmy
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Hi Adam
That will work once the money is sorted out, no point testing if you cant afford to make the upgrades anyway.
The divide between top 3 and the rest needs to be smaller, not saying it should be equal, sod that
More testing only means better performance if you have the money to develop the car, its a catch 22
FOM already distribute over 50% of their profits. And the and amount of money the teams are getting now is more than ever before because FOM are making more money.
The distribution of the FOM funds is not the problem, and its also not a solution to increase it. The changes need to be elsewhere and far bigger. It's the whole 'teach a man to fish' analogy.
Dont forget, these share holders pay into Bernies pot [ which yes gets divided amongst the teams] but, if F1 went its own way, with all the financial muscle some of the teams have F1 could survive and more than likely grow. Just my thoughts on it as a fan.
But the breakaway didn't happen, so it clearly wasn't the perfect solution.
In a sport where the profits of the promoter are distributed to the teams, the best thing you can do is put greedy people in charge. For every extra pound Bernie gets his mits on, 50p goes to the teams.
F1 is making more money than ever before, and in turn the teams are getting more prize money than ever before, and yet they cry they are all poor. The issue isn't how much they get, its how much they spend.
Edit: you think a series run by the teams would grow? Lol. How about getting them to agree what size wheels they should use first, before letting them loose to run the whole sport!
In a sport where the profits of the promoter are distributed to the teams, the best thing you can do is put greedy people in charge. For every extra pound Bernie gets his mits on, 50p goes to the teams.
F1 is making more money than ever before, and in turn the teams are getting more prize money than ever before, and yet they cry they are all poor. The issue isn't how much they get, its how much they spend.
Edit: you think a series run by the teams would grow? Lol. How about getting them to agree what size wheels they should use first, before letting them loose to run the whole sport!
They don't, but the return is much bigger benefits in other ways.
In 2010 3 new teams joined F1, and 6 years later they scored a total of 2 points between them, only 1 of them is left, and they are 5 seconds off the pace.
F1 is broken, but just throwing money at it like a cheap hooker and expecting it to magically fix things is not the solution.
In 2010 3 new teams joined F1, and 6 years later they scored a total of 2 points between them, only 1 of them is left, and they are 5 seconds off the pace.
F1 is broken, but just throwing money at it like a cheap hooker and expecting it to magically fix things is not the solution.
F1 is an expensive sport to reach the top. We crash tested so many noses to comply with the new regs it was insane. To have the best chance to succeed you have to throw money at it, its not nice to be a smaller team but, thats what it is. this is why I have stated that the divide in prize money between the top well funded teams and the lower ranked smaller teams should be closer. Like it or not, it is all about money. We once spent 300k hiring a jet to fly to Japan and painted a nose assembly on the way, that is insane but if it gets you more points it is what you have to do.
Caporegime
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It likely isn't simply because without Bernie and the current owners the existing teams alone wouldn't have the upfront money nor the power to get the deals they do with existing tracks. They wouldn't have the connections of power to wrangle new tracks being built or to push for new facilities, they'd have zero power to enforce new safety standards and hold tracks to new standards. Currently Bernie has the financial muscle where lets say they brought out a new type of safety barrier, that he can leverage a track to buy and install the new barriers or he'll simply pay some random new rich country to build a track and never come back to the first track, hence they agree to these measures.
With the financial muscle the group has they secure transport, favourable customs handling, better deals for usage of the tracks, larger sponsorship deals. In reality the current teams could break away but they'd struggle to get anywhere near the money they currently get and with zero leverage for better deals moving into the future.
As for testing, again Caterham performing better than they did would require say 20-30mil upfront to be able to afford some new designers, to afford to pay for new designs to be built and to be able to run them at tests. This would all lead to... still very likely being back of the grid with effectively no extra money.
What I absolutely don't agree with is that last place gets no money, that is beyond ridiculous. Premier league is actually an incredibly good model financially. IIRC it's 50% evenly distrubuted, 25% goes in incremental amounts from last to first and 25% depends on tv coverage, those who get on tv more get more money but here that doesn't apply because everyone is on the same track at once. So make it 65% shared evenly and 35% depends on finishing position, in that 0 goes to last place and a decent chunk extra goes to first.
The biggest difference would be again as in the premier league the top teams secure far better sponsorship deals or plough their own money in, more realistically both. But it means the last team has a secured income they can plan against, the top teams will always make more.
As in football, money doesn't guarantee everything, teams make mistakes, bad cars, overspend on a bet to improve. You get teams going into debt to attempt to do better hoping the later increase in money pays off. Teams SHOULD drop out now and then because otherwise everything is stagnant and dull. But a newly promoted team to the prem league knows they'll get X amount of cash and can certainly compete to some degree.
It needs change but Bernie and a governing group with massive financial power/backing to change these things over time is required.