Something that I do a lot of is think! Hence this blog, to document some of the random thoughts that go through my head.
I am not gifted in any literary way, so please be gentle with your criticism.
Hope you enjoy reading some of the things I put up. :)
So finally they have decided that they will not go ahead with the idea of having a break-away series (by they I mean the F1 teams).
As if we believed that there was ever going to be one! There is just TOO much money on the table!
It was a bluff and I don't know if Bernie bought it.
Atleast that is what I think.
The latest team to join the Formula 1 Circus next year is Prodrive. Prodrive was supposed to join in 2008 but did not. The proposed budget cap has persuaded them to join for the 2010 season. The Chairman David Richards says he expected the budget cap to be even lower.
So we have a new team next year, but will we have all 13 teams?
Yes, we most probably will. McLaren, BMW Sauber, Toyota, Renault, Red Bull Racing, Toro Rosso, Brawn GP and Force India have all signed up for the season. However, the teams have only signed up to the new season on the condition that they are able to operate on the basis of current technical regulations.
The official statement regarding next year's rules will be out on 12th June. There is speculation that the cap would be GBP 80 M in 2010 and 40 M in 2011.
Well, your guess is as good as mine till the 12th.
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Between all the hullaballoo that half the teams are making against the £ 40 Million budget cap for the next season, Williams has gone ahead and lodged their entry for next year! The deadline for submission of their entries for all the teams is not until this friday.
Williams is saying that lodging a 2010 entry was merely a formality, as the team is contracted to both the FIA and Formula One Management to participate next season. In their latest letter to the FIA, the teams have requested that the existing 2009 technical rules be retained for next season, while the future framing of the Formula One regulations is considered further.
The team that has been the most vocal in the protest is obviously Ferrari, with their mulitmillion dollar budgets. Stefano Domenicali, the team principal said, “For sure the costs are something that all the teams are fully committed to work on, but as I said before the costs are related to the business of the teams. We know what we can invest, we know what we can do and I think this is something that the teams have to discuss internally and decide on their own what they can afford, to keep the value of Formula One at the standard that we know. It is something that we feel should not be imposed on us by someone else."
Have you heard of something called as 'Recession' Stefano? Seriously, read the papers!
Anyways, who would like to guess what the turn of events are going to be from here on?
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