Ferrari Life Forum banner

1 - 2 of 2 Posts

·
Registered
Joined
·
1,291 Posts
Discussion Starter #1
I just saw this article on the net. Seems like there is some tension in the F1 circle.

Formula One supremo Bernie Ecclestone has hit back at criticism from Ferrari president Luca di Montezemolo by detailing how much more money the Italian team receive from the sport than their rivals.
"Ferrari get so much more money than everyone else," the 78-year-old billionaire told Saturday's edition of the Times newspaper.
"They know exactly what they get, they are not that stupid, although they are not that bright, either. They get about $80 million more," added the Briton.
"When they win the constructors' championship, which they did this year, they got $80 million more than if McLaren had won it."
Ferrari are the sport's most glamorous and successful team and the only ones still in Formula One who were also present at the outset of the world championship in 1950.
It has never been a secret that the Maranello team receive a greater share of the sport's revenues in recognition of their special importance but a figure has not previously been revealed.
Ecclestone's remarks followed comments by Di Montezemolo in which the Italian said Formula One was not run in a normal, transparent manner, did not need a dictator and that teams should get more of the revenues.
"The only thing he has not mentioned is the extra money Ferrari get above all the other teams and all the extra things Ferrari have had for years -- the `general help' they are considered to have had in Formula One," said Ecclestone.

BROKE RANKS
The Briton added that Ferrari benefited from agreeing a new deal with him after breaking ranks with the other manufacturers in 2003 when they were threatening a breakaway series.
"They were the only team that broke ranks with the other manufacturers -- why did they break ranks?" he said. "That's where the $80 million comes in."
Ecclestone suggested Ferrari might like to share some of the money with the other teams rather than seeking more from him.
"What he (Montezemolo) should do, rather than asking for money, with all the extra money Ferrari gets, he should share all that amongst the teams," he said.
A Ferrari spokesman had no comment on Ecclestone's remarks.
"However, the topic of revenue is of the highest importance at this particular time in Formula One," he added.
Montezemolo also heads the Formula One Teams Association (FOTA), who have agreed a package of cost-cutting measures with the governing FIA to stabilise the sport in the face of the credit crunch.
At their last meeting, FOTA and FIA also agreed that they needed to sit down with Ecclestone's Formula One Management "to discuss the earnings of the Formula One teams."
FIA President Max Mosley has suggested that up to 12 teams should get at least $50 million each from the commercial rights holder to ensure full grids and a healthy championship.
 

·
Registered
Joined
·
224 Posts
They always did get more (help,support and money) and always will.....

Well maybe not so much money in the future, now he (LdM) has said this...

Maybe LdM recognised that with all the changes coming up, Ferrari were going to lose that edge (including the $80m), or maybe sales at Ferrari have rocketed and he no longer needs the money.....

Or Maybe!!! this is once again Bernie working his magic as the ringmaster. Many have said nothing happens in F1 without him knowing, and he has requested (instructed may be too strong a word) LdM to say this, knowing it was about to blow up in their faces in the New Year. They have pre-empted this, and have made yet another side deal (for more money or concessions) before agreeing anything with the other teams to ensure that Ferrari do not threaten to leave the sport that is F1 (God Forbid!!), and concentrate on other series - LM, GT and numerous others.

Its taken five years for us to have confirmed what we all thought about Ferrari's break away in 2003, how long before we find out what this deal was really about....

Well spotted, and thanks for keeping us up to date.
 
1 - 2 of 2 Posts
Top