Bernard Kron Posted June 24, 2009 Posted June 24, 2009 (edited) From Autosport website. "Mosley: Peace agreed in Formula 1 By Steven English Wednesday, June 24th 2009, 11:49 GMT FIA president Max Mosley has said he will not stand for re-election after claiming an agreement has been reached with Formula 1 teams to avoid a breakaway series. According to sources, Mosley, F1 rights holder Bernie Ecclestone and Formula One Teams' Association [FOTA] chairman Luca di Montezemolo held a series of meetings overnight and into this morning, prior to today's World Motor Sport Council meeting in Paris, aimed at resolving the crisis. As part of the deal, Mosley has agreed not to stand again as president of the governing body, despite earlier this week stating that he felt compelled to do so as long as the threat of a breakaway championship remained. AUTOSPORT understands that as part of the agreement the teams must call off the breakaway series and sign up to a new Concorde Agreement until 2012. "There will be no split," said Mosley. "We have agreed to a reduction of costs. There will be one F1 championship but the objective is to get back to the spending levels of the early 1990s within two years." The FIA is expected to announce the official entry list for the 2010 Formula 1 World Championship later this afternoon." Edited June 24, 2009 by gbk1
Zoom Zoom Posted June 24, 2009 Posted June 24, 2009 I'm amazed at how slowly this news is making the rounds this morning. I would rather have seen the full FOTA split.
Bernard Kron Posted June 24, 2009 Author Posted June 24, 2009 MAJOR UPDATE (Autosport): FOTA teams commit to Formula 1 By Jonathan Noble Wednesday, June 24th 2009, 14:03 GMT The FIA has confirmed the 13 teams that will race in Formula 1 next season, after a peace deal was agreed between the governing body and the Formula One Teams' Association (FOTA) on Wednesday. After breakthrough talks prior to the World Motor Sport Council meeting in Paris, the FIA agreed to accept FOTA's demands in a move that ends threats of a breakaway series. The move means that all 10 current teams are now entered for next year's championship as well as Campos Meta, Manor Grand Prix and Team US F1. The full entry list is: TEAM CONSTRUCTOR SCUDERIA FERRARI MARLBORO FERRARI VODAFONE McLAREN MERCEDES McLAREN MERCEDES BMW SAUBER F1 TEAM BMW SAUBER RENAULT F1 TEAM RENAULT PANASONIC TOYOTA RACING TOYOTA SCUDERIA TORO ROSSO STR TBA RED BULL RACING RBR TBA AT&T WILLIAMS WILLIAMS TOYOTA FORCE INDIA F1 TEAM FORCE INDIA MERCEDES BRAWN GP FORMULA ONE TEAM BRAWN TBA CAMPOS META TEAM CAMPOS COSWORTH MANOR GRAND PRIX MANOR COSWORTH TEAM US F1 TEAM US F1 COSWORTH
Bernard Kron Posted June 24, 2009 Author Posted June 24, 2009 FURTHER DETAILS (Autosport) FOTA teams call off breakaway series By Edd Straw and Jonathan Noble Wednesday, June 24th 2009, 14:14 GMT The Formula One Teams' Association (FOTA) will officially call off its plans for a rival championship tomorrow after reaching a breakthrough deal with the FIA. Following last-ditch talks between FIA president Max Mosley, FOTA chairman Luca di Montezemolo and F1 supremo Bernie Ecclestone, an agreement was reached that commits the teams to the sport until 2012. FOTA members had been set to press ahead with breakaway plans in the meeting in Bologna tomorrow, but following its victory in getting the FIA and Ecclestone to agree to terms that keeps its eight members in F1, it will now rubber stamp final cost-cutting regulations for 2010 and call off its breakaway instead. The deal between the FIA and FOTA was confirmed on Wednesday afternoon, when the FIA announced that its planned budget cap for 2010 had been scrapped, and instead FOTA-proposed cost-cutting regulations will be introduced. In a bid to help new teams, technical assistance will be offered to Campos Meta, Manor Grand Prix and Team US F1 by major outfits. The FIA statement said: "As part of this agreement, the teams will, within two years, reduce the costs of competing in the championship to the level of the early 1990s. "The manufacturer teams have agreed to assist the new entries for 2010 by providing technical assistance." As part of the deal with FOTA, the teams' association has agreed to recognise the FIA's position as the sport's governing body, adding that a new Concorde Agreement has been agreed in principle to keep all of the teams in F1 to 2012 and, upon re-negotiation, it is hoped beyond. "The manufacturer teams have further agreed to the permanent and continuing role of the FIA as the sport's governing body," added the statement. "They have also committed to the commercial arrangements for the FIA Formula 1 World Championship until 2012 and have agreed to renegotiate and extend this contract before the end of that period. "All teams will adhere to an upgraded version of the governance provisions of the 1998 Concorde Agreement." Furthermore, with it clear that FOTA is not trying to usurp the FIA's authority, FIA president Max Mosley has agreed to not stand for re-election in October.
CAL Posted June 24, 2009 Posted June 24, 2009 Apperently FOTA hasn't made an offical statement yet so I think some are still holding there breath. Max and FIA has spoken for FOTA only to have FOTA say, "We never said that" before. I am sure they have come to some kind of agreement just interesting to see the final terms.
The Creative Explorer Posted June 24, 2009 Posted June 24, 2009 I'd rather have seen the Fota leave the F1-circus. Mosley and Ecclestone ruined the whole game. I haven't watched a complete F1 race for years now, I think the last was way before the last championship of Schumacher, I only watch the starts now and then.
Nick F40 Posted June 24, 2009 Posted June 24, 2009 "There will be no split," said Mosley. "We have agreed to a reduction of costs. There will be one F1 championship but the objective is to get back to the spending levels of the early 1990s within two years." This is the thing that really excites me other than the fact that Cosworth is back is going to DOMINATE! THANK GOD!I'm glad Max is not running for re-election and that they finally figured this out, although I think FOTA still should have did their own thing, but this works. I'm amazed at how slowly this news is making the rounds this morning. I would rather have seen the full FOTA split. yeah I know...
stevegt738 Posted June 25, 2009 Posted June 25, 2009 Fota have announced the agreement and more details, they basically got what they wanted from the start. A 2 year phase in on cost reductions back to early `90s costs. Transparent governance of the sport by the F1 commission. All changes to be decided by the FIA senate & not by one man. Consultation with teams on direction / changes in F1. Will assist new teams get established. And MAD MAX is gone There will be more details come to light over time, but these are the main points for me.
Rob Hall Posted June 26, 2009 Posted June 26, 2009 This was the best thing I saw today: International Automobile Federation (FIA) president Max Mosley reportedly sent a letter to Ferrari president and Formula One Teams Association chairman Luca Cordero di Montezemolo demanding an apology for remarks that the Englishman had been forced out of office and had behaved like a dictator. From f1total.net www.f1total.net Great drama!
Bernard Kron Posted June 26, 2009 Author Posted June 26, 2009 (edited) Before we all get too excited here's a little more detail on the item Rob Hall just referred to. We should realize that Mad Max may indeed be mad, and not just a little angry at his apparent defeat, but perhaps a little certifiable. The Pitpass website provides excellent, if somewhat opinionated, analysis of the F1 world, Unfortunately they block text copying so I cannot reproduce their analysis here so this is the link to an item entitled "Mosley Ready To Do A U-Turn?": http://www.pitpass.com/fes_php/pitpass_new...es_art_id=38308 . All the F1 sites reproduce their version of press releases and P.R. stuff from the various members of the F1 asylum, so here's Autosport's somewhat more bland take on this item: Mosley rethinks future over FOTA claims By Jonathan Noble and Dieter Rencken Thursday, June 25th 2009, 20:41 GMT Formula 1's future has been thrown into turmoil once again, with FIA president Max Mosley saying he is now keeping his future options open because of what he has called 'deliberate attempts' by teams to mislead the media. Just 24 hours after Mosley reached a deal with FOTA to end the threat of a breakaway series, he has reacted angrily to what he calls 'false claims' made by the Formula One Teams' Association (FOTA) about the nature of their agreement. In a letter that Mosley sent to FOTA chairman Luca di Montezemolo, which first appeared on website www.racefax.com but has now been seen by AUTOSPORT, Mosley makes it clear that he is angry at how FOTA has presented the terms of its deal. And such is his seriousness with which he is treating the matter, that he has told FOTA that his original plan to step down as FIA president in October is no longer definite. "Given your and FOTA's deliberate attempt to mislead the media, I now consider my options open," wrote Mosley in the letter. "At least until October, I am president of the FIA with the full authority of that office. "After that it is the FIA member clubs, not you or FOTA, who will decide on the future leadership of the FIA." Mosley is furious that FOTA representatives have claimed that FIA Senate president Michel Boeri is now in change of F1, that he himself was forced out of office and that he would have no role in the FIA once he steps down in October. "We made a deal yesterday in Paris to end the recent difficulties in Formula 1," explained Mosley. "A fundamental part of this was that we would both present a positive and truthful account to the media. "I was therefore astonished to learn that FOTA has been briefing the press that Mr Boeri has taken charge of Formula 1, something which you know is completely untrue; that I had been forced out of office, also false; and, apparently, that I would have no role in the FIA after October, something which is plain nonsense, if only because of the FIA statutes. "Furthermore, you have suggested to the media that I was a 'dictator', an accusation which is grossly insulting to the 26 members of the World Motor Sport Council who have discussed and voted all the rules and procedures of Formula 1 since the 1980s, not to mention the representatives of the FIA's 122 countries who have democratically endorsed everything I and my World Motor Sport Council colleagues have done during the last 18 years." The letter makes it clear that unless FOTA moves to address his complaints, then the deal that was agreed on Wednesday could collapse. The letter was sent prior to Thursday's FOTA press conference in Bologna, where Mosley had hoped an apology would be made - something which was not forthcoming. Mosley said: "If you wish the agreement we made to have any chance of survival, you and FOTA must immediately rectify your actions. You must correct the false statements which have been made and make no further such statements. "You yourself must issue a suitable correction and apology at your press conference this afternoon. "Formula 1 is run entirely by our 25-strong team without any help from me or any other outsider. There was no need for me to involve myself further in Formula 1 once we had a settlement. Equally, I had a long-standing plan not to seek re-election in October. It was therefore possible for me to confirm both points to you yesterday." So beware, Mad Max isn't quite through gumming up the works. However, the word is that the CVC lawyers were on the prowl in the Silverstone paddock and it was they, more than anyone, who convinced Max to back off. I have a feeling they'll be back soon for an encore... Edited June 26, 2009 by gbk1
Zoom Zoom Posted June 26, 2009 Posted June 26, 2009 Not surprising at all. FOTA needs to tell Max and F1 to FOAD. Immediately. This is utter nonsense. F1 is DEAD. F1/Max are like Iran and Akkmydigitzgone. There will be no peace until the dictators are GONE. F1 is DEAD.
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