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Bernie tells FI, Lotus and Sauber: "No more money for you"


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#101 superden

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Posted 10 November 2014 - 20:07

It's the nature of modern top level sport. It merely exists now to make money, money, money. This will not change, and those making the money will seek to maximise profit, in the knowledge that fans are suckers. If that sport does fail, they will simply move their money elsewhere.

They don't give a sh*t about the teams, the sport, it's heritage and most of all, they don't give a sh*t about you, the fans.

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#102 Petroltorque

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Posted 10 November 2014 - 20:47

Ecclestone's solution always involves a bribe. Be it to Gibrowsky, the teams, you name it. He now realises that that type of approach has caused this shambles. But you have to expect this ; for a man with a hammer every problem will look like a nail......

#103 pRy

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Posted 22 November 2014 - 20:15

This article:

 

http://www.sportingl...nny-has-dropped

 

Appears to suggest that a threat has been made during a recent meeting that F1 & CVC will be reported to the EU regarding it's financial dealings. In particular the way the sport revenue is being spent and distributed. The smaller teams appear to be fighting back.



#104 D.M.N.

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Posted 22 November 2014 - 20:20

When I seen this thread bumped, I thought I'd see these three tweets: https://twitter.com/TheVijayMallya

 

Vijay Mallya @TheVijayMallya  ·  18m 18 minutes ago
Have holders of purse strings and decision makers in F1 become slaves to the whims of the big boys and the contracts ? What about F1 sport ?
 
 Vijay Mallya @TheVijayMallya  ·  22m 22 minutes ago
Arrogance and a superiority complex on the part of those who are paid to be in F1 should not dilute or colour those who pay to be in F1
 
 Vijay Mallya @TheVijayMallya  ·  26m 26 minutes ago
A big F1 team that says we small outfits should not come with bananas to a gun fight, grabs maximum money and cheats on the regulations


#105 noikeee

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Posted 25 November 2014 - 12:55

Not sure if this is the thread for this, but it's the most recent one I could find related to costs/the crisis:

 

 
FIA president Jean Todt mounts new bid for Formula 1 budget cap

http://www.autosport...t.php/id/116932

 

(...) "On the agenda I will again put reducing the costs," said Todt, speaking publicly for the first time since Marussia and Caterham hit trouble.

 

(...) "I am happy saying that everybody in life must accept not being too rigid, so we are going to present the different stakeholders, and the Strategy Group, with the same proposals that were refused before.

 

(...) "The average price of the engines is $30 million, which is too high," Todt said.

"They went roughly from about $18 million to $30 million, which is too much - as it is a 70 per cent increase on top of everything.

"I am going to fight about the price of the engines for the small teams in order for them to have a more affordable situation.

"I will do the best I can. I cannot guarantee the results but I will get into that."

 

 

 

That doesn't sound very assertive or confident from Todt, but at least he's trying something. I bet an overall budget cap won't happen, but he'll get the teams to agree on a cap for the engine price only, as a compromise. And that would be a start.



#106 Reinmuster

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Posted 25 November 2014 - 13:27

how about cheaper engines by Cosworth, sponsored by Bernie?  :p


Edited by Reinmuster, 25 November 2014 - 13:28.


#107 PassWind

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Posted 25 November 2014 - 13:37

Well Bernie is doing a much better job than Kim Kardashian at breaking the internet and minus a huge ass!

 

Meanwhile in other news we landed a space vehicle on a Comet!



#108 Mohican

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Posted 26 November 2014 - 22:14

Why is Bernie still around ? Why has he not been removed ? Maybe he has a job for life with CVC ?

He is 84. He has not said a single helpful thing over the cost crisis, has just kicked people in the teeth when they are down. He has, however, been indicted for bribery and paid a fortune to get out of that. He gives every sign of only ever being interested in money.

Why has he not been removed ? CVC obviously have neither sense nor balls.

All very sad.

#109 pdac

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Posted 27 November 2014 - 00:04

Why is Bernie still around ? Why has he not been removed ? Maybe he has a job for life with CVC ?

He is 84. He has not said a single helpful thing over the cost crisis, has just kicked people in the teeth when they are down. He has, however, been indicted for bribery and paid a fortune to get out of that. He gives every sign of only ever being interested in money.

Why has he not been removed ? CVC obviously have neither sense nor balls.

All very sad.

 

Why would they get rid of him? He's delivered for them and there's no indication that he will not continue to deliver for them in the future. Whilst Bernie might be (certainly in my view) ruining F1 from a sporting point of view, it's still (at the moment) working from a business point of view.



#110 ATM

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Posted 27 November 2014 - 00:17

Maybe not get rid of him, but at least control and limit him more. Nobody lives forever, so it might be a very good idea starting to groom a replacement under his wing. Otherwise, when the old boy finally decides to leave for greener pastures, everybody will scratch their heads.

 

Regarding the business point of view...well, yes, CVC got their money this year too. Good business on a short time level. But the business model is not looking particularly healthy now. Sure, they can continue just the way it is now, and kill their golden goose with rapid profits, or they could bend their financial expectations a little bit (before s**t hits the fan) and make sure they still have a decent grid to carry on with.  


Edited by ATM, 27 November 2014 - 00:21.


#111 surbjits

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Posted 27 November 2014 - 00:22

Why is Bernie still around ? Why has he not been removed ? Maybe he has a job for life with CVC ?

He is 84. He has not said a single helpful thing over the cost crisis, has just kicked people in the teeth when they are down. He has, however, been indicted for bribery and paid a fortune to get out of that. He gives every sign of only ever being interested in money.

Why has he not been removed ? CVC obviously have neither sense nor balls.

All very sad.

 

You answered your own question :yawnface:
 


Edited by surbjits, 27 November 2014 - 00:22.