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Petty Enterprises to merge with Gillett (CNN)
Honda is looking to cut costs by $216 million. Honda also has eliminated workers and reduced production to cut costs."
Formula One Presence Is Victim of Honda Cost-Cutting
More on the Audi's pullout and its effect on diesel engine development:
Audi To Bow Out Of U.S. Race Series That Helped Develop TDI Diesel Technology
Chevrolet Cruze WTCC (Inside Line)
F1 teams agree on drastic cost cuts (Telegraph)
MotoGP 2009 provisional entry list released
On the other side PSA Group may be entering F1 circus next season.
Regards,
Jose
Details here:
American Honda withdraws from AMA roadracing for '09 (Sport Rider)
Detroit Grand Prix Called Off
The Final Days of Petty Enterprises: Team Set to Merge with Gillett Evernham Motorsports
here's bono driving in honor
http://www.mywrcireland.com/viral/id/57c0531e732
Dakar Rally 1st. Week
Official Site
Regards,
Jose
And it promises to be a fascinating few days as we see which technical departments have responded best to the challenges posed by this season's radical new rule changes - the biggest in the sport for 25 years."
Renault and Williams unveil new cars for Formula One season (Telegraph)
Ferrari F60
(Video recorded from Massa helmet in Mugello early this month. I am sorry the article is written in Spanish. Enjoy the pics!)
Regards,
Jose
Jan. 28, 1938: The Passing of the Silver Comet (Wired)
Feb. 18, 1898: Enzo Ferrari Gets the Green Flag (Wired)
Regards,
Jose
Ross Brawn plus 2.4 litre Mercedes-Benz FO108W
Regards,
Jose
BTW, Race Teams have had some meetings altogether to suggest their own innovations, both about car mechanics and race rules; as always, they consider latest FIA changes to be sort of foolish. Race Teams wish exert more control on the incessant changes FIA (actually Bernie Ecclestone) introduces from season to season to "cut expenses" and "improve the show". Race teams consider the current race rules are not understandable by the public; they consider too so many yearly mechanical changes oblige to spend much more money in research and development before the season than which is intended to be spared during the season.
All in all, Bernie Ecclestone does not want loose control on F1 and constructors want to gain it for themselves.
Regards,
Jose
link title
Good season to the teams and to all of the followers/watchers!
Regards,
Jose
Tokyo: Underground Street Racing Paradise
7 fans injured at Talladega Superspeedway (Yahoo)
video link
"Officers said they have seen a drastic reduction in illegal street racing since Beat the Heat started in 2007.
"We used to have races in the warehouse district almost every Friday, Saturday night. They've completely stopped," Bradley said.
Racers told Local 10 that they actually prefer the track.
"It's better and it's safer," one racer said.
The next Beat the Heat race is May 23 at 7 p.m. at the County Line Drag Way on Okeechobee Road."
Florida Officers Battle Drivers in Legal Street Races (Officer.com)
In particular, FIA announced that each team should reduced its budget down to 45,000,000 Euros for both, next season car development and next season itself. This means less money for materials but also firing many excellently skilled engineers and other team employees.
Ferrari and others argued that this money and much more has been spent this season just to develop FIA fancies, e.g., KERS system (brake kinetic energy stored in a heavy battery) which has eventually revealed to be a nightmare for the teams. Only two teams used it last weekend in Barcelona.
FOTA (F1 association of constructors) is discussing this situation in a meeting scheduled for next May 24, one week before Monaco GP. Deadline to register car/teams for next season is next May 29.
Regards,
Jose
Regards,
Jose
Only one of the four professional sporting leagues in the US does not have a salary cap at all - baseball. There are teams that spend less than $50 million on salaries and other teams that spend over $300 million.
I guess the question is -- do the teams share in the revenue equally? Again, baseball teams have their own local revenue streams (TV rights, mostly) .. the team in New York City can negotiate a much larger contract for TV rights than the team in Minneapolis.
How true is this for F1?
It's only the old fight between FIA and FOCA fight to control F1. In this case I favour FOCA, yet it is true a sort of counterweight is necessary to keep balance for the sake of F1 and the so called "little" teams. If only FIA decisions hadn't consistently got the fidgets :sick:
Regards,
Jose
When I lived up north, the local softball leagues had a huge falling out, complete with lawsuits. This is probably more of the same, just with bigger dollar amounts.
Londontimes
Regards,
Jose
If only, one can tell everyone is speaking about F1 now: bad publicity still is big publicity, or whatever the saying goes. Though FIA and FOCA have managed in the past to stop fights before disaster, may be this time they cannot do it.
Regards,
Jose
PS: Here is the post eventually, where it belongs. (I posted it other thread by mistake!!)
Regards,
Jose
You can even Ask Dub Schwartz!
The internecine war has turned out to be more entertaining than the actual racing. :P
Waiting for Ferrari's decision. Could them make up a solid scape to continue in F1 with honnor? I read something on it last weekend. But, sincerely, I did not pay much attention to it. Looked like smoke made to distract all and everyone.
Regards,
Jose
Culebrón? Can you make mine a double?
Ferrari returns to the fold — as all other teams, FOTA announced today — by signing the agreement to keep racing next year in F1.
Regards,
Jose