Results 1 to 34 of 34

Thread: FIA announces 2010 F1 entries: Ferrari Still on it but says conditions must be meet.

Threaded View

  1. #1
    IA BK OWNER #2 BKgen®'s Avatar
    Join Date
    Aug 2006
    Location
    the land of race car ya-yas.
    Age
    38
    Posts
    21,339
    Rep Power
    57

    Default FIA announces 2010 F1 entries: Ferrari Still on it but says conditions must be meet.

    FIA announces 2010 F1 entry list

    By Jonathan Noble Friday, June 12th 2009, 09:51 GMT

    Formula 1 startWorld championship leaders Brawn, plus former champions McLaren and Renault are among the teams that have been told to lift the conditions on their entry to the 2010 championship by June 19 or risk being left off the grid.

    After days of intense speculation about which teams would comprise the make up for the 2010 championship, the FIA announced that of the current teams only Ferrari, Red Bull Racing, Scuderia Toro Rosso, Williams and Force India have been granted entries.

    It means that Brawn, McLaren, Renault, BMW Sauber and Toyota have all been sidelined for now - pointing towards further frantic efforts to try and find a solution to the row over cost cuts.

    In a statement issued by the FIA, it said: "These five teams have submitted conditional entries.The FIA has invited them to lift those conditions following further discussions to be concluded not later than close of business on Friday 19 June."

    The inclusion of Ferrari and the two Red Bull teams is also a bone of contention, with the outfits likely to claim that they could only be entered if the conditions attached to their applications to race were met.

    The FIA, however, believes the teams committed several years ago when they signed deals with the governing body and Formula One Management tying themselves to the sport.



    The list also confirmed that three new teams had been granted an entry - Campos Grand Prix, Manor Grand Prix and Team US F1.

    Should any of the five current teams not make the cut, then the FIA is evaluating further entries being added.

    AUTOSPORT understands there are three or four other teams who are close to being granted entries, and dialogue is still ongoing.

    Campos Grand Prix is being run by former grand prix driver Adrian Campos, with Team US F1 headed by Ken Anderson and Peter Windsor.

    AUTOSPORT understands the new Manor Grand Prix team is headed by F3 team boss John Booth and former grand prix team owner Nick Wirth.

    Team Constructor
    Scuderia Ferrari Marlboro Ferrari
    Scuderia Toro Rosso STR TBA
    Red Bull Racing Red Bull Racing TTBA
    At&T Williams Williams Toyota
    Force India F1 Team Force India Mercedes
    Campos Grand Prix Campos Cosworth
    Manor Grand Prix Manor Cosworth
    Team US F1 Team US F1 Cosworth
    Vodafone McLaren Mercedes* McLaren Mercedes
    BMW Sauber F1 Team* BMW Sauber
    Renault F1 Team* Renault
    Panasonic Toyota Racing* Toyota
    Brawn GP Formula One Team* Brawn TBA

    * These five teams have submitted conditional entries.The FIA has invited them to lift those conditions following further discussions to be concluded not later than close of business on Friday 19 June.

    The maximum number of cars permitted to enter the 2010 Championship has been increased to 26, two being entered by each competitor. Pending completion of the discussions referred to above, further due diligence is currently taking place on other potential entries.

    ---------------------------------------------------------------------------



    Maranello 12 May 2009 – Ferrari’s Board of Directors, chaired by Luca di Montezemolo, today analysed the first quarter results for 2009. Despite the current international economic climate, which has hit the automotive sector in particular, Ferrari’s figures were in line with the record levels reached in 2008.

    Turnover for the first three months was 441 million euro compared to 455.7 million euro over the same period in 2008. The first quarter closed with a trading profit of 54 million euro compared to last year’s 59 million euro.

    These results reflect the introduction of new models, in particular the success of the Ferrari California and the Scuderia Spider 16M, the constant growth in activities linked to the brand (e-commerce, licensing, merchandising and retail) and the company’s continuing efforts to maximise efficiency.

    The Board of Directors also examined developments related to recent decisions taken by the Federation Internationale de l’Automobile during an extraordinary meeting of the World Motor Sport Council on 29 April 2009. Although this meeting was originally called only to examine a disciplinary matter, the decisions taken mean that, for the first time ever in Formula 1, the 2010 season will see the introduction of two different sets of regulations based on arbitrary technical rules and economic parameters.

    The Board considers that if this is the regulatory framework for Formula 1 in the future, then the reasons underlying Ferrari’s uninterrupted participation in the World Championship over the last 60 years – the only constructor to have taken part ever since its inception in 1950 – would come to a close.

    The Board also expressed its disappointment about the methods adopted by the FIA in taking decisions of such a serious nature and its refusal to effectively reach an understanding with constructors and teams. The rules of governance that have contributed to the development of Formula 1 over the last 25 years have been disregarded, as have the binding contractual obligations between Ferrari and the FIA itself regarding the stability of the regulations. The same rules for all teams, stability of regulations, the continuity of the FOTA’s endeavours to methodically and progressively reduce costs, and governance of Formula 1 are the priorities for the future. If these indispensable principles are not respected and if the regulations adopted for 2010 will not change, then Ferrari does not intend to enter its cars in the next Formula 1 World Championship.

    Ferrari trusts that its many fans worldwide will understand that this difficult decision is coherent with the Scuderia’s approach to motor sport and to Formula 1 in particular, always seeking to promote its sporting and technical values. The Chairman of the Board of Directors was mandated to evaluate the most suitable ways and methods to protect the company’s interests.
    Last edited by BKgen®; 06-12-2009 at 02:20 PM.


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
About us
ImportAtlanta is a community of gearheads and car enthusiasts. It does not matter what kind of car or bike you drive, IA is an open community for any gearhead. Whether you're looking for advice on a performance build or posting your wheels for sale, you're welcome here!
Announcement
Welcome back to ImportAtlanta. We are currently undergoing many changes, so please report any issues you encounter with the site using the 'Contact Us' button below. Thank you!