Spending caps and sports do not make good bedfellows, despite cries form underfunded teams to the contrary. No where is this more evident than in F1 racing. Historically, the F1 team that spends the most enjoys the most success.
Max Mosley wants to change all that.
Mosley has proposed spending caps for teams, but the rules are not so cut and dried. Instead of enforcing a level playing field in all regulations, poorer teams will be allowed more freedom to interprete the rules as they see fit. Teams spending more than $60 million dollars (not including engines, drivers, and marketing expenses??)will be governed strictly by the rule book, while teams with pocket lint for funding will get to make it up as they go, but not if Ferrari has anything to say about it.
In a press release today, Ferrari publically denounced the rule changes, and threatened to end their 60 year streak of continuous involvement in F1 if the rules were not amended.
Ferrari is to F1 what the New York Yankees are to Baseball, so lets hope this statement does not go unnoticed by the FIA. It makes no sense to alienate the best teams or most well funded teams or the most ingenious, when the name of the game is being at the pinnacle of motor sports. Ferrari is routinely all three, and has only recently fallen off the podium as a result of not being able to do anything in their power to go faster.
I say “Let them go faster, Mr Mosley, at any cost.”