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Author: Jon Steege

2010 FIA Rule Changes Have Ferrari Fuming

2010 FIA Rule Changes Have Ferrari Fuming

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.”

Results Of The Stress Test, By The Numbers

Results Of The Stress Test, By The Numbers

Today, the Federal Reserve released the results of their Bank Stress tests. The banks stress tested, as well as their additional capital requirements are listed below. I hope you didn’t eat a heavy lunch…

  • American Express: No additional capital requirement.
  • Bank Of America: $33.9 Billion
  • BB&T Corp: No additional capital requirement.
  • The Bank Of NY Mellon Corp: No additional capital requirement.
  • Capital One : No additional capital requirement.
  • Citigroup: $5.5 Billion
  • Fifth Third Bancorp: $1.1 Billion
  • GMAC: $11.5 Billion
  • Goldman Sachs Group: No additional capital requirement.
  • JP Morgan : No additional capital requirement.
  • KeyCorp: $1.8 Billion
  • MetLife: No additional capital requirement.
  • Morgan Stanley: $1.8 Billion
  • PNC Financial Services: $600 Million
  • Regions Financial Corp: $2.5 Billion
  • State Street Corp: No additional capital requirement.
  • SunTrust Bank: $2.2 Billion
  • US Bancorp: No additional capital requirement.
  • Wells Fargo & Company: $13.7 Billion

Compared with the leaked numbers from Wednesday, it appears most companies actual results have improved. Banks collectively need to come up with an additional $74 billion dollars in order to avert disaster should our economy significantly worsen.

OBD2a to OBD1 Honda Accord Automatic Conversion

OBD2a to OBD1 Honda Accord Automatic Conversion

As many of you may know, I host a mirror of the old PGMFI wiki from PGMFI.org. In a new How-To series on MyComputerNinja, I will be highlighting some of the tutorials that might make for interesting reading for some of you, and for others may end up being a lifesaver. For those of you who have automatic OBD2a Honda Accords, you may find this tutorial interesting. It details the conversion of the Accord from obd2a back to OBD1 in order to use Crome. It includes the wiring conversion involved, as well as what ecu and binary to use to make it all work.

http://mycomputerninja.com/~jon/www.pgmfi.org/twiki/bin/view/Library/AccordAutoOBD2-OBD1.html

People interested in performing this conversion, or needing further reference should check out http://honda-tech.com for help in the forums.