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Scandal in Formula 1 (Indianapolis)
- Thread starter perkele
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hamstershaver
New member
scandalous
hamstershaver
New member
whats the most watched sport in finland perk?
G
Gambino
Guest
hamstershaver said:
curling
gotmilk
New member
mightymouse69 said:
Won't happen. Don't forget, 75% of the company is still controlled by the three banks. They cannot afford to...nor allow...races to be missed.
Bernie's deals for television rights are pre-paid. Bernie will never refund money so he will force the show to continue.
Also, many tracks pay in advance to hold races...money that goes into Bernie's accounts first...so another issue where Bernie will not refund money.
The tire issue will be solved by Wednesday even if it means a meeting in London immediately.
gotmilk
New member
mightymouse69 said:
Teams aren't paid expenses to begin with. Hence, why ten teams refuse to sign the new accord and why they want a bigger piece of the Bernie pie.
Liability does not change because teams refuse to start. This is factored into their policy per event. Each event has coverage in case an event is cancelled causing a refund to occur. Cancelled....team strike...locust swarming...it;s all the same to Lloyd's of London...
Indianapolis Speedway will demand a refund from Bernie for the $29 Million they posted to host the event.
Bernie will write a check from his $3.7 Billion he has stashed in the Isle of Jersey...
Raptorex
New member
good scenerio but sounds too simple, too many emotions involved, all other teams are already pissed at some of the others for starting when they said they wouldn't. This is a very big mess.
Their expenses are paid from winnings, they won't get any this week. Liability comes from breach of contract which will be triple damages.
Their expenses are paid from winnings, they won't get any this week. Liability comes from breach of contract which will be triple damages.
gotmilk said:
gotmilk
New member
mightymouse69 said:
Each team invests nearly $250 Million a year. Purses come nowhere near covering their expenses.
A good friend of mine has known Bernie for 30 years. I met him last year when we tried to convince him to go public and cut the banks off. The teams come nowhere close to making their money back..which is why they are trying to start their own circuit.
This event might finally cause the other teams to unite against Bernie, Max Mosley, and Ferrari.
M
musclemuscle
Guest
thats a lot of angry people
dont forget bridgestone have the benefit of track data from previous races thy cater for here, plus the new track had these diamond cut ridges in it
I hate theidea of one or two people controlling the finances of this event
I also fucking hate the shit te FIA has been pulling....They interefere too much with rules and stuff
With any luck the fallout from this will force heads to roll, and if the teams do all decide to go to their own championship and leave ferrari behind then it will be cool as well....I think there should be a cap on money being spent on cars and I dont think they should be limited to one tyre per race
and there should only be one tyre manufacturer per race, bridgestone always make their tyres less competetive but more reliable
I hate theidea of one or two people controlling the finances of this event
I also fucking hate the shit te FIA has been pulling....They interefere too much with rules and stuff
With any luck the fallout from this will force heads to roll, and if the teams do all decide to go to their own championship and leave ferrari behind then it will be cool as well....I think there should be a cap on money being spent on cars and I dont think they should be limited to one tyre per race
and there should only be one tyre manufacturer per race, bridgestone always make their tyres less competetive but more reliable
Raptorex
New member
Indianapolis (AP)
The bewildered crowd at Indianapolis Motor Speedway was left pointing and gawking as they tried to figure out why the majority of the field was climbing out of their cars.
Fans were booing and some threw water bottles on the track in disgust. After just 10 laps, many spectators began heading for the exit gates. There were reports of thousands of fans showing up at the ticket office demanding refunds, and that police had been called to keep the peace.
Indianapolis Motor Speedway boss Tony George didn't immediately respond to an interview request by The Associated Press.
This event already draws just a fraction of what other races here do. Less than 100,000 come to this race, compared to a crowd in excess of 300,000 for the Indianapolis 500.
Sunday's debacle will do nothing to improve that.
"Quite frankly, the fans got cheated," Formula One boss Bernie Ecclestone said.
Scott Brombacher, a fan from California, said he was disgusted as he left the race.
"I love Formula One ... it just aggravates me," Brombacher said. "I spent a lot of money and took a week off from work to come out here. To have all this happen at the last minute is just disgusting."
The bewildered crowd at Indianapolis Motor Speedway was left pointing and gawking as they tried to figure out why the majority of the field was climbing out of their cars.
Fans were booing and some threw water bottles on the track in disgust. After just 10 laps, many spectators began heading for the exit gates. There were reports of thousands of fans showing up at the ticket office demanding refunds, and that police had been called to keep the peace.
Indianapolis Motor Speedway boss Tony George didn't immediately respond to an interview request by The Associated Press.
This event already draws just a fraction of what other races here do. Less than 100,000 come to this race, compared to a crowd in excess of 300,000 for the Indianapolis 500.
Sunday's debacle will do nothing to improve that.
"Quite frankly, the fans got cheated," Formula One boss Bernie Ecclestone said.
Scott Brombacher, a fan from California, said he was disgusted as he left the race.
"I love Formula One ... it just aggravates me," Brombacher said. "I spent a lot of money and took a week off from work to come out here. To have all this happen at the last minute is just disgusting."
S
Spartacus
Guest
hmmmmightymouse69 said:
men
csilke
New member
The minardi team boss said on TV that 9 of the teams (that's everyone except Ferrari) were backing the idea of adding a chicane but that Jordan broke ranks so Minardi felt they had to 'race' to preserve their position against Jordan.Anthrax said:
Surely if only Ferrari had lined up to start even the FIA would have had to do something
- I haven't seen anything from Jordan about why they decided to race.
Raptorex
New member
Shit throwing continues:
The following is a statement attributed to Indianapolis Motor Speedway CEO Tony George.
"The Indianapolis Motor Speedway shares in the disappointment with the loyal fans of IMS and Formula One that we did not see the exciting race we all anticipated due to circumstances beyond our control."
"The FIA, Formula One, the constructors and manufacturers that represent the cars on the starting grid made decisions on an individual basis to limit participation in today’s USGP. We suggest the fans who wish to make their feelings known, contact the following."
Michelin
46, rue du Ressort
63100 Clermont-Ferrand
France
www.michelinsport.com
FIA
8 Place de la Concorde
F-75008 Paris
www.fia.com
Formula One Management
6 Princes Gate
Knightsbridge
London SW7 1QJ
United Kingdom
Press Release
IMS
The following is a statement attributed to Indianapolis Motor Speedway CEO Tony George.
"The Indianapolis Motor Speedway shares in the disappointment with the loyal fans of IMS and Formula One that we did not see the exciting race we all anticipated due to circumstances beyond our control."
"The FIA, Formula One, the constructors and manufacturers that represent the cars on the starting grid made decisions on an individual basis to limit participation in today’s USGP. We suggest the fans who wish to make their feelings known, contact the following."
Michelin
46, rue du Ressort
63100 Clermont-Ferrand
France
www.michelinsport.com
FIA
8 Place de la Concorde
F-75008 Paris
www.fia.com
Formula One Management
6 Princes Gate
Knightsbridge
London SW7 1QJ
United Kingdom
Press Release
IMS
Raptorex
New member
the letters, good read here, lots of CYA.
http://www.fia.com/mediacentre/Press_Releases/FIA_Sport/2005/June/190605-03.html
http://www.fia.com/mediacentre/Press_Releases/FIA_Sport/2005/June/190605-03.html
csilke said:The minardi team boss said on TV that 9 of the teams (that's everyone except Ferrari) were backing the idea of adding a chicane but that Jordan broke ranks so Minardi felt they had to 'race' to preserve their position against Jordan.
Surely if only Ferrari had lined up to start even the FIA would have had to do something
If Michelin had showed up with only rain tires, I suppose they would have insisted on watering down the track...
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