Scandal in Formula 1 (Indianapolis)

[anthrax]

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.

i hope BMW, Renault, Mercedes-Benz, Toyota and Honda will go with the GWPC

 

[Raptorex]

This event might finally cause the other teams to unite against Bernie, Max Mosley, and Ferrari.

That would be just perfect with me!

IMS not taking part suggests a lawsuit already being drawn up.

 

[gotmilk]

i hope BMW, Renault, Mercedes-Benz, Toyota and Honda will go with the GWPC

GPWC no longer exists..

they closed it when Ferrari hosed them and signed an exclusive deal with Bernie.

They have a new name now..I forgot what it is

 

[anthrax]

GPWC no longer exists..

they closed it when Ferrari hosed them and signed an exclusive deal with Bernie.

They have a new name now..I forgot what it is

They're still to start their own championship in 2008 though?

 

[gotmilk]

They're still to start their own championship in 2008 though?

Yes..and they have an investor who offered $1.75 Billion cash to kickstart it...if they agree to go public as a group.

 

[gotmilk]

New name is Grand Prix Racing...

 

[anthrax]

New name is Grand Prix Racing...

It's time Mosley and Ecclestone are kicked out of F1 management

 

[Mr. dB]

They're still to start their own championship in 2008 though?

Two competing series will kill the sport. See IRL vs. CART.

 

[perkele]

5,000

 

[anthrax]

Two competing series will kill the sport. See IRL vs. CART.

Only Ferrari support the current serie
Hopefully they'll change their mind