F1's unending financial woes; or "It's the income, stupid."

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DiogoBrand
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Re: F1's unending financial woes; or "It's the income, stupid."

Post by DiogoBrand » Thu Apr 05, 2018 5:02 pm

johnny vee wrote:
Thu Apr 05, 2018 3:03 pm
I never liked Max Mosley but he was on to something, I think it was in 2011 - 2012
I cant remember the exact figures but it comes down to rewarding teams that could manage the budget cap.
Rewarding the team technically, example being able to run under the minimum weight
So its like a boost in performance. If you can run a team @ 150 million a year your minimum weight can be 40 - 50kg lighter than top team.
Except that if you run on a low budged you won't be able to reach that weight.

johnny comelately
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Re: F1's unending financial woes; or "It's the income, stupid."

Post by johnny comelately » Thu Apr 05, 2018 8:37 pm

F1 and Liberty braced for Bloody Friday presentation.

The Formula 1 paddock in Bahrain is shaping up for what is already being called “Bloody Friday” as Liberty Media have set 10:00 am local time tomorrow to make a presentation outlining their vision for the sport to team bosses.

from - https://www.grandprix247.com/2018/04/05 ... sentation/

johnny vee
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Re: F1's unending financial woes; or "It's the income, stupid."

Post by johnny vee » Fri Apr 06, 2018 6:34 am

DiogoBrand wrote:
Thu Apr 05, 2018 5:02 pm
johnny vee wrote:
Thu Apr 05, 2018 3:03 pm
I never liked Max Mosley but he was on to something, I think it was in 2011 - 2012
I cant remember the exact figures but it comes down to rewarding teams that could manage the budget cap.
Rewarding the team technically, example being able to run under the minimum weight
So its like a boost in performance. If you can run a team @ 150 million a year your minimum weight can be 40 - 50kg lighter than top team.
Except that if you run on a low budged you won't be able to reach that weight.
Thank you for the response Diogo
I think you are right, it's something Mr. Brawn must look at for the new rules. What else do you think the FIA can use to boost a team? Weight is just one point of many whereby FIA can open up the rules a bit for a team that operates inside budget cap.

Maybe fuel flow?
"Because you didn't come here to make the choice, you've already made it. You're here to try to understand why you made it. I thought you'd have figured that out by now." The Oracle, Matrix Reloaded

RedNEO
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Re: F1's unending financial woes; or "It's the income, stupid."

Post by RedNEO » Fri Apr 06, 2018 6:48 am

johnny comelately wrote:
Thu Apr 05, 2018 8:37 pm
F1 and Liberty braced for Bloody Friday presentation.

The Formula 1 paddock in Bahrain is shaping up for what is already being called “Bloody Friday” as Liberty Media have set 10:00 am local time tomorrow to make a presentation outlining their vision for the sport to team bosses.

from - https://www.grandprix247.com/2018/04/05 ... sentation/
I hope Brawn is ruthless. Time to shake the apple cart!

Glyn
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Re: F1's unending financial woes; or "It's the income, stupid."

Post by Glyn » Fri Apr 06, 2018 2:02 pm

DiogoBrand wrote:
Thu Apr 05, 2018 5:02 pm
johnny vee wrote:
Thu Apr 05, 2018 3:03 pm
I never liked Max Mosley but he was on to something, I think it was in 2011 - 2012
I cant remember the exact figures but it comes down to rewarding teams that could manage the budget cap.
Rewarding the team technically, example being able to run under the minimum weight
So its like a boost in performance. If you can run a team @ 150 million a year your minimum weight can be 40 - 50kg lighter than top team.
Except that if you run on a low budged you won't be able to reach that weight.

You are missing the point.

If everyone is operating at the budget. It's the same for everyone....

johnny vee
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Re: F1's unending financial woes; or "It's the income, stupid."

Post by johnny vee » Fri Apr 06, 2018 2:10 pm

That is true Glyn
"Because you didn't come here to make the choice, you've already made it. You're here to try to understand why you made it. I thought you'd have figured that out by now." The Oracle, Matrix Reloaded

DiogoBrand
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Location: Brazil

Re: F1's unending financial woes; or "It's the income, stupid."

Post by DiogoBrand » Fri Apr 06, 2018 4:19 pm

Glyn wrote:
Fri Apr 06, 2018 2:02 pm
DiogoBrand wrote:
Thu Apr 05, 2018 5:02 pm
johnny vee wrote:
Thu Apr 05, 2018 3:03 pm
I never liked Max Mosley but he was on to something, I think it was in 2011 - 2012
I cant remember the exact figures but it comes down to rewarding teams that could manage the budget cap.
Rewarding the team technically, example being able to run under the minimum weight
So its like a boost in performance. If you can run a team @ 150 million a year your minimum weight can be 40 - 50kg lighter than top team.
Except that if you run on a low budged you won't be able to reach that weight.

You are missing the point.

If everyone is operating at the budget. It's the same for everyone....
Even top teams with high budgets have problems reaching the minimum weight sometimes. Reducing the minimum weight as a reward for lower budgets would probably not work because the lower budged would make it even more difficult to reach the current minimum weight, let alone 40Kg below that.

zac510
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Re: F1's unending financial woes; or "It's the income, stupid."

Post by zac510 » Sat Apr 07, 2018 10:04 am

It's simply not the same for everyone. There are a multitude of ways the teams can spend and save money efficiently or poorly.

turbof1
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Re: F1's unending financial woes; or "It's the income, stupid."

Post by turbof1 » Thu Apr 12, 2018 11:39 am

So guys,

I'd like to refer to Racefans' article about the new prize money distribution:
https://www.racefans.net/2018/04/11/rev ... oney-plan/

Important to note is what the 40 million bonus for Ferrari actually entitles to. Keith clarified this to that Ferrari has to book it as profit, meaning it can't be used for the team's budget.

If the planned changes go through, the money will be much equally distributed.
#AeroFrodo

johnny vee
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Re: F1's unending financial woes; or "It's the income, stupid."

Post by johnny vee » Thu Apr 12, 2018 12:25 pm

turbof1 wrote:
Thu Apr 12, 2018 11:39 am
So guys,

I'd like to refer to Racefans' article about the new prize money distribution:
https://www.racefans.net/2018/04/11/rev ... oney-plan/

Important to note is what the 40 million bonus for Ferrari actually entitles to. Keith clarified this to that Ferrari has to book it as profit, meaning it can't be used for the team's budget.

If the planned changes go through, the money will be much equally distributed.
a very good read, thank you Turbo!
"Because you didn't come here to make the choice, you've already made it. You're here to try to understand why you made it. I thought you'd have figured that out by now." The Oracle, Matrix Reloaded

zac510
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Re: F1's unending financial woes; or "It's the income, stupid."

Post by zac510 » Thu Apr 12, 2018 12:43 pm

Wow, some toys are going to depart their pram this weekend.

Sevach
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Re: F1's unending financial woes; or "It's the income, stupid."

Post by Sevach » Wed Apr 18, 2018 10:40 am

https://www.formula1.com/en/latest/feat ... -2021.html

The new proposal gives some extra pay to engine suppliers, suppousedly to help attract more.

Tommy Cookers
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Re: F1's unending financial woes; or "It's the income, stupid."

Post by Tommy Cookers » Wed Apr 18, 2018 11:00 am

these days the UK free-to-air TV coverage of F1 is from Channel 4

in their incessant verbiage, every 10 seconds or so they use the term 'Grand Prix' where the term 'race' would be appropriate
yes it sounds strange and stupid

is this subliminal campaigning ........

for some commercial entity breaking away from the Formula 1 commercial entity ?
or .....
against the term 'race' as its stance is somehow seen as parallel to the stance we see as 'racism' ?
or .....
against racing because competition is bad because we're all winners really ?

AJI
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Re: F1's unending financial woes; or "It's the income, stupid."

Post by AJI » Wed Apr 18, 2018 12:29 pm

Tommy Cookers wrote:
Wed Apr 18, 2018 11:00 am

...is this subliminal campaigning ........

for some commercial entity breaking away from the Formula 1 commercial entity ?
or .....
against the term 'race' as its stance is somehow seen as parallel to the stance we see as 'racism' ?
or .....
against racing because competition is bad because we're all winners really ?
Where's the
'or ..... all of the above', option?