http://www.fia.com/en-GB/mediacentre/pr ... ov1808.pdf
THE TARGET
As mentioned above, reductions of €20-€48 million per year are inadequate. In present
circumstances we need to introduce radical change before it is forced upon us. Fortunately,
Formula One is currently a business from which more than 80% of the costs can be removed
without affecting the “product” in a way which the customers (ie the public world-wide) would
notice.
In order to ensure the survival of the Formula One World Championship with confidence, we
believe that costs must come down to the point where the income from FOM, split among 12
teams, will cover all a team’s costs except for the power train, the drivers and marketing. If
expenditure exceeds this level by anything other than a marginal amount, we cannot be
confident that enough of the current teams will survive to ensure a viable championship.
When we enter the era of a new, low-cost, high-tech engine (2013 or later, depending on the
state of the motor industry), we would expect the manufacturers to help us frame regulations to
ensure that the research and development associated with the new engine is useful for their
core business. The regulations should also ensure that the cost per kilometre of operating the
new engine is far lower than today’s cost.
