F1 Luca vs Bernie

[Deleted member 25]

A few days ago LDM said many wise words, when i read them i thought i was dreaming, my respect for the RED BOSS reached the sky.

Formula One Teams' Association (FOTA) chairman Luca di Montezemolo is confident that attempts to secure more money from the sport's commercial boss Bernie Ecclestone will be successful. FOTA has already made big progress in working with the FIA to reduce costs in the sport, but its next target is to improve the amount of revenue that is distributed among the teams.
Di Montezemolo is making plans to meet with Ecclestone to discuss the matter and, speaking to selected media including autosport.com over lunch at Maranello, he said he felt upbeat about securing a deal.
"I'm quite optimistic," he said. "If we continue to work like this, we can achieve important results. In every company we have to cut costs. But also to increase the revenue.
"We need to work at that and we seek in the future to work it out with Bernie Ecclestone and (F1 owners CVC's Donald) MacKenzie. We have a contract with them until 2012 and we have to work and talk together. As soon as we have finished our plans with cutting the costs for the next three years, we start another book."
Di Montezemolo said that one of the priorities from the talks with Ecclestone will be in getting more transparency in how the sport's commercial income is distributed.
"In terms of revenue, we want to know more about them," he said. "Theoretically, like in other professional sports, like basketball in the USA, we can have a league made by us and appoint a good league manager to run our own business. Because it is our own business.
"We want to know the revenues better so we can decrease the cost of the tickets. Then we have the matter of traditional tracks rather than exotic tracks just because they have a nice skyline. We have to discuss the show. How to promote. I'm not prepared any more to have all this dictated to us by outside without any control."
He added: "I think in one way or another the players have to be more involved in the sport. Do you think it's normal that we don't have even one race in North America? Do you think it's normal that we find out Canada has been dropped by reading the newspaper?
"Do you think it's normal that we see important sponsors that we pay an unbelievable amount of money for hospitality to promote ourselves. Do you think it's normal we can't discuss when our races are held?
"This is not polemic. It is not a game. F1 is my life. We start from the (current financial) crisis, which if it doesn't last long, thank God for the crisis. Because finally it's made us take a step back. It's the only way to go back, to get our feet back on the ground."
FIA president Max Mosley wrote to teams earlier this year saying the governing body would push for teams to get an equal distribution of more of the revenue from the sport - which could end the long-standing arrangement of Ferrari getting a greater percentage of the income owing to their historical importance.

WHat was more amazing than the fact of someone facing Bernie's FOM and smacking them with the truth is that this someone is FOM & FIA's most Precious friend, Ferrari. Naturally Bernie who is known to speak always very freely reacted quite viloently (maybe also because of his costly divorce ;
)

Formula One supremo Bernie Ecclestone has hit back at Ferrari president Luca di Montezemolo's calls for teams to be given a much bigger share of the sport's revenue and more say in how it is run.
Di Montezemolo, who is also chairman of the Formula One Teams' Association (FOTA), told selected media including autosport.com at Maranello this week that the time was coming for Ecclestone to give up both money and control of F1 to the teams.
"In terms of revenue, we want to know more about them," said di Montezemolo. "Theoretically, like in other professional sports, like basketball in the USA, we can have a league made by us and appoint a good league manager to run our own business. Because it is our own business.
"We want to know the revenues better so we can decrease the cost of the tickets. Then we have the matter of traditional tracks rather than exotic tracks just because they have a nice skyline. We have to discuss the show. How to promote. I'm not prepared any more to have all this dictated to us by outside without any control."
But Ecclestone has been angered by those comments - and thinks it especially wrong for di Montezemolo to criticise him because of the special financial arrangements that Ferrari have enjoyed within F1 due to their historical importance.
"The only thing he has not mentioned is the extra money Ferrari get above all the other teams and all the extra things Ferrari have had for years - the 'general help' they are considered to have had in Formula One," Ecclestone told The Times.
"Ferrari get so much more money than everyone else. They know exactly what they get; they are not that stupid, although they are not that bright, either. They get about $80 million (£54 million) more. When they win the constructors' championship, which they did this year, they got $80 million more than if McLaren had won it."
He added: "What he should do, rather than asking for money, with all the extra money Ferrari gets, he should share all that amongst the teams."
Ecclestone says the terms of the current special Ferrari deal were agreed back in 2003, when some teams were considering a breakaway championship because they were unhappy about the running of the sport.
"They were the only team that broke ranks with the other manufacturers - why did they break ranks?" he said. "That's where the $80 million comes in. We 'bought' Ferrari. We 'bought' Ferrari's loyalty. Our deal with Ferrari was that we 'bought' them so they would not go to the others."
Ecclestone was also left unimpressed by suggestions from di Montezemolo that it was time the teams were given a full breakdown of how money was distributed in the sport.
"They have the right to send people into the company and search for everything," Ecclestone said, referring to a clause in the Concorde Agreement that allows full examination of the sport's books.
"Ferrari in particular, more than anybody, from day one, have had the right and they've never done it. We have bankers here and we've got CVC (CVC Capital Partners, the principal owners of Formula One) checking every single solitary thing. So anybody that starts saying that we've done anything wrong, I'll sue the a*** off them."
And in a final swipe at di Montezemolo, Ecclestone suggested he knew less about Ferrari than many of the people who worked at the Italian car manufacturer.
"It's a shame he's not in touch with people that seem to run the company as opposed to what he does – work as a press officer," said Ecclestone.

And this my friends is pure caviar.

 

[EnI]

"They were the only team that broke ranks with the other manufacturers - why did they break ranks?" he said. "That's where the $80 million comes in. We 'bought' Ferrari. We 'bought' Ferrari's loyalty. Our deal with Ferrari was that we 'bought' them so they would not go to the others."

And this is a true face of F1 ... Dirty gaming.

Aren't Mosley & Ecclestone old enough to finally retire? Some people just don't see the limits. Megalomaniacs.

Btw, OT: is Steve Jobs really terminally ill?

 

[Deleted member 25]

Well actually ENI that's nothing new, we all know that Ferrari & Williams have a bonus money and we it was very obvious that ferrai got promised another extra when they signed the 2003 accords. The intersting part in Bernie's claims is this one:

and all the extra things Ferrari have had for years - the 'general help' they are considered to have had in Formula One

 

[siko]

More bulls#it that bores me.

 

[Sunny]

More I hear this bs, less I want to watch F1. At least I will save $10 on speed channel subscription.