If you follow F1 racing then you know that right now the sport is in serious trouble. With very angry followers pointing the finger straight at Max Rufus Mosley, president of the FIA shown here. At the center of the problem are new rules for next season but most controversial is the implementing of a budget spending cap. This is supposed to level the playing field, allow other teams not currently in Formula 1 to be able to compete without having a $300M budget. As I am writing this story I noticed a new feed from one of my subscribed blogs that headlines "European carmakers ready to pull out F1 teams" - from F1-Live.com. So I was not overstating the seriousness of the potential disastrous outcome of this mess Max has led the FIA into. It was also my understanding that Renault has put their suppliers for their formula one team on notice that they may not be in need of their products for the 2010 season. Formula 1 is an important sport for the development of consumer products. At first we all think of Ferrari who expresses through their marketing of racing developed technologies in their consumer cars. However, I think we tend to forget that Toyota, BMW, Renault (ok, not so much Renault because they don't sell here in the US), Mercedes etc, absolutely have an impact on the products they sell and much of the technology is due to development from their racing efforts. And one last note on this topic as I could go on and on; Many of the teams that could be leaving F1 racing are the teams that built this sport, its famous names, hero's to kids who went on to become professional racers, and the very heritage itself would be destroyed... all by a few guys who keep making new rules year after year and now may have gone too far and are on the very edge of having a somber collapse.
Well make sure you check out the link on the euro car makers statements made today and feel free to post a comment here. Also make yourself heard on the F1-live.com forum.
~zracer
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