If you've ever created a personal budget, you know that cutting costs can be difficult. If your local town, city or state government were to swoop in and create the budget for you and then monitor your spending levels, that would even be more difficult. That is basically what the FIA are suggesting in the latest comments from Jean Todt.
Formula One has a certain amount of specification to it and there is no doubt about that fact but unless it becomes a much more regulated and specified sport, like NASCAR, it will be very difficult to avoid the development war which will escalate costs and separate the herd of have's and have not's.
Whether you are a fan of Ferrari or its boss, Luca di Montezemolo, the Italian head of Fiat is thinking outside of the box and for good reason. I recently commented on a statement McLaren's Martin Whitmarsh made about Formula One just now discovering this new technology called the "interweb" and how it may be used to generate new and exciting ways to connect with fans.
There was a meeting today between FIA president Jean Todt, Formula One Management boss Bernie Ecclestone and Ferrari boss Luca di Montezemolo. Three big players in the current and future evolution of the sport. What kind of discussions could have taken place? Doubtful they were discussing this weekend's Italian Grand Prix.
A few years ago, BMW had a Formula One team and they had made the move from engine partner with Williams F1 to a full-fledged team. Having purchased Peter Sauber's F1 team, BMW set realistic goals and marched forward in their quest with success and methodical achievements under the leadership of Dr. Mario Theissen.
The message board Reddit has released the first draft of a crowd-sourced bill to protect internet freedom. The 'act' is intended as an alternative ...