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Posts with tag FIA

Harmony restored in Formula One

The cloud that had been hanging over the future of Formula One has now lifted. At a meeting of the World Motor Sport Council in Paris on Wednesday, FIA and FOTA came to a mutually satisfactory agreement. In a press release, the FIA announced that there would be no rival race series and that the rules for the 2010 season would be based on those applying in 2009, together with the changes that had been decided on prior to 29th April 2009. After reaching accord on cost cutting measures in the sport and the announcement that Max Mosley would not be seeking re-election as FIA President in October, the governing body confirmed the 13-strong line-up for the 2010 season. Stepping up to join the current ten contenders in the top echelon of motor racing are newcomers Campos Meta, Manor Grand Prix and Team US F1.

Absurd idea: Ferrari threaten to pull out



Auto manufacturers are proud of their technological advances, their spectacular cars and of course their engines. For Ferrari, it's always been the engines that mattered. They say that Commendatore Enzo Ferrari wasn't particularly interested in how good the car was. The main thing was that it had the best engine.

So the man with the dark sunglasses would probably be turning in his grave if FIA President Max Mosley were ever to get his way and impose a homologated engine on the F1 fraternity. Regardless of whether you were driving a red Ferrari, blue-and-white BMW or silver McLaren Mercedes, you would have the same engine under the bonnet!

Inconceivable for most F1 fans and certainly for Ferrari. "A change of this nature would detract from the actual point and purpose of a race series that Ferrari have given their uninterrupted support to since 1950, namely competition and technical progress," was the statement to emerge from the historic marque on Monday. "If this key element were to be abandoned, it would be necessary to consult with our partners to see whether our continued involvement in this sport made any sense at all."

Gallery: F1 - Chinese GP



Former Ferrari driver Jean Alesi sees exactly where his ex-employer is coming from: "Homologated engines are an absolutely absurd idea," he says in the column of an Italian newspaper. "If the day ever comes when we have to use identical engines, it would be wholly understandable if Ferrari were to pull out altogether."

Sales figures from the third quarter of 2008 show that Ferrari are on the right track: the company increased its turnover to €450 million, i.e. up by 22.3% compared with the third quarter of 2007. Profits amounted to €79 million, a 41.1% increase on the third quarter of 2007.

Gallery: Ferrari California



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