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Thread: A NEW F1: Broadcasts, Teams, Tech, Mngmt changes, Venues, FIA/FOM etc.

  1. #31
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    Shame to see Sepang leaving F1.
    Sepang was one of Tilke's better track
    At the least there's still Singapore GP for those of us living here I guess

    I get a scary feeling each time I see the words "parity and cost" when talking about F1 engine.

    We've seen what happened when development for the V6 was restricted. You cannot introduce a new engine formula and expect parity by magically freeze development.
    If they wish to introduce an updated engine design in 2021, they should learn from this/

  2. #32
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    Quote Originally Posted by jgonzalesm6 View Post
    when it first opened, the government paid for most of the venue to be there, as years went by ticket prices have risen by alot to where people in that area cannot afford it. This was one of Bernie's ideas....he would charge alot for the venue...."if you can't afford it, don't even bother me." Plus there is alot of corruption going on with the Malaysian govt. and people there are really getting fed-up with everything there....including F1.

    I can understand that the poor tax payers should not suffer because of it, but still so sad to see the track leave. Hopefully a suitable arrangement can be found for it's return... soon.

  3. #33
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    Quote Originally Posted by ManFromMilan View Post
    I can understand that the poor tax payers should not suffer because of it, but still so sad to see the track leave. Hopefully a suitable arrangement can be found for it's return... soon.
    To be honest, in place of Malaysia, two new venues to open.....Germany and France as the article says.....not a bad deal for F1's future.

  4. #34
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    Vijay Mallya arrested in London - TV channels


    Businessman Vijay Mallya was arrested in London, news channels CNN NEWS18 and Times Now reported on Tuesday afternoon.

    India had applied to Britain to extradite Vijay Mallya to face trial after the liquor and aviation tycoon was charged with conspiracy and fraud over a loan to his defunct Kingfisher Airlines.

    No further details were immediately available and Reuters was not able to independently verify the reports.

    An India-based spokesman for Mallya's UB Group did not offer an immediate comment


    source:http://in.reuters.com/article/india-...-idINKBN17K103

  5. #35
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    Indian businessman Mallya granted bail in London extradition hearing


    http://www.nasdaq.com/article/indian...20170418-00955

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    Post-2020 engine rules key to keeping Red Bull in F1


    Red Bull motorsport consultant Helmut Marko says the team could walk away from Formula One after 2020 if Formula One does not secure an independent engine supplier by the end of this year.

    F1 recently agreed on cheaper and louder engines for 2021 onwards to replace the unpopular 1.6-litre V6 turbo hybrids introduced in 2014. The finer points will be discussed in the coming years but one of the points of agreement was to deliver more powerful engines while also making them simpler and less costly to develop and produce.

    The agreement did not specifically mention an independent engine supply -- something which would give teams the chance to pick up an engine off the shelf if it could not reach without having to turn to one of F1's existing manufacturers. Marko has hinted that finding one by the end of 2017 could determine F1's future beyond 2020.

    "The latest must be 2021 that an independent engine supplier comes into F1," Marko told F1's official website. "This is more than necessary, and the engine has to be simple, noisy and on the cost side below 10 million.

    "We are talking about a much less sophisticated engine than what we have now, a simple racing engine. There are enough companies around that could supply. So we expect from the new owners together with the FIA to find a solution at the latest by the end of this season. If that doesn't happen our stay in F1 is not secured."

    In 2015 Ferrari vetoed a planned €12 million cost cap on F1 customer engines, prompting the FIA to pursue a cheaper alternative "budget engine" in an attempt to control the spirrlling costs of engines for smaller teams. Despite "four credible Expressions of Interest" from viable manufacturers, the F1 Commission rejected the FIA's plan.

    Those discussions came during Red Bull's acrimonious fall-out with engine supplier Renault, with the Austrian team threatening to quit on that occasion if it could not find a competitive power unit for the following season. However, discussions with Mercedes, Ferrari and Honda led to nothing, meaning Red Bull briefly voiced their support for an independent engine it could use for the 2016 season. Eventually, Red Bull signed a new deal with Renault for 2016 which agreed its engines would be rebranded TAG Heuer.


    source: http://www.espn.com/f1/story/_/id/19...ng-red-bull-f1

  7. #37
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    Brabham supercar and F1 team mooted

    Following Force India owners Vijay Mallya and Subrata Roy's troubles, the Formula 1 team may be sold to Brabham

    There are plans for a Brabham-branded supercar, which would be promoted by a new Brabham Formula 1 team, following the McLaren business model.

    The project would involve the purchase of the Force India F1 team, which is doing well at the moment, but will soon be sold because the two owners both have serious legal troubles in India. The main protagonist, Vijay Mallya, was recently placed under arrest in England on an extradition warrant.

    Mallya was released on bail but now faces an extradition hearing on May 18. His partner in Force India, Subrata Roy, has similar (but larger) troubles in India and has spent much of the last two years in jail. Neither of them can realistically continue with Formula 1, but they want between £200 million and £270m for the team, and so selling it has not been easy. Reports suggest that they may have to accept as little as £150m, although one of the bidders may be willing to pay over the odds to secure the sale.

    The price of the F1 teams will only rise if the new owners Liberty Media is able to convince all the teams to reduce costs and to move towards a franchise model. If that happens, the value of the teams will skyrocket. As Formula 1 is now listed on the NASDAQ stock exchange, interest in the sport is growing, particularly in the US investment market, where sports franchises are deemed to be very valuable.

    The Brabham revival is believed to be backed by money from US investors and the plan is for the Silverstone-based team to be rebranded and used to promote a supercar company. This would be similar in concept to McLaren's business plan, which has proved to be very successful in the course of the last 25 years.

    David Brabham, the son of three-time World Champion Sir Jack Brabham, is a former Formula 1 driver and Le Mans winner, and also won the Bathurst 1000 in Australia and was twice American Le Mans Series champion. In recent years he has been quietly working on securing all the necessary Brabham trademarks, with what he calls Project Brabham. He is not denying that there is a project.

    "Brabham is a brand with more than 69 years of racing heritage and it is our intention to see the name back on track," he said. "Since Project Brabham was launched, we have received a lot of enquiries from different parties who have expressed an interest in licensing the name and we are evaluating a number of options. We have no further comment."

    Sir Jack Brabham was the only man ever to win the Formula 1 World Championship in a car of his own construction (in 1966). The Brabham team was started in 1962 and took part in nearly 400 Grands Prix, winning 35 of them and four World Championships with Brabham himself, Denny Hulme (1967) and Nelson Piquet (1981 and 1983). In 1972, the team was acquired by Bernie Ecclestone, who ran it until the late 1980s when he moved on to take over the commercial rights for Formula 1.

    Force India finished fourth in the World Championship last year on a budget of only around £105m. More than half of its income derives from prize money, with an additional 40% from sponsorship deals, leaving the owners to top up the funding if it's required. If F1 team budgets are reduced, the money will become profit.

    source: https://www.autocar.co.uk/car-news/m...f1-team-mooted

  8. #38
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    Here’s how much each F1 team will be paid in 2017

    http://www.foxsports.com/motor/galle...in-2017-050817

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    Are F1 racers about to lose out to driverless cars?

    With a contract paying £30m a year, Lewis Hamilton is one of the world’s best paid sporting stars. But, in the future, will drivers even be needed?


    Earlier this year, Formula E and Kinetik announced the first ever driverless electric car competition, Roborace.

    Electric race cars compete without drivers – leaving it to the power of machine learning technology, directed by engineers and their real-time algorithms, to push the cars to the limits of racing perfection.

    Building driverless cars is certainly no easy feat, but controlling one racing at 200 mph truly tests the skills of all involved.

    Will technology one day replace names like Hamilton, Senna and Schumacher? Roborace's chief technology officer, Bryn Balcombe, reveals the engineering (and people) behind the car.

    source: http://www.bbc.co.uk/guides/z3jnw6f

    The inside scoop on Roborace | CNBC International (video 6min 39sec)

    https://www.youtube.com/watch?v=IXWtufc9OLE

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    Jordan: 'Mercedes will pull the plug after 2018!' . . . June 7, 2017

    Ireland's famous oracle, the colorful Eddie Jordan, has delivered his latest prediction: Mercedes will quit F1 at the end of the 2018 season!

    The former team owner and TV pundit actually enjoys a pretty good track record when it comes to forecasting F1 events.

    Jordan was asked by Auto Bild if he thought Sebastian Vettel would make the move to Mercedes next season, a question which led to his vision of the future.


    "No. He has everything he needs at Ferrari. And also because Mercedes will probably pull the plug at the end of 2018," the Irishman said.

    "I think they will go for the titles this and next year and then the board of directors in Stuttgart will decide to sell the team and stay only as an engine maker.

    Ireland's famous oracle, the colorful Eddie Jordan, has delivered his latest prediction: Mercedes will quit F1 at the end of the 2018 season!

    The former team owner and TV pundit actually enjoys a pretty good track record when it comes to forecasting F1 events.

    Jordan was asked by Auto Bild if he thought Sebastian Vettel would make the move to Mercedes next season, a question which led to his vision of the future.


    "No. He has everything he needs at Ferrari. And also because Mercedes will probably pull the plug at the end of 2018," the Irishman said.

    "I think they will go for the titles this and next year and then the board of directors in Stuttgart will decide to sell the team and stay only as an engine maker.

    "I would do the same," Jordan added.

    "Because Mercedes have won everything and can only get worse from now. So it's better to go back to their old core business in Formula 1, which is developing and delivering high tech engines."

    Jordan believes this will be the deciding factor in convincing Vettel to ink a new deal with Ferrari sooner rather than later.

    "If Vettel suspects this, it really makes no sense for him to leave Ferrari," he said.


    source:http://en.f1i.com/news/270174-jordan...xDB5k1.twitter

  11. #41
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    ^If that happens than we can see Mercedes going back to McLaren and Honda teaming up with Sauber or possibly buying the team. On second thought, can you imagine a Red Bull Honda?!

    We can't be sure that Merc will want to leave though. F1 has done good for their image and it's a valuable marketing tool.
    Last edited by Stormy; 7th June 2017 at 12:16.

  12. #42
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    Quote Originally Posted by Stormy View Post
    ^If that happens than we can see Mercedes going back to McLaren and Honda teaming up with Sauber or possibly buying the team. On second thought, can you imagine a Red Bull Honda?!

    We can't be sure that Merc will want to leave though. F1 has done good for their image and it's a valuable marketing tool.

    Ha Ha on the RedBull Honda.

    I think Merc will leave on a high note....demolished F1 for a solid 3 or possibly 4 years.....maybe 5 then exit. Been there done that kinda thing. Your right as a marketing tool but they

    have yet to use it in their commercials as a selling point and honestly, I believe MOST of their buyers don't really follow F1 let alone their involvement in F1 and the complexity of it.

    They will supply engines though.....thats my 2 cents.

  13. #43
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    Mercedes fires back at former boss Eddie Jordan saying F1 exit in 2018 is rubbish and baseless:

    https://www.motorsport.com/f1/news/f...claims-915204/

  14. #44
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    Quote Originally Posted by jgonzalesm6 View Post
    Mercedes fires back at former boss Eddie Jordan saying F1 exit in 2018 is rubbish and baseless:

    https://www.motorsport.com/f1/news/f...claims-915204/
    "Monaco is a place where people like to party and it seems like somebody did a bit too much of that," Wolff said in a statement.

    LOL

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    EXCLUSIVE, INTERVIEW-Motor racing-McLaren, Honda nearing 'fork in the road'


    WOKING, England, June 7 (Reuters) - McLaren's partnership with Honda has not worked so far and the team are now approaching a "fork in the road", executive director Zak Brown said on Wednesday.


    Speaking to Reuters in his office at the Formula One team's headquarters, Brown indicated clearly that a parting of the ways was a real option under consideration by management.

    The American said engine upgrades promised for this weekend's Canadian Grand Prix were not ready and the Japanese manufacturer could not say when they might be.

    And while McLaren still wanted to win championships with Honda, there were serious concerns as to whether that was achievable.

    "Honda’s working very hard but they seem a bit lost," said Brown, who replaced Ron Dennis at the helm late last year.

    "We were only told recently that we wouldn’t have the upgrade coming (for Montreal)...and we don’t have a definitive timeline, which is concerning because the pain is great and we can’t sit around forever.

    "We were eagerly awaiting this upgrade as were our drivers and it’s a big disappointment that it’s not coming. It’s not lack of effort, but they are struggling to get it to come together."

    McLaren, the second oldest and most successful team in Formula One after Ferrari in terms of race wins, are the only ones yet to score a point this season. They have not won a race since 2012.

    The renewed partnership with Honda in 2015 was billed as a return to the glory days, when French great Alain Prost and the late Brazilian Ayrton Senna dominated the late 1980s and early 1990s.

    Instead it has brought failure and embarrassment to the former world champions, whose cars have failed to finish races -- and sometimes even start them -- due to engine failures.

    Spanish driver Fernando Alonso, a double world champion whose future is uncertain, said in March that "we have only one problem, and that is the power unit. There is no reliability and there is no power."

    McLaren were ninth in 2015, sixth last year and this season could become their worst ever.

    MARCHING ORDERS

    "The executive committee have now given us our marching orders," said Brown, who is also chairman of the fast-growing Motorsport Network media group. "We’re not going to go into another year like this, in hope."

    "I don’t want to get into what our options are. Our preference is to win the world championship with Honda. But at some point you need to make a decision as to whether that’s achievable. And we have serious concerns.

    "Missing upgrades, and upgrades not delivering to the level we were told they were going to, you can only take that so long. And we’re near our limit."

    McLaren have sounded out former partners Mercedes about a possible supply of engines, according to unconfirmed media reports.

    "It will all come together," said Brown, who said there were some big decisions to make in the next 90 days with the team needing to plan for the new car and give Alonso a reason to stay.

    "There’s lots of things that go into the decision and we’re entering that window now of 'which way do you go when you come to the fork in the road'.

    Brown said the decision to partner with Honda in what has so far been an exclusive deal was "100 percent right".

    "However, so far it hasn’t worked," he added. "A year in Formula One is an eternity. Three years is a decade. And you just can’t go on forever."

    Honda spokespeople were not immediately available for comment.

    Brown said there were clear advantages in a 'works' partnership but pointed to Red Bull and 2009 champions Brawn GP as examples of 'customer' teams who won titles.

    "Do I think you can win with a customer engine? I think you can," he said.

    Honda contribute more than $100 million a year to McLaren's budget, according to informed sources, and some have questioned whether the team can afford to lose such sums.

    Brown said the reality was that McLaren had lost some big, long-term sponsors and significant prize money in the last three years.

    "When you actually look at the impact of loss of FOM (Formula One payments) money and loss of sponsorship, it starts to diminish the commercial benefits of what Honda brings to the table," he said.

    "And when you start to net it out, it doesn’t have quite the commercial benefit it might appear from the outside." (Reporting by Alan Baldwin, editing by Toby Davis)


    source: http://www.eurosport.co.uk/formula-1...22/story.shtml

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    Audi to make F1 decision 'soon' - - - June 9, 2017

    Jun.9 - Audi is not ruling out entering F1 in time for the new engine regulations in 2021.

    The German marque has quit Le Mans and is now focused on Formula E, but the Dutch publication Formule 1 claims that a F1 foray is not being ruled out.

    Indeed, the VW brand recently took part in talks about the future shape of F1's engine rules, with the sport committed to improving the current 'power unit' era.

    "Like all other potential manufacturers, we were invited by the FIA and have discussed a possible participation," said Audi Motorsport chief Dieter Gass.

    "If we decide to participate in 2021, we have to decide soon," he added.

    So far, current F1 stakeholders have agreed that the engines should be simpler, cheaper and louder beyond the end of the current regulations ending in 2020.


    "There should be technical changes, yes, but I wonder if they will come," Gass said.

    And he said it's not just about the future rules, but a deeper question about whether Audi and F1 fit together.

    "That is more of a philosophical question," admitted Gass. "Is this what Audi stands for? Is it interesting for our marketing?

    "At the moment, Formula E is a logical choice for us," he said.





    source: http://www.f1-fansite.com/f1-news/au...decision-soon/

  17. #47
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    I'll go out on a limb here, Audi or Porsche WILL be in for '21. This is more wishful thinking than based on any knowledge.
    Forza Ferrari !
    "You need great passion, because everything you do with great pleasure, you do well." - Juan Manuel Fangio

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    Todt: F1 will never go all-electric

    Jun.15 - Jean Todt says F1 will never abandon its petrol-based origins and join Formula E as an all-electric powered series.

    "It's impossible," the FIA president told La Presse newspaper.

    "F1 is an absolutely different discipline," he insisted.

    Todt said he is a great supporter and fan of Formula E, but he thinks F1 took the right path by heading in the hybrid direction a few years ago.

    "It is a huge step forward compared to what we had before," said the Frenchman.

    However, Todt also said the progress made by Formula E since its inception has been "remarkable".

    "We have a dozen manufacturers who want to get involved, and have been approached by some of the biggest cities in the world," he said.

    "Today there are brands like Renault that are in F1 and Formula E."

    And Todt was also quoted by Le Journal de Montreal: "I am confident that one day Ferrari will follow suit, and we would like to see that."


    http://www.f1-fansite.com/f1-news/to...r-go-electric/

  19. #49
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    Quote Originally Posted by abbottcostello View Post
    Ah, you 'old' fart, prattling on about ancient history. (my first GP was Watkins Glen, 1971 )
    you lucky LUCKY person.. being at Francois first (and sadly last) win. I am sooooooo jealous!

  20. #50
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    Meeting between McLaren and Porsche for a motoring agreement in Formula 1

    It seems that Zak Brown and Eric Boullier, like Chase Carey, did not travel within 24 hours of Le Mans with the intention of seeing races only. According to reports from the French route, namely Diario AS, it seems that both Chase Carey, the boss of Liberty Media, and the McLaren executive, met with both Toyota and Porsche to discuss a possible agreement for both brands to bet Formula 1 with a sports project starting in 2021.

    Following the meeting of the Strategy Group which was attended by several drivers, including the Volkswagen Group in which Porsche is immersed, lay the groundwork for a new engine regulation for the 2021 season, the year in which the current V6 Turbo hybrid with MGU-H will have already lost its validity. With these established principles, it seems that Chase Carey met with executives from Porsche and Toyota to try to convince them to invest in a sporting program within Formula 1, with the role of motorizer.

    On the other hand, Éric Boullier and Zak Brown also had conversations with Toyota and Porsche. It seems that McLaren's intention is to leave Honda at the end of the season and bet on the Mercedes or Renault engines until the 2021 season. From that year on, they would try to collaborate closely with either Toyota or Porsche, just as they are doing Currently with Honda, but with different results. In addition, the agreement would have a clause so that Fernando Alonso could compete in the 24 hours of Le Mans 2018 with Porsche or Toyota.

    https://translate.google.com/transla...1/&prev=search

  21. #51
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    Quote Originally Posted by jgonzalesm6 View Post
    in which the current V6 Turbo hybrid with MGU-H will have already lost its validity.
    No MGU-H after 2021? Well, if the engines are simpler, that may attract new manufacturers either as constructors or engine providers. It looks like McLaren are going to Merc as a costumer team and meanwhile will try to find a different engine manufacturer in Toyota or Porsche that will work exclusively with them. This means that Merc may not leave F1 as constructors after all.

    If the engines are simpler after 2021, Honda may develop a competitive engine as well.

  22. #52
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    Quote Originally Posted by Stormy View Post
    No MGU-H after 2021? Well, if the engines are simpler, that may attract new manufacturers either as constructors or engine providers. It looks like McLaren are going to Merc as a costumer team and meanwhile will try to find a different engine manufacturer in Toyota or Porsche that will work exclusively with them. This means that Merc may not leave F1 as constructors after all.

    If the engines are simpler after 2021, Honda may develop a competitive engine as well.
    TOTALLLY AGREE!!!!!!!! It seems Chase Carey and Zak Browns intentions in attending the 85th 24 hours of LeMans were not just to "watch the race."

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    Williams have been tipped to ditch Mercedes as their engine suppliers and form a new partnership with Honda, according to reports.

    Roger Benoit, Formula 1 correspondent for Swiss newspaper Blick, believes Williams could make the move which would see them become the new works team for Honda while also paving the way for McLaren to re-join Mercedes for the start of the 2018 season.

    “Williams, who has been driving with Mercedes-Power since 2014, is planning to launch 2018 as a factory team for Honda,” Benoit wrote.

    Williams used Honda engines from 1983 to 1987 and, during that time period, won 24 races with Nelson Piquet winning a third World Championship title.

    Benoit also warned that Mercedes have to be wary of collaborating with McLaren again.

    "The final question is whether the Silver Arrows actually want to revert to such a dangerous rival as McLaren," Benoit added.

    "For Sauber, the outcome really does not matter, as they will remain Honda's number 2 team next year," he added.

    McLaren have issued a final ultimatum to Honda following their failure to deliver a engine upgrade at the Canadian Grand Prix.
    http://www.planetf1.com/news/william...switch-report/

    This is a way better solution for Honda than making Sauber their works team. Williams is more capable of designing a good chassis as they already have great engineers in place like Lowe. Williams is also a more renowned brand and Williams won't miss an opportunity like this because it means a lot of money in the bank. So, it's very possible that we see Williams as a factory team next year and Sauber a Honda customer team.

  24. #54
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    Quote Originally Posted by Stormy View Post
    This is a way better solution for Honda than making Sauber their works team. Williams is more capable of designing a good chassis as they already have great engineers in place like Lowe. Williams is also a more renowned brand and Williams won't miss an opportunity like this because it means a lot of money in the bank. So, it's very possible that we see Williams as a factory team next year and Sauber a Honda customer team.
    yep

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    Formula 1 to get first triple-header in 2018

    https://www.motorsport.com/f1/news/f...r-2018-920468/


    So French, Austrian and British GP's back-to-back-to-back....nice

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    Whiting gives Imola F1 circuit approval

    Imola remains on track for a future return to the F1 calendar.

    Before current Italian GP host Monza's 2017 deal was signed last year, the now ousted F1 CEO Bernie Ecclestone had admitted Imola was in the running to snatch the historic Italian GP.

    Now, Italy's authoritative La Gazzetta dello Sport reports that following an inspection by F1 race director Charlie Whiting, Imola has been given the necessary FIA circuit approval to host grands prix in future.

    "I hope that soon there is the confirmation by national authorities so that we can implement at Imola the promises made by the president of the Aci (Automobile Club d'Italia)," said Formula Imola chief Uberto Selvatico Estense.

    http://www.grandprix.com/ns/ns36695.html

  27. #57
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    Quote Originally Posted by jgonzalesm6 View Post
    Whiting gives Imola F1 circuit approval

    Imola remains on track for a future return to the F1 calendar.

    Before current Italian GP host Monza's 2017 deal was signed last year, the now ousted F1 CEO Bernie Ecclestone had admitted Imola was in the running to snatch the historic Italian GP.

    Now, Italy's authoritative La Gazzetta dello Sport reports that following an inspection by F1 race director Charlie Whiting, Imola has been given the necessary FIA circuit approval to host grands prix in future.

    "I hope that soon there is the confirmation by national authorities so that we can implement at Imola the promises made by the president of the Aci (Automobile Club d'Italia)," said Formula Imola chief Uberto Selvatico Estense.

    http://www.grandprix.com/ns/ns36695.html
    Any chance that the San Marino GP will return? Bring it on!

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    If Imola comes back they will probably modify the track to a huge extent.

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    F1 boss Chase Carey on where the balance lies between sport and technology

    Chase Carey, Formula 1 CEO, is speaking this afternoon at the FIA Sport Conference in Geneva in a session with Mercedes boss Toto Wolff and former Ferrari team principal Stefano Domenicali.

    The theme is “Global Motor Sport – challenges we have faced and those that are to come”, which will look at topics such as whether technology drives the sport or complicates it, whether the interests of the sport and the automotive industries will start to diverge as the industry moves towards autonomous technology and where the balance point is between regulation and the entertainment.

    Ahead of the conference JA interviewed Carey for the latest edition of FIA AUTO magazine and here is an abridged transcript of the interview.

    Carey speaks about being determined to protect F1’s classic venues like Monza and Silverstone, how he wants to work on the driver pathway to F1 and to showcase young drivers on the way up, why he’s open minded on what racing series should appear on the bill with F1 and where he feels the emphasis lies when considering whether technology or sport should be F1’s driving force.

    History is very valuable and in American sports the teams with long histories are very highly prized, the Yankees, the Knicks etc. But you’ve got valuable and historic properties here. Race-side you have Monaco, Monza…How important to you is the historical side?

    “Tremendously important. I think the history is one of the most important assets to have, there are fans who grow up, and you want fathers and grandfathers and sons to grow up and remember experiences. And I think the drivers, the teams, the races, the tracks are an incredible part of what makes this sport special and really distinguish the sport from other sports that are out there today. And in many ways I said, when I was in Fox and we first got in business with the NFL, we sort of had a slogan: ‘Same game, new attitude’ and I think it sort of applies here.

    “We want to respect the traditions that made this sport great and build on those. We’re not looking to gimmick the sport up. We want to take what is a great sport and bring it some fresh energy and innovation but with complete respect and admiration for, really, the history that is really incredibly important part of the sport.

    Will you put a greater emphasis on trying to maintain some of the events? We’ve had some depressing headlines coming out like ‘Monza’s on the brink’, ‘Silverstone’s on the brink’, the Belgian etc…Are you going to try to make sure that those things are properly sustainable and part of the fabric of the sport?

    “Very much so. We said the foundation of this sport is Western Europe which is where the tracks largely you’re talking about exist. We have great events around the world but the foundation of the sport is western Europe, that’s tremendously important and what we want to do is we wanna build a foundation but very much recognise that the foundation is critically important. So not grow at the expense of the foundation but I think your foundation needs to be strong and continue to make it stronger and then we can add the dimension of further growth but those historic events are an incredibly important part.”

    “Same game, different attitude”

    You’ve come into F1 because the investors you represent see an opportunity to grow. What are the key indicators that make you believe that?

    “I think in many ways just looking at what we think was not being done to really maximise the value and the opportunity in the sport over the recent years.

    When you don’t have a marketing organisation, you don’t have a research organisation, when you don’t have a digital organisation. Meaningfully you have a one man sponsorship crew. I think it sort of speaks to, you know, the resources that are not being deployed to maximising growth in the sport and I think in today’s age you need to be able to use all the tools you have available to grow it.

    Like digital platforms and social media, they could probably become the strongest driving force in growing a sport and to some degree it’s improving now. If you look at the growth in video platforms, video digital platforms just in the last few months, its a three/four fold growth in one year by just giving it some energy and opening it up. So I think there’s a real pent-up appetite to engage with Formula 1 in a much deeper way.

    For us to come into the business we think events, particularly global events are disproportionately going to grow in value, and the importance and Formula 1 is really unique. Probably with the Olympics and World Cup which are once every four years, it’s a sport which connects with fans – 100s of millions of fans around the world – and it does that with a sport which really captures their imagination.

    The pathway for young drivers to the top

    The deal to rebrand GP2 to FIA Formula 2 and complete that single seater pathway from F4, F3, F2, F1 was achieved quickly and smoothly, so does that indicate a positive spirit of collaboration with the FIA?

    “Yes, very much so. I mean it’s we’ve actually had a number of meetings with Jean Todt and the FIA. They’ve been very constructive meetings, I think we have a shared vision of where we want to go and again it’s three months in but I think we have a very good working relationship, we speak fairly regularly and are really looking to figure out how we can build some momentum to that relationship For us we’re building an organisation so I think that will facilitate having a bit more of an organisation of people with responsibilities who can communicate with their counterparts.

    It’s not just me, or me and Jean Todt but I think we want to have a place where we’ve got people who, I want people who have the responsibility and authority to make decisions and can engage with their counterparts and try to do things that will help grow the sport.

    It’s great having next-gen drivers showcased with F2 and now F3 coming up, are you looking to build that as a package to emphasise young guys coming through with broadcast and social media packages?

    “There’s no question. I mean Formula 1 is the ultimate race for us and I think as part of making Formula 1 great you want to make sure you’re doing what you can to provide the right training ground and opportunities for the next great drivers to learn and emerge and come through.

    You want to build this around the drivers?

    The drivers are our stars.

    Obviously the teams, the brands the other things are important but the drivers are our stars and we’ve gotta make sure we’re doing everything we can to…that’s it. To find the drivers of tomorrow and we’d love to have drivers coming from different parts of the world which as it’s a global sport, helps. But talent will ultimately win out but we want to make sure we’re providing the opportunities for talent to emerge and then to learn and grow and play a role in developing Not just sit here at Formula 1 and wait to see who pops out but play a role and helping develop the sport, grow the sport develop the drivers and other aspects of the sport
    The other thing that interests me is the way American sports fans experience the event. There’s something there, like a music festival kind of atmosphere?

    “Yeah I mean one of the sort of accusations thrown at me is that I’m going to Americanise Formula 1 and I said clearly not. It goes back to what I talked about the history and the foundation. We respect that way.

    I moved to London to do it, I didn’t say ‘Let’s run it out of New York’ so I think we recognise the truth, traditions, it’s a global sport. I think there are aspects of what American sports do reasonably well that can benefit us and I think one of those is taking events and making them a bigger, larger event with the sport at the heart of it that sort of is the rallying factor and the reason but is the event that engages peoples’ imagination and attracts new and different fans because they want to be part of the experience so I think it helps attract young fans, female fans that is not just you’re going to a race.

    “And I don’t want to minimise the importance of the race, the race is the defining element but if we create other interesting things in the level of excitement and energy around it, it’s food, music, information, exhibitions, things like that, engage the whole city, it’s- I think America’s done that well. And Formula 1 really lends itself to that because it is such an event, there’s only one in each country So it is, it comes to town, it should come to town and take over the city its in for the week it’s here and I think we want to bring that type of energy and excitement to it.

    In terms of long-term vision on motorsport generally – F1 is the pinnacle of motorsport, but do you want to reflect other categories in the support bill and to draw in more fans to motorsport generally?

    “I think we actually want to do that and I think one of the things I’ve found as I’ve gone around some of the tracks is that there was a bit of trying to exclude other forms of racing from our events and to some degree I want to invite them and I want this to be, we want to be the pinnacle but if there are things we can put on that interest and invite fans – that’s why we’re doing this – we’re doing this not for our purposes and not for the teams’ but we’re doing this for fans, and create a great experience for fans.

    If fans enjoy other forms of motorsports, if when they were in Australia they wanted the Supercars, the Australians love the Supercars. To me, I don’t want to preclude that and I should take advantage of that and get the supercar fan there who hopefully becomes a more passionate Formula 1 fan, and that’s good for everybody.

    A big decision will need to be made soon on where the balance lies between entertainment and technology. The noisy F1 car that gets driven by a legendary driver that none of us could dream of handling versus the track to road story for the manufacturer and the fuel companies. Could you give us your vision on that front?

    “I think they’re both part of what makes the sport special. It’s competition on one hand but the technology and engineering are obviously a part of what creates the mystique and interest in the sport and there are certain people who are passionate about that. But between the two I think clearly the sporting aspect, needs to be the driving force. We want to put on events that are great, exciting competition, great exciting action with great stars. We want the drivers to ultimately be the shining lights, not to be a sport driven by engineers but a sport where the engineers are adding value but our drivers are our biggest stars. I think we want to make sure we encompass both, sort of the technology and engineering with the sporting contest but first and foremost be clear: we’re looking to put on great exciting sporting events that captivate and excite fans.

    “I think one of the things we need to do a better job of is making that technology and this sport accessible. The fans, when you- when I go behind the scenes, because I can do it, it’s amazing. We’re not really enabling the fans to access it and I think in many ways that is an important part of engaging the younger fans, is to let them be able to find what they want to find. One of the great things about these digital platforms is that they give you the flexibility, so some who just want a simple view and we can still make that a richer view but there’s some who really want to be able to dig in and find some of the captivating pieces of information and data and follow it in a much deeper and richer way and be captivated by it.

    “And we gotta make sure we’re enabling those fans to achieve that and I think a lot of those fans are the younger fans because they’re the ones who get so agile on all these because a really deep experience is probably not going to be on a television because a television is so linear, and it’s sort of more something for everybody. The digital platforms you can find what you want to find and the younger generations are much more agile on that and I think much more fascinated by it. They’re fascinated by the technologies that are going to drive the world that they live in and it is one of the things that again we need to take advantage of. One of the unique things about our sport is that the sport married the technology. There aren’t other sports that have that feature so it’s a feature we’ve gotta take advantage of for those fans to find that interesting.

    And how loud will the engines need to be?

    “We’d like them to be a little louder. We’re working on it.”

    Another unique thing about our sport is that once a driver gets in the car you can’t tell if they’re able bodied or disabled, and secondly, critically the gender. You’ve seen Danica Patrick and other female drivers in the US, would you commit yourself to trying to create a pathway to get an effective female F1 driver to bust through the ceiling during your tenure?

    We’d love to have a female driver. I think it’d great for the sport, great for the fans, great in every way.

    And you go back, by creating the pathway and creating the opportunity, what we can create is the opportunity. We don’t want to be controlling the end result. At the end of the day I think Formula 1 should be a meritocracy where you’ve got the 20 best drivers in the world are out there in 20 cars but we gotta be providing an opportunity for everybody to get there and so by getting deeper into the development hopefully we can provide those opportunities.

    I want to work with the FIA in ways to make sure we’re doing what I can to provide the right development paths.

    I wanted to ask you about the threat of autonomous cars. If people no longer drive cars in the future why will they be interested in people racing them as a sport?

    “I think the answer goes back to ‘it’s a sport’. And if its a sport with great contest that captivates the combination of power athletics skill and technology to keep maximising the sport and puts it on a different path, where’s the car world going that you’re driving, it’s not going to be a reflection of the path that we have to follow.

    “What we want to follow is- I think it’s something that as we go forward we have to be cognisant, figure out haw we deal with it, I don’t really call it a threat, I think it’s sort of the world we live in and we gotta figure out how do we define our place in the world. But it’s certainly going to be with great drivers driving incredible machines with hopefully great competition.”

    https://www.jamesallenonf1.com/2017/...nd-technology/

  30. #60
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    Porsche to attend F1 engine meeting, Austrian GP

    Porsche will be attending an engine meeting and the Austrian Grand Prix, eyeing up the possibility of moving into the sport in 2021 when the new engine deal come into play. The German manufacturer won Le Mans for the third year in a row last weekend and could be looking at an entry into Formula 1.

    "We now know the (Le Mans) regulations for 2020," said Porsche's Le Mans chief Fritz Enzinger. "In the next weeks Peugeot should decide whether they come or not. But even if they do, we have to consider whether we want to go another two or three years in Le Mans. At the moment, I cannot assess that."

    It is also rumoured that Formula E is an interest of Porsche, as the electric series becomes more popular and takes off globally. There are also suggestions that McLaren is interested in a customer engine deal with the marque, however, they are also thought to be lining up a Mercedes deal for 2018.

    The last time Porsche was involved in Formula 1 was 1991, when they supplied Footwork with engines. The project was a disaster and only lasted six rounds. The failed to even to qualify for over half the races that year.

    https://www.f1today.net/en/news/f1/2...utm_medium=rss

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