The FIA has now released a statement which threatens the FOTA teams with legal action. This is no surprise since the FIA has already hinted in the past that they would pursue such recourse if necessary. The FIA’s lawyers have now examined the FOTA threat to begin a breakaway series. The actions of FOTA as a whole, and Ferrari in particular, amount to serious violations of law including willful interference with contractual relations, direct breaches of Ferrari’s legal obligations and a grave violation of competition law. The FIA will be…
Read MoreTag: breakaway
F1 – Is F1 Viable Without FOTA?
First we have to ask if Ferrari, RBR & STR will be part of both F1 and FOTA1 since they will most likely still be listed on the entry list when it comes out today. Look for these three teams to file breach of contract lawsuits against the FIA immediately after the entry list is posted. But let’s assume that all 8 FOTA teams will be exclusive to the new breakaway series. Lola and N Technologies have withdrawn their entries from consideration which may be the start of a disturbing…
Read MoreF1 – Why So Quiet Bernie?
This is the sport that Bernie and Max brought to prominence. It has been Bernie’s life for decades. Mr. Ecclestone has proven to all that he is an unimaginably shrewd and capable businessman. So, why has he stood by the sidelines while Max and FOTA scuttled the ship? We can only make conjecture at this point. Bernie did make a statement this morning, “You’ll have to ask Max about it. For me, this situation is just back to the future.” Maybe referring to how he and Max gained control of…
Read MoreF1 – FOTA’s Gambit
We here at Open Paddock have been pretty shy about jumping on the F1 media train for the last couple months since the politics of F1 have overshadowed the racing. But this situation has finally come to a head, so let’s discuss. Is this a page out of Max’s handbook of extreme bargaining tactics, or is that FOTA’s final word? Max has become a broken record when it comes to negotiations. He comes out with a monstrously extreme position that is only intended to make the other bargaining party enter…
Read More