F1 has rejected Andretti's entry bid
Discussion
Siao said:
$100m, not £. Which at the time was about £50m I believe.
I think Ron being a prick was primarily a reason for that fine!
The currency isn't really material; the kangaroo justice system of the FIA at the time is. If the fine is for pissing of the FIA President or "being a cock" that's not a justice system most would understand.I think Ron being a prick was primarily a reason for that fine!
rallycross said:
732NM said:
Moseley was the prick, he always was.
Absolutley.What would have happened to the $100m? how much went to BCE and Moseley? You'd need a really skilled forensic accountant to try and trace where it went with the number of off shore accounts they have/had!
The money - as with all fines the FiA receive - is distributed to grass roots motorsport, associated organisations and projects supporting member clubs. It's a non-profit organisation so has to distribute surplus this way. The McLaren fine was documented and published at the time. A ramping up of the work done under the NCAP Road Safety initiative (an FiA project) is widely believed to be attributed to the McLaren fine. Thus, Spygate had the unintended consequence of saving the lives of thousands of motorists.
With the FIA saying "bid for a team" this raises some possibility.
In the US , Stewart-Haas has just announced it is ceasing operations, and my sense is that it more about retirement and ageing than finance. I have to wonder if Haas F1 team just might be an option for Andretti.........................
In the US , Stewart-Haas has just announced it is ceasing operations, and my sense is that it more about retirement and ageing than finance. I have to wonder if Haas F1 team just might be an option for Andretti.........................
RDMcG said:
With the FIA saying "bid for a team" this raises some possibility.
In the US , Stewart-Haas has just announced it is ceasing operations, and my sense is that it more about retirement and ageing than finance. I have to wonder if Haas F1 team just might be an option for Andretti.........................
It's a good business decision. I think it's a combination of sponsorship being hard to find for next year and Cup Charters - which SHR has 4 to sell - being very valuable (possibly over valued?).In the US , Stewart-Haas has just announced it is ceasing operations, and my sense is that it more about retirement and ageing than finance. I have to wonder if Haas F1 team just might be an option for Andretti.........................
skwdenyer said:
Siao said:
$100m, not £. Which at the time was about £50m I believe.
I think Ron being a prick was primarily a reason for that fine!
The currency isn't really material; the kangaroo justice system of the FIA at the time is. If the fine is for pissing of the FIA President or "being a cock" that's not a justice system most would understand.I think Ron being a prick was primarily a reason for that fine!
But I don't really mind the huge fine. Espionage of that scale, they had to nip it in the bud with a fine that hurts, so that they won't do it again. Sure, Mosley wasn't a saint, but I agreed with the fine at the time .
Siao said:
I am not sure that the official term was "because your director is a prick"!!!
But I don't really mind the huge fine. Espionage of that scale, they had to nip it in the bud with a fine that hurts, so that they won't do it again. Sure, Mosley wasn't a saint, but I agreed with the fine at the time .
Did you also agree with Renault being let off without any penalty at all despite being found guilty in the same process of having a huge amount of current McLaren design data in their possession?But I don't really mind the huge fine. Espionage of that scale, they had to nip it in the bud with a fine that hurts, so that they won't do it again. Sure, Mosley wasn't a saint, but I agreed with the fine at the time .
thegreenhell said:
Siao said:
I am not sure that the official term was "because your director is a prick"!!!
But I don't really mind the huge fine. Espionage of that scale, they had to nip it in the bud with a fine that hurts, so that they won't do it again. Sure, Mosley wasn't a saint, but I agreed with the fine at the time .
Did you also agree with Renault being let off without any penalty at all despite being found guilty in the same process of having a huge amount of current McLaren design data in their possession?But I don't really mind the huge fine. Espionage of that scale, they had to nip it in the bud with a fine that hurts, so that they won't do it again. Sure, Mosley wasn't a saint, but I agreed with the fine at the time .
And no, of course I would not be happy with someone getting away with that sort of thing. What a weird question though, I wonder why you are asking me this, as if it is me handing out penalties. Bizarre...
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