Ferrari attack 'unfair' F1 budget cap

Formula One's governing body has urged champions Ferrari to take the lead in agreeing to a cost cap for 2010 after the Italian team made their opposition evident.

In an exchange of letters seen by Reuters, International Automobile Federation (FIA) head Max Mosley rejected a suggestion by Ferrari president Luca di Montezemolo that the budget cap would result in a "fundamentally unfair and perhaps even biased" championship.



"I hope Ferrari will take the lead in agreeing the cost cap mechanism, thus freeing its engineers to work and preserving its shareholders money," Mosley wrote.



He pointed out that the championship, which has already lost Honda, was fighting for survival.



"As you know, we are in an unprecedented situation," Mosley wrote in a reply to Montezemolo dated 29 April and quoting Sergio Marchionne, chief executive of Ferrari's parent FIAT.



"The car industry and financial services are the two main sources of Formula One income. Both are in serious difficulty. We cannot just sit and wait, hoping nothing bad will happen.



"We have already lost one manufacturer. Despite my repeated requests, not a single manufacturer has given us a legally-binding undertaking that it will continue in Formula One," added the Briton.



"We may lose another manufacturer team at any moment. We already know that the current levels of expenditure are unsustainable for the independent teams.



"If we are to reduce the risk of the Formula One world championship collapsing, we have to allow new teams in. We also have to reduce costs drastically. The matter is therefore extremely urgent," wrote Mosley.



The FIA announced on Thursday that teams agreeing to compete in the 2010 championship with a cost cap of £40m would be given greater technical freedom than those remaining with unlimited budgets.



The measures included unrestricted engines, moveable front and rear wings and a KERS system, which gives a short boost at the press of a button, twice as powerful as those used by uncapped rivals.



The reaction from teams was cautious, with some backing a cap but opposed to what would effectively be a two-tier championship.



Montezemolo wrote to Mosley on April 28 expressing reservations and complaining that Ferrari had been given little time to assess the proposed new regulations before the FIA's world motor sport council met on Wednesday to approve them.



He said he had "always been concerned" about the introduction of a cost cap "mainly because I consider that there are serious technical difficulties in making sure that any cap can realistically be monitored."



"Additionally, any controversy on the actual respect of the cost cap would undermine the image of Formula One and could seriously damage any involved team," he added.



Montezemolo, who expressed doubts about the merit and fairness of creating "two categories of teams" and warned of creating confusion in the public mind, said he did not see why the rule changes had to be rushed through.



The Ferrari president also told Mosley that Ferrari, the sport's most successful and oldest team, had guaranteed rights and insisted on them being respected.



Ferrari issued a 'no comment' statement on Thursday after the cost cap announcement.



Have you tried new the Independent Digital Edition apps?
Caption competition
Caption competition
Latest stories from i100
Daily Quiz
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Career Services

Day In a Page

Is this the future of flying: battery-powered planes made of plastic, and without flight decks?

Is this the future of flying?

Battery-powered planes made of plastic, and without flight decks
Isis are barbarians – but the Caliphate is a dream at the heart of all Muslim traditions

Isis are barbarians

but the Caliphate is an ancient Muslim ideal
The Brink's-Mat curse strikes again: three tons of stolen gold that brought only grief

Curse of Brink's Mat strikes again

Death of John 'Goldfinger' Palmer the latest killing related to 1983 heist
Greece debt crisis: 'The ministers talk to us about miracles' – why Greeks are cynical ahead of the bailout referendum

'The ministers talk to us about miracles'

Why Greeks are cynical ahead of the bailout referendum
Call of the wild: How science is learning to decode the way animals communicate

Call of the wild

How science is learning to decode the way animals communicate
Greece debt crisis: What happened to democracy when it’s a case of 'Vote Yes or else'?

'The economic collapse has happened. What is at risk now is democracy...'

If it doesn’t work in Europe, how is it supposed to work in India or the Middle East, asks Robert Fisk
The science of swearing: What lies behind the use of four-letter words?

The science of swearing

What lies behind the use of four-letter words?
The Real Stories of Migrant Britain: Clive fled from Zimbabwe - now it won't have him back

The Real Stories of Migrant Britain

Clive fled from Zimbabwe - now it won’t have him back
Africa on the menu: Three foodie friends want to popularise dishes from the continent

Africa on the menu

Three foodie friends want to popularise dishes from the hot new continent
Donna Karan is stepping down after 30 years - so who will fill the DKNY creator's boots?

Who will fill Donna Karan's boots?

The designer is stepping down as Chief Designer of DKNY after 30 years. Alexander Fury looks back at the career of 'America's Chanel'
10 best statement lightbulbs

10 best statement lightbulbs

Dare to bare with some out-of-the-ordinary illumination
Wimbledon 2015: Heather Watson - 'I had Serena's poster on my wall – now I'm playing her'

Heather Watson: 'I had Serena's poster on my wall – now I'm playing her'

Briton pumped up for dream meeting with world No 1
Wimbledon 2015: Nick Bollettieri - It's time for big John Isner to produce the goods to go with his thumping serve

Nick Bollettieri's Wimbledon Files

It's time for big John Isner to produce the goods to go with his thumping serve
Dustin Brown: Who is the tennis player who knocked Rafael Nadal out of Wimbeldon 2015?

Dustin Brown

Who is the German player that knocked Nadal out of Wimbeldon 2015?
Ashes 2015: Damien Martyn - 'England are fired up again, just like in 2005...'

Damien Martyn: 'England are fired up again, just like in 2005...'

Australian veteran of that Ashes series, believes the hosts' may become unstoppable if they win the first Test