THE pinnacle of motorsports is in real danger of losing one of its crown jewels, as Ferrari had their appeal against FIA’s proposed optional £40m budget cap thrown out by a French court in Paris yesterday. (Read BBC story here)
FIA president Max Mosley had argued for the optional cap to be in place to stem the spiralling costs of the sport that is also deterring potential new teams from joining the ranks of Ferrari and McLaren.
Teams that adhere to the budget cap would have more technical freedom to modify their cars, which could in turn prove decisive on the tracks.
Ferrari, along with Renault, Red Bull and Toyota, have threatened to quit F1 if the budget cap comes through, but the new rule could attract the likes of “Wirth Research, Lola, USF1, Epsilon Euskadi, RML, Formtech, Campos and iSport”, according to a statement by the Italian team.
The thing is – would you rather watch a Formula One race without Ferrari – one of the sport’s traditional powerhouses – or prefer a possibly more unpredictable race season, with ‘poorer’ teams be able to match up to the likes of McLaren and Ferrari due to the technical freedom that comes with the budget cap?