Ecclestone reveals Ferrari's extra cash

Eurosport - Sat, 20 Dec 23:16:00 2008

Formula One supremo Bernie Ecclestone has hit back at criticism from Ferrari president Luca di Montezemolo by detailing how much more money the Italian team receive from the sport than their rivals.

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"They know exactly what they get, they are not that stupid, although they are not that bright, either. They get about $80 million (£54m) more," added the Briton.

"When they win the constructors' championship, which they did this year, they got $80 million more than if McLaren had won it."

Ferrari are the sport's most glamorous and successful team and the only ones still in Formula One who were also present at the outset of the world championship in 1950.

It has never been a secret that the Maranello team receive a greater share of the sport's revenues in recognition of their special importance but a figure has not previously been revealed.

Ecclestone's remarks followed comments by Di Montezemolo in which the Italian said Formula One was not run in a normal, transparent manner, did not need a dictator and that teams should get more of the revenues.

"The only thing he has not mentioned is the extra money Ferrari get above all the other teams and all the extra things Ferrari have had for years - the `general help' they are considered to have had in Formula One," said Ecclestone.

The Briton added that Ferrari benefited from agreeing a new deal with him after breaking ranks with the other manufacturers in 2003 when they were threatening a breakaway series.

"They were the only team that broke ranks with the other manufacturers - why did they break ranks?" he said. "That's where the $80 million comes in."

Ecclestone suggested Ferrari might like to share some of the money with the other teams rather than seeking more from him.

"What he (Montezemolo) should do, rather than asking for money, with all the extra money Ferrari gets, he should share all that amongst the teams," he said.

A Ferrari spokesman had no comment on Ecclestone's remarks.

"However, the topic of revenue is of the highest importance at this particular time in Formula One," he added.

Montezemolo also heads the Formula One Teams Association who have agreed a package of cost-cutting measures with the governing FIA to stabilise the sport in the face of the credit crunch.

At their last meeting, FOTA and FIA also agreed that they needed to sit down with Ecclestone's Formula One Management "to discuss the earnings of the Formula One teams."

FIA President Max Mosley has suggested that up to 12 teams should get at least $50 million each from the commercial rights holder to ensure full grids and a healthy championship.

Reuters

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  1. Ardsay e Giv-a-Shee
    and I thought you were from the­ Middle East!

    From Count Louis Zborowski, on Tue 23 Dec 12:55PM
  2. This i did not know, and merely just proves the­ favouritism that goes on in this sport.

    From Tom, on Tue 23 Dec 12:11PM
  3. you guys are some serious 'forumers'(??)­ !!
    just remember, everyone is entitled to their­ opinion, crazy as it may be.......

    From she-ra, on Tue 23 Dec 11:52AM
  4. While this business makes Ferrari look hypocritical at­ best, it does even more harm to Bernie's already­ dubious reputation. It takes more than one party to­ make a dirty deal.
    With these tantalising statements,­ the public are not going to be satisfied until the­ situation is clarified and the true meaning behind his­ words revealed. Alas, judging by past performances, I­ fear the truth may not be forthcoming.

    From Count Louis Zborowski, on Tue 23 Dec 10:51AM
  5. mouronroute: Not exactly arguments in the same ilk as­ the ones I made are they, more like wild accusations­ and self-boasting from a Ferrari fan at their own­ superiority, and as I've said on this thread­ before, Ferrari sold the right to be considered­ superior, the price was $80million.

    And incidently,­ I'm not a Mclaren fan if anyone thinks I'm just­ a bitter supporter of the Woking outfit, and given I am­ not a fan of Ferrari, Mclaren or Renault I can't­ really be bias against or in favour of any of them­ above the others.

    From ginger_gitt, on Tue 23 Dec 10:50AM
  6. Hi Elan, there is a clue to my thinking where I say­ "I don't actually believe that".

    .

    I­ can see both sides to the debate, Ferrari now look like­ they have no moral authority in discussions as part of­ the FOTA and people are rightly angry that they took­ the bribe in 2003 at the expense of a united front by­ every other F1 team to get a better deal for all the­ teams.

    Bernie is no idiot, he is very happy for the­ spotlight not to be on him and the money he takes out­ of F1, much better that people should be pointing the­ finger at Ferrari.

    The deal done in 2003 was a divide­ and conquer deal and it worked, Ferrari now look like­ hypocrites if they argue too strongly and maintain the­ united front with the other teams. Maybe they are just­ trying to get another better annual bribe for­ themselves. Would they abandon opposition to standard­ engines if the price was right?

    .

    But as some have­ said, Ferrari are a special team, they do have a huge­ fanbase and they have a special history, but I­ can't agree they deserve special treament and more­ money from F1 than any other competitor and cetainly­ not more money than the other great teams with just as­ much history like McLaren, Renault or Williams.

    .

    As­ I remember the GPMA didn't break up until a few­ other teams had broken away too, google GPMA and Toyota­ or Renault. I think we have to assume these teams also­ got a better deal for themselves too, clearly not as­ good as Ferrari's deal.

    If we highlight what­ Bernie says "When they win the constructors'­ championship, which they did this year, they got $80­ million more than if McLaren had won it." So we­ don't know if that applies to other teams, would­ Ferrari have got $80 million more than if Renault had­ won?

    Full disclosure would be good, as shameful as it­ might be for some teams.

    From Scottish C, on Tue 23 Dec 10:33AM
  7. ELAN,I belive like all other teams ferrari wanted more­ share off the money generated by the sport. What other­ teams , put it right ,the mclaren team of supporters.­ and your spelling is worse than mine.

    From touronroute, on Tue 23 Dec 8:43AM
  8. CHRIS T, good morning to you, there is proof, it is­ taking longer than thought tho to come out of the­ cupboard.

    From touronroute, on Tue 23 Dec 8:39AM
  9. Scottish C, Do you really mean all this??

    Self­ interest & selfishness motivated Ferrari to take­ the bribe. They broke ranks and sold out the other­ teams and as a result, they have the blood on their­ hands of every failed F1 team since 2003, Jordan,­ Arrows, Prost, Jaguar, Minardi, Midland, Spyker, Super­ Aguri & Honda!

    Ferrari are the scabs and blacklegs­ of Formula One. They broke the union, crossed the­ picket line, accepted the bribe against the best­ interests of the sport and every failed team has paid­ the price for their betrayal.

    --------
    I belive like­ all other teams ferrari wanted more share off the money­ generated by the sport. By now everyone knows that­ Bernie takes away 50% of the revenues ( and that after­ paying $80m per year to ferrari ) and all the teams­ wanted a better share instead of the poison drawf­ taking away the money, and every team was fighting­ against him to get a better share, its just that­ ferrari managed to win the fight and the other didnt.­ Now you cant blame them for winning that fight.
    If Ron­ Dennis had the power in 2003 then he definetly would­ have negotiated such a deal with Bernie. What Jean Todt­ did in 2003 was for the benifit of his team, any team­ principle in his position would have done the same for­ their team.

    Instead of posting comments against every­ other team, we fans should unite and try to do­ something to kick off the little poison drawf - Bernie­ - out of the sport so that the remaining 50% of the­ revenue is also distributed among the teams who deserve­ it rather that this little creature.

    From Elan, on Tue 23 Dec 8:24AM
  10. Touron.
    You just made that up.
    The wing and floor pan­ were against regulations, but went unpunished. There is­ no proof that McLaren paid for information- Why would­ they? The 2007 McLaren was a superior car.
    The cool­ fuel issue- was a bit odd though. The championship was­ over. The FIA would have looked pretty foolish to­ overturn the result. Especially when the result suited­ them and ratified their previous scandalous­ decision.
    By the way. Good morning!

    From Count Louis Zborowski, on Tue 23 Dec 8:10AM
  11. ginger-gitt, I say the following are all jealous items­ that ferrari thought of ans mclaren had not the brains­ to think of them.

    1) mclaren jealous as ferrari think­ of a clever downforce rear wing .
    2) Ferrari escape­ punishment , for a wind operated floorpan that was­ operated by a carbon spring that cost 9p.
    (3) mclaren­ so jealous that they had to pay somebody for plans so­ they could get some clever knowledge
    (4)"Cool­ Fuel" issue at Brazil in 2007 which if deemed­ illegal, but it wasn't, it was another case of sour­ grapes from mclaren.
    then mclaren tried to cheat with­ two sets of intermediates thinking the stewards­ wouldn't find out, mclaren you are idiots thats why­ you will allways be hated world wide.
    Now I'm sure­ there are some I have missed, and unfortunately I­ can't add balance by arguing the other side (and I­ actually would have liked to) because I can't think­ of any decisions in the same ilk that have penalised­ Ferrari or benefitted their competition.

    From touronroute, on Tue 23 Dec 7:10AM
  12. Forza Re Comment 610
    GP Update prints the whole­ quote:-
    "Ecclestone explained: "They were the­ only team that broke ranks with the other manufacturers­ - why did they break ranks? That's where the $80­ million comes in. We 'bought' Ferrari. We­ 'bought' Ferrari's loyalty. Our deal with­ Ferrari was that we 'bought' them so they would­ not go to the others."
    He then goes on to­ say
    "and all the extra things Ferrari have had for­ years - the 'general help' they are considered­ to have had in Formula One," said­ Ecclestone."
    Would that be the 14 point advantage­ the FIA gave Massa to try and help him win the­ WDC.
    I've got to say I'm disappointed with all­ these justifications I expected better.

    From Mike, on Tue 23 Dec 4:12AM
  13. Lest we forget, the GPMA weren't threatening to­ break away because they were so keen to set up a rival­ series to F1, they were trying to get increased­ revenues from Bernie.

    When Ferrari got those increased­ revenues ($80,000,000 per year) then they were­ satisfied, no need to threaten to break away anymore,­ we're happy here.

    .

    It reminds me of the story of­ the 2 camera men filming lions in the Serengeti. A­ lion had spotted them and was making it's way­ towards them for an easy lunch. The first guy starts­ putting on a pair of nike trainers, the 2nd guy says to­ him "you're wasting your time, you'll­ never outrun a lion", the first guy says "as­ long as I can outrun you, I'll be­ fine".

    .

    Self interest & selfishness­ motivated Ferrari to take the bribe. They broke ranks­ and sold out the other teams and as a result, they have­ the blood on their hands of every failed F1 team since­ 2003, Jordan, Arrows, Prost, Jaguar, Minardi, Midland,­ Spyker, Super Aguri & Honda!

    Ferrari are the­ scabs and blacklegs of Formula One. They broke the­ union, crossed the picket line, accepted the bribe­ against the best interests of the sport and every­ failed team has paid the price for their­ betrayal.

    .

    I don't actually believe that, but if­ we're going to have a witch hunt, I might as well­ join in. I can do righteous indignation better than­ anyone!

    Let's have a lynching, has anyone got­ any rope?

    From Scottish C, on Tue 23 Dec 4:08AM
  14. At least it shows that the nutters aren't­ restricted to supporting Ferrari, which is a relief in­ a strange kind of way.

    From ginger_gitt, on Tue 23 Dec 1:24AM
  15. Just looked back at thumbs it seems any one against­ Mclaren its thumbs down.
    Just trying to bring a bit of­ impartiality into it must be beyond them.

    From MGA, on Tue 23 Dec 1:16AM
  16. MGA: I'm guessing there's at least one nutter­ reading what we're saying eve if he is thankfully­ not participating

    From ginger_gitt, on Tue 23 Dec 1:12AM
  17. Well there's me thinking what a good discussion­ this is but iv obviously upset some one.
    all my posts­ have gone makes you wonder what is going on at yahoo­ doesn't it

    From MGA, on Tue 23 Dec 1:09AM
  18. Chris T: If its any consolation, I posted something­ with a similar message to it a while back now too. I­ too got lynched for it. No one yet has been able to­ provide me with satisfactory examples that would enable­ me to argue a pro-Ferrari opinion though on this­ matter. I would like to be able to come on here and­ say "well you say the FIA loves Ferrari, but these­ show the FIA doesn't", because then I could­ argue that F1 is fair and balanced. As long as that­ side or the argument is barren though there is an­ issue, and stories like this article do nothing for my­ faith in F1.

    From ginger_gitt, on Tue 23 Dec 1:00AM
  19. Anyway, I must retire. Beauty sleep and all­ that.
    Thanks to all for an arguement with no shouting.­ I would wish you all merry Christmas and all that, but­ I'm sure I'll be back later.

    From Count Louis Zborowski, on Tue 23 Dec 12:57AM
  20. paul t. you are quite correct . the tank itself was­ not illegal more so the car when empty was underweight­ . Bar / Honda had used fuel in a secondary tank as­ ballast which is illegal. If you remember Bar/Honda­ also omitted informing the FIA of this secondary tank­ until the stewards discovered it.

    From slimj, on Tue 23 Dec 12:57AM
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