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. Ginger I posted something very similar this morning.
    I­ fist posted it some weeks ago and nearly got lynched­ for it!

    From Count Louis Zborowski, on Tue 23 Dec 12:55AM
  2. Chris T,
    totally agree with you sir, it's the same­ with the Honda fuel cell, and the McLaren spy gate, or­ branded cheats, yet Ferraris, flexing wing and flexing­ floor, nothing. Who's the cheat?

    From paul t, on Tue 23 Dec 12:52AM
  3. Chris T,
    yet Ferraris, flexing wing and flexing floor,­ nothing.

    From paul t, on Tue 23 Dec 12:52AM
  4. Chris T,
    totally agree with you sir, it's the same­ with the Honda fuel cell, and the McLaren spy gate, or­ branded cheats,

    From paul t, on Tue 23 Dec 12:51AM
  5. MGA: I wasn't sure if it had run out or not, I­ only really used it as recogniseable terminology to­ identify the agreement between FOM and the teams for­ the distribution of monies among other aspects of the­ sport, my point was more a suggestion of the FOTA­ acting as a single negotiating body on behalf of all­ teams to formulate a single agreement that benefits no­ individual to the detriment of any other.

    From ginger_gitt, on Tue 23 Dec 12:49AM
  6. Perhaps the economic crisis will be the catalyst needed­ to bring common sense back to Formula One. The teams­ may have no other choice that join forces against­ Bernie and the FIA. Let's hope so.

    It was fun­ discussing these matters with all of you. Have a nice­ evening.

    From Forza Ferrari, on Tue 23 Dec 12:46AM
  7. Chris T: I say the following are all dubious and all­ benefitted Ferrari.....

    1) Ferrari escape­ disqualification for illegal rear wing.
    2) Ferrari­ escape punishment for illegal floorpan.
    3) Rules­ redefined on "moveable aerodynamic devices"­ to outlaw Renault's Mass Damper after Ferrari­ become only team to really struggle to implement it.
    4)­ Rules redefined on "moveable aerodynamic­ devices" to allow Ferrari to use wheel covers­ which were not only aerodynamic devices, but also­ technically moved.
    5) Honda penalised when excess fuel­ could be argued to be ballast as the car would not move­ without it.
    6) "Cool Fuel" issue at Brazil in­ 2007 which if deemed illegal would have stripped Kimi­ of his WDC and hadn't it to Lewis.

    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 ginger_gitt, on Tue 23 Dec 12:46AM
  8. MGA Pitpass carries the story . The Concorde­ Agreement has in fact expired although there is a­ letter of agreement standing

    From slimj, on Tue 23 Dec 12:44AM
  9. tele996 : I am not horrified by anything that happens­ in F1 and quite bluntly i don't see why anyone here­ is either. Does the Carry on Gang mean anything to you­ ? This is total entertainment and nothing else . What­ kind of reasonable and respectable business would be­ caught in such a mess. Constantly i hear the notions of­ F1 near the end , bad for the sport , etc etc and on­ the next page i read about all those who are investing­ in F1 . Right now there appears to be 4 different­ groups looking at Honda. If as many say F1 is finished­ , rigged , fixed then why would there be such an­ interest in Honda . Are these people just plain stupid­ ? Don't they know there's a recession right­ around the world? Don't they know only Ferrari gets­ good deals ? My guess is that they haven't found­ this forum yet. Hope they don't until they've­ bought.

    From slimj, on Tue 23 Dec 12:42AM
  10. I agree with you and do respect your opinion forza and­ I also agree with ginger gitts opinion that fota is a­ threat to bernie and the fia, it must be, anything that­ unifies the teams will be a threat. Bernie and the fia­ like to divide and rule and fota poses a big problem­ for them.

    From tele996, on Tue 23 Dec 12:38AM
  11. At this point I would like to scream about­ Renault's mass damper. Outlawed after over a season­ in use. Let Schumacher nearly take the championship­ from Alonso. Only an unusual breakdown of a Ferrari­ kept Alonso his title.

    From Count Louis Zborowski, on Tue 23 Dec 12:37AM
  12. Gentlemen: MGA Forza, Slim, Paul, tele
    I did enjoy­ that. I didn't get angry or insulted or removed­ once! A bit of tension earlier, but I suppose Slim had­ only read my err less than 100% serious comments.
    I­ liked the bit about bouncing on the sofa with a cup of­ tea! Brought back memories.

    From Count Louis Zborowski, on Tue 23 Dec 12:33AM
  13. SlimJ,
    sorry I have to correct you their, Honda fuel­ cell, was found guilty by the FIA, on the grounds, that­ it was theoretically possible, for the car to be­ underweight. the car was never underweight, and if you­ remember, Honda's defence was, if the fuel cell was­ empty, the car would not move. The FIA dismissed that­ argument, and found them guilty, even though the car­ was not found to be underweight, and the truth of the­ matter is, they were a serious threat to Ferrari, just­ like McLaren was, same result.

    From paul t, on Tue 23 Dec 12:32AM
  14. Forza, nice to see you again, a reasoned pro-Ferrari­ stance has been a rarity, so welcome back.

    I do think­ that there needs to be somekind of investigation into­ the true wordings of this agreement with Ferrari. And­ once that is done (and any reprimand has been handed­ out if it is required) ALL Concorde Agreements with ALL­ teams should be torn up. A new single agreement should­ then be drawn up between FOM and FOTA, so no single­ team can ever have the ability to influence the sport­ in such a way, thus forcing all teams to work together­ for the good of the sport.

    Just out of curiosity, does­ anyone think this FOTA is a united alliance that­ actually scares the FIA and Bernie? All teams acting­ together as one (including Ferrari this time) could­ make a breakaway series a serious prospect as long as­ they are all singing from the same hymn sheet, but how­ much is that scaring people into the latest outbursts­ against Ferrari? $80million a year to "buy"­ Ferrari's loyalty and 5 years down the line they­ are not only now "on the other side" (so to­ speak) but are apparently the "enemies" new­ leaders.

    From ginger_gitt, on Tue 23 Dec 12:30AM
  15. It's no secret that Ron Dennis and Max are not­ exactly on each other's Christmas card list- and­ haven't been for many, many years.

    From Count Louis Zborowski, on Tue 23 Dec 12:29AM
  16. tele996, I will answer honestly. I admit that many­ decisions have been made that seem to favor Ferrari. I­ don't necessarily buy into the conspiracy theory. I­ do believe, however, that the FIA has some kind of­ "vendetta" against McLaren, which naturally­ benefits Ferrari.

    I have been watching Formula One­ long enough to know that things change. Ferrari used to­ get those same kind of penalties not so long ago. I­ seem to remember that Williams also suffered the same­ fate at some time in the past. Unfortunately, the FIA­ has a long history of inconsistency that leads to all­ kinds of theories.

    From Forza Ferrari, on Tue 23 Dec 12:24AM
  17. MGA
    Can we start chucking poo now?

    From Count Louis Zborowski, on Tue 23 Dec 12:20AM
  18. I think they're hiding.

    From Count Louis Zborowski, on Tue 23 Dec 12:20AM
  19. I must say, it is nice to finally have a discussion­ with varying opinions and no cheap insults. It looks as­ if the "locos" took a day off.

    From Forza Ferrari, on Tue 23 Dec 12:17AM
  20. ... and is it the left or right side of you?

    From Count Louis Zborowski, on Tue 23 Dec 12:17AM
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