Someone’s slapped some sense into Max Mosley and the F1 bigwigs - they've scuttled the proposal for a two-tiered set of rules that had just about every team in Formula 1 threatening to quit racing at the end of this season. Mosley who leads the sport’s sanctioning body, has long been obsessed with reining in F1’s stratospheric costs. His latest idea to cut spending was granting teams that abide by a a $60 million spending cap far greater technical leeway than those that opt to spend whatever they like. Which is odd to allow more opportunities for teams to have technological advantages when they're not spending the R&D money to develop them. Because teams complained they didn't want to spend as much money as they wanted or had. Most of the teams, led by Ferrari, rebelled and threatened to skip next season. Mosley found himself trying to stare down the powerful Formula One Teams Association - and blinked.
Literally every team except Mercedes said they would pull out, and everyone’s best guess was that Mercedes was biding its time. That left the rulesmakers at the Federation Internionale d’Automobile in the untenable position of having a race series sans racers. Mosley finally woke up and caught a whiff of the java.
Sort of.
He’s agreed to a sit-down with the Formula One Teams Association teams before the May 24 Monaco Grand Prix. The teams will offer alternatives to Mosley’s proposal that include cutting back on wind tunnel testing and other cost-cutting moves, according to Speed TV. As long as the stupid cap system idea is dead and there's another season with the teams intact and involved, they can sit in a room until they're done counting their money and pinching pennies for all I care.
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