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GP Week : Issue 18
FIA President Max Mosley got back on the political offensive over the British Grand Prix weekend, with a press release that spoke of the impending doom facing Formula 1 – but offering teams the opportunity to fix it. “Gentlemen,” he wrote to the Formula 1 Team Principals, “Formula 1 is becoming unsustainable. The major manufacturers are currently employing up to 1000 people to put two cars on the grid. This is clearly unacceptable at a time when all these companies are facing difficult market conditions.” Mosley went on to invite the teams to make proposals in three separate areas: Reducing current levels of expenditure to cut 50% off costs; extracting more energy from less fuel; and improving the racing show. “This matter is now urgent,” he continued. “We need proposals which we can turn into detailed rules. These must be ready within three months and have the support of at least a majority of the teams, failing which the FIA will itself prepare new rules for 2011.” Such an ultimatum is a well- trodden path by Mosley and is sure to get the F1 teams and media talking. The teams, for their part however, have openly welcomed the letter as it gives them a real chance to determine the future regulations of the sport. “I think the important thing about the letter is that it states that the teams can get together to write the rules for the future,” said Honda team Principal Ross Brawn. “If the teams can agree on the future direction of F1 that is the best solution.” Of course reaching such an agreement has always proved difficult. Mosley’s invitation to the teams is, however, a step in the right direction and follows his other recent attempts to get the F1 teams on his side in the power plays for the overall control of the sport. Mosley back on offensive GP2 Series Team Principal Adrian Campos has divulged to GPWEEK that he will be bidding for the assets of the Super Aguri F1 team when they go up for auction later this month, but has denied that his interest has anything to do with a potential move into F1. Campos had met with Aguri Managing Director Daniel Audetto in an attempt to gain the assets before the sale. However the few remaining pieces of the defunct F1 team will go to an open auction. “It’s true I was there to talk with them about buying the assets. That’s all for the moment. Now maybe they will split the assets into groups, so we will see,” Campos told GPWEEK. GPWEEK has heard unconfirmed reports that PKF, the administrators brought in to oversee the dissolution of Super Aguri, have been relieved of their duties following disagreements with major creditor Honda. What remains of SAF1 is now believed to be on the verge of liquidation. SHM Smith Hodgkinson has been charged with the auctioning of Aguri’s assets, and bids are to be accepted for the minimal number of lots through their official auction site www.saf1-auction.com. Aguri to Auction Assets – Campos Interested 10