munudeges wrote:It's a damning indictment on the state of Formula 1 when a team fighting for at least one championship and well in the top four ahead of McLaren has to survive on shareholder loans.
I agree strongly with this statement. Despite all the rapture in some circles about how great and wonderful Formula One is, the foundations of the sport are quaking. Some observers suggest that as many as three teams will not participate past the end of this season, due to economic strains. That would leave only 16 cars on track. How successful is the sport REALLY when its structure permits only 8 cars to be competitive - at most?
In another thread, a member suggested that roughly 2/3 of the money FOM rakes in should be split evenly among all the teams, with the balance apportioned on the basis of constructor's championship points scored. And ending the idiotic extra helping that Ferrari extorted from Bernie some years back.
In my judgement, the sport stands on the brink of a cataclysmic implosion. Their business model is simply unsustainable. It reminds me of the economic frenzy that gripped the US real estate market prior to 2009.
Check back with me in 2 - 3 years to see how accurate my prophesies turn out to be.