News On F1 - Formula 1 News, Results, Information and Statistics

Formula 1 Store
F1 Tickets, Tours, Gear
F1 Books
& Biographies

Formula 1 News - May, 2009
BMW to be next to issue F1 quit threat

F1 Merchandise
Main Page
Formula 1 News
2011 F1 Schedule
2011 F1 Line-up
F1 Teams
F1 Drivers
10 'n' Pole
Register - Submit
F1 Regulations
The Forums
Live F1 Coverage
Motorsport Shop
Motorsport Calendar

F1 Merchandise UK
F1 Merchandise USA

F1 Tours
F1 Tickets
F1 Diecast
F1 Videos
F1 Games
F1 Trivia
NewsOnF1 on Twitter
NewsOnF1 Blogs
MotoGP Tickets
Past Formula 1 Seasons
2010 F1 Results
2009 F1 Results
2008 F1 Results
2007 F1 Results
2006 F1 Results
2005 F1 Results
2004 F1 Results
2003 F1 Results

2002 F1 Results

2001 F1 Results

2000 F1 Results

1999 F1 Results

1998 F1 Results

1997 F1 Results
Contact Us
Your Say
Diagnosis & Prognosis
By the Heretic
Controversy Corner
The Real Race
By the Quali-flyer
F1 Testing
F1 Team Reports
8 'n' Pole
2010 World Cup
2006 World Cup

May 15 (GMM) The latest strong rumour in the budget cap row is that BMW is set to become the next car manufacturer to threaten to quit formula one.

The German squad's F1 chief Mario Theissen hinted at the move in Barcelona last weekend, but subsequently Ferrari, Toyota, Renault and Red Bull made clear declarations of their intentions to miss the May 29 deadline for 2010 team entries.

Giving weight to the BMW speculation on Thursday was Jean-Francois Gaubet, who as a Renault spokesman was quoted as commenting to Europe 1 radio that all the carmakers involved in formula one are united.

"All of us - Mercedes, Toyota, BMW, Renault and Ferrari - are on the same page," he said.

"We have until May 29 to register ourselves for the championship of 2010, and as long as the regulations are as they stand, we will not be registering," Gaubet insisted.

Taking the threat seriously is F1 chief executive Bernie Ecclestone, who arguably has the most to lose from a decimated world championship.

Referring to his meeting on Friday with FIA president Max Mosley and the teams, he told the French newspaper Le Figaro: "We are all going to sit around the same table and find a reasonable solution for everybody.

"It is not going to be easy, but no one wants to destroy formula one," the Briton added.

However, the late Enzo Ferrari's son and board member Piero Ferrari on Thursday insisted that "there will be no compromise".

"We want no budget cap, (the) same rules for everyone, clear rules," he told the Telegraph. "We want to invest in cars, in engines, in aerodynamics, in the technology of the cars."

By the same token, FIA advisor Tony Purnell - who devised the details of the budget cap - said the cost-limiting mechanism will not be dropped.

It is rumoured that the FIA may be willing to drop the 'two-tier' element and allow the big teams a 'glide-path' from 80m pounds sterling to 40m over the next three years.

But to Germany's Auto Motor und Sport, Purnell said the 40m sum is set. "If it rises significantly, it will no longer be attractive from the viewpoint of prospective new entrants."

Discuss this topic on NewsOnF1 Forums

10 'n' Pole Competition - Register

Latest Formula 1 News Headlines
14 Apr: F1 should 'applaud' Pirelli 'risk' for 'show' - de la Rosa
14 Apr: Stuck tells Mercedes to design 'new chassis'
14 Apr: Happy Buemi pushes to keep Toro Rosso seat
14 Apr: McLaren lineup good for 'five more years' - Whitmarsh
14 Apr: Di Resta gets initial practice for first time in 2011
14 Apr: Reports say Sam Michael's Williams role in doubt
14 Apr: Andretti opposes 2013 rules, Todt visits Ferrari
14 Apr: Kovalainen not looking for Team Lotus switch
14 Apr: Red Bull step 'significant' for Shanghai - Marko
14 Apr: Chinese official calls Vettel 'Fernando Alonso'
14 Apr: F1 teams warned before Shanghai race
13 Apr: Ecclestone decides 3pm GP start on India visit
13 Apr: Bahrain steps up push for new 2011 GP date
13 Apr: Interlagos run-off to be ready for 2011 race
13 Apr: Sepang 'fascinating' not confusing - Coulthard
13 Apr: Virgin must speed up to stay ahead of HRT - Glock
13 Apr: Razia and Valsecchi to drive Lotus cars on Friday
13 Apr: Horner vows to get Webber back into 2011 fight
13 Apr: Montezemolo wants Alonso for PM, no job for Massa
13 Apr: Hulkenberg eyes 2012 Force India race seat

The latest Formula 1 News

Back to the main news page

Back To Top

F1 Tickets
2011 Chinese F1 GP
2011 Canadian F1 GP
2011 Spanish F1 GP
MotoGP Tickets
2011 Spanish MotoGP
2011 Catalunya MotoGP
2011 French MotoGP
more Motorsport Tours & Holidays

Official 2010 F1 Season Review

Autocourse 2010 Annual

F1 Merchandise US

F1 Merchandise UK

Formula 1 Yearbooks

Ayrton Senna

Past Formula 1 Drivers