Yes it is true!(Link ). Tonight FOTA announced that it was no longer able to work with the FIA and that it would be launching a breakaway series. This decision was made after a lengthy meeting at Renault’s Enstone headquarters in response to the FIA’s no-compromise stance which gave the teams until tomorrow to change their conditional entries. The release was filled with very interesting information but this was my favourite part :
“These teams therefore have no alternative other than to commence the preparation for a new Championship which reflects the values of its participants and partners. This series will have transparent governance, one set of regulations, encourage more entrants and listen to the wishes of the fans, including offering lower prices for spectators worldwide, partners and other important stakeholders.”
“The major drivers, stars, brands, sponsors, promoters and companies historically associated with the highest level of motorsport will all feature in this new series.”
When I first read this news I was hoping that this could be one last throw of the dice by FOTA to force the FIA into compromising or at least delayng tp have serious discussions. However, having read the quoted section above it is clear to me that if these claims are true then FOTA are very serious and would have been planning their alternative if there was no compromising with the FIA.
FOTA claims to have the support of all major drivers (of course), brands, promoters and sponsors willing to join this series and should this all come to fruition it would mean the death of the ‘other’ series. It wont be hard to convince various brands to follow the best known teams in the world so we have no doubt that this is true.This is necessary if they want to avoid a repeat of the CART/IRL debacle that destroyed American open-wheel racing where both series impacted negatively on each other.
The section I highlighted is sheer brilliance in my opinion as it addresses some of the major concerns of every single person connected to F1 and it strikes to everything wrong with the FIA lead series at the moment.My biggest problem with all of this is how will it be accomplished and what further drama will we have to endure now that it has been announced. I guess all we can do now is sit back and watch the further developments that are sure to arise.