Uncertain Future Of Formula 1
Posted on November 16, 2009
Filed Under Uncategorized
According to the reactions of tire manufacturers no one of them is interested in the costly partnership with the Formula 1 championship what has put its future in doubt.
Pirelli, Michelin and Goodyear practically at once renounced their participation and noted that they don’t have an intention to manufacture racing slicks for Formula 1. Later there appeared rumors that Kumho or Hankook would be the official suppliers of the championship.
Toyota and Renault followed the example of Honda and BMW and announced their leaving the championship (Toyota will leave after 2010). Taking into consideration the fact that Brawn GP, the winner of this season, is experiencing serious financial difficulties after losing the support of Honda and Virgin, the leaving of four major manufacturers means that Mercedes-McLaren and Ferrari will be the only large-scale participants.
Of course, global economic recession has played its role in the depreciation of the F1 status but there are other reasons contributing to this. The behavior of Max Mosley, former FIA head, whose sexual weaknesses were actively discussed in the media, and Bernie Ecclestone who evidently tried to replenish his bank accounts, make the championship less attractive for the manufacturers who may have had the willingness to participate in it.
In spite of all this four new teams are likely to participate in the following season. One of the teams will be American. The manufacturers from the USA haven’t participated in the racing series for many years. They all will use Bridgestone tires but other tire companies don’t rush to replace the Japanese (taking into account the cost of necessary research, testing etc). Probably the teams will have to call Tire Rack…
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