| Formula One is going through changes not seen in | | | | that agree to the cap, there will be little in the |
| the history of the sport. As you can imagine, the | | | | way of technological restrictions. Teams that don't |
| massive changes are not going smoothly. This is | | | | agree will be heavily regulated and at a major |
| particularly true for the cap instituted for 2010 by | | | | disadvantage. The obvious choice is to agree to a |
| the FIA. | | | | cap, but it isn't as simple as that. |
| The FIA is the rule making body for Formula One. | | | | The larger teams have massive budgets. Toyota, |
| The leader is Max Mosley and he has been a very | | | | Ferrari, BMW and so on are easily spending $200 |
| busy man. The rules of Formula One have | | | | million or far more. They have entered into |
| changed so dramatically that it is difficult to know | | | | contracts with companies past this season. They |
| where to start. The idea was to make the racing | | | | have far more employees than they can keep |
| more exciting and cut costs. While costs have | | | | under a 40 million pound budget. The end result is |
| been cut, we have a one-sided championship that | | | | these teams would have to contract heavily and |
| has more or less already been decided after only | | | | it is something they seem unwilling to do. |
| the 5th race of the season. This is not good. | | | | The other issue is the nature of Formula One. It is |
| The next matter in the war between the teams | | | | supposed to be the cutting edge of racing from a |
| and FIA is the budgetary cap. Mosley has | | | | technology stand point. All the rule changes and |
| indicated the teams are demanding a cap. The | | | | budget cap are "dumbing down" the sport. At this |
| teams seem to have a different view. As the | | | | point, it is difficult to see the difference between |
| budgetary cap is currently constituted, most | | | | a Formula One car and an Indy Car under the |
| manufacturers have indicated they will leave the | | | | 2010 rules. Obviously, they are different. That |
| sport rather than participate in 2010 under it. This | | | | being said, they are not much different. |
| includes teams such as Toyota, BMW, Ferrari, | | | | The teams are willing to agree to a budget. The |
| Red Bull and even Brawn, the current front | | | | issue seems to be what that budget is and how it |
| runner. | | | | will come around. One has to assume it will be |
| So, what is the big issue with the budget? This is | | | | worked out. If not, Formula One will be a shadow |
| Formula One, so it is convoluted. The basic idea is | | | | of itself in 2010 and will suffer greatly. |
| the cap creates a two tier situation. For teams | | | | |