kylef
Gone
+1,352|6939|N. Ireland
Ecclestone reveals special 'Ferrari deal'
20 December 2008

As Ferrari president Luca di Montezemolo has said he wants to see a greater transparency from Ecclestone about the revenues in Formula 1 Bernie Ecclestone now hits back at the Italian by revealing Ferrari's special deal with Formula 1 where the Scuderia is receiving millions of dollars extra.

An angry Ecclestone has told The Times that the Ferrari president should be the last person to be complaining about how much revenue the teams receive. "The only thing he has not mentioned is the extra money Ferrari get above all the other teams and all the extra things Ferrari have had for years - the 'general help' they are considered to have had in Formula One," Ecclestone told The Times.

"Ferrari get so much more money than everyone else," Ecclestone said. "They know exactly what they get, they are not that stupid, although they are not that bright, either. They get about $80 million (about £54 million) more. When they win the constructors' championship, which they did this year, they got $80 million more than if McLaren had won it."

Ecclestone reveals that the reason for paying Ferrari the extra $80 million goes back to 2003 when F1 teams tried to form a breakaway championship. Ecclestone explained: "They were the only team that broke ranks with the other manufacturers - why did they break ranks? That's where the $80 million comes in. We 'bought' Ferrari. We 'bought' Ferrari's loyalty. Our deal with Ferrari was that we 'bought' them so they would not go to the others." - GPUpdate
This is sure to start some controversy. FIA have been playing fast and loose with Ferrari for too long and now we see why.
baggs
Member
+732|6650
Never one to mince his words is he, i like him for that. Well lets hope that now this is out in the open, things will start getting a bit fairer on the F1 front, i doubt it tho. When money is involved, and we all know how serious money is in F1, things will never change.
Snake
Missing, Presumed Dead
+1,046|7012|England

I wonder if the race stewards are in on this as well...because this would explain their favouritism towards Ferrari in some of "those" calls this year. McLaren must be pissed @ that, more so than other teams being Ferraris main rival in the past few years. £54million is a hell of a lot of money.

If I'm honest, I am quite surprised that this was even revealed by Ecclestone. Ferrari wanted transparency, fuck me, they got it.

Got a weblink for that kyle?
baggs
Member
+732|6650
The Guardian

Slighty more in depth Times report

Is all there.

Last edited by baggs (2008-12-20 04:19:51)

Benzin
Member
+576|6444
Rather a nice way to shut Ferrari up, eh?
kylef
Gone
+1,352|6939|N. Ireland

Snake wrote:

Got a weblink for that kyle?
http://f1.gpupdate.net/en/news/2008/12/ … rari-deal/

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