Cannibalism in the business of Sport

[dee-luded 2,959]

inequities in the games of equal opportunity. those who wish to control, & those who wish to Win. when power is a dirty world.

http://www.news.com.au/sport/motorsport/f1-turmoil-as-force-india-sauber-and-lotus-threaten-us-grand-prix-boycott/story-fnec578q-1227109825259

F1 turmoil as Force India, Sauber and Lotus threaten US Grand Prix boycott

ONE of the top racing officials at Sahara Force India says up to three teams are considering a boycott or pulling out after one lap of Sunday’s US Grand Prix to protest the financial gap behind the sport’s richest teams in Formula 1.

Bob Fernley, deputy team principal for Sahara Force India, said it would be a difficult decision left up to the team owners. He said either scenario is “not off the table” and identified the other two teams as Sauber and Lotus. All three are facing financial struggles.

Two other teams, Marussia and Caterham, are in bankruptcy and won’t race Sunday.

Lotus and Sauber dismissed reports suggesting they were prepared to take such drastic action and, instead, emphasised they intend to find a way of reforming F1’s business plan.

Lotus owner Gerard Lopez said: “I’ve had a meeting with them about the cash distribution and so on and that’s it. “I don’t think there is an agenda — I sure hope there is none — but things have to drastically change in the next couple of weeks.

“Not because teams are going to be driven away, but because if you don’t take a situation like this one seriously, to change something, then you are never going to do it.

“Listening to people say we have to have a certain amount to compete in the sport, a figure that scares new manufacturers to come in, is ridiculous yet that’s the reality of things right now.

“In a sport where $120 million is perceived to be nothing, that is a pretty scary thought.” The absence of the cash-starved Caterham and Marussia teams at the Circuit of the Americas this weekend has prompted a mini-crisis in the sport.

But the controversy and argument have failed to persuade F1’s commercial boss Bernie Ecclestone or the leading “big four” teams from contemplating change.

Mercedes boss Toto Wolff told a news conference late Friday: “The teams in F1 today should stay in F1 and they should all look at the situation and come up with a short-term plan, how to have a healthy grid, and a long-term plan. “We are talking about money distribution, which is an issue for the commercial rights holder, and I don’t have a solution ... but it comes back to the principle that whatever you give to the teams they are going to spend.”

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It seems that not only world economies are battling to find the Economic balance,,,, & harmony of 30 Yrs back.... so it seems is world major sport in dis-array.

see the AFL & the power clubs & guess what, the inequities allowed to continue to grow over the last 30+ years is also a thorn, but in the Supporters sides.

the lack of Equality is unpalatable to supporters... at a time when they are meant to pay they're cash & put up with whats dished up to them, from the heads of the competition, the AFL Commisssion.

Edited November 2, 2014 by dee-luded