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F1 2018

Well that hasn't helped the Hulk's chances of keeping his seat at Haas for next season, that's a stupid mistake to make at the first corner
 
Has he not signed a new contract.. hulk i mean

Renault's press release that Ricardo will partner him next year seemed to hint at that

:hmm:
 
Has he not signed a new contract.. hulk i mean

Renault's press release that Ricardo will partner him next year seemed to hint at that

:hmm:
Renault have an option on him but I don't think they have announced they have taken it up yet, a hint in F1 is just that, a hint. I can't see anyone in the picture but with F1 nothing is sure until contracts are signed, as Danny Ric's move shows :)

If Ocon was available I'm sure they'd take him but he is well embedded with Mercedes, I'm sure they'd lend him out to Renault to keep him in F1 but I think that is a very long shot.
 
Just chatting with a friend here, we seem to remember Force India talking earlier in the season saying they have an option for Ocon for 2019 when there was talk of him moving to Renault. I'm sure Renault would love to sign him, but he is a Mercedes contracted driver so they would have to give the OK. I'm sure Mercedes would rather place him in a Renault than a Williams.
 
I think Mercedes will be happy with the result here and also if Hamilton get 2nd next weekend at Monza, both tracks that favor Ferrari's current power-unit
 
Good to see the Hulk accepting full responsibility but I guess the stewards would have all the info from the computers. He is experienced enough to fully understand how much down-force he would have lost behind so many cars.

Caused a few million quids worth of damage by trying to be a first-lap hero. A few points or another 1 race ban for him I think, he has a history at Spa
 
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German GP back on 2019 calendar
Reports in German newspaper Frankfurter Allgemeine Zeitung are claiming that a deal has been done between FOM and Hockenheim to hold the German GP there in 2019. I guess that's because Miami will not be going ahead, FOM didn't want to drop the German race reducing the size of the calendar. The report claims "a deal has now been done, with Chase Carey agreeing to a lower race fee to be paid by Hockenheim promoters. The new contract should be signed in September".

Force India deal not closed yet
While everyone at Spa was claiming the deal between FOM and Racing Point Force India was sorted out, it seems that Haas could throw a spanner in the works. As you all know the prize money in F1 is an extremely complicated process and new teams don't get money in the first 2 years. It seems the deal done between FOM and Racing Point will allow the "new" team to receive the old Force India prize money, meaning they will be paid from the end of this season.

It was thought that William's F1 could block the deal because it is loosing millions because Martini are leaving, they are last in this years championship and also Stroll Sr. could be taking his son from the team costing then around another $20million, but it is believed that Stroll Sr. is going to continue funding Williams even if his son leaves.

Forbes are reporting that Mercedes would step in to cover Racing Point's shortfall and in return want the team to take a similar roll that Haas has taken with Ferrari (B team status), but this would cause controversy as the other smaller teams have already said they would oppose any such deal.

The last team to join the F1 grid was Haas, who joined back in 2016 and only now are expected to receive prize money for their last two seasons. They claim that if they had been treated the same as Racing Point they should get $67.3m over those two years they has been racing. Should the teams refuse to allow Racing Point to get the money it will lose a key revenue stream, on the other hand, if it does get it then Haas will argue that it too should be paid for the past two years, a move, which if successful would boost F1's costs by $67.3m.

Haas team boss Gunther Steiner said "There are a lot of open questions which need to be answered before I would consider it to be closed or sorted, we have a contract where it is written what is possible or not, and in due course they will explain how they will sort it and how it will work going forward. We just want a little bit of time to understand what exactly is happening, everything happened so quick, it was like boom, boom, boom! And all of a sudden let's get them [racing Point] to the grid at Spa. We have no problem with that, but let's figure out the legal stuff. We are not in a hurry".

While this windfall would be good news for Haas, it wouldn't go down so well with F1 shareholders, what with revenue having reversed last year by $12m to $1.8bn leaving it with a $37m operating loss compared to a $47 million profit in 2016.

Why was Hulkenberg treated differently to Grosjean
Hulkenberg has been given a 10-place grid penalty in Monza and three points on his license, but for an extremely similar offense Grosjean was given a 1 rave ban back in 2012, so why the difference?

Race Direct Charlie Whiting explains "I think they looked back at the similar type of accident that was caused with Romain in 2012, if I remember. The accident was in fact what gave rise to the penalty points system. I think it was clearly Nico's fault, he said he was completely to blame for it, and he took three, arguably four cars out, or destroyed their races. I think that came into it. I think the points are exactly right, and I think the 10-place grid penalty is pretty much what he expected, he didn't say too much after it apparently. When you go back to the Grosjean accident and the accidents that preceded it, the whole idea of the penalty points system was to try and say, I think Grosjean had four different incidents before that one, the idea was that if he'd had those accidents, and each had attracted three points, then we would be quite justified to ban him for a race. So that was the way that it was made 12 points, so in the future if that sort of thing happened, that would be the result".

Also Bottas received a five-second penalty and two points for rear ending Sergey Sirotkin on the first lap at La Source, which was the same penalty Sirotkin earned when he hit Sergio Perez in Azerbaijan.

Daniel Ricciardo will face a grid penalty at Monza

Christian Horner has confirmed a new power unit would be fitted to Daniel Ricciardo's car for next weekends race at Monza. Ricciardo has used three of each power unit component already this year and had to take a grid drop at the German Grand Prix when Red Bull fitted the third MGU-K, battery and control electronics on his car. A new power unit in Italy will see him take an additional grid drop, most likely to the very back of the grid, while teammate Max Verstappen will be able to take new components without suffering a penalty.

The engine changes have been planned for Monza in the hope both Red Bull drivers can avoid a penalty when they arrive at the next round in Singapore, where Red Bull is hoping to be more competitive. Team principal Christian Horner said "We will be trying to get ourselves on the best footing [for Singapore] really, Daniel is going to be taking an engine penalty for sure next weekend. Max will be taking his third unit as well there, hopefully without penalty. So we're going to try and get ourselves into the best situation we can going to Singapore, which is probably our next chance of being able to give Ferrari and Mercedes a harder time".
 
Racing point Force India's troubles keep building
There now seems to be a few problems with the deal and the timing of the deal. First, it appears that some teams who are said to have signed the "waivers" that allowed Racing Point not only to race at Spa but also keep the old Force India's prize money did so during the Hungarian Grand Prix.

This raises a number of issues, it would mean that the administrators and/or FOM had already decided that the Stroll consortium was the preferred buyer and also that the old Force India team was being sold as a going concern, which turned out not to be the case. The Hungarian Grand Prix was way back on the 29th July, but the administrators FRP had set a deadline of midday on 17 August by which time interested parties had to register their bids.

It is now being reported that Lawrence Stroll was seen scuttling about in company with F1 CEO Chase Carey at the Hungarian Grand Prix, soliciting permission for Force India to remain in the championship and also that the new buyers would keep their prize money, also at this time is was believed that the new owners would buy Force India as a going concern. In the end they only brought the assets and not the company that owned the rights to race in F1, as is clear now.

It appears that all teams bar McLaren, Renault and Williams agreed to a waiver as documented during the Hungarian Grand Prix, but that information now turns out to have been incorrect. They didn't buy the company as a going concern, which the waver claimed and are now considered a new entrant, which is also different to the information on the original waver. McLaren, Renault and Williams subsequently clarified that they did not refuse outright, but had instead sought certain clarifications before appending their signatures to the document. The clarifications they sought are believed to relate to the new teams operational relationship with Mercedes, they didn't want Racing Point turning into a Mercedes B team, such as Toro Rosso’s relationship with Red Bull and Ferrari's relationship with both Haas and sauber.

So the information in the waver that the teams signed changed, the crucial issue is that at the time Stroll and Co sought the waivers for the take-over of a going concern, i.e. a company continuing as-is. So only the names of directors and shareholders are changed in registers with all other operational details remaining the same, also all debts settled by the administrator out of sale proceeds. Thus the team would continue to race under the Sahara Force India license, personnel would remain the same, and all contracts would be honored going forward. So the only real change would in fact be that Vijay Mallya would no longer be team principal, with the new owners taking the place of the out-going group. That is the deal the others teams signed up for, or so they thought.

Having singed the deal it turned out that the Stroll consortium couldn't buy the team as a "going concern", its claimed that proved to complex due to delays on the part of the 13 Indian banks who held orders over Force India Formula One Ltd (the holding company that held the rights for the team to race) and Diageo the owners of Jonnie Walker, who also hold a lien over Force India Formula One Ltd.

So Plan B was hatched (which bore no relation to the waver some teams had signed back at the Hungarian Grand Prix) in this plan Stroll and Co would acquire the assets to the team in the name of a shelf company, but not title to the holding company. The new company, Racing Point, would then need to apply to the FIA for an entrant license, crucially as a new team. A good analogy would be that the Stroll consortium brought a computer with the Windows 10 operating system but didn't buy the license to run the operating system, they needed to pay Microsoft extra for that, thus Racing Point needed to pay the FIA for a license to race.

So what is the legal status of the waver signed by the 6 teams (excluding McLaren, Renault and Williams) at the Hungarian Grand Prix, they signed believing the new team was a going concern, yet here we are today with Racing Point being a new entrant. This brings us back to the point I made in a post above regarding Haas, would they have signed knowing that Racing Point would be a new entrant, it seems from what Gene Haas is now saying they wouldn't have signed.

Herein lies the grounds for a possible legal challenge, the six signatures obtained in Hungary specifically referenced to the team as a "going concern". To add further spice, a number of sources are adamant that some clauses were retrospectively amended as the revised circumstances arose, yet not all signatories were advised accordingly. So what they thought they’d signed for is possibly not what is now reflected in the waver. Then last Friday (just before the Spa race weekend) Formula One Management’s legal department allegedly circulated yet another document to all teams, requesting that they attest to not having been placed under duress or coerced into signing whatever waivers they signed in the first place. Curious? This may explain Otmar Szafnauer (the new team boss) intriguing choice of words when asked in the Friday FIA press conference whether Racing Point faced any consequences due to the situation, he said “The remaining nine teams have signed, so to speak, a document that enables us to keep the money that Sahara Force India had earned in years past”. Why use the words "so to speak", did he know at the time that some of the teams had signed different documents to others?

Also the fact that Stroll was seen in company of F1 CEO Chase Carey going around the different teams back in Hungary will also add weight to the claims by Uralkali, linked to unsuccessful bid lead by billionaire bidder Dmitry Mazepin, that FRP Advisory didn't act with-in the letter of the law and have failed to provide satisfactory answers to their questions around the bid. Uralkali have said that unless satisfactory explanations are forthcoming by 10 a.m. British Summer Time on 10 September 2018, court proceedings will be brought against FRP Advisory LLP.

The irony is there wasn't any need for things to be rushed in this deal. as the bilateral agreements between teams and FOM permit teams to “fail to participate in more than three (3) events in the same FIA F1 Championship before they shall be considered to have withdrawn from the championship”. So the stroll consortium could have waited until after the Belgium, Italy and Singapore races to get the agreements from the 13 Indian banks and Diageo to have continued as a going concern, had they done that, they would have had 9 weeks to sort things out and not be in the mess they are now.

Had Stroll, the FIA and FOM not rushed, I'm sure they would have sorted out a better deal without the uncertainty everyone finds themselves in now. Could it be that they rushed because they wanted Stroll and no-one else, I guess we will find out if this ends up in Court. one thing is for sure FOM are going to have to pay in the end as some teams will want cash to settle this debacle, that is the way in the world of F1.

I really wanted to use the phrase jiggery-pokery in the above text, I haven't used it or heard it in over 40 years, but an English friend staying with us at the moment reminded me of it this morning :) What a great phrase but doesn't translate well LOL
 
Haas confirms it hasn't signed the Racing Point waver
After everyone being told last weekend that all 9 teams have signed the waver for Racing Point to receive the old Force India teams prize money, we learn today that Haas have in fact not signed any document that clearly stated Racing Point were to be a new entrant, it begs the question who else hasn't signed. It seems that the piece above could be correct and that teams have now discovered that they may have signed different documents and also signed before all the facts were known i.e. that Racing Point would become a new entrant and was not brought as a going concern.

Haas team principal Guenther Steiner has admitted that Haas has not signed the proposal to allow Racing Point Force India to inherit the money earned by the now dilapidated Sahara Force India team. It appears that Haas did sign a document during the Hungarian Grand Prix weekend, but only signed because they were told Racing Point had brought the team as a going concern and not a new entrant.

When the team principal of the Haas Formula One Team Guenther Steiner was asked why he signed, while his team had to wait 2 years before receiving prize money, his reply was "Column 1 payments are distributed evenly among all manufacturers, however a team must finish inside the top 10 in two out of three consecutive seasons to receive it. Haas has taken objection to the new Force India team receiving the money, as it is effectively a brand new outfit. With the new license, we didn’t sign for that, we still need to understand why it should be different. Not signing doesn’t mean that you are right. What you need to understand is with the new license, why would there be a reason not to be treated like a new license? That is what we need to understand. We cannot explain it to ourselves, somebody has to explain it to us, and that hasn’t happened yet”.

Sebastian Vettel crashes his F1 car in Milan
During a publicity event in Milan Vettel hit the barriers in his 2018 F1 car. Vettel said "I apologized, I went with the car and the steering wheel of Kimi, who had the clutch on the other side. I didn't think about it, and at that point I was too fast. I asked if it would be possible to change the wing to do two more laps for the fans. Obviously it was my mistake, but that's OK" :oops::oops::oops::facepalm::facepalm::facepalm:

Crash is at 4.40 if you don't want to watch it all
 
2019 draft calendar
The F1 season will finish in December for the first time in decades, with the Abu Dhabi Grand Prix running from November 29 to December 1. The season begins a week or so earlier than this year, starting in Melbourne on March 17. The total number of races is again 21, matching the record in 2016 and 2018. The Chinese round will be the thousandth world championship grand prix. Mercedes-Benz have been confirmed as the title sponsor for the 2019 German Grand Prix at Hockenheim. Toto Wolff, Mercedes's F1 team principal said: "This year’s Grand Prix in Hockenheim was a demonstration of the enthusiasm that Formula 1 generates in Germany. It was therefore important for us to do everything in our power to ensure that our home race will take place again next year".

2019 F1 draft calendar
March 17 - Australia, Melbourne
March 31 - Bahrain, Sakhir
April 14 - China, Shanghai
April 28 - Azerbaijan, Baku
May 12 - Spain, Barcelona
May 26 - Monaco, Monaco
June 9 - Canada, Montreal
June 23 - France, Le Castellet
June 30 - Austria, Spielberg
July 14 - Great Britain, Silverstone
July 28 - Germany, Hockenheim
August 4 - Hungary, Budapest
September 1 - Belgium, Spa
September 8 - Italy, Monza
September 22 - Singapore, Singapore
September 29 - Russia, Sochi
October 13 - Japan, Suzuka
October 27 - Mexico, Mexico City
November 3 - USA, Austin
November 17 - Brazil, Sao Paolo
December 1 - Abu Dhabi, Yas Marina

Marcus Ericsson lucky to escape unhurt from massive crash in FP2

Under braking for Turn 1 at the end of the main straight, Ericsson's Sauber speared into the barrier on the left-hand side of the circuit before his car entered a series of rolls, flipping over at least three times before coming to rest.


Grid penalty's so far
While Ricciardo always expected a grid penalty as Red Bull tries the latest spec unit which is understood to be more powerful than its predecessor but less reliable, the option to give Hulkenberg a new unit follows the grid penalty already imposed for his part in last week's incident on the first lap at Spa. I suspect Ericsson is also likely to get a penalty, as his power-unit/gearbox is likely to have suffered some damage in the accident he had in FP2
 
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