F1 2020
- Thread starter 1%er
- Start date
Limejuice
Well-Known Member
I think All-Bran is out. Sad, cos he's a nice lad, but RB have given him all the time he needed.
1%er
Well-Known Member
If this race went on for 2 hours Lewis would lap the field
I think he may get a seat in the second Red Bull team
Indeliblelink
\......👁&👁......./
Well done Lewis, slam dunk weekend, pole, race win, fastest lap, world record
alsoknownas
some bloke
44 GOAT? (genuine question as I don't really follow the sport).
Limejuice
Well-Known Member
Ax^
Silly Rabbit
alsoknownas
some bloke
Sorry, I was posing the question (not trying to parse it). Should have been clearer!
beesonthewhatnow
going deaf for a living
Yes, he is. There’s no argument at all now really.
1%er
Well-Known Member
For sure Lewis is a GOAT and it will be years before anyone beats his record, he has a great car but so does Bottas and Lewis keeps winning. As for the Knighthood I think it will come one day but his Tax status doesn't help, so I think it will be after he retires,Still pondering if he will final get the knighthood this year
if only to piss jackie stewart off
)
Limejuice
Well-Known Member
Buongiorno a tutti!
Another (somewhat truncated) F1 weekend - the Emilia-Romagna GP.
The UK times will be:
Sat 31 Oct
FP1 - 09:00
Qual - 13:00
Sun 1 Nov
Race - 12:10
If I remember rightly, they dropped two practice sessions to allow time for teams to drive their stuff from Portugal to Italy. Is this right?
The teams are probably on the road right now.
Another (somewhat truncated) F1 weekend - the Emilia-Romagna GP.
The UK times will be:
Sat 31 Oct
FP1 - 09:00
Qual - 13:00
Sun 1 Nov
Race - 12:10
If I remember rightly, they dropped two practice sessions to allow time for teams to drive their stuff from Portugal to Italy. Is this right?
The teams are probably on the road right now.
MrCurry
right after this urgent rest
Dieter Rencken is known for being one of the most outspoken journalists in F1, but even by his standards this is strong stuff.
He‘s sharpened his pen and stuck it into the Strolls...
Comment: Racing Point's handling of Stroll's Covid-19 test deserved a tougher response · RaceFans
Racing Point, increasingly F1's most controversial team, deserved a tougher response from the FIA over its handling of Lance Stroll's Covid-19 test.
www.racefans.net
He‘s sharpened his pen and stuck it into the Strolls...
MrCurry
right after this urgent rest
Now confirmed. So I guess all attention will now be on the question of who sits next to Verstappen next year. I really can’t see it being Albon, as he seems to have entered a downwards spiral. Red Bull seem to do a great job of breaking young drivers’ mojo!
My money is still on Hulkenberg, but what do I know! Either him or Perez would be a very safe pair of hands. Would be great if they pick a complete surprise candidate no one is talking about.
1%er
Well-Known Member
2021 Driver market what we know today
Pierre Gasly staying put at AlphaTauri for next season
Daniel Ricciardo heading from Renault to McLaren next year, where he will be partnering Lando Norris
Carlos Sainz becomes Vettel's successor at Ferrari alongside Charles Leclerc
Fernando Alonso will be back in a Renault alongside Esteban Ocon who signed a two-year deal with Renault, starting this season
Max Verstappen will remain in Red Bull in 2021 after signing a new three-year deal
George Russell is locked down at Williams on a three-year deal that ends in 2021 and is set to remain teammates with Nicholas Latifi despite speculation linking Sergio Perez with his seat (word is that Perez's management started the rumor to put pressure on Red Bull to sign him, Russell has a signed deal with Williams so pushing him out wouldn't be that easy)
Valtteri Bottas has signed for another year, Mercedes will now turn its attentions to agreeing new terms Lewis Hamilton who has indicated he will sign
So the list looks like this (as of today);
Mercedes-AMG Petronas Formula One Team
Valtteri Bottas (end of 2021)
TBA (Lewis Hamilton)
Scuderia Ferrari Mission Winnow
Charles Leclerc (end of 2024)
Carlos Sainz (end of 2022)
Aston Martin Red Bull Racing
Max Verstappen (end of 2023)
TBA
McLaren F1 Team
Daniel Ricciardo (multi-year)
Lando Norris (multi-year)
Renault F1 Team
Esteban Ocon (end of 2021)
Fernando Alonso (at least the end of 2021)
Scuderia AlphaTauri
Pierre Gasly (end of 2021)
TBA
SportPesa Racing Point F1 Team / Aston Martin F1 Team
Sebastian Vettel (multi year)
Lance Stroll (multi year)
Alfa Romeo Racing Orlen
TBA (Kimi has the seat if he wants it)
TBA
Haas F1 Team
TBA
TBA
ROKiT Williams Racing
George Russell (end of 2021)
Nicholas Latifi (end of 2021)
Mercedes-Benz is taking a big stake in Aston Martin
The carmakers have confirmed in statements that Mercedes-Benz will increase its stake in Aston Martin over the next three years from 2.6% to as much as 20%.
In exchange for the new shares, Aston Martin will get access to Mercedes-Benz technologies and components including next generation hybrid and electric powertrains. Aston Martin, the favorite ride of fictional British secret service agent James Bond, was in rough shape even before the coronavirus pandemic slammed the auto industry.
The company battled weak demand for some of its models and a global auto slowdown before Formula 1 billionaire Lawrence Stroll drove to its rescue in January. The Canadian billionaire led a group that paid £182 million ($236 million) for 16.7% of the company. Aston Martin then raised an additional £318 million ($412 million) through the issue of new shares. In May, the company replaced CEO Andy Palmer with Tobias Moers, who had been with Mercedes-AMG since 1994.
Investors remain unconvinced about the turnaround effort. Shares in the firm have collapsed since they were listed in October 2018, a stinging indictment of a carmaker that once sought a valuation on a par with Ferrari (RACE). Aston Martin said on Tuesday that it suffered an operating loss of £229 million ($297 million) in the first nine months of the year. The stock has lost two-thirds of its value so far in 2020. Moers said that the partnership with Mercedes-Benz will be crucial going forward. The German brand's technology "will be fundamental to ensure our future products remain competitive and will allow us to invest efficiently," he said in a statement.
For Mercedes-Benz, which is owned by Daimler (DDAIF), the deal is a chance to burnish its luxury credentials at a modest price. It said the tech transfer is worth £286 million ($371 million).
From 2023 drivers salaries capped to $30 million combined
Although the numbers have not been finalised, the provisional plan is to restrict driver salaries to $30m for the two drivers combined. There are also plans to put a cap on the combined salaries of the top three employees, which for most teams typically includes the team principal and technical director. The move is part of an effort to put a further lid on spending as the sport faces an uncertain financial future in the wake of the COVID-19 crisis, with income streams likely to be impacted for years to come. A $145m budget cap is being introduced next year, but driver salaries and those of the top three employees are amongst the exclusions. However, teams have now accepted that there should be some restrictions.
The plan was discussed and voted upon at Monday’s meeting of the F1 Commission, where it was backed by all the team bosses. Details will have to be agreed before it is ratified by the World Motor Sport Council. It's understood that any contracts for 2023 and beyond agreed before the new rules are formally confirmed will have to be honoured, due to the complexities of employment law, which means that there is now a window in which longer-term deals can be agreed.
Mercedes has yet to confirm a new contract for Lewis Hamilton, who as the best paid driver on the current grid is likely to be most affected. There will also be a direct link between the salary cap and the budget cap. Teams can break the former and spend more than the proposed $30m on drivers, but the difference will then be deducted from the budget cap. However, an “underspend” on drivers won’t lead to any extra credit for the budget cap. Drivers will be able to top up their earnings with personal sponsorship, but sources suggest that how that might work has not been finalised.
In July Mercedes boss Toto Wolff suggested that a cap should be introduced for 2024 a year later than the current plan while acknowledging that there was a risk that “superstar” drivers would be alienated. “The salary cap is something that we have supported,” he said. “I believe similar to the leagues in the US, if you cap the team at $145m with a downward slope, you need at a certain stage to also cap high salaries. We have said we don’t want to lose the superstars out of this sport, so it needs to be a gradual introduction from 2024 onwards so that the future generations of drivers end up on a more sensible level, in considering that we have a cost cap on the team. This is still my opinion. I think it would be good for the sport. They need to be inspirational, the drivers, and as you can see in the US, the top football players and the top basketball players are still very inspirational. I think high salaries are what they deserve, because they are global superstars and they are the best of their league. I think it should not end up in a ratio, salary of an individual compared to the team cap, that over certain time is going to create controversy that is not needed.”
Happy Birthday Bernie 90 today
Bernie Ecclestone turns a ripe 90-years-young today, but with each passing year, F1's former supremo doesn't grow old, he just becomes a classic. More than anything else, more than the wheeling and dealing, it's always been about the engines ringing in his ears. From the Brabham days as a team owner to the modern days as the guardian of the sport, the underlying theme that has always made Mr. 'E' tick is passion. Once a racer, always a racer. Despite the unsettling current state of the world, it's been something of a banner year for Bernie and wife Fabiana who welcomed their son Ace into the world last summer. The new arrival was the billionaire's first son, joining daughters Tamara, Petra and Deborah from Ecclestone's previous marriages.
Pierre Gasly staying put at AlphaTauri for next season
Daniel Ricciardo heading from Renault to McLaren next year, where he will be partnering Lando Norris
Carlos Sainz becomes Vettel's successor at Ferrari alongside Charles Leclerc
Fernando Alonso will be back in a Renault alongside Esteban Ocon who signed a two-year deal with Renault, starting this season
Max Verstappen will remain in Red Bull in 2021 after signing a new three-year deal
George Russell is locked down at Williams on a three-year deal that ends in 2021 and is set to remain teammates with Nicholas Latifi despite speculation linking Sergio Perez with his seat (word is that Perez's management started the rumor to put pressure on Red Bull to sign him, Russell has a signed deal with Williams so pushing him out wouldn't be that easy)
Valtteri Bottas has signed for another year, Mercedes will now turn its attentions to agreeing new terms Lewis Hamilton who has indicated he will sign
So the list looks like this (as of today);
Mercedes-AMG Petronas Formula One Team
Valtteri Bottas (end of 2021)
TBA (Lewis Hamilton)
Scuderia Ferrari Mission Winnow
Charles Leclerc (end of 2024)
Carlos Sainz (end of 2022)
Aston Martin Red Bull Racing
Max Verstappen (end of 2023)
TBA
McLaren F1 Team
Daniel Ricciardo (multi-year)
Lando Norris (multi-year)
Renault F1 Team
Esteban Ocon (end of 2021)
Fernando Alonso (at least the end of 2021)
Scuderia AlphaTauri
Pierre Gasly (end of 2021)
TBA
SportPesa Racing Point F1 Team / Aston Martin F1 Team
Sebastian Vettel (multi year)
Lance Stroll (multi year)
Alfa Romeo Racing Orlen
TBA (Kimi has the seat if he wants it)
TBA
Haas F1 Team
TBA
TBA
ROKiT Williams Racing
George Russell (end of 2021)
Nicholas Latifi (end of 2021)
Mercedes-Benz is taking a big stake in Aston Martin
The carmakers have confirmed in statements that Mercedes-Benz will increase its stake in Aston Martin over the next three years from 2.6% to as much as 20%.
In exchange for the new shares, Aston Martin will get access to Mercedes-Benz technologies and components including next generation hybrid and electric powertrains. Aston Martin, the favorite ride of fictional British secret service agent James Bond, was in rough shape even before the coronavirus pandemic slammed the auto industry.
The company battled weak demand for some of its models and a global auto slowdown before Formula 1 billionaire Lawrence Stroll drove to its rescue in January. The Canadian billionaire led a group that paid £182 million ($236 million) for 16.7% of the company. Aston Martin then raised an additional £318 million ($412 million) through the issue of new shares. In May, the company replaced CEO Andy Palmer with Tobias Moers, who had been with Mercedes-AMG since 1994.
Investors remain unconvinced about the turnaround effort. Shares in the firm have collapsed since they were listed in October 2018, a stinging indictment of a carmaker that once sought a valuation on a par with Ferrari (RACE). Aston Martin said on Tuesday that it suffered an operating loss of £229 million ($297 million) in the first nine months of the year. The stock has lost two-thirds of its value so far in 2020. Moers said that the partnership with Mercedes-Benz will be crucial going forward. The German brand's technology "will be fundamental to ensure our future products remain competitive and will allow us to invest efficiently," he said in a statement.
For Mercedes-Benz, which is owned by Daimler (DDAIF), the deal is a chance to burnish its luxury credentials at a modest price. It said the tech transfer is worth £286 million ($371 million).
From 2023 drivers salaries capped to $30 million combined
Although the numbers have not been finalised, the provisional plan is to restrict driver salaries to $30m for the two drivers combined. There are also plans to put a cap on the combined salaries of the top three employees, which for most teams typically includes the team principal and technical director. The move is part of an effort to put a further lid on spending as the sport faces an uncertain financial future in the wake of the COVID-19 crisis, with income streams likely to be impacted for years to come. A $145m budget cap is being introduced next year, but driver salaries and those of the top three employees are amongst the exclusions. However, teams have now accepted that there should be some restrictions.
The plan was discussed and voted upon at Monday’s meeting of the F1 Commission, where it was backed by all the team bosses. Details will have to be agreed before it is ratified by the World Motor Sport Council. It's understood that any contracts for 2023 and beyond agreed before the new rules are formally confirmed will have to be honoured, due to the complexities of employment law, which means that there is now a window in which longer-term deals can be agreed.
Mercedes has yet to confirm a new contract for Lewis Hamilton, who as the best paid driver on the current grid is likely to be most affected. There will also be a direct link between the salary cap and the budget cap. Teams can break the former and spend more than the proposed $30m on drivers, but the difference will then be deducted from the budget cap. However, an “underspend” on drivers won’t lead to any extra credit for the budget cap. Drivers will be able to top up their earnings with personal sponsorship, but sources suggest that how that might work has not been finalised.
In July Mercedes boss Toto Wolff suggested that a cap should be introduced for 2024 a year later than the current plan while acknowledging that there was a risk that “superstar” drivers would be alienated. “The salary cap is something that we have supported,” he said. “I believe similar to the leagues in the US, if you cap the team at $145m with a downward slope, you need at a certain stage to also cap high salaries. We have said we don’t want to lose the superstars out of this sport, so it needs to be a gradual introduction from 2024 onwards so that the future generations of drivers end up on a more sensible level, in considering that we have a cost cap on the team. This is still my opinion. I think it would be good for the sport. They need to be inspirational, the drivers, and as you can see in the US, the top football players and the top basketball players are still very inspirational. I think high salaries are what they deserve, because they are global superstars and they are the best of their league. I think it should not end up in a ratio, salary of an individual compared to the team cap, that over certain time is going to create controversy that is not needed.”
Happy Birthday Bernie 90 today
Bernie Ecclestone turns a ripe 90-years-young today, but with each passing year, F1's former supremo doesn't grow old, he just becomes a classic. More than anything else, more than the wheeling and dealing, it's always been about the engines ringing in his ears. From the Brabham days as a team owner to the modern days as the guardian of the sport, the underlying theme that has always made Mr. 'E' tick is passion. Once a racer, always a racer. Despite the unsettling current state of the world, it's been something of a banner year for Bernie and wife Fabiana who welcomed their son Ace into the world last summer. The new arrival was the billionaire's first son, joining daughters Tamara, Petra and Deborah from Ecclestone's previous marriages.
