This is the first time I've had a chance to sit down and digest this thread. I think
FB is absolutely spot on in his comments about the direction that F1 has gone and needs to go. The elephant in the room however, remains the way that F1 finances the teams and itself as a business.
Ecclestone came to F1 in order to grant more power to the teams. To use collective bargaining to ensure fairness for all. Prior to Ecclestone teams were paid on an ad-hoc basis depending on how popular they were, how many stars they had in their cars, which country they were in, how badly they wanted a team to race at their track and any other number of reasons. Ecclestone swept that away and got proper contracts for teams. In return he ensured full grids.
Now we find ourselves in a situation where he has taken everything back 40 years only he controls the purse strings. A little more for you because you have been around since 1950, a little more for your because of your racing history some more in your pay packet because I like the colour blue and Christian is a very very nice boy.
The fact that the sport is now in the hands of a private finance company is not going to change. There is no way they are going to give up on their prize (fund) and a regular pay day. So we have to accept the fact that a percentage of the money that goes into F1 will go right back out of it without touching the sides.
What's left however, must be shared properly among the teams. The teams must lose their say in the way things are run. It should not be a key few who sit at the top table and have the ear of the king. Ideally it should be none of them but failing that, all of them should have a say. The money should be distributed much in the same way that it is for Premiership football. F1 is a closed shop, it's not like teams are gong to drop a division at the end of the season. To that end they must all receive an equal percentage of the money that goes into the sport. They all contribute to it so they should all get something out of it. Then a second fund can be awarded based on finsihing positions all the way down to last place. The top 10 getting paid was fine when there were around 30 cars and 15 or 16 teams fighting it out. Now it's totally redundant. Get rid of it and transport all of the teams kit. There should be no 'favours for the few' deals where teams get mythical payments for spurious reasons.
As I have posted (from the Motorsport article) on a number of occasions, if a team has half a billion to spend they will spend it. IF they can only find 350 million to spend on the team they'll build a new factory just for the sake of it. Big teams will always spend money. I like the idea of resource retriction but policing it would be another matter. By giving teams an equal cut of the pot at least the smaller guys would have some money to do something with.
There are sensible areas where you could restrict resources. Limit the gross weight of equiment that teams may bring to a track (trucks and all), limit the number of mechanics that they can have on race day. I would paint a box around the pit box and only allow 6 mechanics within it to work on the car. 4 wheel men, front and rear jack men. That would be it. It would slow down pit stops, require teams to think about the gains and losses to be made from stopping and throw a little uncertaintly back in the mix (of course these changes would have to be brought in in line with FB's no tyre restriction proposals).
As for the tracks, they must be given competative deals to run races. It's beyond wrong that the sport has reached the point where in some countries only governments can afford to host a race. With so much of the revenue going directly to CVC it's impossible for tracks to make any money other than throwing more of it on to ticket sales. Again, we are talking about changes that can't / won't be made by Ecclestone or CVC as they will cost them money.
The FIA are supposed to be the guardians of the sport. How much have we heard from Todt in the last 18 months? His lack of action is not helping. It's like the Captain of the Titanic saying 'Steady as she goes Mr Ecclestone, I'll be in my cabin if you need me". Wake up Jean the ship has already hit the iceberg, she's got a huge hole below the waterline and you've missed Kate Winslett's boobs (oops sorry, wandered off for a second).
Thanks to the fact it would seem that everyone is locked into this current set up (both technical and financial) until 2020 there seems to be no saving it.
Eccleston has to go. Someone with a more modern view of business has to come in and take over. He or she has to be firm, take the teams to task and put the house back in order otherwise CVC won't have a sport worth talking about.