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12 teams sign new Concorde Agreement
Saturday, 01 August 2009

 Concorde Agreement 

01/08/2009 

Following approval by the World Motor Sport Council, late last night FIA President Max Mosley signed the 2009 Concorde Agreement, heralding a renewed period of stability for the FIA Formula One World Championship.

 

The Concorde Agreement – a contract between the FIA, F1’s Commercial Rights-Holder and the participating Teams – sets out the basis on which the Teams participate in the Championship and share in its commercial success.

 

The WMSC has also approved a slightly revised set of stable Sporting and Technical Regulations (to apply from the 2010 Championship onwards), which have been agreed by the FIA and the Teams and which will be published shortly on the FIA's website. 

 

The new Concorde Agreement, which runs until 31 December 2012, provides for a continuation of the procedures in the 1998 Concorde Agreement, with decisions taken by working groups and commissions, upon which all teams have voting rights, before going to the WMSC for ratification.

 

In addition, as agreed in Paris on 24 June 2009, the Teams have entered into a resource restriction agreement, which aims to return expenditure to the levels that prevailed in the early 1990s.

 

With the 2009 Concorde Agreement and the resource restriction agreement in place, the FIA looks forward to a period of stability and prosperity in the FIA Formula One World Championship.

 

Last Updated ( Sunday, 11 October 2009 )
 
Felipe Massa Update - First Steps!
Wednesday, 29 July 2009
Ferrari Press Release
Budapest, 29 July 2009 – More good news from the AEK in Budapest, where Felipe Massa has been recovering since last Saturday. The driver has had more exams carried out, confirming his continuing improvement. Felipe speaks, can sit upright and was even able to take his first steps. Today he will leave intensive care. From the clinical and radiological point of view everything is going extremely well.
Image

Felipe will stay at the AEK hospital for the next view days, until he can be taken somewhere else.

In the afternoon Ferrari Chairman Luca di Montezemolo will come back to Budapest, when he will greet Felipe personally also on behalf of the whole Company and the fans who continue sending best wishes via www.ferrari.com.

 

Last Updated ( Sunday, 11 October 2009 )
 
BMW QUITS FORMULA 1
Wednesday, 29 July 2009
"The BMW Group will not continue its Formula One campaign after the end of the 2009 season," the Munich carmaker stated.
Full Press Release
Last Updated ( Sunday, 11 October 2009 )
 
SCHUMACHER IS BACK!
Wednesday, 29 July 2009

Ferrari 

intends to put 

Michael Schumacher in 

Felipe Massa's car !

Image

Maranello, 29 July 2009 - Scuderia Ferrari Marlboro intends to put Michael Schumacher in Felipe Massa's car until the Brazilian driver will be able to race again. 

Michael Schumacher said he is ready and, over the next few days, will undertake a specific training programme at the end of which confirmation will be given of his participation in the Championship with effect from the European Grand Prix on the 23rd of August.

Michael's Statement:

"The most important thing first: thanks God, all news concerning Felipe are positive. I wish him all the best again.

I was meeting this afternoon with Stefano Domenicali and Luca di Montezemolo and together we decided that I will prepare myself to take the place of Felipe. Though it is true that the chapter Formula 1 has been closed for me since long and completely, it is also true that for loyalty reasons to the team I cannot ignore that unfortunate situation. But as the competitor I am I also very much look forward to facing this challenge."

On a personal note...WOOOOOOHOOOO!

Michael Schumacher
Formula One World Championship Career
Active years 1991–2006, 2009  
Teams Jordan, Benetton, Ferrari
Races 250 (248 starts)
Championships 7 (1994, 1995, 2000, 2001, 2002, 2003, 2004)
Wins 91
Podiums 154
Career points 1,369
Pole positions 68
Fastest laps 76
First race 1991 Belgian Grand Prix
First win 1992 Belgian Grand Prix
Last win 2006 Chinese Grand Prix
Last race 2006 Brazilian Grand Prix
Last Updated ( Sunday, 11 October 2009 )
 
Who will drive for Ferrari?
Tuesday, 28 July 2009
With the good news about Felipe's recovery, speculation is at fever pitch about who will replace Felipe for the rest of this season.

Michael Schumacher - BBC is reporting the MS has not ruled out a return.  This comes a day after Ferrari top brass said it would not rule out a return of MS. 

Fernando Alonso - In four weeks there is a race in Spain, and with Renault serving a one race suspension for not informing their driver that his wheel was not secured properly during an in race pitstop, Fernando is left without a ride.  Ticket sales are already slow, and organizers are fearful about the result of having the most popular man in Spain not involved.  Now here is the rub, Fernando's contract with Renault says that he must get a car to drive in every race of 2009.  Fernando is also rumored to be signed with Ferrari for next year.  It would be quite a spectacle to see Fernando in the Red Cars at his home race...hmmm

Ferrari Test Drivers - No one is mentioning them, but there is currently 2 test drivers in Maranello.

Last Updated ( Sunday, 11 October 2009 )
 
Massa Improving Quickly!
Tuesday, 28 July 2009
Budapest, 28 July 2009 - More good news as far as the condition of Felipe Massa, recovering at Budapest's AEK hospital since 25 July after the accident during the Hungarian GP's qualifying, is concerned.

"His condition is improving quickly and constantly. He is more and more awake and reactive," Dino Altman, his personal doctor, said. "He spoke to several people today, using three different languages, replying always in a coherent way. He's also progressing with his physiotherapy very well. He opened his left eye and confirmed that he can see with it. As far as the near future is concerned we have to be cautious, but I have to say that also today there are very positive signs."

This morning Stefano Domenicali came back to Budapest. "It's good to have comforting news. I spoke to Felipe and it was very emotional for me: he recognised me and I brought him a message from everybody at Ferrari and from the fans all over the world. I told him that his red car will wait for him until he's ready to race again. Now we've got to take it step by step and remain cautious, but it's really incredible to see all of this progress only three days after the accident."

Many messages wishing him well arrived at Felipe and his family over the last hours and several friends came to Budapest to see him. Today Jean Todt and Michelle Yeoh,who met and spoke to the Brazilian driver, arrived in the Hungarian capital.
Last Updated ( Sunday, 11 October 2009 )
 
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