BMW Threaten to Quit F1 Over Budget Cap

BMW are the second manufacturer to issue a quit threat in Formula 1 these days, following FIA's new confirmed rules for 2010. After the international body set the benchmark for a potential two-class formula in future years – due to the voluntary 40M (pounds sterling) budget cap imposed to the teams – the German car maker admitted they no longer find the competition attractive.

A two-class formula one is not attractive to BMW,” confirmed BMW motorsport director Mario Theissen during a media event in Munich, as reported by GMM news agency.

The World Motor Sport Council decided, last week, that teams may apply for the aforementioned budget cap from as early as this summer, receiving in turn some technical freedom for the upcoming season. The other outfits – works' teams, basically – who'll want to spend more on their 2010 operations, will have to face several restrictions in terms of technological development.

Ferrari have also expressed their disagreement with the new rules, as CEO Luca di Montezemolo revealed his company will revise their position within the sport. Other car manufacturers might follow the example set by those two, which will make for some long and interesting FOTA (Formula One Teams Association) meeting in London, later today.

The teams' body is expected to issue an official and common response on FIA's new rule book for 2010, among other things. FOTA is also set to discuss the issue concerning the financial revenues entitled (or not) to Brawn GP for the 2009 season.

Expressing his public opinion on the controversial measure, F1 boss Bernie Ecclestone admitted he'll be more inclined to adopt a two or three year process of budget capping in order to give the teams the chance to adapt to the situation, rather than impose a strict spending limit from as early as next year.

In one go you cannot just evaporate by a factor of three. A moving path, for example over two or three years, would be possible,” said the 78-year old Englishman, according to the German press.
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