The seven F1 teams have united against the FIA and its settlement with Ferrari over its power unit from 2019 season.
Amid the dramas of COVID-19, F1 faces new problems after seven teams got together to release a statement against the FIA and its settlement with Ferrari over the 2019 power unit case, where the governing body did not release full details of the settlement.
Mercedes, Red Bull Racing, McLaren, Renault, AlphaTauri, Racing Point and Williams sent out their own statements regarding the same topic as they feel that the FIA has not acted in a transparent way in the handling of the situation with Ferrari.
They, in fact, threaten a legal course if the FIA doesn’t comes out clean and alert all the F1 teams about their settlement and findings. It seems like that none of the outfits were taken into confidence before the governing body released its statement.
The timing of the note is peculiar as F1 is on the brink of a fresh Concorde Agreement, which will come into effect from 2021 season. All teams bar Ferrari and its customers Haas and Alfa Romeo Racing have acted jointly in this fight.
The joint statement from the F1 teams stated:
“We, the undersigned teams, were surprised and shocked by the FIA’s statement of Friday 28 February regarding the conclusion of its investigation into the Scuderia Ferrari Formula 1 (F1) Power Unit. An international sporting regulator has the responsibility to act with the highest standards of governance, integrity and transparency.
“After months of investigations that were undertaken by the FIA only following queries raised by other F1 teams, we strongly object to the FIA reaching a confidential settlement agreement with Ferrari to conclude this matter.
“Therefore, we hereby state publicly our shared commitment to pursue full and proper disclosure in this matter, to ensure that our sport treats all competitors fairly and equally. We do so on behalf of the fans, the participants and the stakeholders of Formula One.
“In addition, we reserve our rights to seek legal redress, within the FIA’s due process and before the competent courts.”
McLaren Racing Limited
Mercedes-Benz Grand Prix Limited
Racing Point UK Limited
Red Bull Racing Limited
Renault Sport Racing Limited
Scuderia Alpha Tauri S.p.A.
Williams Grand Prix Engineering Limited
Here’s what FIA said regarding Ferrari F1 PU analysis
More to come
