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**Fruriourl** · 03-03-2009, 03:56 PM

So what happens in the case of SpA Ferrari? They do not make a distinction between the books of the F1 team and the road going division, with good reason - there aren't any. People employed by Ferrari are employed by... Ferrari.

They are NOT a manufacturer but a race team that happens to sell motor cars. I would wager that it would impossible to separate costs out of the group. How do you pro rata electricity, wages, and council rates?
Accounting is to a degree a legal fiction and if the FIA sets a cap, then you'll merely see several set of accounts that all arrive at the same outcome.

"The idea that each team should have the same amount of money, so that success is simply a function of intellectual ability, has great appeal," said Mosley. "If properly enforced, it would be a very fair system. Indeed one view is that having much more money than a rival team is just as unfair as having a bigger engine."
- Max Mosley

How does this fit in with the fact that TV revenues have been apportioned out on a less than equal basis for 25+ years? Doesn't this mean that the FIA actually brought this about in the first place?
I refer again to the famous racial discrimination case of Pot vs Kettle, which as a result people are allowed to make utterly ironic and hypocritical statements without fear of a tarnished reputation.

I'd be highly suprised if the whole of Ferrari finances come under one name.

Its more than likely that Ferrari will be split up into many different subsidary companies, as per the norm in all normal companies.

Again I stress it is near impossible to enforce, but as I say, I do believe it could work with incredibly harsh fines for being caught and visible sign of FIA searching through accounts.

And the team obviously agreeing to it in the first place.

03-03-2009, 03:56 PM	#11
Fruriourl Join Date Oct 2005 Posts 452 Senior Member	So what happens in the case of SpA Ferrari? They do not make a distinction between the books of the F1 team and the road going division, with good reason - there aren't any. People employed by Ferrari are employed by... Ferrari. They are NOT a manufacturer but a race team that happens to sell motor cars. I would wager that it would impossible to separate costs out of the group. How do you pro rata electricity, wages, and council rates? Accounting is to a degree a legal fiction and if the FIA sets a cap, then you'll merely see several set of accounts that all arrive at the same outcome. "The idea that each team should have the same amount of money, so that success is simply a function of intellectual ability, has great appeal," said Mosley. "If properly enforced, it would be a very fair system. Indeed one view is that having much more money than a rival team is just as unfair as having a bigger engine." - Max Mosley How does this fit in with the fact that TV revenues have been apportioned out on a less than equal basis for 25+ years? Doesn't this mean that the FIA actually brought this about in the first place? I refer again to the famous racial discrimination case of *Pot vs Kettle*, which as a result people are allowed to make utterly ironic and hypocritical statements without fear of a tarnished reputation. I'd be highly suprised if the whole of Ferrari finances come under one name. Its more than likely that Ferrari will be split up into many different subsidary companies, as per the norm in all normal companies. Again I stress it is near impossible to enforce, but as I say, I do believe it could work with incredibly harsh fines for being caught and visible sign of FIA searching through accounts. And the team obviously agreeing to it in the first place.
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