A rumor rated as 'speculation' is one that has no supporting information
A rumor rated as 'strong' is one where we received information from more than one source.
A rumor rated as 'fact' is one that has proven to be true
A rumor rated as 'false' is one that has proven to be false based on new information
These rumors are just that, RUMORS, and are not to be taken as 'fact'
unless so noted. Please visit our Hot News page for news. If you have a rumor, or can supply
more information about one listed here,
e-mail us with as
much supporting information as possible and we may post it. User Agreement and Disclaimer.
Newer rumors supersede older ones of the same topic. Go to our
discuss any rumor.
Montezemolo churns the F1 breakaway rumors again Ferrari President Luca di Montezemolo has stated that a breakaway championship could be possible in the near future, with 2013 being outlined as the main opportunity. The 63-year-old believes there is no obligation for the 12 teams involved in the sport to continue after 2012, the year when the agreement with current owners CVC and commercial rights holder Bernie Ecclestone runs out.
"I think we have to be very pragmatic," the Italian told CNN. "At the end of 2012, the contracts of every single team with CVC will expire. So, we have three alternatives. We renew with CVC, or we theoretically - as the basketball teams did in the U.S. with great success - we create our own company, like the NBA. Just to run the races, the TV rights and so.
"And third, to find a different partner. Bernie Ecclestone did a very good job but he has already sold out three times, so he doesn't own the business anymore. It is CVC that will sell. It will be the teams' decisions.
"At the end of 2012, the contract will expire, so theoretically CVC doesn't own anything. I think it is important to have alternatives. We will see. We have time to do it."
Copyright 1999-2016 | AutoRacing1 is an
independent internet online publication and is not affiliated with, sponsored by, or endorsed
by IndyCar, NASCAR, FIA, Sprint, or any other series sponsor.
This material may not be published, broadcast, or redistributed without