{"id":21747,"date":"2014-04-28T06:55:52","date_gmt":"2014-04-28T10:55:52","guid":{"rendered":"https:\/\/www.racinginfocus.com\/?p=21747"},"modified":"2014-04-28T06:55:52","modified_gmt":"2014-04-28T10:55:52","slug":"european-union-could-investigate-f1-group-report","status":"publish","type":"post","link":"https:\/\/www.racinginfocus.com\/rif\/formula-1\/european-union-could-investigate-f1-group-report\/","title":{"rendered":"European Union could investigate F1 group &#8211; report"},"content":{"rendered":"<p>The European Union is &#8220;monitoring&#8221; the controversial new system of decision-making within formula one, it has emerged.<\/p>\n<p>Earlier this month, we reported that F1&#8217;s four smallest teams &#8211; Marussia, Caterham, Force India and Sauber &#8211; had written a letter complaining about the new and rule-influential Strategy Group.<\/p>\n<p>The Group is made up of the grid&#8217;s powerful &#8216;big five&#8217; teams and, for historic reasons, Williams, who recently vetoed FIA president Jean Todt&#8217;s plans for a 2015 budget cap.<\/p>\n<p>Force India deputy Bob Fernley told the Guardian that the big teams also receive the lion&#8217;s share of the commercial revenue distributed by Bernie Ecclestone.<\/p>\n<p>&#8220;We have a situation where we have enriched and empowered five teams and disenfranchised six,&#8221; he said.<\/p>\n<p>Germany&#8217;s Sport Bild suggested that the letter, described as &#8220;explosive&#8221; by one team insider, made clear the small teams&#8217; belief that the Strategy Group could be contrary to European competition law.<\/p>\n<p>Now, the London newspaper The Times claims that European Union officials, specifically the competition authority, are &#8220;monitoring&#8221; the situation.<\/p>\n<p>&#8220;A full (EU) investigation would throw F1 into turmoil, potentially wrecking agreements and finishing any prospect that the sport could be floated on the Singapore Stock Exchange&#8221;, correspondent Kevin Eason said.<\/p>\n<p>Eason revealed that &#8220;two people close to the sport&#8221; have already been interviewed by European officials, who are &#8220;said to be showing concern&#8221;.<\/p>\n<p>They are reportedly also concerned about the FIA&#8217;s current role, after a previous EU investigation ruled that the governing body not be involved in F1&#8217;s commercial matters.<\/p>\n<p>The Paris-based federation is yet to comment.<\/p>\n<p>&#8220;We simply cannot run a sport like this,&#8221; said Fernley, who will be at a crucial meeting involving Todt and Ecclestone in London on Thursday.<\/p>\n<p><em>\u00a9 RIF | GMM<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Union is &#8220;monitoring&#8221; the controversial new system of decision-making within formula one, it has emerged. Earlier this month, we reported that F1&#8217;s four smallest teams &#8211; Marussia, Caterham, Force India and Sauber &#8211; had written a letter complaining about the new and rule-influential Strategy Group. The Group is made up of the grid&#8217;s &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[3],"tags":[59,3171,5262,4689,5300,5340,284],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/21747"}],"collection":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/comments?post=21747"}],"version-history":[{"count":1,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/21747\/revisions"}],"predecessor-version":[{"id":21748,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/21747\/revisions\/21748"}],"wp:attachment":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media?parent=21747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/categories?post=21747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/tags?post=21747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}