Bob Barnard Track Engineering

Why is it that the 2012 Ferrari is seen as a dog, especially by the team? While we have had five different winners this year, including Ferrari, Alonso has been there abouts in each race. Now I am a fan of his and feel he can impact the performance of a car more than the average F1 driver, but even he cannot be doing this with a car as bad as everyone makes out. Quickest in first practice in Monaco, and right there in the second without using the super-soft tire that Jenson did. So how bad can this car really be?

On the other side McLaren were seen after the first race to be odds on to win both Chamionships, but look what's happened to them. OK, they have shot themselves in the foot a few times, but that does not tell the story of Button's bad races in China and Spain. So what's real here?

Like Ferrari the Lotus team seem to able to competitive everywhere this year, so perhaps a sixth race winner?

Nice to see the changes to the chicane on the harbor this year, much better.

While the racing goes on the fight to make money from the sport continues unabated. If $1.6bn can be raised by selling shares privately why do CVC, or is it Bernie, feel the need to float it public? A normally very private man when it come to money it is hard to understand why Bernie would want the public scrutiny that comes with a stock exchange listing. Bernie is right though, if Facebook is worth $100 bn then F1 with its returns to investors is a steal at $10 bn. I loved the comment about his replacement, comparing it to trying to find a replacement for Frank Sinatra.

F1 is only worth $10 bn though if the race promoters continue to cough up the exorbitant fees. Let's look at the current calendar. Australia is losing north of $50m on each race and the Government is under pressure. Malaysia has less attendance than Australia and by reports is not happy. China has never had a crowd, but will probably hang in there. Bahrain has plenty of money but no one wants to go. Barcelona cannot fill the seats even with Alonso and is hurting, but still wants the race. Their mates in Valencia keep reducing the number of seats and want to alternate with Barcelona. Monaco is Monaco and does not pay Bernie anyway. Then we have Canada where the students are threatening to stop the race, and Bernie wants a bunch of money spent on the track, i.e pit building, before next year. Silverstone is desperately trying to find someone to lease the facility to pay off their debts. Germany has Nurburgring and Hockenheim, neither of which can afford it. Hungary has always been an enigma, Bernie presumably promotes this race. Belgium is in trouble like Germany and was touted to share with France, except France is not playing ball with them or Bernie. In Italy the financial police have just raided Monza over dodgy accounts. Singapore will presumably continue at a lower price as their reward for floating F1. Japan is a year by year deal and could stop. Korea already wants to stop and apparently Bernie has done them a deal. India has not yet worked out what it is really going to cost them, as with Austin, which is still fighting within themselves. Abu Dhabi has spent so much money on Yas Marina they have to keep going, and then there is Brazil which is faced with building a new pit building. So, not all rosy in the F1 world.

What of the new races I hear you ask. Well we have New Jersey here in the US which no one knows who is paying for it. France is having second thoughts, and all is not smooth in Russia. Argentina is scheduled to join the Bernie supporters club, and there are always countries willing to pay Bernie what he wants it seems, but for how long?

Over at MotoGP things aren't much better with the current World Champion saying he is retiring at the end of the season as he does not like where that sport is heading, and neither do most of us.

On a final note the extensions to the track I built at Eastern Creek in Sydney back in 1989 have come in for some stick, particularly from motorcycle racers. Perhaps now I will receive some recognition for what I built originally on a difficult site. No, it was not Phillip Island, but there again, nothing else is.

The Mole, aka Peter Windsor I suspect, has a different take on Adams sudden departure. It still involves Bernie, but his take is that Bernie forced him out as Adam was one of very few who critized Bernie from inside F1. Bernie said recently that the reorganization of Williams should have started at the top, i.e. Adam. The scenario is Bernie needs Ferrari, McLaren and Williams to sign on, and knows Red Bull and Toro Rosso will go along for the money, and Sauber will do what Ferrari wants anyway. So offer Sir Frank a deal, Sir Frank says yes please, Adam says no, so no more Adam.

Another theory, but one of the comments suggested Adam would take "gardening leave" and turn up at CVC, along the lines I suggest. Bernie and Max Mosely had some famous disagreements, it did not stop them working together, and in my scenario Bernie is not there anyway.

Joe Saward has a piece about how our friends at CVC are going to be rewarded further for their investment in F1, with an extension of their loans maturity to 2017, the end of the next Concorde Agreement. In the meantime the return for investors is guaranteed at 5% over bank rate, and they can get ready for a float. Are we never to be rid of these parasites?

Now Thailand wants a GP, home of Red Bull why not? More the merrier. We'll be able to run the whole series in Asia soon.

Well that is what Bernie thinks will have to happen to stop the "dreamers" with their rose colored glasses from spending too much. Is he talking about race promoters? No, it is the teams, those terrible people who spend so much money on going racing. Perhaps if Bernie "capped" what CVC took out of the sport there would be enough money for these dreamers, and perhaps the race promoters could make a quid too. Just a thought.

While mentioning Bernie, he is still unimpressed by the demonstrations in Bahrain, so we are still going. The question will then arise, will we watch it?

Cars and teams have arrived in Melbourne, and also in Sebring, so we are getting close to having some answers as to who has the magic formula for this year. Maybe not Sebring, as not many new cars there. But who knows, maybe the Dyson cars can give Audi a run for their money just as the Duncan Dayton Hondas did.

The Rolex 24 hour at Daytona started yesterday with practice and qualifying, with the newly reshaped Daytona Prototypes, DPs. They look somewhat sleeker, but are unlikely to win over fans used to Audis and Peugeots. Ryan Dalziel took pole in the Starworks Ford ahead of the might of Suntrust and Ganassi, but only just. In the GT class it is Brumos Porsche ahead of 458 Ferrari and another Porsche, but all in the 1.49.3 bracket, so very close. It's a long race as they say in the classics, and we can watch on Speed at 2:30 EST. Look out for Alan McNish in that Starworks DP, quite a change from the R18!

Elsewhere the economic fallout continues for F1. We have seen the BBC basically giving back the F1 coverage as it could no longer afford it, and now Spain's broadcaster has done the same with just weeks to go to the first race. Joe Saward is continuing the rumors about the financial viability of Sahara Force India, and we know Williams are struggling on that front. And who would give HRT much hope? Add to all that the Valencia, Korea, Japan, Spa, Nurburgring, Hockenheim, France situation and it would seem Bernie and CVC might be facing a difficult time continuing with their money pit. Not to mention Melbourne. I and many others have long suggested that the current business model is unsustainable.

Rubens Barrichello is off testing and Indy Retirement League car. Good luck to him, why not join his other Brazilian mates.

Joe Saward has a piece today about our friends at CVC. It seems that they bought most of the Packer Empire, the other Australian media baron, including Channel Nine, and things aren't going so well on that investment. So selling F1 might just be a bit more attractive than it seemed?

More rats leaving a sinking ship in Sauber and Toro Rosso, not many left in FOTA to man the lifeboats.

On the personal front I worked out I have traveled over 15,000 miles since mid November, 3,500 of that driving, and another 5,000 to go next week! No wonder I feel a bit jaded. Lots of interesting things happening though, including several expert witness cases which will allow me to push the track safety agenda. Race Resorts of America is finally gaining traction and has been rebranded as Race Resorts International to reflect the level at which this is going to operate.