FIA delays discussing grand prix economy measures
Confirming that the British and French grands prix will go ahead, the FIA world motorsport council met in Monaco yesterday and, as expected, presented a 19-race 2005 Formula One calendar.
Confirming that the British and French grands prix will go ahead, the FIA world motorsport council met in Monaco yesterday and, as expected, presented a 19-race 2005 Formula One calendar.
That was the only business discussed, however, after the late cancellation last week of the scheduled Formula One commission meeting, at which the majority of team principals had expected to discuss matters such as a limit on testing and the possibility of a single-tyre formula.
These matters cannot now be heard until the next world motorsport council meeting in March, delaying the possible introduction of such measures until 2007 at the earliest.
Meanwhile, British American Racing Holdings Ltd, the holding company of the BAR Honda F1 team, has gone into administration following the failure of a legal challenge to prevent them shedding the minority partners Craig Pollock and Jerry Forsythe prior to the scheduled restructuring of the business with Honda acquiring a 45 per cent stake.
The team's sponsor and main creditor, British American Tobacco, is also the main shareholder with a stake of around 90 per cent, but wants to start a new company in conjunction with Honda. They can bid what they like for the assets of BAR Holdings, which threatened the move when Pollock and Forsythe refused to agree to a settlement with BAT. They now hold valueless shares.
¿ The Wales Rally GB will take place from September 16-18 next year, the FIA confirmed yesterday.
Formula One 2005 calendar
6 Mar: Australia
20 Mar: Malaysia
3 Apr: Bahrain
24 Apr: San Marino
8 May: Spain
22 May: Monaco
29 May: Europe
12 Jun: Canada
19 Jun: United States
3 Jul: France
10 Jul: Britain
24 Jul: Germany
31 Jul: Hungary
21 Aug: Turkey
4 Sept: Italy
11 Sept: Belgium
25 Sept: Brazil
9 Oct: Japan
16 Oct: China
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