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Topic: McLaren stripped of constructor's points and fined $100M in F-1 spy case
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September 13, 2007 at
03:05:36 PM
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F1 UPDATE: McLaren Excluded from '07 Constructors' ChampionshipWritten by: RACER staff Paris, France – 9/13/2007
 Ron Dennis' team will have to pay a record $100m in addition to submitting its '08 challenger to FIA scrutiny to ensure it doesn't benefit from Ferrari intelectual property. (LAT Photo) MORE PHOTOS
Amidst much confusion from news services worldwide, which originally reported that McLaren had been banned from the '07 and '08 Formula 1 championships, the verdict from today's World Motor Sport Council meeting finally came to light: the silver team has been excluded from the '07 constructor's championship but will be allowed to carry on racing, with Lewis Hamilton and Fernando Alonso retaining their driver's season points. The confusion was triggered because even though the FIA did recommend that McLaren be banned, the actual verdict is cast only after the WMSC's 26 members have deliberated and voted. Hamilton thus continues to lead the championship with 92 points, three more than Alonso and 18 ahead of Ferrari's Kimi Raikkonen with only four races still to be contested this season. In addition, the WMSC also determined that McLaren's 2008 challenger will come under scrutiny before being raced to ensure it doesn't benefit from any intellectual property belonging to Ferrari.
 Hamilton and Alonso keep their drivers' points and continue to lead the championship. (LAT Photo) MORE PHOTOS
Finally, the Woking, UK-based outfit will have to pay a staggering $100m fine.
They don't even know how to spell sprint car
much less chromoly...http://www.ycmco.com
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September 13, 2007 at
03:46:44 PM
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Wow. That makes the alleged Patriots signal videos look like nothing, doesn't it?
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September 13, 2007 at
03:57:00 PM
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would that be pounds or dollars?
"As long as I can have a fast boat, a margarita
machine and can light my hair on fire, I'll be just
fine."
Jason Giambi
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September 13, 2007 at
04:27:31 PM
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Who gets the money?
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September 13, 2007 at
05:00:33 PM
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Tony Stewart...
He bought the FIA and McLaren earlier this week!
"As long as I can have a fast boat, a margarita
machine and can light my hair on fire, I'll be just
fine."
Jason Giambi
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September 13, 2007 at
06:49:55 PM
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Reply to:
Posted By: cubicdollars on September 13 2007 at 03:05:36 PM
F1 UPDATE: McLaren Excluded from '07 Constructors' ChampionshipWritten by: RACER staff Paris, France – 9/13/2007
Ron Dennis' team will have to pay a record $100m in addition to submitting its '08 challenger to FIA scrutiny to ensure it doesn't benefit from Ferrari intelectual property. (LAT Photo) MORE PHOTOS
Amidst much confusion from news services worldwide, which originally reported that McLaren had been banned from the '07 and '08 Formula 1 championships, the verdict from today's World Motor Sport Council meeting finally came to light: the silver team has been excluded from the '07 constructor's championship but will be allowed to carry on racing, with Lewis Hamilton and Fernando Alonso retaining their driver's season points. The confusion was triggered because even though the FIA did recommend that McLaren be banned, the actual verdict is cast only after the WMSC's 26 members have deliberated and voted. Hamilton thus continues to lead the championship with 92 points, three more than Alonso and 18 ahead of Ferrari's Kimi Raikkonen with only four races still to be contested this season. In addition, the WMSC also determined that McLaren's 2008 challenger will come under scrutiny before being raced to ensure it doesn't benefit from any intellectual property belonging to Ferrari.
Hamilton and Alonso keep their drivers' points and continue to lead the championship. (LAT Photo) MORE PHOTOS
Finally, the Woking, UK-based outfit will have to pay a staggering $100m fine.
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September 13, 2007 at
10:45:12 PM
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Reply to:
Posted By: Faster Pussycat on September 13 2007 at 05:00:33 PM
Tony Stewart...
He bought the FIA and McLaren earlier this week!
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i heard he also bought McLaren and Ferarri so that the 20 and 15 sprint teams could not be fined for potential spying on them.
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September 14, 2007 at
05:47:22 AM
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Reply to:
Posted By: Faster Pussycat on September 13 2007 at 03:57:00 PM
would that be pounds or dollars?
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Euro's?
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September 14, 2007 at
08:42:56 AM
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This message was edited on
September 14, 2007 at
09:07:58 AM by cubicdollars
Reply to:
Posted By: R. H. on September 14 2007 at 05:47:22 AM
Euro's?
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It's $100 million USD, here's what McLaren had to say after the verdict...lol.
"...as you can see if you read our accounts, we turn over roughly $450-500 million USD a year, and we are debt-free, so obviously we are a very strong company with phenomenal growth.
"I jokingly asked [Mercedes motorsport director] Norbert [Haug] if he was going to chip in half, but we haven't really come to a conclusion on that negotiation." - Ron Dennis (McLaren team principal)
They don't even know how to spell sprint car
much less chromoly...http://www.ycmco.com
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September 14, 2007 at
10:58:44 AM
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Reply to:
Posted By: cubicdollars on September 14 2007 at 08:42:56 AM
It's $100 million USD, here's what McLaren had to say after the verdict...lol.
"...as you can see if you read our accounts, we turn over roughly $450-500 million USD a year, and we are debt-free, so obviously we are a very strong company with phenomenal growth.
"I jokingly asked [Mercedes motorsport director] Norbert [Haug] if he was going to chip in half, but we haven't really come to a conclusion on that negotiation." - Ron Dennis (McLaren team principal)
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Cowabunga...
Mercedes sold roughly 350 McLaren SLR Roadsters in the USofA in the last year with a MSRP of approxiamtely $490,000.00 per unit. Good God, that's roughly 173 million in sales from that beast alone.
I think they got it covered.
"As long as I can have a fast boat, a margarita
machine and can light my hair on fire, I'll be just
fine."
Jason Giambi
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September 14, 2007 at
11:19:07 AM
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229
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They could work out a payment plan! $50 a week for the next 38,462 years.
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September 14, 2007 at
04:22:32 PM
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hell, make de la Rosa and Alonso pay for it. They were 2 of the 3 McLaren boys that caused the mess. The full report was posted on Speed's website today.
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