Do you understand the license rise?

Question

because i don't. val emailed me about it and i still didn't understand.

why do they get charged for every point they get and why do they get charged in the first place?

reading from the sun this is what it said in figures:

kimi raikkonen (£25m)

license cost 2007: £24,000

license cost 2008: ££172,500

Fenando Alonso (12m)

license cost 2007: £48,000

license cost 2008: £171,000

Lewis Hamilton (£10m)

license cost 2007: £1,300

license cost 2008: £171,000

Felipe Massa (£9m)

license cost 2007: £29,650

license cost 2008: £148,500

and i am still confused. :(

Answer 1

As a general guide, each point a driver earns is also a point for the team, so the team should pay this expense.

In regards as to why, there are three possibilities: 1) there are genuine expenses to pay, so the FIA has to increase its revenue; 2) payback for not supporting Max; and 3) a bit of both.

Answer 2

It's a tax.

If you're successful you make more money so pay more tax.

The FIA are trying to act like a government only their motive is greed.

Edit: What did you expect them to call it?

"Give me some money fee?"

Answer 3

Whatever. Let their managers deal with it, I'd say. Racing drivers should just concentrate on driving, not whinge about some petty cash payments and talk about going on a strike for goodness sake! They (most of them) are paid handsomely for doing something that many aspire to. They should realise how privileged they are and do the talking on the track. Whether or not FIA is doing the wrong thing is not the issue - not for the drivers anyway. They have their managers. Let them sort it out. Ofcourse, going on a strike would be justified if it was to do with safety -or lack of it on a particular track, but some silly money matters?

Spoiled brats!

Answer 4

According to Max, the FIA is spending a lot on safety and the drivers are not paying that much (couple of thousand pounds). So he said all the money would go to driver's safety.

Autosport said that they might also be doing it to discourage the hiring of pay drivers that bring sponsors but have no talent.

I think the problem is that they are assuming that more points = well paid and that doesn't always work that way.

According to what I read, there is a base price (what they pay when they earn no points) and then there is an additional fee for each point they score.

It kind of discourages low pay drivers to score points...

EDIT:



Found some quotes:

"However, the World Motor Sport Council recently approved a major increase in the license price, to 10,000 euros plus 2,000 euros per point."

Max Mosley:

"We spend a fortune on safety and most of it is for the benefit of the drivers," Mosley told reporters at a lunch.

"A lot of the people who have otherwise been meeting the bill said 'Hang on a minute, these drivers are all earning megabucks and we are spending a fortune to try and make sure they are safe.'

"So hence the increase."