Force India waiting on 2017 rules in EU complaint

Wed Apr 6, 2016 5:29am EDT
 
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By Alan Baldwin

LONDON (Reuters) - Force India are waiting for Formula One's 2017 rules to be finalised before taking the next step in their complaint to the European Union about how the sport is run and revenues distributed.

"We're not looking at moving that forward until the end of the month, until we've seen all the changes that come in and we know exactly where things are," deputy team principal Bob Fernley told Reuters.

Force India, controlled by Indian magnate Vijay Mallya, and Swiss rivals Sauber filed a joint complaint last September asking the EU competition authorities to investigate the sport's governance.

Both teams believe Formula One is in breach of articles that prohibit cartels and the abuse of dominant market positions.

At stake is the amount of money top teams like Ferrari receive from the commercial rights holder as well as their influence on decision making, with the possibility that contracts will have to be redrawn.

"We submitted our complaint. The complaint has then gone to CVC (commercial rights holders). CVC have responded back (to the EU), which we have a copy of, and then we have to reply again to that final part of it," Fernley said.

"Then they'll look at it. It's going through the process."

The sport's core Strategy Group of governing body, six top teams and commercial rights holder agreed in February to postpone to April 30 the deadline for finalization of the 2017 sporting and technical regulations.   Continued...

 
Force India Formula One team's deputy principal Bob Fernley is seen at the Bahrain International Circuit in Sakhir, south of Manama April 20, 2012.  REUTERS/Hamad I Mohammed