F1 leaders gather for talks in Geneva
3 November 2011 – All of Formula 1’s key figures are meeting in Switzerland on Thursday in order to discuss the current significant issues of the sport; these include several requested team name changes for 2012, concerns over the Bahrain and Korean Grands Prix plus an obligation for drivers to run in qualifying’s top ten shootout.
The aforementioned name changes involve Lotus Renault GP becoming ‘Lotus’, Virgin Racing adapting only ‘Marussia’ branding and Tony Fernandes’ Team Lotus switching to a ‘Caterham’ guise for the 2012 campaign. The future of HRT – currently controlled by the Spanish Thesan Group – also remains unknown and is likely to be brought up.
Fears remain over the safety in Bahrain after this year’s race was called off due to civil unrest; the future of Korea’s event is also still uncertain. With regards to qualifying, fans have been disappointed this season as some teams elect not to run in Q3 in a bid to save tyres; rules demanding drivers to run, or introducing special sets of Pirelli tyres only for qualifying, are both ideas which could help to avoid this.
A new Concorde Agreement – the document which binds teams, governing body the FIA and commercial rights holder FOM to form the basis by which F1 runs – will ultimately be written up for 2013.