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OT: Formula1.com sues Formula One Management

2 posts by 2 people · 19 Oct 2000 11:55 UTC - 20 Oct 2000 09:34 UTC

Gregor Veble 19 Oct 2000 11:55 UTC#225747
Off topic, but interesting for anyone that's into F1 and the web. The Formula1.com site is filing an anti-trust lawsuit against Formula 1 management. Excerpt from their site: '... Unfortunately, on two separate occasions this year, Formula One Management, in conjunction with the FIA, has attempted to cut off the supply of photography to our site. We wish to make it clear that we do not hold anything against our photo suppliers, who have made a great contribution to this site. But they were forced to stop supplying Formula1.com or risk losing their livelihood by having their press passes revoked by the FIA.' For the full story, see http://www.formula1.com/news/headlines00/malaysia/s3551.htm -Gregor
Txl 20 Oct 2000 09:34 UTC#225722
Despite what everybody thinks it is very possible and likely to win a lawsuit against these bastards (Mostly Bernie and Max). In truck racing 3 years ago an independent video producer (AETV from Germany) sued the FIA for about the same thing (They wanted to multiply by 3 or 5 the tv right for truck races), after many appeals and tricks from Bernie himself (Including sending money to a bank account "in secret" belonging to ATEV to tell in court "I bribed them") Bernie LOST, completely LOST. Besides that do you know that in the beggining of June, the FIA world council sold the exclusivity of the F1 Championship tv rights to Bernie (Well ISC the company run by his 25 year old wife). The terms of this sale were : 100 Years (yes, one hundred) price : (Please don't laugh) 368 Million USD To compare this it is to be noted that for the 2000 Season alone the TV paid ISC about 2.2 Billion USD.... So if you can buy something for about 3.68 Million a year, and sell it for about 2.2 Billion a year how do you call that ? Of coiurse there were no other companies included in the deal, Bernie was the only one to whom this "deal" was offered. Bottom line : Sue the bastard !

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