Is F1's Peace Deal Really That Peaceful?

Leo EvansContributor IJune 29, 2009

IMOLA, ITALY - APRIL 21:  F1 Supremo Bernie Ecclestone talks to Renalut team principal Flavio Briatore in the paddock during the second session prior to the San Marino Formula One Grand Prix at the San Marino Circuit on April 21, 2006, in Imola, Italy.  (Photo by Paul Gilham/Getty Images)


With the "Peace Deal" now agreed are all both sides happy? Will the FIA be OK with "losing" to FOTA? Will FOTA be happy with the FIA still in charge of F1? And will all the teams be happy with the £40 million budget cap now gone as well as all of FOTA's requests? And finally, Will the fans be happy?

To start with my first point, the FIA, we will have to look at what they lost in this "battle."

Well they will no longer have their president, who has been in the role since 1993 and improved safety dramatically, but many will see this as a good note. A lot of people had a strong dislike of Max Mosely; many blamed him for this affair, the 2005 US Grand Prix affair, and even the farce of KERS. But the FIA have lost a lot more than Max, the FIA have lost their dignity.

They wanted a budget cap and a two tier Formula One series, but FOTA were having none of it. A breakaway series was announced but was then cancelled when the FIA agreed to a deal to keep all teams in F1, but this meant that the regulations would stay the same as 2009.

But the FIA have learned, at least I would hope, that the FOTA are serious.

They were not joking about a new series and they were able to get more people on their side than the FIA did on theirs. There was one thing though, that the FIA didn't lose.

FOTA wanted to run F1. Although they won this battle, they are not in charge and the FIA will be. But the FIA will never admit that they have lost. They will take victory from the fact that within the next two years the teams will attempt to cut spending down to that of the early '90s.

Now on to the teams.

The FOTA teams will, of course, be over the moon to be in Formula One in the format that it is. They won the battle with the FIA and have sent out a strong message. But without control over Formula One as they would have hoped they will be disappointed. But having said that, they will be pleased to have gotten rid of Max Mosely, and now they are trying to get rid of head steward Alan Donnelly, who, according to the teams, helped new comers Manor get into the sport.

But with all this said, will all the teams be happy with the lack of a budget cap?

With two of three new teams joining the sport mainly because of the proposed budget cap, can they cope in F1 without it? With high levels of spending still being used this may be difficult for them. Even Nick Fry has recently been quoted saying that the peace deal might actually be bad for F1 in the future, as teams may end up pulling out because they can't afford to stay in.

But with the target to bring costs down to that of the early '90s they may have a long term future.

Although both sides will claim some form of victory, who are the real winners? The answer is you and I, the fans. With only one series to follow we won't have to pay for any extra subcriptions, we won't have to decide between the two. Instead we can sit down and watch the most exiting, fast paced action from the best drivers in the world, all driving in the same series, Formula One 2010.