F1 teams question FIA’s governance, integrity and transparency
Silverstone, 4 March 2020: In a major development, Formula 1 team, McLaren Racing Limited, Mercedes-Benz Grand Prix Limited, Racing Point UK Limited, Red Bull Racing Limited, Renault Sport Racing Limited, Scuderia Alpha Tauri S.p.A. and Williams Grand Prix Engineering Limited expressed their shock and dismay at the International body, FIA, in the way they settled the investigation into the Scuderia Ferrari Formula 1 Power Unit issue.
In a statement released by Racing Point F1 team on behalf of all the teams on Wednesday, they expressed surprise and shock saying: “”We, the undersigned teams, were surprised and shocked by the FIA’s statement of Friday 28 February regarding the conclusion of its investigation into the Scuderia Ferrari Formula 1 Power Unit.'”
The statement further added, “An International sporting regulator has the responsibility to act with the highest standards of governance, integrity and transparency.”
“After months of investigations that were undertaken by the FIA only following queries raised by other teams, we strongly object to the FIA reaching a confidential settlement agreement with Ferrari to conclude this matter,” the Statement continued..
The teams objected and felt deceived by the secret closure of the issue and said: “Therefore, we hereby state publicly our shared commitment to pursue full and proper disclosure in this matter, to ensure that our sport treats all competitors fairly and equally. We do so on behalf of the fans, the participants and the stakeholders of Formula One.”
They also said: “In addition, we reserve our rights to seek legal redress, within the FIA’s due process and before the competent courts.”
Later all these teams have issued the same press releases separately.
