aBr June 2014 June 2014 | Page 22

by Frank Beeton auto alert A probing review of significant global motor industry news Formula One – A (Corporate) Political Path Forward? Auto Alert does not often enter the realm of motor racing – there are a number of other columnists writing in aBr that are far more focused on the subject, and provide quality regular updates on the goings on in the world of automotive competition. However, the latest version of the sport’s supreme category, Formula One, which came into force at the beginning of 2014, has been highly controversial, with voices having been raised by a number of stakeholders questioning the appropriateness of the latest regulation changes, and asking if they are good for the sport. Issues such as the much lower levels of noise generated by the latest cars, the emphasis on reduced fuel consumption contained in the current rules, and potential reliability problems stemming from the now elevated levels of complexity have been debated at length. The outcomes of the recent Bahrein and Barcelona Grands Prix, which featured epic internecine duels between Mercedes-Benz drivers Lewis Hamilton and Nico Rosberg, as well as numerous intense battles for the minor placings, should have eased concerns about the spectacle provided by the new formula. However, it would be naive to think of Formula One in purely sporting or entertainment terms. The new formula, which has been devised to increase the technological relevance of this very expensive activity in the modern world, was designed specifically to retain the involvement of major motor manufacturers in financing its future existence. Mercedes-Benz is unique in having its own branded team, while its power units are used by “customer teams” McLaren, Williams and Force India. Renault is also involved in providing power units for the likes of Red Bull, Lotus, Toro Rosso and Caterham, while Ferrari, firmly in the Fiat empire, builds and races its own iconic cars, while also providing power units for Sauber and Marussia. It is also highly significant that Nissan’s luxury nameplate Infiniti is the brand sponsor for Red Bull. The current situation, where Mercedes appears to be gaining a level of Grand Prix domination seen before in the years before World War II when the same manufacturer, and German rival Auto Union, were the top teams, and in 1954/5 when Mercedes once again proved dominant, has, in our view, the potential to shake up the Formula One status quo considerably in the years ahead. If this domination were to continue, four-times World Championship-winning Red Bull Racing can be expected to desperately seek a return to competitiveness. Bearing in mind the Red Bull’s Renault-Nissan/ Infiniti connections, and the increasingly close global working relationship between Renault-Nissan and Mercedes’ parent Daimler, there is an intriguing possibility that the French/Japanese alliance’s boss, Carlos Ghosn, who is well known for his hard-nosed approach to business, may wish to extricate Renault from the very costly F1 power unit game. He could then, of course, obtain these components, on behalf of Infiniti Red Bull, and possibly Toro Rosso, from his business partner, Mercedes, to make the resulting Red Bull Mercedes combination ultracompetitive. The aforementioned close relationship between Daimler and Renault-Nissan could also be cause for closing the door on other teams, with the Mercedes power unit restricted to only its own and the two Red Bull-owned outfits. McLaren, of course, will be unaffected, as they are destined to team up with Honda in 2015. | words in action 20 june 2014 Williams and Force India, however, along with Lotus and Caterham, will need to find an alternative power unit source if the above mentioned scenario plays out fully. But wait, with Mercedes-Benz dominant, what about their luxury car arch-rivals BMW and Audi (in other words, Volkswagen)? They will surely not wish to allow the three-pointed star to go about shouting its F1 success story with impunity, and are sure to follow Daimler into Grand Prix racing. After all, BMW have been there before, and Volkswagen has recently shouldered its way into the World Rally Championship with immediate success. Both of them could easily pick up one of the “powerless” teams, some of whom have already developed very efficient chassis. This, we believe, is the type of outcome that Formula One may have envisaged with its latest rule changes. Fiat Chrysler Automobiles Plans the Way Ahead With the formalisation of the merger between Fiat and Chrysler having been completed early in 2014, the management of the conglomerate, which is presently the world’s seventh-largest carmaker, has outlined its strategy for the next five years. Significantly, the presentation of this business plan by charismatic CEO Sergio Marchionne was delivered in Auburn Hills, Detroit, clearly signaling the importance of the North American market to FCA’s future success. Global group sales, which ran at 4,4 million units in 2013, are forecast to increase to nearly seven million by 2018, which some observers have labelled as an optimistic objective, but others believe that Marchionne has the ability to pull it off. The core Fiat brand’s own expansion is expected to come mainly from Latin America and Asia, given continuing economic difficulties in its traditional European markets following a six-year