Business News Formula 1 | Page 5

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and driver from irregularities in the road surface.



Big business

Beginning in the 1970s, Bernie Ecclestone rearranged the management of Formula One's commercial rights; he is widely credited with transforming the sport into the billion-dollar business it is today. When Ecclestone bought the Brabham team in 1971 he gained a seat on the Formula One Constructors' Association and in 1978 became its President. Previously the circuit owners controlled the income of the teams and negotiated with each individually, however Ecclestone persuaded the teams to "hunt as a pack" through FOCA. He offered Formula One to circuit owners as a package which they could take or leave. In return for the package almost all are required to surrender trackside advertising.

The formation of the Fédération Internationale du Sport Automobile (FISA) in 1979 set off the FISA-FOCA war, during which FISA and its president Jean-Marie Balestre clashed repeatedly with FOCA over television revenues and technical regulations. The Guardian said of FOCA that Ecclestone and Max Mosley "used it to wage a guerrilla war with a very long-term aim in view." FOCA threatened to set up a rival series, boycotted a Grand Prix and FISA withdrew its sanction from races. The result was the 1981 Concorde Agreement, which guaranteed technical stability, as teams were to be given reasonable notice of new regulations. Although FISA asserted its right to the TV revenues, it handed the administration of those rights to FOCA.

FISA imposed a ban on ground effect aerodynamics in 1983. By then, however, turbocharged engines, which Renault had pioneered in 1977, were producing over 700 bhp (520 kW) and were essential to be competitive. By 1986, a BMW turbocharged engine achieved a flash reading of 5.5 bar pressure, estimated to be over 1,300 bhp (970 kW) in qualifying for the Italian Grand Prix. The following year power in race trim reached around 1,100 bhp (820 kW), with boost pressure limited to only 4.0 bar. These cars were the most powerful open-wheel circuit racing cars ever. To reduce engine power output and thus speeds, the FIA limited fuel tank capacity in 1984 and boost pressures in 1988 before banning turbocharged engines completely in 1989.

The development of electronic driver aids began in the 1980s. Lotus began to