Grand Prix Manufacturers Association
Encyclopedia
The Grand Prix Manufacturers Association (GPMA) was an alliance of car manufacturers that participated in Formula One
formed (like its predecessor GPWC
) to act as a tool to assist the companies in bargaining with Bernie Ecclestone
for an agreeable extension to the 1997 Concorde Agreement
, the contract by whose terms the teams compete in F1. It has now been superseded by the Formula One Teams Association
On 27 March 2006, Formula One's five "rebel" manufacturer-backed teams signed up to the 2008 World Championship.
Formula One
Formula One, also known as Formula 1 or F1 and referred to officially as the FIA Formula One World Championship, is the highest class of single seater auto racing sanctioned by the Fédération Internationale de l'Automobile . The "formula" designation in the name refers to a set of rules with which...
formed (like its predecessor GPWC
Grand Prix World Championship
The Grand Prix World Championship, often abbreviated to GPWC, is a general term used to describe any proposed alternative world championship auto racing series to rival Formula One.-1997-2005:...
) to act as a tool to assist the companies in bargaining with Bernie Ecclestone
Bernie Ecclestone
Bernard Charles "Bernie" Ecclestone is an English business magnate, as president and CEO of Formula One Management and Formula One Administration and through his part-ownership of Alpha Prema, the parent company of the Formula One Group of companies. As such, he is generally considered the primary...
for an agreeable extension to the 1997 Concorde Agreement
Concorde Agreement
The Concorde Agreement is a contract between the Fédération Internationale de l'Automobile , the Formula One teams and the Formula One Administration which dictates the terms by which the teams compete in races and take their share of the television revenues and prize money...
, the contract by whose terms the teams compete in F1. It has now been superseded by the Formula One Teams Association
Formula One Teams Association
The Formula One Teams Association is a group of Formula One teams that was formed at a meeting in Maranello on 29 July 2008. This organisation gives the teams a united voice in their ongoing discussions with the FIA and The Formula One Group regarding the future of Formula One. It is headed by...
Members
(as at time of formation of FOTA)- BMW GroupBMWBayerische Motoren Werke AG is a German automobile, motorcycle and engine manufacturing company founded in 1916. It also owns and produces the Mini marque, and is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad and Husqvarna brands...
(BMW SauberBMW SauberBMW has been involved in Formula One in a number of capacities since the inauguration of the World Drivers' Championship in . The company entered occasional races in the 1950s and 1960s , before building the BMW M12/13 inline-four turbocharged engine in the 1980s...
) - Mercedes-BenzMercedes-BenzMercedes-Benz is a German manufacturer of automobiles, buses, coaches, and trucks. Mercedes-Benz is a division of its parent company, Daimler AG...
(Shareholder of McLaren GroupMcLaren GroupThe McLaren Group, based at the McLaren Technology Centre in Woking, Surrey, England, is a group of companies created by Ron Dennis, described by the International Herald Tribune as "a small conglomerate"...
, of which Team McLaren is an operating division)
Former members
- Ford (Jaguar RacingJaguar RacingJaguar Racing was a Formula One team that competed in the FIA Formula One World Championship from 2000 to 2004. It was formed from the purchase by Ford of Jackie Stewart's Stewart Grand Prix Formula One team in June 1999. Ford renamed the team Jaguar Racing as part of its global marketing...
) – left Formula 1 altogether and GPWCGrand Prix World ChampionshipThe Grand Prix World Championship, often abbreviated to GPWC, is a general term used to describe any proposed alternative world championship auto racing series to rival Formula One.-1997-2005:...
, the predecessor to GPMA 24 October 2004. - HondaHondais a Japanese public multinational corporation primarily known as a manufacturer of automobiles and motorcycles.Honda has been the world's largest motorcycle manufacturer since 1959, as well as the world's largest manufacturer of internal combustion engines measured by volume, producing more than...
(Honda Racing F1 Team) - left Formula 1 altogether and the GPMA after selling team in March 2009. - FiatFiatFIAT, an acronym for Fabbrica Italiana Automobili Torino , is an Italian automobile manufacturer, engine manufacturer, financial, and industrial group based in Turin in the Italian region of Piedmont. Fiat was founded in 1899 by a group of investors including Giovanni Agnelli...
(Scuderia FerrariScuderia FerrariScuderia Ferrari is the racing team division of the Ferrari automobile marque. The team currently only races in Formula One but has competed in numerous classes of motorsport since its formation in 1929, including sportscar racing....
) – left GPWCGrand Prix World ChampionshipThe Grand Prix World Championship, often abbreviated to GPWC, is a general term used to describe any proposed alternative world championship auto racing series to rival Formula One.-1997-2005:...
, the predecessor to GPMA 19 January 2005. - Toyota (Toyota F1Toyota F1Panasonic Toyota Racing was a Formula One team owned by Japanese car manufacturer Toyota and based in Cologne, Germany. Toyota announced their plans to participate in F1 in 1999, and after extensive testing with their initial car, dubbed the TF101, the team made their debut in 2002...
) – announced decision to leave on 14 August 2006. - RenaultRenaultRenault S.A. is a French automaker producing cars, vans, and in the past, autorail vehicles, trucks, tractors, vans and also buses/coaches. Its alliance with Nissan makes it the world's third largest automaker...
(Renault F1Renault F1Lotus Renault GP, formerly the Renault F1 Team, is a British Formula One racing team. The Oxfordshire-based team can trace its roots back through the Benetton team of the late 1980s and 1990s to the Toleman team of the early 1980s. Renault had also competed in various forms since , before taking...
) – announced decision to leave on 16 February 2007.
On 27 March 2006, Formula One's five "rebel" manufacturer-backed teams signed up to the 2008 World Championship.