Bernie Ecclestone, commercial supremo of Formula One has caught Olympic fever. He wants to do away with points down to eight place, awarding instead Gold, Silver and Bronze medals for places one to three – but only counting Gold medals towards the Championship.
For some years now the points have been 10, 8, 6, 5, 4, 3, 2, 1 points for 1st to 8th places respectively. Previously, points were only scored down to 6th place with 9 points for a win, 6 for second, 4 for third and then 3, 2, 1 for the last three points.
The old points system was extended because mid range teams still had to put in hundreds of millions of dollars each year yet hardly ever finished in the Top 10 and so got no reward for their efforts with everything going to the Top 3 teams each year mostly.
Giving out medals is stupid. How many Silvers equal a Gold? How many Bronzes? How do you convert them? Ah, yes, you give them a numerical value… Bernie ought to come out with it and be honest: he just wants to reward Ferrari and McLaren! Sod the rest of them.