Ferrari could have shown sportsmanship by agreeing to the proposal set forth by all the Michelin teams along with Jordan and Minardi. This proposal would have given the top 6 places to the 6 Bridgestone cars and allowed the Michelin teams to race for the two remaining points positions plus any positions that attition may have opened up in the top 6. This proposal also gave Ferrari the 1-2 finish, accepting the inevitability of them beating Jordan and Minardi. In return, they put a chicane in turn 13 and the Michelin cars can safely race.
It was Ferrari that said "no" to this proposal, claiming that it wasn't their problem. This is technically true, because Ferrari showed up with the correct equipment and was prepared to race. So on this afternoon at Indy, it wasn't their problem. If Jean Todt could see past the length of his nose he would see the bigger picture and realize that irreperable harm has been done to F1 in the US market, a market that they have only recenty begun to penetrate. This will hurt the sport as a whole, as rich US corporations choose to allocate sponsorship dollars to teams that get good press and signifcant TV time in their home market. Yes, Ferrari is a rich team and they will survive. But if the sport crumbles around them, who will they survive to race against?
And for those of you who think I'm being over-dramatic here, keep this in mind. The 7 Michelin teams are also the teams that are talking about walking away from F1 to set up a rival manufacturers series after the Concorde Agreement expires in 2007. Minardi has also signed on with this group, as well. I don't know about Jordan. Ferrari has already aliented themselves by signing a huge revenue deal with Ecclestone that guarantees their commitment to the sport after 2007. You could be only a couple of years away from seeing another IRL/CART debaucle, and if it does happen I think a lot of people are going to look back at yesterday's race as one of the key events in the breakup. At that point it will be Ferrari's problem.