In classical mechanics, an important principle is the principle of relativity: the physical laws are invariant with respect to the transformation from one inertial frame into another. Maxwell's equations seem to violate this principle, because they contain a distinguished speed -- the speed of light c. It was this apparent conflict between mechanics and electrodynamics that led Albert Einstein in 1905 to his special theory of relativity. By a careful analysis of the concept of time, he realized that Maxwell's equations do indeed obey the relativity principle, although the transformation law becomes more complicated (Lorentz instead of Galileo transformations).
Einstein was very aware of the problem of the speed of light inconcitensy with Newton's laws (and Maxwell's equations). We was also aware of the observer effects (relative velocity effects) and he married the two, being the fist to explain the constancy of speed of light or reconcile classical mechanics with that fact.
This has been the only (albeit successful) attempt. Are you aware of any others >