SPEED_Staff_GMM's avatar
Rate this article:
  • 0/5 Stars
SPEEDtv.com Store
DVD: David Jefferies Story
The David Jefferies Story is a reminder of the much loved and much missed Yorkshireman.
Our Price: $24.95
Visit Button
Buy Button
Man-Made Thunder
The book examines the sport of stock car racing through the eyes and ears of the men behind the wheel and the wrenches.
Our Price: $49.00
Visit Button
Buy Button
Unisex Sandwich Cap
Unisex Velcro back hat with SPEED logo on front. PINKS logo embroidered on left and PAO logo on right. One size fits all.
Our Price: $24.95
Visit Button
Buy Button
Speedway T-shirt
Men's 6 oz. 100% Cotton Jersey Short Sleeve Tee. SPEED logo imprinted on the front center chest.
Our Price: $24.99
Visit Button
Buy Button
Ferrari Red Classic Hat
100% cotton twill. Ferrari shield embroidered on front, piping on the peak and Ferrari logo embroidered on back strap adjuster.
Our Price: $30.00 ($27.00 Member)
Visit Button
Buy Button
F1: FOTA Walks Out Of FIA Meeting
Written by: SPEED Staff / GMM   
GMM Newswire
 
Luca di Montezemolo FOTA Chairman. (Photo: LAT Photographic) ยป More Photos

Formula One's brief peace was shattered on Wednesday as the FOTA walked out of a meeting with the governing body in an F1 Technical Working Group in Germany.

According to the FIA, the meeting ahead of the German Grand Prix at the Nurburgring was to seek the agreement of all 13 2010 teams to scrap the proposed budget cap rules and replace them with a "legally binding agreement ... to reduce costs" to early 90s levels within two years.

"The eight FOTA teams were invited to attend the meeting to discuss their further proposals for 2010. Unfortunately no discussion was possible because FOTA walked out of the meeting," the Paris federation said in a statement.

FOTA, representing every 2010 team except Williams, Force India and the three new entrants, gave a different account, saying that the FIA's Charlie Whiting informed them that they "are not currently entered into
the 2010 ... world championship and have no voting rights in relation to the technical and sporting regulations thereof".

Representatives of the rebel group requested the meeting be postponed but "this was rejected". FOTA denies part of the Paris peace deal in late June was the requirement "for unanimous agreement on regulations change".

"To subsequently go against the will of the WMSC (World Motor Sport Council) and the detail of the Paris agreement puts the future of Formula One in jeopardy," said FOTA.

The eight FOTA teams said they had "no option other than to terminate their participation" in the FIA meeting.

F1 RaceCast Online Now! Follow Formula One live online timing & scoring, practice, qualifying, race coverage, commentary and more on SPEEDtv.com!

View All Comments