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Dr. Hfuhruhurr

Entirely predictable

Quote:
The row that has threatened to rip formula one asunder is expected to be settled today when the nine remaining members of the Formula One Teams' Association are expected to follow Williams' example and submit their entries for the 2010 world championship before the final deadline expires.


http://www.guardian.co.uk/sport/2...ormula-one-budget-cap-row-settled
Humphrey The Pug

I love the paragraph about the supposed new teams being unable to afford 45m euros let alone 100m euros to enter the forth coming season, so really all that bollocks from the FIA about new teams coming was just that, bollocks.

Now the budget cap row has been sorted lets hope F1 can get through the remainder of the season without another row taking over!!
Big TC

Why am I not surprised...

I said at the start of the season that I would feast on my headgear if there are 3 new teams in F1 next year - I still hold that view.
Sav

I hope Toyota go, they don't bring an awful lot to Formula One.

Prodrive would be brilliant for F1, however.
Humphrey The Pug

Sav wrote:
I hope Toyota go, they don't bring an awful lot to Formula One.

Prodrive would be brilliant for F1, however.


I don't hope that Toyota go but I wouldn't be surprised if they do.

What I think is ironic is that the FIA are after a budget cap but if there are less than 20 cars next season a few teams will be required to run a third car, hold on a moment wont that push up the costs to run a team!?
Sav

FOTA announced that all members have submitted entries: http://www.autosport.com/news/report.php/id/75680
Richard (ex-MB_insider)

It is not quite the end of the row over the budget cap as the FOTA teams have signed up on the condition that the FIA conceeds to their demands. If the FIA does not conceed then they will pull out.

Quote:
All FOTA Teams have today submitted conditional entries for the 2010 FIA Formula One World Championship.

FOTA confirms all its Members’ long-term commitment to be involved in the FIA Formula One World Championship and has unanimously agreed further and significant actions to substantially reduce the costs of competing in the Championship in the next three years, creating a mechanism that will preserve the technological competition and the sporting challenge and, at the same time, facilitate the entry in the F1 Championship for new Teams. These measures are in line with what has been already decided in 2009 within FOTA, achieving important savings on engines and gearboxes.

All FOTA teams have entered the 2010 championship on the basis that:

1)    The Concorde Agreement is signed by all parties before 12th June 2009, after which all FOTA teams will commit to competing in Formula One until 2012. The renewal of the Concorde Agreement will provide security for the future of the sport by binding all parties in a formal relationship that will ensure stability via sound governance.

2)    The basis of the 2010 regulations will be the current 2009 regulations, amended in accordance with proposals that FOTA has submitted to the FIA.

All FOTA teams’ entries for the 2010 FIA Formula One World Championship have been submitted today on the understanding that (a) all FOTA teams will be permitted to compete during the 2010 Formula One Season on an identical regulatory basis and (b) that they may only be accepted as a whole.

All FOTA teams now look forward with optimism to collaborating proactively and productively with the FIA, with a view to establishing a solid foundation on which the future of a healthy and successful Formula One can be built, providing lasting stability and sound governance.
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