Notebook: Rideless Benson eyeing quick return Jun 25, 2009
Mosley said he will not seek re-election after reaching a deal to keep eight rebel Formula One teams from forming their own series. Mosley has been the president of the FIA, the international federation that governs Formula One, since 1993. (SportsIllustrated.CNN -- Racing)
FIA, FOTA ward off F1 breakaway threat Jun 25, 2009
PARIS: FIA president Max Mosley reached a deal Wednesday to stop eight rebel Formula One teams forming a breakaway series and says he will not now stand for re-election. Mosley ceded to the Formula One Teams Association's insistence that a voluntary 40-million pound ($65 million) budget cap from next season would be scrapped. (India Times, India)
F1 crisis ends Jun 25, 2009
The Formula One Teams Association (FOTA), headed by Ferrari president Luca di Montezemolo, had objected to the budget cap which they felt could lead to a two-tier series with the teams agreeing to the cap being allowed greater technical freedom. FOTA had said the teams were already cutting costs individually to cope with the global economic crisis and that no overall regulation was needed. (The Star Online, Malaysia -- Sports)
Max Mosley may run for a 5th term as FIA chief Jun 24, 2009
PARIS (AP) -- Max Mosley may run for a fifth term as FIA president after Formula One teams announced plans to break away from the sport because of a dispute over a planned budget cap ... "It is extraordinary that at a time when all five manufacturers involved are in great financial difficulty and relying on taxpayers money, their Formula One teams should threaten a breakaway series in order to avoid reducing their Formula One costs.'' Despite being caught in a tabloid sting operation and... (SportsIllustrated.CNN -- Racing)
Mosley: F1 teams will not force me out Jun 24, 2009
Eight Formula One teams, including champions Ferrari, have said they are preparing to set up their own series after failing to resolve differences with the FIA on next year s rules and a planned budget cap. The Formula One Teams Association (FOTA) wrote to the world motor sport council members earlier this month asking them to intervene to facilitate solutions in what was seen as an attempt to bypass Mosley. (The Star Online, Malaysia -- Sports)
FIA panel meet amid threat of F1 breakaway series Jun 24, 2009
Motor sport's ruling body opened what could be an acrimonious meeting at its Paris headquarters on Wednesday, nearly a week after Formula One teams announced plans to set up a rival series ... The dispute between the Formula One Teams Association representing eight of the current 10 F1 teams and the FIA centers on the teams' objection to the ruling body's planned introduction of a budget cap for the 2010 season. (San Francisco Chronicle -- Sports)
Mosley ready to drop legal action, seeks peace Jun 23, 2009
SILVERSTONE (England): Max Mosley is prepared to drop his plans for legal action and instead seek settlement with the rebel Formula One teams planning a breakaway series, according to unconfirmed reports circulating Silverstone on Sunday evening ... According to a poll conducted by Sky Italia, 91% of their viewers supported the stance taken by the Formula One Teams Association (FOTA) in the row over budget caps with the ruling body, the International Motoring Federation (FIA). (The Star Online, Malaysia -- Sports)
F1 headed for the pit lane permanently Jun 23, 2009
However, most of the F1 teams comprising the Formula One Teams Association (FOTA) did not sit well with the new stipulations and last week announced that they would break away from F1. Only the Force India and Williams teams have committed to remaining with F1, along with three new entrants Campos, US F1 and Manor who have yet to build any grand prix cars. (The Star Online, Malaysia -- Business)
ROUNDUP Franchitti wins Iowa 250 ahead of Briscoe Jun 22, 2009
STILL REGULATORS: FIA President Max Mosley says his organization still would be the regulatory body for a breakaway series if it were formed by eight Formula One teams. Mosley told the Associated Press that he has informed the Formula One Teams Association that his International Automobile Federation would regulate any new series. (San Francisco Chronicle -- Sports)
Keselowski will hear plans Jun 22, 2009
Formula One breakaway: The president of motor sports' governing body said Sunday that legal action against the eight Formula One teams planning a breakaway series will be halted to encourage reconciliation. But in another twist to the standoff threatening to tear F1 apart, FIA president Max Mosley said that his organization would still regulate any rival championship. (News & Observer -- Sports)
Franchitti beats out Briscoe for IRL win Jun 22, 2009
- The president of motor sports' governing body said on Sunday that legal action against the eight Formula One teams planning a breakaway series will be halted to encourage reconciliation. But in another twist to the standoff threatening to tear F1 apart, FIA president Max Mosley said that his organization would still regulate any rival championship. (Erie Times-News, PA)
Mosley says FIA would regulate any rival series Jun 22, 2009
SILVERSTONE, England - The president of motor sports' governing body said on Sunday that legal action against the eight Formula One teams planning a breakaway series will be halted to encourage reconciliation ... After the Formula One Teams Association announced the split on Friday, the governing body had said that proceedings would be issued without delay due to "serious violations of law.". (MSNBC -- Sports)
Teams face up for an F1 showdown Jun 21, 2009
On Friday, after a day of intrigue and lengthy talks in the build-up to the British Grand Prix, the sport's ruling body, the Federation Internationale de l'Automobile (FIA) said it would take legal action against the Formula One Teams Association (FOTA) which threatened to begin a breakaway series. Ferrari, McLaren, Renault, BMW Sauber, Toyota, Brawn GP, Red Bull Racing and Toro Rosso, who are all under the FOTA banner, announced on Thursday that they would not sign up to next year's world... (Sydney Morning Herald -- Sport)
Mosley planning to keep post as FIA president Jun 21, 2009
The FIA is issuing legal proceedings against Ferrari, McLaren, Renault, BMW Sauber, Toyota, Brawn GP, Red Bull Racing and Toro Rosso after accusing them of "serious violations of law'' by launching a breakaway championship. That came after the eight outfits - united as the Formula One Teams Association - could not resolve their difference with FIA over plans to introduce a voluntary $65 million budget cap from next season. Mosley dismissed the move as an attempt to seize control of sport's... (SportsIllustrated.CNN -- Racing)
* F1: Vettel claims pole as the F1 spat rumbles on Jun 21, 2009
The governing body accused the Formula One Teams Association (FOTA) of serious violations of law. . (Taipei Times, Taiwan -- World)
McLaren: FIA has until July for F1 peace deal Jun 21, 2009
McLaren and the other Formula One Teams Association members entered into a second day of planning Saturday for a breakaway championship after talks with the FIA over entry for 2010 broke down. While FIA president Max Mosley is confident of a resolution, Whitmarsh told The Associated Press that the point of no return over the FOTA series would come within weeks. (SportsIllustrated.CNN -- Racing)
SIC monitoring dispute between F1 teams and FIA Jun 20, 2009
According to foreign news reports, eight F1 teams Ferrari, Brawn GP, McLaren, Renault, Toyota, BMW Sauber, Red Bull Racing and Toro Rosso are set to leave F1 after the Formula One Teams Association (FOTA) said it could not agree to the FIAs conditions. In light of the current economic downturn, the FIA in April announced that it was implementing an optional budget cap of 40mil for the 2010 season, with teams choosing to take up the budget cap being allowed greater technical freedom,... (The Star Online, Malaysia -- Business)
Force India disappointed by rival F1 series Jun 20, 2009
SILVERSTONE, England (AP): Force India described Friday plans by eight Formula One teams, including Ferrari, to form a rival series after refusing to participate in the 2010 F1 championship as "very sad and disappointing.". Force India and Williams will be the only current teams on the F1 grid next season after lodging unconditional entries, breaking ranks with the eight-strong Formula One Teams Association. (The Star Online, Malaysia -- Sports)
Howard, Zeier will call Georgia games Jun 20, 2009
The governing body accused the Formula One Teams Association of "serious violations of law." The breakaway came after Ferrari, championship leader Brawn GP and six other teams failed to resolve a dispute over the introduction of a budget cap for next season. WNBA. (The Augusta Chronicle)
F1 teams in breakaway series threat Jun 20, 2009
The Formula One Teams' Association announced it would not compromise on the quality of the series by signing unconditionally for next year's F1 season under the FIA's radical new plans for cost-cutting. The association also criticised the FIA's "uncompromising" stance and attempts, along with the commercial rights holder, to divide its member teams. (Sydney Morning Herald -- Sport)
F1 to sue group over plans for rival series Jun 20, 2009
The governing body accused the Formula One Teams Association of "serious violations of law." The breakaway came after Ferrari, championship leader Brawn GP and six other teams failed to resolve a dispute over the introduction of a budget cap for next season. "The actions of FOTA as a whole, and Ferrari in particular, amount to serious violations of law, including willful interference with contractual relations, direct breaches of Ferrari's legal obligations and a grave violation of competition... (FindLaw News)
Ferrari, McLaren hold key to success of rebel championship: Webber Jun 20, 2009
The Formula One Teams' Association announced it "would not compromise on the quality of the series" by signing up unconditionally for the 2010 F1 season under Mosley's plan to introduce a voluntary cap for teams to curtail a "financial arms race" in F1 ... Formula One teams to launch alternative championship. (Sydney Morning Herald -- Sport)
Motor Racing: FIA to start legal action against breakaway teams Jun 20, 2009
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Max Mosley plans to stay on as FIA president Jun 20, 2009
That came after the eight outfits-united as the Formula One Teams Association-could not resolve their difference with FIA over plans to introduce a voluntary $65 million budget cap from next season. Mosley dismissed the move as an attempt to seize control of sport's finances and decision-making bodies. (OregonLive, OR -- Sports)
F1 teams to launch alternative championship Jun 19, 2009
The Formula One Teams' Association announced it would not compromise on the quality of the series by signing up unconditionally for the 2010 F1 season under the FIA's radical new plans for cost-cutting. FIA president Max Mosley is insistent on introducing a voluntary $US60 million ($A75. (The Age, Australia -- Opinion)
F1 teams announce rival championship Jun 19, 2009
Formula One teams announce rival championship - CNN.com ... Formula One teams announce rival championship ... (CNN) -- Eight Formula One teams said Thursday they would create a breakaway series championship following a financial dispute with the world governing body over a proposed budget cap for next season. (CNN -- International)
Tigers shelve Willis, bench Ordonez Jun 19, 2009
AUTO RACING Formula One prepares for breakup Eight Formula One teams, including Ferrari and current championship leader Brawn GP, started preparations for a breakaway motor-racing series next year after failing to resolve their dispute with motor sport s governing body over financial constraints. FIA president Max Mosley was insistent on a voluntary $60 million budget cap for teams. (Boston Globe)
Formula One in turmoil as teams plan breakaway Jun 19, 2009
SILVERSTONE, England (AP) -- Eight Formula One teams began preparations for a rival series after failing to resolve their dispute with motor sport's governing body over financial constraints on Friday. Ferrari, which has participated since the first season in 1950, and current leader Brawn GP headed the list of Formula One Teams' Association members to announce the split ahead of Sunday's British Grand Prix. (SportsIllustrated.CNN)
F1 bosses put skids under teams stalling on new salary cap Jun 19, 2009
SILVERSTONE, England: The Formula One Teams Association has made a late attempt to resolve its feud with the sport's governing body over rule changes before Friday's deadline to unconditionally enter next season's championship. All 10 existing entrants were announced in next year's line-up by the FIA last week, despite an ongoing rift between them and FOTA. But the five teams yet to sign up unconditionally for next year's $US60 million ($75. (Sydney Morning Herald -- Sport)
F1 teams to break away Jun 19, 2009
Formula One was thrown into disarray on Thursday days ahead of the British Grand Prix as the Formula One Teams Association (FOTA) announced they would be setting up a rival championship to that organised by the sport's governing body the FIA next season. The Geneva-based FOTA who consist of McLaren-Mercedes, BMW Sauber, Renault, Toyota, Brawn GP, Ferrari, Red Bull and Toro Rosso have been opposed to FIA's plans to introduce rule changes over a proposed budget cap for next season and other... (iAfrica.com)
ALONSO: Two-time champ could bolt with Renault Jun 19, 2009
His Renault outfit is one of five members of the Formula One Teams' Association that must confirm on Friday whether they will sign up unconditionally to enter the 2010 season. FOTA has opposed plans by the ruling FIA to introduce a voluntary $60 million budget cap. (USA Today -- Sports)
F1 future uncertain Jun 19, 2009
"Fota is proud that it has achieved the most substantial measures to reduce costs in the history of our sport.". It continued: "The FIA and the commercial rights holder have campaigned to divide Fota.". (ITV news, UK -- News)
NASCAR cuts Long's suspension, but fine holds Jun 19, 2009
Formula One teams plan to form a breakaway racing series after failing to resolve their budget-cap dispute with the motor sports' governing body. The Formula One Teams' Association refused to sign up unconditionally for the 2010 F1 season after the FIA unveiled plans to introduce a voluntary $60 million budget cap. (Pittsburgh Post-Gazette, PA -- Sports)
F1 governing body 'not surprised' at sport's split Jun 19, 2009
Motor racing's governing body the FIA said Friday it was disappointed, but not surprised after the Formula One Teams Association (FOTA) announced it would set up a rival championship next season. FOTA's announcement late Thursday threw Formula One into disarray on the eve of this weekend's British Grand Prix after months of wrangling over the FIA's plans to introduce rule changes, most notably a budget cap, for next season in an attempt to revamp the sport. (Sydney Morning Herald -- World)
F1 teams cannot be allowed to set rules: FIA Jun 19, 2009
"The FIA is disappointed but not surprised by FOTA's inability to reach a compromise in the best interests of the sport," it said, referring to the Ferrari-led Formula One Teams Association's plan to set up their own series. "It is clear that elements within FOTA have sought this outcome throughout the prolonged period of negotiation and have not engaged in the discussions in good faith," added a statement. (India Times, India)
FIA: Financial arms race in F1 without budget cap Jun 17, 2009
Associated Press Sportsupdated 6:26 a.m. ET June 16, 2009. "As a result, the meeting could not achieve its purpose of comparing the FIA's rules with the FOTA proposals with a view to finding a common position."In default of a proper dialogue, the FOTA financial proposals were discussed but it became clear that these would not be capable of limiting the expenditure of a team which had the resources to outspend its competitors. (MSNBC -- Sports)
FIA predicts financial arms race in F1 w/o caps Jun 17, 2009
LONDON (AP) -Formula One's governing body is sticking to its plans for a budget cap to avoid a "financial arms race,'' despite threats from key teams to pull out of the sport if the plan is implemented. Ferrari and other teams say they will withdraw from competition unless plans for a voluntary $60 million budget cap are scrapped. All 10 current entrants were announced in the 2010 lineup by the FIA last week, despite an ongoing rift between them and the Formula One Teams Association FOTA... (SportsIllustrated.CNN -- Racing)
F1 teams prepared to start a breakaway series Jun 6, 2009
ISTANBUL (AP) -- The Formula One Teams Association could form a breakaway series if its conditional entry for next season's championship is rejected by governing body FIA.. FOTA said on Friday at the Turkish Grand Prix that it wasn't "bluffing'' over the possible threat, describing it as a "worst case scenario'' in the standoff over budget caps and other changes for next year. (SportsIllustrated.CNN -- Racing)
No Apologies Jun 5, 2009
"This year it's more a fight between teammates. This is not good.'' Rules are likely to get even more interesting from 2010. The Formula One Teams Association and FIA remain at loggerheads over the future of the sport, especially a $60 million budget cap that the governing body wants to push through. Ferrari has threatened to quit over the cap, while FIA president Max Mosley has challenged the 10 teams to break away and start their own series. "We've been doing (the rules) for 60 years and we'll... (SportsIllustrated.CNN -- Racing)
Former F1 driver Wurz now wants to become team boss Jun 3, 2009
He added that plans remained fluid while the 2010 rules remained up in the air, with the Formula One Teams Association (FOTA) demanding the governing FIA scrap plans for a 40mil (US$64. 14mil) budget cap next year. (The Star Online, Malaysia -- Sports)
* F1 teams meet entry deadline for 2010 championship May 31, 2009
All 10 Formula One teams met Fridays deadline to enter cars for next season, ending a threatened pullout by Ferrari and others in a dispute over a planned budget cap. The Formula One Teams Association (FOTA) said it submitted conditional entries from nine teams X Brawn, BMW Sauber, Ferrari, Force India, McLaren, Red Bull, Renault, Toro Rosso and Toyota. (Taipei Times, Taiwan -- Business)
Reutimann gets Dover pole May 30, 2009
F1 field set: All 10 Formula One teams met the deadline to enter cars for the 2010 season, ending a threatened pullout by Ferrari and others in a dispute over a planned budget cap. The Formula One Teams Association said it submitted conditional entries from nine teams - Brawn, BMW Sauber, Ferrari, Force India, McLaren, Red Bull, Renault, Toro Rosso and Toyota. (News & Observer -- Sports)
Ferrari pulling out of Formula One recedes May 30, 2009
A statement by the Formula One Teams Association (FOTA) said all of their members had met a deadline imposed by the governing International Automobile Federation (FIA). Ferrari, former champions Renault, Toyota and the two Red Bull teams had threatened to walk away if the 2010 regulations were not rewritten in a row over a proposed 40mil (US$64. (The Star Online, Malaysia -- Sports)
Motor Racing: Teams submit entries for 2010 F1 championships May 30, 2009
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Pullouts avoided, all F1 teams entered for 2010 May 30, 2009
GENEVA (AP) -- All 10 Formula One teams met Friday's deadline to enter cars for the 2010 season, ending a threatened pullout by Ferrari and others in a dispute over a planned budget cap. The Formula One Teams Association said it submitted conditional entries from nine teams - Brawn, BMW Sauber, Ferrari, Force India, McLaren, Red Bull, Renault, Toro Rosso and Toyota. (SportsIllustrated.CNN -- Racing)
F1 teams look set to meet entry deadline for 2010 May 29, 2009
GENEVA(AP) A standoff between Formula One teams and the sport s governing body over a budget cap appears close to being settled Friday with teams preparing to meet an entry deadline for the 2010 season. The Formula One Teams Association was expected to deliver application forms on behalf of nine teams - Brawn, BMW Sauber, Ferrari, Force India, McLaren, Red Bull, Renault, Toro Rosso and Toyota - at the Geneva office of governing body FIA. The 10th team, Williams, lodged its entry earlier this... (Yahoo News -- Auto Racing)
Williams suspended from F1 teams' association May 28, 2009
Posted: Wednesday May 27, 2009 10:09AM; Updated: Wednesday May 27, 2009 10:09AM (SportsIllustrated.CNN -- Racing)
Williams first team to confirm entry for 2010 season May 26, 2009
Responding to a tipoff to Reuters from another source, Williams chief executive Adam Parr confirmed the entry yesterday but stressed the team remained committed to the Formula One Teams Association (FOTA). The unity of FOTA is of paramount importance to Williams, he said. (The Star Online, Malaysia -- Sports)
Williams reveal 2010 F1 championship entry May 26, 2009
Williams are first of the 10 current Formula One teams to confirm 2010 entry ... (CNN) -- Williams have become the first of the 10 current Formula One teams to confirm their entry for the 2010 world championship ... With the deadline for entries closing on Friday, Williams have been forced to act, making it clear their position in no way undermines the unified efforts of the Formula One Teams' Association in their ongoing debate with governing body FIA with regard to next year's proposed rule... (CNN -- International)
Motor Racing: Williams break ranks as F1 teams send ultimatum May 26, 2009
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Max: Budget cap could be phased in May 25, 2009
MONACO: Formula One teams may get a year s grace before having to race with a 40mil budget cap, International Automobile Fede--ra--tion (FIA) President Max Mosley said yesterday. (There could be) a higher figure (next year), and then going to the full cap in 2011, he told Reuters at the Monaco Grand Prix after meeting team principals. (The Star Online, Malaysia -- Sports)
Mosley: We're getting closer to budget cap deal May 25, 2009
FIA president Max Mosley says an agreement is close with Formula One teams over the disputed budget cap. Mosley had wanted teams to agree to a E45 million ($A80 million) cap from 2010 that is now expected to be pushed back a year after a weekend of negotiations with the Formula One Teams Association at the Monaco Grand Prix. (Sydney Morning Herald -- Sport)
Ferrari: No deal yet between F1 teams and FIA May 23, 2009
MONACO (AP) -- Ferrari president Luca di Montezemolo said no agreement was reached between Formula One teams and FIA president Max Mosley in talks on Friday over a planned budget cap. The Formula One Teams Association met with Mosley after Ferrari threatened to pull out of the series following the FIA president's plans to introduce a voluntary team budget cap of $60 million starting in 2010. (SportsIllustrated.CNN -- Racing)
> Dark clouds over Monaco May 23, 2009
Renault boss Flavio Briatore's 'Force Blue', a towering vessel with three floors and enough space for the event, will host the Formula One Teams' Association (FOTA) crisis talks ahead of a probable meeting with FIA president Max Mosley. In the wake of Ferrari's failed attempt to block the International Motoring Federation (FIA) from going ahead with its plans for a 40-million budget cap next year, the teams know they need to find a solution to their current crisis as quickly as possible. (iAfrica.com)
Motor Racing: Williams F1 driver Rosberg fastest at Monaco May 23, 2009
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Ecclestone sees no quick fix for Grand Prix crisis May 22, 2009
MONACO: Most current Formula One teams are unlikely to submit entries for next years championship by a May 29 deadline, commercial supremo Bernie Ecclestone said yesterday ... The Formula One Teams Association (FOTA), of which Howett is vice-chairman, will meet in Monaco today to discuss the situation after a meeting with Mosley in London last week ended in stalemate. (The Star Online, Malaysia -- Sports)
Ecclestone fears Ferrari exit May 22, 2009
The teams, who must lodge their entries for next year by May 29 - after which vacancies may be filled by new teams bidding to enter the sport - will discuss the problems at a meeting of the Formula One Teams Association (AFOTA) in Monaco on Friday. Ecclestone said he was not optimistic that a solution would be found before the deadline. (India Times, India)
Celizic: Danica cant carry IRL May 20, 2009
Patrick also has had feelers from Formula One teams in Europe. She says she loves the open-wheeled Indy Racing League cars, but shes also shown a keen head for self-promotion. (MSNBC -- Sports)
Ferrari likely to be engaged in protracted legal battle with FIA May 19, 2009
He maintained, however, that Ferrari had effectively forfeited their right to veto changes to the technical rules by forming the Formula One Teams Association, chaired by Montezemolo, last season. It would be our contention that they walked away from this agreement some time ago, said Mosley. (The Star Online, Malaysia -- Sports)
Can Formula One Run Without Ferrari? May 17, 2009
"It's a very dangerous time to enter," says a former adviser to Formula One teams. "They enter on the understanding the budgets will be as low as they're now being predicted, or that the rules will be as stable as they're now being described. But we've seen it before things can change very, very quickly.". (Time.com)
Formula One teams prepare for crisis talks with FIA president May 16, 2009
LONDON: Formula One teams prepared for crisis talks with world motorsport head Max Mosley yesterday to try and stave off the threat of world champions Ferrari and others walking away ... The Formula One Teams Association (FOTA), chaired by Ferrari president Luca di Montezemolo, were holding a meeting of their own at a Heathrow airport hotel before facing Mosley and Ecclestone in the afternoon. (The Star Online, Malaysia -- Sports)
Auto Racing Notes May 16, 2009
Formula One teams failed to resolve the dispute over a proposed budget cap in a meeting Friday with FIA president Max Mosley, and Ferrari took legal action in a French court to stop the measure. Team owners met with Mosley and F1 boss Bernie Ecclestone at a London hotel to discuss a proposal that many teams believe will create a two-tier championship. (Erie Times-News, PA)
* Sports Briefs May 16, 2009
Formula One teams were to hold crisis talks with world motorsport head Max Mosley yesterday to try to stave off the threat of world champions Ferrari and others walking away. In what amounts to a high stakes game of blink, the International Automobile Federation president and 10 teams are facing off, with each side adamant they are not bluffing and seemingly determined to out-stare the other. (Taipei Times, Taiwan -- Sports)
F1 teams meet Mosley, Ecclestone over budget cap May 15, 2009
Formula One teams gathered for meetings with the sport's administrators Friday to try to resolve the budget cap dispute that could lead Ferrari and others to pull out of the championship next year. More Sports. (San Francisco Chronicle -- Sports)
Its Renaults turn May 15, 2009
The French manufacturer also expressed frustration the FIA had completely ignored the Formula One Teams Associations (FOTA) own cost saving proposals. Our aim is to reduce costs while maintaining the high standards that make F1 one of the most prestigious brands on the market, said Briatore. (The Star Online, Malaysia -- Sports)