FOTA (Formula One Teams Association) reportedly walked out of a FIA technical meeting in Germany. The FIA was holding a routine Technical Working Group meeting at the Nurburgring in order to finalize Formula 1 rules for the 2010 season. This is the latest incident to raise new doubts about the recent agreement between FOTA and the FIA to hold a unified championship for the 2010 season. FOTA has even announced that they are still keeping the option open for a breakaway race series.
Source: Autosport.com
A deal has finally been reached between the FIA and FOTA (Formula One Teams Association), which will ensure there will be one unified Formula 1 Championship in 2010. FOTA, comprised of eight Formula 1 teams, banded together in response to the FIA’s proposal to place a budget cap of $65 million per team. After much bitter debate, FOTA announced that they would break free of Formula 1 and the FIA to form their own racing championship. After being served this ultimatum, Formula 1 Supreme Leader Bernie Ecclestone was forced to negotiate in order to save his empire.



The only Formula 1 Grand Prix in North America last year was the Canadian Grand Prix, and in case you haven’t checked this year’s schedule yet, North America has been excluded completely.




