Things are starting to get a little hot in the battle between the Forumla 1 Teams Association and Fédération Internationale de l’Automobile (aka the FIA). It seems that the two parties has a bit of an argument which resulted in 8 Forumla 1 teams, namely Ferrari, McLaren, Renault, BMW, Toyota, Red Bull and Toro Rosso (FOTA), to break away completely and announce that they will hold their own championship series in 2010.
Below are segments of the press release explaining the situation, courtesy of Autoblog:
“The teams cannot continue to compromise on the fundamental values of the sport and have declined to alter their original conditional entries to the 2010 World Championship.
“These teams therefore have no alternative other than to commence the preparation for a new Championship which reflects the values of its participants and partners. This series will have transparent governance, one set of regulations, encourage more entrants and listen to the wishes of the fans, including offering lower prices for spectators worldwide, partners and other important stakeholders.
“The major drivers, stars, brands, sponsors, promoters and companies historically associated with the highest level of motorsport will all feature in this new series.”
With such major brands breaking away from the FIA it will be very hard for the federation to hold their own. F1 fans need not worry as this is in favor of the series. Let’s wait and see how this unfolds.
Tags: BMW, brawn, breakaway, championship, F1, Ferrari, FIA, forumla 1, fota, McLaren, Race, red bull, Renault, series, toro rosso
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[...] 1 and the FIA in general have faced some trouble over the last year but perhaps once Mr. Mosley is no longer in office that can all be put to rest. [...]