An agreement has been reached between the FIA and the FOTA teams to prevent a breakaway Formula One series.
The original argument over budget caps led to an official announcement a few days ago that the FOTA teams, namely McLaren, BMW Sauber, Renault, Toyota, Red Bull Racing, Toro Rosso and Brawn GP, would quit the FIA-sanctioned F1 racing season at the end of the year and start their own series. FIA president Max Mosley was at the head of the controversy for creating the budget-cut rules for 2010.
However, after a meeting today between FOTA and the FIA, the two parties have agreed to continue with a single F1 racing event. The agreement now states that all teams now have to “try” to bring their budgets down to early-90s levels within two years, while Max Mosley will be forcefully retired when his position opens up for a new election this August.
Apparently the 2010 season will follow the same rules as 2009, with no specific budget limits.
Next time Max just agree to them or dont put rules that effect negatively to the sport.
“Apparently the 2010 season will follow the same rules as 2009, with no specific budget limits.”
Hey mash… how would you know…?