http://sg.news.yahoo.com/rtrs/20090619/tsp-motor-racing-prix-fia-81ea673.html
Motor racing-F1 teams cannot be allowed to set rules, says FIA
Reuters
Reuters - Friday, June 19
By Alan Baldwin
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SILVERSTONE, England, June 19 - Formula One's governing body insists it will not be held to ransom by the eight teams threatening to form a breakaway series in a row over the submission of unconditional entries for next season's championship.
The International Automobile Federation added that it would publish a revised list of entrants to its championship on Saturday.
"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.
"The FIA cannot permit a financial arms race in the Championship nor can allow FOTA to dictate the rules of Formula One.
It said the deadline for unconditional entries to its championship would expire as planned later on Friday.
FOTA issued a statement on Thursday night at the British Grand Prix saying that BMW-Sauber, Brawn, Ferrari, McLaren, Red Bull, Renault, Toro Rosso and Toyota would start to prepare for their own championship from 2010.
Former champions Williams and Force India have committed to the FIA championship along with the new Campos, Manor and U.S. F1 teams.
The FIA had set a Friday deadline for the remaining teams to make their entries unconditional or risk exclusion in favour of would-be new competitors.
The eight FOTA teams had submitted entries conditional on the 2010 rules, which include a controversial budget cap, being rewritten and the signing of a new commercial agreement. (Reporting by Alan Baldwin; Editing by John O'Brien; To query or comment on this story email [email protected])
Motor racing-F1 teams cannot be allowed to set rules, says FIA
Reuters
Reuters - Friday, June 19
By Alan Baldwin
ADVERTISEMENT
SILVERSTONE, England, June 19 - Formula One's governing body insists it will not be held to ransom by the eight teams threatening to form a breakaway series in a row over the submission of unconditional entries for next season's championship.
The International Automobile Federation added that it would publish a revised list of entrants to its championship on Saturday.
"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.
"The FIA cannot permit a financial arms race in the Championship nor can allow FOTA to dictate the rules of Formula One.
It said the deadline for unconditional entries to its championship would expire as planned later on Friday.
FOTA issued a statement on Thursday night at the British Grand Prix saying that BMW-Sauber, Brawn, Ferrari, McLaren, Red Bull, Renault, Toro Rosso and Toyota would start to prepare for their own championship from 2010.
Former champions Williams and Force India have committed to the FIA championship along with the new Campos, Manor and U.S. F1 teams.
The FIA had set a Friday deadline for the remaining teams to make their entries unconditional or risk exclusion in favour of would-be new competitors.
The eight FOTA teams had submitted entries conditional on the 2010 rules, which include a controversial budget cap, being rewritten and the signing of a new commercial agreement. (Reporting by Alan Baldwin; Editing by John O'Brien; To query or comment on this story email [email protected])
