Tag Archives: sport

Formula One reach agreement over 2010

Max Mosley, the president of motorsport’s governing body the Federation Internationale de l’Automobile (FIA), has said there "will be a unified Formula One championship in 2010." The statement comes after Mosley spoke to the FIA’s World Motor Sport Council and the Formula One Teams’ Association (FOTA), at the governing body’s headquarters in Paris. It seems FOTA, as the representitive of all eight teams that had threatened to set up a rival series, have settled their differences with the controversial racing boss. Mosley has reportedly confirmed a cost-cutting deal has been reached with those concerned which has ensured a deal for the next season.

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Are the Wheels Coming Off of Formula One?

Formula One racing is a bit like evolution governed by an appeals committee: Winning races has long been relied on engineering innovations that give a race car that extra microsecond advantage, while the teams left in the dust cry foul and demand that the sport’s governing body, the Federation Internationale de l’Automobile , rule those innovations out. FIA supremo Max Mosley had hoped to tamp down what he calls the sport’s “financial arms race” by imposing a $66 billion annual spending cap on teams, but instead he appears to have provoked a walkout that could see some of the sport’s major names, such as Ferrari and McLaren, create a rival championship with fewer restrictions — and take the sport’s lucrative TV audience with them.

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Williams reveal 2010 F1 championship entry

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 changes

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Report: Court rules against Ferrari in F1 dispute

Ferrari have failed in their bid to obtain an injunction against the International Automobile Federation (FIA) and their decision to introduce a budget cap into Formula One from next season. Following a one-hour hearing at the Tribunal de Grande Justice in Paris, judges sided with FIA president Max Mosley’s organization, the British Press Association reported Wednesday

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Can Formula One Run Without Ferrari?

Formula One is all about twists and turns on the track. But now it’s the offtrack maneuvers that are revving up drama. Talks in London among the teams and authorities in motor sport’s blue-ribbon championship ended without agreement Friday, failing to settle an ugly row over plans by the FIA, Formula One’s governing body, to impose a voluntary $60 million budget cap on teams next year

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F1 team bosses in crisis talks

Some of the heaviest hitters in the world of motorsports were coming together Friday in London a bid to steer Formula One out of what is fast becoming a crisis. Max Mosley, president of the FIA, the International Automobile Federation, will be confronted at the meeting by the heads of Ferrari, Red Bull, Renault, Torro Rosso and Toyota. The teams have threatened to pull out of the sport if the FIA introduces sweeping budget cuts as planned next year

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Renault join Ferrari in F1 boycott

The Renault F1 team have shown a united front with Ferrari with a threat to boycott the 2010 Championship unless proposed rule changes are dropped by the sport’s governing body. The decision comes in the wake of plans by the Federation Internationale de l’Automobile (FIA) to introduce optional cost-caps and technical restrictions for competing teams. Renault stated on their official Web site that the decision by the FIA to introduce two sets of technical regulations has led to the team “reconsidering its entry in next year’s World Championship.” Renault F1 Team Managing Director, Flavio Briatore said: “We refuse to accept unilateral governance handed out by the FIA.

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