Formula One’s governing body stuck has decided to stick to its guns after teams made a last-ditch attempt to resolve a crisis that threatens to tear the sport apart
FIA president Max Mosley said in a letter to the eight members of the Formula One Teams Association that there could be no extension to a Friday deadline for them to enter the 2010 championship unconditionally.
However, he added that if they accepted the controversial 2010 rules as published - including a budget cap - the measures could be revised “in due course”.
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FOTA, whose members have threatened to walk away and set up a rival series, had written to Mosley and Formula One’s commercial supremo Bernie Ecclestone on Tuesday seeking to break the deadlock after weeks of argument.
“The time has come when, in the interests of the sport, we must all seek to compromise and bring an urgent conclusion to the protracted debate regarding the 2010 world championship,” they said.
The FOTA letter said all members were willing to commit to the sport until the end of 2012 and called for the Friday deadline to be extended to July 1 to allow for further talks and the signing of a new confidential Concorde Agreement. Yahoo! Eurosport
Formula One’s governing body the FIA suggested here on Wednesday that talks with the racing teams over budget restrictions be frozen, allowing time to defuse the row between the two sides.
“If we start to modify the governance provisions…a lengthy discussion will begin. There is no time left for this,” FIA president Max Mosley said in a letter to the Geneva-based Formula One Teams Association (FOTA).
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Previously the FIA set a deadline of Friday, June 19 to approve applications for the 2010 Formula One circuit.
Mosley said more time was needed to examine counter-proposals from FOTA about the rule changes aimed at cutting costs in the sport. In the meantime he suggested the two parties should continue working under the existing 1998 rules. AFP
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