Nine of the present incumbents - all save for Williams, who broke rank several days earlier - signed up to compete in the 2010 world championship at the eleventh hour at the end of last week, and on the strict proviso that the cap is not implemented.
The teams have argued that a reduction in expenditure from what is in some cases as much as £150 million or £200 million a year to an annual budget of just £40 million in time for the start of next season is simply unworkable.
Mosley, however, is adamant that the teams’ own draft for a new Concorde Agreement was finalised ‘so late’ as to make it impossible for it to be signed before the 12 June date for the announcement of successful 2010 candidates.
Click Here For More Formula 1 Photos
The Englishman has in any case dismissed most of FOTA’s claims and proposals as being “unrealistic”, and made it clear that he still has absolutely no intention at all of caving in and surrendering to their demands.
“We have done it for 60 years and we are going to continue to do it. It seems rather obvious that they (the existing teams) have been trying to make it difficult for the new teams,” Mosley said.
| 
|