Stalemate between FIA and FOTA

Ferrari file injunction with French courts

Ferrari has stepped up the budget cap row by applying for an injunction in the French courts against the 2010 rules.

FIA President Max Mosley, who met with the F1 teams and Bernie Ecclestone at a Heathrow hotel on Friday, revealed the news as he emerged from the meeting.

Ecclestone also emerged from the meeting, as the FOTA group headed straight back into talks.

"The teams have gone off to see if they can come up with something better than the cost cap," Mosley told reporters. "We are prepared to listen to what they have to say."

He said the meeting was 'friendly,' but added: "It became apparent that Ferrari have made an application to the French courts to apply for an injunction to stop us doing what we want to do."

Mosley said he had not agreed to compromise on his plans, and that he doubts Ferrari will actually quit the sport.

“The principle of an enormous reduction in costs has been accepted,” Mosley told the BBC. “The teams are saying now that we think we can come up with a better way of doing this other than a budget cap. We say that’s very pleasing to hear, what have you got in mindWell we’re not quite sure but we want to talk about it.

So I said to them that it would be very difficult to improve on a budget cap because it’s something that everyone can understand, it’s a level playing field and the cleverest team is going to win.

“If they could think of something better, then obviously we would have to look at it but I’m very sceptical.”

Mosley went on to confirm that the concept of a two-tier series has been scrapped and that ‘exchange of information’ is one topic being discussed to pave the way for the potential new entrants. However, the FIA President remains unmoved on calls for the budget cap being increased above £40m.

“It’s an enormous amount of money, particularly when you take the engines, the drivers and the motorhome – all sorts of things – out of it. Top teams would still be spending about a 100 million.”

F1 : Stalemate between FIA and FOTA (updated) - FERRARI - F1-Live.com

Its Good FIA is giving the teams chance to think of an alternative...;)

Hope Ferrari Comes out wid some thing better than this

As of now FIA have said that they are enforcing the budget caps since they have enough new teams. So they have asked the older teams who are against it to start their own series if they want

Bad... Two parallel F1 type series would be really bad for the F1 brand. Look at the names of the teams ready to play..

The list of new entrants looking to enter the sport has now grown to ten and is as follows, in alphabetical order: Braham, Campos Meta F1, Epsilon Euskadi, Litespeed GP, Lola, March, N. Technology, Prodrive, Superfund and USF1.

It'll be difficult for people to associate F1 with these names rather than the likes of Ferrari, McLaren, Renault, etc...... and I'm sure the F1 name will be the property of Ecclestone's association..

BTW.. what will the new series be named as..??

lola and brabham (even won a championship afaik) were already in formula 1 previously afaik so I guess it wouldnt be so strange to see those names but the rest, i dont know. as someone said whats the point of seeing f3/a1gp cars on an f1 grid

edit , was just thinking about lotus when i made the above post and bang when i visit f1 live i see this tidbit

http://en.f1-live.com/f1/en/headline...07092018.shtml

Lola, Brabham were in F1 at some stage, and so did Litespeed as Lotus.