Williams have been temporarily suspended from the Formula One Teams Association (FOTA). It follows Monday’s confirmation that Williams have lodged a formal entry for next year’s championship, despite the ongoing dispute between the teams and the FIA over the 2010 regulations.
“FOTA’s decision, although regrettable, is understandable,” said team principal Frank Williams after the news emerged from a meeting of team bosses in London on Wednesday. “However, as a racing team and a company whose only business is Formula One, with obligations to our partners and our employees, submitting our entry to next year’s championship was unquestionable.
"In addition, we are legally obliged under our contract with FOM and the FIA to participate in the world championship until the end of 2012.”
Teams have until this Friday (May 29) to submit their entries for 2010, but several have suggested they will not do so unless the FIA modifies plans to introduce an optional £40 million budget cap in exchange for more technical freedom.
During last weekend’s Monaco Grand Prix all ten teams wrote to the FIA, requesting that the existing 2009 technical rules be retained for next season to allow more time for the future framing of the Formula One regulations to be considered.
Source:
http://www.formula1.com
“FOTA’s decision, although regrettable, is understandable,” said team principal Frank Williams after the news emerged from a meeting of team bosses in London on Wednesday. “However, as a racing team and a company whose only business is Formula One, with obligations to our partners and our employees, submitting our entry to next year’s championship was unquestionable.
"In addition, we are legally obliged under our contract with FOM and the FIA to participate in the world championship until the end of 2012.”
Teams have until this Friday (May 29) to submit their entries for 2010, but several have suggested they will not do so unless the FIA modifies plans to introduce an optional £40 million budget cap in exchange for more technical freedom.
During last weekend’s Monaco Grand Prix all ten teams wrote to the FIA, requesting that the existing 2009 technical rules be retained for next season to allow more time for the future framing of the Formula One regulations to be considered.
Source:
http://www.formula1.com