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Friday, May 29, 2009

Remaining FOTA teams submit entries

Join Williams, Prodrive, USF1, Campos, Litespeed and Lola

The remaining FOTA teams have submitted conditional entries to run in the 2010 championship. With Williams already signed up, this means all 10 current teams are set to participate next season.

F1 GP of Monte Carlo, Monaco 20.-24. May 2009

There are a couple of big buts, however.

All FOTA teams have entered the 2010 championship on the basis that:

1) The Concorde Agreement is signed by all parties before 12th June 2009, after which all FOTA teams will commit to competing in Formula One until 2012. The renewal of the Concorde Agreement will provide security for the future of the sport by binding all parties in a formal relationship that will ensure stability via sound governance.

2) The basis of the 2010 regulations will be the current 2009 regulations, amended in accordance with proposals that FOTA has submitted to the FIA.

It remains to be seen if FOTA's compromise attempt will be accepted by FIA head Max Mosley.

It appears, with ten teams set to participate, there will be three openings left for new entries. USF1 and Campos had already submitted entries. Litespeed has also filed. Prodrive confirmed it applied today (grandprix.com is reporting Prodrive will become Aston Martin in 2012), and AUTOSPORT is reporting Lola has also submitted an entry.

That would seem to leave some on the outside looking in, unless an existing team were to pull out. Rumors have swirled about Renault (though Flavio Briatore might be willing to purchase the team from the French company) and Toyota.

Interestingly, grandprix.com also revealed Toyota-owned Fuji will no longer host the Japanese Grand Prix, adding fuel to rumors Toyota may be looking at an exit strategy.

Regardless, today's decision, should the compromise be accepted, seems to lock everyone in until 2012. We should know more soon. The next move is the FIA's, expected June 12.

Read FOTA's full statement here.

For the racing fans…


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