FOTA and FIA move closer

Eight teams moving towards an agreement ahead of Friday deadline

Last updated: 9th June 2009   Subscribe to RSS Feed

FOTA and FIA move closer

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The Formula One Teams' Association isbelieved to be edging closer to an agreement with the FIA before it is announced who will be competing in 2010.

FIA president Max Mosley sent a letter to FOTA urging the teams to submit an unconditional entry for next year, in return offering to sit down with all confirmed entrants to listen to their proposals regarding future regulations.

There are eight remaining teams in FOTA - Ferrari, BMW Sauber, Renault, Toyota, McLaren, Red Bull Racing, Toro Rosso and Brawn GP - left to make a decision before the end of the week.

The announcement of the entrants for next season will be made on Friday. Williams and Force India have alredy entered due to contractual obligations.

An FIA spokesperson said: "The FIA has received a letter and various attachments from FOTA, the contents of which are not entirely negative, and we are currently examining the details."

The eight teams have said they will sign up through to 2012 if this year's regulations are allowed to continue into next season.

FOTA is also looking for all parties - teams, FIA and Bernie Ecclestone's Formula One Management company - to re-sign the Concorde Agreement, which is a confidential commercial document governing the sport.