News Details

FOTA on verge of collapse

The Formula One Teams' Association could collapse before "the end of the month", according to a report in the British press. Formed in 2008, FOTA's initiative was to put the teams' interests first, speaking as one voice. However, as the years have gone by, FOTA's influence has lessened to the point that it only comprises seven teams after the likes of Ferrari and Red Bull withdrew. According to the Telegrah, FOTA "faces unpaid subscription fees, deadlock among the 11 teams about its purpose, and the loss of its chairman and principal cheerleader. "Sources at FOTA said it is suffering "substantial" financial problems, and had until the end of the month to...
Full Story »
2y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Two addition F1 teams a possibility

According to reports in the Italian media, Formula One could have not...
2y ago from PlanetF1.com

Two new teams in running for Formula 1 entry in 2015

Two new teams in running for Formula 1 entry in 2015 11 February, 2014...
2y ago from GrandPrix247.com

Teams release video funnies

Formula 1 teams may have retreated to their factories for two weeks of...
2y ago from SkySports.com

McLaren supplying LCD readout to rival teams

McLaren is supplying a standard LCD steering wheel display to fellow...
2y ago from GrandPrix.com

Elsewhere On The Network

Popular On MGPToday.com

Mugello Expert Opinion: Casey Stoner

Without doubt Andrea Iannone and the Desmosedici GP had the pace to run...
10h ago from MotorcycleNews.c...

Analysis: Why struggling Honda had to redesign its...

While Honda admits the deficiencies of its new MotoGP engine, the Japanese...
1d ago from Motorsport.com

Redding’s race ended by warning lights

Scott Redding’s chances at a strong finish in front of Ducati top brass...

Binder not thinking about title race

Brad Binder says he’s doing his best not to think about the 2016 Moto3...

Popular On IndyCarToday.com

Indy 500 sell-out sees 66-year TV blackout lift

The sell-out of the historic 100th running of the Indianapolis 500 has...
2h ago from SpeedCafe.com

Franchitti on Chilton crash: "He doesn't know...

Chip Ganassi Racing team advisor Dario Franchitti isn't placing blame on...
22h ago from Motorsport.com

MILLER: The scars and stars of '96

Page 1 of 2 Twenty years ago the political pendulum cut a swath through...
10m ago from Racer.com

Emotional Indy 500 pole for Hinchcliffe

James Hinchcliffe will start the 100th running of the Indianapolis 500...
13h ago from Crash.net

Popular On TotalWRC.com

Portugal driver report: part 2

Portugal driverreport: part 2 We look at how the leading drivers coped at...
2h ago from WRC.com

Neuville: 'These things can happen'

Philosophical approach to Portugal exit
4h ago from WRC.com

Merzouga Bikes, Stage 3: Rodrigues in top 10 as Svitko...

Hero MotoSport riders continued to make progress in stage three of...
11h ago from Motorsport.com

Third annual Global Rallycross Washington DC returns...

RFK Stadium will once again play host to Red Bull GRC Washington DC,...
1h ago from Motorsport.com

Popular On GunnersToday.com

Arsenal £10m short in opening bid for priority...

According to reports from The Sun, Arsenal have tabled a £28million...

64-cap international set for Arsenal escape route

According to Turkish outlet Fanatik David Ospina is set to leave Arsenal...

Arsenal willing to sell star player to fund striker bid

Arsenal have suffered partial injury crisis up front this season with the...
5h ago from ArsenalFever.com

Comments

Hottest News

Recent News

2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.