News Details

Formula One Teams' Association collapses

The group which acts on behalf of Formula One teams was disbanded Friday because of financial issues, likely giving more control of the sport's future to Bernie Ecclestone. The Formula One Teams' Association was established six years ago to safeguard interests at the onset of the global financial crisis, and ensure the teams were unified in negotiations with Ecclestone and governing body FIA. But FOTA began to fracture in 2011 when leading teams, including Ferrari and Red Bull, quit in a dispute about cost reduction moves within motor racing's premier sport. Now FOTA has collapsed completely over unpaid subscription fees and a failure to strike an agreement with all 11 teams after only...
Full Story »
1y ago from F1Pulse.com 0
Share

You May Also Be Interested In...

Formula 1 teams' association collapses

A group that acts on behalf of Formula One teams is being disbanded...
1y ago from SuperSport.com

Formula One Teams' Association collapses

London:  A group that acts on behalf of Formula One teams is being...
1y ago from NDTVSports.com

Renault teams continue to face issues in Bahrain test

Renault-powered teams continued to struggle on the opening day of the...
1y ago from F1Pulse.com

Renault Q&A: We have made some progress

Q. What were the key steps taken between Jerez and Bahrain? Rob White: We...
1y ago from TheF1Times.com

Elsewhere On The Network

Popular On MotoGPToday.com

Miller: “We are making steps forward”

Jack Miller is confident his team is moving in the right direction as...
1h ago from MotoGP.com

Rossi: Your team-mate is the first enemy

Yamaha team-mates Valentino Rossi and Jorge Lorenzo are now first and...
3h ago from Crash.net

Can Ducati end its losing streak at Mugello?

It’s been almost five years since a Ducati rider last won a MotoGP race...
5h ago from Motorsport.com

Riders relish unique Mugello challenge

Rossi, Lorenzo, Iannone, Dovizioso, Marquez and Petrucci gathered in...
3h ago from MotoGP.com

Popular On IndyCarToday.com

IndyCar: Wilson hoping for more with Andretti

Veteran Indy car driver Justin Wilson has been presented with a series of...
2h ago from Racer.com

Video: Drivers preview 'Dual in Detroit'

No description available...
6h ago from GPUpdate.net

Round Table Recap - Round 6 - Indianapolis 500

It's Wednesday, which means INDYCAR announced their post-event penalties...

IndyCar hands down Indianapolis 500 penalties

James Davison’s Dale Coyne Racing squad was handed a $10,000 fine as...
20h ago from SpeedCafe.com

Popular On TotalWRC.com

Olsbergs MSE Ford returns to Global Rallycross to...

2015 championship season opens this weekend in Fort Lauderdale Charlotte,...
5h ago from Motorsport.com

Portugal driver report: Part 2

Thierry Neuville (Hyundai i20)A pretty miserable weekend for the likeable...
6h ago from WRC.com

Erik Carlsson 1929-2015

Swedens 'Mr Saab' and a pioneer of left-foot braking
10h ago from WRC.com

Portugal driver report: Part 1

Jari-Matti Latvala (VW Polo R)Victory in Portugal came at just the right...
1d ago from WRC.com

Popular On GunnersToday.com

Nicholas: Walcott must start

Charlie Nicholas has warned Arsene Wenger that he must start Theo Walcott...
2h ago from SkySports.com

Arsenal set to battle Man United for £21.3m...

Arsenal are ready to take on Manchester United for the signature of...

Arsenal flop close to agreeing Galatasaray transfer

Arsenal winger Lukas Podoslki, who has spent the second half of...
4h ago from CaughtOffside.com

'Arsenal have the best fans in England'

In the build-up to Arsenal’s FA Cup final against Aston Villa on...
5h ago from Arsenal.com

Comments

comments powered by Disqus

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.