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 »
10y 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...
10y ago from SuperSport.com

Formula One Teams' Association collapses

London:  A group that acts on behalf of Formula One teams is being...
10y 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...
10y 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...
10y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Yamaha to bring brand new MotoGP bike at Jerez test

Fabio Quartararo and Alex Rins are set to test ride a brand-new Yamaha M1...

Popular On IndyCarToday.com

McLaughlin disputes IndyCar's claim that rules...

Scott McLaughlin was one of the two Team Penske IndyCar drivers that were...
15h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Manchester United 'identify top striker target this...

Manchester United reportedly view RB Leipzig's Benjamin Sesko as their...
1h ago from SportsMole.co.uk

'We need a crisis' - Jurgen Klopp rates Liverpool's...

Liverpool boss Jurgen Klopp says that his side need there to be 'a crisis'...
1h ago from SportsMole.co.uk

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.