Gpma Launch New Website

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http://www.gpma-online.com/en/start.htm

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'GPMA' issue final deadline - 28 November 2005

F1's disgruntled band of carmakers, 'GPMA', is believed to have imposed a December 31 deadline on Bernie Ecclestone and the FIA to avert preparations for a 'breakaway'.

Germany's 'Financial Times' quoted BMW and GPMA bigwig Burkhard Goeschel as warning that TV deals and race track contracts are next on the list.

'Then there is no way back,' he alerted. 'All that's missing is the final decision - preparations are well underway.'

All the while, urging more signatures on his 2008 Concorde Agreement, F1 supremo Ecclestone insists that his and Bayerische Landesbank's sale of Formula One shares is 'super' for F1 teams.

'They should be happy,' he added, 'we have an investor that has chosen to own its stake.

'Nothing will change other than the shareholders.'

75-year-old Bernie, however, rejected much-vaunted speculation that part of the ultimate plan is to offer some of F1's ownership to the teams.

He insisted: 'They've had plenty of opportunities (for that).