News Details

FOTA 'at risk of collapse'

The Formula One Teams' Association could be at risk of collapse by the end of the month according to reports in the British media, with suggestions that 'substantial financial problems' could prove to be its undoing.Set up in 2008 to allow the teams to have a better collective voice in negotiations, FOTA now only represents seven of the competing teams on the grid.According to the Daily Telegraph, the body is now facing financial problems caused by unpaid subscription fees and has yet to agree on a mandate for its future plans without its chairman Martin Whitmarsh, who has been replaced as head of the McLaren F1 team after a tough 2013.Sources have now revealed that decision needs to be...
Full Story »
3y ago from Crash.net 0
Share

You May Also Be Interested In...

FOTA on verge of collapse

The Formula One Teams' Association could collapse before "the end of...
3y ago from PlanetF1.com

FOTA on the verge of collapse

Martin Whitmarsh's absence has compounded issues for FOTA Sutton Images...
3y ago from espnF1.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...
3y ago from GrandPrix247.com

Two addition F1 teams a possibility

According to reports in the Italian media, Formula One could have not...
3y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Hayden's funeral to take place on Monday

– Nicky Hayden's funeral will be held in his home town of...
1d ago from GPUpdate.net

Rossi taken to hospital after motocross crash

Rossi crashed while training on his motocrosser and was taken to Rimini...
3d ago from BikeSportNews.com

Rossi to continue his recovery at home

amaha rider Valentino Rossi has been discharged from hospital, following...
2d ago from GPUpdate.net

No further medical complications for Rossi

– Yamaha says Valentino Rossi is making "positive...
2d ago from GPUpdate.net

Popular On IndyCarToday.com

Sato denies Castroneves to win Indianapolis 500

Takuma Sato became the first Japanese driver to win the Indianapolis 500...

Video: Scott Dixon's massive smash

Scott Dixon survives a horrific crash at the Indy500 after colliding with...
4h ago from GPUpdate.net

Popular On TotalWRC.com

Østberg tops Fafe jumpers

Østberg tops Fafe jumpers High-flying Mads Østberg was king of the...
13h ago from WRC.com

Sainz rolls back the years

Sainz rolls back the years Rallying legend Carlos Sainz turned back the...
2d ago from WRC.com

Lappi positive after Portugal points

Finn rounds off successful World Rally Car debut with Power Stage points
2d ago from WRC.com

Carlos Sainz drives Rally Portugal's Fafe stage with...

Two-time World Rally Champion Spaniard back at the wheel of a rally car on...

Popular On GunnersToday.com

What the HELL is he doing? Arsenal medic goes viral...

BBC Arsene Wenger failed to spot his backroom staff doing something...
4h ago from DailyStar.co.uk

Rob Holding 'lost for words' after FA Cup win over...

Arsenal defender Rob Holding has admitted that he was "lost for...
7h 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.