Posted on July 2, 2012

[Updated 3rd July] Despite much talk and a lot of effort behind the scenes, the deadline for agreeing a new package of cost control rules for next season came and went on June 30. This date was important because it was the date by which things could be passed by a majority. After that unanimity would be needed. There is talk of extending the deadline to a new one of July 24th. But if the original deadline has passed, many are asking what force a new deadline will have. And now the teams and the FIA are in something of More…

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