Posted on December 2, 2011
The decision of two of the most powerful teams in F1, Ferrari and Red Bull, to quit the Formula One Teams Association over the ‘stalemate’ in the organisation, leaves questions about whether the institution will survive. And if it does not, will F1 again descend into a spending arms race between a few wealthy teams? FOTA was formed in September 2008 to represent the interests of the F1 teams in dealings with the FIA and Bernie Ecclestone’s organisation. It was designed to prevent a repeat of what happened in 2005 when Ferrari broke ranks with the other manufacturers who were More…
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