The Formula One Teams' Association announced on Thursday night that it has decided to setup a breakaway championship and not go into Max Mosley's proposals to enter Formula One under the cost cap regulations.
Also, they delay publishing of 2010 entry list. Seems like Max is not happy to start a new season without leading teams. I think that he always thought that FOTA won't go that far.hulmerist wrote:"The FIA is to issue legal proceedings without delay against the Formula One Teams Association following their threat to begin a breakaway series."
Press Release
The FIA and FOTA
19/06/2009
The FIA’s lawyers have now examined the FOTA threat to begin a breakaway series. The actions of FOTA as a whole, and Ferrari in particular, amount to serious violations of law including wilful interference with contractual relations, direct breaches of Ferrari's legal obligations and a grave violation of competition law. The FIA will be issuing legal proceedings without delay.
Preparations for the 2010 FIA Formula One World Championship continue but publication of the final 2010 entry list will be put on hold while the FIA asserts its legal rights.
That might not easily happen, because the teams that signed up have an official agreement with FIA at 40 million cap. The new teams would have the upper hand at court if FIA changed the rules. Mosley has pushed himself to a very tough corner.xpensive wrote:Anyone for a wager on MrM crawling for a last minute compromise today, giving it all up?
monkeyboy1976 wrote:The FIA still beleives that Ferrari and the Red Bull teams are bound by contract to race in 2010. This would leave Ferrari (the main component of any FOTA breakaway series) in a legal limbo with a protracted set of court proceedings to deal with and hence distrupt, if not scupper, the rival series.
Any thoughts?
Ferrari has already taken that to court and lost, they didnt follow the proper procedure, and they have no legal ground to stand on... it looks to me that their selling out of the GPMA the first time will come back to bite them in the ass for the sum of a couple hundred million pounds.vall wrote:monkeyboy1976 wrote:The FIA still beleives that Ferrari and the Red Bull teams are bound by contract to race in 2010. This would leave Ferrari (the main component of any FOTA breakaway series) in a legal limbo with a protracted set of court proceedings to deal with and hence distrupt, if not scupper, the rival series.
Any thoughts?
Ferrari says that they had rights to veto the proposed changes to the regulations. They did vote against, but FIA ignored that. So, Ferrari thinks their contract is no longer valid. We will see how things develop.
It was a French court. What happens if they proceed in Rome, or Geneva?ISLAMATRON wrote: Ferrari has already taken that to court and lost, they didnt follow the proper procedure, and they have no legal ground to stand on... it looks to me that their selling out of the GPMA the first time will come back to bite them in the ass for the sum of a couple hundred million pounds.
Why is that kilcoo? Because you and a few others crawled all over me when I suggested this same thing a week ago?kilcoo316 wrote:Here is a depressing quote. Although it is from autosport, which means its credibility has to be questioned.
Ecclestone's role in events is being seen as crucial now, with sources close to FOTA suggesting that the body would not be averse to him playing a role in its new championship.
FOTA would do well to ditch the odious little ---. He is not worth the hassle and money.
hmmm, if I remember correctly, the court recognized the right of veto but said that it is for another court to decide.ISLAMATRON wrote:Ferrari has already taken that to court and lost, they didnt follow the proper procedure, and they have no legal ground to stand on... it looks to me that their selling out of the GPMA the first time will come back to bite them in the ass for the sum of a couple hundred million pounds.vall wrote:monkeyboy1976 wrote:The FIA still beleives that Ferrari and the Red Bull teams are bound by contract to race in 2010. This would leave Ferrari (the main component of any FOTA breakaway series) in a legal limbo with a protracted set of court proceedings to deal with and hence distrupt, if not scupper, the rival series.
Any thoughts?
Ferrari says that they had rights to veto the proposed changes to the regulations. They did vote against, but FIA ignored that. So, Ferrari thinks their contract is no longer valid. We will see how things develop.
I would just do 1080p streaming flash from some servers in each country, and let any local station that wants to show it pick up the rights for a good price, and then they could keep all of the Ad money from the webstreams...tarzoon wrote:With so many TV channels around, I think they can sort it out.timbo wrote:What's the problem? This is new series and organizers are free to manage TV rights any way they want.Sawtooth-spike wrote:The Killer for FOTA will be TV rights, If they dont have that they are screwed!
The biggest killer is time, IMHO
