FOTA hold meeting regarding the 2010 regulations

The Formula One Teams Association came together for a meeting regarding the proposed regulations for the upcoming season. The teams are somewhat at odds with the FIA regarding some possible introductions, including the winner takes all championship system, and today's meeting was one of the many steps that need to be taken in order to evaluate both party's propositions.

FOTA press release:

"The FOTA Executive Committee met today in Heathrow to examine the new regulations proposed by the FIA for the 2010 F1 Championship and to evaluate the progress of the negotiations with the Commercial Rights Holder for the renewal of the Concorde Agreement.

FOTA held a positive and constructive meeting and agreed to continue working together in a methodical manner for the definition of further cost- reduction in 2010 and 2011, progressing along the path begun in 2008. FOTA has concerns with the decisions taken at the last WMSC meeting regarding the 2010 regulations and therefore asks to begin urgent consultations with the FIA."