The Formula One Teams Association (FOTA) appointed Ferrari president Luca di Montezemolo as their first chairman on Thursday after an inaugural meeting at the Italian Grand Prix. The 10 teams set up the association to work with the governing International Automobile Federation (FIA) and commercial rights holders to find ways of improving the show while spending less and increasing revenue.
Force India face suspension from the Formula One Teams Association (FOTA) for breaking with the group by submitting an unconditional entry for next year's championship, Toyota's John Howett said Friday. 'I think that it is the intention of FOTA to suspend them,' Howett, vice-chairman of FOTA, told a news conference at the Turkish Grand Prix.
Toyota have offered Kimi Raikkonen a deal for next season but the 2007 Formula One champion's management wants more, according to the team's motorsport president John Howett. The party-loving Finn has said he wants to be in a competitive car, and Toyota have yet to win a race since they entered the sport in 2002.
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