News for 'formula-one-teams-association'

Sauber to follow Ferrari out of FOTA

Sauber to follow Ferrari out of FOTA

Rediff.com9 Dec 2011

Sauber are to follow Ferrari and champions Red Bull out of the Formula One teams' association FOTA in a broadening rupture over cost-cutting measures in the sport.

Williams suspended by F1 teams association

Williams suspended by F1 teams association

Rediff.com28 May 2009

Williams were suspended from the Formula One Teams Association on Wednesday for entering the 2010 championship and breaking what had been a united front in a standoff with the governing body. The former champions are the only current team to have formally submitted an entry, with champions Ferrari and others threatening to leave the sport unless the 2010 rules are rewritten.

Ferrari, Red Bull withdraw from FOTA

Ferrari, Red Bull withdraw from FOTA

Rediff.com3 Dec 2011

World Champions Red Bull and rivals Ferrari will withdraw from the Formula One Teams Association (FOTA) after failure to reach agreement over cost cutting measures.

Formula One teams and FIA agree cost cuts

Formula One teams and FIA agree cost cuts

Rediff.com21 Oct 2008

Formula One teams and the sport's governing body said Tuesday that they had agreed "significant" cost savings for 2009 and 2010.

Kubica moved out of intensive care after crash

Kubica moved out of intensive care after crash

Rediff.com10 Feb 2011

Formula One teams used their cars to send Robert Kubica a 'get well soon' message on Thursday as the Renault driver was moved out of intensive care four days after his rally crash in Italy.

Hispania quit Formula One teams body FOTA

Hispania quit Formula One teams body FOTA

Rediff.com11 Jan 2011

Hispania (HRT) are no longer part of the Formula One Teams Association because they failed to pay their membership dues, the body's general secretary said.

Threat of F1 breakaway series revived

Threat of F1 breakaway series revived

Rediff.com9 Jul 2009

The threat of a breakaway Formula One series loomed again Wednesday after Ferrari and seven other teams walked out of talks in Germany with the governing body and warned that the sport's future was at risk.

FIA to sue Ferrari, breakaway teams

FIA to sue Ferrari, breakaway teams

Rediff.com19 Jun 2009

Formula One's governing body said on Friday it would sue champions Ferrari and other teams for planning a breakaway series. 'The FIA's lawyers have now examined the FOTA (Formula One Teams Association) threat to begin a breakaway series,' the International Automobile Federation (FIA) said in a statement at the British Grand Prix.

Williams and Force India rejoin teams association

Williams and Force India rejoin teams association

Rediff.com9 Sep 2009

Williams and Force India have rejoined the Formula One Teams' Association as full members after being suspended earlier in the season, FOTA said on Wednesday. The association, which represents the teams as a united body in talks with the governing FIA and commercial rights holder, said in a statement after an executive committee meeting it had welcomed them back while also remaining open to new entrants.

F1 future secured with Concorde Agreement

F1 future secured with Concorde Agreement

Rediff.com1 Aug 2009

The future of Formula One was secured on Saturday after the governing body (FIA) and the 12 teams signed a new Concorde Agreement to safeguard the sport until 2012.

Montezemolo unflustered by new Mosley threat

Montezemolo unflustered by new Mosley threat

Rediff.com27 Jun 2009

Ferrari president Luca di Montezemolo has avoided entering into a new public row with Max Mosley by largely ignoring the FIA president's fresh threats about the future of the Formula One.

Force India face suspension from F1 team body

Force India face suspension from F1 team body

Rediff.com5 Jun 2009

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.

F1 teams appoint Montezemolo as chairman

F1 teams appoint Montezemolo as chairman

Rediff.com12 Sep 2008

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.

Mosley wants more Formula One cuts

Mosley wants more Formula One cuts

Rediff.com9 Jan 2009

Formula One's governing body has urged teams to build on cost-cutting measures for this year by taking further steps for the future, including possible voluntary budget caps.

Ferrari join F1 teams signing up for 2010

Ferrari join F1 teams signing up for 2010

Rediff.com29 May 2009

The prospect of Ferrari pulling out of Formula One at the end of the year receded on Friday when the champions joined all the other teams in signing up conditionally for 2010.

Force India closes the KERS option

Force India closes the KERS option

Rediff.com6 Sep 2009

With just five races to go before the Kinetic Energy Recovery System (KERS) becomes history, Force India Formula One team has closed that option, saying it is not worth the money or hassle. Force India chairman Vijay Mallya said introducing KERS at this stage would not only upset the car's balance but also burn a hole in his pocket.