FOTA
Is There An F1 Boardroom Battle
Mon, 05/25/2009 - 02:00 — Bill
Firstly this week we had Ferrari stating they are not going to continue participating in Formula One racing because of new rulings announced by the FIA on the 29th. April. Their main contention with these rulings was that there would be an optional cap in place for all F1 teams next season of £40 million.
Behind this FIA ruling is the idea of giving the smaller and newer racing teams a more even playing field to compete on.
