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GP Week : Issue 34
FOTA and THE FOTA/FIA financial crisis meeting in Geneva last week has resulted in what is being termed as a “landmark” agreement for the future of the sport. Following a meeting between FIA President Max Mosley and FOTA President Luca di Montezemolo and Vice President John Howett, a joint statement was released, claiming that the meeting had “produced significant cost savings for 2009 and 2010. FOTA are working urgently on further proposals for 2010 and thereafter.” The statement did not refer to any specific changes, but di Montezemolo admitted in an interview with Italian newspaper Gazzetta dello Sport that one of the swiftest changes would affect engine life and supply agreements and would take shape from the start of next season. “Next year we will lengthen the life of engines to three races. This will translate into a total of 25 engines that for the smaller teams will cost 10 million Euros a season. We have decided with President Mosley that we will meet again after Brazil to talk again about limits to the chassis and engines in the future.” Talk of chassis considerations are believed to be based around the notion of customer cars, which teams are now believed to be moving towards accepting as part of a financially viable future direction for Formula 1. While Force India is known to be in discussion with McLaren about the use of customer cars, there is still known to be some reluctance from Williams. One of the other big issues is that of KERS. While some teams remain unconvinced over the merits of its use in 2009, it is understood that FOTA ADVERTISE in GPWEEK to access a huGE global audience