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GP Week : Issue 48
FOTA makes ‘conditi T Block entry puts the pressure back on the FIA/Mosley HE Formula One Teams’ Association has made a conditional block entry for the 2010 Formula 1 World Championship, following another week of meetings over the future of the sport. The FOTA entry was made late on the afternoon of deadline day, May 29, and included a number of conditions which FOTA insisted must be met in order for them to race on in F1 next season. These conditions were as follows: 1) That the Concorde Agreement is signed by all parties before 12 June 2009, after which all FOTA teams will commit to competing in Formula One until 2012. 2) That the basis of the 2010 regulations will be the current 2009 regulations, amended in accordance with proposals that FOTA has submitted to the FIA. FOTA’s entry was made on the condition that all FOTA teams will be permitted to compete on an identical regulatory basis, and that they may only be accepted as a whole unit of nine teams. Their depletion from 10 to nine teams followed the suspension of the Williams F1 Team last Wednesday after it broke ranks with FOTA and entered its name for 2010, in a move which could have seriously diminished FOTA’s bargaining position. However by issuing its conditional entry as a block, as predicted by GPWeek, FOTA has played a very clever game and taken some of their advantage back in so far as its demands represent an all-or-nothing offer to Max Mosley and the FIA. By also agreeing to sign a new Concorde Agreement, FOTA will hope that F1 Commercial Rights Holder Bernie Ecclestone will fall on its side and urge Mosley to agree to its terms.