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GP Week : Issue 54
> F1NEWS> F1 future takes a turn for the better T HE future of the Formula 1 World Championship looks bright, following a rollercoaster week of at times bitter and controversial meetings between FOTA, the FIA and the sport’s commercial right’s holders CVC. A meeting in Germany between the FIA and heads of the Formula 1 teams hit the headlines when the eight FOTA teams walked out, having been informed that they had no voting rights over 2010 regulation changes. This confused many, as the FIA had issued a full list of 2010 entrants after the recent World Motor Sport Council meeting, including the names of all FOTA teams. However, as the teams’entries had been made with conditions the FIA argued that their voting rights were still not restored. However, meetings over the weekend of the German Grand Prix between FOTA teams and CVC are believed to have resulted in a positive agreement between the two parties, that they will become allies in creating a strong future for the sport. It will be the basis of their agreement upon which the FIA will be asked to come on board to secure the future of the sport. Should the FIA fail to do so, CVC will split from the FIA with FOTA, package this week, which will act as a major facet of its negotiating stance with the FIA. The issue of the FIA Presidency also took a big step over the weekend as former World Rally Champion and former MEP Ari Vatanen announced that he would stand for the role of President in October. “Responding to requests from many FIA member clubs, I shall stand for presidential elections of the FIA in October this year”, he stated. “I think the time has come for a change. My main focus is to reconcile views within the FIA and bring transparency to its stakeholders. The duty of President is to defend billion automobilists and the great sport of ours.” Vatanen’s announcement is symbolic because it means that even if Max Mosley stands for re- election, he will do so opposed. Vatanen’s fight will now be to lobby FIA Member Clubs and rally them to his cause, and to find a suitable cabinet which contains no existing members of Max Mosley’s cabinet, a technicality of the Presidential elections which Vatanen has said he will abolish if elected. FOTA and CVC join forces, and Ari Vatanen confirms FIA Presidency challenge taking the Formula 1 name with them. FOTA is due to agree on its cost cutting measure 5