Deal reached to avoid breakaway F1 series
A deal has been reached with Formula One teams to avoid a breakaway series next year, FIA president Max Mosley said this afternoon.
Mosely and eight teams had been at loggerheads over his plans to introduce a budget cap for 2010.
Mosley also said he would not stand for re-election as FIA president.
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Max Bartolo
Jun 25th 2009, 18:06
This is good news. Hopefully the big teams will become more competitive next year and we will hopefully some real competition for the title.
Max Bartolo
www.maltacarmarket.com