The F1 teams’ association met in London today but the press release issued afterwards offered little indication how the talks had gone:
The FOTA Executive Committee met today in Heathrow to examine the new regulations proposed by the FIA for the 2010 F1 Championship and to evaluate the progress of the negotiations with the Commercial Rights Holder for the renewal of the Concorde Agreement.
FOTA held a positive and constructive meeting and agreed to continue working together in a methodical manner for the definition of further cost-reduction in 2010 and 2011, progressing along the path begun in 2008.
FOTA has concerns with the decisions taken at the last WMSC meeting regarding the 2010 regulations and therefore asks to begin urgent consultations with the FIA.
Under the circumstances, with Max Mosley mourning the death of his son Alexander yesterday, they may have wisely decided that now is not the time to be playing politics.
However this has been considered an especially crucial meeting for FOTA as it decides on its reaction to the budget cap proposal for 2010. While Ferrari has condemned the plans, and is supported by several of the teams, others are in favour of a budget cap. How will it react to this threat to its unity?