In Rome, the Ferrari team and Red bull team leave the Formula One Teams Association (FOTA). Ferrari announced the decision on its website the past Friday. They said the decision was reluctant and was caused by a stalemates among the teams on on how to move ahead in issues that they had. Red Bull then announced that it was separating to. Ferrari then announced that it will continue to work with teams to find a way to reducing costs of the sport. "It is now necessary to find some new impetus to move it along, because FOTA's drive has run its course," Ferrari said.
"The Italian team said Formula One is going through a delicate period 'like the rest of the world.'"
Just like Ferrari, Red Bull is resigning because the FOTA failed in bringing teams together for cost cutting strategies.
In the last season the FOTA represented 11 out of 12 teams on the F1 grid with Hispania Racing the only team that is not in the organization.
Blog by Juan J. pictures by A H T and pbelskamp on Flikr.
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"The Italian team said Formula One is going through a delicate period 'like the rest of the world.'"
Just like Ferrari, Red Bull is resigning because the FOTA failed in bringing teams together for cost cutting strategies.
In the last season the FOTA represented 11 out of 12 teams on the F1 grid with Hispania Racing the only team that is not in the organization.
Blog by Juan J. pictures by A H T and pbelskamp on Flikr.
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