FIA Release Details of Deal, Entry List

The FIA have released the decision of the WSMC and the details of the agreement with FOTA. The 2010 season will be run under 2009 rules except where agreed to by both parties. Max Mosley's decision to not seek re-election is part of the deal.

Following is the text of the press release:

All currently competing teams have committed to the FIA Formula One World Championship.



There will be no alternative series or championship and the rules for 2010 onwards will be the 2009 regulations as well as further regulations agreed prior to 29 April 2009.



As part of this agreement, the teams will, within two years, reduce the costs of competing in the championship to the level of the early 1990s. The manufacturer teams have agreed to assist the new entries for 2010 by providing technical assistance.



The manufacturer teams have further agreed to the permanent and continuing role of the FIA as the sport’s governing body. They have also committed to the commercial arrangements for the FIA Formula One World Championship until 2012 and have agreed to renegotiate and extend this contract before the end of that period.



All teams will adhere to an upgraded version of the governance provisions of the 1998 Concorde Agreement.



The following teams have been accepted for the 2010 FIA Formula One World Championship.



TEAM
SCUDERIA FERRARI MARLBORO
VODAFONE McLAREN MERCEDES
BMW SAUBER F1 TEAM
RENAULT F1 TEAM
PANASONIC TOYOTA RACING
SCUDERIA TORO ROSSO
RED BULL RACING
AT&T WILLIAMS
FORCE INDIA F1 TEAM
BRAWN GP FORMULA ONE TEAM
CAMPOS META TEAM
MANOR GRAND PRIX
TEAM US F1


CONSTRUCTOR
FERRARI
McLAREN MERCEDES
BMW SAUBER
RENAULT
TOYOTA
STR TBA
RBR TBA
WILLIAMS TOYOTA
FORCE INDIA MERCEDES
BRAWN TBA
CAMPOS COSWORTH
MANOR COSWORTH
TEAM US F1 COSWORTH


In view of this new agreement and with the prospect of a stable future for Formula One, FIA President Max Mosley has confirmed his decision not to stand for re-election in October this year.

Max Out! FIA and FOTA reach agreement

Well, they did it. After a night of meetings with Luca di Montezemelo and Bernie Ecclestone, FIA president Max Mosley has announced that he will not stand for re-election and an agreement has been reached that will bring the 8 FOTA teams back to F1.

There will be no breakaway series and the 2010 entry list will be published later today.

The agreement includes reduction of costs and the teams will sign a new Concorde Agreement until 2012.

One assumes that The Bernie has exerted no little pressure on Max to get him to concede his position for the good of Bernie's wallet the sport.

Fans everywhere will breathe a sigh of relief today as the threat to their beloved F1 appears to be over. American fans can be happy that their new Team USF1 will be racing in the real F1 against real teams. It was disheartening to think that Peter Windsor and Ken Anderson had worked all this time to put together an American F1 team, only to have them end up racing in what would clearly be an inferior series.

Most importantly, the future of F1 is a little brighter with the departure of Mosley, whose dictatorial governance in the past few years has embroiled the sport in political tangles that mar the true nature of the sport.

Whither F1?

Every time I look at the news in Formula One, someone is espousing a different opinion on its future. When FOTA announced their intentions to split from F1 and form their own championship series, the immediate reaction from Max Mosley and Bernie Ecclestone was to threaten legal action. I had rather assumed that FOTA wouldn't leave themselves open to lawsuits intentionally, and it seems my suspicions were correct as Max has announced he is dropping any legal actions. Instead, he wants to be friends.

But the teams and Max don't seem to be talking about the same situation. Martin Whitmarsh of McLaren has made reference to how time-sensitive any negotiation would be, while Ross Brawn says that FOTA is going ahead with plans for a new series and is not spending any time on negotiations with the FIA. Max says that a deal is close at hand while Flavio Briatore of Renault vehemently denies any such compromise.

Max, on the other hand, has said that Flavio imagines himself to be "the Bernie" and is at the head of a bunch of "loonies". The real Bernie says he will do whatever it takes to get this resolved, but one wonders if that includes using some muscle to get Max to resign.

The teams can't compromise, they couldn't accept Max's terms. To do so would mean that nothing would ever change and the reign of Max would go on forever. Max's offer to renegotiate a Concorde agreement if only they would extend the current agreement to 2012 is an empty promise he would never have to legally fulfill.

But maybe they should get together and decide what FOTA's official position on possible negotiations is before they speak to the press. It's getting very confusing out there.