The deadline for teams to submit their 2010 Formula 1 entries has passed. The only thing that is clear now is the next important date – June 12, the day when the 2010 Formula One entry list will be published.
Four new teams – Campos Meta, US F1 Team, Prodrive and Lola – submitted their entries before the deadline, at least these four made it public. Earlier this week Williams also entered the 2010 championship splitting from FOTA.
Then late on Friday all nine FOTA teams (membership of Williams has been suspended) submitted their entry. This might have sounded like exciting news until reading the press release that came with it:
All FOTA Teams have today submitted conditional entries for the 2010 FIA Formula One World Championship.
FOTA confirms all its Members’ long-term commitment to be involved in the FIA Formula One World Championship and has unanimously agreed further and significant actions to substantially reduce the costs of competing in the Championship in the next three years, creating a mechanism that will preserve the technological competition and the sporting challenge and, at the same time, facilitate the entry in the F1 Championship for new Teams. These measures are in line with what has been already decided in 2009 within FOTA, achieving important savings on engines and gearboxes.
All FOTA teams have entered the 2010 championship on the basis that:
1) The Concorde Agreement is signed by all parties before 12th June 2009, after which all FOTA teams will commit to competing in Formula One until 2012. The renewal of the Concorde Agreement will provide security for the future of the sport by binding all parties in a formal relationship that will ensure stability via sound governance.
2) The basis of the 2010 regulations will be the current 2009 regulations, amended in accordance with proposals that FOTA has submitted to the FIA.
All FOTA teams’ entries for the 2010 FIA Formula One World Championship have been submitted today on the understanding that (a) all FOTA teams will be permitted to compete during the 2010 Formula One Season on an identical regulatory basis and (b) that they may only be accepted as a whole.
All FOTA teams now look forward with optimism to collaborating proactively and productively with the FIA, with a view to establishing a solid foundation on which the future of a healthy and successful Formula One can be built, providing lasting stability and sound governance.
To summarize the FOTA conditions – the teams want the new Concorde Agreement signed by June 12 and they want FIA to scrap the 2010 regulations, revert to the current ones amended according to FOTA proposals. It is either FOTA’s way or the highway …
According to John Howett (FOTA Vice Chairman) the teams are rather optimistic about that Concorde Agreement part, the part where Bernie Ecclestone is involved:
We have been working for more than six months on the agreement with the commercial rights holder so it’s not as if the document isn’t at a really mature stage with a large number of the gaps totally reduced. Fundamentally, we wouldn’t see any reason why it couldn’t be. It really is a professional and balanced document. Maybe there’s a reluctance to sign it, but I personally wouldn’t see any good reason to enter into the agreement in the interests of all parties.
As far as I am aware there were three or four minor issues that they considered needed to be resolved and frankly I think most of those were put out of the way in Monaco. From the commercial side, it shouldn’t take more than three or four days to resolve the issues. (John Howett to Autosport)
It now all depends on how FIA decides to handle this situation. And Max and Co. better handle it very carefully. Even Max Mosley probably does not want to see the 2010 Formula One grid to include only Williams, USF1, Lola, Campos and Prodrive …