Rome: Ferrari and Red Bull are pulling out of the Formula One (F1) Teams Association, saying the body is no longer effective in dealing with key issues such as reducing costs in the sport. Ferrari said on their website on Friday that they informed FOTA president Martin Whitmarsh about the decision, which they said was made "reluctantly" and was caused by a "stalemate" among the teams on how to move...
07:33 PM, Dec 03, 2011
Max Mosley called on FIA members to stand firm against the FOTA. ...02:20 PM, Jun 27, 2009
Mosley and eight teams had been at loggerheads. ...05:59 PM, Jun 24, 2009
Formula One plunged into its biggest crisis in 60 years on Friday. ...09:26 AM, Jun 19, 2009
Force India submitted an unconditional entry for next year's championship. ...09:48 PM, Jun 05, 2009
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