The Reuters global sports blog
The disagreement, which centred on Mosley’s plans to introduce a budget cap for the 2010 season, had threatened to end Formula One’s 60-year existence with eight teams including champions Ferrari prepared to walk away for good.
To the relief of Formula One fans and teams including McLaren, Red Bull and Brawn GP who all faced having to start again in what would have been a hastily arranged rival championship, Wednesday’s world motor sport council meeting in Paris has finally ended that threat.
The compromise comes about as Mosley also announced that he would not stand for re-election as FIA president, something many thought would have to happen for any agreement to be reached.
A deal has been reached with Formula One teams to avoid a breakaway series next year, media reported FIA president Max Mosley as saying on Wednesday.
Mosley and eight teams had been at loggerheads over his plans to introduce a budget cap for 2010.
Formula One plunged into its biggest crisis in 60 years on Friday with eight of the 10 teams announcing plans to set up their own championship.
The teams association FOTA said BMW-Sauber, Brawn, Ferrari, McLaren, Red Bull, Renault, Toro Rosso and Toyota were united in a decision that would split the sport in two if carried through.
How complicated can an entry list be? Very, if its anything to do with Formula One.
On the piece of paper published by the governing FIA on Friday, there are 13 teams entered with a total of 26 cars. Simple as that.
You can charter Flavio Briatore’s Force Blue ‘yacht’ for $235,000 a week during the low season. For that, you get five decks, a gymnasium, Turkish steam bath, cinema and cabin space for 12 guests.
There’s also a mud bath and massage room.
Unfortunately it’s not available during Monaco Grand Prix week, but then life is full of disappointments.
Max Mosley’s plans for a budget cap next season, which would give teams with a cap greater technical freedom, has led Ferrari, Renault, Toyota and the two Red Bull teams to say they will not race next season unless the rules are changed.
Piero Ferrari, son of founder Enzo, showed off some of his firm’s trademark class with this comment:
Free practice for the Spanish Grand Prix took place on Friday with most teams bringing modified cars to Barcelona as they attempt to catch the high flying Brawn-Mercedes team.
Brawn’s Jenson Button and Nico Rosberg of Williams set the fastest laps in the two practice sessions but despite having opportunities to upgrade their cars, Ferrari and McLaren were well off the pace.
For many, the joy of the start of this Formula One season has not only been seeing the upstart Brawn GP team winning three of the four races, but also watching perennially strong teams like Ferrari and McLaren struggle.
Competition is surely essential in sport. Dominance is bad.
The years when Michael Schumacher and Ferrari swept all before them are often cited as irrefutable evidence that Formula One is boring by those who eschew paddock and pit lane.
Last season’s champions are without any points after three races and Sunday’s Chinese Grand Prix, won by Sebastian Vettel in his Red Bull.
Angry Ferrari president Luca di Montezemolo smashed a television at the end of last season after watching Lewis Hamilton snatch the title off Felipe Messa on the final bend in Brazil.
Now more TV sets are in jeopardy given his team have gone from Formula One champions to a laughing stock after just two races of the new season.