Big FOTA meeting tomorrow 15th July they will bind themselves to reducing costs, also don't be surprised if non-FOTA teams jump ship.

On Thursday 16th FOTA and CVC (the F1 comercial rights holders)have a meeting and hope to reach a binding agreement.

On Friday Bernie & Max will given offers they can't refuse.

[Edited on 14/7/09 by britishtrident]

[Edited on 15/7/09 by britishtrident]

The big FOTA meeting is to discuss all of their members and current non-members backing my application to become the new FIA president.

Once elected they will all sign up t a new concord agreement negotiated by myself and F1 will all be back to its non-normal happy self.

Yawn...

oh - sorry...

Developments -- from Autosport website

"FIA president Max Mosley has confirmed that he will definitely not stand again in October's election, AUTOSPORT has learned, and has endorsed Jean Todt as his preferred candidate"

Also "Ecclestone criticised by CVC board"

for full stories see http://www.autosport.com/f1/

Would much prefer to see Ari Vatenen as president.........