World Motor Sport Council
24/06/2009 -
http://www.fia.com/en-GB/mediacentre...sc_240609.aspxThe World Motor Sport Council met in Paris on 24 June 2009. The following decisions were taken:
FORMULA ONE WORLD CHAMPIONSHIP
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 - CONSTRUCTOR
SCUDERIA FERRARI MARLBORO - FERRARI
VODAFONE McLAREN MERCEDES - McLAREN MERCEDES
BMW SAUBER F1 TEAM - BMW SAUBER
RENAULT F1 TEAM - RENAULT
PANASONIC TOYOTA RACING - TOYOTA
SCUDERIA TORO ROSSO - STR TBA
RED BULL RACING - RBR TBA
AT&T WILLIAMS - WILLIAMS TOYOTA
FORCE INDIA F1 TEAM - FORCE INDIA MERCEDES
BRAWN GP FORMULA ONE TEAM - BRAWN TBA
CAMPOS META TEAM - CAMPOS COSWORTH
MANOR GRAND PRIX -
MANOR COSWORTH
TEAM US F1 - 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.
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FIA loses and FOTA wins, bottom line.

FIA
Squeeky Silicon Bernie manages to escape still controlling the venues and keeping CVS happy. I swear that guy is the Al Davis of F1.
Max saves face by finally doing what everyone has wanted him to do the last three years, which is jump off a bridge.
I highly doubt that we will see all of these new teams on the grid since part of the formula is that only constructors can race in F1 and not all of these teams will be able to design and build chassis for the next season.
All this to show that without Ferrari and to a slightly lesser degree McLaren Renault etal. there is no F1. FOTA will get the cost cutting measures they wanted but will have more input on how they do it, versus having PornoMax and the FIA ram a neverending stream of inane and everchanging rules and rulings down their throats.
Let's get back to racing...these last few soap opera years have been a drag!