If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Court Rejects Ferrari injunction bid.

vectra · 2009-05-20 12:35:40

Taken from itv-f1.com A French court has thrown out Ferrari’s bid to prevent the FIA introducing the £40 million budget cap next season. The Maranello outfit, which last week threatened to quit Formula 1 if the 2010 rules are introduced, claimed that the governing body had broken a contractual arrangement with the team by…

20-05-2009 12:35pm

#1

vectra

Registered Users, Registered Users 2 Posts: 15,626 ✭✭✭✭

Join Date: June 2003

Posts: 15158

Taken from
itv-f1.com

A French court has thrown out Ferrari’s bid to prevent the FIA introducing the £40 million budget cap next season.

The Maranello outfit, which last week threatened to quit Formula 1 if the 2010 rules are introduced, claimed that the governing body had broken a contractual arrangement with the team by introducing the radical changes without their consent.

However, a Paris court announced on Wednesday afternoon that it had rejected the injunction request after hearing legal representations from both Ferrari and the FIA yesterday.

It is currently unclear what Ferrari's next move will be, although the iconic marque has insisted all along that it will end its 60-year association with the sport if the rules are introduced as published.

Renault, Toyota and Red Bull have also all vowed to walk away from the sport at the end of the season if the regulations remain, with all the dissenting squads unhappy with the two-tier nature of the system and the way in which it was introduced without consutation by the FIA.

Last week all 10 FOTA teams met FIA president Max Mosley and commerical supremo Bernie Ecclestone in London for crisis talks over the 2010 rules, but all parties failed to agree on a compromise solution.

0