News Details
FOTA disbanded due to non-payment of fees by member teams
FOTA disbanded due to non-payment of fees by member teams 28 February, 2014 The Formula One Team's Association (FOTA) has been disbanded, with the main reason given being the lack of financing for the organisation to continue.
A short statement on their website said: 'As of the 28th of February 2014 FOTA will be disbanded, as a result of its members’ having re-evaluated their requirements in the face of a changing political and commercial landscape in Formula 1.'
FOTA secretary general Oliver Weingarten said, 'I can confirm that FOTA has been disbanded as a result of insufficient funds to continue and a lack of consensus among all the teams on a revised, non-contentious mandate.' The...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
FOTA officially disbanded
Caterham F1 Team
The Formula One Teams' Association (FOTA) has been...
11y ago from F1Zone.net
FOTA disbanded ahead of 2014 season
– The Formula One Teams' Assocation, FOTA, has disbanded after six...
11y ago from GPUpdate.net
F1 teams' association (FOTA) is disbanded
The Formula One Teams' Association (FOTA) has been disbanded after six...
11y ago from Crash.net
FOTA disbands
The teams' alliance, the Formula One Teams Association, has been...
11y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia explains why it's ‘impossible'...
After failing to secure a podium at his Grand Prix at Mugello, Francesco...
1d ago from MotorsportWeek.c...
Aprilia to run “special test” for Jorge Martin...
No description available...
1d ago from Motorsport.com
Watch: “Feels like yesterday” - Alex Criville...
No description available...
1d ago from Motorsport.com
EU approves Liberty Media's purchase of MotoGP and...
Liberty Media has received unconditional approval from the European...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
18h ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
2d ago from Motorsport.com
How a “grumpy” Alex Palou ended up thankful for...
No description available...
1d ago from Motorsport.com
Santino Ferrucci hangs on for Road America podium,...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
1w ago from MotorsportWeek.c...
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Terms agreed: Arsenal edge closer to the signing of...
Arsenal have taken a significant step forward in their summer midfield...
42m ago from CaughtOffside.com
Arsenal handed boost as they agree personal terms with...
Arsenal have reportedly agreed personal terms with Danish midfielder...
42m ago from SportsKeeda.com
Fabrizio Romano names Arsenal star who is ‘set...
Arsenal are preparing for life without Thomas Partey, with the Ghanaian...
1h ago from CaughtOffside.com
Arsenal in talks with Brentford over Norgaard
Arsenal are in talks to sign Brentford midfielder Christian Norgaard.
42m ago from SkySports.com
Comments
Hottest News
Pitt blown away by McLaren F1 test: ‘Never experienced...
Brad Pitt may be used to fast-paced action on... Read More »
3h ago from F1i.com
Lewis Hamilton stuns Ferrari insider with 'sensational'...
We are now 10 races into the 2025 F1 season, and... Read More »
8h ago from GPFans.com
F1 News Today: Max Verstappen switch discussed as Aston...
Max Verstappen insider, Thierry Vermeulen, has... Read More »
2h ago from GPFans.com
