Deadlock in Formula One Talks [Eire Region]

Daily MailMay 25, 2009

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Summary


THE Monaco Grand Prix - and the future of Formula One itself - was shrouded in doubt after talks between the teams and the FIA failed to yield a resolution as dusk fell last night. The two sides were still negotiating at the Automobile Club de Monaco despite eight hours of meetings over how the sport should be run.

The FIA want to introduce a Pounds 40million budget cap next season but the teams, led by standard-bearers Ferrari, are variously opposed to the limit or the dictatorial way they say FIA president Max Mosley is introducing the scheme.

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Deadlock in Formula One Talks [Eire Region]

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