Formula One news

FOTA and FIA to meet in Monaco

On Wednesday afternoon an important meeting with representatives from FOTA and FIA will be held in Monte Carlo. On the agenda: analysing the proposals from the teams, which were voted for unanimously at the last FOTA meeting in London on 4th December.

The proposals are several measures to significantly cut costs as of the 2009 season, a very delicate year for Formula One, considering what's happening around the world, while these proposals outline very precisely how to further cut costs in the years 2010 and 2011.

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