Max'd Out - FOTA sign for 2010

The 8 teams still unified in FOTA have signed for the 2010 season without the budgetary caps being put in place. The teams have agreed to cut costs but on a sliding scale and not the proposed 40 million cap. They will look to resign the Concorde agreement and be more involved in the governance of the sport. This has all happened with the proviso that Max Moseley does not stand for re election. Great news for the fans of F1 as a breakaway series was really the last thing the sport needed.