French court rejects Ferrari injunction
A French court has rejected a bid by Ferrari to prevent Formula One's governing body, the FIA, from introducing controversial new rules next season.
Ferrari went to the Tribunal de Grande Instance in Paris to try and stop the International Automobile Federation (FIA) from pressing ahead with an optional 40 million pounds (AUD$80.9 million) cap.
Ferrari has threatened to quit Formula One if the published rules are not rewritten. Renault, Toyota and Red Bull's two teams have taken a similar stance.
The published 2010 regulations propose allowing teams who accept the cap greater technical freedom than those wishing to carry on with unlimited budgets.
While Ferrari has said this would make it a two-tier championship it cannot accept, Formula One supremo Bernie Ecclestone and FIA president Max Mosley have said they expect all teams to race to one set of regulations.
Source: Reuters
0
