Mosley wrote twice to Di Montezemolo prior to Wednesday meeting reminding him the five teams who had entered under the budget cap rules had to unanimously agree the revised regulations. The five teams currently entered in the 2010 have a contract with the FIA not even the general assembly or world council can abrogate.
The stumbling block, as far as the federation is concerned, relates to the signing of a new Concorde Agreement. It is very much a chicken-and-egg situation over what is agreed first – the new regulations or the new Concorde Agreement – as both are intrinsically linked.
At present it seems probable a final draft of the 2009 Concorde Agreement will be agreed and ready for signature in the coming days.
If that is the case, and all parties sign up, the latest breakaway threat will be averted and Formula One will be back on track for next year.
However, in light of events of the past few weeks, and especially the last 24 hours, few will bet on that happening.
|