Vijay Mallya, the owner of Force India, admitted that his team is undecided about its future in Formula 1 after the FOTA announced its intentions to create another championship.<\/p>\n
Force India and Williams are the only two current teams to be unconditionally accepted into the 2010 Formula 1 championship.<\/p>\n
However, the FOTA announced on Thursday evening that it will launch its own series with the eight teams since negotiations failed to reach an agreement with the FIA.<\/p>\n
Mallya stated that he was sad no compromise had been reached and suggested his team review its options after this weekend’s events.<\/p>\n
\u00ab We have been completely open and transparent with FOTA, \u00bb stated Mallya in a statement.<\/p>\n
\u00ab We had legal and commercial obligations that required us to unconditionally enter the 2010 Formula 1 championship. I believe the transparency with which we conducted this operation was appreciated by FOTA, but they chose to suspend us, just like Williams. \u00bb<\/p>\n
\u00ab We still hope for a compromise between FOTA and FIA, but at midnight on the night from Thursday to Friday, I was informed of FOTA’s decision. It used the words split and new championship. \u00bb<\/p>\n
We find this sad and disappointing, particularly since the FIA has developed a brand image for this Formula 1 World Championship.<\/p>\n
Force India has received confirmation of its entry into the 2010 FIA championship. Now, we are waiting to see how the situation develops over the weekend. Until there is a clear direction of events, we do not wish to make any further comments, concluded the Indian billionaire.<\/p>\n","protected":false},"excerpt":{"rendered":"
Vijay Mallya, the owner of Force India, admitted that his team is undecided about its future in Formula 1 after the FOTA announced its intentions to create another championship. Force India and Williams are the only two current teams to be unconditionally accepted into the 2010 Formula 1 championship. However, the FOTA announced on Thursday […]<\/p>\n","protected":false},"author":5,"featured_media":42731,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,1749],"tags":[310,1309],"class_list":["post-24204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-f1","category-news","tag-equipes","tag-racing-point-f1-team"],"acf":[],"yoast_head":"\n