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By Brad Spurgeon, About.com Guide to Formula 1

F1 Teams In, Max Out

Wednesday June 24, 2009

The eight dissident Formula 1 teams - well, that is, all F1 teams except Williams and Force India - agreed to agree on the future and saved the series. After a meeting in Paris at the FIA's World Motor Sport Council, Max Mosley also announced that he would not seek re-election for the presidency of the FIA in October, when his current term expires. The day is saved. The teams have signed up for another three years under the Concorde Agreement, and there will be no breakaway series. It was all very ugly, but this is certainly the best resolution and the clearest things have been for years! I'm particularly pleased to think we will not have to change the name of this site to something else - who knows which of the two proposed series would have been the very pinnacle of motor racing that F1 represents? I think neither.

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