FIA president Max Mosley has warned that the only remedy for rebel teams left off the final 2010 entry list might be for them to buy one of their smaller rivals.
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The fight between existing formula one teams and the FIA is a spanner in the works of David Richards' prospective entry for 2010. The former Benetton and BAR boss was planning a budget-capped entry for next year, but with major current teams now threatening to quit over Max Mosley's cost-slashing methods, Richards is not yet committing to making the May 29 deadline for a 2010 team entry.
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Max Mosley believes Ferrari will lose its court action on Tuesday. He believes Ferrari broke the agreement by establishing the Formula One Teams Association (FOTA), of which president Luca di Montezemolo is chairman.
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Political opposition is posing an obstacle to the health of France's new formula one project, according to Alain Prost. The former quadruple world champion said that while French prime minister Francois Fillon backs the project at Flins-Les-Mureaux, northeast of Paris, there are troublesome "political problems".
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Red Bull has succeeded in readying a 'double diffuser' solution in time for this weekend's Monaco grand prix. Until mere days ago, designer Adrian Newey admitted it was "touch and go" whether the RB5, featuring unique pullrod rear suspension, could be modified in time to accommodate the controversial concept.
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In a confidential letter, the chairman of the British Racing Drivers' Club has reportedly proposed to sell the 2009 grand prix venue Silverstone.
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F1's insurgent teams will be back in deep conference early this week, as the battle over a budget-capped future continues. Following the meeting with Max Mosley and Bernie Ecclestone last Friday in London, the FOTA members have now resolved to sit down in Monaco on Tuesday, ahead of the Principality's famous grand prix.
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Jody Scheckter has revealed that he has considered handing back his world championship. "There have been stages when I have thought 'I am going to give back my world championship' because I have felt so strongly about it.
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Max Mosley has repeated his claim that formula one could survive without its most famous name. "The idea that they are indispensable is nonsense," the Briton said on Friday.
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Nico Hülkenberg's future on the formula one grid is not assured, Sir Frank Williams has revealed. He said: "A lot depends on what happens with our other Nico."
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The Scuderia Ferrari has stepped up the budget cap row by applying for an injunction in the French courts against the 2010 Formula 1 rules.
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Reigning World Champion Lewis Hamilton has likened his current state of mind in formula one to wrongful imprisonment.
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Rome is pushing ahead with its plans to join the formula one calendar, but a huge spanner in the works is the sport's current political spat.
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The latest strong rumour in the budget cap row is that BMW is set to become the next car manufacturer to threaten to quit formula one.
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Having signalled an interest in F1's budget-capped future last month, the British racing car company Lola has now committed to submitting a 2010 team entry by the May 29 deadline.
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In today's News Brake: A big showdown is brewing in Formula One; victims of Italy's earthquake get some love from Ferrari; and Audi's race drivers sing a new song ... But Wait, There's More!
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Renault's Flavio Briatore on Thursday played down speculation that leading formula one teams are shaping up to split with formula one to set up a rival 'breakaway' championship.
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Mike Gascoyne's desire to return to formula one was confirmed on Thursday, when a UK-based F3 team announced its intention to apply to enter a budget-capped outfit next year.
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FIA president Max Mosley's meeting with the Formula 1 teams alliance FOTA has been set for Friday, May 15.
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Officials of Formula 1's governing body - the FIA - insist they have not been swayed by the threats of leading formula one teams.
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