In an expected action, the FOTA (Formula One Team’s Association) suspended Williams formula one team for registering for the 2010 formula one season as the standoff over budget proposals continues between the FIA and FOTA. Many mainstream teams have threatened to quit formula one if the current plans are executed. Ofcourse in complicated proceedings as such, the fact that Williams F1 team decided to register for the 2010 formula one season make the things more difficult for the teams against the budget cuts.
In an official media statement, the Williams formula one team had said :
Oxford, UK. 27 May, 2009. Following Monday’s confirmation that the team has submitted its formal entry for the 2010 FIA Formula One World Championship, the Formula One Teams Association has today decided temporarily to suspend Williams F1 from membership of FOTA.
Frank Williams, Team Principal: “FOTA’s decision, although regrettable, is understandable. However, as a racing team and a company whose only business is Formula One, with obligations to our partners and our employees, submitting our entry to next year’s Championship was unquestionable. In addition, we are legally obliged under our contract with FOM and the FIA to participate in the World Championship until the end of 2012.”