Williams F1 have been suspended from the Formula One Teams Association or FOTA following the team’s confirmation that they have lodged a formal entry for the 2010 Formula One season. Despite teams being in the middle of a debate with the FIA on regulations for the next season, Williams decided to send in their entry and that hasn’t gone down well with the teams’ association. >
Speaking to the media, after this decision, team principal Frank Williams said, “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.”
Friday, the 29th of May, marks the deadline for teams to submit their entries for the following season and many teams have protested against the FIA claiming that unless they introduce an optional $60 million budget cap in exchange for more technical freedom, there is no way that they will participate in the 2010 season.
All ten teams, during the race weekend at Monaco, wrote to the FIA requesting for the 2009 regulations to be continued for another year to give them the time to make the required framework to accommodate such a budget cap.