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FOTA disbanded ahead of 2014 season
– The Formula One Teams' Assocation, FOTA, has disbanded after six active years, citing "insufficient funds to continue, & lack of consensus on revised non-contentious mandate" as the main causes. "I can confirm that FOTA has today been disbanded as a result of its members' having re-evaluated their requirements in the face of a changing political and commercial landscape in Formula 1," read a statement issued via the official FOTA Twitter account, controlled by Secretary General Oliver Weingarten. Founded back in 2008 and initially representing all Formula 1 teams, FOTA served to challenge former FIA President Max Mosley, who was attempting to impose drastic rule...
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