How serious is the news that Toyota, Red Bull and Toro Rosso will not be entering F1 next year if the FIA pushes through the budget cap? Ferrari's directors are also meeting tommorow to decide if they want to stay in.

According to reports only Williams, Brawn and Force India will tender entries for next season.

I think the budget cap is a good idea but it need to be double what the FIA suggest.

http://www.autosport.com/news/report.php/id/75263
http://www.autosport.com/news/report.php/id/75248
http://www.autosport.com/news/report.php/id/75164

Meh... F1 died a few years ago... when they introduced all those regulations to make the cars slower... it's getting more stupid every year.. next the budgetcap and the standard engine... that will be the nails in the coffin....

I used to have respect for Max, but now I just think he's a cock.

Agreed... ban on tyrewarmers.. talks about refueling ban.. I mean.. isn't F1 supposed to be the most technical racecar series in the world? The best of the best? Newest of the newest? now it's gonna be like.. crap.. 

Same with the World Rally Championship.. when they switch to use a S2000 with a bodykit... FIA is ruining everything..

I am not really into the sport.But I don´t think it is doomed.

i would imagine they will negotiate a deal with the teams, the FIA wont risk losing that many teams

anyway, this year its been really good so far

Ferrari threatens to leave Formula 1

By Jonathan Noble Tuesday, May 12th 2009, 14:53 GMT


Ferrari has confirmed that it will not enter next year's world championship unless plans for a voluntary £40 million budget cap are changed.

Although the team has expressed private reservations about the rule changes and governing processes for 2010, it finally confirmed its intentions in a statement issued following a board meeting at Maranello on Tuesday afternoon.

"The same rules for all teams, stability of regulations, the continuity of the FOTA's endeavours to methodically and progressively reduce costs, and governance of Formula 1 are the priorities for the future," said the statement.

"If these indispensable principles are not respected and if the regulations adopted for 2010 will not change, then Ferrari does not intend to enter its cars in the next Formula 1 World Championship."

More to follow

http://www.autosport.com/news/report.php/id/75277