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Lotus F1 racer - Click above for high-res image gallery

At least for now, disaster seems to have been averted as all ten teams currently taking part in the 2009 Formula 1 championship have signed conditional agreements to take part in the series in 2010. These reportedly hinge on the Formula One Teams Association's ability to reach a mutually-agreeable compromise to the contentious budget cap negotiations currently taking place between the FIA and the teams themselves.

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