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    F1 Standoff Update: Mosley drops two-tier system, Ferrari takes FIA to court     1242566160

    Mosley leaves the meeting in London with F1 team principals on Friday
    With the May 29 deadline for registering for the 2010 Formula 1 season fast approaching and the bulk of the current teams threatening to walk out of the series, FIA chief Max Mosley and F1 commercial director Bernie Ecclestone ...

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    More F1 teams joins boycott call for 2010 regulation changes     1242073740

    Yesterday, we brought you news that Toyota could quit Formula One if FIA president Max Mosley's proposal for a two-tiered budget system is put in place. But the Japanese team based in Germany – currently enjoying its best season so far – isn't the only one making noise. Ferrari has ...

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