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N.Technology Porsche Panamera touring car – Click above to watch video after the jump

The cynical among us learned long ago that life just isn't fair. Those still holding out hope, however, can look to the European touring car championships for cold, hard evidence. While Americans are stuck with NASCAR and their "Car of Tomorrow", Europeans get to watch machines like DTM Audis, Belgian Volvos and Italian Maseratis duke it out on some of the world's finest race tracks. (Don't even get us started on Japanese SuperGT and Australian V8 Supercars.)

Hell hath no fury like a racing team scorned. Among the dozen teams that lodged bids this year to join the F1 grid for 2010 was N.Technology. The racing outfit is known to some European fans as the squad that fielded race-prepped Alfas in various touring car series (pictured above), but its bid was ultimately rejected by the FIA in favor of Campos, Manor and USF1, Lotus joining the roster in BMW's stead after N.Technology had withdrawn its bid.

Whatever the outcome of the standoff between the Formula One Teams Association and the FIA, it was clear from the get-go that F1 was to change dramatically. As it turned out, the two parties – the first representing the teams currently participating in the sport and the second its governing body – have apparently reconciled their differences.