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Thursday, 14 May 2009

Formula 1 to Lose Ferrari and Renault?

Both Ferrari and Renault have made official statements this week to the effect that unless proposed rule changes for 2010 are revised and withdrawn they will not be participating in the championship.

Their issue is with the suggested two-tier arrangement whereby teams agreeing to a fixed budget below £40 million will have greater technical freedom than those that do not.

This would end the 60 year participation of Ferrari in F1.

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