F1 teams to unveil future plans next month

Thu, 19 February 2009, 07:59

Feb.19 (GMM) Every team boss will front the media in Geneva next month, as the unified FOTA alliance unveils its plans for the future of formula one

The event is scheduled to take place on March 5, to present the Formula One Teams Association’s vision to make the sport “commercially sustainable, environmentally friendly and compellingly attractive for spectators, TV viewers and internet consumers”, a statement confirmed

Headed by Ferrari president Luca di Montezemolo, FOTA said the plans are the result of meetings held in the past weeks and months

FIA president Max Mosley, ready to preside over potentially draconian cost cuts for 2010, said recently the teams acknowledge the need for action but “don’t want to do it that quickly”

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