Zoom The situation is tense between FOTA and the FIA

F1's political crisis continued to spiral out of control on Tuesday, as the FIA reiterated that elements of the FOTA team alliance seem determined to hinder the quest for compromise.

The FIA's financial experts met with their counterparts of the Formula One Teams Association on Monday, but FOTA refused even to discuss the budget cap.

"As a result, the meeting could not achieve its purpose of comparing the FIA's rules with the FOTA proposals with a view to finding a common position," said the governing body in a statement.

With four days until the 19 June deadline, it seems increasingly clear that neither side will back down, and that major teams including Ferrari and McLaren will not enter the 2010 World Championship.

In addition to its statement about the Monday meeting, the FIA released a nearly 3000 word statement chronicling the dispute with FOTA, and also reams of letter correspondence between the Paris body, Ferrari and the Italian team's lawyers.

The documents issued by the FIA can be found here.

D.B. © CAPSIS International
Source: GMM