Force India waiting on F1 future

Force India and Williams have been the only two current teams who submitted unconditional entries for the 2010 championship.

However, FOTA announced on Thursday night that, after failing to reach a deal with the FIA, will launch its own series with its eight member squads.

Mallya said he was sad that it was not possible to reach a compromise deal, and suggested his team will consider its options following this weekend's events.

"We have been completely open and transparent with FOTA," said Mallya in a statement.

"We have shared the legal and commercial obligations that necessitated an unconditional entry by Force India to the FIA Formula One World Championship 2010. I think the transparency with which we acted was appreciated by FOTA but they chose to suspend us, like Williams.

"We were always hoping there would be compromise between FOTA and the FIA but at midnight last night I was notified by FOTA about their decision, which already seems to be heading towards a breakaway championship or series.

"We find this to be very sad and disappointing, particularly since the FIA World Championship and the Formula One brand has been developed into an invaluable property over many decades.

"As of now, Force India is a confirmed entrant to the FIA 2010 Formula One World Championship and we wait to see the developments over the weekend. Until a clear direction has been identified, we do not wish to make any further comments."