Carmakers Submit Proposed Rules to FIA

The newly named 'Grand Prix Manufacturers' Association' (GPMA), which incorporates all of F1's manufacturers as well as all teams except Ferrari, handed over their regulations package to the FIA on Monday after rubber-stamping the proposals amongst themselves last weekend.

In a statement issued by the interested parties on Monday, the GPMA said they were hoping to meet with the FIA soon to further their plans for the future. It is hoped that common ground can be reached to prevent the need for a breakaway.

"Considering the fact that their alliance represents 90% of the current grid, and views from key stakeholders such as circuits, broadcasters, sponsors and fans are included, the teams and manufacturers are confident that the FIA will consider their proposals carefully," said the statement.

"The teams and manufacturers look forward to entering into a constructive dialogue with the FIA shortly, and have therefore requested that representatives from their group will meet with the FIA President shortly."

Although the manufacturers have not released specific details about their rules package, they have made it clear that they are in line with the results of the recent FIA/AMD survey into Formula One.

They emphasised that they wanted to ensure that Formula One remained motor racing's leading category and said that that required a stable long-term plan for the future and the continued participation of independent teams.

Referring about the general principles of their plans, the statement said: "Where possible, costs should be significantly reduced, providing that the sporting spectacle and competition is not compromised.

"The vision is for a fair and transparent sport with well-funded and highly competitive teams on every row of the grid, with the best drivers competing on the most exciting race tracks around the world.

"Formula One has to be at the forefront of technology and continue to showcase technical innovations in line with those in the auto industry. At the same time the introduction of potentially expensive innovations should not jeopardise the commercial and sporting viability of independent teams.

"Cost saving is a fundamental objective for the teams and manufacturers, as it is important that new technologies can be introduced at the lowest possible price."