Formula One's Official Team Bargaining Chip Is Officially No More

The continuous political circus that is Formula One hit a new milestone today, as the once and former Formula One Teams Association is no more. Fraught by bickering, infighting, and a lack of money (of course), the group decided to disband itself today. » 2/28/14 12:20pm 2/28/14 12:20pm

Eight Teams Break Away From F1, Form New Championship

Formula One Teams Association (FOTA), representing eight of F1's major teams, frustrated by deadlocked talks with F1 boss Max "tea-bag" Mosley (pictured), carried out their threat to break away from Formula One and create their own championship series in 2010. » 6/18/09 11:00pm 6/18/09 11:00pm