Formula One teams confirmed today amidst the hubbub of pre-season testing in Bahrain that the Formula One Teams Association, or FOTA as it is commonly known, has been disbanded.
The announcement explained:
‘[We] can confirm that FOTA has today been disbanded as a result of its members’ having re-evaluated their requirements in the face of a changing political and commercial landscape in Formula 1.’
‘We have folded due to insufficient funds to continue, and lack of consensus amongst all the Teams on a revised non-contentious mandate.’
Red Bull, Ferrari and Sauber have not been members of the association since December 2011, while Toro Rosso have never participated. FOTA was founded in 2008 to allow teams a uninamous voice, and perhaps most famously threatened to form a breakaway Grand Prix series after conflict with the FOM in 2009 – a conflict later resolved.