JUNE 25, 2008

World Motor Sport Council decisions

The FIA has made the following announcement from the World Motor Sport Council meeting today in Paris, including a provisional calender for 2009 which does not include the expected return of the United States GP (or a slot for it to be added later unless significant changes in the calendar occur):

FORMULA ONE WORLD CHAMPIONSHIP

The FIA will enter into a wide-ranging consultation with the Formula One teams to examine plans for improved efficiency, including new technical regulations for the Championship. This will also involve a review of the governance of Formula One.

Applications from teams wishing to compete in the 2009 Championship must be submitted to the FIA during the period 1 to 31 July 2008 inclusive.

The team entry fee for the 2009 Championship will be 309,000 Euros (the 2008 fee plus a three per cent increase in line with inflation). The FIA will launch a consultation with the Formula One teams for the introduction of further fees to cover improved safety systems and equipment at every Grand Prix.

The FIA will invite tenders for a new feeder series for Formula One. This championship, called Formula Two, would be launched in 2009 and used as an inexpensive platform to develop emerging driver talent for Formula One. It is hoped this can be achieved within a budget of around 200,000 Euros a car per season.

CALENDAR

2009 FIA Formula One World Championship*

29 March, Australia

5 April, Malaysia

19 April, Bahrain

10 May, Spain

24 May, Monaco

7 June, Canada

21 June, Great Britain

28 June, France

12 July, Germany

26 July, Hungary

9 August, Turkey

23 August, Europe (Valencia)

6 September, Italy

13 September, Belgium

27 September, Singapore

11 October, Japan

18 October, China

1 November, Brazil

15 November, Abu Dhabi

*Provisional