Ferrari and Red Bull Racing have decided to withdraw from the Formula One Teams' Association (FOTA) on the back of the ongoing row over the Resource Restriction Agreement, AUTOSPORT can reveal.
Amid ongoing debate about the future of FOTA, with teams failing to agree a way forward for the RRA after a crunch meeting at the Brazilian Grand Prix, high level sources have revealed that both Ferrari and Red Bull Racing have lodged notification that they intend to leave the organisation.
It is understood that both teams wrote to FOTA earlier this week to inform them of their decision.
Source
Amid ongoing debate about the future of FOTA, with teams failing to agree a way forward for the RRA after a crunch meeting at the Brazilian Grand Prix, high level sources have revealed that both Ferrari and Red Bull Racing have lodged notification that they intend to leave the organisation.
It is understood that both teams wrote to FOTA earlier this week to inform them of their decision.
Source