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Originally Posted by Saaf_laandon_mo
What do FOTA actually do for the benefit of the teams? By Williams being suspended from it will they lose out on any 'benefits'. Are all teams member of FOTA? And if so does that mean that all the other teams object to the cap?
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it's similar to the GPDA , Grand Prix Drivers Association.
The teams don't get anything from it except that get to talk to the FIA via one voice. Before none of the teams could agree on anything which meant the FIA could basically do what it wanted with the rules, or use their competitive instincts to their own advantage by talking to a few teams to get what it wanted.
Now the teams have formed FOTA and are working together, which means if they can be bothered they can write their own rules, AS the EU said they should be, and then once they start doing that it's only a small step to then sort out a TV deal and run your own series, which the FIA could still police. The teams generate 100% of the income and get only get 50% of the profits with the other going to a management finance company who don't do anything at all