According to the international body, all teams will be offered the choice to submit to a £30 million voluntary budget cap in exchange for total technical freedom. No team will be forced to apply, though. However, if some teams – mostly manufacturers – chose to continue their big spending in 2010, they will not be offered the aforementioned technical aid by the FIA.
Di Montezemolo, who is also CEO of the Formula One Teams Association, insisted the new rules will only cause chaos and confusion for anybody that's involved in the series. He also argued there was no reason for the new budget cap to be introduced considering the already-existing efforts of F1 teams to reduce costs within F1.
“I really think it's absurd, severe and dangerous that one week before the first grand prix, Formula 1 is in such a situation, which is very bad for its credibility, its security, the teams, the car manufacturers, the fans, the journalists and the sponsors who invest,” said Di Montezemolo during a media event in Maranello (when hosting Italian president Giorgio Napolitano).
“I hope for a responsible climate, which has been started by us, the teams, with a cost reduction of 50%. It's important to have a serene climate and to avoid continuous changes, creating uncertainty for those who work and making decisions for the future difficult,” added the Italian.
FOTA issued a quick statement earlier this week, shortly after the WSMC decisions were made public, accusing the FIA body for not discussing the budget-cap matter with the teams first.