According to Williams CEO Adam Parr, the FOTA is yet to issue an official statement by which the membership of the two aforementioned teams will be restored. However, the British official insisted he feels optimistic about the near future, especially since he argued all teams should be at the table to discuss the new cost reduction measures to replace the controversial budget caps in 2010.
As confirmed by both Max Mosley and the FOTA, the teams have agreed that costs in Formula One should reach the level back in the early 1990s within the next two years. The FOTA is to held several meeting in due time, aimed at setting up a clear set of rules on cost cutting policies.
Asked if Williams – alongside Force India – will take part at the discussions, Parr said: “I do hope so. I think that's something we'd all like to see. It's essential we, along with Force India and the new teams, are part of the discussions going forward.”
The two teams were suspended from the teams' organization following their decision to break ranks and sign unconditional entries for the 2010 Formula One Championship. Both them and new entries Manor, Campos and US F1 had initially signed up for the 2010 entry list based on the budget cap rules. Now that the cap is no longer an issue, they demand to have a saying in setting up the new rules.
“I think there's a lot of detail to fill out in terms of how that's going to be achieved and what the actual target is,” added Parr.
Part of the deal between the FOTA and the FIA was that the manufacturers will be obliged to provide the new entries with technical assistance throughout their first year in the series. The FOTA is to meet in Bologna later today to discuss the cost-cutting alternatives to the budget cap,