The Official Formula 1 Website > FOA issues media statement

Oh dear, just when everyone was busy looking at diffusers someone let Bernie off his lead and he headed straight to an internet cafe to send out a missive that’s bound to have firey consequences…

Formula One Administration Limited (‘FOA’), the commercial rights holder of Formula One, wishes to clarify and correct inaccurate and misleading statements made to the media yesterday by “FOTA”:

In particular FOTA claimed that monies are owed by CVC (FOA’s controlling shareholder) to the teams for the 2006, 2007 and 2008 Championship seasons. Neither CVC nor FOA owes any amount to any team.

He goes on to say that he’s got his fingers in many pies, and each team has called the other gay before ending with…

FOA has no relationship with FOTA. It has always had a direct relationship with teams and will continue to do so.

Oof! 2009 is going to be explosive…