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Jun 29
Our car will be 2WD without the possibility to refuel and without KERS
The 2010 debut of the new Spanish formula one entrant Campos is still on track despite the scrapping of budget cap rules. The Spanish outfit signed up for next year’s championship on the basis of the FIA’s published regulations to limit technical spending to 45m euros per team per season.
Jun 26
Everything depends on the new Concorde Agreement
With an uneasy peace now declared between the FIA and the eight FOTA teams, attention is turning to the five formula one outfits that sat on the outside of the dispute. Williams and Force India were expelled from the teams alliance for breaking ranks, while new teams US F1, Manor and Campos also agreed to Max Mosley’s proposed budget cap for 2010.
May 16
F1′s governing body is proposing a three-stage imposition of the annual teams’ budget cap, beginning next year
The German magazine Auto Motor und Sport cites the information of independent team co-owner Sir Frank Williams in revealing that the proposed cap will be made more severe every year until 2011.
Habitual Max Mosley critic Sir Jackie Stewart has slammed the FIA president’s efforts to set a budget cap for formula one teams.
News fluttered around the Barcelona paddock after qualifying that Toyota is threatening to quit formula one over the “budget cap” row with the FIA.
The FIA president’s disquieting comments come after war threatened to break out between the Paris body and Maranello based Ferrari, enraged at the introduction of budget caps. 
Max Mosley is once again welcome on the island Kingdom of Bahrain, Crown Prince Sheikh Salman bin Hamad al-Khalifa insists. 
Bernie Ecclestone has brushed aside the criticism of F1′s new voluntary budget cap for 2010. 
The ideal solution to formula one’s need to drastically cut costs.