unless something drastic happens its the end of F1 as we know it..
Ferrari, McLaren, Renault, Toyota, BMW Sauber, Brawn GP, Red Bull Racing and Toro Rosso have all declined to enter F1 for 2010.
The eight teams, which together form the Formula One Teams' Association (FOTA), failed to reach a compromise with FIA president Max Mosley over plans for a £40m budget cap
As things stand, next year's F1 championship now consists of Williams and Force India, along with the three new teams, USF1, Campos and Manor.
i agree with budget caps but surely they should have been staggred so that the teams can gradually make cost savings, ie staff! If they agreed these teams would have to make hundreds redundant overnight..