The standoff between Ferrari and the FIA has intensified after the Italian outfit lodged an injunction in the French courts to stop the planned introduction of a budget cap for next season.

Ferrari claims the decision to hasten through the new regulations last month breaches an agreement signed in 2005 handing the Scuderia power to veto [...]

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The proposed Formula One boycott has gathered strength after Renault became the latest heavyweight manufacturer to reconsider its involvement in the sport.

The French manufacturer opposes the introduction of two sets of regulations for next year, which will provide budget-capped teams with a variety of technical freedoms and scope for innovation including a movable rear wing.

Renault [...]

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Toyota has warned the FIA it is prepared to withdraw from Formula One unless significant changes are made to the 2010 budget cap.

The Japanese manufacturer is opposed to the two-tier championship planned for next year, and is preparing to shift its investment elsewhere unless an amicable solution is found.

Speaking to Autosport, Toyota Team President John [...]

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