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Two-time champion Fernando Alonso made it clear on Thursday he will abandon Formula One if the budget-cap dispute between racing teams and the sport’s governing body isn’t resolved.

His Renault outfit is one of five members of the Formula One Teams’ Association that must confirm on Friday whether they will sign up unconditionally to enter the 2010 season. FOTA has opposed plans by the ruling FIA to introduce a voluntary $60 million budget cap.

“For me the new Formula One would be unattractive, with the small teams and no drivers,” the 27-year-old Alonso said. “We want to compete with the best teams in the world, the maximum technology: we all want to compete with the best drivers.

“If this is not what Formula One is about next year, then …  Details

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This entry was posted on Thursday, June 18th, 2009 at 5:32 pm and is filed under Automobile, Formula & Indy Cars. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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