FIA release statement on cost control

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Old 07-10-2008   #1
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Post FIA release statement on cost control

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Following a meeting in Paris on Tuesday, the World Motor Sport Council (WMSC) released the following statement:?The WMSC unanimously agreed to give the FIA President authority to negotiate with the Formula One Teams Association (FOTA) the introduction of radical measures to achieve a substantial reduction of costs in the championship from 2010.

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