Ferrari the most successful and the most glamorous team in F1 filed a suit in a French court to stop FIA from going ahead with its controversial budget caps but the French court rejected the bid. The team has threatened to pull out of the 2010 season and they are not the only ones to do so. Even teams like Toyota, Renault, Red Bull and Toro Ross are planning to pull out.
More to follow on this…………………………
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