Sidley Austin and Taylor Wessing are among a raft of top firms in line to win advisory roles on the ongoing Formula One crisis. Eight F1 teams - the overwhelming majority of participants in the competition - are threatening to break away and set up their own series as a result of a dispute with the motorsport's governing body, Federation Internationale de l'Automobile (FIA), over budget capping for 2010.
June 19, 2009 at 11:17 AM
1 minute read
The original version of this story was published on Legalweek
Sidley Austin and Taylor Wessing are among a raft of top firms in line to win advisory roles on the ongoing Formula One crisis.
Eight F1 teams – the overwhelming majority of participants in the competition – are threatening to break away and set up their own series as a result of a dispute with the motorsport’s governing body, Federation Internationale de l’Automobile (FIA), over budget capping for 2010.
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