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F1 set to feature 13 teams in 2010 season

AP | 13 June 2009 05:16am

Formula One will feature three new teams in the 2010 season, but Ferrari and other existing teams are still threatening to pull out unless plans for a budget cap are scrapped.

The sport's governing body FIA announced a lineup of 13 teams Friday, including new entrants Campos Grand Prix of Spain, Britain-based Manor and American team US F1.

All 10 current entrants are also on the list, despite an ongoing rift between the FIA and the Formula One Teams Association over a proposed budget cap that is set to become mandatory next season.

Fota had submitted a joint conditional bid to compete next season, but the FIA still listed Ferrari, Red Bull and Toro Rosso as having filed unconditional entries. Five other teams - McLaren, Renault, Brawn GP, BMW Sauber and Toyota - were given a week to submit unconditional entries for next season or risk losing their places.

Fota described the FIA's list as "erroneous" and said all eight of its current members submitted conditional entries.

The Geneva-based group said in a statement it would explain in the near future why it opposes the "arbitrary" rule changes.

Fota plans to outline "why the FIA's proposals are bad for the future of Formula One, the jobs of those employed within the motor-racing industry and especially the millions of loyal fans who are dismayed and confused at the internal bickering within our sport."

It also welcomed the three new teams and promised to work to resolve its differences with the governing body.

Friday's list seemed to anger Ferrari, which has objected to the spending limit, and the Italian team reiterated that it would quit the sport if the plans are pushed through for next year.

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