F1 : FIA stands firm on budget cap plan - F1 - F1-Live.com: "FIA President Max Mosley's plans for a €45 million (US $65m) annual budget cap applied to each Formula One team will go ahead as planned, the sport's governing body has announced.
Following a meeting held on Monday between FIA financial experts and representatives of the eight Formula One Teams Association members, no progress on the issue was accomplished."
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