MSC Organization withdrawls entry for 2010 season

With much regrets, taking into consideration the highly questionnable process conducted by the FIA, which is affected by many irregularities, and the uncertainties regarding the 2010 FIA Formula One World Championship, the MSC board decided last...

With much regrets, taking into consideration the highly questionnable process conducted by the FIA, which is affected by many irregularities, and the uncertainties regarding the 2010 FIA Formula One World Championship, the MSC board decided last night to withdraw its application, as Team N.Technology, under the new regulations allowing entry of 'capped budget' teams.

MSC believes that through its wrong actions and objectionable management methods, the FIA severely hurt MSC's efforts to become a new team and undermined the Formula One sport, taken as a whole.

MSC shall consider making a new application when the Formula One environment is stabilised and the conditions are met for a transparent and loyal contest, ensuring visibility and predictability to the candidate teams.

MSC wishes to renew its warm acknowledgements to the sponsors, technical and business partners who support its efforts to become a new independent Formula One team.

-credit: msc org

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Series Formula 1