The FOTA Executive Committee, chaired by Luca di Montezemolo, today enjoyed a productive meeting in Monza.

FOTA re-affirmed that all teams competing in Formula One are able to join the association. FOTA therefore welcomes back into full membership both Williams and Force India. The Executive Committee also looks forward to welcoming the new entrants to join the association whilst they continue to prepare for next year’s championship.

The FOTA Executive Committee looks forward to working with the FIA and Commercial Rights Holder to promote a healthy, dynamic and sustainable sport. To this end, FOTA intends to now enter into open discussion with the Commercial Rights Holder with the wish to confirm arrangements beyond 2012.

Furthermore, FOTA will now arrange a seminar, open to representatives of the major stakeholders (including Media, Sponsors and Promoters), to discuss how working together we can develop the show creating a more attractive spectacle for the fans.

Source: FOTA