May 27 (GMM) Williams has been suspended from the formula one teams' association.
Until now, every team on the grid has been united under the FOTA banner, but on Monday it emerged that the Oxfordshire based team broke ranks and signed up for the 2010 world championship.Despite the looming May 29 deadline, the other teams - led by Ferrari - are for now holding off amid the dispute with the sport's ruling bodies.After a FOTA meeting in London on Wednesday, Williams revealed in a statement that the other teams decided to "temporarily suspend" the British outfit."FOTA's decision, although regrettable, is understandable," said team boss Sir Frank Williams."However, as a racing team and a company whose only business is formula one, with obligations to our partners and our employees, submitting our entry to next year's championship was unquestionable."In addition, we are legally obliged under our contract with FOM and the FIA to participate in the world championship until the end of 2012," Williams added.