It looks like FIA blinked first. The 2010 season will use the 2009 rules and the budgets will reduced to the 1990s levels over two years. Fota will not start their own championship series.
What was really surprising is that Mosley will not run for re-election. The official story is that he decided to stand down months ago but it was kept secret. If that's true, why take such hardline position and create a huge mess for your successor to clean up?
The teams can finally get on with designing their 2010 cars which is already behind schedule because of all the uncertainty over the rules.
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