Courts rule against Ferrari

Ferrari have failed in their bid to acquire an injunction against the FIA and their decision to introduce a budget cap into Formula One from next season.

Amidst fears of F1 becoming a two-tier championship from 2010, the sport’s most iconic name sought to oppose motor sport’s world governing body.

But after a one-hour hearing yesterday at the Tribunal de Grande Justice in Paris, judges have today sided with FIA president Max Mosley’s organisation.