Formula One: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 at the Tribunal de Grande Justice in Paris yesterday, judges today sided with FIA president Max Mosley's organisation.
In response, and on safe ground following the FIA’s victory, Mosley duly chastised Ferrari for their selfish attempt to disrupt F1.
“No competitor should place their interests above those of the sport in which they compete,” remarked Mosley.
“The FIA, the teams and our commercial partners will now continue to work to ensure the wellbeing of Formula One into 2010 and beyond.”
It is understood Ferrari could lodge an appeal, but following their defeat, it is highly unlikely they would overturn today’s decision.