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 sports most iconic name sought to oppose motor sports 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.
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