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Last gasp coming up for Fota?

LONDON, ENGLAND  - The Formula One Team Association is apparently on the verge of collapse.

The UK's Daily Telegraph claims membership fees have already gone unpaid; the absence of Fota chairman Martin Whitmarsh could now be the final straw.

Deputy chairman Eric Boullier, who moved from Lotus to McLaren,  was "expected to step back from any prominent role" with the association, Telegraph correspondent Daniel Johnson claimed.

FINANCIAL PROBLEMS

A source told Johnson that Fota, with only seven of the 11 teams on its books, was also facing substantial financial problems as members baulked at paying membership fees because of disputes about the group's purpose.

Bob Fernley, deputy team boss at Force India, said losing Red Bull and Ferrari was a key moment for Fota. He added: "I don't think there's any question about that one but we can't undo where we are today."

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