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The Weekly Grapevine

Your weekly dose of rumours, speculations and analysis

In the run-up to the Australian Grand Prix, two totally differing statements were put out within a day of each other by Formula One Management (F1's de facto commercial rights' holder) and the Formula One Teams' Association. This, of course, led to suggestions that one or the other (possibly both) was being economical with the truth in their squabble over the sport's revenues, for it could hardly get more contradictory than:

FOTA - The purpose of the meeting was to discuss payment of money owed by CVC (the effective owners of the commercial rights to Formula One) to the teams and relates to agreed sums owing from the 2006, 2007 and 2008 championship years.

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