(Sauber F1 Team)
The Formula One Team's Association have officially confirmed that it has disbanded. In a statement released today the association said that due to the changing political and commercial situation in Formula One the teams have re-evaluated their situations.
FOTA have played a key role in getting fans more involved in the sport with the FOTA Fans Forum which has taken place across the world in recent season's.
It was announced last month that FOTA chairman Martin Whitmarsh was to be replaced at McLaren by Eric Boullier and as a result questions were asked about what it would mean for FOTA, we now know.
©Ben Johnston 2014