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Moseley's given an ultimatum to the GPMA to sign up wihin 10 days. He seems a bit desperate. I don't see any teams clamouring to sign up in 2008. Moseley seems to be comitting the same Mistake that Tony George did in the US, believing that other teams will fill the competition void.
Unfortunately without the manufacturers presence to appease the big sponsors, television companies, and circuit owners, his vison of F1 is going to look pretty sick once that second asshole he's torn into the sport starts to smell!