FOTA: The Formula One Teams Association is the union of eight Formula One teams (BMW-Sauber, Brawn GP, Ferrari, McLaren-Mercedes, Red Bull, Renault, Toro Rosso and Toyota).
The association was formed in September 2008 in Monza, Italy. Its president is Fiat president and Ferrari chief Luca di Montezemolo.
The organization was set up to give the teams a united voice in discussions with FIA and Formula One's commercial rights holder Bernie Ecclestone on issues such as regulations, marketing and distribution of income.
"FOTA has the objective to promote the development of Formula One and enhance its worldwide image and reputation," the association says on its website.
Two teams, Williams and Force India, were recently suspended from the organization for entering for the 2010 Formula One championships without conditions in the row with FIA over rules and funding.
http://www.teamsassociation.org/