F1 deal ends threat of breakaway

An agreement has been reached between Formula 1's governing body and the teams to prevent a breakaway series.

The two parties had been engulfed in a bitter row over planned budgetary and technical changes for the 2010 season.

But it appears a resolution has now been found and, as part of the deal, Max Mosley has agreed not to stand for re-election as president of the FIA.

SOURCE: BBC Sport