As one of only two current teams - alongside Williams - to have signed up to compete unconditionally in the 2010 F1 World Championship, Force India has revealed that the Formula One Teams' Association's decision to form a breakaway series in the wake of a breakdown in budget cap talks with the FIA is 'very sad and disappointing'.

The Silverstone-based minnows broke ranks with FOTA earlier this month, on the grounds of 'legal and commercial obligations' [see separate story - click here], and was subsequently dismissed for its lack of allegiance to the organisation. In a statement released today, however, FIF1 admitted that it had hoped that in the final reckoning there would be a compromise between the two warring factions to prevent the top flight from imploding and being torn apart at its core - but the probability of a resolution now seems less likely than ever.

'We have been completely open and transparent with FOTA,' read a statement from the traditional back-of-the-grid privateer outfit. 'We have shared the legal and commercial obligations that necessitated an unconditional entry by Force India to the FIA Formula One World Championship in 2010. I think the transparency with which we acted was appreciated by FOTA, but they chose to suspend us, like Williams.

'We were always hoping there would be compromise between FOTA and the FIA, but at midnight last night I was notified by FOTA about their decision, which already seems to be heading towards a breakaway championship or series.

'We find this to be very sad and disappointing, particularly since the FIA World Championship and the Formula One brand have been developed into an invaluable property over many decades.

'As of now, Force India is a confirmed entrant to the 2010 FIA Formula One World Championship, and we wait to see the developments over the weekend. Until a clear direction has been identified, we do not wish to make any further comments.'