Sweet!
This is all about Mad Max, FOTA will only split so far as Max still holds control over FIA. It will end with FOTA gaining control over F1, worst case is via a one year breakaway series stealing the status from FIA-F1. Its most likely Max will fold within a month.
I had my doubts on the power of FOTA, the breakaway series would not get the staus without Monaco, the other tracks are not so important. This was the only showstopper. (I could see, becuase I cant see all the secrest and non secret contracts)
FOTA only needs to put enough "features" to the table to beat F1. The features are things like (in this order):
* Ferrari
* Reputable drivers (previous F1 world champions)
* Other reputable teams
* Monaco
* Other reputable tracks
The more features they show, the more they get. The ones above is probably enough to get the next and the avalanche is rolling (into Max office pushing him out of it)
* TV coverage (if they get coverage, they get Bernie who will provide lucrative deals on better coverage)
* FIA Status
* Formula 1 name
* Power over the rules for years and years to come.
It will be a very expensive fight, but not as expensive as redesigning the car in a few winter months to fulfill "cost saving" rules changes.
When I say that they get Bernie, it does not mean that they automatically get to take all his horrible ideas (like valencia and medals). Bernie is first and foremost a very successfull businessman, lunatic is only a side feature when his work becomes too easy.