The FIA has suggested the latest threat to the future of Formula One could be over "in the coming days".

Issuing a statement entitled 'Setting The Record Straight', motor sport's world governing body has responded in kind to FOTA's claim from Wednesday that F1 was again "in jeopardy".

In the latest round of politicking that will only further anger the fans who just want to see the best cars on the grid with the world's best drivers at the wheel, the FIA has chastised FOTA.

Representatives of the eight FOTA members walked out of a meeting at the Nurburgring with FIA technical delegate Charlie Whiting, placing on the line the agreed peace deal of a fortnight ago. FOTA made it clear they were appalled when they were informed they had no voting rights with regard to the framing of the sporting and technical regulations for next season.

That was despite the fact they were listed as entered for 2010 by the FIA after a gentleman's agreement brokered between president Max Mosley, F1 supremo Bernie Ecclestone and FOTA chairman Luca di Montezemolo in Paris on June 24 which culminated in the scrapping of the £40million budget cap. The FIA confirms Mosley twice wrote to Di Montezemolo prior to Wednesday's meeting reminding him the five teams who had entered under the budget cap rules had to agree the revised regulations.

The statement added: "This is because of the International Sporting Code, and also because the entered teams have a contract with the FIA not even the General Assembly or World Council can abrogate.

"Imagine the uproar if, after the FOTA teams had entered, the World Council were subsequently to change the rules without asking them.

"To suggest FOTA were only made aware of this during the meetings of yesterday (Wednesday) is quite simply untrue. So is the implicit claim they were all unaware of one of motor sport's basic principles."

The FIA further state that, despite FOTA's walk-out, the other five teams - Williams, Force India and the three new entrants, US F1, Campos Meta and Manor Grand Prix - did agree to the changes. The stumbling block, as far as the Federation is concerned, relates to the signing of a new Concorde Agreement, a confidential document that governs the commercial side of the sport.

"It has always been the FIA's understanding the FOTA teams wanted a Concorde Agreement in place before entering the 2010 championship," related the statement. "Once entered, the FOTA teams could no longer threaten a breakaway because of the contractual position."