Teams sign up for season 2008

The five teams united through the Grand Prix Manufacturers Association...have submitted their entry forms for the 2008 FIA Formula One world championship," the GPMA said in a statement.

The teams are Renault , McLaren Mercedes , BMW Sauber, Honda and Toyota.

"The teams look forward to the FIA's acceptances, and to beginning discussions with the FIA in order to finalise the regulations for 2008," the GPMA statement added.

"The GPMA members are united and remain committed to improve the sport for the benefit of all stakeholders.

"Significant progress has been made in the negotiations between the GPMA and the commercial rights holder, and discussions are ongoing."

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