Williams confirm 2010 entry

FORMULA ONE: Williams chief executive Adam Parr said the team felt &ldquo;morally and legally obliged&rdquo; to announce their participation in the 2010 Formula One championship.<br /><br />F1 chiefs are desperately seeking a compromise in the ongoing budget cap row which threatens to end the participation of several teams, including Ferrari.<br /><br />But Parr said: &ldquo;We owe it to our employees, sponsors and fans.&rdquo;