As I see it, there is no chance of a breakaway series, nor this is a dispute about egos.
It is about money.
All the comments about Mosley or Montezemolo being monsters (aren't we all, monsters and angels?

) are naive, from my point of view.
FIA continues in its logical course of action, trying to use the teams brought hurriedly into the championship to undermine a recent, strong syndicate of teams.
On the other hand the teams are determined to take away from FIA the right to decide the new rules, a valiant task.
As I've stated before, I think that in the end there will be a consensus among FIA and FOTA. Expect many more press releases until FIA president election. Then, power will be measured more clearly.
I think FOTA will support a new candidate for president. I also think this candidate (if he appears) doesn't have too much of a chance, FIA electors are in the same boat as Mosley, it's also logical for them to support the current president. After all, FIA authority is under attack.
They MIGHT reach a new name, as a compromise. Maybe (as is usual in these kind of situations) an unexpected third name (not Mosley nor FOTA still-to-be-known candidate) might be the winner.
If I were a FIA Council member, I would be trying to reach compromises right and left: this might be the best course for a person who tries to position himself as a possible "middle of the road" next president.
Meanwhile, FOM has moved the issues well away from money split, which is at the bottom of all the kilowatts of energy spent in Internet pages.
This money-split theme will come back, as soon as technicalities (technical issues) are solved.
I think a most intese dispute will arise around October or November, so the ones among you that are tired of this kind of threads will undoubtedly become really weary before this year is over.
Be patient, the tale is more or less entertaining.
This is what real life is about: money; dirty, sweet, useless, esential money, the true fuel of racing dreams.