yeh but FOM just seam like the middleman that don't do much shouts the loudest and take the most money.
its the teams and drivers who do all the work.
That's not true, though. 
Yes it is.
alll FOM does is horde up contracts for TV rights and circuit rights.
and hold the rights for F1 licencing and horde money from teams like Brawn just to keep themselfs.
Theres nothing to stop the teams doing it themselfs under a diffrent name with circuits who have no contracts.
No, it isn't. You should probably put some effort in to researching these things before you make your claims, because FOM do a lot more than just take money.
When it comes to a breakaway series, FOTA would need to establish a similar organisation to take care of the things currently dealt with by FOM, FOA and the rest of the Formula One Group.
I do Mate
http://en.wikipedia.org/wiki/Formula_On ... nistration
What else does FOM do apart from sort out contracts with circuits, and sort out the TV broadcasting?
Okay, so, aside from the fact that you're relying entirely on Wikipedia, which is changeable by any member of the community, you also don't appear to have read the very page that you are linking to.
Formula One Management
Formula One Management Ltd. or FOM controls the media distribution and promotion of content regarding Formula One. The Formula One website content is managed by Formula One Management. Financially, FOM provides partial investment for tracks and teams in order to establish Formula One where its popularity may not be well established.FOM maintains the commercial rights to the team names and all media content regarding Formula One. Coordination of planning and racing events are done with the Fédération Internationale de l'Automobile or FIA.
In recent years, FOM has asserted its ownership of copyrighted video footage of Formula One by having infringing material removed from Internet sites, such as YouTube. In 2009 an Australian blogger successfully challenged a copyright infringement notice issued against him by Youtube relating to F1 race videos made by a spectator. The videos he posted on Youtube were removed because of a copright complaint by FOM, but the blogger issued a counter notice, which FOM did not respond to, and the blogger's videos of the 2009 Australian Formula 1 Grand Prix were reinstated on Youtube.
At least within Australia, based on its copyright legislation and the legislation that enables the Australian Formula 1 Grand Prix, the FOM claim to own the copyright and intellectual property rights of all F1 footage has been successfully challenged.
The president of FOM is Bernie Ecclestone who has presided over the company since it has existed in its current form.
There are four things in there. Bernie's organisation also seems responsible for the transportation (certainly to the flyaway races) of cars and equipment to venues. Remember the row involving Dennis, Briatore, Howett and Ecclestone? He threatened to have the flight company take all of the McLaren, Renault and Toyota gear off before setting off.
If the teams go ahead and create a breakaway series, they would have to create a group that would replace the FOG and all its parts. Of course, doing that would not be easy, seeing as teams would argue over the distribution of funds, the way in which promotion and marketing is done, which venues will be on the calendar and which won't, which venues will receive any financial aid and which won't etc.