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FOTA will have to scramble to put races on the calender for next year. Putting on a major auto race requires a lot or logistical planning, implementing safety procedures, contractual details, etc - not like putting on a football match for instance.
The FIA will probably try to block any of FOTA's moves to put on races with legal challenges across the board. It may be difficult for the traditional F1 tracks to defect to another racing series because of their prior relationship with F1.
I will go out on a limb and say FOTA will have maybe 5 or 6 races next year - similar to what the IRL had in 1996 in the early stages of the civil war over here.
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