Wednesday Meeting Productive

After Wednesday’s meeting between FOTA and the FIA Max Mosely (FIA) had this to say about the cost cutting negotiations for 2010: "I am willing to compromise, but only if small and new teams can operate with much lower budgets and are not much slower than the others."

The details of the compromise are not clear but it is likely it will be slowly introduced over a number of years.

Mosley added: "I am very optimistic about a solution. The big and small teams have very different interests and we have to protect everyone. Will Ferrari enter by Friday? I think so. I am optimistic and confident. Ferrari is very important for Formula One, but Formula One is very important for Ferrari as well."

The deadline for team entry for 2010 is this coming Friday. As of yet only Williams have confirmed entry. It is likely Brawn and Force India will also sign up to 2010 by Friday as they, like Williams, rely solely on Formula One for their income and business.

Hopefully Brawn and Force India will not weaken FOTA’s strength and will enable for them to negotiate to a point where they are happy and all the Formula One teams can sign up for the 2010 championship.