Secret Meeting in London to Next year Formula 1 teams

A secret meeting was held in London yesterday between FIA president Max Mosley and eight dissident teams to posting unconditional entries.

Scuderia, along with Renault, Toyota and the two Red Bull-backed teams have been the most vocally-opposed to Mosley's budget cap plan, claiming that the technical benefits signing up to it may confer on rivals would lead to a two-tier split in the sport. The move has been proposed by Mosley in a bid both to cut the cost of competing in the wake of Honda's 2008 demise and, as a result, bring in new blood to swell the grid.

Reuters claims that various sources have suggested that one compromise could see the entry list published incomplete, with some entries unfilled pending further talks.

The news agency also claims that a letter, from Mosley to FOTA president Luca di Montezemolo, admits that the level at which the budget cap is set could be massaged to start at a higher level before following a 'glide path' to the FIA's desired £40m limit in future seasons. That, however, could alienate some of the ten or so organisations who have lodged bids to join the grid under tight cost-capping measures.

Rules Makeover Will Improve Spectacle, Mosley Says

Max Mosley believes that moves to improve the spectacle of Formula 1 should be focused around boosting overtaking rather than a radical overhaul of the race weekend.

Earlier this year, Renault team boss Flavio Briatore suggested a shake-up to F1’s format, with a GP2-type double header instead of the traditional single race (click here for story). Mosley says the FIA will consider all possibilities, but he reckons making passing easier should be the first priority, rather than changes to the established race format.

Read full story here