FIA president Max Mosley said today that he was ready to start negotiations with FOTA to try to get F1 back on track after the teams opted to start a breakaway series.
“We are talking to people all the time,” he told BBC’s F1 programme. “It will all be back to normal, it’s just a question of when. We are very close. What divides us and the teams is minimal and really is something we could sit down and iron out very quickly.”
Mosley was very active with the media in the run up to the race. He was clarifying comments made yesterday by Bernie Ecclestone yesterday that if the teams signed up for five years the budget cap idea would go out of the window. Mosley said that what Bernie meant to say was that if the manufacturers, not the teams, sign up for five years then the budget cap idea will be dropped.
This is their way of putting the manufacturers on the spot, getting them to commit, implying that they doubt the manufacturers’ long term commitment, which
The FOTA team principals I spoke to said that there hadn’t been much talking since Friday and that they feel they have the upper hand now and the FIA is ‘backtracking’. It’s still quite finely balanced and it will be interesting to see if anything happens on Wednesday at the world council meeting.
The commercial people in F1, the sponsors and TV execs all say that they desperately want a solution to this quickly. So too do the new teams because it is hard enough to put a new team together and raise money, without doing so with instability all around.