Three hours waiting in the Ferrari motorhome this evening, for a press conference which was all set up for a 5pm start, but then that slipped as the meeting between the teams, the FIA and FOM rolled on.
In the end we were told that the meeting was ‘constructive’ but inconclusive so there will be more meetings in the next couple of days.
This means that there is some hope. There have clearly been some concessions on both sides. The teams and the FIA stood on the brink and stared into the abyss and Bernie Ecclestone worked hard to make sure that neither pushed the other over the edge. I think the teams, after the first meeting on the boat, presented a united front, but in order to do that Ferrari may well have had to concede some things.
The feeling behind the scenes, incidentally, is that Toyota is shaping up to leave the sport anyway and that it is pursuing the line of disasgreement with the rules to give a credible reason for its exit. Time will tell. We’ve been hearing Toyota want out for a long time and they are still here..
The concessions made this afternoon will be financial, mainly, possibly a review of Ferrari’s share of revenues, possibly a review of FOM’s share of revenues. I also get the impression that the manufacturer teams have put forward some more far reaching cost saving ideas in order to try to head off the budget cap idea.
I’m afraid I can’t say much more that that, other than to show you the latest voting on the twitter poll we’ve been running on how important Ferrari is to F1. It’s a bit spooky, I hope someone else votes soon…