F1 closing on resolution

Formula One’s civil war is poised to draw to a close this weekend following a resounding show of unity from the teams.

After a series of discussions yesterday in the paddock, on board Flavio Briatore’s yacht, the teams and FIA president Max Mosley appear to be closing in on a resolution.

That is primarily due to the “common ground” discovered by the Formula One Teams’ Association during a two-and-a-half-hour debate.

It allowed them to present a united front to Mosley in the meeting that immediately followed on his ’home turf’ of the ACM that sits on the start/finish straight of the Monte-Carlo circuit.

Although there was no outright conclusion, FOTA are to hold further talks today prior to again speaking with Mosley when it is hoped an end to the saga will be reached.

The indication is that, while the teams are not averse to the introduction of a budget cap, the £40m (€45.49m) figure demanded by Mosley from next season is too little, too soon.