"I think everybody is more or less happy with the budget cap," Bernie Ecclestone said in a report at AutoRacingDaily.com, "although just how much? They will go with it higher, maybe it will be lower. It’s just a case of sorting it out. I am confident all the teams will still be racing next year.”
Our View: It appears that teams are willing to participate, so long as the two-tier technical requirements are scrapped. Any kind of salary cap should provide closer competition, which will make fantasy races more interesting.