Bernie – There will be a cap

Despite FOTA signing up for next year's Championship, they could still be on a collision course with Max Mosley as Bernie Ecclestone says he's "sure" there will be a budget cap next season.

On Friday, the nine FOTA teams submitted a block entry for next year's Championship, however, they made it clear that their entry was conditional. Those conditions include the signing of a new Concorde Agreement before 12th June and regulations being based on the 2009 rules.

Where this means FOTA stands on a budget cap remains to be seen as while their comments suggest they are rejecting any cap, earlier reports claimed that they were willing to compromise with Mosley on a figure of $87.5m.

"I am sure there will be a cap," Bernie Ecclestone told The Times of London newspaper. "I think we are seeing the start of what is going to be a huge row – no, this is the beginning of something positive."