There has still be no resolution to the Formula 1 budget cap row despite further talks in Monaco today (Friday) between the teams, Bernie Ecclestone and Max Mosley of the FIA.
Earlier in the week an injunction from Ferrari to stop the planned budget cap was kicked out of court.
Ferrari are being even more up the own arse than usual this week making some very scathing comments about the "quality"of the new teams vying to join the F1 Championship next year. (These teams include prestigious and highly experienced companies such as Lola).
According to Ferrari it will be more like GP3 next year than F1.
Perhaps it has escaped their attention that they are being soundly whipped this year by a two bob team by the name of Brawn GP?
Correct me if I'm wrong but didn't McLaren, Williams and umpteen other teams start from scratch with limited budgets before growing to where they are now?
In the latest twist Ferrari are threatening legal action as they say they were given a right of veto over technical changes in 2005. Ecclestone is hinting at a possible counter claim against Ferrari for breach of contract should they quit the sport before 2012.
Further talks are planned for Saturday......
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