From GMM
F1's biggest teams have scheduled a meeting in Stuttgart next weekend to discuss the future of the sport, according to reports.
The news was reported by the Daily Telegraph but also Sky News' City editor Mark Kleinman, who has been very well informed so far on the possible Rupert Murdoch-led takeover of formula one.
The reports said the Stuttgart meeting will involve Ferrari, McLaren, Mercedes and Red Bull and the latter three teams may "investigate the possibility of joining the consortium themselves", the Telegraph 's Tom Cary wrote.
A Ferrari-linked company has confirmed it is allying with News Corporation in the consortium, and Italy's Autosprint says it is "absolutely conceivable" that the likes of McLaren and Mercedes might also get involved.
The governing Concorde agreement expires at the end of next year and BBC pundit and former team owner Eddie Jordan thinks there is a lot of "posturing" going on at present.
On Wednesday Ferrari reacted to the news that a company linked to its carmaker parent Fiat was involved in the potential F1 takeover.
"We have no comment to make, partly because we are not directly involved at the moment. All we can do is repeat what has already been said so often in the past -- Ferrari stresses the importance of ensuring the long term stability and development of formula one," said a spokesman.
F1's biggest teams have scheduled a meeting in Stuttgart next weekend to discuss the future of the sport, according to reports.
The news was reported by the Daily Telegraph but also Sky News' City editor Mark Kleinman, who has been very well informed so far on the possible Rupert Murdoch-led takeover of formula one.
The reports said the Stuttgart meeting will involve Ferrari, McLaren, Mercedes and Red Bull and the latter three teams may "investigate the possibility of joining the consortium themselves", the Telegraph 's Tom Cary wrote.
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| Christian Horner (Red Bull), Ross Brawn (Mercedes GP), Stefano Domenicali (Ferrari), Martin Whitmarsh (McLaren) - Photo: Formula1.com |
A Ferrari-linked company has confirmed it is allying with News Corporation in the consortium, and Italy's Autosprint says it is "absolutely conceivable" that the likes of McLaren and Mercedes might also get involved.
The governing Concorde agreement expires at the end of next year and BBC pundit and former team owner Eddie Jordan thinks there is a lot of "posturing" going on at present.
On Wednesday Ferrari reacted to the news that a company linked to its carmaker parent Fiat was involved in the potential F1 takeover.
"We have no comment to make, partly because we are not directly involved at the moment. All we can do is repeat what has already been said so often in the past -- Ferrari stresses the importance of ensuring the long term stability and development of formula one," said a spokesman.