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Formula 1's top three agree on budget cap

Red Bull motorsport advisor Dr Helmut Marko says the team, Mercedes and Ferrari are all in agreement over the proposed introduction of a budget cap. However, he also confirmed that reports of an agreement being reached with the sport's owners Liberty Media are inaccurate. It had been suggested that a recent F1 strategy group meeting had concluded with teams agreeing on a sliding scale of budget caps – a less expensive grid being one of Liberty's major aims for Formula One. While Ferrari and Mercedes have previously been very vocal against a budget cap, Marko suggested they are now starting to be won over. Speaking to Auto Bild, Marko said: 'We are still a long way from an agreement....
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