Midfield teams encouraged by 'positive' 2021 meeting

Some of Formula 1's midfield teams have been left encouraged by the recent meeting that was held in London to discuss the 2021 regulation changes.

The meeting took place on Tuesday, with it being described as a "good step forward". Teams have been calling on the new regulations to be finalised soon, so they can start working on the expected major changes.

As well as technical regulations that are set to undergo change, the sporting regulations are also on the agenda, with standard parts, changes to money distribution and budget caps all likely to be introduced.

"Chase [Carey] rolled out I think pretty much what we were all expecting around the budget cap, revenue distribution, governance and technical rules," said McLaren CEO Zak Brown. "I don’t think anyone was surprised because he has been consulting with all the teams, really since this time last year."

Alfa Romeo team principal added that the situation is not easy, as all 10 Formula 1 teams are trying to agree on one deal.

"We tried to cover all the topics of the project. I think that we are doing a good step forward," he said.

"It’s not an easy one because we are 10 teams around the table with different kinds of structure for the company, with different targets, but we are going in the right direction from my point of view."

Haas team principal Guenther Steiner agreed that the talks were positive, but hopes that the new rules get signed off soon so the teams can "move forward". 

"I think it’s a good step forward and hopefully we can get this done soon, because we need to move forward," he said.

"We need technical regulations, we need the governance, to know how that works going forward, but Chase and Ross [Brawn], they work hard on it and together with the FIA, with Jean Todt, hopefully soon they can come up with the ultimate solution which will please all of us and find the right compromise among the 10 of us, which I don’t envy them to try to find the compromise between us 10, but somebody has to do it and they will get it done.