Welcome to THE forum, King Six.
I also consider myself a racing purist, and would love to eliminate all the excess crap not related to car performance. But Formula One is just as much a form of entertainment as racing.
So where do we stand? It appears Max is bent on reducing the costs of racing, and he rarely lets go of a bone once it's between his teeth. So he offers a method where any team wishing to follow into the budget capped system a lot of benefits, to the point where they have a very good chance of winning races. A two tiered series. That's how the opposing teams interpret this situation. Is that a good enough argument to allow them to disengage from Formula One without incurring massive penalties? That's up to the lawyers, because if Ferrari or anyone else does leave, Bernie will go after them with great determination. He has to, because if enough big name teams leave, then it is a real possibility that Bernie's entire financial house of cards will come crashing down.
For the continuing future of Formula One, new teams have to be brought in. But to have big name teams leave right now will certainly change the landscape of Formula One. I wonder how many sponsors and advertisers are affected just by Ferrari?
So (I hope) some form of compromise must be done. Right now, Ferrari have drawn a hard line in the sand, they have defined their reasons for non-participation. It's up to Max and Bernie to find a way for Ferrari and anyone else to be placated and remain.
Or is now the moment for Bernie to dump Max as head of the FIA and find someone less antagonistic?
I doubt that the budget cap will be increased any more. There are prospective teams wanting to get into Formula One, and if the budget ceiling is changed, some of those teams just may find that their business model does not make sense anymore.
A proud Canadian, and yes, HOCKEY is our game.