Mosley convinced budget cap is possible

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In an interview with formula1.com, President of the FIA, Max Mosley, talked about the budget cap that will be introduced in F1 from 2009. The teams will meet with the FIA on 31 January to talk about the details of the budget cap.

Mosely said: "The teams at the last meeting were strongly in favour - or almost all of them were strongly in favour - of a cost cap rather then specific regulations, because with the cost cap the amount of money is limited, but you can spend it any way you want, whereas if we start saying this is for the use of the wind tunnel or the computer, one team has a big wind tunnel, the other has got a big computer, so you end up getting everybody unhappy.

"But obviously the problem with the cost cap is we have got to agree how we are going to enforce it, how are we going to check - and what the figure should be. I am very convinced that we are able to do it, but people are still sceptical, saying: ‘how will you know for sure they haven’t had something given to them?’ The answer is we’ve got some very good plans for that. It will all be discussed in the next few months."