Q:
A question to you all. It has been announced that we are going back to America. What sort of effect is that going to have plus the fact that we are going to another major economy in India next year? Do you see that having a reflection with the sponsorship that you are able to get? Is that going to have a major effect on the finances of Formula One?

Adam Parr:
We are very, very excited about it. Two of our sponsors - one of them is based in Texas, AT&T, and Thomson Reuters have a couple of thousands employees there, so it is great for our partners in particular. But, obviously, more generally I think it is fantastic for the sport because not being in America is wrong for a global sport and I think it is brilliant all round. Well done, Bernie. Just when you think the old boy has given up the ghost he comes up with a fantastic deal.

Q:
Do you really think he has given up the ghost?

Adam Parr:
That was off the record by the way.

Q:
Franz?

Franz Tost:
Thanks to Bernie as well, as for Red Bull it is very important. It is a major market and we are looking forward. I have always said that at least we would need two grands prix in America, one on the west side and one on the east side. Now we have one and it is very, very important for us to go there as well as for our sponsors.

Stefano Domenicali:
Difficult to add to what Adam and Franz have said. As you know the US is the main market for our brand, so really great news. You know that all the teams were pushing to go back since basically when we left the US to go back straight away, so this is great news and really delighted. Texas is another area where we sell cars, so it is important for us.

Ross Brawn:
Hats off to Bernie as it is something we all want and need and he has done a great job again in finding an American grand prix. It is very important commercially but also important to continue to spread our fan base as there are a lot of keen enthusiasts in America who have been deprived of a race for a little while. We always found a huge, very specialist enthusiasm in America for Formula One and we are delighted to be going back.

Q:
Another question to all of you. There's been an agreement not to use the double diffuser, an agreement not to use the F-duct next year. Is there anything else that might be rearing its head? Is there anything else that you might be agreeing on? Is there anything else you want to get rid of in terms of the technical side of things?

Adam Parr:
Well, we have got a whole package of, I think, great proposals for next year. Ross is leading the way as chairman of the Technical Working Group of FOTA, so he might want to say a bit more about it. But I think there are some really exciting and interesting changes on the horizon. We haven't quite finished the process yet but hopefully Ross will nurse it all through in the next few days.

Ross Brawn:
I think Adam was right. We are not quite there yet. I think it would be presumptuous to say exactly what we are trying to do. But we are mindful of always trying to improve the show, always trying to improve the potential for good racing and also mindful of constantly having to push back the performance of the cars because every year we gain one or two seconds and every year or two we have to push that back again. Some of the changes you mentioned are happening but there is a package of other changes that we are all in discussion trying to find the best way forward. But quite excited about the prospects for next year. I think we have got some good things but I don't want to say too much until all the teams are comfortable with the proposals.

Q:
Is there anything more to add, Franz?

Franz Tost:
No, nothing special. On the one side Formula One is the big of motorsports and this is the creativity of the engineers that they are coming up with new specifications. Whether it is the double diffuser or the F-duct. I don't know what's in the brain of the engineers. Maybe they have five other new special parts on the car which they will not show now but next year. Then we discuss once more to get rid of it. We will see.

Q:
Stefano?

Stefano Domenicali:
No, nothing to add. The same position on my side.

Q:
Another question to all of you. A lot has been talked about spare cars. The new tyre supplier, whoever that may be, and also testing. It is suggested that the amount you spend on simulation is almost more than it would be on testing. Is there a case for opening up the testing a little bit, particularly towards the end of this year when you have got a new tyre supplier as well? How difficult is that going to be to balance?

Adam Parr:
I think we have reached a very delicate balance over the last couple of years. Thanks to a number of the bigger teams, if I may say, as well as others we have got the costs down to a very much lower level than they were and we have a programme over the next two years to reduce them further under the Resource Restriction Agreement, which is a voluntary agreement within FOTA. I am very concerned that we don't chuck that all out because very few things that one could do are actually going to improve the show very much or at all and they are certainly going to increase costs. I think we are still in a very fragile economy at the moment. If you look at the composition of the Formula One grid for next year in particular I think you will find that the vast majority of teams are not in a position to increase spending at all and many need to reduce spending quite significantly. I think this is not the moment to start changing things that are going to increase costs. Maybe we can come back to that in the future but not for now.

Q:
Franz, you would presumably like to increase the experience your drivers have on the circuit?

Franz Tost:
Yeah, but as Adam said, everything is a balance. It is a question of money, simple as that. To increase the testing means simply to recruit a test team, to build up once more the infrastructure for a test team and this costs money and normally I say every second you are not on the race track is a loss for your life and therefore I would like to go testing. But it is simply how to finance everything and currently within FOTA and within Formula One we have worked out a good solution. We test on Friday for the races and I think this is quite a good balance. Regarding your other question, the third car, there is always an incident where you say 'oh, if we now had a third car it would be better.' The next step would be a fourth car as we had in Monaco a couple of years ago. Once more we have to find the balance of the expenses and of the income and I think we are now on the correct way. Don't forget that to this year and especially next year the Resource Restriction Agreement will also come into play and to bring everything under one cover is not so easy.

Stefano Domenicali:
Well, on one side I give you the principle that Adam and Franz said. But on the other side we need to be careful not to lose the focus also on the show and the supporters. I am speaking about, for example, what happened to us in Monte Carlo. We did that for a good reason, no doubt about it. If you look what was the position of all the tifosi that were there and were waiting to see him getting out but it was not possible as it was not possible to change the chassis. Also on that side we need to be a bit more balance maybe. I think that it is an item that maybe in a way to keep the limitation that we have, has in my view to be discussed to be more balanced. With regards to testing I think next year with in any case a change of tyres it will be crucial not to arrive at the last minute without any proper testing, otherwise maybe we will have big problems during the race weekend which is what we don't want. Maybe, and this is another point that we are thinking, to see without changing and going back to test team recruitment as this is not correct and is totally wrong, but to see if we can select a different weekend format or extended day for testing in order to make sure we can do a little bit more. This is my position.

Q:
Presumably you would have to ask the tyre company to produce more testing as well as, for example this year, you have actually reduced the number of tyres?

Stefano Domenicali:
Yes, this is our point on the agenda that we have to discuss with the tyre manufacturer as soon as we have decided and we know who will be the supplier for next year. But I would not underestimate the fact that in a new scenario with the actual limitation of testing it would be a point of attention.

Ross Brawn:
I think as Adam said the economy is very delicate at the moment and we need to be careful to take a view for all the teams in Formula One. I think Formula One is heading to a stage where the costs involved have been controlled and have been significantly reduced and will be further reduced in the future. Mercedes GP or Mercedes came in Formula One with their own team because of their belief that those costs would be controlled in the future and this wouldn't be a spending competition. It would be responsible and we don't want to be involved in that sort of form of Formula One. We want to be involved in Formula One which is still the pinnacle of motor racing but which rewards the challenge, rewards the innovation of engineers and takes a slightly different direction than perhaps the direction it has been in, in the last few years. I think on the separate points it was unfortunate that Fernando could not continue and I think we can look at that in detail and see if we can find a better set of regulations to cover issues like that as we don't want to lose cars from qualifying. Clearly we need to have some specific testing to make sure the tyres are sorted properly. We need to manage that. I think on the subject of testing overall we mustn't go back to having separate test teams. If there is any testing introduced it has to be integrated in a way that we don't need extra personnel to do it. That is a big challenge as we have got a lot of races coming up now. I think there are 20 races next year and all of us are having to look at how we manage our people and how they can cope with 20 races. Fantastic that we have got 20 races and I am not complaining. But there is a pressure now on how we can manage that with our people and maybe we have to start rotating a few of them and along with that we certainly don't need to have a separate test team. I think things have gone in a very good direction and I think we should massage it a little bit more, not change direction fundamentally.

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