Bernie Ecclestone has suggested that Formula One's recently-imposed 2010 budget cap could be set for change in a bid to calm the waters that Max Mosley's initial bombshell caused to ripple over the weekend.

With Ferrari up in arms at the proposed ?40m ceiling for next season, Ecclestone has hinted that budgets could be eased - possibly to allow for as much as a ?60m starting point in 2010 - with subsequent seasons seeing the amounts reduced incrementally to achieve the ?40m figure within three years. The proviso, however, is that all ten existing teams agree to the deal, rather than being allowed to opt out and run to more tightly-controlled technical regulations. Any new teams hoping to enter the top flight are only expected to be attracted by the thought of a budget cap.

"It would appear that everyone is in favour of the cap, including Ferrari, if we can get them to agree - which we can," Ecclestone told Britain's Times newspaper, "However, there is concern over the amount that is referred to in the cap for some of the teams, and also the two-tier system, [but] these are probably not monumental things to sort out."

Critics have claimed that a budget cap is fundamentally unworkable, especially in F1, with no-one able to prove what is being spent, but Ecclestone has revealed that the teams will be required to sign a three-monthly pledge to say that they are operating in accordance with the limit - which covers all aspects of the sport except marketing, driver salaries, engine costs and fines - with heavy penalties likely for those found not to be conforming.

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