A question to all of you: now that everyone is pulling in the same direction, what is your vision of the future of Formula One?
Christian Horner: I think that first of all it's great that all the manufacturers and teams have signed up for the future and that hopefully now there's peace and we can really focus on improving the show. I think the key thing is taking Formula One to the people, getting the public more involved. I think a lot of what Red Bull stands for is doing exactly that. I would personally like to see it go more and more in that direction.

Gerhard Berger: I agree with Christian. I think the other important part now is to get the technical regulations right. There are also a lot of discussions about that. I think everybody is clear that we need to find a way to reduce costs. Everybody has different proposals but I think the FIA is taking a strong line, which is very good for all of us, especially for a team like Toro Rosso, to have a safe future, because it has to be in relation to what you can get in the market in terms of sponsors and money, with what you have to spend to have some success. I think that's going to be the main job in the near future, and I have the feeling that on this side, not just on the commercial side but also on this side, I think Formula One is heading in the right direction.

Flavio Briatore: I agree with both of those we've heard already. It has taken six years to negotiate a commercial deal, and finally, after six years, everyone has signed which is good. Now we hope it won't take so long to have the technical result as well. But I believe that everybody is now saying that they want a much more efficient Formula One, because this is what we need for the future, in order to keep the private teams and to keep the manufacturers in this business. What is missing is efficiency and if we can get everyone together, we can hope to achieve this result. This is what is the Formula One of the future for me. We need to take care of our public, our customers. We need overtaking; we don't want to just see overtaking in the pit lane. Racing means racing. We don't see a lot of racing any more on some circuits. Nobody seems to care about that. I believe we should really be doing something more impressive for the public, for the people watching us. At the moment, it's good for the sponsors, for everybody. And we need to cut the costs. Really, it makes no sense. Everybody knows the costs go up. It's good that our show goes better but what we need to do is trying to manage a team, not in an emotional way or an engineering way – only the technical side – but as a business, because at the moment, nobody cares about business and nobody cares about our customers. This is what we need to do: we need to think about our customers, the millions of people who pay for the TV rights to see us and to give a good show. Sure we need to keep the technology but sometimes we have to match it to the driver and really make sure the driver does the job, and make it spectacular. This is what we need to do: take care of our customers.

Jean Todt: The framework for the future of Formula One is clear. We have the rules and we cannot expect that there will be a lot of changes from those rules. Now we just have to make sure that the rules will answer to the needs of Formula One and the need, as it was summarised before, is to reduce costs, it's to reduce driver aids, because we know that more driver aids means less of a show, so we improve the show and hopefully improve overtaking. If you manage to get that through the new framework of Formula One, I think it will be a great achievement.

Again, the next question is for all of you: how do you reconcile the need for a technological challenge with cost-cutting?
JT: I would say that Formula One, in my opinion, does not need, as its first priority, technical challenge. It needs show. It needs people fighting on the track and very often, with the more technology you have, the less opportunity you give to the drivers to fight on the track. So you just need to try to find the right combination of the two. I realise that we are part of the teams, there are big manufacturers involved and they want to participate in a discipline that is the pinnacle of racing, of technology, but saying that, you don't need to spend a huge amount of money to achieve what needs to be achieved in Formula One. So I really feel that it's in this direction that Formula One is going, that we have to decrease technology. On the engines, we will have one aim which will be achieved, on electronics, with a standard ECU. So it goes in this direction but, as I said, you need to see a substantial cost reduction in order to have twelve teams.

In the business, we know that getting sponsors is more and more difficult. A top team can do it, but it's very difficult for the smaller teams. So the only way is to be able to reduce the number of people in Formula One. There's no meaning to have 900 people in a Formula One team for 19 races and there's no need to spend so much money so we definitely need to take a step down. I don't want to promote GP2 – I will leave that to Flavio – but you can see that with two million Euros you can have a good show with two cars for a year, so is it normal to have such a big difference with Formula One? I don't think so.