'Teams intend to cut costs their own way'

Ferrari team boss Stefano Domenicali says the F1 teams are intent on cutting cost despite opposing Max Mosley's planned budget cap.
Mosley recently passed a £40 million budget cap that he intends implementing in F1 next season, however, did so without the consent of the existing F1 teams.
This has caused much strife in the sport prompting Mosley to meet with the teams on Friday in London. The two parties, though, failed to come to a compromise with the FIA President insisting that he will not back down on the cap.
Following the meeting, the teams themselves met in the hope of finding a solution that they were comfortable with. But after hours of talking the bosses refused to publicly comment on what had been said.
"I think that the meeting shows that on one side there is a very united group of teams that were discussing with the president of the FIA about the future, and above all this regulation. That is what I can say," Domenicali said.
Asked by Autosport about the possibility of compromising with Mosley, the Ferrari team boss said: "I think that, as we said, it is a work in progress.
"We are working hard to find a solution and I think today with the teams we showed our unity, with a different perspective but it was important to reiterate our concept."
Domenicali also insisted that the issue with Mosley and his budget cap is not simply just about cutting costs: "I think that is not only the case.
"We need to discuss about other things regarding the governance and the way the rule is done. It's not only this point on the table of the discussion."