FIA president Jean Todt says the ongoing attempts to nail down a set of regulations to govern Formula 1 with from 2021 is in a "very good situation" despite recent confirmation that an announcement has been delayed until October this year.
Finer details in the new Concorde Agreement are still to be ironed out, with Liberty Media having seen stiff opposition in their attempts to introduce a budget cap, change F1's revenue distribution and alter the engine formula.
Teams have previously raise fears that leaving an announcement too late could hamper preparations for the 2021 season.
But Todt sees a positive in the turmoil, claiming all interested parties are now singing from the same hymn sheet.
"I'm not worried at all. Very often in F1 I'm worried because nobody agrees," Todt said.
GPFans is a multi-platform, multi-language brand dedicated to Formula One coverage. We bring you all the ins and outs of the sport, 24/7, everything from up-to-the-minute news and features to the latest viral stories and clips.
We believe that a new generation of exciting, outspoken drivers will make F1 more popular than ever before, and we want to give our users access to as much of their heroes as possible, on and off the track. From Lewis Hamilton to Max Verstappen, Daniel Ricciardo to Sebastian Vettel, we provide in-depth analysis of every every Grand Prix in the season, from Australia to Abu Dhabi.
With Formula One under the new ownership of Liberty Media, how the sport is being covered is evolving, and GPFans will look to be at the heart of this progression into new media, as one of the fastest-growing sites covering the king of motorsports.