So much for 26 car grid next season

Today Ferrari have joined, Red bull/ Torro Rosso, Toyota, Renault and BMW* in saying they have no interest in participating in a budget capped F1 under the current proposals.
Thats 12 possible cars gone from the grid with 6 coming onto it.
My only hope is all these teams actually follow through with it, and set their own season and championship up. Maybe we'll then see a proper competition.
I liked Flavio's recent comments that F1 is no place for cheap teams even in this current climate, annd that F1 should remain a little more exclusive than other series.
The pinnical of motorsport is being turned into a joke with all these artificial equalisers.
** edited as I put the wrong team, BMW have said they will leave not Mclaren. Sorry.
Thats 12 possible cars gone from the grid with 6 coming onto it.
My only hope is all these teams actually follow through with it, and set their own season and championship up. Maybe we'll then see a proper competition.
I liked Flavio's recent comments that F1 is no place for cheap teams even in this current climate, annd that F1 should remain a little more exclusive than other series.
The pinnical of motorsport is being turned into a joke with all these artificial equalisers.
** edited as I put the wrong team, BMW have said they will leave not Mclaren. Sorry.