Renault's thinking of pulling out too
http://news.bbc.co.uk/sport1/hi/moto...ne/8343221.stm
Edit > This is in disarray, The FIA wanted to reduce costs but the teams led by Ferrari didn't want this. The FIA need to act now as in tonight.
The tyres situation - will Michelin step in? wasn't the reason why F1 chose Bridgestone over Michelin was, Michelin didn't perform as well.
This is a global competition and if Michelin were to come in, it will look like they are second best to me.