Don't hold a gun to Bernie's head unless you are prepared to pull the trigger

I have just seen that Renault have joined Ferrari in pulling out of Formula One Grands Prix if the FIA insist on capping team expenditure at £40 million.

As Max Mosley might say, they are on a hiding to nothing. Nobody messes with Bernie Ecclestone unless they have the resources of the La Cosa Nostra or NASA.

Says Bernie:

I hope common sense will prevail because the last thing we want to do is lose any of the manufacturers or teams currently in Formula One

which is Bernie speak for "If they don't like it, they can fuck off"