Big politics are at play in Formula One.

Amid all the noise about quiet engines and the urgent need to change rules, many suspect Bernie Ecclestone is hard at work on his latest coup.

According to the respected correspondent for Auto Motor und Sport, Michael Schmidt, the F1 chief executive is furious the FIA won the battle to get turbo V6s on the grid.

Ecclestone is reportedly now determined to win the war.

FIA president Jean Todt declared mere hours ago that a EUR 150 million per team budget cap for 2015 was set to be imminently agreed.

“From all of my discussions,” said the Frenchman, “I conclude that the majority of the teams, the FIA and the rights owners do want this cost limitation.”

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