Ferrari: Long list of deals need to be agreed for 2021, but it's doable

Ferrari has revealed there is a long list of topics that still need to be finalised with Liberty Media over the 2021 Formula 1 rules, but the team believe a deal can be reached eventually.

The FIA and Liberty Media, F1's owners, have been pushing to try to get the rules and regulation changes agreed by June 2019 and negotiations between the teams, the owners and the governing body have increased in the past few weeks.

There was a joint presentation made ahead of the Bahrain Grand Prix, with ideas revealed and now there are more individual discussions to take place soon.

There are of course, some outstanding issues that haven't been agreed - inevitably. But, Ferrari especially, are a team that are optimistic that there will eventually be a deal struck.

"There is not much time, but for us it is more important to make sure we've got the right agreements and we should not be caught by time," Ferrari team principal Mattia Binotto revealed to Autosport.

"But it's not because the list is long that the compromises are distant as well. I'm positive on the level of discussion and collaboration we've got. That's why I'm optimistic we'll find the right balance."

Many team bosses have threatened their respective teams could leave Formula 1, if the rules and regulation changes don't suit the side's style, including Red Bull team principal Christian Horner.