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‘It`s too early to predict any outcome’
F1`s carmaker group will meet with Bernie Ecclestone in Bahrain this weekend, but a spokesman downplayed reports of an imminent deal.
However, as their threat of a `breakaway` championship in 2008 subsides, the GPMA representative said `significant progress` is being made to appease the irritation of BMW, Mercedes, Renault, Toyota and Honda.

“We hope to address several of the outstanding issues (in Bahrain),” the BBC quoted the spokesman as saying. “But it`s too early to predict any outcome. We don`t want to speculate but things are moving in the right direction.
``

Privateer team owner Sir Frank Williams, who has already signed Bernie`s 2008 contract, agreed that the war is moving towards compromise.

“I believe that the chances of (a rival series) occurring (is) looking less likely with each day that passes,” he told the Guardian.

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