Steiner: High time for Formula 1 to offer 'clarity' on the future

Haas boss Guenther Steiner says it's high time for Formula 1 to provide clarity to the teams on the sport's revamped 2021 regulations.

Teams are bracing for meetings of the F1 Strategy Group and the F1 Commission that shall take place in London next Tuesday, where F1 CEO Chase Carey is expected to unveil the comprehensive framework that will guide the sport into the future.

As far as Steiner is concerned, clarity can't come soon enough.

• F1 attracting 'real interest' from potential new entrants - Carey

"We need clarity, because there is a lot of talk going on," the Italian team boss told Motorsport.com.

"I think now Chase is ready to present something to us, and let’s see what he presents, and go from there.

"I don’t know what is in there. We all talk between each other’s backs, so I don’t know in the end what F1 has come up with."

Steiner stressed the importance of getting a clear picture of the future, insisting that some teams may only be a few months away from starting development work on their anticipated 2021 designs.

"We need to get to the point where we know what is going to happen in the future, otherwise we cannot run our business," added the Italian.

"You cannot start to develop if you have no technical regulations. For us everything starts at least a year or 18 months early. Now we are only 21 months away from that season.

"So you haven’t got a lot of time left. I think they realise that, and that's why they’ve said, ‘We need to come out with something'.’

"But there are a lot of things, the governance, the budget cap, the technical regulations. If we get it all done in one meeting, good for us. Yeah, good luck."

Gallery: The beautiful wives and girlfriends of F1 drivers

Keep up to date with all the F1 news via Facebook and Twitter