Despite years of talks, Red Bull claims the “fun will really begin” when Formula 1 reveals the first draft 2021 regulations.
Liberty Media, the FIA and teams have until the end of this month by the current rules to agree on a new Concorde Agreement and the changes that will be introduced with it.
However, with such split opinion on budget caps, standardised parts and other ideas, team boss Christian Horner still sees a long road ahead.
“I’m sure something is going to be presented,” he was quoted by F1i.com referring to the upcoming deadline.
“It will probably be nowhere near what actually gets signed. I’m sure the regulations will change and evolve.
“Something will come out in June, it will change in September, October, probably in November, and yeah, there’s plenty of ground to cover.
“But there is a watershed moment where something will be put in front of us fairly shortly and then the fun really begins.”
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Racing Point technical chief Andrew Green also offered an insight into the sporting regulations that are being put forward, including a brand new car design.
“I know that the FIA and F1 have done a huge amount of work in the background,” he said. “We were exposed to some of it last week in a technical working group meeting.
“We could see that it’s quite well evolved. It’s going to need some tidying up for sure.
“We have meetings planned from now until the end of the year, which is where we all anticipate it’s going to go to.”
At the heart of Liberty’s vision is incorporating cost-cutting measures and trying to close the inequality gap across the grid.
And Mercedes boss Toto Wolff insists he is open to that providing they will work as intended.
“I think in non-performance parts, where we can really save a lot of money, we should aim for that,” he said.
“If there is no saving and just complexity and the risk of reliability and failure then we shouldn’t be following those rules. So from that principle, I am onboard.
“From a Mercedes standpoint we are open-minded to reduce costs and if there is a possibility for certain non-performance parts, we are for it.”