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@mmccarthy
I didn't say they'd signed anything, but from what i'd heard the teams were in agreement about the idea of a budget cap, but not the figure.
Anyways, Ferrari, Red Bull, Torro Rosso, Williams & Force India will all be racing next year, along with the 3 new teams USF1, Manor GP and Campos GP, all 3 of those using Cossie engines, McLaren, Toyota, BMW, Renault and Brawn have all been asked to rethink their conditional submissions in order to get onto the grid next season, or else more of the new teams that are lined up for entry will get their place.