Hamburg - The world economic crisis appears to be a blessing in disguise for Formula One racing.
Not only have the grim economic realities drastically sped up major cost-cutting, they have also led to unique harmony between teams for the common goal of a bright future.
Luca di Montezemolo, the boss of Ferrari and the newly founded F1 team organisation FOTA, spoke of "an unprecedented moment in the history of Formula One" after the teams agreed to various measures to improve the sport.
"We do believe we can make it (F1) stronger and better in the future, and certainly if we work together we can really achieve some of those goals," said McLaren team boss Martin Whitmarsh.