There are a bunch of stories knocking around this morning which are designed to be noticed. One is the suggestion that there could be a Bahraini on the board of the Formula One group, another that Mercedes-Benz could pull out of F1. Neither are to be taken too seriously. If one looks at the ownership of the various F1 teams one could extrapolate any number of daft stories about who might be on the board of the Formula One group. If CVC Capital Partners wanted to put a member of the Taliban on the F1 board, no-one is going to stop them. But does that mean that they will? It is true that the Bahrain holding company Mumtalakat has 50 percent of the shares of McLaren, but who is the chairman (and therefore the casting vote)? As to whether Mercedes will pull out of F1, the story is similarly misleading. Yes, Mercedes may have totted up how much it would cost them to withdraw from F1, but they might also have worked out how much lawyers fees would cost to mount a challenge to the Formula One flotation and realised that lobbing a law suit would certainly get the attention of the financial people and would probably screw up any hope of the float taking place. Thus it is in the interest of the Formula One group to find a workable solution with the German car company, rather than watch it go and take a quarter of the F1 engines with it. These are games that are played at times like this in F1 negotiation. If the Formula One group pushes too far it has a lot more to lose than Mercedes. In the old days when the Formula One group and the FIA were hand in glove then a challenge was a more dangerous path to take, but these days the Formula One group must play a little less fast and loose. The people behind the money need their reputation unsullied and they have taken plenty of pain in recent years in Germany, which is a story that has still not gone away. They do not need a lawsuit from a major car company, which in recent years has been one of the pillars of the sport.