One step in the right direction but they still need to shove Vannini & Co. out of the way (probably with a wad of $$$).
I am glad they are
planning on keeping the diversity, even if the individuals participating in this buyout seem to indicate something else, though that remains to be seen. The most interesting thing would be to see what the new owners would do with engine manufacturers and constructors, as the current set of cars are just too expensive for the current economic climate. I have yet to hear a thing about what cars and engine they will run beyond 04.
For once the teams and drivers will be the second thought to upcoming silly season.