Even though it was thought that the new supplier for tyres to the Formula One world championship would be announced in Turkey this past weekend, it now appears as if there will be no news on the matter for at least another few days.

“A final decision is still a few days away, said Williams CEO Adam Parr.

It appears as if Michelin’s counter offer to the teams, which was delivered on Sunday morning, sees them withdrawing their previous demand that teams switch to 18 inch wheels as well as dropping all charges for supply from the smaller teams.