It seems like a script each year, the Bahrain Grand Prix gets close and the social media fires up with anti and pro sentiments spamming timelines and pages with pictures of oppression (from who knows where) and placid city streets from days unknown.

Whether you are a fan of Ferrari or its boss, Luca di Montezemolo, the Italian head of Fiat is thinking outside of the box and for good reason. I recently commented on a statement McLaren's Martin Whitmarsh made about Formula One just now discovering this new technology called the "interweb" and how it may be used to generate new and exciting ways to connect with fans.

There was a meeting today between FIA president Jean Todt, Formula One Management boss Bernie Ecclestone and Ferrari boss Luca di Montezemolo. Three big players in the current and future evolution of the sport. What kind of discussions could have taken place? Doubtful they were discussing this weekend's Italian Grand Prix.

I am most certainly biased as I consider the Spa Francorchamps circuit one of the crowning achievements of motorsport excitement and while the cars all take Eau Rouge flat these days, it is still a fantastic venue and as our own Mark Hallam points out, it is one of the few races that is still affordable to attend.

An interesting statement on Formula One's website today touted the re-financing of the long-term structured debt that owners CVC Capital Partners posses. The deal would reclassify the long-term note for an additional four years.