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In the recent past, it's always been track owners and small teams who were most at odds with Bernie's business model of F1. Possibly, they have hopes now of being better off with Liberty than they were with Bernie previously.
So if a rival series "GP1" were to materialize, where would they get their teams from? Manor has just closed down. They won't run in either series. Maybe new teams could be attracted if customer cars were allowed. But could this become the "pinnacle of motorsport"? I don't think so, and Bernie and everyone else involved sure remembers the CART/IRL split of IndyCar and how that turned out for the overall popularity of the sport.
Besides, where would GP1 run their races at? The FIA sanctioning racetracks pretty much guarantees that no non-FIA approved series runs anywhere.
And that's when this train of thought of a breakaway series comes to an end. I mean you can't have series with just Ferrari on it. In the end, Marchionne's guys will realize that it's cheaper to give up some privileges and remain in F1 than going with a rival series.
Yet, all players probably want to try out now how much they can fool Liberty for their own benefits. Liberty now goes from the Paddock Club to the Piranha Club with no return ticket.
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