Then you watch nothing... Fine by me. F1 won't be GP2 next year, even if there's only 2 old teams left. Also, FOTACS (Formula One Teams Association Championship Series) won't be F1 with only 16 cars, soon to be 12 when the private teams still left will be unable to get the sponsorship required to make the field without a budgetcap.
The problem with all the fuss right now is: it's much easier to just say something sucks than to come up with something workable oneself... I bet as soon as a breakaway is final they'll all go into cut-throat-mode to try to get rules fitting their team best, ultimately failing because they can't find anything they can agree on...
Just wait until the ACO is struck by FIA's Hammer of Doom.
If F1 manufacturers all flock to the Le Mans Series, I'm sure Bernie (if not Max) will have something to say about that. He's already threatened manufacturers with legal action if they form a break-away series. I won't be surprised if he challenges their participation in LMS or ALMS using some strange legal arguments.
It looks like the FIA and most of the FOTA teams are going to dispute the list on the basis of contractual obligations. Ouch! This could be a very lengthy battle.
Is that Manor Competition? If so they've just offered a F Renault UK test to the British Karting Champion. Me thinks that championship has now just got a bit spicier