"I think the most important thing that upset everybody, they didn't like, was this two-tier technical system, so I think it has been agreed that we shouldn't have that. We should have just one set of regulations," he told the BBC.
"I think everybody is more or less happy with the budget cap. Just how much. They'll go with it higher [than £40 million], maybe it'll be lower. It's a case of just sorting it out.
"Everyone will be under the same regulations."
He added that he had his own misgivings about the two-tier proposal.
"I always thought that was a bit stupid," Ecclestone was quoted as saying by the Daily Mail. "It was important to get rid of it."
If the two-tier proposal was shelved, Ecclestone had no doubt that the teams currently planning to withhold their 2010 entries would return to the fold.
"I am confident all the teams will still be racing next year," he said.