After a season in which indisputable on-track brilliance (Fernando Alonso, Kimi Raikkonen, occasionally Michael Schumacher) has often been overshadowed by the depressingly ugly spectre of political wrangling (Imola-gate, Indy-gate, Button-gate), at last we have some unequivocally good news.
We have a new World Champion - a worthy winner, and the youngest in Formula One history, to boot. His battle with Raikkonen was enthralling to watch, and was surely the first of many epic encounters between the two.
But there is plenty else to shout about, too. Minardi, for so long a struggling minnow, are if not yet a big fish then certainly no longer drowning. Not even struggling to swim with the tide. Ditto Sauber - who, although their finances were never remotely as precarious as Minardi's, could not have gone on indefinitely without serious investment or takeover.
But takeover, by BMW, is what has this year happened to Sauber - just as takeover, by Red Bull, is what has this year happened to Minardi. And this week, in the shape of strong rumours of a likely eleventh team, backed by Honda (who now own 100 per cent of B.A.R), F1 has yet another good-news story to celebrate.