FCPX New Project HDR settings unavailable
I have made the grievous error of setting my iPhone to HDR only to find that it turns using FCPX to edit it into a nightmare. (iMovie helpfully copes with HDR seamlessly.) I should like to set up a new project in FCPX with the HDR colour space so that it will import my iPhone HDR without making it look blown out. However the colour space popup in the new project dialog box (and also in the project properties settings) is greyed out. How can I get it working?
(I do know that I can use HDR settings fx to deal with individual clips but this is causing huge problems with compositing, so I can see no alternative but to get HDR working properly protect-wide.)
MacBook Pro 13″, macOS 11.4