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No F1 breakaway series, Mosley to step down

 
3 1,863 views Jun 24, 2009

We may not know if there will be a 2010 F1 season until the lights go out on the first grid

We may not know if there will be a 2010 F1 season until the lights go out on the first grid

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Max Mosley will step down as FIA president later this year, as formula one's political crisis involving eight rebel teams' threat to set up a breakaway championship ended on Wednesday. Hopes that the Paris meeting of the World Motor Sport Council would be the scene for a resolution were proven correct, after 69-year-old Mosley emerged and told reporters "there will be no split".

"We have agreed to a reduction of costs," said the FIA president, following a lengthy dispute about his proposed budget cap, governance style, and ultimately his very presence at the head of the sport's ruling authority. "There will be one F1 championship but the objective is to get back to the spending levels of the early 90s within two years," he said on Wednesday.

As for his earlier claim that he will not be deciding to step aside in the midst of a crisis, he added: "I will not be up for re-election now we have peace."

F1 chief executive Bernie Ecclestone was also in Paris and said he was "very happy that common sense has prevailed".



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Comments (3)

  1. ma_Layne avatar Layne Posted: 6/24/2009 1:00pm PDT

    Oh praise the Spaghetti Monster, what a banner day this is! F1 stays together, AND Max Mosley is on the way out. I think I'm gonna go celebrate!!!
     
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  2. ma_Mike avatar Mike Posted: 6/24/2009 2:01pm PDT

    At least we're spared another CART/IRL fiasco. I am glad they are reducing the budget, though. In the current(and any future) economic crises, it will be easier for factory teams to justify staying in F1 as it won't be so costly as to be deemed "a waste of money" by the manufacturers.
     
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  3. By  carte sd 2gb Posted: 12/21/2009 3:36am PST

    Whatever his faults, Max Mosley have done much to further the saftey aspect of motor racing and of course road vehicles during his reign. EuroNCAP is done during his watch, as well as the fact that F1 cars nowadays are much safer than cars 15 years ago when Ayrton Senna & Roland Ratzenberger died in Imola. He may be mad, but give him some credit, he wasn’t that mad before…
     
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