Posts Tagged ‘Mosley’

Rebel F1 Teams Victorious In Battle With FIA’s Max Mosley

Thursday, June 25th, 2009


In the end, it couldn’t have turned out any other way. After the threat of a team-led breakway from Formula One, Max Mosley - the controversial head of motor racing governing body the FIA - is quitting his executive role.

Mosley’s decision to step back from his executive function came at a meeting in Paris involving the eight rebel teams and F1 commercial chief Bernie Ecclestone. As a result, the teams which had planned to form a rival circuit are now expected to line up for F1 again next season.

The news will come as a relief to sponsors - who were faced with the prospect of F1 being torn apart at the seams. That would have made strategic planning around top flight sport virtually impossible. It would also have led to a mass of litigation between various overlapping vested interests. 

As it is, Mosley no longer has any say over F1 and will not stand for re-election as FIA president in October. However his departure does not necessarily mean that F1 is set for a period of calm. It remains to be seen what will happen to the budget caps that Mosley wanted to impose on teams. There is also likely to be a tough debate between Ecclestone and the rebel F1 teams over how to share power and money in the post-Mosley era.