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Re: FIA v F1
Posted by 'Doink' on 24 Jun 2009 @ 13:55

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DoinkJoined: November 2003
Total Posts: 1
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Just read this on ITVF1.com

'A breakthrough deal has been reached that will prevent Formula 1 splitting in two, FIA president Max Mosley has said.

Following a meeting of the governing body’s World Motor Sport Council in Paris on Wednesday, Mosley said a new approach to cost-cutting had been agreed and that the FOTA teams had now dropped plans to start a breakaway championship.

“There will be no split,” said Mosley.

“We have agreed to a reduction of costs.

“There will be one F1 championship but the objective is to get back to the spending levels of the early '90s within two years.”

As part of the deal Mosley has also agreed to step aside as FIA president when his current term of office runs out in October, despite having signalled on Tuesday that he would stand for re-election.

"I will not be up for re-election now we have peace," he said.'

Message Thread:

FIA v F1 by 'BillDawes' (24 Jun 2009 @ 12:57)

Re: FIA v F1 by 'SteveG98' (24 Jun 2009 @ 13:30)

Re: FIA v F1 by 'Doink' << You are here!

Re: FIA v F1 by 'razh54' (24 Jun 2009 @ 16:32)

Re: FIA v F1 by 'QuickOldTimer' (24 Jun 2009 @ 17:35)

No Mosley!!!!!Horray!!!!!!!!! by 'ADZ' (24 Jun 2009 @ 20:49)

Re: No Mosley!!!!!Horray!!!!!!!!! by 'Doink' (24 Jun 2009 @ 20:56)

Re: No Mosley!!!!!Horray!!!!!!!!! by 'Shanny' (24 Jun 2009 @ 21:52)

No Mosley ..but short memories.. by 'Chads' (25 Jun 2009 @ 0:12)

Re: No Mosley ..but short memories.. by 'michaelg36' (25 Jun 2009 @ 1:10)

Re: Mosley sucessors?? by 'Rickscott' (25 Jun 2009 @ 9:51)

Re: Mosley sucessors?? by 'BillDawes' (25 Jun 2009 @ 13:02)

P.S by 'BillDawes' (25 Jun 2009 @ 13:15)

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