As part of the deal to avoid a breakaway series next year, Max Mosley has agreed to not stand for re-election for the FIA next year. It’s likely that Bernie Ecclestone had significant involvement in the discussions, in order to ensure that the future of F1 as it stands remained secure. Interestingly, prior to the meeting, Mosley had insisted that he wouldn’t stand down, even though after revelations of his private life in 2008.
From what I’ve heard, rules will remain the same for the next season, though cost cutting will be implemented eventually to reach the £40million budget cap target – whether that will happen remains to be seen. The reason that budget was set however was to bring the costs back down to 1990s levels.
Either way, it’s great news that the future of F1 has been secured and I’m glad the greatest form of motorsport in the world will be around in current guise next year.
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