• Jun 24th 2009 at 9:47AM
  • 41
After all of this year's soap opera stories in Formula One, it appears there will be a unified championship series next year after all. According to The Times UK, controversial F1 boss Max Mosley has been "forced into a humiliating climbdown as president of the FIA," and his reign is over effective today.

Apparently, with the Formula One Teams Association's (FOTA) plan to build its own breakaway series and take most of its highest-profile (and highest-dollar) draws away with it, the FIA realized that something had to be done. Eight teams, including Ferrari, McLaren, BMW Sauber, and Brawn GP had pulled out of the series over concerns relating to a new £40m budget cap (around $66m USD).

With Mosley's departure effective immediately, F1 teams and the sanctioning body have agreed to cost cuts with the goal of getting spending outlays back down to the that of the early Nineties within two years.

Mosley has agreed to end his 16 year term at the FIA and not seek re-election to another office.

[Source: Times UK | Image: Mark Thompson/Getty]

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    • 1 Second Ago
      • 6 Years Ago
      Best news I've heard in a long time. Now hopefully we won't see so many stupid rules designed to make F1 a spec series.
      • 6 Years Ago
      on a leather armchair, in a dimly lit room somewhere in Italy, Montezemolo is spinning the Prosecco in his glass and muttering "just as planned..".

      For the anime enthusiasts: "keikaku doori..."
      • 6 Years Ago
      i bet he would get along great with Mel Gibson!
      • 6 Years Ago
      Good riddance and good bye.
      • 6 Years Ago
      Don't be so hasty to lynch the author.


      Max Mosley, now to step down as FIA president in October, announced after Wednesday's World Motor Sport Council meeting in Paris that a cost reductions package had paved the way to a compromise deal between the warring sides.

      But it is also believed that Michel Boeri, currently president of the FIA senate and head of the Monaco automobile club, will immediately begin to handle all relations between the sport's governing body and the teams.

      Either way I doubt the FIA will let Max sanction a change of toilet paper after this fiasco.
      • 6 Years Ago
      Doesn't seem like enough to fix the root problem to me.
      • 6 Years Ago
      Time for old Max to retreat to his bunker with Eva and put down that cyanide cap.
      • 6 Years Ago
      Good riddance you prick!
      • 6 Years Ago
      ABOUT DAMN TIME! Maybe they can fix WRC now also.
      • 6 Years Ago
      Max now has more time to spend with his "friends" and their uniforms. Hopefully he'll crawl under a rock and stay there.

      Unfortunately, he didn't take Bernie with him.
      • 6 Years Ago
      Don't let zee door hit you on zee vay out, yah?

      Or maybe he would enjoy that...
      • 6 Years Ago
      YES. This has been a long time coming. Bernie is next...

      Although I do question with the $65 cap not being enforced or enacted, will USF1/USGPE/Peter Windsor etc. have the financial cajones to participate (as I thought their entrance into the sport was predicated on the budget cap being in place)? Will they even want to if they are going against a Ferrari team with much deeper pockets?e

      Guess we'll have to wait and see.

      Either way, good news. Looks like F1 MIGHT be returning to the pinnacle of motorsport.
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