Mosley calls for further F1 cost cutting

Max Mosley has called on the Formula One Teams' Association to further radically reduce costs to preserve the sport's future.

Following a landmark meeting in Monte Carlo four weeks ago, FIA president Mosley and FOTA reached agreement on a raft of measures designed to slash millions of pounds from the teams' budgets.



The action was desperately required in the face of the global economic crisis, and in particular, Honda's shock withdrawal.



Proposals were laid down for both the forthcoming season, and 2010, but ahead of the latest FOTA meeting today Mosley has written to president Luca di Montezemolo calling on his organisation to impose further changes.



In a letter dated 5 January, Mosley writes: "First, even before the current crisis, Formula One was not viable. Costs have been so high that we have had vacancies in the Championship for some time.



"Secondly, it is impossible to cut costs substantially without significant change. Inevitably, cherished projects, facilities and sadly, even people have to go.



"Thirdly, the fact of having recently invested in an expensive facility is not an argument for retaining it. That money has been spent. It's gone. What we have to avoid is forcing others to spend the same money in order to keep up.



"Fourthly, there is no rational argument to support the continued use in Formula One of expensive technologies which have no relevance outside the sport and are unknown (and thus of no interest) to the general public."



Despite the agreed plans for 2010, Mosley would like more to be done with regard to finding ways of saving money on engines, transmission, chassis, KERS, tyres, and even the race weekend itself.



Mosley would even consider moveable aerodynamic parts to allow the possibility of wheel-to-wheel racing to improve 'the show'.



There is even the prospect of a budget cap, an idea often mooted, but generally rejected due to it being difficult to police.



However, Mosley added: "The idea that each team should have the same amount of money, so that success is simply a function of intellectual ability, has great appeal.



"If properly enforced, it would be a very fair system. Indeed one view is that having much more money than a rival team is just as unfair as having a bigger engine.



"We should like to discuss this further with FOTA."



In short, Mosley wants the budgets of the teams to be reduced to a level where they "can operate profitably with just the FOM money and very moderate sponsorship".



He remarked: "This is the only way to safeguard the Championship and allow new teams to enter to fill the gaps as well as replace those leaving."



Mosley concluded: "The FIA itself would not be financially disadvantaged by a collapse of Formula One, but it would suffer in other ways.



"And, in any event, we believe we have a duty to do whatever is necessary to preserve the Championship for the competitors, the commercial rights holder and motor sport generally.



"We are therefore prepared to act radically.



"We hope that, notwithstanding the changes which must now be made, all teams which are still in business in 2010 will enter.



"But as already stated, we will be ready to recognise an independent series should some teams prefer to go their own way."



Travel
travel
News
Tim Vine has won the funniest joke award at the Edinburgh Festival 2014
peopleTim Vine, winner of the Funniest Joke of the Fringe award, has nigh-on 200 in his act. So how are they conceived?
News
Jamie and Emily Pharro discovering their friend's prank
video
Arts and Entertainment
Taylor Swift crawls through the legs of twerking dancers in her 'Shake It Off' music video
musicEarl Sweatshirt thinks so
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
News
Our resilience to stress is to a large extent determined by our genes
science
Travel
travel
Sport
sportBesiktas 0 Arsenal 0: Champions League qualifying first-leg match ends in stalemate in Istanbul
News
Pornography is more accessible - and harder to avoid - than ever
news... but they still admit watching it
Arts and Entertainment
The eyes have it: Kate Bush
musicKate Bush asks fans not to take photos at London gigs
News
i100
Sport
Manchester United are believed to have made a £15m bid for Marcos Rojo
sportWinger Nani returns to Lisbon for a season-long loan as part of deal
News
news
News
i100
Arts and Entertainment
O'Toole as Cornelius Gallus in ‘Katherine of Alexandria’
filmSadly though, the Lawrence of Arabia star is not around to lend his own critique
Life and Style
fashion
Caption competition
Caption competition
Latest stories from i100
Daily Quiz
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Career Services

Day In a Page

Ferguson: In the heartlands of America, a descent into madness

A descent into madness in America's heartlands

David Usborne arrived in Ferguson, Missouri to be greeted by a scene more redolent of Gaza and Afghanistan
BBC’s filming of raid at Sir Cliff’s home ‘may be result of corruption’

BBC faces corruption allegation over its Sir Cliff police raid coverage

Reporter’s relationship with police under scrutiny as DG is summoned by MPs to explain extensive live broadcast of swoop on singer’s home
Lauded therapist Harley Mille still in limbo as battle to stay in Britain drags on

Lauded therapist still in limbo as battle to stay in Britain drags on

Australian Harley Miller is as frustrated by court delays as she is with the idiosyncrasies of immigration law
Lewis Fry Richardson's weather forecasts changed the world. But could his predictions of war do the same?

Lewis Fry Richardson's weather forecasts changed the world...

But could his predictions of war do the same?
Kate Bush asks fans not to take photos at her London gigs: 'I want to have contact with the audience, not iPhones'

'I want to have contact with the audience, not iPhones'

Kate Bush asks fans not to take photos at her London gigs
Under-35s have rated gardening in their top five favourite leisure activities, but why?

Young at hort

Under-35s have rated gardening in their top five favourite leisure activities. But why are so many people are swapping sweaty clubs for leafy shrubs?
Tim Vine, winner of the Funniest Joke of the Fringe award: 'making a quip as funny as possible is an art'

Beyond a joke

Tim Vine, winner of the Funniest Joke of the Fringe award, has nigh-on 200 in his act. So how are they conceived?
The late Peter O'Toole shines in 'Katherine of Alexandria' despite illness

The late Peter O'Toole shines in 'Katherine of Alexandria' despite illness

Sadly though, the Lawrence of Arabia star is not around to lend his own critique
Wicken Fen in Cambridgeshire: The joy of camping in a wetland nature reserve and sleeping under the stars

A wild night out

Wicken Fen in Cambridgeshire offers a rare chance to camp in a wetland nature reserve
Comic Sans for Cancer exhibition: It’s the font that’s openly ridiculed for its jaunty style, but figures of fun have their fans

Comic Sans for Cancer exhibition

It’s the font that’s openly ridiculed for its jaunty style, but figures of fun have their fans
Besiktas vs Arsenal: Five things we learnt from the Champions League first-leg tie

Besiktas vs Arsenal

Five things we learnt from the Champions League first-leg tie
Rory McIlroy a smash hit on the US talk show circuit

Rory McIlroy a smash hit on the US talk show circuit

As the Northern Irishman prepares for the Barclays, he finds time to appear on TV in the States, where he’s now such a global superstar that he needs no introduction
Boy racer Max Verstappen stays relaxed over step up to Formula One

Boy racer Max Verstappen stays relaxed over step up to F1

The 16-year-old will become the sport’s youngest-ever driver when he makes his debut for Toro Rosso next season
Fear brings the enemies of Isis together at last

Fear brings the enemies of Isis together at last

But belated attempts to unite will be to no avail if the Sunni caliphate remains strong in Syria, says Patrick Cockburn
Charlie Gilmour: 'I wondered if I would end up killing myself in jail'

Charlie Gilmour: 'I wondered if I'd end up killing myself in jail'

Following last week's report on prison suicides, the former inmate asks how much progress we have made in the 50 years since the abolition of capital punishment