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Mosley talks presidency, costs, and setup issues // Max dominates headlines with KERS, presidency and more

Published by Christine

Mosley talks presidency, costs, and setup issues
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Welcome to F1Minute for the 30th July 2008.

More Max Mosley news today, he has been talking a lot. Firstly, he has reiterated the fact that he’s not going to be attempting another term as FIA president. When his run is over in October 2009, that’s it. Until then, Mosley says he will be concentrating on making F1 cheaper for teams, and greener for the environment. He also wants the Concorde Agreement sorted before the end of this year.

Here’s a quote regarding the cost issue: “At the moment, if you're an independent team like Toro Rosso or Force India, you can't run at a profit – you depend on a billionaire to subsidise you. And there just aren't enough billionaires around to subsidise."

Mosley also discusses the problems that the new KERS technology has been facing, and says that fears about the new technology are being overstated. He said the electric shock received by a BMW mechanic was “surprising”.

Finally, Mosley mentioned that he believes his News of the World scandal emerged because he was setup by someone trying to force him to resign.

That’s all for today, I’ll be back tomorrow with another F1Minute.