Formula One news

Mosley: F1's future is safe

FIA president Max Mosley is confident the future is bright for Formula 1 despite BMW Sauber F1's withdrawal from the sport. BMW Sauber is the second team within a year to announce its withdrawal from Formula 1.

According to Max Mosley the FIA is not worried about the sport as BMW pulls out at the end of the season. "We've got three new teams and several more who'd like to come in," Mosley told BBC Sport. "If any more manufacturers quit we've got people who'd replace them. I think F1 will be very healthy with or without the manufacturers.

"I feel very sorry because BMW a very important company and they've been super competitive in F1, but it's something we've been expecting with some of the big manufacturers. It's not possible that they go on spending the sort of money they're spending with the industry as a whole in so much trouble.

"All of these companies have problems, they're shutting factories, putting people on short-term contracts and even in most cases depending on taxpayers money, through things like scrapping schemes. So it doesn't really fit that they spend a great deal on F1 so we still need to get the cost down to show they're not wasting money."

more news

• 28 Nov.
  • Lola ready to enter Formula 1
  • Raikkonen close to Citroen WRC deal
  • Tung looking for 'useful' test
• 27 Nov.
  • Montreal seals Formula One contract
  • GPUpdate TV: Domenicali - high hopes for 2010
  • Jerez test: The cast
  • Wurz plays down USF1 link
  • Renault to test Baguette, Tung and Di Grassi
  • Alonso makes second visit to Ferrari
  • Force India confirms Sutil and Liuzzi
  • All new teams now FOTA members
  • Sauber buys team back from BMW
  • De la Rosa pushing for race drive
  • Ecclestone: I won't buy Donington
  • Haug becomes part of F1 in Schools
  • Volkswagen to provide F1 engines?
• 26 Nov.
  • Alguersuari: 2010 contract is signed
  • Conway and Ericsson to test for Mercedes
  • 4 driver options left for Lotus
  • 'F1 in need of Schumacher return' - Verstappen
• 25 Nov.
  • 'Fantastic opportunity' - Di Resta on Force India test
  • Recap: N.Technology court bid fails
  • BMW testers excited about Jerez
  • Brawn disappointed with Button drives, ponders Lauda
  • Piquet to drive in Massa kart race
  • Brawn aero chief wins award
  • Gillett disappointed with government position
  • Mercedes hopes to confirm line-up by Christmas
• 24 Nov.
  • Briatore verdict expected in January
  • Donington still hopeful over F1 race
  • Montreal race confirmation imminent
  • Massa names drivers for karting event
  • Campos car passes FIA safety tests
  • Strong test could seal drive, says Mallya
  • Force India to test di Resta and Hildebrand
  • Courts to hear Briatore case
  • Silverstone GP deal forthcoming
• 23 Nov.
  • GPUpdate TV: Sam Michael - building on 2009
  • Theissen waiting on entry decision
  • Mercedes delighted with Rosberg confirmation

Homepage