Mosley Wants Further Cost Reduction in F1

Max Mosley insisted that more cost-cutting measures should be taken under consideration to make the sport of Formula One even easier to be sustained. The FIA president admitted he was very pleased with the cost-cutting decisions announced by the international body late last year but argued that FOTA should keep looking for new ways to decrease costs inside the sport even more.

According to German magazine Auto Motor und Sport, the Englishman sent the Formula One Teams Association another letter in which he proposed a new set of changes aimed to decrease the costs of several car parts. In Mosley's view, there are plenty of aerodynamic parts of an F1 car that could be subject to a standardized process in the near future.

Also, according to the same source, Mosley will allegedly push for a reduction in revs for F1 engines, aiming to bring it to 17,000 (from the existing 18,000). Such a move would no doubt be followed by an increase in engine life, which would further reduce costs for an F1 team.

As argued by the Englishman, the Great Circle should not become a sport where big spenders get to control the competition. He insisted on bringing back the budget-cap discussion and said that F1 teams should only be able (or allowed) to survive a season with the funding provided by the Formula One Group, currently controlled by Bernie Ecclestone.

“Budgets must be reduced so that teams can be operated with the money received by FOM,” argued Mosley. That's probably why FOTA is pushing for higher revenues in the first place, we might add.

He announced he will soon make public a full list of new cost cutting ideas, which are to be discussed with FOTA's CEO, Luca di Montezemolo.

For the full letter from Mosley to FOTA's Di Montezemolo, click here.