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Page last updated at 17:22 GMT, Wednesday, 29 July 2009 18:22 UK

Mosley confident over F1's future

Max Mosley
Mosley said BMW's pullout was sad but hardly a surprise

World motorsport chief Max Mosley has told BBC Sport he remains confident about the future of Formula 1 despite BMW's withdrawal on financial grounds.

The company, whose team has struggled this year, joins Honda in withdrawing from the 2010 competition.

"We've got three new teams and several more who'd like to come in," he said.

"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."

Mosley said the demise of one of the big manufacturers was only to be expected in the current financial climate, and showed the wisdom of his hotly-debated campaign to reduce costs in the sport.

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"I feel very sorry because it's 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," added Mosley.

"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."

Mosley's row with the chiefs of many leading F1 teams over a planned budgetary cap have been one of the main talking points of the sport this year, after a very public row between the two sides.

With somebody whose core business is not F1, there's always the possibility they're going to leave

And he said as the reality of the situation became more clear, he was happy to be more direct in his approach to get things done.

"Team principals who run the teams don't want their budgets cut but we're now going over their heads to the chief execs of these big companies saying 'you've got to back us up in efforts to get costs down', - and I think all the indications are that this will happen," he stated.

"I don't know that we'll get a budgetary cap, but we may get a significant reduction in expenditure.

"Teams are making efforts to reduce but we don't think they've gone far enough or fast enough."

Mosley said he had no reason to expect any more teams to bail out on next year - but he was not being complacent.

"There are rumours, but there are always rumours, so we don't pay attention until we get concrete information," he said.

"All the manufacturers to some extent have to be kept an eye on, as they've all come in and out (of the competition) on more than one occasion.

"You always have a worry about a manufacturer as it's not their core business.

"Somebody like BMW, their business is making cars, whereas for Williams, F1 is their business.

"With somebody whose core business is not F1, there's always the possibility they're going to leave."



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see also
BMW to quit F1 at end of season
29 Jul 09 |  Formula 1
BMW ditch Kers power-boost system
21 Jun 09 |  Formula 1
BMW Sauber may consider F1 future
23 May 09 |  Formula 1
BMW Sauber's F1's history
04 Mar 09 |  Formula 1
Mosley warning over F1 peace deal
26 Jun 09 |  Formula 1
F1 deal ends threat of breakaway
24 Jun 09 |  Formula 1
F1 teams granted entry for 2010
12 Jun 09 |  Formula 1
BMW Sauber
02 Nov 09 |  Drivers & Teams
Global crisis ends Honda F1 era
05 Dec 08 |  Formula 1


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