Todt aims to improve FIA effectiveness

After confirming he was to stand for the position on Thursday, Todt published a letter he had sent to the members of the FIA explaining his reasons for wanting the role.

"I do so conscious that the FIA is a unique organisation that serves both as the governing body of motor sport and the representative of motoring clubs worldwide," he wrote.

"In this letter I would like to explain my commitment to strengthening the independence and effectiveness of the FIA in close co-operation with the entire membership."

Todt paid tributes to the achievements of Mosley during his 16 years as president and said he hoped to offer some continuity for challenges the automotive world faces over the next 40 years.

He also laid out plans to reduce costs in all forms of motorsport and motoring, promote innovation, and ensure the FIA works better together in the future.

Todt added: "I have been very fortunate in my career to have enjoyed considerable success in motor sport and benefit from the hard work of previous leaders of the FIA in creating a global platform on which to compete.

"I feel that for me the time is now right to give something back to the sport and the FIA's club that have given me so much. I would also like to assist my colleagues from the mobility clubs in their important work representing the motoring public.

"For these reasons I am enthusiastic and excited to serve as President of the FIA and very grateful for your consideration of my candidacy."