Max to stay on with FIA

In a statement released by the FIA, Mosley was 'unanimously called on' to rescind his decision and was informed that his early departure would damage the interests of the FIA.

Mosley claims that he received approaches from all sections of the FIA who went as far as to suggest that it would be irresponsible for him to step down this year. Mosley said that he felt bound to accede the senate's request.

Mosley quit after growing increasingly frustrated with the Formula 1 and WRC team's inability to agree on anything. "I've got to the point now where I no longer fin it interesting or satisfying to sit in long meetings, particularly with the F1 teams, where people agree things and then go away and change their minds," he told Autosport after making his decision to quit. "It means you've wasted a day.

"Sometimes one says to oneself, isn't it actually more fun to sit on the beach with an interesting book than to sit here having these discussions."