Mosley expects EU resolution

Legislation regarding the new European Arrest Warrant is due to come in force across the European Union by March of this year. The new laws, wich are already in place in Britain, Spain and Belgium, allow for easier extradition between EU states and has raised fears that teams could face legal charges following a fatality.

Mosley told BBC Radio Five Live that the chances of a resolution to the boycott threat were "quite likely."

Explaining the reason for the team bosses concerns, he said: "Under the European Arrest Warrant, the local magistrate could simply order the arrest of whoever was concerned and have them carted off to the relevant country and lock them up until there was a trial."

"The difficulty is that at the moment there are no bail provisions under the European Arrest Warrant. It's all been rushed through on the basis of things like terrorism. So it's a real menace, not only to the team prinicipals but also to the mechanics and all the technicians and engineers - everyone concerned with the team."

Mosley insists that team bosses are not trying to escape responsibility for any deaths that may occur resulting from accidents involving their cars. He said: "The difficulty for [team owners] is they don't want to be arrested as soon as they are prosecuted and carted off to jail in the relevant country to await trial."

He added that unless teams received "binding assurances that these procedures will not be used against them in the event of an accident, they simply won't race - they won't take the risk."