Mosley supports F1 manufacturer buy-in

Max Mosley, president of motorsport's governing body, the FIA, has come out in support of plans for a group of major motor manufacturers to buy into Formula 1

Mosley supports F1 manufacturer buy-in

The group, headed by Fiat and thought to include Toyota, DaimlerChrysler and Ford, is set to purchase a third of F1 boss Bernie Ecclestone's holding company SLEC. The move would allow the manufacturers to guarantee themselves a more tangible, long-term return for their investments as engine-suppliers.

Speaking in this week's Autocar, sister magazine to Autosport, Mosley said: "We've been pushing this idea for some time and I think it is certainly possible. The car industry already has a huge involvement in F1 and this proposed move makes sense.

"I feel it would be a stabilising influence within the sport, and the structure of F1 would ensure that they wouldn't be able to influence the rule-making process."

On the plus side, direct manufacturer involvement could ensure stability of engine supply and remove the spectre of an impending F1 engine crisis as manufacturers seek to safeguard their investment.

But some teams are concerned that the sale is being encouraged by Ecclestone, who has secured F1's commercial rights until 2111, as a divide and rule strategy to increase his stranglehold on the business.

Ecclestone recently sold 50% of SLEC to German media company EMTV, and a manufacturer buy-in is set to include part of that EMTV stake.

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