Mosley urges teams to work on cost-cutting

In a letter sent to all team principals on Thursday, Mosley said it was unacceptable that the major manufacturers employ up to a thousand people to run a two-car team, and also that Formula One continues with the current fuel with the spotlight on energy problems worldwide.

He also suggests that without the recent KERS initiative, some major sponsors may have already left the sport.

Mosley has invited every team to make proposals for regulation changes with three separate aims.

The first is to introduce regulations that will cut the cost of a manufacturer-run team in half, and also make running customer teams financially viable, but without reducing the spectacle of the sport.

The second is to continue the work started with KERS and extract more useful energy from less fuel. Mosley would like to see fuel consumption halved by 2015 without reducing the performance of the cars, believing this will encourage manufacturers to research technologies that will filter down into road cars.

His third invitation for proposals is simply to improve the quality of the racing by ensuring that cars remain aerodynamically efficient in close proximity to one another.

Mosley wants proposals that have the support of the majority of the teams within the next three months, otherwise he says the FIA will itself prepare the new regulations for 2011.