Formula 1

Max Mosley blames Jean Todt for F1 troubles

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Former FIA President Max Mosley has blamed his successor Jean Todt for the current financial problems a number of teams are suffering on the Formula 1 grid, as a former ally David Ward announces his candidacy for the December Presidential vote.

With Sauber and Lotus both looking to secure their futures in the sport Mosley, who looked to impose a $40m budget gap from the 2009 season, believes Todt's lack of action on the issue has caused the current issues.

Asked about his failed bid to impose the budget gap Mosley claimed: "No one could or wanted to join the proposal.

"Instead, the teams introduced their own cost limits, but it was never effective in reality.

"In the end it was only a non-binding letter of intent -- a kind of lip service," he insisted.

"It was ineffective, partly because my successor Jean Todt was never a friend of cost limits. Now Formula One has a big problem."

Many are seeing Mosley's comments as the first move in the upcoming Presidential vote between Todt and Ward.

Interestingly one man Mosley doesn't pin any blame on is another long-time ally Bernie Ecclestone, despite many teams pointing to Ecclestone's unwillingness to increase the amount of income Formula 1 earns to the teams.

"I do not believe Ecclestone's monetary policy is the crux of the problem," he said when asked about the 82-year-old.

"If the big teams got more money from him, they would just spend more money.

"On the other hand, formula one would not change in substance if less money is spent by everybody.

"The problem is the monetary policies of the teams. Ecclestone actually thinks extremely economically. And he is the one who has managed the commercial side of the sport for years with great success.

"He brings the circuits, the organisers, the TV stations -- in other words, he keeps Formula One alive commercially. It is certainly not his fault that the teams live beyond their means.

"On the contrary, without him, it would be bleak."

Indeed Mosley continued saying he believes Ecclestone rightly deserves every penny of his multi-billion pound fortune.

"Why not?" he insisted. "If someone works hard and is successful, why shouldn't he have benefitted?"

Finally he also defended Ecclestone in relation to the bribery charges the Briton faces over payments made to now jailed banker Gerhard Gribkowsky during the sale of F1 to CVC in 2006.

"Why would he do that?" he said when asked if he believed Ecclestone had paid a bribe.

"Think about it again: why would he be interested in selling the business as cheaply as possible, even though his own family still owned considerable amounts of the marketing rights?

"Additionally, there was, according to my information, only one buyer for the rights anyway."

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This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of GiveMeSport.com or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. GiveMeSport.com and SportsNewMedia do not take any responsibility for the content of its contributors.

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