Mosley's statement comes after a compromise was finally reached...

[ioan]

I prefer the FOTA to start a new championship and put an end to this charade.
This will end CVC's and Bernie's stronghold on the F1 money and will also mean the end of Max Mosley as FIA president, as I doubt he will be re-elected if F1 loses the most valuable teams.

All FOTA will have to do is get an agreement with the people who will be in charge of the FIA after Max' departures.

[ArrowsFA1]

There is no question about it.
However I believe that Bernie would commit suicide if that was to happen.

What would happen if Bernie sided with FOTA in this conflict I wonder?

[ioan]

What would happen if Bernie sided with FOTA in this conflict I wonder?

He sure can do that, but hopefully without the CVC.

Bernie would be an asset for FOTA, they could lease him the commercial rights for periods of 3 to 5 years and this way they'll keep him honest while he will do a good job getting the World Grand Prix Series ready for next year!

[Knock-on]

It also means Bernie and CVC can maintain or even increase their profitability of F1. These smalkl teams havn't the gravitas to negiotiate a reasonable share and will be content with a more modest purse with the budget cut in place.

Max will not get voted off the FIA. It's virtually impossible the way he has structured it. The best thing that can happen is that the biggest member countries break away.

The FIA is quickly losing it's reason for existing.

[ioan]

It also means Bernie and CVC can maintain or even increase their profitability of F1. These smalkl teams havn't the gravitas to negiotiate a reasonable share and will be content with a more modest purse with the budget cut in place.

But who will continue paying big bucks for this 2nd degree F1 series?!
In order to pay back the CVC loan they need th ebig bucks to continue flowing and this will not happen if they field Ntechnology, Espsilon, Campos, USF1, March, ISport, Litespeed etc and a bunch of no name drivers. Add to that th epossibility of having to share the market with a Grand Prix series composed by likes of Ferrari, BMW, Mercedes, RedBull, Renault etc with Massa, Raikkonen, Alonso, Vettel, Hamilton etc as drivers.

CVC would never be able to repay their RBS debt with left over money.

The FIA is quickly losing it's reason for existing.

You guys are too young ... you think it's bad now, I think it was worse yet when Jean-Marie Balestre was the FISA president.

[ioan]

You guys are too young ... you think it's bad now, I think it was worse yet when Jean-Marie Balestre was the FISA president.

Well, maybe the same move is in order again to save the sport.
So bye bye Max!

[Hondo]

But who will continue paying big bucks for this 2nd degree F1 series?!
In order to pay back the CVC loan they need th ebig bucks to continue flowing and this will not happen if they field Ntechnology, Espsilon, Campos, USF1, March, ISport, Litespeed etc and a bunch of no name drivers. Add to that th epossibility of having to share the market with a Grand Prix series composed by likes of Ferrari, BMW, Mercedes, RedBull, Renault etc with Massa, Raikkonen, Alonso, Vettel, Hamilton etc as drivers.

CVC would never be able to repay their RBS debt with left over money.

If Bernie were going to manage a new series, he could let the current obligations, FOM, go into bankruptcy if his personal exposure isn't too dear. That would take care of the CVC loan and leave Max needing someone to promote F1.