Promotion and relegation to be introduced in F1
Promotion and relegation are likely to be introduced to Formula One motor racing in two years time, the sport's senior ruling figure Max Mosley said here on Tuesday.
Mosley, President of the sport's world ruling body, the FIA, said he was working on a plan to bring the new structure into existence by 2008. Briton Mosley, president of the FIA since 1991, said he first wanted to bring financial stability and reduced costs into the sport - and then add some new interest and a better structure.
"It is one of the new things we are looking at and it would be nice because it is necessary," said Mosley. "Promotion, and relegation, would add a huge amount of new interest for everyone."
Mosley said he foresaw Formula One relegating its bottom team, or two, to a 'second division' competition created out of the current GP2 series, which would, in turn, supply replacement promoted teams.
"It is natural and it would be very stimulating for everyone," said Mosley. "But first we do have to get the costs fully under control so that promoted teams, quite possibly smaller, independent teams, could afford to make the step up into Formula One."
Mosley is involved in long-term planning for the creation of a relatively low-cost version of Formula One due to begin in 2008. He has said he hopes to cut budgets from the level of 250 million pounds (364 million euros) to about 65 million - a figure that he believes an ambitious and successful promoted junior team could find.
"They will already have some success, an efficient management and sponsors and they will gain more money, from the commercial side of Formula One, when they go up - thanks to Bernie Ecclestone's increase in payments - and should also find extra sponsors."
Mosley's vision is of a strong top Formula One league in which the big-spenders are kept under control and where the threat of relegation could keep otherwise dormant seasons very much alive to the final race.
"It would have so much effect on everybody," he said. "The fans would love it, but it would also effect drivers, teams and sponsors so much. I would like to see it in 2008 and, if not, certainly in 2011."
Mosley also reiterated that the 'breakaway' teams that have threatened to join a rebel championship in 2008 run by the manufacturers' organisation, the GPMA (Grand Prix Manufacturers Association) will have only until June to commit to the official series before he considers the interests of other private independent teams.
Six teams have already agreed to race in FIA's official championship from 2008, leaving vacancies for only six more. Renault, BMW, McLaren-Mercedes, Honda and Toyota have refused to sign. If they have not done so by June, they could find that there are fewer than five vacancies remaining in Formula One if men like David Richards, formerly a team principal at BAR-Honda, BAR founder Craig Pollock or American race team owner Roger Penske sign first.
Mosley said also that he believed Formula One would currently be "in crisis" if he had not started his campaign for cutting costs two years ago. "I am sure that is what would have happened," he said. "It would have been inevitable."