What a thing a good bitch slapping will do to a guy. Realizing that Formula One would shrivel and die without eight of its best teams, FIA President Max Mosley has decided not to run for a fifth term later this year. In a statement, Mosley said:
“There will be no split. We have agreed to a reduction of costs. There will be one F1 championship, but the objective is to get back to the spending levels of the early ’90s within two years.”
Now he’ll have plenty of free time to pursue other interests.