Formula 1 News

Bernie Ecclestone hoping for stability after EGA result 

FOM Chief Bernie Ecclestone is hoping that now that Max Mosley has gained support for continuing his FIA presidency after this morning’s Extraordinary General Assembly meeting (EGA), Formula 1, its sponsors and the manufacturers will not be ‘destabilised’. “It’s business as usual as far as I’m concerned. I hope it hasn’t destabilised sponsors or manufacturers,” the Briton told Reuters news agency. “I’ve always said publicly that I thought he should stand down at the end of the year. We are now in a position where nobody quite knows what will happen.”

“All those who said things in the past, I don’t imagine they are going to change their opinion now. It’s going to be difficult for him to act as a president of the FIA if the people who said before that they don’t want to meet with him maintain that position.”